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ML Macadamia Orchards LP Message Board

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  • djchappe10 djchappe10 Sep 19, 2007 4:40 AM Flag

    Back in 1991 I bought

    2221 fee simple ownership and the other leasehold

    This kills my analysis, but would put value at around 6/share. the leaseholds have value too, but I don't know how much. How do they put leasehold on the books? Is it depreciated because use is lost?


    in 2000 they can lease 1 acre for $6/month, but what was there a down payment for the lease?

 
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