Colony Capital Bottom Seekers – How Big Is The Cushion?

Posted on by John Sheehy

Colony Capital has fallen 62% since the January 2017 Northstar merger The stock trades at 8 times forecast 2018 FFO, one of the lowest multiples in the sector Management has made slow progress at simplifying the business Tangible assets are worth about $0.3Bn less than carrying value, Healthcare overvaluation partially offset by Industrial and Hotels … Continue reading Colony Capital Bottom Seekers – How Big Is The Cushion?

Expiration of the China XD Plastics Privatization Consortium Agreement Creates New Opportunities

Posted on by John Sheehy

The Consortium Agreement between China XD's Chairman Jie Han and Morgan Stanley Private Equity Asia (MSPEA) appears to have expired in August 2017. Expiration of the agreement means that Chairman Han is no longer bound by its exclusivity provision and is free to negotiate possible alternative transactions with parties other than MSPEA. China XD Plastics … Continue reading Expiration of the China XD Plastics Privatization Consortium Agreement Creates New Opportunities