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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (21790)7/27/2005 3:10:05 PM
From: E_K_S  Read Replies (2) of 78517
 
Hi Paul - I have been considering companies that have "natural resource" assets specifically timber resources. Three come to mind RYN (RAYONIER INC REIT), GP (GEORGIA PAC CP) and WY (WEYERHAEUSER CO).

finance.yahoo.com

GP seems to be the best value play based on PE and P/B. GP has the largest debt but has the free flow cash flow to cover it. It pays a dividend but not as high as either of the other two.

I am not sure which of the three have the best timber assets and might be the most undervalued. Have you reviewed companies in this sector? Any favorites?

I plan to pick up a few shares of GP for both my taxable and IRA accounts. This will be a starter position and will allow me to study their annual report when it is mailed out.

EKS
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