Recent content by Investor1

Hi All, Will not write too much just now, I have a lot to say for the future. But I thank turbo23 for acknowledging my comments. We must all remember GTP started the process when its share price was significantly higher. The offer made sense, if the world equity markets did not tank...

Fatcat, I think the proposal makes sense. I think the timing of the proposal could not be worse. I can understand why people consider they are not getting value, particularly if they cannot shelter their tax on the transfer of their forestry interest. For those that can manage their tax...

drsmith, I have no connection with GTP. But, I gather at least currently, GTP could not offer a cash offer for interests. I would not be surprised if new structured offers would be made to investors in future years. They may have improved tax profiles (i.e. swap on 1 July rather than...

gorillapolice, I don't know the answer. Can the investors decide to extend their lease if GTP or the landowner does not want to extend the lease term? Maybe the Bank's receivers have received an offer for the land and the new land owner does not want to extend the lease term to the...

brty, I never said change the regime to sawlogs. I was only referring to the fact, sawlog prices (being timber) can fall. You use the word "crashed". I am pleased you consider that will not happen to woodchip prices. Grumpy Old Man, Regarding investing in plantation ownership...

Compulsory acquisition can be shares for cash, not just shares for shares. Regarding demand and prices for pulpwood, like demand for oil, demand for coal, demand for copper, has highs and has lows. If you don't chop down trees at the time of lows, you can harvest in times when prices are...

Dr Smith, I know how you feel about being forced to sell when it is not your decision. I cannot tell you how many times I have had to sell my better shares when there has been a take-over and the 90% compulsory acquisition rule came into play. What are your views regarding ASX listed...

Slim Pickings, Tell me how you sell woodchip? Consider what is happening to BHP and RIO regarding selling even easier commodities. Also consider the amount of the cut they will experience in coking coal for 2009. The falling Aussie exchange rate relative to the yen and USD is not helping...

brty, You are starting to see the point. If the share price is undervalued and if the Project Transform is good for the company and therefore the long term share price, the issue may be the MIS investor is short being a shareholder and long being an MIS investor. At $0.17 share, the MIS...

I understand the Government will not mak a decision for general agriculture (i.e. cattle) until 2013 with a possible introduction date until 2015. However, the Government stated position is forestry can elect in from scheme commencement. goodie3shoes you can check that up yourself. If...

Hey Guys, Have any of you been following the news regarding the introduction in 2010 of a Carbon Reduction Pollution Scheme (CPRS) in Australia? An impost on the use of carbon. Have any of you read the rules that are proposed to apply to forestry? Maybe it could add value to some of...

Hi All, I am so pleased that you as an MIS investor group have started thinking about what you should do next. The issue you have is still fundamentally with the management. (I.e. discussions to replace the responsible entity). You can always replace the management if you get control of...

I assume whatever you are assessed on will be the cost base for the shares for tax purposes. But you better consult your accountant or tax adviser. So in the future or even this year, should the shares be sold for less than that amount, the amount of any loss may possibly be utilised to...

Hey, should the announcement today regarding the progress of the vote be interpreted as bad news? I cannot understand how few trades have occurred since the announcement.

Hi SDE, Would you not argue the consideration received for the sale of the interests be more like $0.17 rather than $0.50 cents?