Articles On Kangaroo Island Plantation Timbers (ASX:KPT)

Title Source Codes Date
ASX Renewable Energy Stocks: FMG locks in major zero emission haul truck deal

FMG partners with Liebherr to supply green mining haul trucks, integrated with zero emission power The agreement advances the decarbonisation of Fortescue’s mobile fleet Anthony Albanese officially commits to more ambitious climate target...

Stockhead KPT 2 years ago
Closing Bell: ASX defies the odds to finish in positive territory

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Stockhead KPT 3 years ago
Closing Bell: ASX cruises to another record high ahead of US inflation data

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

Stockhead KPT 3 years ago
Closing Bell: ASX cruises to another record high ahead of US inflation data

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

Stockhead KPT 3 years ago
Kangaroo Island Plantation Timbers adopts new strategy focusing on conventional agricultural use

This decision follows the company being advised that its application to develop an export seaport facility on the island has been declined by the South Australian Government.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers takes board to full strength with two new directors

The appointment of the new non-executive directors James Davis and Mitch Taylor follows the resignation of Graham Holdaway in May 2020 and John Sergeant in May 2021.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers advises close of offer period for unsuccessful on-market takeover

At the close of the offer period on June 18, 2021, STAM had acceptances for 1,100,532 shares, equivalent to 1.95% of the shareholding of the company, taking its total holding to 28.18%.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers named Employer of the Year

SA Minister for Innovation and Skills David Pisoni mentioned the company’s commitment to employment diversity, worker support structures, safety systems and training regime.

Proactive Investors KPT 3 years ago
Last Orders: ASX closes nearly half a percent upwards with almost all sectors in the green

The ASX had a positive trading day finishing nearly 0.5 per cent up with almost all sectors in positive territory. The ASX 200 closed at 7,303 – 0.44 per cent higher than yesterday while the ASX Emerging Companies Index rose over 1 per cent...

Stockhead KPT 3 years ago
Kangaroo Island Plantation Timbers rejects second KI Phoenix offer

The company says the new offer is still considerably short of the appropriate value of its land assets on Kangaroo Island.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers MD demonstrates confidence in company with on-market purchase

This month KPT welcomed the Federal Budget announcement of $32 million of road funding for Kangaroo Island as the final piece of the puzzle to clear the way for approval of its proposed KI Seaport development.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers directors recommend shareholders to reject takeover offer

Last week, KPT welcomed the announcement in the Federal Budget of $32 million of road funding for Kangaroo Island as the final piece of the puzzle to clear the way for approval of its proposed KI Seaport development at Smith Bay.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers directors recommend shareholders reject takeover offer

Last week, KPT welcomed the announcement in the Federal Budget of $32 million of road funding for Kangaroo Island as the final piece of the puzzle to clear the way for approval of its proposed KI Seaport development at Smith Bay.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers director John Sergeant thanked for “tremendous contribution”

The resignation follows the takeover bid for the company announced by Samuel Terry Asset Management on Monday.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers recommends ‘take no action’ on takeover offer

The unconditional offer at $1.05 cash per share was received this morning from Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers gets a takeover bid 16 months post the bushfire devasation

Just over a year since being devastated by bushfires, Kangaroo Island Plantation Timbers (ASX:KPT) has got a takeover bid from Samuel Terry Asset Management. The timber grower saw over 90 per cent of its plantations on Kangaroo Island damag...

Stockhead KPT 3 years ago
Kangaroo Island Plantation (ASX:KPT) share price rockets 7% on takeover bid

The Kangaroo Island Plantation Timbers Ltd (ASX: KPT) share price is surging today after the company was subject to a complete takeover bid from an investment fund called Samuel Terry Asset Management. The Kangaroo Island Plantation share...

Motley Fool KPT 3 years ago
Kangaroo Island Plantation Timbers welcomes visit of log supply inquiry

Members of the Select Committee on Matters Relating to the Timber Industry in the Limestone Coast visited Kangaroo Island to hear about issues facing KPT and other growers in accessing markets on the mainland.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers in mill negotiations after timber expo in Mt Gambier

Buyers were particularly interested in the KPT wood that had positive 'resi testing' results, proving its suitability for construction grade lumber.

Proactive Investors KPT 3 years ago
400pc RISE: Are Aussie timber prices about to go through the roof?

In the US, timber prices are going nuts. The price of lumber has skyrocketed to $US1,048 per thousand board feet, up nearly 400% from a year ago – a result of reduced production during COVID-19’s early months, and a DIY and  housing boom sp...

Stockhead KPT 3 years ago
Last Orders: ASX closes for the Easter weekend over half a per cent higher

ASX stocks have closed for the Easter weekend on a high today in a result driven be tech and resources. The ASX 200 finished at 6,829 points, which was 0.56 per cent higher than yesterday. Small caps did even better with the ASX Emerging Co...

Stockhead KPT 3 years ago
ASX 200 remains in the green, Materials continues to inchup

Source:Taylor Lark, Shutterstock After a big tech rally on Wall Street yesterday and President Biden's announcement of a multi-trillion-dollar investment plan in infrastructure, today ASX is trading in the positive territory. After some in...

Kalkine Media KPT 3 years ago
Kangaroo Island Plantation Timbers board rejects $20 million offer for land as "substantially less than book value"

The offer made by KI Phoenix is substantially less than book value, which, based on independent expert advice, sits at $59.28 million.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers dispatches first trial load of softwood logs via Sealink ferry

The two most practical alternatives to Smith Bay for handling chip, log and pellets are the existing ramp facility at Kingscote wharf, and the SeaLink passenger ferry service from Penneshaw.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers begins public exhibition for traffic, biosecurity and engineering design at proposed seaport

The four-week public exhibition period has started prior to a final decision around development approval of the KI Seaport development.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers appoints Harvestco as chief harvester of 200,000 tonnes of pine

Harvestco is hiring for a range of roles related to harvesting and a jobs expo will be held at Kingscote Town Hall on January 24.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers key KI Seaport details to be exhibited publicly

Key information provided to the South Australian Government will be subject to public exhibition in January and February 2021, prior to a final decision on approval.

Proactive Investors KPT 3 years ago
Kangaroo Island Plantation Timbers takes key KI Seaport step with road and traffic process

The company has reached initial agreement with the SA Department for Infrastructure and Transport on a process for detailed planning and management of road use and traffic management.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers secures $5 million Forestry Development grant for biomass pellet plant

The grant will be used to develop a biomass pellet plant which will be capable of accepting fire-damaged logs and any other logs that cannot be sold into export markets.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers helps neighbours remove blue gum seedlings

Germination of blue gum seedlings is directly linked to the intensity of fire, so the combination of older trees and high-intensity wildfires on Kangaroo Island have led to germination of trees in some areas.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers begins limited test harvesting of fire-damaged plantations

Harvesting has started along power lines in consultation with SA Power Networks as part of the KPT group fire prevention strategy.

Proactive Investors KPT 4 years ago
Minbos looking strong on both corporate and operational levels

Minbos Resources (ASX:MNB) has been making steady progress in the second half of 2020 as it meets key milestones towards establishing a nutrient supply and distribution business that stimulates agricultural production and promotes food secu...

FinFeed KPT 4 years ago
Kangaroo Island Plantation Timbers receives further progress payment of $5 million from treecrop insurance policy

The company, hit by devastating bushfires in Australia last summer, has received a total of $54.6 million in progress payments on the insurance policy. 

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers takes another key step towards approval of KI Seaport project

The seaport would allow for export of timber and timber products from the company’s plantations.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers committed to new seaport at Smith Bay as it kicks off plans to harvest fire-damaged plantations

It believes there is sufficient residual value to justify the cost of harvest and transport, as well as building the seaport at Smith Bay.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers' harvest plans for fire-damaged plantations take shape

The company has decided to move forward with salvage harvesting, taking into consideration the need for timeliness to maximise recoverable volume.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers signs Early Contractor Involvement for proposed seaport

The agreement with Maritime Constructions Pty Ltd of Port Adelaide brings the company a step closer to developing the Kangaroo Island Seaport.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers has fair value of land and buildings increased by $11.8 million

The independent valuation of land and structures as of June 30, 2020, amounts to $59.3 million, an increase on the previous valuation in 2017.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers signals new KI forestry era by completing first replanting

A crop of blue gum and pine has been planted in a small 24-hectare compartment, the island’s first plantation planting in more than 10 years.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers convenes first meeting of koala stakeholders

Participants have agreed to work collaboratively for the best outcome for koala welfare on the island as KIPT prepares to harvest its estate.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers assesses use of dam to store fire damaged pine logs

The harvest of pine logs is more urgent than bluegum because pine does not regenerate after fire and the logs are deteriorating on the stump.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers receives further $19.6 million insurance progress payment

The company has now received $49.6 million in progress payments on the treecrop insurance policy which has a limit of claims of $65 million and additional benefits of $3.2 million for other items.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers has Response Document to EIS released by Minister for Planning

The Response Document addresses in detail every individual issue raised by government agencies and the community at Smith Bay in the first and second rounds of public consultation.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers welcomes legal judgement relating to Smith Bay easements

The Supreme Court of South Australia has clarified the rights of the company and its neighbour over two easements affecting a land parcel.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers finalises building insurance for $5.9 million

The company has received the final progress payment of $1 million to cover the replacement cost of fire-damaged houses and sheds.

Proactive Investors KPT 4 years ago
Trading Places: Regal has sunk another $3.2m into this small cap telco

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

Stockhead KPT 4 years ago
Kangaroo Island Plantation Timbers receives third progress insurance payment of $10 million

This payment takes the total received from the treecrop insurance policy, which has a $65 million limit, to $30 million.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers gets second $10 million insurance payout

The company remains committed to plantation forestry operations following summer bushfires with the proposed Kangaroo Island Seaport to play a key future role.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers committed to plantation forest industry with recovery underway

The company plans to bring the land back into full production as soon as possible after salvaging the damaged tree crop.

Proactive Investors KPT 4 years ago
Kangaroo Island Plantation Timbers' Keith Lamb updates on insurance payouts

Proactive Investors KPT 4 years ago