Looking to add to this on any weakness. 5% div. yield while waiting. Non-citrus land has the better potential for valuation increase IMO. https://seekingalpha.com/article/4481644-alico-stock-discounted-nav-earnings-grow-dividend
Everything is getting consolidated here. I guess Florida finally got the “huang long bing” under control? Forgive my Pinyin lack of spelling. Looks like a interesting company, thanks!
WorldyInvestor a former Elite did a great presentation on a Florida REIT or land holdings. Campy or Kampy, forgot his name but his picks seemed good like PCG $5, his Florida pick $13 to $50, incredible move.
News did another story about the “green disease” and the viability long term. Farmers are selling land for homes, no real progress on treating it. Orange trees looked bad.
Can Orange Trees survive the winter? Winter season can be tough for Orange Trees and although many are cold-hardy, they still need protection from the freezing weather. It is essential to educate yourself on how cold temperature affects your Orange or Citrus trees. Orange Trees can withstand temperatures between 35 to 55 degrees Fahrenheit. Trees that are bearing fruit can endure the cold weather with temperatures below 27 degrees Fahrenheit but if the temperature gets lower than that it can damage the fruit. +++++++++++++ Detailed forecast for DeSoto County Tonight Mostly clear. Lows in the lower 30s. North winds around 5 mph becoming east after midnight. Monday Sunny. Highs in the lower 60s. Southeast winds 5 to 10 mph. Monday Night Mostly clear. Lows in the lower 40s. Southeast winds 5 to 10 mph. Tuesday Mostly sunny in the morning, then partly sunny with a 20 percent chance of rain in the afternoon. Highs in the mid 60s. Southeast winds 10 to 15 mph. Tuesday Night A chance of rain in the evening, then rain likely after midnight. Cloudy. Lows in the lower 50s. Southeast winds 10 to 15 mph. Chance of rain 70 percent. Wednesday Rain in the morning, then rain likely in the afternoon. Highs in the upper 50s. Chance of rain 80 percent. Wednesday Night Colder. A chance of rain in the evening, then rain after midnight. Cloudy. Lows in the mid 30s. Chance of rain 90 percent. Thursday Much colder. Rain and a slight chance of freezing rain in the morning, then freezing rain likely in the afternoon. Highs in the mid 30s. Chance of precipitation 80 percent. Thursday Night Mostly cloudy. Lows in the lower 20s. Friday Partly sunny. Highs in the lower 30s. Friday Night Partly cloudy in the evening...then becoming mostly clear. Lows 15 to 20. Saturday Sunny. Highs in the upper 30s. Saturday Night Mostly clear. Lows in the mid 20s. Sunday Mostly sunny. Highs in the mid 40s.
Van has a uncanny commodity and weather knack! We should ask him before buying! 2020 he called corn, soy and the coffee inflation long before the events.