No.
Revenue for first 9 months 9,318,049
Net income 5,411,573
=> profit margin = 58%
You should add $3.5M in revenue for Q4
=> Revenue = $13M
=> Net profit = $7.5M
I expect the growth rate to be limited, which means a P/E of 7 would be justified.
=> The HU plantation is worth 7 x 7.5 = $52.5M
We own 75% or $39.4M
If you sell all of it then you have to pay income taxes
=> net income = .7 x 39.4 = $27.6M
Why would you spin it off one year from now? The company needs the money now, 6 months ago, 12 months ago. Not 6 or 12 months into the future.