Tejon Ranch Company (NYSE:TRC)

This stock is likely to be underperformed in the following months based on the track record of minimal returns and/or occasional loss since the time I invested in Tejon Ranch Company (TRC). The main reasons that prompted me to invest in the company were because of TRC’s figures seemed solid, promising, and upward during my analysis and the fact that TRC has its own variation of products, services, etc. Yet, I still have not seen an upward trend from investing in Tejon Ranch Company after months of investment in the company! So, at this point in time, I will take action in minimizing my small loss or returns from Tejon Ranch Company!

By LifeStar

They may be one of the largest ranch / land development corporations that can trace their roots back to their Spanish land grants, but they have no clue where the future will take them with the uncertainty of land values and their ability to develop them in the future...

Tejon Ranch is the largest holder of land in the State of California.

I am LOVING REIT's right now!

I've been watching this one for a long time. I owned some previously, but got out before the big meltdown. I'm ready to get back in, but hoping for a small pullback to about 26. Real estate in this area always comes back. With the Sierra Club satisfied, development should be smooth.

This company will do well over the next decade as it sits on a treasure trove hundreds of thousands of acres of some of the most desirable land in the mountains north of Los Angeles. They plan on develpoing housing there, with clean air and beautiful mountain vistas everywhere! Once environmental hurdles are overcome, this stock should outperform very well.

I still remember the idiotic hubbub about this sleeper several years ago. Some financial columnist discovered that this stock sells below book. Destined to go up, no? NO. See, this stock ALWAYS sells for below book. True, it does have huge property holdings, that on book, are quite valuable. But this land has been quiescent for decades, and will probably continue to be so.
So why pick a stock that owns mostly desert? Hispanics are rapidly becoming affluent, and all the good property in LA basin is already gone, and rapidly so for San Diego as well. They are going to need somewhere to gamble, recreate, live. OK, this is kind of a long shot and requires mucho patience, but I am game. The friendliness of the current CA governor to Indian casinos also bode’s well (who is going to object to the largest casino in the world, if it is in the middle of a sand dune?).

Real estate play in the foothills just north of Los Angeles. This is the kind of property Chevy rents to film those pastoral scene car and truck ads, but close to a major freeway in California. Management has just reached a conservation agreement with the Sierra Club which will preserve a portion of the property in perpetuity and will facilitate gaining development approvals on the remainder of the property. The portion of the property which is developed into residential areas will gain a huge benefit by proximity to the conservation easement. In other words, everyone benefits.

But if you don't like the real estate play, TRC is also in agribusiness which seems to be a more acceptable sector for stock acquisition right now. TRC grows grapes for Gallo and other wine makers. Here's a toast to Tejon Ranch and the Sierra Club. Outperform.

This thing is going down. Maybe not today, maybe not tomorrow, but its going down. Their valuation needs a correction here.

Tejon Ranch is the largest contigous land holder in the state of california. There holdings are a mere 60 miles north of LA. With the ever expanding urban sprall it is due to have it's day. At current stock prices you are in essence buying land in California at 4000 dollars an acre. That doesn't include any of the revenue generated by the company.

Jubak's pick

Stick this in your portfolio and leave it there.

A new city north of Los Angeles, CA. If they can get through all the environmental and regulatory hurdles, this could be a big winner down the road.

I live near by and they are growing and using the land for many different ways, hunting, farming, nature preservation, houses and businesses this is a long term buy and hold. this is an all around company this many different uses of its land. Helps with it near its 52 week low!!

Owns some of the most desireable undeveloped real estate in SoCal. Wait for the housing glut to pass and this stock will go insane.

Gold or land - they have been steady performers when there is roughness in the road

land

Ownes land near LA.

I just like the value of the land, here. I am waiting for the housing market to quit killing this one, though.