“Everyone knows that Chinese e-commerce is dominated by Alibaba and at some point you go fish where the fish are,” said Sucharita Mulpuru, an analyst at Forrester Research Inc.
Sentiment: Strong Buy
March 5 (Reuters) - Britain'sMerlin Entertainments(MIINF) , the operator of Madame Tussauds waxworks and Legoland, said Singapore sovereign wealth fund GIC Private Ltd nearly doubled its stake in the company to about 5.2 percent.
Merlin said on Thursday that GIC raised its holding to about 52.6 million shares from about 27.6 million.
Private equity firms CVC and Blackstone launched a sale of about 156.5 million shares earlier this week.
Shares of Merlin, the world's second largest operator of visitor attractions behind Walt Disney Co, closed up 2.8 percent at 426.5 pence on the London Stock Exchange. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)
IPCI hit a peak on 1/12/2015 of 2.57.then went down to 1.96 pm 1/23/2015....forming a reversal pattern ..Head Shoulder or cup and handle with a breakout about these levels..of course patterns do fai..but OBV is looking very positive.. anxious to watch this stock...
Sentiment: Strong Buy
I think th stock is going to make a big move.. OBV acting verp positive..the 50 dma is finally turning higher.. breaking above 2.60 is about to happen..stocastics in line..
Sentiment: Strong Buy
well I sold a small amount of my BX actually my mistake..I had orders ready on my Fielity Active Pro site and was sell my MNK but hit the wrong column...anyway as I had stated beingt 76 BX was over 25% of my holdings having inceased so much..so had the order ready to sell..so no big deal.. But I sold my MNH at122.68 after buying it at 68.....interesting company but it was a good run...still like BX a lot :)....IPCI is my big speculation...
Control of the operations
Management’s commitment to a diversification strategy is demonstrated by the fact that it has raised more than $120 billion in assets under management to commit to strategies that didn’t existed in 2007.
Management also has strong control over the company’s operations through the partnership structure. Management and other employees own approximately 45% of the firm’s units and control over 50% of voting power. With their own investments at stake, the general partners are incentivized to work for the unitholder’s interest.
Low-Budget Motel 6 Gets In on Lodging Growth Boom
Parent company G6, backed by Blackstone, is expanding in Latin America
A rendering of a new Estudio 6 room at a property being built in Salamanca, Mexico. ILLUSTRATION: ARQUITECTOS SANTOSCOY
By CRAIG KARMIN
March 3, 2015 2:21 p.m. ET
Record sales prices for luxury properties and an explosion of lifestyle brands have marked the recent hotel boom. But a low-budget staple is enjoying some of the industry’s strongest growth.
Motel 6, the 53-year old brand famous for its roadside locations and no-frills lodging, is upgrading thousands of rooms and entering new markets in Latin America, where its parent company, G6 Hospitality LLC, broke ground last month on its first hotel.
Blackstone Group LP, which acquired Motel 6 from Accor SA for $1.9 billion in 2012, is fueling the expansion. The previous owner, a French hotel operator, had slowed investment in the brand after turning its focus elsewhere. Blackstone said at the time of the 2012 acquisition it would spend another $500 million to upgrade the existing properties, and it now expects to exceed that figure.
The New York investment firm sold $2 billion in a combination of commercial mortgage-backed securities and mezzanine debt last week as part of a refinancing. It values the hotel chain at nearly $3 billion, according to people familiar with the hotel company.
New ownership “brought a fresh perspective and fresh spirit to the organization,” says Jim Amorosia, G6 chief’s chief executive.
The Blackstone Group L.P. (BX) (Previous Close: $38.14, Get Quote) (Ratings, Earnings and Dividend History)
The Blackstone Group L.P. saw a large growth in short interest in the month of February. As of February 13th, there was short interest totalling 13,106,936 shares, a growth of 37.9% from the January 30th total of 9,505,239 shares. Approximately 2.5% of the shares of the company are sold short. Based on an average trading volume of 5,102,464 shares, the days-to-cover ratio is presently 2.6 days.
Javier Larrea | Getty Images
Look at NXP Semiconductors run! This stock was up 17 percent on Monday on news that it will acquire Freescale Semiconductor. Jim Cramer thinks this stock behavior is strange: Normally it's the target of the takeover that soars, not the acquirer!
Then again, this isn't a plain vanilla acquisition that hit the market. This one could breed a powerhouse, so it only makes sense that stocks wouldn't act like any old normal acquisition.
"Honestly, I think that NXP's acquisition of Freescale, for $11.8 billion in cash and stock, may be the best semiconductor merger yet. In fact, I think this deal could be a game changer," the "Mad Money" host said.
Cramer knows from past experience that consolidations in the semiconductor space have been very lucrative. This new NXP Freescale merger is no exception.
Currently, NXP is the 14th largest player in the semi space, and Freescale is the 18th largest. Combined, they will become the fourth largest, following Intel, Qualcomm and Texas Instruments. That's quite a jump!
The two companies were a match made in heaven, and Cramer sees enormous cross-selling opportunities. Currently, NXP is the top maker of semiconductors for infotainment and keyless ignition systems. Freescale is dominant in digital networking chips, radio frequency devices and sensors.
Put these companies together, and Cramer sees that they will dominate the auto market at a critical time when cars and things are rapidly becoming more connected.
On the flip side, NXP's debt load will increase dramatically from 1.7 times to 3 times EBITDA after the deal is completed. However, Cramer is not worried about this as he foresees that the company will generate significantly more cash flow. NXP anticipates it will be able to bring the balance sheet back to normal in a year and half.
BX broke out on 1/22/2015 at $35... but you adjust if for the dividend and it was around 34.... stockcharts site has a good adjusted chart..BX paid over $2 in dividends for 1 year..and that needs to be taken for total price appreciation...I am way over invested in BS and need to sell some...retired here and just need to be prudent..first bought 9/30/2012 at 14.56 and 10/7/2012 at 14.27 and added more a couple of time..with dividends it is a great investment.. I didnt try to trade the dips as some probably unsuccessful traders try to do..of course the market has been amazing...that sure helps..but making me quite cautious...made enoough this year to satisfy me..just want to preserve my capital at my age..
good articles out....Higher returns over equity
Blackstone has witnessed some of the fastest bottom-line growth in the industry. The scale and performance of the company supports this growth. In exchange, equity holders enjoy higher returns and higher dividend payouts. Blackstone has generated a return on equity of 22% to 27% over the past five years, which is 30% to 50% higher than the industry average of 19% over the same period. The company has also maintained operating and net-profit margins.
cash amount is $1.225 Billion plus stock in a great company..BX is so smart....FLS was another winner..
Sentiment: Strong Buy