Learn more
about liquidation bankruptcy today.
This amount of debt is
about the liquidation value of current rigs and new rigs, net of liabilities.
As a result, debt holders are not as concerned about future earnings as they are
about liquidation value.
There's no question
about the liquidation because it's required by the bankruptcy court.
It's all explained in
our About liquidation value investing page.
Tobias contributed the «
About Liquidation Value Investing» section to Introduction to Corporate Finance (Third Edition, Wiley, March 2013) by Laurence Booth and Sean Cleary.
As we've discussed in our About Greenbackd and
About liquidation value investing pages, we apply Graham's liquidating value methodology because it's conservative, it doesn't require a great deal of sophistication — it's a simple formula — and it doesn't require the heroic leaps in reasoning required to forecast future earnings.
Correct me if I'm confused with another book, but I think it's in The Intelligent Investor that Benjamin Graham talks
about the liquidation value of property such as factories or real estate such as a hotel.
Start here in
my About Liquidation Value Investing post and follow the links.
Additionally, you've forgotten
about the liquidation costs (severance, disposal, etc).
Toys «R» Us CEO David Brandon made the announcement
about the liquidation, expected to be filed Wednesday night, to staff at Toys «R» Us's Wayne, N.J., headquarters, according to the Wall Street Journal.
What's great
about liquidations is that management has to provide their estimate of what the liquidation distributions will be in the filings.
If housing prices rise in the short run (unlikely in my opinion), and you hear
about the liquidations of bearish hedge funds, then the best way to make money is to wait.
Not exact matches
Shares of those companies fell on Friday after Bloomberg reported
about the possible
liquidation, then dipped again on Tuesday.
On one level, the announced
liquidation (at least in the U.S.) is yet another familiar story
about the sorry state of old - school retailing.
Rather, executives brag
about «clean terms» — meaning favorable
liquidation preferences on their term sheets — and reasonable valuations.
By asking a bankruptcy court judge to approve the hiring of a
liquidation consultant and procedures it has established to close underperforming stores, Tops is showing that it is serious
about shutting some of its poorly performing stores.
Some of these funds provide far more liquidity to the customer than the underlying assets in the fund, and it is reasonable to worry
about what would happen if these funds went into large
liquidation.
This change came
about because of the incredible downdraft in prices during the worst of the crisis» forced
liquidation.
Although few specifics were given for such an economic plan — and no suggestions on how to bring
about the «voluntary
liquidation» of the old system — the magazine was clearly championing a socialist ideal.
To a buyer or other successor in the event of a merger, divestiture, restructuring, reorganization, dissolution or other sale or transfer of some or all of Hormel Foods» assets, whether as a going concern or as part of bankruptcy,
liquidation or similar proceeding, in which personal information held by Hormel Foods
about our Website users is among the assets transferred.
Earlier that week, I saw a notice
about a furniture outlet store located in that general area that was closing and the store was having a
liquidation sale.
WITH rumours
about Paul & Joe suffering money dramas this week - the locked doors of its London stores are due to a restructure, as opposed to
liquidation, the VOGUE.COM news confirmed yesterday - we weren't surprised that the first few looks comprised sensibly tailored coats and a whole sea of extremely safe grey.
I am so sad
about piper lime!!!! Totally would be down with some
liquidation prices though!
Redwood City, CA
About Blog
Liquidation auctions of excess inventory, customer returns and overstock inventory directly from major retailers and manufacturers at BStock Solutions.
They expect to «finalize and implement a store closure, store
liquidation and lease modification plan» as approved by their board, closing
about 30 percent of their 642 stores, or approximately 200 locations, over the next few weeks.
TORONTO — July 19, 2011 — The management of Kobo, a global leader in eReading with over 4.2 million users in more than 100 countries worldwide, has issued comments relating to the ongoing
liquidation of Borders to clarify misconceptions
about Kobo that have been inaccurately reported by the media and misunderstood by consumers.
HP's TouchPad
liquidation sale says a lot
about the company, the tablet market and its ability to keep an e-commerce site running.
Kobo issued a release relating to the ongoing
liquidation of bookseller Borders to clarify misconceptions
about Kobo that have been inaccurately reported by the media and misunderstood by consumers.
Prior to Borders»
liquidation, the retailer was a partner for Kobo and a minority stakeholder in the company, with a share of
about 11 percent.
As always, I worry
about the NOLs being the barrier to
liquidation.
Posted in
About, Activist Investors,
Liquidation,
Liquidation Value, Stocks Tagged Activist, Net Net, WGI Heavy Minerals Inc (TSE: WG) 6 Comments
In some cases of
liquidation it happens that the fixed assets realize only
about enough to make up the shrinkage in the current assets.
Posted in
About, Contrarian investment,
Liquidation, Strategy Tagged Negative Enterprise Value 15 Comments
In the event there is a change in the corporate structure of The Hartford, such as a merger, consolidation, sale,
liquidation or transfer of substantial assets, The Hartford may, in its sole discretion, transfer, sell or assign information collected on and through this Site, including personal information
about you, to one or more affiliated or nonaffiliated third parties.
Posted in
About,
Liquidation Value, Net Cash Stocks, Net Net Stocks, Stocks, tagged Liquidating Value, Net Cash Stock on January 30, 2009 Leave a Comment»
We've written previously
about Chapman's fondness for «asset - rich companies with battered stock prices,» which sees him frequently operating in the universe of stocks trading below
liquidation value.
Posted in
About, Activist Investors, Greenbackd,
Liquidation Value, Stocks Tagged Activist investment, Liquidating Value, Thomas Mellon Evans 4 Comments
I recently bought into a European company that trades at
about 1/3 of its hard asset
liquidation value.
The Board of Trustees of the JPMorgan Asia Pacific Fund has approved the
liquidation and dissolution of the fund on or
about April 29, 2016.
Proceeds of the
liquidation are scheduled to be distributed to shareholders on or
about March 30, 2016.
Posted in
About, Autobytel (NASDAQ: ABTL), Avigen (NASDAQ: AVGN), Axcelis Technologies Inc (NASDAQ: ACLS), Ditech Networks Inc (NASDAQ: DITC), Greenbackd, Greenbackd Portfolio,
Liquidation Value, MathStar Inc (OTC: MATH), Network Engines Inc (NASDAQ: NENG), Neurobiological Technologies Inc (NASDAQ: NTII), Northstar Neuroscience Inc (NASDAQ: NSTR), Rackable Systems Inc (NASDAQ: RACK), Soapstone Networks Inc (NASDAQ: SOAP), Stocks, Vanda Pharmaceuticals Inc (NASDAQ: VNDA), VaxGen Inc (OTC: VXGN) Tagged Activist investment, Autobytel Inc (NASDAQ: ABTL), Avigen Inc (NASDAQ: AVGN), Axcelis Technologies Inc (NASDAQ: ACLS), Ditech Networks Inc (NASDAQ: DITC), MathStar Inc (OTC: MATH), Northstar Neuroscience Inc (NASDAQ: NSTR), Soapstone Networks Inc (NASDAQ: SOAP) Leave a Comment
Proceeds of the
liquidation are currently scheduled to be sent to shareholders on or
about Wednesday, May 27, 2015.
Posted in
About, Activist Investors,
Liquidation,
Liquidation Value, Stocks, tagged Activist, Net Net, WGI Heavy Minerals Inc (TSE: WG) on April 16, 2010 6 Comments»
Posted in
About, Activist Investors, Carl Icahn, Stocks, Value Investment, tagged Activism, Carl Icahn,
Liquidation Value on December 3, 2009 4 Comments»
That's not so much
about the great value I see, more
about making sure the shareholder vote gets approved and we can get this
liquidation done so the value in the existing shares don't get taken down.
You see something in the media
about your investment company going into administration or
liquidation
Posted in
About, Activist Investors, Greenbackd,
Liquidation Value, Stocks, tagged Activist investment, Liquidating Value, Thomas Mellon Evans on October 29, 2009 4 Comments»
Posted in
About, Activist Investors, Greenbackd,
Liquidation Value, Stocks, tagged Activist investment, Liquidating Value,
Liquidation Value on October 28, 2009 6 Comments»
Even some risk arbitrageurs (who have been known to buy just
about anything) avoid investing in
liquidations, believing the process to be too uncertain or protracted.