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Sawmill and Timber > Business and markets > For Sale (Moderator: Kirk Allen) > 1500 acres Timber for Sale in Malaysia
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Author Topic: 1500 acres Timber for Sale in Malaysia  (Read 594 times)
redteak09
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« on: April 30, 2009, 06:04:07 PM »
anyone interested or have some leads, please let me know. email me at agrofx@gmail.com

1acre = usd3500 including premium charge. buyer expected to make profit up to usd20 million from this timber. Grade 1 timber.

Thanks
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Frank Pender - AKA "Tail Gunner"
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« Reply #1 on: April 30, 2009, 09:28:25 PM »
I have a son over there, in that country, for the next couple of years.  Get me the directions and I might have him take an excursion and do a walkabout.
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Kirk Allen
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« Reply #2 on: May 04, 2009, 09:14:16 AM »
Forgive me if I am wrong, but if you knew of land that would profit 20 million dollars and you could buy it for $3500.00, would you tell ANYONE about that kind of deal? 

I would buy it, sell the timber, THEN smile all the way to the bank! Unfortunately this deals just doesn't smell right!

Buyer be ware!
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« Reply #3 on: May 04, 2009, 11:09:23 AM »
1500 acres X $3500 = $5.25 million!!!!!!!!!   Hmm, maybe I could take it out of petty cash.
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Stevem
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Kirk Allen
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« Reply #4 on: May 04, 2009, 12:09:51 PM »
Missed the per acre price.   Roll Eyes  Still, if its worth 20 million you would think a person would get the financing to buy it with no problem. 

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« Reply #5 on: May 05, 2009, 09:15:58 PM »
With half the mills in Oregon down or on a limited production schedule the big money is not buying.  I know of at two major mills that were buying overseas timber for plywood but doubt if they're doing that now with the depressed market.

The bargins are out there but risks takers with money are in short supply.
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Stevem
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