Friday, August 30, 2013

Brief synopsis of the current state of our economy, Obama-Care looms in the horizon, 9/15 is marked on my calendar, that is when we see the new rates for our health care premiums... EXPECT A 600 percent increase in your premium if you live in 47 out of 50 states !! 3 States will see lower premiums, wow.. DEFUND OBAMA-CARE!! Obama are you serious?? GIVE ME A BREAK! DAmmit or just Break my damn leg already!!

Brief synopsis of the current state of our economy, Obama-Care looms in the horizon, August 31st 2013...

            These days the economy is teetering on the verge of insanity due to Obama-care and with the ever increasing fluctuations in our health care premiums, we have all been trying to figure out ways to offset this increase and cut costs. Our economic outlook is unclear due to many intangible variables, with the Fed buy bonds as they are, due to the lack of liquidity in the marketplace, interest rates will most likely be kept very low for the long-term.  Now, this is creating a stressful situation in the housing sector, as you know the housing sector has been slowly bouncing back, but with interest rates held down as low as they have been the whole situation is very unstable.  Also, with the ever sloping  devaluation of our dollar bill things have been tight these days.  So basically, to make a long story short, my main priority is helping you and all small business owners cut costs, and add more dollars to your businesses’ bottom line.  Make sure your merchant accounts are being handled by a Whole sale provider of the rates, remember if your transaction fee is over 10 cents, you need to start shopping around for new vendor. Also make sure portfolios our diversified correctly! Remember throwing all your money into multiple diversified open-ended funds is recipe for disaster. Buy 10 quality stocks, join community networks like stocktwits and etoro, talk to and follow real active traders, check out investorwand.com you can follow major analysts from Goldman sax to Deutsche bank.   If you have any questions feel free to check out this website, call for advice, guidance, or political chatter, if you want to make fun of obama and blow off some steam, give me a call at my office in Manhattan, my direct line is on this link, http://everestmerchantgraham.com/contact-us.html   

Monday, August 5, 2013

The Blackstone Group L.P. (BX) has been in the news recently as the company is in talks with Deutsche Bank (DB) to sell ~$270M in "Rent-Backed Securities" to numerous investors. This will boost the firm's net working capital and help monetize a small part of its $64B Real Estate AUM.




My friends, the rothschilds own this bank and damn can't lose when you got the rothschilds at the helm, BX is a safe longterm hold, being that this bank is in the UNited Kingdom, they do not have to deal with the tough regulations our banks in America have to deal with, and with that being said this bank has been making deals with China for quite some time, with the recovery of the hosing sector in place and Blackstone's move to shell out some of their real-estate securities allows for a more expansive future progressive path aimed at developing the economical model with safe investments in energy like natural gas, as we see Bllackstone group's 2 billion dollar investment in CQP , Cheniere Energy Partners L.P., and with the strong deals with the Chinese , Blackstone group is a winner for the long-term, winner winner chicken dinner  ... The Blackstone Group L.P. (BX) has been in the news recently as the company is in talks with Deutsche Bank (DB) to sell ~$270M in "Rent-Backed Securities" to numerous investors. This will boost the firm's net working capital and help monetize a small part of its $64B Real Estate AUM. In the past couple of years, Blackstone has been snapping up residential homes, turning them into rent-income assets. Apart from real estate, Blackstone operates in four other businesses: Private Equity, Hedge Funds, Credit, and Financial Advisory. OVERVIEW
After Hours
$
22.86
Change
0.00 0.00%
Volume
6,888
Aug 5, 2013, 4:56 p.m.
Real time quotes
Today's close
$ 22.86
Change
-0.18 -0.78%
Day low
Day high
$22.56
$23.21
Open: 23.10
52 week low
52 week high
$13.04
$24.31
Market cap
$12.80B
Average volume
4.97M
P/E ratio
38.79
Rev. per Employee
$2.41M
EPS
0.59
Dividend
0.23
Div yield
4.02%The Blackstone Group L.P. is an American-based multinational private equity, investment banking, alternative asset management and financial services corporation based in New York City. As the largest alternative investment firm in the world, Blackstone specializes in private equity, credit and hedge fund investment strategies, as well as financial advisory services, such as mergers and acquisitions, restructurings and reorganizations, and private placements.

Blackstone's private equity business has been one of the largest investors in leveraged buyout transactions over the last decade, while its real estate business has actively acquired commercial real estate. Since its inception, Blackstone has completed investments in such notable companies as Hilton Worldwide, Equity Office Properties, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint and Travelport.

Blackstone was founded in 1985 as a mergers and acquisitions boutique by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc. Over the course of two decades, Blackstone has evolved into one of the world's largest private equity investment firms. In 2007, Blackstone completed a $4 billion initial public offering to become one of the first major private equity firms to list shares in its management company on a public exchange. Blackstone is headquartered at 345 Park Avenue in New York City, with eight additional offices in the United States, as well as offices in London, Paris, Düsseldorf, Sydney, Tokyo, Hong Kong, Beijing, Shanghai, Mumbai, and Dubai.

Business segments

Blackstone is organized into four business segments:

Corporate private equity - Management of Blackstone's family of private equity funds investing in leveraged buyout transactions;

Investment Banking and Financial Advisory - Includes Blackstone's mergers and acquisitions advisory services, restructuring and reorganization advisory services and fund placement services for alternative investment funds;

Marketable Alternative Asset Management - Management of Blackstone's funds of hedge funds, mezzanine funds, senior debt vehicles, and closed-end mutual funds; and

Real Estate - Management of Blackstone's family of real estate investment funds.
Ex dividend date
7/25/13
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Saturday, August 3, 2013

LINC ENERGY LTD ASX:LNC ENERGY soared on Thursday, a day after the firm announced it was sitting on potentially large resources of shale oil in South Australia; Two respected independent consultants estimated Linc's 100-percent owned Arckaringa Basin could hold between 103 billion and 233 billion barrels of oil equivalent (boe) in formations comparable to liquids-rich shale plays in the United States.

LINC ENERGY LTD

ASX:LNC

ENERG
Y


Thu Jan 24, 2013 3:40am EST
* Estimate of potentially large shale oil, gas potential in South Australia
* Analysts say Linc shale potential highly speculative
* Linc CEO expects early well production by end of 2014
* Linc seeks partner to develop shale asset
* Shares hit 18-month high (Recasts, updates with CEO, analyst comments)
 
By Rebekah Kebede and Sonali Paul
PERTH/MELBOURNE, Jan 24 (Reuters) - Shares in Linc Energy soared on Thursday, a day after the firm announced it was sitting on potentially large resources of shale oil in South Australia, although some experts urged caution since the estimate is at very early stage.
Two respected independent consultants estimated Linc's 100-percent owned Arckaringa Basin could hold between 103 billion and 233 billion barrels of oil equivalent (boe) in formations comparable to liquids-rich shale plays in the United States.
But as the share price shot up by more than 30 percent at one stage on Thursday, and Australian media trumpeted the "$20 trillion shale oil find", some urged caution on the shale play in the little explored Arckaringa Basin.
"It's at a very early stage... it's a theoretical play," said Peter Strachan, an analyst with Stock Analysis in Perth.
The huge bump in Linc's share price even took the company's chief executive, Peter Bond, by surprise.
"We didn't expect it to go this nuts," Bond told Reuters, while adding that he chalked up the gains to the company being "massively underpriced."
"A lot of what you are seeing is a re-rating of the company based on people starting to understand that the assets we have are far better than what they have been giving us value for," he said.
Bond, Linc's largest shareholder, owns 39 percent of the company's shares.
HOW MUCH IS RECOVERABLE?
At the heart of excitement around Linc's new find were figures displayed prominently on the first page of the company's announcement: 103 to 233 billion barrels of oil equivalent.
But the estimates are what are called "unrisked prospective resources", which give no indication as to how easily the reservoirs can be tapped or whether oil and gas can be profitably produced.
Some analysts zeroed in on another estimate -- the 3.5 billion barrels that are likely to be recoverable -- that was on a chart on the third page of its release and which they said gave a more accurate picture.
"I think the industry is becoming ill-disciplined in talking about volumes of oil that are in place (which) is so different to what is actually recoverable," Johan Hedstrom, an energy analyst with Bell Potter Securities in Sydney, said.
Linc's Bond said media reports perhaps should have focused on the likely recoverable figure but defended the announcement.
"Most of them don't know the work we've done," Bond said, adding that Linc is confident there is a large amount that is recoverable.
"How much is recoverable is always the question. Is it 3 billion barrels or is it 203 billion barrels? Even if it's 3 or 4 billion barrels... that's a massive find in this part of the world. No matter how you cut it, it's still a massive outcome," Bond said.
Linc has appointed Barclays Capital to help it find a partner with experience in shale drilling and the company expects to announce a partner in the next six months, Bond said.
Linc's shares soared to a high of A$2.83 on Thursday and last traded up 23 percent at A$2.67.
Its market value has more than quadrupled over two months as Linc, mainly known for its efforts to develop underground coal gas-to-liquids projects, recently started producing oil in the United States.
IT'S NOT JUST THE ROCKS
Even if Linc ends up finding huge amounts of oil and gas in the Arckaringa Basin, it will still face huge challenges, shared by other developers in Australia's fledgling shale industry.
Bond said he expects production could begin by the end of 2014, but some analysts said commercialisation, even in ideal circumstances, would take about five years.
Geoff Barker, partner at Resource Investment Strategy Consultants (RISC) in Perth, said even if the geology was right, the cost issue was formidable in Australia.
"Even if you've got rocks which have the necessary conditions for success, the big challenge we have is one of cost. Our cost structures are very high."
Costs can be several times what U.S. shale developers pay -- drilling a shale well in the U.S. costs about $10 million, while in Australia prices are 50 percent higher at about $15 million.
And unlike the United States, where a "shale gas revolution" turned it from an importer to a prospective exporter in a matter of a few years, Australia has little infrastructure in the far-flung locations where most shale exploration is occurring.
But high risks can mean high rewards.

"There's really two times when global oil and gas companies...come to large resources like this. Firstly it's at the early stage, where they pay a smaller amount to take on a higher amount of risk, but the reward is potentially there.... Or they pay a fortune when it's completely de-risked," said Ian Davies, managing director of Senex Energy, an Australian company which also has shale acreage. (Editing by Ed Davies) 


       Fundamental Data

Data as of:2013-08-02
Volume:7,456,918
Close:$1.805
Open:$1.770
Low:$1.755
High:$1.820
Shares Issued:518,687,562
Dividend Yield:0.00%
EBITDA:0.00
Market Cap:$505,720,373
Price Book Value:0.87
PER:0.00
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