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  1. coondog

    30A Brew Tour on the GCG Trolley kicks off Jun 21. GET TIX!

    What about Idly Hounds?
  2. coondog

    Misc The St. Joe Company Reports First Quarter 2018 Results

    Created fairly significant revenue for them, and appeared profitable, although, according to some friends that used them, their rentals and service was poor, resulting in a fairly constant turnover of customers. Believe it sold for $9.5mm, part in cash, and part in a Promissory Note.
  3. coondog

    Misc The St. Joe Company Reports First Quarter 2018 Results

    Yet another operating loss. Very interesting analysis of St. Joe below. https://www.kerrisdalecap.com/wp-content/uploads/2018/04/The-St.-Joe-Company-JOE.pdf
  4. coondog

    This is hilarious!

    Would love to see a debate between Danny and Jones, but doubt she has the courage to do it.
  5. coondog

    Misc The St. Joe Company Reports Fourth Quarter and Full Year 2017 Results

    Hard to believe, but yet another quarterly operating loss. For the year, they reported an operating income of $2.3mm; however, $7mm of that came from the resorts/leisure business, and they just sold their rental business, so what replaces those earnings? 2017, Dow, S & P and Nasdaq were up...
  6. coondog

    SoWal's Scenic Highways

    How about focusing on the “scenic” term by getting Code Enforcement to remove all of the illegal signage up and down 30-A? They signage ordinance along the “scenic highway” is black and white, but is routinely ignored, mostly by real estate brokers. What is the point of having an ordinance if...
  7. coondog

    $600,000 Press Box At Taxpayer expense?

    Shouldn’t Danny be allowed to hang a sign here as well if Jones is allowed to hang one for political purposes?
  8. coondog

    Misc Grace Point

    Cannot comment on the interior and exterior photo's, but the boardwalk photo's are clearly of our WSB boardwalk system, and not the Beach Club, which only has one access point, and its not the one shown in the pictures. Not sure why they would use our boardwalks, which are private and lead into...
  9. coondog

    Misc Grace Point

    Cannot comment on the interior and exterior photo's, but the boardwalk photo's are clearly of our WSB
  10. coondog

    New Chair/Co Chair BCC

    What extraordinary arrogance and disrespect from an elected official. What goes around, comes around. Just a matter of time.
  11. coondog

    Misc The St. Joe Company Reports Third Quarter 2017 Results

    DIJA is up nearly 19% for the year, S & P is up nearly 18% for the year and NASDAQ is up nearly 25% for the year. DIJA has set 56 all time highs this year. JOE stock is down over 6% this year, and trades much closer to their 52 week low, than their 52 week high. What does this tell you...
  12. coondog

    Misc New 30A Home Construction Cost

    Good point on the "and beyond", as not matter how well a home is built, there will always be warranty or other issues down the road. You want a high quality, responsive builder that you communicate well with across the board. Unfortunately, like in all professions, you have some bad eggs.
  13. coondog

    Misc New 30A Home Construction Cost

    Be very careful in your builder selection. Due full due diligence on their history, including previous Company names they have built under, and investigate if they (or their predecessor Companies and/or principals) have been removed from approved builder lists in any communities in the area.
  14. coondog

    Misc The St. Joe Company Reports Second Quarter 2017 Results

    YTD net loss from operations. Bottom line solely dependent on investment income related to the return on cash invested from the liquidation of the majority of their timber holdings several years ago. They consistently have shown an the inability to operate profitably from their core operations...
  15. coondog

    After Changes In Land Development Code, What Will SoWal Look Like?

    Vote them out and in the meantime, boycott their handlers, starting with Lloyd Blue and Gary Shipman.
  16. coondog

    More Evidence Bcc Bought & Paid For - Action Needed!

    Since they couldn't get the Special Magistrate topic approved in time, this would appear to be a way to back door new development without any input and accomplish the same thing they were aiming for.
  17. coondog

    Repaving Scenic 30A from 83 to 395 Fall 2017

    Hard to believe that the original thread started in 2008, and nearly 10 years later, nothing has happened. Right hand turn lanes will just make the intersection more dangerous to pedestrians.
  18. coondog

    Realtor & Rental Billboards on Scenic 30A

    After a month of attempting to communicate with Code Enforcement regarding the Scenic Corridor Sign Ordinance, the best I have been able to accomplish is to get them to confirm that my reading of Chapter 13 of the Land Development Code as it pertains to the Scenic Corridor, is correct, which...
  19. coondog

    South Walton Restaurant Closed Due To Cockroaches

    Nothing, other than they put themselves out there as managers of 5 star resorts and get closed because of cockroaches and mold in the kitchen, neither of which I presume occurred over night and hence was likely known to management. Kitchen hygiene, especially in a 5 star resort shouldn't be a...
  20. coondog

    South Walton Restaurant Closed Due To Cockroaches

    Hotel/Restaurant managed by St Joe Club & Resorts.
  21. coondog

    South Walton Restaurant Closed Due To Cockroaches

    30A restaurant closed for cockroaches
  22. coondog

    Misc The St. Joe Company Reports First Quarter 2017 Results

    Massive drop in Revenues period over period, with a 4.9mm loss from operations, versus a .9mm loss a year ago, despite their continual squeeze on labor costs. The gang that can't shoot straight continues to miss the target.
  23. coondog

    Realtor & Rental Billboards on Scenic 30A

    Code Enforcement has apparently opened a case file on at least some of these signs. Unclear if it is necessary to lodge complaints on specific signs, or if the general issue is being investigated.
  24. coondog

    Suzanne Harris Wins Another Lawsuit

    Another lawsuit lost by Gary Shipman!
  25. coondog

    Realtor & Rental Billboards on Scenic 30A

    Chapter 13 of the Walton County Land Development Code, among other things, provides for exact specifications regarding signage along 30a. I am sure that all of the agents know exactly what they can, and cannot do, but are taking advantage of lack enforcement. I spoke with Code Enforcement on...
  26. coondog

    Realtor & Rental Billboards on Scenic 30A

    Beachy Beach and Hillary Farnum seem to have started this trend of massive signage to either exploit the local rules or see how far they can push things. They will continue to grow larger and multiply until someone shuts them down. I thought there was a sign ordinance that dictated the size...
  27. coondog

    Commercial On Dalton Drive Approved [lawsuit filed]

    Is anyone really surprised by the outcome here? The commissioners who voted for approval could care less what 30 A becomes while they are in control, and are more focused on expanding the tax base by whatever means necessary so they can suck more cash up to north of the bay to spend on their...
  28. coondog

    BCC Looking to Acquire Beach Front

    First, Dave is not, nor has he ever been on the Watersound Master Board of Directors, and I would know that, because I live there full time. Secondly, St. Joe owns the beach, not the Watersound HOA and we have absolutely no control of what transpires on the beach. Any questions about access to...
  29. coondog

    For Sale Watercolor Inn for sale

    Watercolor Inn apparently being offered for sale without being encumbered by the existing management. In addition, they are apparently marketing their Vacation Rental Business for sale, as well as the Management Agreement for The Pearl.
  30. coondog

    Misc The St. Joe Company Reports Fourth Quarter and Full Year 2015 Results

    Another net operating loss for the quarter, and for the year, continuing a string of net operating losses that seems to stretch back years. Their 10-K will be interesting reading, especially to see if they specifically disclose the lawsuit filed for alleged extortion by the owners of the Grace...
  31. coondog

    For Sale Watercolor Inn for sale

    Package will be out shortly. Was brought up at a hotel investment conference last week. Hotel has historically lost money, needs significant room and common area upgrades as it is worn and tired, and will likely be offered for sale encumbered with a management agreement from St. Joe, which...
  32. coondog

    For Sale Watercolor Inn for sale

    CBRE marketing hotel for sale.
  33. coondog

    Misc The St. Joe Company Reports Third Quarter 2015 Results

    Another quarterly operating loss, nearly twice as much as comparable 2014 period. They continue to be unable to be profitable on an operating level, and haven't been for many years now. Same old story, just a different quarter.
  34. coondog

    Wanted one Red Wine Festival ticket

    Please call 214 529 5810 if available
  35. coondog

    For Sale Seeing Red Wine Festival - 1 Ticket

    My wife will call you now.
  36. coondog

    For Sale Seeing Red Wine Festival - 1 Ticket

    Still available? How do I contact you?
  37. coondog

    St. Joe Company Reports First Quarter 2015 Results

    Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One...
  38. coondog

    St. Joe Company Reports First Quarter 2015 Results

    Yet another quarterly operating loss for JOE. Best I can recall, they have had one or two operating profits over the past six or seven years, and since last summer alone, they have lost nearly $1 billion of shareholder value. Highlights: • Their "resort" business lost $2.9mm for the quarter...
  39. coondog

    St. Joe

    Fourth quarter 2014 operating revenues down 53% from the prior year. They no longer do quarterly analyst calls, nor issue the usual press releases attempting to emphasize the positives in the quarterly results. Only potential positive is revenue growth in the resort management business where...
  40. coondog

    SEC Investigation of St. Joe

    The investigation concerns whether St. Joe and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On January 26, 2015,, the Company announced in a Securities and Exchange Commission ("SEC") filing that, "as previously...
  41. coondog

    St. Joe 2014 Stock Performance

    Stock is continuing to set 52 week lows throughout the New Year. Balance sheet essentially consists of cash and remaining land that they didn't bulk sell last year. A dividend does nothing than drive the stock value down as they continue to loss money on an operating basis, and cannot replace...
  42. coondog

    St. Joe 2014 Stock Performance

    JOE hit a new 52 week low today during the trading day. My understanding was that Brady was forced out in a power struggle with Bienvenue, as how often do you see CEO's retire "immediately". If you go back and review their business strategies over the past four to five years, you will note...
  43. coondog

    St. Joe 2014 Stock Performance

    JOE underperformed the market by 15% for the year with over a 4% loss for shareholders versus average market gains of over 11%. Fifth year in a row of underperformance relative to market averages, and fourth year of the past five where they have lost money for shareholders. Simply astonishing...
  44. coondog

    The St. Joe Company Reports Third Quarter 2014 Results

    And four yeas ago, they were all about developing the land around the new airport. Then it went to developing the Port of St. Joe. Their history speaks for itself. Earnings were sold bad, they didnt even announce and analyst call for the quarter. Stock is down 5% at the open, and the gang...
  45. coondog

    The St. Joe Company Reports Third Quarter 2014 Results

    JOE continues to be unable to generate positive cash flow on an operating basis, with 3rd quarter revenues declining by nearly 35% on a year over year basis. This remains consistent with a number of years of poor operating performances, with the only positive momentum generated by the continued...
  46. coondog

    Perfect Pig Adding a New Perfect Pig to Gulf Place

    Can't wait for the new location to open,
  47. coondog

    St. Joe to finance Sears?

    The St. Joe Company, an affiliate of the Fund and Fairholme, is in discussions with the company regarding the $400M secured short-term loan disclosed on the 8-K filed by the Issuer on September 15. The St. Joe Company may invest up to $100M in participations relating to the Short Term Loan.
  48. coondog

    Time to Short JOE Stock

    Joe down 7% at the open on Friday, and closed off 5.3%. Fairholme, the largest equity owner in Joe at over 20%, also has over 20% ownership in Sears, which has lost $1.5B ytd, and has 7 months of cash left. Fairholme is apparently considering a $400mm loan to Sears, with Joe potentially...
  49. coondog

    Time to Short JOE Stock

    JOE downgraded by Raymond James this morning.
  50. coondog

    Time to Short JOE Stock

    Park Brady out, effective immediately, as JOE CEO.
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