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Patriot Transportation Holding, Message Board

  • analyst112 analyst112 Dec 4, 2013 12:07 PM Flag

    3Q spinoff

    Operating profit in Transportation soaring and Patriot acq will add more. As spin off, Trans worth $160MM or $17/shr. That would leave us with the valuable real estate assets worth $37/shr. Even better, they will turn it into a REIT, and we will get a payout of $2/shr. Stock worth $54/shr.

36.120.00(0.00%)Dec 4 4:00 PMEST