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  • FIRST POST
    • jammyjoe
    • By jammyjoe 27th Jun 17, 6:13 PM
    • 6Posts
    • 2Thanks
    jammyjoe
    GWD Forestry Investment
    • #1
    • 27th Jun 17, 6:13 PM
    GWD Forestry Investment 27th Jun 17 at 6:13 PM
    Iím invested with a company called GWD forestry since Aug 2015. I have Christmas trees and Annatto Seed changed from a Coconut investment in brazil gone south. The reason why Iíve generated this thread is because Iím due a payment from GWD owed to me for a coconut payment due for 2016. I have since discovered that others are due the same payments for 2015. A group Iím with, have been in discussions with GWD since Feb this year and as such GWD have stopped discussions with my group and I feel I need to go a different direction.
    Would be interested with others to discuss their experience with this topic.
Page 5
    • fwor
    • By fwor 18th Aug 17, 11:28 AM
    • 5,989 Posts
    • 4,045 Thanks
    fwor
    you will be able to see which sites are which on the valuations I will share tomorrow
    Originally posted by JohnB1974
    So... over two weeks have passed since JohnB1974 promised to share some valuations from GWD "tomorrow", and nothing has been forthcoming.

    One of the features of this forum is that you can see when a user last logged on, and I've been keeping and eye on this thread - so I know that JohnB1974 has logged on almost every day during the last two weeks (currently it shows his last access as yesterday at 10:23), but has posted nothing.

    Perhaps he is still struggling with the problem of how to post current company valuations while still maintaining that he does not represent the company? Or perhaps the company doesn't have any credible independent evidence to support its own valuations...
    Last edited by fwor; 18-08-2017 at 11:31 AM.
    • Malthusian
    • By Malthusian 18th Aug 17, 3:32 PM
    • 3,918 Posts
    • 6,118 Thanks
    Malthusian
    We have also had two further people say they have not received payments due to them from their investments, yet we have heard no-one saying they have successfully sold their investments in line with the independent third party valuations, as JohnB1974 claimed they can.
    • vrama88
    • By vrama88 19th Aug 17, 6:37 PM
    • 1 Posts
    • 0 Thanks
    vrama88
    GWD Investment
    Hello,

    i have invested in GWD from 2010- 2012. Mostly Eucalyptus in Brazil. so far did not receive any returns.

    would like to know other investors experience.
    especially if anyone received any kind of payment from GWD.

    rama88krishnan@gmail.com
    • jennyjj
    • By jennyjj 19th Aug 17, 7:16 PM
    • 258 Posts
    • 375 Thanks
    jennyjj
    All this thread needs is a new poster telling everyone how many £thousands they have made in this scam investment and just how damn great it is.....
    Originally posted by Gadfium
    Speak of the devil and he shall appear?
    I thought it was worth my comments as an old employee of the company seeing the comments posted on here by other users. I (think) I can say with some certainty that GWD from what I have seen has never been run as any type of fraud. They have been around for 10 years or so now and have a number of verified forestry projects. Most of those forestry projects have independent valuations attached by verifiable third parties, and the company and its forestry projects are also reported on by a recognised European institution in relation to verified growth rates of its projects so if it were a fraud I doubt it would ever go this far.

    GWD are not regulated which is an issue for the company and only causes people to assume the worst, however It is certainly not the only forestry company to be unregulated. The company did start the process of setting up a regulated ďpooledĒ forestry fund some time ago in order to provide a bit more clarity. The only reason it did not launch is due to changes within Cyprus regarding tax rates and changes in Brazils stance towards Danish holding companies.

    Having said this Iím pretty sure the company is facing some pretty big challenges with its projects in Brazil at the moment. There is no denying Brazil is in the worst recession it has seen in decades, and its suffering from a lot of political and social unrest which has been widely publicised. The majority of the companies projects would also be effected by the ongoing drought in Brazil as well which is apparently the worst drought the country has seen in over 80 years. As most of their projects in Brazil were focussed on producing timber for the domestic market I think this will hit the companies Brazilian projects pretty hard, whilst the fall in the value of the Brazilian real against the euro and increasing inflation rates will drive the costs of harvesting and transporting the timber up. From what I understand GWD is looking at alternative markets outside of Brazil which goes way beyond their contractual obligations to clients. I believe if it there was any intention of not harvesting the timber and paying back clients then they would be taking the easy route right now and not looking at alternative markets in order to achieve the best rates for their timber projects. One thing is for sure and that is they are not allocating enough funds in order to be able to report on a more regular basis to their clients.

    Anyway thats my take on the company for what its worth.
    Originally posted by JohnB1974
    • mrjambon
    • By mrjambon 21st Aug 17, 1:07 PM
    • 1 Posts
    • 0 Thanks
    mrjambon
    GWD Forestry - same issues
    Same issues with GWD.
    Either extremely badly run business or out and out scam.
    Badly run business and low returns I can accept, but the lack of information and transparency makes me think that it is a scam. I have had so many excuses it would be funny if there wasn't my retirement savings involved...
    Would be very happy to coordinate with other investors to see if there is anything that can be done.
    They do seem to have some land titles but they don't appear to be registered to the companies that issue the contracts. They sell the rights to the harvest from a particular plot of land but not the land itself. I suspect that they have sold more 'rights' than they have land.
    There is a GWD Forestry Ltd registered in Ireland and the companies house records show the company is basically dormant and has no assets. Similarly there is a GWD Forestry in Canada that may own some land (which may or may not be free from encumbrances) . Guess where the contracts are issued from!
    The director of the Irish company is Gordon Bernard Sampson who is a also a signature to some contracts. According to Irish companies house records he is resident in Cheshire in the UK (full address available).
    I am wondering whether he can be reported to the Irish authorities (Garda financial crime unit) or, due to his stated residence in the UK, the Financial Conduct Authority.
    I would welcome hearing from anyone interested in exploring the possibility of pursuing some form of action or at least forcing a more transparent disclosure from the company.
    • AMUZ
    • By AMUZ 1st Sep 17, 3:56 PM
    • 3 Posts
    • 2 Thanks
    AMUZ
    Hi all
    just and update
    I got a "harvest 2016 report" from GWD regarding the christmas trees project. On it there is a very detailed description of the 2016 Harvest ( even some summary of the 2014 and 2015 harvesting season) and how many trees they sold ( different sizes , numbers and prices)

    As I told before I can say with facts that those farms exist and they are growing christmas trees there. Unfortunately they appear to be very amateurish company and with a terrible communication team. Maybe yes they are a scam, but if there is a scam, also there are trees growing and they are selling them the way they can

    In my case , given this was my "first harvest" ( year 3 of my invest), only small tabletop trees were expected to be harvested and sold ( and a payment for them was expected). They already told me that they WILL NOT receive enough orders for small tabletop trees and then only very few clients received a payment . In my case, no trees were harvested.....so no payments....

    Thats all information I can give. anyone had similar response?
    • GWDInvestor
    • By GWDInvestor 4th Sep 17, 10:16 AM
    • 1 Posts
    • 1 Thanks
    GWDInvestor
    Xmas Tree "Investment"
    I can say for sure that their communications have been amateurish. I can't say for sure whether it's a scam. I was due my 1st return (table top Christmas trees) in March of this year and have been chasing regularly. Information is not very forthcoming to say the least. I was told (back in August, I think; maybe July) that the reason for the late payment was due to some of their customers being late with paying them. This, I get. That's part of business. What is inexcusable is me needing to constantly call them (because the account manager is OOO for various reasons) to get an update when their newsletters make it sound like things are going great. I was told I would get an official update towards the end of August as my account manager had to wait for management to finalize / ok it. Still nothing...

    I'm still hopeful that it's just poorly run / facing challenges but I'm becoming less and less convinced as time passes without communication. I was also told that in preceding years, investors have been paid on time and this year was an unfortunate start. This seems to not be the case at all. Haven't read each and every comment in this forum yet but I have seen one investor say they have been paid (albeit late). Has anyone else invested in the Christmas Tree project and been paid?
    • Moneysworth
    • By Moneysworth 20th Sep 17, 2:24 PM
    • 2 Posts
    • 0 Thanks
    Moneysworth
    Nil Return from GWD
    Hi all.

    Similar story for me too unfortunately. Have invested in Xmas trees but as yet nil return for me. Account mangers gone to ground, not replying to emails or calls.

    Concerned
    • AnotherJoe
    • By AnotherJoe 20th Sep 17, 6:51 PM
    • 9,039 Posts
    • 9,935 Thanks
    AnotherJoe
    Hi all.

    Similar story for me too unfortunately. Have invested in Xmas trees but as yet nil return for me. Account mangers gone to ground, not replying to emails or calls.

    Concerned
    Originally posted by Moneysworth
    Can't help, but love the appropriate typo.
    • AndyT678
    • By AndyT678 21st Sep 17, 10:49 AM
    • 736 Posts
    • 1,005 Thanks
    AndyT678
    Can't help, but love the appropriate typo.
    Originally posted by AnotherJoe
    LOL. Obvious that the mangers would be away when you think about it.
    • irishdarling
    • By irishdarling 1st Nov 17, 9:46 AM
    • 1 Posts
    • 0 Thanks
    irishdarling
    i am trying to contact the owner of Gwd forestry gordon Sampson does any one have his address
    • AMUZ
    • By AMUZ 5th Nov 17, 6:27 PM
    • 3 Posts
    • 2 Thanks
    AMUZ
    2017 Harvest season Christmas trees
    HI all
    Last communication from my account manager told me that they will begin 2017 harvest season early november, after getting orders from its clients.

    I already ask my account manager how was the order book fr harvest season and If they receipt small tabletop tree orders...

    Anyone with more information?
    • PierPAC
    • By PierPAC 12th Dec 17, 4:04 PM
    • 3 Posts
    • 0 Thanks
    PierPAC
    do want to join for a lawsuit against gwd?
    i trying to get as many investors i can like us without any payment since long time
    • PierPAC
    • By PierPAC 12th Dec 17, 4:06 PM
    • 3 Posts
    • 0 Thanks
    PierPAC
    do want to join for a lawsuit against gwd?
    i trying to get as many investors i can like us without any payment since long time
    reply to my mail cpa69pac@yahoo.it
    • Investordisapointed
    • By Investordisapointed 23rd Feb 18, 3:45 AM
    • 1 Posts
    • 0 Thanks
    Investordisapointed
    Yes I would!!
    I invested 55.000 usd in 2012 with Acacia Project and did not receive one penny from them, nor information when the harvest would take place
    • alesmith
    • By alesmith 11th Apr 18, 8:56 AM
    • 1 Posts
    • 0 Thanks
    alesmith
    New offer to veneer eucalyptus and acacia harvests
    Has anyone else received this offer recently?

    The claim is that for the acacia and eucalyptus which is ready for harvest this year, there will be a substantially greater return by first veneering it (plane sawing to very thin sheets), rather than selling as timber. This, of course, comes at a substantial cost to perform veneering. And, a substantially higher projected return if it is performed. I of course replied that any costs for veneering will need to be taken from the moneys (over)due me, rather than as any additional funding. Or in lieu of veneering, they can just send me the harvest proceeds as planned.

    I do happen to believe that Greenwood is not an intended scam, but rather a legitimate forestry company that has been slammed by some combination of bad management, Brazil financial and climate turmoil, overly-optimistic projections, and other factors. But this is not a positive twist.
    • firestone
    • By firestone 11th Apr 18, 11:19 AM
    • 190 Posts
    • 81 Thanks
    firestone
    if people want to invest in forestry why not use ishares timber & forestry ETF or a similar fund? surely in this case it would be better to have a manager who understands the field (no pun intended)
    • Malthusian
    • By Malthusian 11th Apr 18, 2:11 PM
    • 3,918 Posts
    • 6,118 Thanks
    Malthusian
    if people want to invest in forestry why not use ishares timber & forestry ETF or a similar fund? surely in this case it would be better to have a manager who understands the field (no pun intended)
    Originally posted by firestone
    There is a big difference between investing in forestry, as in land with trees growing on, and investing in logging companies. It's like the difference between investing in gold and investing in gold miners.

    Investing directly in forestry in the UK is eligible for Inheritance Tax relief, whereas investing in that ETF wouldn't be.

    Of course IHT planning is more or less irrelevant here. The investors in this fund weren't interested in forestry, they were interested in the promised 15% per annum.
    • firestone
    • By firestone 11th Apr 18, 4:07 PM
    • 190 Posts
    • 81 Thanks
    firestone
    There is a big difference between investing in forestry, as in land with trees growing on, and investing in logging companies. It's like the difference between investing in gold and investing in gold miners.

    Investing directly in forestry in the UK is eligible for Inheritance Tax relief, whereas investing in that ETF wouldn't be.

    Of course IHT planning is more or less irrelevant here. The investors in this fund weren't interested in forestry, they were interested in the promised 15% per annum.
    Originally posted by Malthusian
    Fair point - i was not aware of the tax relief on UK forestry.Like you said the return on more exotic crops may have been the reason for investing and hopefully it works out for the people invested.To be fair the ETF does have a bit more of a mix then just logging companies but know what you mean
    • Moneysworth
    • By Moneysworth 13th Apr 18, 4:05 PM
    • 2 Posts
    • 0 Thanks
    Moneysworth
    Has anyone else received this offer recently?

    The claim is that for the acacia and eucalyptus which is ready for harvest this year, there will be a substantially greater return by first veneering it (plane sawing to very thin sheets), rather than selling as timber. This, of course, comes at a substantial cost to perform veneering. And, a substantially higher projected return if it is performed. I of course replied that any costs for veneering will need to be taken from the moneys (over)due me, rather than as any additional funding. Or in lieu of veneering, they can just send me the harvest proceeds as planned.

    I do happen to believe that Greenwood is not an intended scam, but rather a legitimate forestry company that has been slammed by some combination of bad management, Brazil financial and climate turmoil, overly-optimistic projections, and other factors. But this is not a positive twist.
    Originally posted by alesmith
    Hi alesmith,

    Had a similar return to this but basically ignored it. Why throw good money after bad. I do share your opinion that the company is legitimate enough with the projects all maturing away in Brazil etc. Whether or not they can deliver on any of their promises though remains to be seen. Did you recieve some recent updates too about better management and more accountability.......?
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