Maui Land & Pineapple: Rate Cuts Should Help Real Estate Plays
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Valkyrie Trading SocietyInvesting Group LeaderFollow5ShareSavePlay(5min)CommentsSummaryOccupancy rates are improving for the Maui Land & Pineapple Company and there is growth in the leasing income.Land and real estate sales are still including low-margin relief housing, and the main strategic sales haven't kicked in from the resort land improvements.The rate path down could help them with their current debt rates, and could unlock better funding conditions and help buoy asset values in the open market. Jordan Siemens/DigitalVision via Getty Images Maui Land & Pineapple Company, Inc. (MLP) is logging a decent set of results. Commercial occupancy is improving, and they continue to deliver residential homes. Focusing for a moment on the macro angle, we're noting that theThis article was written byValkyrie Trading Society5.41K FollowersFollowThe Valkyrie Trading Society is a team of analysts sharing high conviction and obscure developed market ideas that are downside limited and likely to generate non-correlated and outsized returns in the context of the current economic environment and forces. They are long-only investors.They lead the investing group The Value Lab where they offer members a portfolio with real time updates, chat to answer questions 24/7, regular global market news reports, feedback on member stock ideas, new trades monthly, quarterly earnings write-ups, and daily macro opinions.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.