Forestar Group Inc (NYSE:FOR)

shalumov (98.60) Submitted: 3/3/2013 11:19:33 PM : Start Price: $19.30 FOR Score: +11.80

I saw a nice article in this weeks Barrons by DAVID ENGLANDER on why this stock is undervalued:

http://online.barrons.com/article/SB50001424052748704356104578326213349162322.html?mod=BOL_twm_fs

Here are the key numbers of the company's assets:

Real Estate $910 million
Oil & Gas $286 million
Water $113 million
Miscellaneous Assets $30 million
Total Value of Assets $1.3 billion
Less Net Debt -$284 million
Net Asset Value $1.05 billion
Net Asset Value/Share $30.00
Recent Price $17.56
Sources: JMP Securities; Thomson Reuters; company reports .
With its well-positioned acreage, Forestar is benefiting from a rebound in builder demand for finished residential lots. Last year, it sold 1,365 developed lots, a 22% increase from 2011. Average profit margins on lots have risen 11%, which helped boost real-estate earnings to $54 million for the year, from a loss of $26 million in 2011. Management expects to sell 1,900 lots this year, a 39% increase.

benyboy (< 20) Submitted: 12/9/2012 6:33:56 PM : Start Price: $15.70 FOR Score: +32.17

NSCRX

Marlonito9 (< 20) Submitted: 11/4/2012 7:00:10 PM : Start Price: $16.02 FOR Score: -28.56

This group is strong enough in performance.

golfer121501 (< 20) Submitted: 2/17/2011 5:03:01 PM : Start Price: $20.16 FOR Score: -7.45

Spec Op pick

Timbofittz88 (47.57) Submitted: 3/16/2010 8:08:36 PM : Start Price: $19.12 FOR Score: -19.72

I am LOVING REIT's right now!