MLP sees Q1 revenues skyrocket 134% but posts a net loss due to pension costs and higher expenses. Leasing gains and agave plans signal growth ahead.
The land that MLP is currently in the process of developing could be worth up to 197.75% of the company's current share price of $23.53. MLP's share price could rise significantly if the company makes a turn around and begins to become profitable again. If in the future MLP is able to build on all of its land capable of having housing built on it MLP's share price could be worth up to $160.
Pineapple Energy Inc (NASDAQ: PEGY) is up a whopping 75% this morning even though there hasn't been an announcement or news that could have catalysed such a huge surge in its share price.