Overview
Cambium Global Timberland was established to invest in a global portfolio of forestry based products. Cambium seeks to invest primarily in forestry assets which are or can be managed on an environmentally and socially sustainable basis. Cambium seeks out opportunities to gain value from the certification of its forest management systems, from the commercial development of environmental products and services, and from the reduction of risk by community engagement and workforce development. Investments may be managed for timber production, environmental credit production or both. The company does not engage in processing facilities.
The fund’s website can be found here.
News
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09 Aug 2019 1 min read
QuotedData’s other news 9 August 2019
In QuotedData’s other news 9 August 2019 BMO Global Smaller Companies has announced the issue of £35m of fixed-rate 20-year unsecured private placement notes at a coupon of 2.26%. This refinances the company’s 3.5% Convertible Unsecured Loan Stock (“CULS”) which matured on 31 July 2019. RDL Realisation has announced a special dividend of 255p per share. The special […]
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17 Oct 2016 1 min read
10 YEARS OF PA: The birth of infrastructure funds, to property in turmoil
The investment company sector has changed considerably over the past ten years, as back in October 2006 we were still enjoying the dying days of the credit boom. read more here
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06 Oct 2015 3 min read
Cambium Global Timberland to focus on harvesting
Cambium Global Timberland is supposed to be selling off its assets and winding itself up but that process is proving hard to achieve. The Board now say: “Global reduction in demand for wood supplies has led to lower wood prices and presented challenges. In preparing the Company’s assets for sale the Board has discovered complications […]
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03 Aug 2015 1 min read
Cambium Global Timberland NAV plunges
Cambium Global Timberland’s net asset value on 30 April 2015 was 23p per share compared with 40p as at 30 April 2014, a fall of 42.5%. Currency movements took off 8.5%, changes to the valuation of the timber assets and related provisions took of 26.3% and net expenditure on forestry and other costs accounted for the remaining 7.7%. £5m […]
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30 Jan 2015 1 min read
Cambium hit by windstorm and weak Brazil
Cambium Global Timberland’s net asset value fell from 40p to 33p over the six months ended 31 October 2014. However since then a wind storm in Hawaii has damaged the Pahala plantation there and the fall in the Braziian Real and a weak Brazilian economy have impacted the valuation of their Brazilian assets (the bulk […]
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05 Aug 2014 1 min read
TREE: Cambium Global Timberland Final Results
Cambium Global Timberland Final Results have been released. These cover the year that ended on 30 April 2014. Over this time Cambium’s net asset value fell to 40p from 59p. Almost 40% of this relates to currency movements but the bulk relates to changes in the value of their investments. $17.6m was raised from the […]
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14 May 2014 1 min read
Cambium Global Timberland : TREE – sells property
Cambium Global Timberland has sold its 8,065 acre property in Stewart County, Georgia (US) for $9.1m. They sold another property in Clinch County, Georgia a few weeks ago for $8.6m and they are going to use the proceeds from these sales to repay debt of $6.2m and look at returning surplus cash to shareholders.
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31 Jan 2014 2 min read
Cambium Global Timberland : TREE – half year figures
Between 30 April 2013 and 31 October 2013 Cambium Global Timberland’s net asset value per share fell from 59p to 48p. As previously announced (in October 2013) Cambium wrote down the value of its Tarrangower property in Australia and its properties in Hawaii. At the time they said they might have to make a provision […]
