Sentences with phrase «holding company discount»

The holding company discount gives us some, though not total, protection.

If the underlying assets are compounding nicely — you shouldn't assume a holding company discount is correct just because the market applies one to the stock.

I can understand a holding company discount, especially when management of the holding company has done some odd things in the past.

For one thing, in conventional security analysis, many believe that there ought to be a «normal holding company discount» of around 20 %.

Even in 2017, a holding company discount is a little - understood phenomenon in finance.

A holding company discount represents a great hidden opportunity for investor profit.

You'll discover much more as well, including how to unlock the underlying value in a holding company discount, and how dividend yields can be misleading in the search for value.

Not exact matches

The company was acquired in August by South Africa's Steinhoff International, a holding company and discount retailer, for $ 3.8 billion.

Germany currently sits at a 15 % historical price - to - earnings discount to the eurozone and at a 32 % discount relative to the U.S. (Source: MSCI) According to Bloomberg, German companies also have strong balance sheets, holding approximately one - quarter of Europe's cash.

Unfavorability ratings for the three major rental car brands associated with Enterprise Holdings Inc. — Enterprise Rent - A-Car, Alamo and National Car Rental — all more than doubled among surveyed adults after they learned about the companies ending discounts for NRA members.

A standard liquidity discount of 5 percent is applied to most closely held companies where assets may be hard to sell.

The Italian government holds the largest stake in Enel, and it is trading at what we think is an unreasonable discount to the European utility sector.3 The company has a new CEO, nominated by Italy's Prime Minister Matteo Renzi, who has been given a mandate to clean up the corporate structure, drive down costs and drive up earnings.

I am assuming that once the core business is sold and the company is simplified into essentially a holding company that the discount on Alibaba shares will narrow to 20 %, which I believe is conservative.

Instead, we limit our holdings to just 15 to 25 companies that we feel we can make a reasonable assessment of their fair value and which currently trade at a discount to that valuation.

Companies selling at a substantial discount to sales include Compass Diversified Holdings, Labor SMART, and Kelly Services (NASDAQ: KELYA).

Germany currently sits at a 15 % historical price - to - earnings discount to the eurozone and at a 32 % discount relative to the U.S. (Source: MSCI) According to Bloomberg, German companies also have strong balance sheets, holding approximately one - quarter of Europe's cash.

If you have Warren Buffett like skill, can find good growing companies trading at a large discount before everybody else does, and a history of 20 % + yearly returns, I advise you to stick with Buffett's contemporary buy - and - hold - forever strategy.

If you're a buyer, a discount to NTA may present an opportunity to buy the basket of companies held by the LIC for a discount to their collective stock market price.

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 %.

According to Srichandra, when one fund holds another the two companies typically negotiate a discounted fee, which are commonly referred to as Series O funds, or an institutional series fund.

These plans usually allow you to buy company stock at a discount and if you hold onto it for a year, you are able to claim long term capital gains and pay taxes at 15 %.

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.

Sometimes holding company stocks trade at a discount to a sum of the parts even if the parts are individually publicly traded.

Not only does an investor avoid brokerage fees, but companies sometimes offer shares at a discount for investors who are enrolled in DRIPs because companies often want to hold on to their cash.

Then there is Steel Partners (SPLP), a holding company trading at a discount to NAV, where many of the listed companies it holds positions in are, themselves, trading at a discount to intrinsic value; so two levels of discounts.

Holding companies could henceforth offer discount brokerage services, but the traditional separation of banking and commerce was maintained.

When analyzing a stock that trades at a discount to net asset value — whether it is an insurer, a closed end fund, or a holding company — you need to look for reasons apart from market perceptions why the stock should be valued that way.

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.

the size and nature of the Fund's holdings; (iv) the discount from market value of unrestricted securities of the same class at the time of purchase and subsequent thereto; (v) information as to any transactions or offers with respect to the security; (vi) the nature and duration of restrictions on disposition of the security and the existence of any registration rights; (vii) how the yield of the security compares to similar securities of companies of similar or equal creditworthiness; (viii) the level of recent trades of similar or comparable securities; (ix) the liquidity characteristics of the security; (x) current market conditions; and (xi) the market value of any securities into which the security is convertible or exchangeable.

However, like most holding companies, Dundee typically trades at a discount to the market value of the assets it held.

Of course, we must acknowledge the gap between a company's share price and its intrinsic value can sometimes be a long & difficult journey... But in terms of a key event / catalyst, this Sunday Times story (from March) is critical: «Tom Roche, the largest shareholder in NTR, has wrested back control of his 38 % stake in the investment firm after a receiver was appointed to the company that holds the stock... It is understood Roche had been seeking a substantial discount on the borrowings guaranteed by shares in NTR... Roche, who is the chairman of NTR, won a last - minute reprieve by writing a cheque for the full amount of the loans last Monday».

There are clearly reasons why the units trade at a discount to NAV; there is the illiquidity of the units, small size of the market float and thus lack of institutional interest, as well as the opacity of the holding company's structure.

In 2018, each company was offered a discounted booth at TECHSHOW, along with an opportunity to present their product during the well - attended showdown held on Wednesday, March 7th.

«It is a basic fact in finance literature that there is a liquidity premium for easily saleable, publicly traded securities, and an illiquidity discount for closely held companies whose stock is not saleable.»

You are likely to be eligible for a car insurance discount simply by holding Homeowners, Renters or Condo insurance with the same company.

The company also offers discounts for insurance policy holders who have a history of a responsible credit usage or who hold long - term policies and / or multiple policies.

Many insurance providers offer discounts to their customers when they hold more than one policy with the same company.

Discounts can come from a long list of situations, including insuring more than one motorcycle, taking a specified safety course, being a member in good standing of an approved motorcycle association, being a «mature rider», holding a motorcycle instruction certification, and insuring your car and automobiles with the same company.

Additionally, some insurance companies may offer discounts for clients who also hold other insurance policies with the same company, most notably car insurance.

It may not seem to hold much potential, but some insurance companies offer discounts of up to 20 percent for multiple policy holders.

Companies often offer discounts for customers who hold multiple policies with them.

Enterprise Rent - A-Car — whose parent company Enterprise Holdings also operates Alamo and National rental car companies — also made a Twitter announcement late Thursday that it was ending discounts to NRA members, effective March 26.

They can either receive interest in the form of cash on their loan to the company or they can receive Tokens at a discounted price, which will likely hold great utility value, hold value through their developers protocols and may be tradeable through registered exchanges.

The company indicated that the Trusts do not currently operate a redemption program: there can be no assurance that the value of the shares will approximate the value of the respective digital asset held by each Trust and the shares may trade at a substantial premium over, or discount to, the value of the digital assets held by each Trust, if traded on any secondary market in the future.

The company has said that tokens will bear characteristics of both a utility and a security, as investors can either use them to receive discounts on platform trading fees or hold them to receive a portion of tZero's profits.

Company president Cameron McNeill said at a press conference held in Port Moody that all units have been discounted at least 25 per cent and the discount could reach as high as 40 per cent.