Sentences with phrase «valued at a substantial discount»

And even if it had, it's obvious (from peer ratings, even today) it would now be valued at a substantial discount to book value.

Not exact matches

As a result AIG consistently trades at a substantial discount to book value.

We invest in companies that we believe are priced at a substantial discount to our estimate of their true business value.

We would happily return to the stock should it again sell at a substantial discount to our value estimate.

Our research team works to identify companies that are priced at a substantial discount to what we consider to be their underlying business value — what a rational investor would pay to own the entire business — and then we patiently wait for the gap between price and value to narrow.

While there were no new names added to the portfolio this quarter, we increased our positions in our existing holdings that we felt were still trading at a substantial discount to fair value.

- Applying a 3.5 x revenue multiple to WU.com, which is a discount to Xoom's 4.8 x revenue takeover multiple, and 15x EV / FCF to WU's remaining businesses (retail C2C, C2B, and B2B), which is a substantial discount to MoneyGram's 21x EV / FCF takeover valuation, they derive an intrinsic value estimate of ~ $ 33 per share for WU at the end of 2020, offering ~ 72 % upside, or a 3.5 - year IRR of ~ 20 % including the dividend (3.7 % current yield).

We believe that at our purchase price, the stock traded at a substantial discount to the company's asset value net of debt.

With the enterprise trading at a substantial discount to our estimate of asset value, we believe Chesapeake is an attractive holding.

As always, our focus remains on seeking to exploit the market's short - term mindset and to buy businesses trading at a substantial discount to our assessment of their long - term intrinsic value.

I generally only buy into companies that are selling at a substantial discount, or margin of safety, to my estimate of value for the company so that this way if I do make a mistake in the analysis or valuations then I will still have a chance to make some money.

We look for stocks trading at a substantial discount to our estimate of intrinsic value.

We then require the stocks we add to our portfolio to be trading at a substantial discount to our estimate of that intrinsic value.

The whole premise of value investing lies in purchasing investments at a substantial discount to their intrinsic value.

As always, our focus remains on seeking to exploit the market's short - term mindset and to buy businesses trading at a substantial discount to our assessment of their long - term intrinsic value.

If you aren't already familiar with my blog, Fat Pitch Financials, it is a value investing blog with a focus on wide moat companies selling at substantial discounts and special situations.

Zero - coupon bonds are purchased at a substantial discount and pay their face value upon maturity.

If asked to explain why Toyoda Common, as a marketable security, sells at such a substantial discount from the value of Toyoda's net assets, which are also measured largely by the market values of its portfolio securities, the likely explanation would revolve around something called «investor expectations.»

The same is true for other wealth creation common stocks acquired during the quarter at substantial discounts from readily ascertainable net asset values — including the probable real estate values in Alexander & Baldwin and Catellus; the probable securities values in Brascan (including real estate), Phoenix Companies, MONY and Toyota Industries; and the probable values of Assets Under Management (AUM) for BKF and Legg Mason.

A majority of the TAVF common stock investments are in companies acquired at substantial discounts from Fund management's estimates of net asset value (NAV), where Fund management believes that prospects are good that NAV will be steadily increased over the long term.

The Fund buys at the time the near - term outlook is poor provided the company is well capitalized, if our analysis indicates that the common shares are available at a low price earnings ratio relative to long - term future earning power and / or are selling at a substantial discount from an adjusted, and measurable, net asset value.

Although the rule of thumb is that a company won't go public, and probably can't go public, if a common stock issue can be priced only at or below private business value, once a typical, private company does go public, it ordinarily does so at a price which represents not only a substantial premium over private business value but, more importantly, also represents a meaningful discount, usually based on comparative analysis spread sheets, from anticipated market prices for the new issue.

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.

If the investment is then made at a substantial discount to intrinsic value, then chances of permanent capital loss are minimal.

If you aren't already familiar with my blog, Fat Pitch Financials, it is a value investing blog with a focus on wide moat companies selling at substantial discounts and Benjamin Graham style workouts.

In contrast, a majority of the common stocks held in the TAVF portfolio are issues of companies with ultra-strong balance sheets where the issue was acquired at prices that represent a substantial discount from readily ascertainable net asset values; e.g., Toyota Industries, Tejon Ranch, MBIA, Millea Holdings, Forest City Enterprises, Radian Group, St. Joe, and Brascan.

Being a cash bash buyer is very rare and by being a cash buyer you are able to make offers on bank owned REO properties at a substantial discount to market value.

The goal is to buy companies at substantial discounts to real value and patiently wait for the mispriced security to gravitate towards its real worth.

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.

If you buy at a substantial discount to intrinsic or private market value you can make a mistake and still do just fine.

2008 was the last time in recent memory when were loads of assets in many asset classes available for purchase at a substantial discount to their intrinsic value.

The preference, always, would be to buy a long - term franchise at a substantial discount from growing intrinsic value.

Of course, the real benefit here is the buyback of approximately 10 % of the company's outstanding shares at a far more substantial discount to intrinsic value.

Even with a generous premium, a tender offer (and / or share buybacks) could be executed at a substantial discount to ZMNO's intrinsic value.

Instead, they are purchased at a substantial discount and pay face value at maturity.

Another way to avoid «big losses» is to buy an asset at a substantial discount to its private market 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 valuAt 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 valuat 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.

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.

Given the substantial discount of INFS to its current asset backing, any shares bought back at these levels have a large positive effect on the underlying asset value.

Very occasionally, you'll find a stock with significant proved up / producing reserves / resources that's priced at a substantial discount to intrinsic value.

The intrinsic value here is even more obvious — the company's market cap is at a substantial discount to its net cash / investments.

Given the substantial discount to its current asset backing, any shares bought back at these levels have a huge positive effect on its per share value.

We started following VXGN (see our post archive here) because it was trading at a substantial discount to its net cash position, had ended its cash - burning product development activities and is «seeking to maximize the value of its remaining assets through a strategic transaction or series of strategic transactions.»

[Not to mention where a company's shares are trading at a substantial discount — a new issue of shares would dilute fair value per share].

The fact that the deal was done at a discount to VXGN's $ 0.70 close Wednesday and at a substantial discount to its $ 0.77 — $ 2.00 value in liquidation is frustrating.

Most importantly, it is selling at a substantial discount to its book value and net asset value.

Trilogy had also launched a tender offer for ABTL at $ 0.35 per share, which was 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.

Your estimate for each year is running at a substantial discount to book value.