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couldbebetter

04/27/19 9:57 AM

#630 RE: Aitkenresearch #629

Aitkenresearch, SAND has a very high PE ratio. I read a recent SA
article on it and I do not have a good "feel" for that industry.

Meanwhile, TPL could earn $35-$40 a share for 2019. The way I view
it TPL would be a bargain should the price fall to around $600.
Give my EPS estimates a PE of 30 and TPL could trade at around
$1050-$1200 this year.

Hopefully Mr. Oliver gets elected and then everyone can come
together and "make nice." Perhaps this fiasco was a good thing
in that it got management to disclose more information than what
had been in the past. What scares me is that TPL management
selected a nominee with zero experience and seemingly no interest
at all (speaking both literally and figuratively) in TPL and/or
the business that TPL is in. Who in their right mind would take
someone like that and say, "hey! how about you help us run a $7
billion dollar trust?!?!" That would be absurd!!! And that is
exactly what TPL management has done! As to why? That answer
is obvious...they want a suit in there that they can control!
Worse yet, they insult their largest shareholder in the process.
THAT IS NOT PROFESSIONAL, NOR IS THAT ETHICAL, AND IT CALLS INTO
QUESTION THEIR MOTIVES AND PRINCIPLES!