||EPS - Basic
||Market Cap (m)
|Forestry & Paper
Cambium Global Share Discussion Threads
Showing 2851 to 2875 of 2875 messages
|The Hammar has increased from 11% to 21%
|The Hammar is still buying. He is now above 11%
|Still no news yet. I think we will get news by the end of March IMHO!|
|I would think it is sooner though I gather it is in 3 stages of different lands etc.
Someone bought 10% and due to the buyer track record. IMHO I would say 12-18 months wasn't on his agenda. More like present to 4 months!|
|am I right that there might be NAV realisation by first selling wood in Brasil, then land mass and only Haiti remains if? But 80 % realisation? It just feels like it reading the reports and confirmed by recent buying. in 12 -18 months?|
|Certainly value in this share. Very tightly held|
|At an £8-9m market cap, mostly tightly held presumably at this stage, it won't take much interest to move this, but as it is being wound up anyway, it probably doesn't matter too much either way.|
|Nice to hear fellas.
I do think a bag is certainly in the making. Hammar bought 10% people like him don;t throw in that money on a whim. Just a question of waiting for the news.
The one thing which goes against it. Hardly anyone know anything about TREE. It will only be when the RNS is announced (assuming it is good), that the herd will start piling in!|
|I've bought a chunk too|
|I've had a nibble, lots of value here and a clear path to realisation|
|22p nav £7 mill mc, directors been loading up.
Sale of trees to be shortly announced IMHO.
Low amount of shares it moves quickly.
Probably won't be on many peoples radar though. Certainly a bag in it at these levels!|
|Yep and I see the Hammar bought another 1 million so has over 10% now.
Loads of trades today. Must have been tipped somewhere.|
|Hugepants this guy is baller
|Peter Gyllenhammar bought the shares. He now holds 9.5%. A positive.
|There's 7% of the company (6 million shares) traded at 7.6p. Share price up slightly.|
|Voloume seems high but the price has not moved|
|robizm, I was estimating a similar total return. Approx 2 years to sell everything, and 5p-6p operating/closure costs to come off the 22p NAV.
spob, I think the NAV is now prudent. They are selling Hawaii and the timber at Tocantins at book value and if you check the last accounts they've applied significant discounts to valuations received by an independent external valuer for the Brazilian assets. 15% for Tocantins, and 30% for Minas Gerais.|
|Hopefully they are at a stage where they can a least pay back say 16p to share holders. Only bought in recently at 7p and hoping to double my money. Brexit done them a big favour|
|The trend in tangible asset value over the years is quite horrific for this company
Any reasons to believe that trend has levelled out ?
NTAV last 5 years
68.2m 60.4m 40.5m 19.3m 15.5m|
|Yep. Including the timber sale then my approx NAV breakdown is;
Cash = 4p
Hawaii = 2.5p
Tocantins (land) = 6.5p
Minas Gerais (timber & land)= 9p
Total NAV = 22p
Ongoing running costs approx 2p per annum.|
|The timber has been sold for 3 million give or take|
|interims released after hours.
NAV = 22p. Up from 19p due to exchange rates.
Operating costs, mainly forestry costs,still too high but you'd expect to decrease significantly once Hawaii sold (hopefully imminent. Cash is in escrow awaiting landlord consent) and Toncatins timber sold next year. They are selling stuff at NAV which is a good sign.|
|Yes sale of "substantially all" the timber at the Toncatins property announced.
The book value of the Toncatins property as of end March 2016 is £7.9M which comprises the timber and the bare land. That's 9.5p per share. Does anyone know what proportion of the valuation is timber and what is land?|
|Hmmm - liquidation - sniff|
|Off topic: Does anyone know of a table which compares UK tree species and their water absorption characteristics? I.e. how many litres of water a tree will absorb over a given period.|