Cineplex Inc. (TSX:CGX)
once again impressed investors with solid results that show increasing
attendance and strong performance out of every segment. Here are five
trends that lead me to believe that Cineplex should be a core holding in
your portfolio.
Strong box office revenues
Box office revenues represented 59% of total revenues in the quarter
and 52% of revenues for the year. Revenues increased 13.8% in the fourth
quarter and 5.7% for the full year. Breaking this number down,
fourth-quarter attendance increased 7.1%, and box office revenue per
patron increased 6.3%. (more)
Thursday, February 11, 2016
5 Battered Private Equity Stocks to Buy for a Big Bounce: BX, KKR, CG, APO, OAK
One of the best opportunities in the public equity market right now
is in, as strange as it may sound, investing in private equity.
About a decade ago, a slew of the largest and best-run private equity firms starting going public. This was due in good part to let the founders — including investing legends such as Leon Black, Henry Kravis and Henry Schwarzman — create personal liquidity but also benefit by raising capital when stock market performance was strong.
Lately though, the market has been struggling royally, and the PE space has been no exception. Anything related to finance has become a four-letter word, and the stocks of the largest private equity firms have suffered disproportionately. While the market is down around 10% in 2016, the best and brightest PE firms are down much worse — percentages range from the mid-teens to the low 20s. (more)
About a decade ago, a slew of the largest and best-run private equity firms starting going public. This was due in good part to let the founders — including investing legends such as Leon Black, Henry Kravis and Henry Schwarzman — create personal liquidity but also benefit by raising capital when stock market performance was strong.
Lately though, the market has been struggling royally, and the PE space has been no exception. Anything related to finance has become a four-letter word, and the stocks of the largest private equity firms have suffered disproportionately. While the market is down around 10% in 2016, the best and brightest PE firms are down much worse — percentages range from the mid-teens to the low 20s. (more)
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