Acadian Timber Corp T.ADN

Zzzzzzz. Huh? Wha? Did I miss anything?

[Maxmoe]

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.

[JayBanks]

  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

[dosperros]

Good take. I'm in, again, but with a far larger position. It's a recent add in the $18.40 to $19.00 range.  Your carbon idea is here. There are compliance and voluntary markets. You described the mandated cap and trade outcomes, but we see ESG folks go net neural via carbon credit purchases. That is offsetting the proportion of a forest that is additive to a status quo (eg no

[dosperros]

That's a objectivity terrible idea re: a land dividend.  The implicit value is now about 3x higher than valued as equity... but that gap will close. Generally we want to disburse the spare cash from over-delivering assets. On assets poised to rise in value you do the opposite -- move quickly to grow. Acquiring more land is on the table and leads a buyback for capital allocation as I glean

[Maxmoe]

I don't know if you are replying to me or someone I have on ignore. If it was me, let me clarify. I used the words "fun" and "demonstrate" in my original post because I was bored and shared a crazy idea to make a point. I'm not seriously suggesting 170,000 acres be dividended out to shareholders. Imagine the costs of surveying and legal, land transfer taxes, etc etc

[Maxmoe]

Yes, management mad an obscure reference to carbon capture on one of their calls. I followed up with them and received a slightly less vague response but there was clearly no actionable plans in place so, again, for effect , I made the exaggerated suggestion we contact the oil barons of Calgary and cut a huge carbon credit deal. It's clear to me ADN doesn't know how to structure such a

[dosperros]

Buying land directly is never a bad move.  I only have a few hundred acres and to do a "project" and monetize I'd need about 3000 acres at present.  But that line in the sand is falling.  This would be an approach much like what I assume ADN did -- via a 3rd party carbon firm that does the end to end design, execution, sale, validation etc in exchange for a cut. This

[Tree2tree]

Thanks for your local insights into the NB forest industry.

[dosperros]

Thanks man. I'm trying to get up to speed so hopefully it's useful-ish. I have more expertise in sawmilling and. Lumber -- I wrong a long winded take the other day re: Interfor on their board. I mentioned Acadian a few times there too for what it's worth. In any case this is exciting times. constructively I see near term upside for earnings growth once this carbon thing lands. They