A Tribute to Timber
Read the full article at: http://online.barrons.com/article/SB119344626721373605.html?mod=9_0031_b_this_weeks_magazine_main
Submitted by George on Mon, 2007-10-29 21:32.
(via online.barrons.com)
"Weyerhaeuser's asset value may exceed more than $100 a share, some 50% above its current stock price of 68." This conclusion caught my attention. What do you think of the analysis?
Nice find. The author makes
Nice find. The author makes a compelling argument for the benefits of a REIT structure. If REIT conversion is a foregone conclusion then there is a significant MOS built in. Unfortunately, that is not guaranteed and therefore the catalyst in unknown. If WY really is significantly undervalued then it might be worth the wait. I seem to remember a tender offer earlier in the year. Have you done any due diligence since then?