Sentences with phrase «at substantial discounts from»

The bond principal and any remaining coupons (the residue) then trade separately from the strip of detached coupons, both at substantial discounts from par.
A majority of the TAVF common stock investments are in companies acquired at substantial discounts from Fund management's estimates of net asset value (NAV), where Fund management believes that prospects are good that NAV will be steadily increased over the long term.
The same is true for other wealth creation common stocks acquired during the quarter at substantial discounts from readily ascertainable net asset values — including the probable real estate values in Alexander & Baldwin and Catellus; the probable securities values in Brascan (including real estate), Phoenix Companies, MONY and Toyota Industries; and the probable values of Assets Under Management (AUM) for BKF and Legg Mason.
While not determinative of security prices in itself, these steady increases in NAV ought to put the odds in favor of the buy and hold OPMI who bought in to equities at substantial discounts from NAVs.
Investors are well advised to make only conservative projections and then invest only at a substantial discount from valuations derived there from.»
Investors are well advised to make only conservative projections and then invest only at a substantial discount from the valuations derived therefrom» Seth Klarman
Incidentally, while poking around at market oil prices, I noticed that while Western Canadian Select (WCS), which is dilbit, does sell at a substantial discount from WTI, upgraded dilbit is selling for a much higher price.
It's at a substantial discount from what you would pay if you bought a single ISBN through Bowker, the official ISBN seller in the U.S.
The observation that Amazon pays traditional publishers based on a wholesale reduction of list, but sells those books at a substantial discount from list, is a valid one... and in fact, we built that assumption into our spreadsheets and pie charts.
The Fund buys at the time the near - term outlook is poor provided the company is well capitalized, if our analysis indicates that the common shares are available at a low price earnings ratio relative to long - term future earning power and / or are selling at a substantial discount from an adjusted, and measurable, net asset value.
The preference, always, would be to buy a long - term franchise at a substantial discount from growing intrinsic value.

Not exact matches

Such rates will generally be higher than what home buyers currently pay, not only because banks now offer substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates at least 85 % of the time.
Nail Jack has also secured the option to purchase a fully equipped, world class tool manufacturing facility and trained workforce from an exiting toolmaker at a substantial discount (they left for China!).
I personally escaped having skin in that game (just) but bought my first flat from sellers in negative equity at a substantial discount to what they had paid a few years earlier, and watched friends suffer.
Zero coupon bonds sell at a substantial discount to their face amount because investors receive no income from them until maturity.
If asked to explain why Toyoda Common, as a marketable security, sells at such a substantial discount from the value of Toyoda's net assets, which are also measured largely by the market values of its portfolio securities, the likely explanation would revolve around something called «investor expectations.»
Although the rule of thumb is that a company won't go public, and probably can't go public, if a common stock issue can be priced only at or below private business value, once a typical, private company does go public, it ordinarily does so at a price which represents not only a substantial premium over private business value but, more importantly, also represents a meaningful discount, usually based on comparative analysis spread sheets, from anticipated market prices for the new issue.
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.
And even if it had, it's obvious (from peer ratings, even today) it would now be valued at a substantial discount to book value.
I note that in the 8 - K filed by the Company yesterday, the Company said it had entered into a subscription agreement to sell shares to your father at $ 1.19 per share, a substantial discount to both the price of $ 1.50 per share that you solicited from us and the current market price of $ 1.57.
The Third Avenue goal in acquiring a common stock is to attempt to acquire the security at a price that represents a substantial discount from the price which would exist were the company a private business or a takeover candidate.
«We buy travel from suppliers at very advantageous rates — rates so low that we can pass along a substantial discount, take our cut and provide gift cards to travelers,» said a company spokesperson.
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