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TravelCenters of America LLC Message Board

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  • sirius_yomama_2 sirius_yomama_2 Mar 19, 2012 9:45 AM Flag

    Why was Tom O'Brien paid an OBSCENE $2.6 million...

    Well said gran....despite it all the numbers say otherwise. This is not a complicated business...its tide very closely to the economy and that is improving and will get better going forward. The decision to buy the 8 location at cheap last year at the cost of diluation was not timely for shareholders at the time but did prove to be a great long term play...we now have 9 centers fully paid by that move alone...and will probably buy another hand full as the year comes to the end.

    The game plan here is very simple....more center = more fuel and non fuel sales = more net cash. If they would to turn over these additional centers to HPT and buy more with the proceeds then it would create the same objective. However, I would rather seem them buy more center on fire sale from the net income that the company continues to produce and keep these center without rent and rent increase. Ultimately that is the best model to have.

7.18+0.05(+0.70%)10:10 AMEDT