Sentences with phrase «only on the valuations»

I personally don't own PM but that is not because of any ethical concerns, only because I believe right now is not the best value to put my $ $ to better use, only on valuation basis.

I have based these projections only on the valuations during 1995 - 2005.

Not exact matches

The aggregated value of cash only takeovers so far in 2018 has risen by 33 percent year - on - year while the value of deals using cash and stock has risen by 221 percent, as companies look to exploit their buoyant share valuations.

If it can seal the deal on this new round at the reported $ 24 billion valuation, it will be the second highest - valued startup out there today, ranking only behind Uber.

The face - to - face meetings only inform his long positions, he points out — shorts are based purely on valuations.

The valuation on the S&P 500 is still reasonable enough — a P / E of 16.6, based on trailing earnings, which is only slightly higher than average.

If your loved ones make an investment based on a company valuation of $ 5 million, «it's not a fun dynamic when professional investors come along later on and tell them it's only worth $ 1.5 million,» says Cohen.

Don't expect the IRS to accept a defense based only on the so - called valuation rules of thumb, the industry guidelines that sometimes appear in textbooks or industry newsletters.

This not only will give you a better valuation, but also will help you focus more of your time on building your business.

If Fox's strategy plays out perfectly, Glee «s soundtracks, cast tours and ringtones will not only make money on their own, but attract more eyeballs to the show itself, says Larry Gerbrandt, an analyst with Media Valuation Partners in Los Angeles.

Valuations are the only less - than - ideal factor, with high - yield spreads versus Treasuries — the difference between yields on comparable maturity securities — running around 400 basis points.

To illustrate this cycle, last year, due to the frothiness of the environment, our firm, Icon Ventures, looked at 155 deals and only pulled the trigger on three, with lofty valuations being the primary concern.

Add in a cheap valuation, and this stock not only finds itself on October's Exec Comp Aligned with ROIC Model Portfolio but John B. Sanfilippo & Son (JBSS: $ 59 / share) is also this week's Long Idea.

[16] The LVRs of almost all of those interest - only loans (both owner - occupier and investor) are below 80 per cent (based on current valuations and including offset balances)(Graph 8).

When you look back on this moment in history, remember that rich valuations had not only been associated with low subsequent market returns, but also with magnified risk of deep interim price losses over shorter horizons.

While according to Thomson Reuters there have been on average 1,582 technology companies founded annually during the period between 2003 through 2013 (17,412 cumulatively over the period), an average of only 54 venture - backed companies went public during this period (596 in total)-- and the median valuation for all such IPOs was $ 354 mm.

Only with a real grasp on the true cash flows of the business can one get an accurate measure of the future cash flow growth implied by the stock's valuation.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $ 1.7 billion at its most recent funding round, making it the first of Britain's digital - only banks to reach unicorn status.

But in the unlikely case that investors are willing to send this market into a renewed bubble in the face of extreme valuations, the S&P would only have to advance another 4 % or so on a weekly closing basis to induce us to participate at least moderately.

* This value is hypothetical, for illustrative purposes only, and does not account for possible valuation discounts due to restrictions on the shares, if any.

With all due respect, if there is no way to come up with a value for gold itself aside from where it's currently trading, you're on shaky ground using its valuation to fundamentally measure some other thing that is only vaguely analogous.

Not only did the 2000 - 2002 bear market begin at the highest valuations on record, the recent bull market also began at the highest valuation recorded at the start of such a run.

Cash will again be king as the market will more narrowly focus on awarding value only to the stocks that can generate cash flows in excess of what their current stock valuation implies.

Not only were valuations getting pretty close to fair value on the Rule of 20 scale (19.2 in 04» 10, 18.7 in 04 ’11 and 17.3 in 03» 12, the latter admittedly more reasonable), but economic momentum stalled, leading to a soft patch and rising investor concerns, aggravated by political chaos in Europe and the U.S.

The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.

The YC documents are probably fine in situations where the investor (i) wishes to purchase equity rather than convertible debt, (ii) is otherwise somewhat indifferent on terms other than percentage ownership of the company, liquidation preference and right of first offer in future financings, (iii) is investing at a fairly low valuation (i.e. a couple of million dollars), and (iv) is only investing a small amount (i.e. a couple hundred thousand dollars or less).

Based on the valuation measures most strongly correlated with actual subsequent total returns (and those correlations are near or above 90 %), we continue to estimate that the S&P 500 will achieve zero or negative nominal total returns over horizons of 8 years or less, and only about 2 % annually over the coming decade.

My friends in the industry say this is a ludicrous oversimplification for a number of reasons including (1) Kenney's valuation is based on what he called the «current global market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost of extraction or the fact producers would never dump that much oil onto the market at once and (3) Albertans only get royalties, not the entire amount.

On valuation measures most strongly correlated with actual subsequent S&P 500 nominal total returns, we presently expect negative total returns for the S&P 500 on a 10 - year horizon, and total returns averaging only about 1 % annually over the coming 12 - year period (chartOn valuation measures most strongly correlated with actual subsequent S&P 500 nominal total returns, we presently expect negative total returns for the S&P 500 on a 10 - year horizon, and total returns averaging only about 1 % annually over the coming 12 - year period (charton a 10 - year horizon, and total returns averaging only about 1 % annually over the coming 12 - year period (chart).

Overpaying may be harmful not only to the investors who will find it difficult to achieve their targeted ROI, but may also impact badly on the company itself: Many «unicorns» — who raise more and more capital at higher and higher valuations — are a great example of this, because when (and if) the time comes for their IPO, it's highly likely that they may not be able to live up to their inflated valuation.

If we're living in a low - rate world, and our only option other than holding cash is to buy the S&P at 30 times earnings, or a 30 year treasury at 2 %, or whatever other shitty deal is on offer, and you ask me what we should do, I can only answer the question by asking whether there will continue to be a ready supply of buyers at those valuations into the future.

Valuation is an important driver behind stock prices, and it is based on future expectations that can only be estimated.

In fact, Celgene and Shire are the only large - cap biopharmas with lower valuations based on this particular metric right now.

Moreover, our impression is that equity valuations are actually only mildly less extreme «when you compare the returns on equities to the returns on safe assets like bonds.»

Based on that valuation, BBM would only be worth $ 686 million.

Those passages that appear in Process 3l, 164, and 257,27 are so named because they max, but only may, include a component written from the standpoint of the concept of God as conceptual valuation of eternal objects, although the concept of God as primordial and consequent natures is obviously present in them.28 As a result of this, their compositional and conceptual status is too ambiguous for any solid conclusions to be based on them.

The abstract non-temporal valuation proceeding from the divine primordial nature is not a conscious act on God's part; only the concrete evaluation or actual choice of an initial aim for a given worldly situation is a conscious act on God's part which thus contributes to God's concrescence or ever - growing satisfaction.

All this Wenger talk about players staying is a load Mind games bull??? to bump up the valuation on the players who only have one year left on their contracts.

But Trotters manager Owen Coyle is now insisting on the the 25 - year - old's full release clause valuation of # 17million plus the two youngsters, despite Cahill having only one - year remaining on his contract.

I can only imagine that the Upton Park side have placed this large valuation on the former Chelsea man in the hopes it would scare off interest, but if that was the case they couldn't they just say the following sentence instead «He is not for sale».

I can only imagine that Wenger would have signed both Kante and Lemar if their valuations were on the same par as Sanogo's fee.

Besiktas wanted Kolarov on loan but City told the Turkish giants that they would only consider a permanent deal for a transfer fee that matched their valuation.

Thankfully Manolas isn't the only good CB that we could get on the table and get with an aggressive and proper bid to meet & maybe who knows exceed the other clubs valuation by a bit.

Chelsea are reportedly going to be forced to have to take a hit on their # 50m valuation of Diego Costa, with Atletico Madrid only offering # 30m.

That valuation is based on Götze having only 12 months remaining on his Bayern contract at the end of this season and his reluctance to sign an extension.

«When the SNr decides that striatal valuation signals are strong enough for one action, it releases the brakes not only on downstream structures that allow actions to be executed, but also on the SNc dopamine system, so any unexpected rewards are amplified.»

Please note, the indicative valuation is not a commitment to purchase and is based only on the information provided.

At Berkshire we focus almost exclusively on the valuations of individual companies, looking only to a very limited extent at the valuation of the overall market.

Great post.i think time horizon and diversification are the key factors from my experience.The passive screenens works best on a basket of companies.if you have picked one or two cheap stocks based on valuation only most of the time they are cheap for the right reason and they turns out to be a value trap.However, on basket approach the averages will take care, so winners will take care of the losers.