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TravelCenters of America LLC Message Board

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  • granicus007 granicus007 Mar 18, 2012 1:22 PM Flag

    TA should earn at least $1.50 this year...

    yes...look at the EBITDAR TA is now throwing off, the increase in wholly-owned TA sites (free and clear of any mortgages), several (8?) prime highway greenfield sites zoned and ready for expansion, existing travel center sites that would be almost impossible to replace (at anywhere close to existing prices), the cash on the books, the large footprint TA now has coast-to-coast, the growing free cash flow, the high (huge) margins of TA's store sales (north of 55% for instance). With most stocks up significantly the last 3 years since the market bottom, TA is a screaming buy at these valuations. It is now TA's turn to rise and shine. 2011 was TA's first profitable year since TA went public, and management seems to be really focused on "doing better". At any rate, if TA were ever sold I would imagine the cheapest anyone could even come close to buying it would be a minimum of 2x current prices. Minimum I say. So let's sit on out A*s and let TA run now. Our patience is being rewarded handsomely and we are just getting started.

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    • I agree...its just matter of time that WS love comes our way. However, looking at hind site at the purchase and dilution it seems it is helping us greatly in the past Q. Although it broke the back of the stock at time, going forward these sites and the ones we currently buying will add tremendously to our bottom line. According to the CC we didn't even get the full benefit of all the sites last Q. So Q1 will be first time with full affect of the last acquisition. Also, the recent buy in GA will be fully affected in the Q2.

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