SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (10851)7/3/2000 6:24:41 PM
From: Paul Senior  Read Replies (1) | Respond to of 78498
 
Armin: re: "Do you have any idea of what an acre of timber should go for?" Well, 1776 comes to mind.

Let's see: They own or manage (I'll assume long term cap leases and that they might be equivalent to ownership) 7.1M acres. So value is $12.6 Billion at $1776/acre. They've got 415M sh. outstanding per Yahoo (not updated for for Champion acquisition though), which on a per sh. basis gives a value of $30.4/sh. Which makes the stock about fairly valued at today's closing of 30.96...

Paul,
LOL
Happy 4th of July