It is safe to say that the textbook program is off to a great start and students stand to benefit mightily from the low - cost alternative to
buying tangible books in the campus bookstores.
As more and more readers make the switch to the Kindle and the like, there will be even less a reason to
buy a tangible book.
Not exact matches
«In prior years, I explained why
buying back our stock at
tangible book value per share was a no - brainer..
Offering bank investors a view of the company stock, Dimon contended that it still made financial sense for JPMorgan to
buy back shares «even at or above two times
tangible book value» per share, which was $ 53.56 at year - end.
In some cases you have to
buy a digital /
tangible gift card and use the code during checkout and others allow you to send the
book directly to be redeemed via an email address.
It makes perfect sense if you are a voracious reader to
buy a digital
book reader for under $ 100 and then purchase ebooks that cost less then their
tangible counterparts.
Even though I love
tangible books and will never stop
buying them, there is an e-reader in my life because of the dwindling storage space for
books.
However, I do believe that those who support the bookstore and
tangible books are being ripped off in the sense we are not getting a e version with our
tangible book, so we would have to
buy another version if we wanted a e version so
buying the
book twice is not something most people would approve of nor want.
The same adult
buys it in print as a gift for a teenager, who wants the physical
book because to them it is something valuable and
tangible they can display, and share with their friends.
Buying stocks with a price less than or equal to two - thirds of the
tangible book value would have generated an average compounded growth rate of 14.2 %.
Using the measure of
tangible book value per share penalizes acquisitive companies, unless they can
buy companies for less than their
tangible book value per share.
Price below 1.3 x
tangible book,
buy back stock.
I view it as a great sign of strength that, in the worst financial markets since the Great Depression, your company could earn money, grow
tangible book value,
buy Bear Stearns and WaMu and expand our franchise.
Haircut our earnings numbers that analysts project and forecast
buying back, say, $ 10 billion a year for three years at
tangible book value.
If you like our businesses,
buying back stock at
tangible book value is a very good deal.
Unfortunately, we were restricted from
buying back more stock when it was cheap — below
tangible book value — and we did not get permission to
buy back stock until it was selling at $ 45 a share.
Tangible book value is what shareholders of the company can expect to receive if the company were to go bankrupt and takes out items such as goodwill that no one
buys when assets are liquidated.
Further, they have
bought back so much stock that not only is the company's
tangible book value negative, but the unadjusted
book value is negative too.