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Tootsie Roll Industries Inc. Message Board

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  • ugadawg_98 ugadawg_98 Jan 13, 2005 10:32 AM Flag

    Thoughts on Tootsie Roll

    Would someone care to reply to my prior post? Or was that just unsubstantiated pumping that I asked about?

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    • I can't get the info because it would be a conflict of interest, but if you would like to get it then please do so and share it with us. That would be more helpful than calling me names. If you go to the Ks you will find $53 million in land and building assets. Too low.

      Here are some steps that you can follow to get us the fair value.

      1. go to the 10k and find tootsie's corporate address.
      2. Contact brokers in that area to find how much per square feet assets go for in that area.
      3. Contact a local taxing authority in that area (chicago) find out how much property Tootsie has, or how much property tax they pay(then back into it). All public info. Or call IR and ask them. maybe they will give it to you.
      4. multiply price per square foot (your estimate) * amount of square feet Tootsie has
      5. follow steps 1-4 for other properties which might be harder to find. I think Tootsie owns some properties in New Jersey because they used to be HQ there a long time ago.

      • 1 Reply to themarkac
      • <<"I can't get the info because it would be a conflict of interest, but if you would like to get it then please do so and share it with us.">>

        Conflict? You were the one that posted and said they had RE on the books since the 20's
        (your post 2310). Now you're saying you can't tell us whether that's true or not?? Gee, thanks...

    • I have no idea. Probably neither does anybody else which is why you have no reply.

      Tootsie Roll cheap at these prices. Will kill off smaller competitors and make the recent deal worthwhile with a quicker payout.

      Buy more Tootsie Roll, Tootsie Pops, Junior Mints and Charleston Chews.

 
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