Sentences with phrase «liquidation value discounts»

To arrive at NNWC, Jae Jun discounts the current asset value of stocks in line with Graham's liquidation value discounts, but excludes the «Fixed and miscellaneous assets» included by Graham.

He calculated NNWC by discounting the current asset value of stocks in line with Graham's liquidation value discounts, but excludes the «Fixed and miscellaneous assets» included by Graham.

Not exact matches

These are businesses that aren't great or good businesses, but that are still FCF positive and trading at a significant discount to liquidation value, after giving most of the weight to current assets and assigning little value to fixed assets.

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.

Downside Protection: Based on our analysis, subsequent to the transaction, if MediciNova is unsuccessful Avigen stockholders will receive a modest discount to the current liquidation value of Avigen (which we estimate to be approximately $ 1.20 / Share, net of debt and expenses), as determined by an independent auditor.

At its close yesterday of $ 0.43 ABTL is trading at its net cash and at a 45 % discount to its value in liquidation.

Buffett in his early career made his fortune buying extremely low - quality business like Berkshire Hathaway, which was a dying textile business, at extremely low multiples of cash flow and / or discounts to liquidation value, so called net nets.

Greenbackd is so called because it was initially solely devoted to stocks trading at a discount to net cash value (stocks backed by a surplus of Greenbacks, hence «Greenback'd»), net current asset value, negative enterprise value, or liquidation value.

Liquidation value is calculated by discounting the value of all assets, including non-current, by factors that seem appropriate to the nature of the assets and their marketability.

Greenbackd has traditionally acquired shares at a huge discount so the over-estimation of the liquidation value may not seem that important.

While IKAN is still trading at a discount to our calculation of its liquidation and net cash values, without a catalyst our investment thesis is gone, so we're exiting the position.

It's trading at its 52 - week highs, but its settlement of a court case with the State of New York means that it's at a greater than 60 % discount to its liquidation value on a sum - of - the - parts basis.

When you lose millions of dollars when invested in a public corporation that at all times had a 40 % discount to your estimate of liquidation value, (and no debt with positive cash flow) it helps to have a sense of humor...

We believe CTO is trading at a massive discount to the value of its underlying assets and that a liquidation or substantial asset sale is in the best interests of the CTO shareholders.

Interested as I am in the firm as a going concern, as opposed to its liquidation value, I would likely assess the probability of a cash shortage and that would lead to an estimated cost of capital for future CF, but if I discount further the value of negative CF there's a risk of double dipping on the cash burn situation.

However, after liquidation, the investor stands to gain more value if the stocks had been purchased through a brokerage, since sale costs through the DSPPs were much higher compared to a discount online brokerage.

My favorite stocks are those trading at a substantial discount to net current assets or liquidation value, with an activist pushing for a catalyst to unlock the value.

FORD is trading at a substantial discount to its liquidation and net cash values.

As you can see, WGI trades at a meaningful discount to both its estimated liquidation value and its book value.

Graham understood why these sort of stocks — also known as «net - net», «net - quick» or «net current asset value» stocks — traded at a discount to liquidation value:

Are shares still trading at a discount to liquidation value?

The value investment philosophy as first described by Benjamin Graham identified targets by their discount to liquidation value.

We started following FORD (see our post archive here) because it was trading at a discount to its net cash and liquidation values, although there was no obvious catalyst.

Further research by Tweedy, Browne has indicated that companies satisfying the net current asset criterion have not only enjoyed superior common stock performance over time but also often have been priced at significant discounts to «real world» estimates of the specific value that stockholders would probably receive in an actual sale or liquidation of the entire corporation.

They are trading near liquidation value... and at a huge discount relative to the stock market.

At its $ 4.10 close yesterday, ASYS is trading at a little under 10 % discount of our estimate of its value in liquidation.

Given that it has continued to generate positive operating cash flow and earnings in a difficult operating environment, we think ASYS represents very good value at a discount to its liquidation value.

Behaviour like this — issuing stock at a discount to liquidation value when competing offers are available — raises red flags for us about KONA management's lack of regard for KONA stockholders.

Since value investors attempt to buy securities trading at a considerable discount from the value of a business's underlying assets, a liquidation is one way for investors to realize profits.

Accordingly, when a stock is selling at a discount to liquidation value per share, a near rock - bottom appraisal, it is frequently an attractive investment.

We need to see the full terms of the offer, but it seems to be pitched at a large discount to MATH's liquidation value.

This is a very small criticism, and ASYS has the option to increase the buy - back in subsequent quarters if the stock price continues to trade at a discount to liquidation value.

If it doesn't, the discount to liquidation value provides some downside protection.

TSR Inc (NASDAQ: TSRI) is an interesting play at a discount to liquidation value and an ongoing cash flow positive business.

He bought stocks that were trading at a significant discount to their liquidation value, which he calculated — conservatively — from the balance sheet.

The only concern for us is the continued issuance of stock and options at a huge discount to liquidation value.

At its $ 1.69 close Friday, FORD is trading at a substantial 46 % discount to its $ 2.47 per share liquidation value and $ 2.07 per share net cash value.

With ZLC trading at a substantial 33 % discount to its value in liquidation and Breeden continuing to buy stock, ZLC seems like a good bet to us.

Of concern is the continued issuance of stock and options at a huge discount to liquidation value.

Trilogy has now launched a tender offer for ABTL at $ 0.35 per share, which is at our estimate of ABTL's $ 15.4 M or $ 0.34 per share net cash value, but at a substantial discount to our estimate of ABTL's $ 24.3 M or $ 0.54 per share liquidation value.

Priced at a discount to VXGN's net cash and liquidation values, and payment in the watered scrip of a speculative biotech play, it's a real dud for VXGN shareholders (see our more detailed take on the terms of the VXGN / OXGN deal).

The title is a nod to Benjamin Graham's landmark 1932 Forbes article, Inflated Treasuries and Deflated Stockholders, where he discussed the large number of companies in the US then trading at a discount to liquidation value:

We continue to be concerned by the continued issuance of options at a huge discount to liquidation value.

COBR's value in liquidation is predominantly in its $ 22.8 M in receivables, which we have discounted by a fifth to $ 18.2 M or $ 2.82 per share, and $ 29.6 M in inventory, which we value at $ 19.8 M or $ 3.06 per share.

It is also priced at a discount to VXGN's net cash and liquidation values, and payment is to be made in the watered scrip of OXGN, a speculative biotech play (see our more detailed take on the terms of the VXGN / OXGN deal).

We started following ACLS on January 8 this year (see our post archive here) because it was trading at a discount to our estimate of its liquidation value with an activist investor, Sterling Capital Management, holding 10.7 % of its outstanding stock.

Buy backs effected at deep discounts to intrinsic value, and particularly at deep discounts to liquidation value, create lots of value for remaining stockholders.

We've been following ASPN (see our ASPN post archive) because it's trading at a discount to its $ 1.17 per share liquidation value and there are several potential catalysts in the stock, including a 13D filing from Tymothi O. Tombar, a plan to distribute substantially all of the net, after - tax proceeds from the completion of the Venoco sale to its stockholders ($ 5.3 M), and the possibility that the company will dissolve.

HAWK is cheap as a going concern, but with its market capitalization at $ 113M, it's now at a hefty discount to its liquidation value.

It's not cheap enough to buy more, and it's still trading at a big discount to liquidation value.