Sentences with phrase «liquidation value of a company»

Instead of measuring the liquidation value of a company, it measures its zero - growth value, which is a better baseline for equity investors.

We believe this methodology provides for a fair assessment of the potential liquidation value of the Company's balance sheet.

As always, Greenbackd's concern is primarily for the state of the balance sheet and the liquidation value of the company.

It is a miscarriage of fiduciary responsibility to sell for less than the current share price and less than the liquidation value of the company.

That was especially true during the Great Depression, which hammered the market so badly that you could regularly find stocks trading below the liquidation value of the company's assets — conditions that recurred, to a lesser extent, in the 1970s and in early 2009.

Not exact matches

There are several instances where conversion into common could be advantageous to a preferred shareholder including an acquisition of the company at a value well exceeding the liquidation preferences, where common shareholders receive a greater amount of the acquisition proceeds.

Liquidation Value - The amount for which the assets of the Company can be sold, minus the liabilities owed, e.g., the assets of a bakery include the cake mixers, ingredients, baking tins, etc..

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.

But having a note means the investor has a kind of liquidation preference - they will receive value, if any, from the liquidating company's assets, before the founders do.

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 liquidatvalue (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 liquidatValue» 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 liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue 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.

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.

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.

Yet 37 days have passed since the failure of Viprinex, «the sole major asset of the Company,» without the Board communicating or enacting a plan designed to maximize shareholder value through the dissolution and liquidation of NTI assets.

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 liquidatvalue 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 liquidatValue» 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 liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue 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.

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.

We believe the Board's failure to commit exclusively to a transaction that offers downside protection based on the Company's liquidation value suggests that the Board is considering other options, which will put the value of Avigen at risk.

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.

We've written previously about Chapman's fondness for «asset - rich companies with battered stock prices,» which sees him frequently operating in the universe of stocks trading below liquidation value.

Alternatively, if the company flounders and files for bankruptcy, your fractional shares will have a superior priority claim to the liquidation value of the fractional shares than the senior bondholders and other shareholders.

I recently bought into a European company that trades at about 1/3 of its hard asset liquidation value.

Gladstone Capital Corp., a business development company, invests in US small and medium sized companies with EBITDA of $ 3 million, positive cash flows, strong competitive position in an industry, liquidation value of assets and experienced management.

The first being Benjamin Graham's net current asset value method that looks for companies trading for less than two - thirds their current assets less all their liabilities, which is a rough measure of their liquidation value.

Assuming the board acts quickly to salvage what remains of CRC, we estimate the company's per share value in liquidation at around $ 2.45 or $ 15M in toto.

It show a comparison of compound average returns from shells and Special Purpose Acquisition Companies (SPACs), which we previously discussed in the post, Blank checks: Fertile fishing grounds for liquidation value investors:

The company's hard asset value (which excludes the PDL biotechnology business intellectual property) rests mainly on its holding of cash and equivalents contributed by PDL (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 liquidatvalue (which excludes the PDL biotechnology business intellectual property) rests mainly on its holding of cash and equivalents contributed by PDL (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 liquidatValue» 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 liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue of the assets in a liquidation):

alternatives to creating value, we have reviewed your proposal for the liquidation of the Company.

If this was my case, I'd probably submit a limit sell order so as to try and pick out a high for the timing of my liquidation, and lower my limit vs fair value as it got closer to the expiration of your ability to hold the parent company stock.

Instead of the maximization of shareholder value (the number one goal of a corporation according to Aswath Damodaron) we witnessed a good ol' boy board of directors sit back and allow an entrenched management team to either lose or steal millions of assets (at one million a year in salary on a 10MM company, its stealing or akin to stealing no matter what actually happened to the $ 8 per share of liquidation value you mentioned that the company had... just one year ago)... and it raises goosebumps wondering where the millions of dollars actually went... just as I am sure Bernie Madoff's investors are wondering where there money is...

February 17, 2016 Wintergreen Advisers, LLC is pleased that Consolidated - Tomoka Land Co. has hired Deutsche Bank to pursue the directive of Wintergreen's Proxy Proposal: to explore strategic alternatives to enhance shareholder value, including the possible liquidation of assets or the sale of the company.

Net - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading price.

in which he discussed the phenomenon of companies trading below liquidation value.

The stock is up 36.8 % since we opened the position to close yesterday at $ 1.97, giving the company a market capitalization of $ 13.4 M. Following our review of the most recent 10Q, we've estimate the liquidation value to $ 19.5 M or $ 2.47 per share.

But the latest financials for the company, the first to be presented under liquidation accounting, show a liquidation value of just $ 9.25 per share.

The impact of a $ 2M stock buyback at Friday's closing price is to increase per share liquidation value by around 6 % to $ 1.64 and leaves the company with $ 26.3 M in cash and short term investments.

Our updated estimate for the company's liquidation 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 liquidatvalue 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 liquidatValue» 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 liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue of the assets in a liquidation):

Tangible book value is of interest to me because I assume it more closely describes the likely value of a company in liquidation than book value does.

The summary of our estimate for the company's liquidation 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 liquidatvalue 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 liquidatValue» 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 liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue of the assets in a liquidation):

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.

Ultimately companies are valued based on a wide array of metrics in addition to their book (or liquidation value) and dividend stream; profit, return on assets, return on equity, growth rates, future prospects etc..

Me, a value investor thought that buying a company at 55 % of liquidation value, and a single digit multiple of forward earnings would do fine.

Since Emeco is at this point in time mostly a bet on liquidation value one of the most important things to track is how much money the company is receiving for the idle equipment that they are selling, and for the first time since 2009 they sold a bunch of equipment for a significant loss:

Set out below is our summary analysis of the company's balance sheet (the «Carrying» column shows the assets as they are carried in the financial statements, and the «Liquidating» column shows our estimate of the value of the assets in a liquidation):

Currently, the fund is 90 % invested long, with most of those investments in special situations opportunities such as liquidations and companies selling for less than cash value.

We also don't believe the incremental but uncertain future value of the company's NOL in a merged entity offsets the hard cash equivalent value shareholders would receive in a liquidation in the current environment.

What Leon Cooperman is referring to here is that Warren Buffett, with the help of Charlie Munger, was able to evolve his value investing style when Ben Graham style cigar butts companies trading at less than liquidation value disappeared after the Great Depression.

The board's estimate of the company's liquidation value is slightly higher than ours, at $ 1.40 -LSB-...]

B. However, in calculating the liquidation value, the $ 1.36 per Share does not include windup expenses, or the ongoing expense of operating MathStar as a public company during the windup.

After full payment of the Company's outstanding obligations for its leased space and its contractual obligations for design tool leases, and assuming liquidation expenses of approximately $ 500,000, the liquidation value per Share would be approximately $ 1.40.