Phaunos Timber Share Discussion Threads

[gb904150] 07/10/2009 19:28

Well....i've never successfully bought at the bottom before, but I did buy on Monday.

I've been watching PTF since the mention in Moneyweek about their discount to NAV.

I like the fact that you can just let it grow. Invest and forget about it for a while if the economy turns/continues sour. The discount to NAV offers a cushion to further falls (at some point it will narrow).

The USD exposure is also a welcome diversion out of the (likely) doomed GBP.

I was waiting to see if there was any support, as the chart looks ugly, but I figure that at some point value will out.

Good luck to any holders. Nice to see how quiet it is here.

[matelot] 07/8/2009 18:15

I bought in this morning 15000 shares. Risky yes but I like the look of the chart: five point move up 0.6 to 0.7. So if this is wave 2, then 0.6 is failure. If you look else where forestry is looking up. xswx:prwn (precious woods holding) etc. Anyway now i sit and fret.

[andy] 21/6/2009 09:48

Wonder Boy,

This must rate as one of the consistent and slowest fallers of all time!

[pugugly] 21/6/2009 09:46

Even more of a disaster zone.

Management possibly too top heavy ?

[wonder boy] 21/6/2009 09:36

Anyone else starting to look at these now?

[philo124] 21/12/2008 15:54

Look at satursay's FT very good and long write up in tabloid part.
Good spot eh?

[pugugly] 12/10/2008 12:10

Looking a bit like a disaster zone for a real asset company. Anyone any views or know anything about the company?

[pip_uk] 06/7/2008 08:24

Timber becoming increasingly used as fuel and green building materials.
Could be the time to invest in a small portion of trees.
They are after all a renewable resource, and you will make a green investment which is all the rage.
I haven`t chanced my arm yet though, but watching closely.
Regards.