It is hard to believe that a professional trader would post his trading techniques on a stock message board. You seem compelled to help everybody that is not interested in what you have to say about yourself or this stock. Arrogant and pathetic are more closely defining your existence on this or any other message board. Have a good weekend.
BX earnings are rising rapidly. Now from the sale of NYT tower, it will register $300 Million profit, I think, BX will earn over $1 per share this quarter, possibly $1.20 per share. I am buyer here, I don't think, we will see $40 any more, most likely we will be at $50 in the next 3 months.
As for the stocks, analyst Michael Cyprys argues that Blackstone “should trade at a wide premium to Alternatives given its better mix of product to drive higher and sustainable cash earnings and it should narrow the gap with traditional managers as it demonstrates the resiliency of its performance fee earnings.
BX profilt is accerating at a rate far beyond it's stock price. Great acquisitions, sales of assets, growth of key assets (ie. Hiton / NXPI), and the power to create and manage markets. Add in their amazing dividend. For traders - thanks for giving this up - More money in the BX bank. BX continues to be a very large and growing agricultural company - they plant money and harvest it. Now they can barely get it in the ground before the next gusher.
Blackstone Said to Seek $1.5 Billion for Boston Buildings
by Hui-Yong Yu
June 3, 2015 — 9:16 AM PDT
Share on FacebookShare on Twitter
Share on Facebook
Share on Twitter
Blackstone Group LP is seeking about $1.5 billion for two Boston office buildings acquired in the 2007 buyout of Equity Office Properties Trust, said two people with knowledge of the marketing.
The buildings, at 500 Boylston St. and 222 Berkeley St., occupy the same block and share a garage. The Boylston tower has 758,320 square feet (70,448 square meters), and the other property has 553,321 square feet, according to Equity Office’s website. The marketing began this week, said the people, who asked not to be identified because the effort is private.
Christine Anderson, a Blackstone spokeswoman, declined to comment on the plans, which were reported late Tuesday by newsletter Real Estate Alert.
Blackstone has said it’s likely to seek buyers by the end of the year for the roughly 10 million square feet of buildings it still holds from the Equity Office purchase. The company has been selling assets amid a recovery in office occupancies and demand for prime real estate in coastal markets. Before being taken over, Equity Office owned stakes in 543 buildings with 103.1 million square feet.
In April, Blackstone sold 26 Northern California properties with 8.2 million square feet along with two development parcels to Hudson Pacific Properties Inc. The price was $1.75 billion in cash and about 63.5 million Hudson Pacific shares currently valued at more than $1.9 billion.
Sentiment: Strong Buy
Blackstone has raised an eye-popping $50 billion this year alone -- and it's not done. Calling it a "fundraising machine," Morgan Stanley thinks the massive private-equity firm could raise another $80 billion over the next 18 months.
That means Steve Schwarzmann's Blackstone has lots of cash to play with -- and to earn hefty fees on. All of that is good news for people who own Blackstone's shares.
In the last 6 months the stock moved from 34 to 44 and a 50% pullback on a big move for any stock is not abnormal. The market was making new highs before Greece so I positioned myself in high dividend stocks that could with stand corrections and whose earnings were good enough that the dividend cannot be at risk. BX and BXMT fit my criteria. It's complicated right now as BX has European holdings and with the mess in Greece and Euro going down people are devaluing BX, right or wrong. Earnings are coming out on the 15th and I can't see them being anything but good. I committed for BX to be a long term holding in my portfolio so I'm not happy but hanging in unless something materially changes which I don't see happening.
Are way imho. I don't trade but TA I believe is only 15% of the equation as long term fundamentals rule. That said I look to the 200 day moving average in which we are over. BX historically beat its earnings estimates.
Sentiment: Strong Buy
BX pays dividends based on the distributions from their investments...sometimes very good sometimes normal...they will change based on timing of investments. However, the dividends on average are progressively better on an annual basis (average of quarters and best way to look at it). Keep in mind you are aligned with the owners in wanting large dividends. It is really hard to find something wrong with BX to be honest...well run management...conservative and smart investments globally... hitting their stride...setting up to be more like Berkshire Hathaway with some investments...but still much shorter term for majority.
Not me. BX is still 10-20% below it's market value. t's about to break out and head to the 48-49 area. I've been in BX for years, just hold it and you can make some serious coin. BTW I have an opposite view from Sam in that I think the market is undervalued with the exception of some biotechs, AMZN, NFLX, TESL, CYBR, FEYE etc.