they should have had m ore foresight to know they needed more money!!!!!!I saw that vividly when I saw they only had 500k CASH and more liabilities...I express myself then to the CFO and he dismissed it as not a problem..so I bought more at 2.24...cant believe anyone really...and the news was leaked and drove the price down... Terrible..
Blackstone’s focus on the performance of its portfolio companies and constant offerings to its network of limited partners could remain important factors in the company’s future performance. Diversification through offerings such as hedge funds, credit, and advisory services could lower Blackstone investors’ general risk perception. Debt markets should generate returns in the range of 4%–5%.
If equity attractiveness rises, the overall perception of alternative asset managers should as well, especially for bigger players that are part of the iShares Dow Jones US Financial ETF (IYF).
From our perspective, Blackstone has likely seen the bottom in terms of value for its portfolio holdings. The company could benefit from record dry powder (undrawn capital) and an improvement in domestic equity markets and European equity and debt markets.
Weibo (WB) cleared a short consolidation, surging 8% in heavy volume to a new high. The Chinese Twitter (TWTR)-like social platform may be rising in sympathy with Alibaba (BABA), which is rebounding in fine form after news of an SEC investigation into its accounting sparked a 7% plunge Wednesday in the Chinese e-commerce company. Alibaba owns about a third of Weibo.
Sentiment: Strong Buy
ple (AAPL) iPhone chip supplier NXP Semiconductors (NXPI) could double its chip content per vehicle by 2025, as Tesla Motors (TSLA), Google (GOOGL), Apple and Ford (F) make a play for the nascent self-driving car market, Canaccord analyst Matthew Ramsay said Thursday.
Premium cars like BMW’s 7 series already contain north of $1,000 in semiconductor content, including $300 in NXP chips, Ramsay wrote in a research report Thursday. Other cars contain much less chip content. Autonomous cars, though, eventually could drive chip content per vehicle to greater than $2,500, observers say.
“We believe the emergence of autonomous driving and ADAS (advanced driver assistance systems) will push overall semiconductor content per vehicle higher by 50% to greater than $500 by 2025,” he wrote.
But even lower-tier vehicles will get a chip push, Ramsay notes. The National Highway Traffic Safety Administration is requiring that by 2018 all new cars include backup cameras, and 20 top carmakers recently pledged to include emergency braking in all new vehicles by 2022.
NXP is well-positioned to capture some of the chip-content gains, he says. Over the next three years, NXP sees 5%-7% top-line growth driven by 10% growth in its automotive segment, though it expects only 3%-4% growth in vehicles sold worldwide.
Ramsay says NXP can exceed its own targets. NXP estimates it has 11% market share in its core automotive segments — infotainment, security, powertrain and safety — and 14% overall automotive market share.
General Motors (GM) CEO Mary Barra has said “the auto industry will change more in the next five to 10 years than it has in the last 50.”
Barra’s quote permeated NXP’s FTF Conference last week in Austin, Texas, Ramsay wrote. About 90% of automotive innovation is driven by electric hardware and software, NXP says. Infotainment, safety, efficiency, security, consolidation and regulation will drive that innovation.
NXP expects infotainment content per vehicle to climb to $18-$45 in 2018 from $10 in 2006. And despite strong competition from Nvidia (NVDA), Qualcomm (QCOM) and STMicroelectronics (STM), Ramsay argues, “NXP currently has the most complete infotainment system across the breadth of components.”
In the stock market today, NXP stock lost 0.7% to 91.33. But shares are up 8% this year, outperforming IBD’s 41-company Electronic Semiconductor-Fabless industry group, which has risen 2% over the same period.
NXP is Ramsay’s top pick for chip stocks. He reiterated a buy rating and 120 price target on NXP stock.
It was ridiculous and stupid.. I agree with your comments 100%.. Need a new CFO, etc..well it was said the owner gott 12% !!!!!
50,000 homes in Invitation homes is estimated to be worth form 11 to 13 BILLION that I remember seeing ..and HLT REIT is in the works... and many more opportunities....a lot of value for us..BXMT is doing well as a REIT.. my 2nd biggest holding after BX
Yes, foolish cash management... selling at the low price.. ridiculous...tell them to reduce salaries and get rid of the 12% interest loan...I have played the lottery and never won :(
Company: IntelliPharmaceutics International Inc.(IPCI)
TSX Symbol: I (all issues)
Resumption (ET): 10:00 AM
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Market Chatter: The Blackstone Group Said to Sell $1.1 Bln of European Hotel Buildings
MIDNIGHT TRADER 6:27 AM ET 5/27/2016
Symbol Last Price Change
BX 26.5down 0 (0%)
QUOTES AS OF 04:02:01 PM ET 05/26/2016
09:27 AM EDT, 05/27/2016 (MT Newswires) -- The Blackstone Group L.P(BX) is planning to sell hotel buildings in London, Dublin and Amsterdam for about EUR980 billion ($1.1 billion), Bloomberg reported, citing unnamed people with knowledge of the matter.
The report said the hotels are operated by Hilton Worldwide Holdings (HLT).BX trades in the lower half of the 52-week range between $22.31 and $43.28. It was inactive in recent pre-market trade.
Price: 26.50, Change: , Percent Change:
Very poor management of resources and money.. I expressed alarm to him when I first saw they only had 400k in cash... I asked about that and was assured they had the situation covered...We have been mislead and given bogus information... I had posted some critical posting here and I was asked not to do so..So I did remove them...Well they were all justified !!!!! The 12% loan from the owners is terrible... They could have raised money when the stock price was a lot higher... Now in desperation they are doing so at a LOW????? I am stuck now.. no use selling.. Not much confidence in the management..
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I bet they dont hit the target......they need to money to pay themselves and interest on the loan...they cant find ANYONE to partner with them...that tells you A LOT.. I just want to know how to contact the SEC for insider selling
I am sure when others here about this BAD NEWS it will go lower...I guess I never learn some lessons :(... Stupid management in my opinion...and the stock price shows that!!!!!!!!!!!!!!!!!!!!!!!! Didnt some get bonuses??