No. of Recommendations: 8
I was going to post an updated chart, but my dang ISP has blocked all ftp traffic, including the client I use to update my web site in Utah.
So I can't update my web sites, which is where I put my images...
Making some conservative guesses about what book value and estimated intrinsic value might be when the Q2 books come out,
my models suggest likely one year real returns in the range inflation plus around 4% to 5% starting from today's $350 per B.
Range from 1% to 8%, unusually wide.
This will of course climb if the as-yet-unknown 2023 business results are particularly good.
I admit to having indulged in a pinch of covered call action today. Gives me something to do.
Jim
