Not exact matches
Among the biggest
issues oil - and - gas - exploration companies face in the search for new sources of hydrocarbons is putting humans or high -
value assets at risk.
Asset - based lending is more comparable to the traditional loan process, where a lender will evaluate accounts receivable, inventory
values, and fixed
assets to determine creditworthiness, and
issue a line of credit.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new
issues arise regarding
issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair
value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable
assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
The biggest
issue now is — what's the long - term
value of the remaining
assets?
The Barclays U.S. Aggregate Bond Index is a market
value — weighted index of investment - grade fixed - rate debt
issues, including government, corporate,
asset - backed, and mortgage - backed securities, with maturities of one year or more.
The
issue is very simple: U.S. wealth is overstated because the prices of stocks, bonds (particularly corporate), even real estate, are excessive in relation to the replacement
value of the underlying
assets, and the income streams that are derived from them.
Although currently focusing on diamonds, Everledger seeks to address the $ 1.7 trillion global counterfeiting
issue across all
assets of
value.
It would admit an
issue selling at only 9 times earnings and 2.5 times
asset value, etc.)»
Ralph Segreti, Director, Global Inflation - Linked Product Manager Barclays Capital, «Inflation as an
Asset Class» Mike Buttner, Managing Director / CEO Wachovia Bank International «Derivatives, Notional
Value Exposure, Policing Collateral and Safety
Issues for Financial Systems»
The solution to our macroeconomic
issues has been to inflate new bubbles, to inflate
asset values to soften the blow from the last bubble, all the while creating the conditions for the next one.
Now, if a company takes its IPO proceeds and invests them in cash and marketable securities, then as long as it doesn't generate net losses or other liabilities, the company must be worth at least the
value of those
assets, regardless of how much money was raised by
issuing stock.
Open - end funds
issue shares based off the net
asset value, or NAV (the total
value of the
assets in the fund minus its liabilities).
There's no limit to the number of shares
issued by an open - end fund, and the
value of these shares is determined only by the NAV of the
assets in the fund.
A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly
valued fossil fuel
assets and investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of climate - related
issues.37
Language, like money under inflationary conditions, loses its
value as a medium of exchange when
issued in excessive quantity and without regard for the real
assets underlying it.
«Given the sensitivity of having a $ 9 million
valued asset that will be transferred with no economic benefit back to NYSERDA, and given some on going audits in, let's just call it, the business, not related to NYSERDA, is it worth having an independent opinion on this particular
issue?»
«Given the sensitivity of having a nine million dollar
valued asset that will be transferred with no economic benefit back to NYERDA, and given some on going audits in, let's just call it, the business, not related to NYSERDA, is it worth having an independent opinion on this particular
issue?»
When a stock is selling at much less than its net current
asset value, this fact is always of interest, although it is by no means conclusive proof that the
issue is undervalued.
The mutual fund will then
issue shares of which there price is based on the total
value of pooled
assets divided by the total number of shares
issued.
The price to tangible book
value ratio to some degree overcomes this
issue and more closely represents what common shareholders can expect to receive if the firm goes bankrupt and all of its
assets are liquidated at their book
values.
Issued by
Asset Value Investors Limited Copyright ©
Asset Value Investors Limited 2015 Registered in England No. 01881101.
Illiquid
asset Immediate - or - cancel Income bond Income statement Indenture Index Indication of interest Individual Retirement Account (IRA) Industrial revenue bonds Inflation Inflation rate Initial public offering Inside market Insider Instinet Institutional investor Intangible drilling and development costs Integration Interbank market Interest Intermarket Trading System (ITS) Interpositioning In - the - money Intrastate offering Intrinsic
value Introducing broker / dealers Inventory Inverted head and shoulders pattern Investment Investment adviser Investment Advisers Act of 1940 Investment banker Investment Company Investment Company Act of 1940 Investment contract Investment grade securities Investor brochure In - whole call IOC IPO
Issue Issuer
Naked option NASD NASDAQ National Association of Securities Dealers National exchanges National Market System National Medallion Signature Guarantee National Securities Clearing Cooperation (NSCC) National securities exchange NAV Negotiable Negotiated market Negotiated underwriting Net
Asset Value Net capital Net capital ratio Net interest cost Net investment income Net revenue pledge Net proceeds Net worth New
issue Nine - bond rule NMS No - load fund Nominal quote Nominal yield Non-cumulative Nonparticipating preferred stock Nonrecourse loan Non-systematic risk Non-tax-qualified annuity Notice of public offering Notice of sale NYSE NYSE Composite Index
The reason this is a serious
issue is that money market funds have a $ 1 NAV, meaning «net
asset value» rule.
a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par
value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the
asset has died; because investor mortality risk must be taken into account when underwriting
assets that carry a survivor's option, these
assets are more complex and expensive to
issue; also known as a «death put»
If
issued at twice book
value the $ proceeds need only be invested at half the ROE of the pre-existing
assets in order for the EPS to remain the same.
Exor, Henderson Land, Investor A / B, Lai Fung Holdings, Lai Sun Garment, Pargesa, Toyota Industries, Wheelock & Company and a goodly proportion of the
issues held by Third Avenue Real Estate
Value Fund; are selling at discounts from readily ascertainable Net
Asset Values (NAV) of anywhere from 25 % to 75 %.
Investments / Insurance: Not FDIC Insured • Not Bank
Issued, Guaranteed or Underwritten • May Lose
Value The video commentaries presented on this page are provided for informational purposes only by USAA
Asset Management Company (AMCO) and / or USAA Investment Management Company (IMCO), both registered investment advisers.
It is a form of
asset / liability mismanagement, because cash flows in the short run, while the
value of the institution is a long - run
issue.
Since
issuing our December 22, 2008 letter to stockholders, your Board has maintained its commitment to implement a straightforward strategy to get more
value for stockholders than the company's current cash
assets.
Since the book
value of stocks doesn't change that often (because it represents the price the company sold it for, not the current
value on the stock market, and would therefore only change when there were new share
issues), almost all changes in total
assets or in total liabilities are reflected in Retained Earnings.
London Company will act in a prudent and diligent manner intended to enhance the economic
value of the
assets of the Equity and Income Fund's account and will give substantial weight to the recommendation of management on any
issue.
Over 80 % of the Fund's common stock portfolio are in the
issues of extremely well - capitalized companies that were acquired at prices, which at the time of acquisition, represented meaningful discounts from readily ascertainable net
asset values.
One reason for calling such purchases bargain
issues is that usually net - current -
asset values may be considered a conservative measure of liquidation
value.
In contrast, a majority of the common stocks held in the TAVF portfolio are
issues of companies with ultra-strong balance sheets where the
issue was acquired at prices that represent a substantial discount from readily ascertainable net
asset values; e.g., Toyota Industries, Tejon Ranch, MBIA, Millea Holdings, Forest City Enterprises, Radian Group, St. Joe, and Brascan.
If he is to pay some special attention to the selection of his portfolio, it might be best for him to concentrate on
issues selling at reasonably close approximations to their tangible
asset value — say, at not more than one - third above that figure.»
Large index ETFs, which have real - time net
asset values (NAVs), have not helped this pricing problem in fixed income but, in parts of the fixed income market where there is less liquidity (such as high yield bonds), sourcing
issues can be more difficult — particularly in a market sell - off where buyers may not be readily available with sufficient capacity to take on bond inventory.
The content of this website is
issued by
Asset Value Investors Limited («AVI»), 25 Bury Street, London SW1Y 6AL.
The Mutual Fund Series» of the Purpose Funds are
issued from the exact same fund as the ETF, but the key difference is that rather than being purchased and sold on the stock exchange, all purchases and redemptions are done through FundSERV using the end of day Net
Asset Value («NAV»).
There have been two
issues with
asset managers following a «
value» discipline that have «flamed out» during the current crisis.
Yes, Premier
issued a press release on August 15 announcing that it had received ownership «in specie» of the «post 1987» Titanic
assets, some 3,000 objects retrieved from the Titanic wreck between 1993 and 2004 with a market
value estimated to be $ 110 million.
Stable
Value Funds often invest in AAA securities (some are solely invested in AAA securities), and some funds will have above - average exposure to securities credit - wrapped by the financial guarantors, and possibly, to some
asset - backed securities that were rated AAA at
issue, but don't deserve that rating now.
A review of high - yield debt investments should cover: (1) analysis of the industry, including growth rates, special risks and leading companies; (2) analysis of the bond issuer, including the company's position in its industry; new products; management stability; the outlook for growth in revenues and cash flow as captured in Earnings Before Interest, Taxes, Depreciation and Amortization, also called EBITDA;
value of corporate
assets and the debt maturity schedule; and (3) analysis of the
issue, including special provisions in the «bond indenture,» covenants protecting the bondholder, use of the money raised in bond offerings, debt seniority, secondary market liquidity and call provisions.
But it's quite obvious there was a fundamental disagreement between the major shareholders over the
value of NTR» s remaining
assets / liabilities — this whole demerger / redemption / wind - down strategy is a sensible solution to that impasse — so as things stand, any subsequent buyout offer would immediately run into the same
issue...
To buy fund shares, investors send cash to the fund company and the fund company
issues them new shares of the fund at that day's price (the fund's net
asset value, or NAV).
Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: •
Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket
assets the current
value of which is disseminated per share by a national securities exchange at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; •
Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net
asset value and closing market price of the fund's shares, and the premium or discount of the closing market price against the net
asset value of the fund's shares as a percentage of net
asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and other
assets held by the fund.
Extremely low fees, broad diversification and the elimination of many psychological
issues that arise when attempting to
value individual
assets — all good things that are difficult to argue with.
Because a Fund will segregate liquid
assets to satisfy purchase commitments in the manner described, a Fund's liquidity and the ability of the Adviser to manage them may be affected in the event a Fund's forward commitments, commitments to purchase when -
issued securities and delayed settlements ever exceeded 15 % of the
value of its net
assets.
We still think that cash burn is a significant
issue for ACLS, and we suspect that both the liquidation and net current
asset values will be lower at the upcoming reporting date.
Closed - end mutual funds
issue a fixed number of shares, are usually priced by the markets at a discount or premium to net
asset value, and trade normally when the markets are open.