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Share Name Share Symbol Market Type Share ISIN Share Description
Cambium Global Timberland Limited LSE:TREE London Ordinary Share JE00B1NNWQ21 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.25 6.00 6.50 6.25 6.25 6.25 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Forestry & Paper 0.0 -0.2 -1.1 - 5

Cambium Global Timberland Share Discussion Threads

Showing 2751 to 2773 of 2925 messages
Chat Pages: 117  116  115  114  113  112  111  110  109  108  107  106  Older
DateSubjectAuthorDiscuss
06/4/2011
07:42
From Digital Look "Tips" alert - no link to paper: Timber does not feature in the portfolio of a typical investor but, as an asset class, it does have some interesting properties. Cambium Global Timberland (CGT) is Aim-quoted and invests in forests that can be managed on an environmentally and socially-sustainable basis. The shares are "cheap" and have the potential to be re-rated higher. Buy, says the Scotsman.
grahamburn
01/4/2011
09:07
Have done Jonwig. Good Luck with TREE.
tenapen
01/4/2011
08:46
tenapen - thanks for putting the holdings list into your header! But you can delete the Deutsche Bank line - I missed the RNS on 18/03. So what's a fair price for these? Latest NAV (23/03) was 79p. Jam Role's post on iii estimates current 76.3p. (I won't re-do his calculation as I trust it.) Last two land sales showed one at 97%, the other at 118% of out-of date NAVs, so they don't really tell us much. They should be able to divert timber to Japan generating cash, so I'd hazard 76p as a reasonably conservative estimate. If that's the case, I'm happy to exit on a 15% discount, which would be around 65p. That would be a nice earner if I can get it. With the institutional holdings at around 73% of the equity it's likely they will be pressing for some sort of outer which means the downside will probably be limited.
jonwig
30/3/2011
10:10
Thanks - makes sense, and maybe prompted by the instis themselves. (Only one has actually sold down by a notifiable amount recently.)
jonwig
30/3/2011
09:55
Looks like the overhang has been cleared. I have been told that the board are talking to institutional shareholders without the managers in early April. Maybe this might lead to some corporate activity.
jambo172
30/3/2011
08:57
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 Deutsche Bank Pvte Wealth Mgt . 5,262,575 5.05 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
jonwig
29/3/2011
12:39
If directors don't know more than others, then they shouldn't be directors! Unless, of course, they are trying to bolster confidence in spite of evidence to the contrary. However, the size of the purchases would tend to argue against that last sentence!
grahamburn
29/3/2011
11:20
Punchy buying by the directors and managers. Would think that they probably know more than the rest of us.
jambo172
29/3/2011
11:05
Yes, looks the rebound is on.
topvest
29/3/2011
10:52
Significant director buying en masse. Note the price paid, 53.875p will have these marked as sells in the ADVFN trades log. http://www.investegate.co.uk/Article.aspx?id=201103291045028127D
jonwig
28/3/2011
12:26
Cambium Global Timberland Limited has received notification today from Stafford Timberland Limited that on 23 March 2011 they increased their holding to 4,363,487 ordinary shares, which represents 4.19% of the issued share capital of the Company. Here they are. Whether they would be interested in an activist role I don't know, but at least the selling is being mopped up. http://www.staffordtimberland.net/
jonwig
25/3/2011
09:41
The quote 53.0 - 55.5 is a bit misleading - I bought a few at 53.9 just now, suggesting that the trades marked at and above 53 were actually buys.
jonwig
21/3/2011
15:09
JP Morgan selling as well - no longer have a notifiable interest.
grahamburn
18/3/2011
15:36
It's intriguing, though, isn't it! They seem to be sitting on stockpiles of building timber in Texas which might have an obvious destination. From shareholders' point-of-view, I wonder whether liquidation of the fund might be the best option. I really don't think the balance sheet justifies share buybacks.
jonwig
18/3/2011
15:28
Doubt if Deutsche Bank selling 1 million + shares (or around 1% of the shares in circulation) would have caused the fall. After all, it's been falling relentlessly for the past few weeks. jonwig is right, though, something seems strange here, but could just be that their last statement didn't inspire confidence, let alone excitement.
grahamburn
18/3/2011
15:28
Ouch! I'll bide my time, plenty going on elsewhere
cambium
18/3/2011
15:25
Could well be - Baillie Gifford are a large holder which is comforting, although they splashed out £15m or so at £1.
topvest
18/3/2011
15:13
No position yet but they raised over 100 million 4 years ago and it's only worth 55 now. Is the price just down to deutsche selling?
cambium
18/3/2011
15:06
Here is our answer, Notification of Holdings Cambium Global Timberland Limited has received notification from Deutsche Bank AG that on 15 March 2011 they reduced their holding from 6,105,510 ordinary shares, which represented 5.86% of the issued share capital of the Company. Deutsche Bank AG's holding in the Company now falls below 5%.
tenapen
17/3/2011
20:00
Nearly a 30% discount to the last reported NAV! But something just doesn't smell right here.
jonwig
17/3/2011
19:48
Sinking fast !
tenapen
14/3/2011
15:46
The thought did occur, but haven't they sold a lot of their construction wood in favour of chip stuff for biomass? Worth checking, of course! EDIT: US construction timber still largest portfolio segment. Brazil chief focus of growth - for charcoal. So could be interesting. PTF an alternative, but Four Winds A M doesn't appeal.
jonwig
14/3/2011
14:39
Could this benefit from the amount of wood needed in japan?
cambium
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