I'm amazed that this pig of a company is still around. Can't figure out what's keeping it hovering in the mid 7's.. seems worth more like mid 4's.
Sentiment: Strong Sell
Its called mathematics, fool.. $9 worth of property per share bk value.. then adjust for market value... sale/leaseback of properties at 6% and then share buyback with 11% free cash flow...
10 mill in FCF is a little different than 11%.
You might want to do some research on what their free cash flow actually is, as well as the valuations of their property. Your numbers are specious at best.