Not exact matches
CALGARY —
After three straight years of losses, Canada's oil industry is expected
to return to profitability this year.
The Volkswagen Group
returned in 2016
to profitability after a difficult 2015.
After a devastating $ 4.5 billion loss in 1991, GM
returned to profitability in the first quarter of 1992.
Waterstones, which had sales of over # 400 million last year, has
returned to profitability over the last two years
after almost collapsing in 2011 when it was hit by a combination of high debt and declining book sales in the face of competition from electronic readers.
After years of depending on non-book items
to boost
profitability, Canada's dominant bookstore chain wants
to return its focus
to selling actual books.
According
to my estimates, assuming conservative historical underwriting
profitability (combined ratio of 96 %), 5 %
after - tax investment
return, and Markel Ventures» 2013 pre-tax profits, then taxing the sum of those three pieces and applying a 14x earnings multiple, I arrive at an intrinsic value base case of $ 900-1000 / share.
After a few months of working
to create a legal project management competent work environment, a bankrupt law practice
returned to profitability (in steadily increasing proportions).