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Bullboard - Stock Discussion Forum Acadian Timber Corp T.ADN

Alternate Symbol(s):  ACAZF

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include... see more

TSX:ADN - Post Discussion

Acadian Timber Corp > Not a bad first day
View:
Post by Maxmoe on Mar 11, 2021 10:09pm

Not a bad first day

New 52 week high and all time high after just buying the stock yesterday. I've watched it for a while. I like the idea of paying $280 an acre for the owned timberland after assuming the crown land harvesting operations and the debt are about equal.
Comment by Maxmoe on Mar 13, 2021 1:07am
Day 2, another new all time high. Awesome. And a juicy dividend ex date coming soon. Speaking of all time high I saw this tv show , north woods law, where the game wardens were ripping out marijuana plants. The limit is still 3 plants for personal use but how many plants could adn grow on their 300,000 acres? And that's just Maine timberlands. Answer ... a bazillion.  Grows faster and ...more  
Comment by TestaDiMinchia on Mar 13, 2021 9:24pm
It's not an all time my friend. Extend the timeframe on your chart a few more years :) 
Comment by Maxmoe on Mar 13, 2021 10:13pm
Well, I shouldn't be surprised the s/h 5 and 10 year chart I'm looking clearly shows an all time high. Tsx site shows peak around mid 2018 at looks like about 20.25. So I guess we hit all time highs next week? LOL. 
Comment by TestaDiMinchia on Mar 14, 2021 1:21pm
I sure hope so :)
Comment by Maxmoe on Mar 17, 2021 11:28pm
Getting closer! Can I add in the divy and call it one more buck to all time high? It's another 52 week high in any case. And every day the timber grows a tiny bit taller. Love it. 
Comment by Maxmoe on Mar 19, 2021 6:19pm
Ho hum, another new high. 
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