The following upbeat messages were recently included in a public...

The following upbeat messages were recently included in a public presentation by PaperlinX. This will be of great reassurance to both hybrid and ordinary shareholders. Note - all direct quotes from a publicly available presentation given by the company at a meeting of the National Association of Paper Merchants (NAPM) in UK on 18 April 2013. This can be viewed on the NAPM website.

- The Market is in Structural Decline – overlayed with a cyclical downturn
- The paper market will continue to decline due to structural changes – electronic transactions, electronic advertising and promotion and digital print
- The economy in Europe will provide almost no cyclical offset to the structural decline and may accelerate it
- Commercial Print paper market falling across all countries PaperlinX operates in – including Canada, Australia and New Zealand
- The Commercial Print market will continue to structurally decline with no sign of any cyclical offset
- PaperlinX Experience In Europe - The world’s toughest Commercial Print paper market

Encouraging...