Techniques in Finance & Valuation 1 What is Valuation? Valuation: Methods of quantifying how much money something should be exchanged for today‚ considering future benefits. We will teach 4 valuation methods Trading Comparables Transaction Comparables Sum-of-the-Parts Valuation Discounted Cash Flow Analysis (DCF) $ 2 Why is Valuation important? Acquisitions: How much should we pay for the company? Divestitures: How much should we sell our company for? Sell-side Research: Should our clients
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IPO Process in Bangladesh Submitted to: Md. Lutfur Rahman Assistant Professor‚ Department of Business Administration‚ East West University‚ Dhaka. Submitted by: Name | ID | Arafat Rauf | 2009-2-10-345 | FIN 335 Section: 3 Fall: 2011 Date of Submission: 15th December 2011 Executive Summary | This term paper gives us a practical experience while passing through the theoretical understanding. The report is the result of our understanding about what are IPO and IPO listing
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SUBJECT: COMPANY VALUATION CASE STUDY: BIOTECHNOLOGY S.A Prepared by: Tran Ngoc Minh (MEBF 5th) Assignment: Company Valuation Case Study: BioTechnology Student: Tran Ngoc Minh – MEBF 5th TABLE OF CONTENT I. Introduction of company valuation methods and process........................................................3 1. Abstract................................................................................................................................3 2. Valuation methods.........
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steep sales commissions to people who purchase them) beat the market. One common test that has been performed is to take buy and sell recommendations from a group of advisers or mutual funds and compare the performance of the resulting selection of stocks with the market as a whole. Sometimes the advisers’ choices have even been compared to a group of stocks chosen by throwing darts at a copy of the financial page of the newspaper tacked to a dartboard. The Wall Street Journal‚ for example‚ used to have
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| THE Google IPO | Understanding IPO Pricing Alternatives | MF Case 5 Group 9: | Angela 1113809238 | Jason 1113809011 | Jeff 1113809018 | Simon 1113809237 | 3/11/2012 | | Table of Contents 1 Google versus Baidu (Dutch Auction vs. Book Building) 1 2 Alternative IPO pricing methods 2 2.1 Book Building 2 2.1.1 Hallmarks of book building: 2 2.1.2 Green Shoe Option 2 Dutch auction 6 2.1.3 Sealed-bid price-discriminatory auction 6 2.1.4 Sealed-bid uniform-price auction
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ASSIGNMENT on IPO PROCESS OF BANGLADESH Course Title: Financial Institution and Market Course Code: FIN 335 Submitted to Md Lutfur Rahman Assistant Professor East West University Date of Submission- August 1‚ 2012 Submitted by Subha Sayeed 2010-1-10-082 Md. Shazzad Hossain 2010-1-10-183 (Sec-3) Sharmin Sultana 2008-3-30-047 Sazzad Khan Mahmud 2009-2-10-107(Sec-3) LETTER OF TRANSMITTAL August 1‚ 2012‚ Md. Lutfur Rahman Assistant Professor East West University
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Netscape Summary August 8‚ 1995 had taken an unexpected turn for Netscape Communications Corporation’s board of directors. Earlier that morning‚ the day before the company’s scheduled initial public offering (IPO)‚ Netscape’s lead underwriters proposed to the board a 100%increase in the original offering price from $14 to $28 per share. Founded in April 1994‚Netscape Communications Corporation provided a comprehensive line of client‚ server‚ and integrated applications software for communications
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Name: Roll no: 2011203 Div: Finance B MMS II Law assignment: IPO Promoters Role INTRODUCTION The Securities and Exchange Board of India (Sebi) has tightened rules governing promoter contributions in initial public offerings by mandating a one-year lock-in period on such holdings from the date of allotment of shares to other shareholders of the company. Presently only 20% of the promoters’ share in the IPO is subject to such lock-in. Sebi has introduced this and a slew of other changes
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Valuation & Accounting Global November 2001 Valuation Multiples: A Primer Global Equity Research www.ubswarburg.com/researchweb In addition to the UBS Warburg web site our research products are available over third-party systems provided or serviced by: Bloomberg‚ First Call‚ I/B/E/S‚ IFIS‚ Multex‚ QUICK and Reuters UBS Warburg is a business group of UBS AG Valuation Primer Series Peter Suozzo +852-2971 6121 s peter.suozzo@ubsw.com Stephen Cooper +44-20-7568
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value of Wal-Mart’s stock price is $60.20. The most recent closing price of Wal-Mart stock was $53.48. Given this information‚ the constant growth DDM valuation suggests that the Wal-Mart stock is currently undervalued. * Utilizing the two-stage DDM approach‚ the value of Wal-Mart’s stock price is $83.95. Similar to the constant growth DDM valuation conclusion‚ the Wal-Mart stock is currently undervalued. * The capital asset pricing model (CAPM) was used to determine the appropriate required
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