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Member
Forestlands.
I have invested over a period of time a reasonable amount into Forestland shares,mainly for my future grandkids.Anyone have an idea how Forestlands are travelling.I hear from them about twice a year but maybe more often would ease my concerns.
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Junior Member
I was wondering the same for Green Plan. You can purchase 1 hectare block of pines trees for around $8k and ready to harvest in 10 years. But the original investment statements do seem optimistic compared to today's log prices.
Forestry investments - are they worth it?
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Member
Originally Posted by HRM
I was wondering the same for Green Plan. You can purchase 1 hectare block of pines trees for around $8k and ready to harvest in 10 years. But the original investment statements do seem optimistic compared to today's log prices.
Forestry investments - are they worth it?
From memory Forestlands have started harvesting a block that i have a share in,so hopefully an update shouldn't be far away.
As far as returns are concerned i don't really know however i am working on at least a 7% increase of the value of my investment per year in good times.
Of course if things go bad it might be nothing.
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Member
Interesting news letter from FORESTLANDS today.Seems like the have sold up if i read it correctly and will be paying out or retaining funds for other purchases eg forests,farms or property investment.Shareholders choice.
Not to sure what way i will go at this stage.
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Member
NBR reporting Forestlands may be struck off.
The news just gets rosier.
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Member
NBR headline this morning
''''false address used in filings''''
Under paid sub,anybody able to enlarge on comment.
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Junior Member
Hi beetills,
there is a Facebook group setup for forestland's shareholders with some good information on it. Let me know if you cant find it.
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Member
Originally Posted by bigbz
Hi beetills,
there is a Facebook group setup for forestland's shareholders with some good information on it. Let me know if you cant find it.
Thank u for that.
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Member
FMA now alleging misappropriation.
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