My conservative estimate of value was $ 0.15 and the shares are trading at a price half that.
That's with a very
conservative estimate of the value of worldwide airport lounge access and no valuation given to the fourth - night - free - on - paid - hotel - stay benefits, the six free rounds of gold in the first 12 months, and the category bonuses.
Not exact matches
The suggested fixes include capping loans at 65 per cent
of the home
value, introducing new and more
conservative means
of estimating how much a residence is worth, and amortizing the loans (meaning that borrowers would have to repay the principal within a certain time frame, as in a mortgage, whereas now they can simply keep paying interest on their HELOCs).
Though some media outlets have reported the theft as the greatest in the history
of cryptocurrency, the
value at press time
of the 650,000 bitcoin (a
conservative estimate) that were stolen from the MtGox exchange, which was headquartered in the same Tokyo neighborhood as Coincheck, totaled over $ 7 billion.
Using
conservative assumptions, they
estimate that WU.com will account for 27 %
of Western Union's enterprise
value in 2020, up from 11 % in 2016.
The goal
of this write up is to put forth a
conservative estimate of where EBITDA will be following the recontracting and establish a
value for the shares.
As we explained last quarter, we believe that these more cyclical businesses are appropriate for a
conservative balanced fund given their large discounts to our
estimate of intrinsic
value, which provide a healthy margin
of safety.
Such
conservatives,
estimated by pollster Daniel Yankelovich as one American in five, are actually somewhat marginal to the mainstream
of national life, have few polished spokespersons, and are given to unsophisticated and vehement expression
of their resentment about assaults on their convictions and
values.
The model provides a
conservative estimate of soot's impact, he says, because the simulated concentrations
of soot were generally lower than real - world
values over the last 40 years.
Losey and his colleague Mace Vaughan
of the Xerces Society for Invertebrate Conservation undertook the task
of estimating the monetary
value of insect activity in the U.S. Confining themselves to four activities that could be rigorously calculated — processing cattle dung, controlling pests, pollinating plants and serving as food for wildlife — the scientists derived
conservative figures for the
value of these services.
For a
conservative estimate of your home's market
value, try using the Federal Housing Index Calculator.
So just multiplying the
value by P (default) is
conservative — it's at least slightly underestimating the
value of the bond (but maybe not enough to make up for our optimism in
estimating P (default)-RRB-.
Jay Hill: We try to buy companies at two thirds or less
of a
conservative estimate of what Benjamin Graham called intrinsic
value, with intrinsic
value defined as what the business would be worth in an acquisition or by
estimating the collateral
value of its assets and / or cash flow.
At the end
of the day the portfolio is a mix in terms
of quality, but in every case we're paying a price we believe is well below a
conservative estimate of fair
value.
Both
of these companies at purchase were trading at significant discounts from our
conservative estimates of intrinsic
value, and Michelin also currently pays us a very attractive annual dividend.
There is nothing precluding a high growth stock from trading materially less than a
conservative estimate of its intrinsic worth, and thus becoming a
value investment.
Projecting the
value of a dollar over the next 30 years causes the lender to take a
conservative estimate that is a little higher than actual costs to ensure that the loan does not lose money.
However, let's be ultra
conservative and say they fire sale it for $ 50 mm (While at the lab I collected
estimates on the resale
value of the equipment in the lab and
estimated the actual property inside to be worth $ 10 mm at a minimum).
In any case, today's price
of $ 6.95 / share is still a substantial discount to the company's
estimated «
conservative value»; about a 45 % discount to the
conservative valuation.
A
value of 1.4 cents per point or mile is a
conservative estimate, based on the methodology explained below, for the
value a typical consumer can get from airfare redemptions.
Investors trade based on large differentials between current price and intrinsic
value of a business (based on a
conservative estimate).
Based on this new Pro-Forma EUR 3.04 to EUR 4.04 NAV range, I'll use the lower tertile
of the range (i.e. weighted 2/3: 1/3 towards the
Conservative end
of the range) this time» round to determine my best
estimate of NTR's updated intrinsic
value — this equates to a EUR 3.37 Fair Value per s
value — this equates to a EUR 3.37 Fair
Value per s
Value per share.
«Generally speaking, my ideal portfolio would have 12 - 20 well - diversified 50 - cent dollars (e.g., stocks trading at half
of my
conservative estimate of their intrinsic
value),
of which roughly five were 10 % positions and rest were 5 - 9 % positions,» Tilson wrote.
I prefer a
conservative reserves - based approach to valuation, so this will actually reduce my intrinsic
value estimate for the moment — but in return the company receives a $ 20 million completion payment, and obviously there's substantial future
value to be realized from 140 M
of carry payments (plus another 20 M
of contingent payments).
Actually I did forget one thing, partly because I didn't have the new 10K to hand as I was finishing this article — if you look at Note M, ASFI
estimates the fair
value of their receivables at $ 20 mio higher than their carrying
value — another confirmation
of their
conservative accounting, and another v significant positive in light
of their current market cap.
According to my
estimates, assuming
conservative historical underwriting profitability (combined ratio
of 96 %), 5 % after - tax investment return, and Markel Ventures» 2013 pre-tax profits, then taxing the sum
of those three pieces and applying a 14x earnings multiple, I arrive at an intrinsic
value base case
of $ 900-1000 / share.
First, instead
of using an ensemble
of models to calculate the 66th percentile
of runs that result in 1.5 C warming, they use a range
of possible climate sensitivity
values that ends up providing a more
conservative estimate of what it would take to exceed 1.5 C.
While the exact
value of these subsidies can be difficult to pin down, even
conservative estimates add up to a substantial percentage
of the
value of the power nuclear plants produce — approaching or even exceeding 100 percent in the case
of legacy subsidies and subsidies to new privately - owned reactors (see chart).
Values greater than 1.0 are a
conservative estimate of areas
of consistent model response, as noted in Section 9.2.2 above.
Corporate and institution litigants frequently
value outstanding legal claims based on the submitted
value of the claim or
conservative estimates of the trial outcome.
Because insurance companies must guarantee death benefits and a minimum schedule
of cash
values in most policies (except variable life policies), they must be
conservative when
estimating the
values of the various premium pricing factors (interest, mortality, expenses, lapse rates, and risk loading factors) used to compute the required premiums under any particular premium payment plan
of insurance.
When Christin took other factors into account, like the possibility
of Silk Road users buying bitcoin to fund their dark market purchases and then trading bitcoin back to fiat currency, the number
of potential transactions attributed to Silk Road activity could double from a
conservative estimate of 4.5 % to as much as 9 %
of all bitcoin trading activity, as measured by traded
value on exchanges at the time.
This strategy was employed because the t ratio and associated p
value obtained for each individual predictor is an
estimate of how much variance is explained by that predictor after accounting for the variance explained by all
of the other predictors in the model (Bryk & Raudenbush, 1992), and as such, is a
conservative estimate of the utility
of any given predictor.
First and foremost, my goal is to figure out a
conservative estimate of a property's
value.