VRS

Verso Paper Corp.

Industrial/Transportation, Event Driven/Special Sit


Presented:01/08/2014
Price:$4.38
Cap:N/A
Current Price:$26.99
Cap:$0.79B

Presented

Date01/08/2014
Price$4.38
Market CapN/A
Ent Value$1.49B
P/E RatioN/A
Book ValueN/A
Div YieldN/A
Shares O/S53.33M
Ave Daily Vol191,840
Short Int4.14%

Current

Price$26.99
Market Cap$0.79B
Verso Paper Corp. engages in the production and sale of coated papers in the United States. The company offers coated groundwood paper, which is used primarily for catalogs and magazines; coated freesheet paper that is used primarily for annual reports, brochures, and magazine covers; and supercalendered paper, which is primarily used for retail inserts. It also provides northern bleached hardwood kraft pulp that is used to manufacture printing and writing paper grades, and tissue products; recycled paper to meet specific customer requirements; and customized product solutions by producing paper grades with customer-specified weight, brightness, and pulp mix characteristics. In addition, the company offers ultra lightweight uncoated printing papers, and ultra lightweight coated and uncoated flexible packaging papers. It serves catalog, magazine, insert, and commercial printing markets through direct sales, brokers, merchants, and printers. Verso Paper Corp. was founded in 2006 and is headquartered in Memphis, Tennessee.

​Highlights

The presenter describes shares of Verso Paper as something of a flyer, with downside potential of 100% and upside of as much as 20 times. VRS is a recently created stub equity that was formed when coated paper producers Verso and NewPage agreed to merge.

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