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Telestone Technologies Corp. Message Board

sam_0534 173 posts  |  Last Activity: Aug 1, 2015 11:50 AM Member since: Feb 8, 1998
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  • as others know here, long time investor..was a stock broker with E..F. Hutton after being a rocket engineer with Rocketdyne after college UVA.....Dont need to be a PT :).. here are my trades :)...but not dumb enough to trade....9/23/2012 at 14.56, 9/30/2012 at 14.27. 6/5/2103 at $21.42, 6/7/2013 at 21.28, finally 4/4/2014 at $29.20 , 4/30/2014 at $28.03... 3,000 shares in total and not including great payouts!!!!!..... Didnt need a PT to tell me what to do.. Been around a long time and the traders never tell you of all their BAD CALLS....my advise..put them on IGNORE.....like I do... as noted I did sell 500 BX at 39.50 or so before the runup to new highs as I am prudent and was way over weighted with BX..as I have liked this stock a lot

  • may be overshadowing the good news...

  • Avintiv, which changed its name from PGI Specialty Materials Inc last month, was bought by Blackstone Group(BX) in 2010 for $326.2 million in cash from private equity firm MatlinPatterson in 2010.

  • sam_0534 sam_0534 Jul 31, 2015 10:28 AM Flag

    cs to buy Blackstone-owned Avintiv for $2.45 billion
    REUTERS 5:53 AM ET 7/31/2015
    Symbol Last Price Change
    BERY 33.13up -0.23 (-0.69%)
    BX 39.3299up +0.0399 (+0.1%)
    QUOTES AS OF 10:21:17 AM ET 07/31/2015

    (Reuters) - Plastic packaging products maker Berry Plastics Group Inc(BERY) said it would buy Avintiv Inc, which makes materials used in products ranging from diapers to disinfectant wipes, for about $2.45 billion in cash from Blackstone Group LP(BX) .

    Berry Plastics (BERY), which makes products such as duct tapes, spray adhesives and food wrap films, said it would buy Avintiv on a debt-free, cash-free basis.

    Berry Plastics' (BERY) shares rose nearly 2 percent to $34 in trading before the bell on Friday.

    Avintiv, which changed its name from PGI Specialty Materials Inc last month, was bought by Blackstone Group(BX) in 2010 for $326.2 million in cash from private equity firm MatlinPatterson in 2010.

    The company, as PGI, filed for an initial public offering in February. At that time the company said its net loss had nearly tripled to about $97 million in the nine months ended Sept. 27, while sales rose 2.2 percent to $1.5 billion.

    Avintiv's specialty materials are also used in feminine hygiene products, face masks and surgical gowns and its customers include Procter & Gamble Co , Kimberly-Clark Corp and Cardinal Health Inc .

    Avintiv has 23 locations in 14 countries and supplies to many of the consumer and industrial product manufacturers that Berry Plastics(BERY) supplies to, Berry Plastics(BERY) said.

    Berry Plastics (BERY) said it expects the deal to add to its earnings and free cash flow and that it had secured debt financing to fund the deal.

    The company expects the deal to close by the end of this year.

    Berry Plastics' (BERY) financial advisers are Credit Suisse and Barclays, while Bryan Cave is its legal adviser. Citi and BofA Merrill Lynch were Avintiv and Blackstone's financial advisers and Simpson Thatcher & Bartlett LLP is their legal adviser.

  • sam_0534 by sam_0534 Jul 30, 2015 2:03 PM Flag

    has some effect on BX today I think

  • Reply to

    When is spinoff to occur?

    by naveeny1974 Jul 30, 2015 12:13 PM
    sam_0534 sam_0534 Jul 30, 2015 12:27 PM Flag

    dont think this will be a factor for BX.. just my opinion...

  • sam_0534 by sam_0534 Jul 30, 2015 10:21 AM Flag

    Goldman Sachs is securitising a loan to Blackstone backed by commercial real estate across the UK, highlighting a growing role for non-banks in a market that has struggled for traction in recent years.
    Securitisation involves taking loans — in this case for the purchase of commercial real estate — and packaging them into bonds, which can then be sold on to investors.

    Sentiment: Buy

  • I will wait for more good news....

    Sentiment: Strong Buy

  • NXP agreed in March to buy Freescale for $11.8 billion in cash and stock, excluding debt. To ease antitrust concerns, NXP sold an overlapping radio frequency amplifier business for $1.8 billion in May to China's state-owned Jianguang Asset Management. Both deals are expected to close later this year.

    The combination of NXP and Freescale will control about 13 percent of a $26 billion global auto electronics market, ahead of Renesas of Japan and Infineon of Germany.

  • Reply to

    FDA.....emabrresment...

    by samsa1 Jul 29, 2015 7:33 AM
    sam_0534 sam_0534 Jul 29, 2015 3:54 PM Flag

    guess we need more news to get this stock some action...patient investor here.

    Sentiment: Strong Buy

  • All BX holdings have taken a hit.. BX was very smart to sell a lot of holdings when they were at their highs....Now will see what will happen...market dependent... BXMT is doing well.. my good income stock...

  • sam_0534 by sam_0534 Jul 28, 2015 12:10 AM Flag

    QUOTES AS OF 04:03:37 PM ET 07/27/2015
    When Blackstone Group LP's(BX) top executives learned last week that they were losing their longtime chief financial officer, they eschewed a lengthy search and went with one of their most-tenured deal makers.

    The world's largest private-equity firm said last week that Michael Chae would become its finance chief next month when Laurence Tosi, Blackstone's CFO since 2008, leaves for the same role at Airbnb Inc.

    Leaders at Blackstone, which manages roughly $333 billion on behalf of pensions, endowments and wealthy individuals, decided the company's CFO should be someone who could potentially run the firm, and that anyone in that position must have an investing background, according to people familiar with the hire.

    In Mr. Chae, 46 years old, the firm chose one of its most experienced deal makers and trouble shooters. He joined Blackstone in 1997, before the global firm—housed then in a single Manhattan office—even disclosed its assets under management.

    Becoming CFO "represents a natural progression" of his career at Blackstone, Mr. Chae said in an interview Monday. " Having worked across our businesses and regions as an investor, to be able to bring that experience and knowledge to driving the operations of the firm as a whole is an exciting opportunity," he said.

    Mr. Chae played a central role in some of the firm's largest and most lucrative private-equity investments, including those involving arts-and-crafts retailer Michaels Companies Inc., hotelier Hilton Worldwide Holdings Inc. and television-ratings firm Nielsen NV.

    "His investing background is an extremely helpful element to his credibility as a CFO," said John Waldron, co-head of investment banking at Goldman

    Sentiment: Buy

  • Reply to

    36.76 intraday

    by sandyraveon Jul 27, 2015 12:51 PM
    sam_0534 sam_0534 Jul 27, 2015 12:58 PM Flag

    YES

  • Reply to

    IPCI will have its day, anyone notice......

    by samsa1 Jul 24, 2015 9:27 AM
    sam_0534 sam_0534 Jul 27, 2015 12:56 PM Flag

    Intellipharmaceutics International Inc. (NASDAQ:IPCI) has dropped 2.16% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 33.46% in the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 0.05% and the outperformance increases to 34.86% for the last 4 weeks.

    For this week, the average consensus of the company shares are rated as a Strong Buy. IntelliPharmaCeutics International Inc. is up 28.27% in the last 3-month period. Year-to-Date the stock performance stands at 60.62%. The company shares have rallied 27.37% in the past 52 Weeks. On May 26, 2015 The shares registered one year high of $3.92 and one year low was seen on August 27, 2014 at $1.94. The 50-day moving average is $3.32 and the 200 day moving average is recorded at $2.82. S&P 500 has rallied 5.09% during the last 52-weeks.

  • just a comment... I will look to buy back my 500...just watching...holding my 2500

  • Reply to

    Difficult to believe this price action

    by sam_0534 Jul 24, 2015 1:02 PM
    sam_0534 sam_0534 Jul 24, 2015 2:37 PM Flag

    well I was and sitill am overwieighted with BX..I am 76 and like to be prudent :)

  • just panic and momentum selling IMHO... I had sold some before at 39 before the runup and maybe will buy it back...long term holder here with 2500 having sold 500 before

    Sentiment: Buy

  • On the FCX board....ecartmen1997 • 10 minutes ago
    0users liked this postsusers disliked this posts0Reply
    wow! this has to be a buy here? right??
    this was $20 just weeks ago

  • I also own MLPs..

    Jim Cramer addressed the MLP bloodbath yesterday on RealMoney, positing that it is the result of a "big liquidation" from a single fund that owns the energy MLPs. "These stocks are being liquidated and it isn't because of their fundamentals," Cramer wrote. "It's because some unnamed moronic fund is out there flailing, dangerous, selling everything and when he's through the bear market in them will be done."

    Sentiment: Buy

  • Reply to

    Down and down she goes...where she stops?

    by billlewisiv Jul 24, 2015 10:28 AM
    sam_0534 sam_0534 Jul 24, 2015 10:39 AM Flag

    Seen sell offs before...long term holder here..never can figure it out.. momentum traders running here..disappointed :)

    Sentiment: Buy

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