Last December I wrote about Calloway's Nursery, a tiny chain of nurseries operating in Texas. Calloway's was profitable, but also highly indebted. My post focused mainly on the company's earnings power, but some other bloggers chose to focus on the company's substantial real estate holdings, concluding they were worth far in excess of the company's enterprise value. Jeff Moore has posted a Google document with full details
A War of Words at Calloway's Nursery - CLWY
A War of Words at Calloway's Nursery - CLWY
A War of Words at Calloway's Nursery - CLWY
Last December I wrote about Calloway's Nursery, a tiny chain of nurseries operating in Texas. Calloway's was profitable, but also highly indebted. My post focused mainly on the company's earnings power, but some other bloggers chose to focus on the company's substantial real estate holdings, concluding they were worth far in excess of the company's enterprise value. Jeff Moore has posted a Google document with full details
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