- Wealth PMS
We are exiting TNPL in the Long Term Portfolio at a return of only 32% in about two years. (This isn't quite that much, even though it's positive)
It's been an interesting year for them. First, they had a water shortage for about two months and they had to shut down one of their larger machines and a hard wood pulp plant. That meant they bought pulp from the market (always a higher price) and they couldn't get volumes up. Just . . .