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Non-Tech
Florida East Coast Industries(FLA)
An SI Board Since May 1998
Posts SubjectMarks Bans Symbol
71 3 0 FLA
Emcee:  Ann Corrigan Type:  Unmoderated
FLA is a "hybrid" company. It owns large tracts of land in Florida and also the Florida East Coast Railway(Jacksonville to Miami line).In the 2/16/98 issue of Barrons, Mike Price stated that FLA is very undervalued. He estimates its value at $200. It closed yesterday at 119 1/8. Feel it's about time FLA has its own forum.

The companys pricipal operation relates to transportation of goods by rail & development, leasing, management & sale of real estate. If you search for the forum "Good Stocks for Portfolio Diversification," you'll find the statistics for eps, pe, etc. In mid-April, FLA released a good earnings report & announced a 4:l stock split(I stated mistakenly in another forum that it was a 5:1 split--sorry.)

Past few days the stock has been gaining steadily. I've searched for news but haven't found any. There has been talk of railroad mergers recently. Could this be the reason for the price run-up? Does anyone have any info on FLA?? Is St. Joe's Corp. in talks to acquire the 45% of FLA they don't own as yet?? Anyone have any answers?
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71It's been more than seven years since I purchased FLA and it has been a niceTheo Karantsalis-5/21/2007
70Florida East Coast Industries Announces Agreement for a Newly Created Holding CoJakeStraw-1/6/2006
69hi jake, thanks for the updates.Theo Karantsalis-11/25/2005
68Flagler Development Leases 88 Percent of New Building at Flagler Station and BegJakeStraw-6/17/2005
67Florida East raises dividend 20% By John Ittner NEW YORK (MarketWatch)-- FloriJakeStraw-6/2/2005
66-Deleted-JakeStraw-4/22/2005
65Florida East Coast Industries Reports Strong First Quarter 2005 Results biz.yahoJakeStraw-4/22/2005
64Flagler Development Company Acquires Land in Lakeland, Florida biz.yahoo.com WedJakeStraw-3/10/2005
63Flagler Development Company Acquires Class-A Office Building in Sunrise, FloridaJakeStraw-3/10/2005
62Florida East Coast Industries Completes New $150 Million Bank Credit Facility biJakeStraw-2/24/2005
61Florida East Coast Industries to Present at Deutsche Bank 15th Annual Global TraJakeStraw-2/11/2005
60Florida East Coast Industries Reports Record Fourth Quarter and Full Year 2004 RJakeStraw-2/10/2005
59Florida East Coast Industries Announces Flagler Acquires Class-A Office BuildingJakeStraw-2/7/2005
58Flagler Development Company Begins Construction of 150,000 Square Foot Facility JakeStraw-1/21/2005
57Flagler Development Company Renews Lease for Marriott Vacations Club InternationJakeStraw-1/13/2005
56Ann, I continue to hold certain stocks as long as the fundamentals allow. I haveJakeStraw-12/30/2004
55No Jake, I dumped FLA yrs ago. Recent Wall St shenanigans demonstrated the wisdAnn Corrigan-12/30/2004
54Nice looking 1-year chart finance.yahoo.comJakeStraw-12/29/2004
53Thanks Jake - looking forward to figuring out whether this is a buy, hold or selrrufff-12/29/2004
52FLA 2003 Annual Report - media.corporate-ir.net I don't see any mention of JakeStraw-12/29/2004
51rrufff, I'm afraid I can't help you with the JOE/FLA connection...JakeStraw-12/29/2004
50Hi Jake, I'd be interested in your views and/or if you could fill in the hisrrufff-12/29/2004
49rrufff, In the past year I've been doing a good amount of traveling to southJakeStraw-12/29/2004
48Been meaning to do some research on FLA and your post on this board woke me up. rrufff-12/29/2004
47Hi Ann, Are you still following FLA?JakeStraw-12/29/2004
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