Maui Land & Pineapple Co. – $MLP – Confident Investor Rating: Poor

Company name Maui Land & Pineapple Co.
Stock ticker MLP
Live stock price [stckqut]MLP[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: https://www.google.com/finance?q=NYSE%3AMLP&sq=mlp&sp=4&ei=pjT6UpCGGISmqgH_fg

Maui Land & Pineapple Company, Inc. develops, sells, and manages residential, resort, commercial and industrial real estate. The Company owns approximately 23,300 acres of land on Maui. The Company operates in four segments: Real Estate, Leasing, Utilities and Resort Amenities. The Company's real estate operations consist of land planning and entitlement, development and sales. Its leasing activities include commercial, industrial and agricultural land and facilities leases, licensing of the Company's trademarks and trade names, and stewardship and conservation efforts. It operates two publicly regulated utility companies, which provide potable and non-potable waters and sewage transmission services to the Kapalua Resort. Within the Kapalua Resort, it manages a full-service spa, a beach club, and a private clubs membership program. In January 2012, the Company sold 89 acres comprising a portion of its former agricultural land in Upcountry Maui.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Maui Land & Pineapple Co. It is not possible to confidently invest in a company that is not currently profitable.

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