Even both TIM and GTP belong to the Agribusiness sector, there is a key difference between those companies. The most business activities of TIM relate to horticulture (forestry is the second priority), whereas GTP relate to forestry. Food is required in a good and bad time, while wood and its products depend on the economic environment. In a good time there is a high demand for wood but in a bad time there is slowing demand. That’s why I invested in TIM and not in GTP (TIM has a better chance of survival - my opinion) DYOR
About Timbercorp Since establishment in 1992, Timbercorp has raised more than $2 billion in funds for investment in agribusiness. The company’s portfolio of managed agribusiness assets (including established and committed plantings) consists of more than 98,000 hectares of eucalypt plantations, 6,530 hectares of olive groves, 11,909 hectares of almond orchards, 1,345 hectares of citrus orchards, 412 hectares of table grape vineyards, 816 hectares of mango orchards, 1,207 hectares of avocado orchards and 8.2 hectares of glasshouse tomatoes. With net assets of $595 million, Timbercorp generates a mix of strong recurrent revenue streams.
About Great Southern An investment manager specialising in the agribusiness sector, Great Southern has operations right across Australia including approximately 160,000 hectares of hardwood plantations. These plantations, are located in the Great Southern and south west regions of Western Australia, the Green Triangle region of south west Victoria and south east South Australia, the Northern Territory and several other key growing regions. With forestry its core focus, Great Southern has progressively expanded its product range over the past three years and is listed in the top five commodity managers of beef cattle, wine grapes, olives, almonds and poultry production. http://www.ruralaus.com.au/news.asp?NID=67
TIM Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
