Posted
in Liquidation Value, Stocks Tagged Donald G. Smith, Liquidating Value, Price - to - book Value Leave a Comment
Posted
in Liquidation Value, Nyer Medical Group Inc (NASDAQ: NYER), Stocks Tagged Liquidation, Nyer Medical Group Inc (NASDAQ: NYER) 5 Comments
Normally we would ignore any apparent «trend»
in the liquidation value on the basis that it would regress to its long - term mean, or stabilize.
The slight reduction
in liquidation value is a direct result of the additional stock on issue, which is the really TRID's whole story: management takes the value that should belong to the shareholders.
Posted
in Liquidation Value, Nyer Medical Group Inc (NASDAQ: NYER), Stocks, tagged Liquidation, Nyer Medical Group Inc (NASDAQ: NYER) on November 3, 2009 5 Comments»
Posted
in Liquidation Value, Stocks, tagged Donald G. Smith, Liquidating Value, Price - to - book Value on October 29, 2010 Leave a Comment»
At its $ 1.92 close yesterday, DRAD is trading at a small premium to its $ 32.5 M or $ 1.73 per share
in liquidation value.
Posted
in Liquidation Value, Seahawk Drilling (NASDAQ: HAWK), Stocks Tagged Liquidating Value, Seahawk Drilling (NASDAQ: HAWK) 4 Comments
Posted
in Liquidation Value, Net Current Asset Value, Net Quick Stocks, Net Quick Value, Seth Klarman, Stocks Tagged Liquidating Value, Net Current Asset Value, Net Net Stock, Seth Klarman 7 Comments
You can just use Graham's liquidation value formula (can be found on the web) and add
in the liquidation value on top of the DCF value.
Not exact matches
In the event of a
liquidation or acquisition, preferred shareholders may receive back at least the original investment
value and, often, a multiple thereof before any distributions are made to common shareholders.
In many cases, the
liquidation value of the assets themselves aren't sufficient to pay back the debt.
Accounting book
value is meant to measure the potential assets available to investors
in the event of
liquidation, and that's simply not a very useful measurement for most equity investors.
The offer does not exceed the
value of Toys «R» Us
in a
liquidation of its assets, said the person, who could not be identified because the decision to turn away the offer is not yet public.
Loss on IRA
Liquidation In rare circumstances it can make sense to liquidate an IRA when your basis in the IRA exceeds the value of the asset
In rare circumstances it can make sense to liquidate an IRA when your basis
in the IRA exceeds the value of the asset
in the IRA exceeds the
value of the assets.
The book describes is
in essence the results of a backtesting study using a simple investment strategy: Benjamin Grahams Net - Nets, stocks trading below
liquidation value.
More due diligence on asset
values is determined before it enters into a commitment, and the
liquidation values of assets are determined and an
in - depth understanding of the financial position of your company is completed to understand the present circumstances.
An individual's
value to his creditors at time of filing a consumer proposal comprises his assets
valued at
liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption
in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less than our debt
in any case.
The difference between our estimates for NTII's net cash
value and its
liquidation value is the $ 9M
in ARS, which we've discounted by 20 % to $ 7.2 M, and which the company believes will eventually yield full
value.
The company's balance sheet has, however, retained some
value (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidat
value (the «Book
Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows the assets as they are carried
in the financial statements, and the «Liquidating
Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows our estimate of the
value of the assets in a liquidat
value of the assets
in a
liquidation):
To reiterate what we said
in our January 6, 2009 letter and have repeated numerous times during our discussions with management, we believe that any action other than the immediate dissolution and
liquidation of the Company is an irresponsible waste of corporate assets and will result
in a severe impairment of shareholder
value.
Additionally, the convertible security allows each Avigen stockholder the choice of receiving cash
in an amount not presently available to them, other than
in a
liquidation scenario, or participating
in what we believe will be growth
in value of the combined entity.
Posted
in About, Activist Investors,
Liquidation,
Liquidation Value, Stocks Tagged Activist, Net Net, WGI Heavy Minerals Inc (TSE: WG) 6 Comments
Our analysis indicates that these payouts, which we believe would be triggered by most «change
in control» scenarios, including a
liquidation, total at least $ 2 million, a significant amount of the Company's entire market
value at the time of adoption.
Posted
in Activist Investors, Aspen Exploration Corporation (OTC: ASPN), Stocks, Tymothi O. Tombar Tagged Activist investment, Aspen Exploration Corporation (OTC: ASPN),
Liquidation Value, Net Cash Stock, Tymothi O. Tombar 3 Comments
MathStar Inc's (OTC: MATH) board has rejected the $ 1.04 per share cash merger offer from PureChoice, Inc. because «the $ 1.04 per share price is less than the
liquidation value of MathStar, including the
value from any technology sale, and,
in the Merger, MathStar's shareholders would derive no
value from MathStar's net operating loss carryforwards.»
There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the
liquidation process
in order to explore risky alternative strategies, courses certain to result
in further diminution of
value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.
Posted
in Forward Industries Inc (NASDAQ: FORD), Net Cash Stocks, Net Net Stocks, Stocks, tagged Forward Industries Inc (NASDAQ: FORD),
Liquidation Value, Net Cash Stock on August 7, 2009 Leave a Comment»
The
liquidation value could be considerably higher again, as we have not included
in the estimate the potential
value of the AV411 assets and program, which could be worth an additional $ 10M to $ 25M or between $ 0.30 or $ 0.65 per share.
Our updated estimate for the company's net cash
value is set out below (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidat
value is set out below (the «Book
Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows the assets as they are carried
in the financial statements, and the «Liquidating
Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows our estimate of the
value of the assets in a liquidat
value of the assets
in a
liquidation):
Our analysis indicates that these payouts, which we believe would be triggered by most «change
in control» scenarios, including a
liquidation, total at least $ 3 million, an incredible 16.5 % of the Company's entire market
value at the time of adoption.
Posted
in Activist Investors, Ditech Networks Inc (NASDAQ: DITC), Greenbackd Portfolio, Lamassu Holdings LLC, Lloyd I. Miller III, Net Cash Stocks, Net Net Stocks, Stocks Tagged Activist investment, Ditech Networks Inc (NASDAQ: DITC),
Liquidation Value, Lloyd I. Miller III, Net Cash Stock Leave a Comment
In each of these transactions, the stock prices declined over 80 % from their liquidation value following the Board's decision to pursue a transaction, resulting in aggregate lost value in excess of $ 200 millio
In each of these transactions, the stock prices declined over 80 % from their
liquidation value following the Board's decision to pursue a transaction, resulting
in aggregate lost value in excess of $ 200 millio
in aggregate lost
value in excess of $ 200 millio
in excess of $ 200 million.
Our analysis indicates that these payouts, which we believe would be triggered by most «change
in control» scenarios, including a
liquidation, total at least $ 3 million, an incredible 20 % of the Company's entire market
value.
Posted
in Activist Investors, Net Cash Stocks, Net Net Stocks, Stocks, VaxGen Inc (OTC: VXGN) Tagged Activist investment,
Liquidation Value, Net Cash Stock, Net Current Asset
Value, VaxGen Inc (OTC: VXGN) 13 Comments
In a worst case scenario, stockholders would receive approximately Avigen's
liquidation value.
whisper numbers on the
value of AV411 are 10mm - 25 mm, which would add.2 -.5
in additional
liquidation value to AVGN if it were sold.
Posted
in About, Contrarian investment,
Liquidation, Strategy Tagged Negative Enterprise
Value 15 Comments
Posted
in Activist Investors, MathStar Inc (OTC: MATH), Net Cash Stocks, S. Muoio & Co, Stocks, tagged Activist investment,
Liquidation Value, MathStar Inc (OTC: MATH), Net Cash Stock on July 15, 2009 5 Comments»
At its close yesterday of $ 0.43 ABTL is trading at its net cash and at a 45 % discount to its
value in liquidation.
Posted
in Activist Investors, MathStar Inc (OTC: MATH), Net Cash Stocks, Stocks Tagged Activist investment,
Liquidation Value, MathStar Inc (OTC: MATH), Net Cash Stock 4 Comments
· the third expiration date extension, the second change to the Minimum Tender Condition (this time a reduction
in the number of shares required to meet this condition), and the increase
in price highlight that the tender offer continues to be inadequate (less than the estimated $ 1.40 per share
liquidation value) and that MathStar stockholders are generally rejecting it — as of July 2, 2009, according to Tiberius, only 672,000 of the 9,181,497 shares subject to the offer have been tendered;
Chapman's oeuvre is «asset - rich companies with battered stock prices» (WSJ.com subscription required) and he often operates
in the universe of stocks trading below
liquidation value.
Like TRID yesterday, MEMS has an veritable treasure trove on its balance sheet (the «Book
Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows the assets as they are carried
in the financial statements, and the «Liquidating
Value» column shows our estimate of the value of the assets in a liquidat
Value» column shows our estimate of the
value of the assets in a liquidat
value of the assets
in a
liquidation):
Posted
in About,
Liquidation Value, Net Cash Stocks, Net Net Stocks, Stocks, tagged Liquidating
Value, Net Cash Stock on January 30, 2009 Leave a Comment»
Posted
in Amtech Systems Inc (NASDAQ: ASYS), Stocks Tagged Activist investment, Amtech Systems Inc (NASDAQ: ASYS),
Liquidation Value Leave a Comment
• G is the expected gain
in the event of a success (usually takeover price o
liquidation value).
IF Soap received something like 4.5 mm for software asset sale, the rest of the
liquidation items could come
in at the minimum (including the lease terminations) and soap would still have a
value of appx.53, above its current.46.
Posted
in Activist Investors, Aspen Exploration Corporation (OTC: ASPN), Greenbackd Portfolio,
Liquidation Value, Stocks, Tymothi O. Tombar Tagged Activist investment, Aspen Exploration Corporation (OTC: ASPN),
Liquidation, Tymothi O. Tombar 15 Comments
Posted
in Activist Investors, MathStar Inc (OTC: MATH), Stocks, tagged Activist investment,
Liquidation Value, MathStar Inc (OTC: MATH), Net Cash Stock on July 13, 2009 2 Comments»