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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: NikhilJog who wrote (48612)7/6/2012 4:28:31 PM
From: Brian Sullivan1 Recommendation  Read Replies (1) | Respond to of 78704
 
SLE does not appear to be an American traded stock. Can you tell me what stock this is?



To: NikhilJog who wrote (48612)7/8/2012 9:54:37 PM
From: Sergio H1 Recommendation  Read Replies (5) | Respond to of 78704
 
Hi Nik. Thanks for your comments on LAZ, BX and ABT.

On ABT, its trading at multi year highs. I think the spin off is priced in and I will be selling. MRK I think is about to hit its head on the ceiling so I will sell it as well. Perhaps investors looking for div. returns have pushed stocks in this sector up too much.

LAZ, you're right. They manage assets and have been around for over 100 years. They don't have the risk or the capex involved in other financial activities. It's a simple business plan. They make money when there's mergers and acquisitions. The co. has been reducing costs and....well, here's Barrons take:

online.barrons.com

BX - I like their strategy of buying foreclosed property and becoming landlords. I don't fully understand some of their business and cannot properly evaluate this investment idea. The chart is not attractive either. But the div. is not bad. This is probably not a good idea but I bought in.