GasLog Partners (GLOP) is a limited partnership firm which owns, operates and acquires LNG carriers under long-term charter of five years or more. The company has an initial fleet of three LNG carriers with long-term contracts scheduled to expire in 2018 and 2019.
GasLog (GLOG) is the parent company of GasLog Partners. The company is an owner, operator and manager of LNG carriers and works as a part of LNG logistics chain. In April 2012, the company had a fleet of 10 LNG carriers and since then GasLog has increased its capacity by 111% to 21 fully owned ships.
This article discusses the investment positives for the recently listed GasLog Partners. The investment conclusion is that the company is a strong buy for the long term.
Key Investment Positives:�Modern Fleet with Visible Growth
GasLog Partners��initial fleet consists of three LNG carriers with contract expiry in 2018 and 2019. In addition to this, GasLog Partners has the option to purchase 12 LNG carriers over the next three years.
Top Value Stocks To Buy For 2015: GFI Group Inc. (GFIG)
GFI Group Inc. provides wholesale brokerage, clearing, electronic execution, and trading support products for financial markets. The company offers brokerage and trade execution services, clearing services, market data and trading platform, and other software products to institutional customers. The company provides brokerage services in fixed income derivatives, bond instruments, and other related products; financial instruments, including foreign exchange options, exotic options, non-U.S. Dollar interest rate swaps and options, repurchase agreements, forward and non-deliverable forward contracts, and government and municipal bond options; cash-based and derivative equity products, such as the U.S. domestic and international equity stocks, global depositary receipts, American depositary receipts, and equity derivatives; and cash-based and derivative commodity, and energy products comprising oil, natural gas, biofuel, electricity, wet and dry freight derivatives, dry physi cal freight, precious metals, coal, property derivatives, emissions, ethanol, and soft commodities. It also offers clearing, brokerage, settlement, and back-office services to proprietary traders, brokers, market makers, and hedge funds; provides capital to start-up trading groups, small hedge funds, market-makers, and individual traders; licenses multi-asset class electronic trading and order management software to brokers, exchanges, and traders in the commodities, fixed income, currencies, and equities markets; and offers FENICS Professional, a suite of price discovery, price distribution, trading, risk management, and straight-through processing components. The company primarily serves investment and commercial banks, large corporations, asset managers, insurance companies, hedge funds, and proprietary trading firms in the Americas; Europe, the Middle East, and Africa; and Asia. GFI Group Inc. was founded in 1987 and is headquartered in New York, New York.
Advisors' Opinion:- [By Jayson Derrick]
CME Group (NYSE: CME) has agreed to acquire GFI Group (NASDAQ: GFIG) for $4.55 per share and will immediately sell it's wholesale brokerage and clearing business back to a group led by GFI Management. CME will retain GFI Group's Trayport which provides trading software in the European energy markets as well as FENICS, a provider of price discovery, analytics, risk-management and workflow connectivity services for over the counter foreign exchange options markets. Shares of CME Group gained 0.44 percent, closing at $75.83 while shares of GFI Group surged to new 52-week highs of $4.50 before closing the day at $4.47, up 43.73 percent.
Top 5 Logistics Companies To Invest In 2014: General Growth Properties Inc. (GGP)
General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc was founded in 1986 and is based in Chicago, Illinois.
Advisors' Opinion:- [By Anna Prior]
S&P Dow Jones Indices said General Growth Properties Inc.(GGP) will join the S&P 500 index, replacing Molex Inc.(MOLXA), a move that sent the real-estate investment trusts’ shares 4.3% higher to $21.15 premarket.
- [By Will Ashworth]
REITs such as Simon Property Group (SPG) and General Growth Properties (GGP) have enterprise values that are 20 times EBITDA, while LTM stock putters along at slightly less than nine times EBITDA.
- [By George Putnam]
General Growth Properties (GGP) became the largest real-estate bankruptcy in history in early 2009, when it was unable to support its massive debt load.
- [By Johanna Bennett]
General Growth Properties (GGP) gained 2.6% to close at $20.82 after S&P Dow Jones Indices said late Wednesday that it would add the real-estate investment trust to the S&P 500 index next week,
Top 5 Logistics Companies To Invest In 2014: MarketAxess Holdings Inc (MKTX)
MarketAxess Holdings Inc. (MarketAxess), incorporated on April 11, 2000, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The Company�� over 1000 active institutional investor clients (firms that executed at least one trade in the United States or European fixed-income securities through its electronic trading platform, during the year ended December 31, 2012) include investment advisers, mutual funds, insurance companies, public and private pension funds, bank portfolios, broker-dealers and hedge funds. The Company�� 87 broker-dealer, market-maker clients provide liquidity on the platform and include most of the broker-dealers in global fixed-income trading. Through its Corporate BondTicker service, MarketAxess provides fixed-income market data, analytics and compliance tools that help its clients make trading decisions. In addition, it provides Financial Information eXchange (FIX) message management tools, connectivity solutions and ancillary technology services that facilitate the electronic communication of order information between trading counterparties. The Company�� revenues are primarily generated from the trading of the United States high-grade corporate bonds. In March 2013, it announced acquisition of Xtrakter Limited.
The majority of the Company's revenues are derived from monthly distribution fees and commissions for trades executed on its platform that are billed to its broker-dealer clients on a monthly basis. The Company also derives revenues from technology products and services, information and user access fees, investment income and other income. During 2012, the Company�� broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued United States corporate bonds and approximately 72% of the underwriting of newly issued European corporate bonds. MarketAxess�� electronic trading platform provides access to the liquidity provide! d through the participation on its platform of 87 broker-dealer market making clients, including all of the broker-dealers in global fixed-income trading, and over 1000 active institutional investor firms. In addition to services directly related to the execution of trades, the Company offers its clients several other services, including information services, straight-through processing, and technology products and services. MarketAxess offers Application Programming Interface (API) services to its broker-dealer clients for pre-trade, trade negotiation and post-trade services.
The United States High-Grade Corporate Bonds
The United States corporate bond market consists of three categories of securities: investment-grade debt (so-called high-grade); debt rated below investment-grade (so-called high-yield), and debt convertible into equity (so-called convertible debt). The Company�� United States high-grade corporate bond business consists of the United States dollar-denominated, investment-grade debt issued by corporations for distribution in the United States. Both domestic and foreign institutional investors have access to the United States high-grade corporate bond trading on its electronic trading platform. During 2012, its broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued the United States corporate bonds. The Company offers its institutional investor clients access to a range of inventory of the United States high-grade corporate bonds, which is provided and updated daily by its broker-dealer clients.
Eurobonds
The European high-grade corporate bond market consists of a range of products, issuers and currencies. MarketAxess Europe Limited, its wholly owned subsidiary, offers European secondary trading functionality in the United States dollar- and Euro-denominated European corporate bonds to its broker-dealer and institutional investor clients. The Company also offers its clients to trade in other European! high-gra! de corporate bonds, including bonds issued in Pounds Sterling, floating rate notes, European government bonds and bonds denominated in non-core currencies. In the Eurobond credit market, defined as including European high-grade, high yield and government bonds, 23 broker-dealers utilize the Company�� platform.
Emerging Markets Bonds
Emerging markets bond market includes the United States dollar, Euro or local currency denominated bonds issued by sovereign entities or corporations domiciled in a developing country. These issuers are located in Latin America, Asia, or Central and Eastern Europe. The agency bond market includes debt issued by a United States government-sponsored enterprise. 59 of the Company�� United States broker-dealer clients use its platform to trade emerging markets bonds. During 2011, 414 institutional investor clients utilized its electronic trading platform to trade emerging markets bonds. These institutional investor clients are located in the United States and Europe. MarketAxess also allows its institutional investor clients to transact Euroclear-eligible local currency denominated bonds issued by sovereign entities or corporations in countries that include Argentina, Brazil and Mexico.
Crossover and High-Yield Bonds
59 of the Company�� United States broker-dealer clients use its platform to trade crossover and high-yield bonds. Trading in crossover and high-yield bonds uses many of the same features available in its United States high-grade corporate bond offering.
Agency Bonds
41 of the Company�� United States broker-dealer clients use its platform to trade agency bonds. Trading in agency bonds uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Credit Default Swaps
MarketAxess offers trading on its platform for CDS indices and single-names in both the United States and Europe through its traditional RFQ proto! col. Nine! of the Company�� broker-dealer clients are providing streaming, executable CDS index prices. In addition, it incorporated the request-for-market protocol and the streaming markets/click-to-trade protocol into an updated single-screen user interface, giving clients their means of execution.
Asset-Backed Securities
12 of its United States broker-dealer clients use its platform to trade asset-backed securities. Trading in asset-backed securities uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Preferred Securities
17 of the Company�� United States broker-dealer clients use its platform to trade preferred securities. Trading in preferred securities uses many of the same features available in its United States high-grade corporate bond offering.
Corporate BondTicker
Corporate BondTicker provides TRACE data and enhances it with MarketAxess trade data and analytical tools to provide professional market participants with a set of corporate bond price information. The data include trade time and sales information, including execution prices, as well as MarketAxess-estimated, spread-to-Treasuries, for trades disseminated by the TRACE system. The data also include actual execution prices and spread-to-Treasury levels for United States high-grade corporate bond trades executed on the MarketAxess platform. Corporate BondTicker is integrated directly into the MarketAxess electronic trading platform and can be accessed, either when viewing securities inventory or when launching an inquiry. Corporate BondTicker is also available through the Internet for non-trading professional market participants, including, among others, research analysts and rating agencies, who can log in and access the information via an easy-to-use browser-based interface.
The Company provides Corporate BondTicker as an ancillary service to its trading clients and also to other industry parti! cipants. ! It derives revenues from its Corporate BondTicker service by charging for seat licenses per user at its broker-dealer and institutional investor clients, through distribution agreements with other information service providers and through bulk data sales to third parties. The Company also offers a set of reports designed to review and monitor credit trading activity for institutional investor clients. Its compliance product provides a printed history of each inquiry submitted through the MarketAxess trading platform.
Technology Services
Through MarketAxess�� Greenline Financial Technologies, Inc. (Greenline) subsidiary, it provides integration, testing and management solutions for FIX-related products and services. The FIX protocol is a messaging standard developed for the electronic exchange of securities transaction information. It also provides technology consulting and customized development services to its clients. In addition, the Company provides gateway adapters to connect order management and trading systems to fixed-income trading venues.
The Company competes with Thomson TradeWeb, Bloomberg and The New York Stock Exchange
Advisors' Opinion:- [By Alex Dumortier, CFA]
MarketAxess (NASDAQ: MKTX ) published its third-quarter results�(link opens a PDF) this morning, and as the following table shows, the numbers were disappointing -- by Wall Street's standards. The fixed-income trading platform missed on both revenues and earnings per share. Those misses have short-term investors spooked today, and shares are down around 5.5%. Long-term investors, on the other hand, ought to be a little more sanguine. I don't see any signs that the business franchise is impaired, and, although investors will need to continue monitoring potential competitors and, particularly, structural developments in the bond markets, the latest set of results are well within the bounds of normal business fluctuations.
Top 5 Logistics Companies To Invest In 2014: Firstbank Corporation(FBMI)
Firstbank Corporation, through its subsidiaries, provides commercial banking products and services. It accepts checking, savings, and time deposits. The company also provides commercial, mortgage, agricultural, real estate, real estate mortgage, real estate construction, home improvement, automobile, and consumer loans. In addition, it offers trust, security brokerage, and title insurance services, as well as armored car services. The company operates 53 branch offices in central Michigan. Firstbank Corporation was founded in 1894 and is headquartered in Alma, Michigan.
Advisors' Opinion:- [By Louis Navellier]
A great example of these small banks with big potential is Firstbank Corp. (FBMI), a $155 million market-cap stock that operates 53 branch offices in central Michigan. Firstbank provides commercial banking products and services, including traditional deposit accounts and loans tailored to meet the needs of its business customers. FBMI also offers trust, security brokerage and title insurance services, and even armored car services. This bank stock has been rated an “A” all year, and the fundamentals just keep getting better. FBMI shares remain a “strong buy” at current prices.
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