Added to YB: 2025-02-11
Pitch date: 2025-02-10
MAKE [bullish]
A.D. Makepeace Company
Author Info
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Company Info
A.D. Makepeace Company grows cranberries in eastern Massachusetts. It also engages in real estate development operations.
A.D. Makepeace Company - OTC:MAKE
MAKE: World's largest cranberry grower, $3k/share, 0.3x BV. 3 segments: cranberries (Ocean Spray co-op member), RE dev (est. $75M value), custom soils (fast-growing). $9,163 BV/share likely understates NAV. Opaque financials, complex governance. PT $9k based on asset value. Illiquid OTC stock.
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