AbitibiBowater, Inc. (fka ABWTQ)

[KFC44]

emailjanum -- thank you for your excellent posts


All three basically tell it like it is.

wrt valuation -- take oil and natural gas reserves as an example -- Wall Street Values based on a discounting "cash flow" basis (10%, 15%, 20%).

I think during the last "lumber" cycle -- Wall Street's model for energy has been used for Timber -- which as your articles suggest cannot be.

I think we are going to find out a lot on June 2, 2010 during the Goldman Sachs Basic Materials Industry Conference.

Many Timber Companies will be saying plenty in order to generate New Investment. Your articles (below) just about say everything that needs to be said about where Timber Pricing is Going.

Why should we let Patterson, Harvey and the rest of the Boyz club gain a "stake" in the NEW COMPANY (based on Incentives), when everyone knows that the Market is going up.

Pure and Simple = Conflict of Interest.

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In light of the SSCCQ news -- I was not kidding about an "injunction". If you take a look at how the lawyers did it at SSCCQ -- ABWTQ could play out the same way.

Attached is the Continuous Lumber Chart -- it looks like Traders are close to seeing this thing turn --- which is why the Company is trying to discourage a Share Price Increase.

But we have the Daily Bond Information that says PAR -- and we have others too to use as LEVERAGE with the JUDGE.

http://stockcharts.com/h-sc/ui?s=$lumber&p=D&b=5&g=0&id=0


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Note also Goldman's Public Comments on a PULP SUPER CYCLE.

Everyone on Wall Street knows that the market has been rigged for certain commodities -- while oil, natural gas, gold, and agriculture commodities ran up.

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Repeat from my post earlier this week.

....
We’re talking about the hedge fund managers who attended this year’s Ira Sohn conference.

It’s a charity event in which top hedge fund managers reveal their best trading ideas.


What's noteworthy this year?

Value investor Jeremy Grantham says bonds are "grotesquely" overvalued and your best bets are timber and emerging markets and blue chips, reveals host Melissa Lee.

(Grantham is the Chairman of the Board of Grantham Mayo Van Otterloo, a Boston based asset management firm well known among institutional investors.)

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From yahoo's Indisder Information, dated Friday May 29, 2010

Does Steelhead NAVIGATOR MASTER, L.P. still own 5,194,652 shares -- and why were they left off of the SEC FILING From earlier list month about 5% holders. FAR EAST was listed.

Conflict of Interest in new 8-K (May 24, 2010 agreement and other Legal Rules broken?)

Does MAJOR DIRECT HOLDERS (FORMS 3 & 4)

Holder Shares Reported

STEELHEAD NAVIGATOR MASTER, L.P. 5,194,652 5-Dec-08
FAR EAST INVESTMENT & SERVICES LTD. 2,974,676 16-Apr-10
PATERSON DAVID J 228,710 30-Jan-09
EVANS RICHARD B 101,040 21-Nov-08

SEC Form 4 still showing as is. I hope our EC Legal Team is jumping all over this Failure for Disclosure -- CDS).

Again -- if you want something bad enough -- think INJUNCTION. IT will be the only true way -- ask for 20% of the new company based on TIMBER VALUATION.

CAP & TRADE -- BP oil spil is likely going to bring it on faster.

Many lives have been destroyed in the GOM -- imo no other way -- Gov't needs to move people to smaller vehicles with a 50 Cent a gallon CARBON TAX -- right now.