Saturday, November 21, 2015

Buy KKR (KKR & Co. LP) @ $17.50 on 20Nov2015

KKR (KKR & Co. LP) recommended Buy @ $17.50 on 20Nov2015.
Market is valuing KKR 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 Balance Sheet assets worth $12 per unit and the incentive income stream.
KKR is well positioned for niche investments in Asia. Also opportunistic buybacks can enhance value.


Another option is to sell $20 Jan2017 Puts to lock in price below $15.

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