Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: Timber?
Old 12-06-2005, 12:15 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
Re: Timber?

For those of us with pitch in our veins, particularly a grand child of a mill owner (and great grand child of a Norwegian widow), the changes in the industry mark our aging.* I visited a cousin recently when the subject of Ken Ford came up.* He and I once sat at the same table and I came to appreciate his management skills.* The firm he controlled is closely held, an important employer in southern Oregon.* His passing, however able his successors, is unsettling.*

Other significant players in the industry, such as Hampton, are also private companies.* From their web site you can see that they have made acquisitions to secure raw material resources.* You can also see the the adjustments from big to small log processing (which is happening throughout the business).

A pure timberland play needs to have diverse geographic and species holdings.* A big bonus would be development potential.
__________________

__________________
Duck bjorn.
Brat is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Timber?
Old 12-06-2005, 12:25 PM   #22
Recycles dryer sheets
 
Join Date: Jul 2005
Posts: 113
Re: Timber?

DLP and RYN... similar to PCL. Let me know the results if you do a correlation study them.
__________________

__________________
boutros is offline   Reply With Quote
Re: Timber?
Old 12-06-2005, 03:46 PM   #23
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: Timber?

Quote:
DLP and RYN... similar to PCL. Let me know the results if you do a correlation study them
I haven't done anything with those but if any timber co is structured as a REIT I think it will be correlated to REITs.
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: Timber?
Old 12-06-2005, 07:00 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,384
Re: Timber?

Quote:
Originally Posted by Brat
A pure timberland play needs to have diverse geographic and species holdings.* A big bonus would be development potential.
I can't think why. Remember Arcata- as pure as they get, and all western red cedar.

Fast growing southern yellow pine, near markets. Why would you want to dilute your investment and mangement with anything else? Although some of those southern hemishere species like Radiata sure do grow fast, and are close to Asian markets.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Re: Timber?
Old 12-06-2005, 07:39 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
Re: Timber?

Ever heard of the tussic moth or the western pine beatle?

Nature can be perverse.
__________________
Duck bjorn.
Brat is offline   Reply With Quote
Re: Timber?
Old 12-21-2005, 06:54 PM   #26
Thinks s/he gets paid by the post
 
Join Date: Jun 2004
Location: E. Wash
Posts: 1,057
Re: Timber?

Quote:
Originally Posted by brewer12345
Aside from directly held land and PCL, anyone aware of other ways to get timber exposure?
Here is the latest addition to the Timber REIT--Potlatch converts as of Jan 1.* (PCH)
Longview Fiber is supposely also considering.* If you had bought pch earlier when originally announced you would have enjoyed a 10 pt swing on the news

NEW YORK, Dec 20 (Reuters) - Forest products company Potlatch Corp. (PCH) said on Tuesday its board approved a plan to convert the company to begin operating as a real estate investment trust, or REIT, effective Jan. 1, 2006.

Potlatch said it will increase authorized shares to 100 million from the current 40 million. It also said it will pay aspecial earnings and profits distribution of between $440 million and $480 million in cash, stock, or both, with the aggregate cash payment to be capped at 20 percent. The special earnings and profits distribution is expected to occur in the first quarter of 2006, as originally announced.

The Spokane, Washington-based company said it expects to pay its first quarterly distribution as a REIT of 65 cents per share by the end of February.

nwsteve
ps No I did not get the play either
__________________

__________________
nwsteve is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Yale's Swenson on portfolios donheff FIRE and Money 24 10-09-2006 10:04 PM
Roth IRA & Timber Rights/Tree Farm terminator FIRE and Money 6 07-16-2006 04:09 PM
timber zakenjanei FIRE and Money 7 03-20-2005 07:44 AM
Now that you've shown yours... cute fuzzy bunny FIRE and Money 13 07-18-2004 05:20 PM

 

 
All times are GMT -6. The time now is 07:43 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.