uiucfinance > Trade Notes

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Brokerage Account
5 Day -21.97%
15 Day -25.47%
1 Month -30.82%
3 Month -46.61%
6 Month -50.15%
As of: 11/20/08

Member since: May 08

Bought 55 shares of KFN at 12.43

Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
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Transaction: Bought
Symbol: KFN
Quantity: 55 shares
Price: $12.43
Value: $683.00
Stop Order: No @ $N/A
Target Price: $20.00

I like the div. yield even though it continues to be slashed.

I think the PE arena is hitting a low.  Deals that have gone through should turn out some nice returns in a few years due to lower valuations.  A revival of the credit market should be a catalyst for this thing to turn around. 

 

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1 user tagged it: KFN, stock, buy
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S90911

Member since: May 08

5 Day -16.79%
15 Day -29.95%
1 Month -30.85%
3 Month -58.19%
6 Month N/A
As of: 11/20/08
Trades 32
Trade Notes 31
Blog Posts 1
S90911

Looks like you're down a bit since you bought it. Are you in for the long-haul on this one? Good luck either way.

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User Avatar Brokerage Account

uiucfinance

Member since: May 08

5 Day -21.97%
15 Day -25.47%
1 Month -30.82%
3 Month -46.61%
6 Month -50.15%
As of: 11/20/08
Trades 6
Trade Notes 2
Blog Posts 1

Age: 20's
Champaign, IL
uiucfinance

I had to bite the bullet on this one.  I blew out of this at 11.40.  I love PE firms, I still think 5 years from now this is a great company.  You really can't beat the business model.  I was between Apollo and KKR on this trade, looks like I dropped the ball on this one.

 

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