Rayoner，这开始变得有意思了。木材和原木像被砍倒的树一样下跌。我们在一段有趣的视频里讨论过这个，而说到这些公司，Weyerhaeuser的股价也在下跌，那里的股息很可能达到4%。
树木继续生长，所以这是值得思考的事情。此外，他们预期息税折旧摊销前利润（EBITDA）会进一步增长。如果他们做到了，他们有一些债务，嗯，这对房地产投资信托（REITs）来说是正常的。
该股下跌是因为木材和房价下跌，他们下调了第三季度的预期。不过，如果住房板块复苏，你将获得丰厚的股息和收益，如果那样的话，这只股票很容易翻倍。如果他们产生15亿的息税折旧摊销前利润，以及10亿的现金流，再加上树木的生长，那么这项业务就在增长。
这可能是一个低风险。回报还没到10%。我希望在这里看到这一点，但长期来看我们大概在6-7%。而且你拥有树木。我们可能需要把Weyerhaeuser分开来讲，但那会是另一次，和Rayonier一起，因为这两家公司略有不同。
Rayoner, this is starting to get interesting. The wood and timber are falling like felled trees. We discussed this in an interesting video, and when it comes to these companies, Wehirhauser's stock is also declining, and dividends there are likely to reach 4%.
The trees continue to grow, so this is something worth thinking about. Furthermore, they expect further growth in earnings before interest, taxes, depreciation and amortization (EBITDA).
If they achieve that, they have some debt, well, that's normal for Real Estate Investment Trusts (REITs). The stock is down because they lowered their third-quarter estimates due to falling lumber and housing prices.
However, if the housing sector recovers, you will receive large dividends and gains, and if that happens, this stock could easily double. If they generate 1.5 billion in earnings before interest, taxes, depreciation and amortization, and 1 billion in cash flow, plus the growth of trees, then the business is growing.
This may be a low risk. The return is not yet 10%. I would like to see that here, but we are probably at 6-7% in the long run. And you own trees. We may need to separate Weyerhaeuser, but that will be at another time with Rayonier because the two companies are slightly different.