Interesting stab in the back.. | BX Message Board Posts


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Msg  611 of 638  at  11/22/2022 10:21:09 AM  by

PinewoodsBear


Interesting stab in the back..

Credit Seusse downgraded BX to $85.50 down to $67.50.

$86.50 Last trade on FRI. The change in the stock price makes the dividend go up to 5.70 %.

In a nut shale ...the change in the loan fees and buying private real estate that required high level of cash price with limited withdraws vs letting public buying property that is bought with a loan without limit withdraws.

The future will not be as rosy and the different playing field in 2023. There are pros and cons in the change of new arrangement.

My opinion...BX has done this and knew all the ups and downs. Would expect in the very new reply soon to the bank's analyst.

The selloff already started and could last this week, has created a cheaper price to pay and a larger yield in the dividend.

BX management has a large amount of cash on hand to work with. Their history shows that they will be successful .

One concern is that because of their success their P/E is a little higher than its peers and this CS bank analyst could bring it down a bit.

Personally, since I plan for the very long term, I will be continuing adding a modest amount each month in DEC. and 2023 months.

Just what I am doing and not a recommendation on my part.

Check out my Post today on the MLPs board about bitcoin et al.

***PinewoodsBear***


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Msg # Subject Author Recs Date Posted
613 Re: Interesting stab in the back.. nealhugh 0 11/24/2022 1:13:39 PM




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