APO (Apollo Global Management LLC) recommended Buy @ $16.50 on 20Nov2015.
Market is valuing APO only based on Management Fee Income and discounting prospects of further growth in Fee Generating AUM which can double over next 7 years.
Also market is discounting value of Athene and permanent capital and the incentive income stream.
Another option is to sell $20 Jan2017 Puts to lock in price below $15.
No comments:
Post a Comment