bar1080, TPL trades at around 30X what I believe will be this years EPS.
The balance sheet is pristine...zero debt, millions in cash, more
millions on the way. Management gets no stock options or stock related
compensation. If a stock split does occur (the trustees make that
decision) it would be "highlighted" better in IBD. This a low risk
solid return play. Perhaps a double, maybe a triple within 2-5 years.
Certainly this is not undervalued, but it is very good, safe value.
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