Blueprint for a Million-Dollar Nest Egg in 4 Years

Today, I'm recommending FRP Holdings Inc.

Microcap Fortunes >> July 05, 2022 Website: https://www.banyanhill.com Forgot your login information? Click here. Buy Alert: FRP Holdings Inc. Dear Microcap Fortunes Reader, I’m writing to let you know that we’re adding real estate holding company FRP Holdings Inc. (Nasdaq: FRPH) to the portfolio.  Mr. Market is offering us an outstanding bundle of assets for a bargain price.  With FRP, we are able to buy a business that has… Outstanding multifamily and development assets in Washington, D.C. Rock quarries — which FRP leases and receives royalties on. A CEO with a family of value creators who own 35% of the shares. And a stock price that’s trading at a steep discount to the net asset value. FRP has two segments: multifamily and development real estate and mining royalties from rock quarries.  Multifamily and Development  FRP owns trophy properties mainly in the Washington, D.C. area.  It owns 1,256 apartment units — about half of which are riverfront properties. FRP is also finishing construction on several projects in attractive markets near its D.C. properties, as well as in South Carolina. This will add another 571 units.  And for future development, FRP owns 500,000 square feet near its waterfront D.C. properties and another 5,000 acres of land.  In 2021, FRP’s real estate business generated $9 million in operating profit. Mining Royalties FRP also owns 13 rock quarries and leases them to companies like Vulcan Materials, Martin Marietta and Cemex.  FRP then receives a royalty per ton mined. And each year, it increases the rental minimums. Since FRP doesn’t mine the quarries itself, it has very few costs to manage this business and generates 80% profit margins.  In 2021, the company earned $9 million in profit from mining royalties.  Family Owned FRP’s management runs the company for the benefit of shareholders. The company is owner operated, with CEO John Baker and his family owning 35% of FRP. Baker has a strong record of value creation.  He has sold two aggregates companies: Florida Rock Industries for $4.2 billion and Bluegrass for $1.6 billion. FRP’s total return since spinning off in 1987 is nearly 4,900% — solidly outperforming the S&P 500 Index.  FRP has a fortress of a balance sheet with $165 million of cash … or about $17.50 per share. Our “back of the envelope” calculations tell us that the stock price is not factoring in the great assets and potential earnings power of FRP. Action to take: Buy FRP Holdings Inc. (Nasdaq: FRPH). Here are all the details you need to know to make this trade: Trade Recommendation Stock: FRP Holdings Inc. (Nasdaq: FRPH) Current Price: $62 PER SHARE Market Cap: $580 MILLION PLEASE NOTE: Depending on when you place your order, your price may be above or below the price in this alert. If everyone buys in at the same time, the stock price may rise significantly — which are NOT gains.  We can't guarantee that the price of this recommendation will come down to the price mentioned in this alert. It may continue climbing higher. So, I suggest building your desired position a little at a time to get an average price. Read This Before Investing in Any Microcap Stock In Microcap Fortunes, we only target the best of the best microcaps, Super Stocks — the ones with proven track records and real assets. We never want to speculate on companies with no real value. But many microcaps are new companies. Some have no proven track record, assets, operations or revenues. And some have products and services that are still in development or have yet to be tested in the market.  This means that even if we target the best of the best, the microcap space involves a lot of risk.  So, you should only invest what you can comfortably afford to lose. And never put more than 2% to 3% of your portfolio into any one position. In the meantime, if you have any questions or concerns, be sure to write my team an email at: MicrocapFortunes@BanyanHill.com. We’d love to hear from you! Regards, Charles Mizrahi Founder, Microcap Fortunes Follow Charles on Social Media     View The Portfolio Here View How To Get Started View Our Weekly Updates View Daily Articles Here Got a comment for me? Send it along! If you want to share some thoughts or suggestions about Microcap Fortunes or make some comments about the markets, my team and I would love to hear from you. Just send an email here. Don't worry, we won't reveal your identity in the event we decide to publish responses. So comment away! We love to hear when we're able to help you succeed as an investor. Plus, you'll help us in our efforts to continually improve this service. However, please do not send questions about your subscription or the service to this account. My team is unable to reply to those messages. If you have a question that needs a reply, please fill out the form and submit to our Member Services department here. Did you know that you can manage your subscription online? To update your username, password, check your renewal status, etc., simply log in here and make any necessary changes. Thanks! Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Banyan Hill Publishing permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2022 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096). The mailbox associated with this email address is not monitored, so please do not reply. However, feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://banyanhill.com/contact-us.