Added to YB: 2025-01-23
Pitch date: 2024-12-06
CKX [bullish]
CKX Lands, Inc.
-23.1%
current return
Author Info
No bio for this author
Company Info
CKX Lands, Inc. engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber.
Market Cap
$22.0M
Pitch Price
$12.57
Price Target
24.00 (+148%)
Dividend
N/A
EV/EBITDA
31.25
P/E
28.92
EV/Sales
10.57
Sector
Real Estate Management and Development
Category
special_situation
CKX Lands, Inc. - $CKX
CKX: Land co. w/ 13.6k acres in LA. Strategic alt process nearing end after 1.5yrs. Valued at $15.80 (base), $24 (bull). Mgmt owns 31.7%. Upside from potential DAC project. Risks: illiquidity, mgmt silence. Catalysts: sale conclusion, Project Cypress update. 1.5-2x skew vs no-deal $10.
Read full article (5 min)