18.2

St. Joe's share price, which has been halved since 2005, could rise 25% over the next 12 months, as the Florida real-estate market moves toward an eventual recovery.

Question: The stock's now around 40, down from the mid-80s in 2005.

Answer: Under the right management, this is a very, very valuable company, but it is tough to see because of the long-term nature of the product and the lack of understanding that people outside the panhandle have of the panhandle. But we are talking about what everybody wants: oceans, rivers, lakes, sand and a nice climate.

undervalued land assets

owns 3% of florida, I love florida going forward late this year

Good long term prospect

moneymaker

real estate

land company in Florida owns lots of land booked far below value, crushed lately with real estate but still has phenomenal value. Hugely owned by Marty Whitman, among others.

BUY

FL real estate play. Still overvalued.

sucks now, but I can't wait for this one to turn around though.

my name

This one is really a joke. Selling land to homebuilders, who are trying to unload land, they already own.

High PE with management that sets a priority on looking after themselves

Real estate company whose sales have dropped drastically

Housing bubble crushed it, not coming back anytime soon.

Real Estate down