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CALIF COASTAL COMM Message Board

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  • UHUH24 UHUH24 Aug 11, 2005 2:18 PM Flag

    Down the line

    It will be a happy day in 2006 when they report $6.50/shr in Q1, and $7 for the remainder of the year---$13 for 2006 and $12 in 2007 & 2008. I see dividends boys & girls. Big dividends. They also have 100 acres on the Huntington Mesa that will come on line in 2008 where they can build 600+ homes and the land is owned outright. This could add another $20/shr in earnings plus the ongoing homebuilding business. They have to pay dividends or buy another business as they will be floating in cash.

 
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