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The Blackstone Group L.P. Message Board

harry_wild 9 posts  |  Last Activity: May 29, 2014 12:29 AM Member since: Dec 28, 1999
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  • Reply to

    Win Win situation

    by rationalthought3 May 27, 2014 7:58 PM
    harry_wild harry_wild May 29, 2014 12:29 AM Flag

    The actual amount is: "The $163 million breakup fee in this scenario is roughly equal to Pinnacle’s 2013 net income." From Bloomberg News!

    Sentiment: Strong Buy

  • Two call ins this time around. Laurence Udell is back on the CC as well as Jared Cohen - JM Cohen and Co.
    Q&A lasted for about 50 minutes. Xiqun Yu did not attend. Cloris Li had a hard time explaining the new website and the new training centers but given much more detail info - which is very usual to hear from her. She in the past respond with more generalized to point that her answer had no meaning to the questions ask.

    Basically, they have 8K students attending the training center at the end of March; peak four years ago was 20K. Total revenues of the on site training center potential is around $3 million tops - a year - ever unless then open more on site! The management still is not given up on the on site training center even if it does not have potential to generate unlimited income and has overhead. EDU is one of their competition that is doing the same thing as CEAI in terms of online education software.

    It sounds like from the CC that the breakeven will take a lot of time since the online website seems to have a lot of overhead associated with it and they do not have very many customers sign up before launch. I am guessing that it might take 18 months from launch to get it to breakeven or more since they are spending a lot of marketing money on promotions but no real results in terms of revenue increases.

    There is a lot more in this quarters CC! May want to listen or wait for Alpha print! I got a lot of info on CEAI from this quarters CC then I have gotten in the past 3 years! LOL!

  • harry_wild by harry_wild May 19, 2014 5:42 PM Flag

    "HARBIN, China, May 15, 2014 /PRNewswire/ -- China Education Alliance, Inc. ("China Education Alliance" or the "Company", OTCQX: CEAI), a China-based education resource and services company, today announced its first quarter 2014 financial results. The Company will host a conference call on Friday, May 16, 2014, at 8 a.m. EDT (8 p.m. Beijing time the same day).

    Financial Highlights for the First Quarter ended March 31, 2014
    •Total revenues decreased by 70% to $0.7 million.
    •Net loss of $6.0 million.
    •Loss per share was $0.56 per fully diluted share.

    First Quarter 2014 Review:

    Revenue decreased by $1.7 million, or 70% to $0.7 million for the quarter ended March 31, 2014 from $2.4 million during the same period in 2013.

    Revenue from the on-line education division decreased by $0.5 million, or 80%, to $0.1 million for the quarter ended March 31, 2014 from $2.1 million for the quarter ended March 31, 2013. Revenue from the training center division decreased by $1.2 million, or 67%, to $0.6 million for the quarter ended March 31, 2014 from $1.8 million for the quarter ended March 31, 2013

    The decline in revenue was primarily a result of a decline in revenue across all of our business. We believe revenue was affected by external factors including slowdown in economic growth within the PRC, untruthful allegations about our businesses, and increased competition. These factors contributed to the continuous decline in interest of existing and new students, which resulted in decrease in student enrollments and led to a decline in revenue as compared to the quarter ended March 31, 2013....As such, we predict that our revenue will gradually recover after we launch the new web-based platform and set up more training centers. "

    No comments by me!

  • harry_wild harry_wild May 14, 2014 9:02 PM Flag

    No reply, huh?

    Sentiment: Hold

  • harry_wild harry_wild May 12, 2014 4:20 PM Flag

    Is there anyone in DTV management here? I'm a shareholder of this company! If I were not; I would go happen to a competitor and not spend so much effort!

    Sentiment: Hold

  • harry_wild harry_wild May 11, 2014 7:51 PM Flag

    I try again by calling DTV and got to the sales. I ask for the customer retention department and they said that he could help me! LOL! Hung up! This is my 8th try! Not including my emails!

    Sentiment: Hold

  • When I left DTV after 7 years as a customer; customer retention said that I could come back on a month to month basis. DTV customer service nor sales will not give out the telephone number to customer retention. Here is my reply back from DTV customer service shown below:

    You recently requested assistance from DIRECTV. Below is a summary of your inquiry and our response.

    Subject: What to know how to comeback as a customer! It almost impossible to do!


    Mary Raolyn - 100510555 (05/09/2014 04:56 AM)

    Hi! My name is Mary, a DIRECTV Customer Service Representative and I am glad to assist you today. I understand that you want to be a part of our family family but don't want to be in a two year contract. I am sorry to hear that your request was not granted when you spoke with several representatives over the phone.

    I would like to inform you that we don't have an offer for returning customers to go on a month to month basis. I can certainly understand your concerns with the length of your programming agreement when you get a new account with us. Because we significantly discount the price of the equipment and installation we ask that our customers accept a 24 month programming agreement.

    But don't worry, I've forwarded your comment to DIRECTV Management for review. Your feedback helps alert us to areas that need improvement and we often make changes based on customer feedback like yours, and we are doing our best to attain our customer's expectations.

    Thank you for writing. We are hoping that you'll get DIRECTV for your future entertainment needs.

    Sincerely,

    Mary E. -100510555
    DIRECTV Customer Service

    * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

    Does anyone know the telephone number to customer retention or is able to help me?

    Thanks.

    Sentiment: Hold

  • harry_wild harry_wild Mar 20, 2014 8:40 PM Flag

    I still using my iPhone 5S and Nokia 521. I like carrying the 521 since it only cost me $80 and brought it unlocked too! My iPhone 5S was $849. Both are without sales tax included. I going to sell my iPhone and wait for the iPhone 6 with the 4.7" screen and HD resolution +. I may buy it or just keep using the Nokia! I mean it just great phone and it dirty cheap. Nobody even looks at it for larceny. I leave on the table at Starbuck in LA and it still there after 45 minutes. LOL! You cannot say that with an iPhone! Not sure about Android phones if it get stolen much. I might look at the HTC One 2nd gen. with the dual back camera technology. But for me the 521 is right phone if you don't care about status. iPhone has the status but it carries with it the possibility that someone will try to steal it from you too! I rather just use a good phone and leave out the status and have some other chump take my place.

    Sentiment: Buy

  • Reply to

    Did they launch the cloud platform?

    by dealer235 Jan 20, 2014 8:02 AM
    harry_wild harry_wild Jan 30, 2014 8:38 PM Flag

    Hi Dealer,

    The answer from the November 14, 2013 Press Release is shown below:

    ""We are now very close to finalizing the new web-based education platform that I believe will truly give us a leading position in China's educational landscape. The rise of e-commerce and cloud computing in China has created opportunities for China Education Alliance to fill the gap by providing high quality educational materials from teachers and institutions to students regardless of their location. We are currently in the process of fine tuning various aspects of the platform which we aim to launch in the near-term. Once the platform goes live, users will be able to sort through various functions as they create their own unique customized learning platform, something that does not exist in the market today. I am proud of the effort our IT professionals and sales teams are putting into lining up the highest quality educational products available while constructing a truly dynamic communication medium. We have devoted a considerable amount of resources towards developing the technology and infrastructure that is needed to sustain such an ambitious project and are eager to bring it to market." said Mr. Xiqun Yu, Chairman and Chief Executive Officer of China Education Alliance. "

    In my opinion it will not be ready until middle of June 2014 to December 2014. The company is still design it from the PR statement. Near term is to Mr. Yu - a full year time frame is my guess. Mr. Yu nor Ms. Li does not say as you well know talk in generality; no exact or explicit remarks about the company's operations are ever given out to anyone - at least in public. They give no hard numbers nor dates ever!

    Sentiment: Hold

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