$Lion-OCBC Sec HSTECH S$ (HST.SG)$ jin chum jin korlian.
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$Blackstone (BX.US)$At the end of Q3-31, Blackstone had $8.2 billion in total cash, cash equivalents, corporate treasury, and other investments. It also had $18.4 billion of cash and net investments, or $15.26 per share.
The company also has a $2.3 billion undrawn credit revolver and maintains A level ratings.
On August 5, 2021, it issued $650 million of seven-year notes at a 1.625% coupon… $800 million of 10.5-year notes at a 2.0% coupon… and $550 million of 30-year notes at a 2.85% coupon.
BX generated LTM fee-related earnings of $2.47 per share in Q3, a 36% increase year-over-year. And its LTM total segment distributable earnings were $6 billion, a 97% increase.
Analysts expect it will generate 58% earnings-per-share (EPS) growth in 2021, an extremely impressive forecast to say the least.
BX declared a $1.09 quarterly dividend to record holders as of November 1, 2021 - to be paid on November 8. And the payout has been $3.57 over the LTM.
Also, it repurchased 2.9 million common shares in Q3-21 and 6 million over the LTM. The dividend yield is currently 1.7%.
BX's price-to-earnings (P/E) is 35.4x compared to the peer group average of 21x:
Although I'll admit I don't put a lot of credence into private equity growth estimates… I thought it would be interesting to compare analyst estimates for BX and its public peers.
So here you go:
Clearly, BX's moat is getting wider by the day, as the 35x P/E valuation appears to be stretched. Nonetheless, it's hitting on all cylinders.
And thanks to its C-corp structure, average investors can invest alongside some of the greatest real estate investors on the planet.
$SPDR S&P 500 ETF (SPY.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini Dow Futures(DEC4) (YMmain.US)$
The company also has a $2.3 billion undrawn credit revolver and maintains A level ratings.
On August 5, 2021, it issued $650 million of seven-year notes at a 1.625% coupon… $800 million of 10.5-year notes at a 2.0% coupon… and $550 million of 30-year notes at a 2.85% coupon.
BX generated LTM fee-related earnings of $2.47 per share in Q3, a 36% increase year-over-year. And its LTM total segment distributable earnings were $6 billion, a 97% increase.
Analysts expect it will generate 58% earnings-per-share (EPS) growth in 2021, an extremely impressive forecast to say the least.
BX declared a $1.09 quarterly dividend to record holders as of November 1, 2021 - to be paid on November 8. And the payout has been $3.57 over the LTM.
Also, it repurchased 2.9 million common shares in Q3-21 and 6 million over the LTM. The dividend yield is currently 1.7%.
BX's price-to-earnings (P/E) is 35.4x compared to the peer group average of 21x:
Although I'll admit I don't put a lot of credence into private equity growth estimates… I thought it would be interesting to compare analyst estimates for BX and its public peers.
So here you go:
Clearly, BX's moat is getting wider by the day, as the 35x P/E valuation appears to be stretched. Nonetheless, it's hitting on all cylinders.
And thanks to its C-corp structure, average investors can invest alongside some of the greatest real estate investors on the planet.
$SPDR S&P 500 ETF (SPY.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini Dow Futures(DEC4) (YMmain.US)$
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$Futu Holdings Ltd (FUTU.US)$
https://www.reuters.com/world/china/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2021-10-28/
will non-china investors be affected by this? because even though we are technically not breaking any laws, we are still using the site
https://www.reuters.com/world/china/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2021-10-28/
will non-china investors be affected by this? because even though we are technically not breaking any laws, we are still using the site
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$Kep Infra Tr (A7RU.SG)$ Why dropped?
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$Kep Infra Tr (A7RU.SG)$ Will they be suffering losses from their city gas operations due to persistent high gas prices that cannot be passed to public? Hmm....
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WHOOOO WANTS CANDY???
Yes mooers! Halloween is coming again, a day full of sweet smell of candies and spooky ghost legends!! There are many fantasy sayings about Halloween, and people hold different opinions about these. For instance, believe it or not, it's generally said that Halloween is also the most haunted day of the year as the old saying goes. And that's why people are keen to dress up in costumes and swarm into the street in order to drive away ghosts. While these legends seems difficult to be confirmed, there are also some anomalies regarding Halloween in the stock market.
(A review to last year's story >> Halloween Effect - Sell In May and Go Away)
"Eat, Drink and Be Merry?" Nah, be SCARY!!
"Eat, drink and be merry" is popular among young fellows, because life is too short to be wasted. But now what's expected from you guys is "to be scaryyyy"! Exactly, here we want you to share everything related to Halloween. It could be your Halloween makeups, the thrilling moments you've ever had in your life, or some tender stories with family...... I bet most of you must have got a lot to share with mooers, so we have prepared a Halloween gift for everyone.
Reward points await!
Based on content quality and originality, winners will be selected and announced around Nov. 12th.
5 best storytellers will get 888 points
10 featured posts will get 555 points
All participants excluding the 15 mooers mentioned above will get 66 points in return for participation (at least 20 words or at least 1 picture related to Halloween vibe to qualify).
Get your bonus by joining the discussion "Spooky Season Again: Share Your Halloween Vibes and Holiday Moments" before the end of Nov. 7th ET and share your own stories now. We can't wait to read them!
Once again, happy Halloween to ya all, whatever you are...
Do not go gentle into that good night...
Yes mooers! Halloween is coming again, a day full of sweet smell of candies and spooky ghost legends!! There are many fantasy sayings about Halloween, and people hold different opinions about these. For instance, believe it or not, it's generally said that Halloween is also the most haunted day of the year as the old saying goes. And that's why people are keen to dress up in costumes and swarm into the street in order to drive away ghosts. While these legends seems difficult to be confirmed, there are also some anomalies regarding Halloween in the stock market.
(A review to last year's story >> Halloween Effect - Sell In May and Go Away)
"Eat, Drink and Be Merry?" Nah, be SCARY!!
"Eat, drink and be merry" is popular among young fellows, because life is too short to be wasted. But now what's expected from you guys is "to be scaryyyy"! Exactly, here we want you to share everything related to Halloween. It could be your Halloween makeups, the thrilling moments you've ever had in your life, or some tender stories with family...... I bet most of you must have got a lot to share with mooers, so we have prepared a Halloween gift for everyone.
Reward points await!
Based on content quality and originality, winners will be selected and announced around Nov. 12th.
5 best storytellers will get 888 points
10 featured posts will get 555 points
All participants excluding the 15 mooers mentioned above will get 66 points in return for participation (at least 20 words or at least 1 picture related to Halloween vibe to qualify).
Get your bonus by joining the discussion "Spooky Season Again: Share Your Halloween Vibes and Holiday Moments" before the end of Nov. 7th ET and share your own stories now. We can't wait to read them!
Once again, happy Halloween to ya all, whatever you are...
Do not go gentle into that good night...
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$Camber Energy (CEI.US)$ Someone keeps selling which is handing hedges shares to short... You guys are making this last a lot longer but either way we're winning. don't fall for the trap.
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