RE:Zzzzzzz. Huh? Wha? Did I miss anything?
Maxmoe wrote: Pretty boring year. Like watching trees grow. Yes , my crazy, zany idea of distributing 100 acre land parcels to shareholders as a "stock dividend " didn't get any interest so here's another. Let's contact our beleaguered punch drunk buddies in Calgary. The oil patch is desperate for net zero carbon emissions, ESG, blah,blah,blah. Owning a MILLION acres of trees would soak up a LOT of carbon. ADN doesn't need to own the land if they sign a 20 year forest management agreement with new owners. So .... anyone have Murray edwards contact coordinates? Cnq could buy ADN ,at a huge premium, for $500 million ,with the change in the couch cushions. Or suncor, or any big oil player. Even an American would like all that "save the world" landholdings in maine! Houston, we have an idea! Or contact your investment banker pals that love $500 million deals with big fat fees to whoever successfully pitches the deal. A thank you and small honorarium is all I'd like.
I kinda gotta say that's one of the best features of this company, as long as trees are growing and they manage the acreage effectively, have an endless resource source, mines and wells don't have that in the commodity space. Also it seems we will always have a need and use for trees, so demand should always be stable even when the markets are not.
I don't think you jump into this really for much share growth, just tree growth and a payout from that tree growth.
I would say this is a company for more of an income seeking mandate, retirees and those needing to live off thier investments or as an riskier alternative to bonds for those needing some allocation to safety as a higher somewhat safe and stable payer.
I'm not one that cares about ESG, but your idea of signing a "forest management agreement" is an interesting one and should not be overlooked completely. Can larger carbon emitters sign and pay for an agreement and share as a credit to them a company like this to help their ratings and taxes associated? It is an interesting idea for increased income as a Carbon Capture Royalty-like entity to the buisness. They would get paid for lumber, biomass, other wood products and for shares of thier carbon negative rating. Technically that would open up a door for anyone owning a woodland property or maybe even a tree to receive a carbon capture payment from an outside source. Not a bad concept, I'm visualizing a large headache for some sort of carbon assessment process for properties, someone gets paid to come look at your trees and estimates how much carbon capure ability you own for a certification as a carbon capturer that you could in turn rent out in an agreement.
I still have not jumped in, but sub 18 would be interesting, sub 17 would likely be a buy, sub 16 would be anouther excellent pullback opportunity, if all other things stay the same of course.