Shah v Shah & Mister Dee International plc (2011)(High Court)(family trading company shareholder dispute, including separate trial of property and
company valuation issues)
Not exact matches
If Mr. Musk were somehow to increase the value of Tesla to $ 650 billion — a figure many experts would contend is laughably impossible and would make Tesla one of the five largest
companies in the United States, based on current
valuations — his stock award could be worth as much as $ 55 billion (assuming the
company does not
issue any more shares over the next decade, which is unrealistic).
The
valuation helped him and his partner pinpoint
issues that might trouble an independent outsider, such as the
company's reliance both on certain key employees and on major customers.
His deep - value philosophy can be boiled down to four points: he's looking for high - quality stocks that protect against the downside; he wants businesses where short - term
issues have caused investors to abandon the
company; he wants to wait until
valuations are «out - of - this - world» cheap, and he tries not to pay attention to macro
issues like eurozone debt or Chinese growth.
The
issue of Uber's
valuation is hardly academic amid a boardroom battle over control of the
company.
By self - funding, Cavale could force INFLCR to build its own track record with its product, clients and revenues, and ultimately raise a seed round at what he believes to be a fair
valuation as opposed to giving up a large piece of his new
company at a discount, which is often an
issue with raising money pre-revenue.
Potenza has been finding opportunities in short - duration corporate bonds
issued by relatively resilient, well - run
companies with strong balance sheets, improving credit profiles, and fair
valuations.
Now let's suppose a
company raised its seed round by
issuing a convertible note that had no
valuation cap but did have a 20 % discount to the Series A round.
The fair value of our common stock has been determined in accordance with applicable elements of the practice aid
issued by the American Institute of Certified Public Accountants, Valuation of Privately Held Company Equity Securities Issued as Compens
issued by the American Institute of Certified Public Accountants,
Valuation of Privately Held
Company Equity Securities
Issued as Compens
Issued as Compensation.
Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and
Valuation Guide,
Valuation of Privately - Held
Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
Company Equity Securities
Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party
valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private
company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our
company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
It is a good
company, but agree
valuation could be an
issue.
Davis also provides financial advisory services primarily related to the
valuation of privately - held equity and debt
issued by financial services
companies and advisory related to capital structures and M&A.
The discussion about p / e ratios and other
valuation ratios derived from
Company -
issued GAAP accounting financials is idiotic.
Prescience Point Capital Management conducts in - depth investigations of public
companies, which often uncover fraud, misleading business practices or significant
valuation issues.
The
issue is compounded by the fact that
valuations are soaring, and
companies are trading based on future projections that may never materialize.
The research is clear: Investors should seek the rare
companies with a manager like Henry Singleton — described by Warren Buffett as having «the best operating and capital deployment record in American business» — at the helm, who only buy back shares at trough
valuations, are miserly with options, and only
issue shares when the share price exceeds the stock's intrinsic value.
These
issues included failures to offer the option to buy stock to other
company employees and the performance of prohibited transactions relating to the
valuation of stock and promoter fees.
* Accounting
issues: in one sense this takes the fourth point to an extreme - the stock market's
valuation of a
company is flawed, not because it's focusing on the wrong metrics but because profits or other key financial data are being flattered or even fabricated by
company management.
IFRS - reported NAV and
valuation changes are excellent benchmarks or clues as to what wealth exists for the
company, and what wealth creation has occurred during the period for which the accounting statements were
issued.
Given Visteon's multiple internal and external catalyst's, highly attractive absolute
valuation and the outsized spread between the
company's «when
issued» shares and the already depressed
valuation's of its global competitors, we think that the stars are aligning for bargain hunting investors to generate spectacular returns of 30 % + in a short period of time with relatively low risk.
Notwithstanding the overall
valuation of the market, with our long - term approach to investing, we believe there are always opportunities to make new investments in attractive
companies, particularly where consensus opinion appears overly pessimistic regarding a short - term
issue.
2The Bloomberg
Valuation Service (BVAL) curve is populated with U.S. dollar - denominated senior - unsecured fixed - rate bonds
issued by domestic
companies with a BBG rating of investment grade.
It is a good
company, but agree
valuation could be an
issue.
Equities primarily
issued by
companies in developed countries, with a combined focus on
valuation and market action.
Because the probability that a Dividend Aristocrat is high quality
company and it's price will be above average; the most important
issue with buying Dividend Aristocrats is
valuation.
Valuations can be done on assets or on liabilities (e.g., bonds
issued by a
company).
He has litigated, arbitrated and mediated cases involving banking (workouts, foreclosures, «lender liability,» and other aspects of loan enforcement and collection), real estate (developer disputes, landlord / tenant litigation, broker commission disputes, boundary disputes and adverse possession), partnerships and family - owned businesses (
issues involving
company control, buyouts and
valuation), real estate finance (default resolution, servicing and lien priority, trust disputes and guardianships), intellectual property (prosecution and defense of cases involving trade secrets, trademarks, copyrights and patents) and other matters involving various contract and business tort claims.
«A mosaic of perspectives on legal, political, economic, and regulatory
issues that drive
company valuations and country investment prospects.»
Additionally, he took
issue with the court's
valuation of the
company.
William M. Connolly defends
companies in complex litigation in state and federal courts across the country, with an emphasis on consumer class actions, claims against professional service firms, and commercial litigation involving
issues of business
valuation or complex economic damages.
Cable television
company headquartered in the Midwest, with respect to system
valuation issues
Because of these
issues, the International Private Equity and Venture Capital
Valuation Guidelines specifically state that all private equity and venture capital firms should use valuation multiples to value their portfolio companies,
Valuation Guidelines specifically state that all private equity and venture capital firms should use
valuation multiples to value their portfolio companies,
valuation multiples to value their portfolio
companies, not DCF.
These cases present difficult and extremely complex
valuation issues particularly when private equity, hedge fund and venture capital holdings are involved, as well as direct ownership in
companies generating millions of dollars of income, both domestically and internationally.
We have handled extremely complex accounting
issues, receiverships and business
valuations for S corps, C corps and limited liability
companies, among others.
If the
valuation issues can not be resolved with each side having engaged their own experts, and the case proceeds to trial, the loyalty of the
company's accountant to the business - owning spouse can have a significant impact on the perceived credibility of this expert witness, should he or she be required to take the witness stand.
They typically involve consideration of
company valuations, international trusts, and jurisdiction disputes, among many other complex
issues.
The acquisition of Mediachain and the Spotify team's dedication to solve
issues in regard to royalties and creator compensation, which could potentially emerge as a major financial setback in the future, demonstrate the
company's eagerness to justify its
valuation to its investors and its presence in the music industry.
The Vision Fund is presently seeking to acquire some of Uber's existing shares at a
valuation that's closer to $ 45 billion but would also purchase a new set of
company -
issued stock at a price closer to the $ 69 billion figure, according to previous reports.
Everyone can think of recent high profile examples of a non-financial (or at least not materially financial)
issue having a massive impact on a
company's
valuation.
Prepared
valuation analyses and cash flow models on prospective acquisitions using ARGUS; and recorded acquisition / sale of 1031 properties on multiple entities Prepared quarterly financial reports for tax auditors using QuickBooks, including all supporting schedules for 10 - K and 10 - Q filings Created / Maintained lease briefs for newly acquired assets and performed due diligence for prospective acquisitions Managed and reconciled cash for
company and 1031 exchange properties; and acted as primary contact for all treasury management
issues Filed annual business property statement and recorded estimated income tax payments — state and federal Created accounting procedures manual and supervised / trained assistants to perform accounts payable tasks Consulted with property accountants to resolve discrepancies in monthly financial reports Provided executives, shareholders, lenders and investors with monthly, quarterly and annual financial reports Ensured compliance with loan covenants and tenant in common (TIC) agreements
With the preeminence of options in the corporate world, and the emergence of «reporting» but non-listed corporations [often those
issuing «junk bonds» to the investing public,] private
company analysis, research and
valuation can now rely more than before on the tools developed by analysts of public securities.