Capital Trust, Inc. (CT)

badly depressed in good biz position without significant bad investments.

Where is the exposure to subprime? I understand stagnant growth due to a slowing economy, but CT rents out high-priced and prime commercial real estate...NOT the residential kind that the newly unemployed excess analysts in Wall Street cannot afford due to job cuts.

When the major financial institutions renting from CT begin to fail, then I will consider selling, until then I'm glad to continually add into my position and stand behind Sam Zell, one of the greatest real estate minds out there.

Eventually this stock will be found, join along for the ride back to fair value!

A short play. Ready for a turn around in a few weeks...

Sam Zell Chairman and CEO....

Come on .... He is a business genius and the god of commercial real estate. The stock is near it 52 week low BUY BUY BUY!!!!!!!! All the insiders are..... on top of that it has a $22 book value per share.

Low P/E, big dividend, revenue growth.

My target price is for this stock is 50.51

Historical dividend growth drove me here. They appear to have strong fundamentals and the market has treated them fairly taking into consideration their sector.

The earnings are rising, the price is falling. The p/e ratio is only 6-7 but this company has had earnings growth of over 20% the past 6 years. Even if this company is being affected by the sub prime mess, it doesn't show much because the earnings are still up. I bought this at 32 dollars. When it went down to 28 I bought more. If the earnings for the 4th quarter match estimates and the stock doesn't go anywhere, goes down, or goes slightly up, I'm going to buy even more. With this company's earnings growth, the beating it took last year was unjustified and this is going to bounce back.

There are also the hidden benefits of this stock, dividends. Dividends have been increasing every year for the past 4 years. Not including the special dividend (which was substantial, $1.90 vs the quarterly of 80 cents) paid last quarter, this stock has ~10% yield. Not too shabby.

Very smart management. Sam Zell bought 100k shares around $32. He knows real estate.

The stock has been trashed due to subprime fears which has little direct impact on CT operation. Strong support noted in recent heavy insider buying by top notch management team.

55

severe exposure to residential mortgages

Capital Trust has a good track record of producing EPS and maintaining its strong dividend. At $32 and the associated 10% yield CT is a very attractive value. With no real news available to explain its recent dramatic price decline (27% in 2 months) it appears to be a steal. I believe the current leveraging combined with the market's concern of the lending and debt envionment is causing some of the depressed share price. One analyst recently downgraded from buy to hold. The current conditions appear to be ripe for relatively quick return in price appreciation. Even with a slow appreciation (my 2 - 4 year estimate), you get to pile on the 10% yield which will most likley climb in a year or two once they get past the current leveraging.

On the AAII Neff Screen. You may have realized by now that I follow that screen closely.

value play low PEG target $100+

good fundamentals, $45 6 months goal

Good value here