Added to YB: 2025-05-16
Pitch date: 2025-05-14
MLP [bullish]
Maui Land & Pineapple Company, Inc.
+3.96%
current return
Author Info
No bio for this author
Company Info
Maui Land & Pineapple Company, Inc., together with its subsidiaries, engages in the planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate properties in the United States.
Market Cap
$292.0M
Pitch Price
$15.14
Price Target
47.00 (+211%)
Dividend
N/A
Sector
Real Estate Management and Development
Category
value
$MLP: Land-Rich, Debt-Free, and Ready to Unlock Value
MLP: Steve Case-owned land bank (22k acres, $13k/acre) being monetized by new mgmt. Key assets: 1) 83 acres oceanfront w/ entitlements worth $500-600M, 2) 927 acres Kapalua Mauka worth $927M+, 3) 11k ag acres ~$100k/acre. SOTP = $110/sh or $47/sh PV@10%. G&A covered by rental income, zero debt, limited downside.
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