GrowthnValue’s Activity

Yesterday

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Boards Post

GrowthnValue replied to the Stereo 8 board. 2:57 PM

Re: More Buybacks and OAK on a roll

...all people want to see is performance. Raise that dividend!

I am open to the idea of the market valuing these on a short-term basis based on payouts. I'll just say that at current prices, OAK's $0.47 quarterly distribution is a [more]

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GrowthnValue posted to the Stereo 8 board. 10:04 AM

More Buybacks and OAK on a roll

CG adding to the list of alt managers buying back their stocks. Maybe some supporting evidence that the sector is cheap.

I thought OAK had a nice year and quarter. However, I didn't see anything particularly big and unexpected. Not sure why [more]

Mon Feb 8

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Boards Post

GrowthnValue replied to the Stereo 8 board. 5:01 PM

Re: APO APOL

Any thoughts on Brixmor (BRX)? I did nothing other than read the headline, but thought you might have considered.

GnV

Sun Feb 7

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Boards Post

GrowthnValue replied to the Stereo 8 board. 9:09 AM

Re: APO reporting tomorrow

ET,

Thanks for the great replies.

(1) That $250-300b goal is going to require some acquisitions which will be lumpy and somewhat unpredictable. ... Some appreciation after deployment would also serve as a tailwind. [more]

Sat Feb 6

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Boards Post

GrowthnValue replied to the Stereo 8 board. 3:33 PM

Re: APO reporting tomorrow

AUM up to 170.1 from 161.2 at year end 2014. Not a huge move, but mid 5%. Comes on the flattish/slightly down 2014.

On the bearish side, that isn't going to get them anywhere near 250-300 AUM in the 3-5 year target they have.

NL

Boards Post

GrowthnValue replied to the Stereo 8 board. 10:20 AM

Re: APO reporting tomorrow

Getting more time to review this morning.

AUM up to 170.1 from 161.2 at year end 2014. Not a huge move, but mid 5%. Comes on the flattish/slightly down 2014.

DE from management business only is $1.04. For me, that is a good number [more]

Fri Feb 5

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Boards Post

GrowthnValue replied to the Stereo 8 board. 3:54 PM

Re: Morningstar: BX Valuation Saga

The GnV valuation of BX has changed much less over the last 6 months.


Now expecting in 2018 $2.95 adjusted earnings and $2.06 distribution.

That is some precise estimate for 2018. For a stalwart, you might have a [more]

Thu Feb 4

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Boards Post

GrowthnValue replied to the Stereo 8 board. 2:05 PM

Re: APO reporting tomorrow

"There seems to be a typo in the Seeking Alpha ..."

I read it at SA and noticed that. Actually seemed to be a lot of typos in the SA transcript this quarter.

******

I thought you would be more excited about [more]

Wed Feb 3

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Boards Post

GrowthnValue replied to the Stereo 8 board. 8:33 PM

Re: APO reporting tomorrow

Haven't looked closely yet, but I think I can answer these questions. Did you know APO has been in the business for 25 years? If you read their conference calls you do.

(1) Deployments. Are they getting to deploy some of that dry powder? [more]

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GrowthnValue replied to the Stereo 8 board. 8:18 PM

Re: APO reporting tomorrow

Not sure I have any great thoughts, but here is what I've got.

Is there something that they might say that would make you want to sell?

Not sure. At the current price, it would have to be a significant breakdown in the [more]

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Boards Post

GrowthnValue replied to the Stereo 8 board. 6:54 PM

Re: APO reporting tomorrow

ET,

Are you going to follow-up on your list? I thought you would be more enthusiastic about a buyback.

I'll give you one to start:
Leon Black was there, but not one mention of a Chinese menu or idiosyncracies.

GnV

Tue Feb 2

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Boards Post

GrowthnValue replied to the Stereo 8 board. 7:54 PM

Re: APO reporting tomorrow

Nice list. I am having some trouble following (11) after the first sentence. Mind expanding/clarifying/educating me on that?

GnV

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Boards Post

GrowthnValue posted to the Stereo 8 board. 6:39 PM

APO reporting tomorrow

APO is reporting tomorrow morning. Here is what I am looking for:

(1) Deployments. Are they getting to deploy some of that dry powder? Any expansion on the PE financing and distressed debt discussion from Josh Harris?

(2) What is [more]

Mon Feb 1

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Boards Post

GrowthnValue replied to the Berkshire Hathaway board. 9:22 AM

Re: OT: options based comp. at IBM

Thanks for the detail. I didn't look into it closely, but had read $12.75 PSUs in 2014, which would have put 2014 total comp around $17 million. Are the PSU values discounted because of they don't vest immediately?

Regardless, I don't think [more]

Sun Jan 31

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GrowthnValue replied to the Berkshire Hathaway board. 2:38 PM

Re: OT: options based comp. at IBM

Best I can tell, this is on top of the roughly $20 mil per that Mr. Rometty has been taking home from salary, bonus and RSUs. I echo the sentiment that this is terrible.

Her compensation should be based on what is necessary for: (1) [more]

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GrowthnValue replied to the Deranged Monkey Criticism board. 9:37 AM

Re: Poll: Deadlier Insult?

by the way, didn't today's rise SUCK?

I found myself disappointed by the price rise on Friday, but am not going to fret about it. We are still below recent prices and may go back down, or my portfolio will look better on a [more]

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GrowthnValue replied to the Stereo 8 board. 9:07 AM

Re: Variable Dividends/Distributions

I was reading about Chevron today in the WSJ. They lost money in the quarter and are planning to sell up to $10 billion in oil fields and other assets. Of course, dividend payments will continue.

Some flexibility in dividend policy seems [more]

Sat Jan 30

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GrowthnValue posted to the Stereo 8 board. 12:40 PM

Josh Harris - APO

Private Equity deals down; Distressed Debt up.

“The financing markets are shutting down,” Harris said Friday at the Wharton Private Equity & Venture Capital Conference in Philadelphia. “We had a huge pipeline going into the holiday [more]

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Boards Post

GrowthnValue posted to the Stereo 8 board. 9:24 AM

Variable Dividends/Distributions

Since I own OAK, BX and APO, I think about variable distributions sometimes. I understand why some investors prefer the US pay and raise system for the more regular income. I also think it can help with discipline.

However, I think the [more]

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CAPS Player Rating < 20
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Score -2007.53
Score Change Today -73.59
Accuracy 47.54%
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Boards Stats & Trivia

Two stars, 250 posts
Board Posts 400
Recs Received 365
People who have rec'd these posts 129
Recs to Posts Ratio (last 30 days) 1.50
Threads Started 84
Threads Started Percentage 21.00 %
Most Frequent Board Stereo 8
Very First Post Best Hedges (2/11/2011)
Percentage of Posts Rec'd 45.75 %
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