To: Dr. Lynna Martinez Subject: Calaveras Vineyards Valuation As per your request‚ my associates and I have calculated a valuation for Calaveras Vineyards using the present value of cash flows. We used the valuation of future cash flows method in order to value to value the company. We have come to the conclusion‚ based on a number of future projections‚ that the best valuation of the vineyards is $4‚356‚000 in assets and $1‚104‚000 in equity. The process at determining this valuation was as
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Calaveras Vineyards Calaveras Vineyard was originally established in 1883 to make wine for the Catholic Church. They occupied 220 acres in California out of which 175 acres was occupied by the vineyard. They had now expanded into production of table wines for retailers and restaurants. It had changed three ownerships in the last nine years. The most recent owner was Stout Plc. which was looking to sell Calaveras and the management of Calaveras was the interested party in this transaction. The
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Version 2.1 Calaveras Vineyards In March 1994‚ Anne Clemens‚ a senior vice president at Goldengate Capital‚ received a loan proposal from Tom Howell‚ a managing director with NationsBank=s investment-banking group. The brochure described the prospective management acquisition of Calaveras Vineyards and solicited Goldengate=s participation in the $4.5-million senior financing facility. The facility would consist of a $2-million term loan and a revolving credit of up to $2.5 million. Clemens would
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Goldengate Capital should participate in a $4.5 million management acquisition of Calaveras Vineyards. Located in Alameda Valley‚ California‚ Calaveras Vineyards sits on 220 acres‚ consisting of 175 acres of vineyards‚ and 45 acres of equipment sheds‚ a winery building‚ and a small farmhouse with guestrooms‚ offices‚ and sales room. Strategic Analysis SWOT Analysis Financial Analysis Current management of Calaveras‚ Stout PLC‚ prepared pro forma financial statements for fiscal years ending 1990
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Calaveras Vineyards1. Executive SummaryAs a smaller producer in the California wine industry‚ Calaveras Vineyards is somewhatcomplicated to compare to other‚ larger‚ producers. In analyzing the company we estimated thevalue of the company to be $9.972 million dollars. Its growth rate of 6.67% is considerablysmaller than that of identified competitors. The liquidation value of the company is estimated at$18.277 million dollars; almost double that of its estimated value. Many of the values of thecompany
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Delamere Vineyard Delamere Vineyard “Delamere Vineyard is a small‚ integrated winemaking business in Tasmania‚ specializing in pinot noir (red) and chardonnay (white) wines. Richard Richardson‚ Delamere’s owner and winemaker‚ manages and operates the vineyard and winery largely alone. His products have won praise and awards in the past‚ but Richardson strives continuously to improve. Delamere competes in the high-priced segment‚ in which quality is paramount. Richardson is well equipped as a
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Abstract I chose Martha’s Vineyard as the subject of my School Context Paper. Martha’s Vineyard is New England’s largest resort island and lies seven miles off the coast of Cape Cod in the Commonwealth of Massachusetts. It is accessible by ferry or plane only. The island is roughly one hundred square miles with 124.6 miles of tidal shoreline. Martha’s Vineyard has a year-round population of about twenty thousand residents that grows to one hundred thousand in the summer with an additional twenty
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DELAMERE VINEYARD CASE PROBLEM STATEMENT: Delamere Vineyard struggles to generate a consistent net income during the company’s quest for quality wine. Richard Richardson‚ owner‚ manager‚ and winemaker is concerned about the long term future of Delamere Vineyard. GOALS/OBJECTIVES: Develop the highest quality of Wine Richardson has been known for developing great wine and is constantly looking for ways to improve the overall quality. In 1994‚ customers even stated that his Reserve Pinot Noir
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The Red Vineyard of Vincent Van Gogh was the only painting sold by him during his lifetime. Looking at the painting‚ you can feel the richness of the color and how they harmonize the whole masterpiece. Van Gogh used the colors of orange and yellow together with green and blue which are analogous but at the same time are complementary with each other. It is also visible that the lighting is at low angle which somehow gives an impression of an afternoon or sunset vibes to the painting. In this painting
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MODESTO - Life is back to normal for the Calaveras Redskins football team. The 2014 season which saw the ‘Skins go 5-5 and miss the playoffs for the first time in 17 years‚ is in the rearview mirror. Calaveras‚ along with Mother Lode League rival Sonora Wildcats‚ the Ripon Christian Knights‚ of the Southern League‚ and California State Division IV Champion Central Catholic Raiders‚ took part in a three-day camp at Central Catholic High School‚ in Modesto. “This camp was a great learning experience
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