At the Risk of Buying A Market Top: Into SPF @ $8.2482...
The company just acquired 675 acres of land, so if we just get 1200 houses out of this and sell for $250,000 it could add $300 million in sales to the top line...
If we get 2700 houses and sell for $150,000 this could add $405 million in sales to the top line...
One acre equals 43560 square feet, so we can get a lot more houses out of this.
Earnings announcement on 31 January 2013...
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