Therefore, considering all facts at this point, I'd argue there should be pretty much a zero incremental impact on Argo's intrinsic value — despite
the prospective decline in revenue & profits.
Not exact matches
While Scenario II only uses
prospective CAGRs which are 50 % of Record's actual FY - 2012 / 2016 growth /
decline rates, except no change
in dynamic hedging & currency for return fee rates is assumed — resulting
in future
revenue of # 29.9 million & a 4.71 p EPS.
Scenario I maps out respective AUME / management fee rates
in 5 years time, using
prospective CAGRs which are 50 % (except for passive hedging AUME, at 33 %) of Record's actual FY - 2012 / 2016 growth /
decline rates — resulting
in future
revenue of # 24.6 million & a 3.38 p EPS.
In determining
prospective child support, the trial judge noted that
revenues were
declining, but held that a five year average of the income available to the payor would be the fairest method of determining his Guideline income.