Sentences with phrase «were at a large discount»

He learned from Ben Graham that the key to successful investing was the purchase of shares in good businesses when market prices were at a large discount from underlying business values.

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

Brendan Wallace, Fifth Wall Ventures: «Many generic online lending startups will fail or be acquired by large financial institutions at discount valuations.»

This large New York — based insurer is cheaper than its Canadian counterparts, trading at about a 20 % discount to book value.

The discount chain, which is the world's largest company, reported on Thursday that comparable sales at its namesake U.S. stores rose 2.7 % in the third quarter, their 13th straight period of growth.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

By self - funding, Cavale could force INFLCR to build its own track record with its product, clients and revenues, and ultimately raise a seed round at what he believes to be a fair valuation as opposed to giving up a large piece of his new company at a discount, which is often an issue with raising money pre-revenue.

Funding its ballooning deficit, which can't be plugged with asset sales and debt issuance alone, and improving its economic situation are partly why Saudi Arabia, the largest producer in the OPEC oil cartel, disagreed to any cut in production at the December OPEC meeting, and more recently has been discounting the price of oil to its customers.

Given its strong standing amongst its peers, AXP should not be trading at such a large discount.

«Even at a large discount, this is a very problematic IPO,» Hamilton said.

Several large financial institutions have confirmed that all tested records had been used before at Saks Fifth Avenue, Saks Fifth Avenue OFF 5TH, a discounted offset brand of luxury Saks Fifth Avenue stores, as well as Lord & Taylor stores.

Furthermore, certain large manufacturers offer financing and leasing options on their vehicles and also have the ability to market vehicles at a substantial discount, provided that the vehicles are financed through their affiliated financing company.

Deutsche Bank AG (DB) shares were an early mover of note after Germany's largest lender said it will launch its $ 8 billion ($ 8.6 billion) capital raising strategy Tuesday with a rights issue priced at a 35 % discount to last week's close.

If you did convertible debt at a large discount (say 30 %) and it was done only 2 months before you're talking to a VC they will probably grumble about the discount that the previous investor is getting.

Additionally, sellers were willing to transact at larger discounts due to the lack of buyers willing to buy at premium prices as a result of the aforementioned volatility.

Since 1970, their average P / E multiple has been about two - thirds of the S&P, and 90 % of the time utility stocks have sold at a larger discount than they do today.

We think that adjustment has gone too far because today large businesses tend to be priced at a discount.

We do believe, however, that business values increased more than stock prices, so we begin 2012 enthusiastic that stocks are now priced at an even larger discount to our value estimates.

Here's how it worked: You commit to accumulating large blocks of shares of a Hong Kong - listed stock every day for, say, 12 months at a discount to the share price when you sign up.

This puts central banks in a position where they will have attempt to control interest rates not by discounting lending, but by buying debt from the government directly, so that markets don't price the new issuance at a level that would destroy the nation's ability to service a debt load that is growing larger all the time.

In addition, as you can see below, European large caps are also cheap compared to their small - cap and mid-cap peers, selling at a near 20 % discount, among the widest discounts in the last 22 years.

GE is trading at a large discount to our estimate of intrinsic value, and we are glad to welcome it back to the portfolio.

Although we have reduced our estimate of SKY's intrinsic value, we continue to remain shareholders, as we believe its standalone business is still trading at a large discount to the company's true worth.

Large - cap consumer staples companies are trading at an 11 % discount to the S&P 500.

The Italian government holds the largest stake in Enel, and it is trading at what we think is an unreasonable discount to the European utility sector.3 The company has a new CEO, nominated by Italy's Prime Minister Matteo Renzi, who has been given a mandate to clean up the corporate structure, drive down costs and drive up earnings.

Delta CEO Ed Bastian did, however, announce that the company is looking at whether to end discounts with other «politically divisive» organizations after Georgia lawmakers punished the airline by removing the jet fuel tax exemption from a larger bill.

When a management believes that it is acquiring a business at a larger discount to value than its own stock sells at, we are happy to see our capital spent on acquisitions.

«A family should be together on Sundays,» Olszewska said after buying some food at a local Biedronka, a large discount supermarket chain.

It is sold through larger store chains, as well as at Amazon and other discount online shops.

Millions of dollars are at stake here — not to mention the larger issue of whether the enticement of rebates and discounts induces FSMCs to put more sugary, salty and highly processed food in our lunch rooms.

Make friends with local butchers and try to get inexpensive cuts of meat that aren't often requested at a discount (turkey necks, organ meats, large knuckle bones, etc..

At that time while was in college, after I started the blog I also enrolled in the Institute for Integrative Nutrition which is like the world's largest nutrition school, it's an online school, a yearlong program which I highly recommend if anyone has any questions on that you can definitely let me know and I also have discount codes available to have $ 500 off any program as an ambassador for them.

She told me they sell for $ 65 in her shop, most retail sellers offer a large discount if an item is purchased at the flea market versus their retail shop, so they must be available somewhere, but I am sorry, that is all of the information I gathered.

I had previously tried on these polarized sunglasses at a large retailer but the discount and customer service could not be beat at EZ Contacts.

They have a very large collection of games (that you can also purchase at discounted prices) and the staff were incredibly helpful - helping our indecisive group pick out a game and set it up.

Everywhere About Blog Discount Dance Supply is the leading dancewear catalog and online retailer in the United States with the largest selection of name brand products at the absolute lowest prices.

When we calculate present values of earnings (discounted at 3 %) for a young person, we find that lifetime earnings in vocational education are larger in Switzerland, but lower in Denmark and Germany.

The car had 68,000 thousands miles on it, and it had a few dents big and large scratches; so I was able to get it at a huge discount that was way below blue book value, because no one else wanted her.

At these prices, there is no meaningful discount between the Eclipse Cross and larger compact crossovers.

«Our strategy has been pretty consistent: to price the vehicles much closer to their expected transaction prices and to avoid large cash discounts, particularly at launch,» Ford spokesman Jim Cain said.

We are here to help you every step of the way by offering a large selection of quality used RVs at discount prices.

Books at these stores are discounted heavily and do not offer the same margins of some larger - ticket products.

Maybe that sounds crazy, BUT, usually the difference in royalties is large enough that you have at least a couple dollars» worth of room to move, so a discount code could help sell print books and make you a better profit!

Amazon is talking about ebook sales going to authors while print book sales would go to Hatchette and if Hatchette had agreed to this - showing they cared about their authors - Amazon would go back to large restocking / reorders on print books, discounting print books instead of selling them at the absurd high prices set by Hatchette which they've been complaining about, and re-enabling pre-order buttons.

Wholesaler - A wholesaler can be a company, group or an individual who will buy large quantities of books from a publisher for a discounted rate and then sell them to a retailer at a midlevel rate.

If you're right — and the books aren't being sold at deep discount to Amazon (like they often are to Wal - Mart and other large accounts)-- then where are 80 - 90 % of the books being sold, and so cheaply?

This is a valid concern, but do not forget, that eBooks are very easy to make, and account for a large percentage of residual income, as it is easier to track a discounted older ebook, then it is a second hand book found at a used book store.

So if your book is normally priced at the high end of the $ 5.99 sweet spot, and you discount it to the lower end, say $ 2.99, you need to run it for several days, and you must have a lot of reviews and a large fan base.

These days, a large number of e-books are available with the Audible feature, professional narration that you can add to the book, usually at a discount over the Audible version only.

What you want to determine is whether your royalty would be greater at 70 % or 35 % for the discounted price (because of the delivery fee, if the file size is large, it may actually be greater at 35 %).