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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (25768)1/19/2007 6:11:00 PM
From: a128  Read Replies (2) of 78523
 
Im hanging in there on FSP. Ive paid as high as $20.58 and as low as $16.51. (Not including dividend reinvestments)

I also wish for a dividend boost but their FFO doesnt really cover their entire dividend as it is. It seems they rely on property sales too.

Was hoping that broker that put a $24 target on it would cause more buying. Maybe they will come out with another buy.

Another REIT that I own, FUR, has also been down lately. Its a more speculative play with a lower dividend.

Finally, a longtime holding that went dark on me, HGPI.PK has is UP as they sold most of their properties a few months back and booked a nice gain.

I compute a $9.21 book value with the recent gains but its likely they have more undervalued stuff on the books.

Stocks $6.50-7.00 and trades by appointment only.

Also have a position in WMSI because they own real estate thats appreciated somewhere in the $15-19 million range above what its on the books for.
And the CEO just keeps buying.

The company has lost money for about 5-6 years straight though.
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