Cambium Global Timberland Share Discussion Threads

[tenapen] 20/8/2010 08:21

Aug. 19 (Bloomberg) -- New Zealand's sheep farmers are flocking to a government carbon trading program that pays more to plant trees than sell wool and mutton.

Cont...

[jonwig] 11/8/2010 07:52

xd today 3p. Share price drop 1.5p. Some heavy buying recently.

[ariane] 09/8/2010 13:38

enjoy your week

[jonwig] 03/8/2010 08:54

Results today, and another 3p divi. This is apparently regular and is costing about £3m, around half of the annual fall in NAV, and since they've created an enormous distributable reserve, they could carry on like this forever *except* that it's not being refilled by operating profits!

Haven't yet looked at how much the board and managers are extracting from the company.

If this starts to perform like the forestry ETF (epic WOOD) it should do well. Haven't bought and might not.

EDIT: bought some on 03/08.

[waldron] 01/8/2010 07:29

only treesing yew

[jonwig] 25/7/2010 07:39

FY results should be announced next week - was 29/07 last year. Though I'm not expecting much I might buy some if the outlook is positive.

[waldron] 03/7/2010 15:47

looks like he's branched out on his own

[pc4900074200] 22/6/2010 13:58

I wondered if you were - haven't heard from you in age's.

pc

[wild bill] 22/6/2010 13:53

still here

[tenapen] 05/6/2010 08:24

I only have a toe hold just now as i banked a smal profit. But Yes i agree TREE is a good long term investment.

[jonwig] 05/6/2010 08:06

Yup, I see the latest NAV is 89p (Jan 2010) and they paid a 3p divi last August.

NAV will probably show a decline next time, and divi is probably not secure. Even so, I'd see these as a long-term investment.

[tenapen] 05/6/2010 07:56

Thanks for the link jonwig.

[jonwig] 05/6/2010 07:47

Mentioned in FT today as part of an article on investing in forestry:



Article also mentions the Phaunos Timber Fund; I'm not so keen on that as I'm not a fan of Four Winds AM.

Looks interesting.

[tenapen] 10/4/2010 16:17

The 'Trend Spotter' says Buy.



Short Term Indicators Average: . 100% - Buy
Medium Term Indicators Average: . 50% - Buy
Long Term Indicators Average: . ..67% - Buy
Overall Average; . . . . . . . . .80% - Buy

[tenapen] 09/4/2010 10:49

With house price's both here and in the US rising and green shoots of recovery in the construction industry its no wonder there have been some 100k trades (mid price) in the last few days. With any overhand being eaten away its nice to see the share price ticking up.


Regards.

[tenapen] 25/3/2010 20:30

400,000 bought / Sold at Mid Price (74.5p)

the largest TREE trade i have seen.

[tenapen] 22/3/2010 18:44

Cheers Graham, ill give it a try.

Its just the same TREE thread but with a better title IMO. As much as i have high hopes for TREE, it isn't with all the will in the world a"Great Name, Great Share".

[grahamburn] 22/3/2010 14:27

tenapen. Apologies for not responding earlier. As I noted in post 30, all you need do to see a PLUS quote/trade is put into your monitor the epic followed by .GB - don't forget the full point between the epic and the GB!!

Just off to look at your new thread....

[tenapen] 20/3/2010 20:01

I hope all who are interested in TREE will join me on a new thread with a better title.



Regards.

[tenapen] 20/3/2010 19:58

.Cambium Global Timberland Limited (the "Company")

Net Asset Value ("NAV")



The Directors of the Company wish to announce that the estimated, unaudited NAV as at

31 January 2010 (calculated under IFRS and including current year revenue) is as follows:


Net asset value per ordinary share

31 October 2009 = £0.91
31 January 2010 = £0.89

[tenapen] 20/3/2010 19:45

QUOTE;
China's appetite for raw materials will be a key factor in determining the future price of timber. Some analysts have predicted that prices could soar by 300 per cent over the next decade as China imports vast amounts of timber to build new homes for the 20 million people moving to the cities each year.

Regards,

[tenapen] 20/3/2010 19:40

Overview
Cambium Global Timberland Limited ("Cambium") has been established to invest in a global portfolio of forestry based products. Cambium seeks to invest primarily in forestry assets which are or can be managed on an environmentally and socially sustainable basis. Cambium will seek out opportunities to gain value from the certification of its forest management systems, from the commercial development of environmental products and services, and from the reduction of risk by community engagement and workforce development. Investments may be managed for timber production, environmental credit production or both. The company will not engage in processing facilities.

Cambium Global Timberland Limited was incorporated and registered in Jersey, Channel Islands. Cambium raised £104,350,000 in a placing by Teather & Greenwood Limited and joined AIM and the Channel Islands Stock Exchange on the 6th of March 2007.

CP Cogent Asset Management, LP has been engaged by Cambium to act as the global asset manager and is responsible for all investment decisions. CP Cogent Asset Management, LP is a part of Cogent Partners, LP a quickly growing boutique investment bank with offices in Dallas, New York, London, and Tokyo.

New Forests Pty Limited is providing investment advisory services. New Forests will advise on establishing a portfolio that comprises geographically diverse assets located in mature and developing markets as well as driving returns from emerging environmental markets such as carbon, biodiversity, and water quality.

Returns from timberland are influenced by three factors: (i) biological tree growth; (ii) timber price changes; and (iii) changes in the value of the underlying land asset. The Company aims to establish a portfolio comprising geographically diverse assets located both in mature markets and in developing markets where potentially higher returns may be generated but with commensurately higher risk.

Significant Holdings, up-to-date, I think:

Baillie Gifford .............. 17,130,000 16.45
Rensburg Sheppards Inv Mgt ... 10,147,653 9.75
British Steel Pensions ....... 10,000,000 9.60
SVM Asset Management .......... 6,200,000 5.95
Artemis Inv Mgt ................5,125,575 4.92
Speirs & Jeffrey, stkbkrs ..... 4,426,006 4.25
Stafford Timberland ........... 4,363,487 4.19
Ashcourt Asset Mgt ............ 3,997,610 3.84
AXA Framlington Inv Mgt ....... 3,723,000 3.58
Rathbones ..................... 3,698,176 3.55
Co-operative Asset Mgt ........ 3,465,000 3.33
West Yorkshire PF ............. 3,150,000 3.03

D Adamson ....................... 550,000 0.53
C McGrady ....................... 300,000 0.29
M Richardson .................... 150,000 0.14
W Spitz ......................... 100,000 0.10
R Rickman ........................ 25,000 0.02


Total 104,130,000

[tenapen] 19/3/2010 15:56

Cheers Graham, I never look at PLUS.

Ho Hum for the sells :-) i just top up £500 every so often with the hope that one day this one comes good.

Regards.

No wonder i stay well clear of plus. Could you post the link for the page Graham as i can not find it, Cheers.