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B/E Aerospace Inc (BEAV), Tiffany & Co. (TIF): Top Buys of Third Point That You Shouldn’t Miss

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Third Point’s holdings are worth $5.3 billion. Daniel Loeb, fund manager of Third Point, focuses on publicly traded stocks, expansion plans of companies, and forex opportunities.

According to the recent 13F filings, its top new buys were B/E Aerospace Inc (NASDAQ:BEAV), Tiffany & Co. (NYSE:TIF), and Virgin Media Inc. (NASDAQ:VMED). Virgin media was recently acquired by Liberty Global PLC (NASDAQ:LBTYA)

B/E Aerospace Inc (NASDAQ:BEAV)
High demand for modular lavatory systems

Last year, B/E Aerospace signed a contract of $800 million with The Boeing Company (NYSE:BA) to provide a modular lavatory system from the first quarter of 2013. The lavatory system is integrated with B/E Aerospace’s LED lights, a vacuum toilet, and a damage-proof lavatory oxygen system. According to the deal, B/E Aerospace Inc (NASDAQ:BEAV) will provide a modular lavatory system for Boeing’s 737 Next-Generation and 737 MAX aircrafts.

The Boeing Company (NYSE:BA) is planning to upgrade its 737 fleet with various products of B/E Aerospace Inc (NASDAQ:BEAV). It will also offer similar lavatory systems for the Airbus A320 in the third quarter of 2013. Considering the increasing demand for its lavatory system, B/E Aerospace Inc (NASDAQ:BEAV) expects total revenue to increase from $3.46 billion in the first quarter of 2013 to $3.89 billion by the fourth quarter of 2013.

B/E Aerospace Inc (NASDAQ:BEAV) is the world’s leading producer of excellent aircraft cabin interiors. There is currently an increase in demand for its ‘Super First Class’ interiors, specially designed for the business class. Emirates Airlines, Delta Air Lines, Inc. (NYSE:DAL), Qatar Airways, and Lufthansa are some of its main clients.

The business jet segment of B/E Aerospace Inc (NASDAQ:BEAV) reported an increase in revenue from $85.5 million in the fourth quarter of 2012 to $95.5 million in the first quarter of 2013. In the first quarter of 2013, B/E Aerospace sold ‘Super First Class’ suites worth $250,000 each to its major clients The revenue from the business jet segment is expected to increase from $96 million in the first quarter of 2013 to $106 million by end of 2013.

Super-fast broadband speed contributes to revenue

On June 10, 2013, Liberty Global PLC (NASDAQ:LBTYA) acquired a 100% stake in Virgin Media — Britain’s top cable and broadband service provider, for $24 billion. According to the deal, Virgin Media Inc. (NASDAQ:VMED) and Liberty Global PLC (NASDAQ:LBTYA) will have around 25 million subscribers.

The acquired company increased its broadband speed to 120 Mbps from 60 Mbps in February 2013 to attract new subscribers. This is the U.K.’s super-fast broadband. Around 9,000 new subscribers were reported in the first quarter of 2013. Also, Virgin Media Inc. (NASDAQ:VMED) reported revenue of $968 million from its broadband segment. At present, there are around 2.17 million subscribers of its super-fast broadband packages.

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