Jul 21, 2020More focus on cashflows, not discount rateToo many folks who hail from the 'old' system in investment banks continue to quiz junior bankers on discount rates...
May 4, 2020Valuation and the velocity of informationIn business valuation, the pricing estimates done by analysts can be thought of both right and wrong, until proven by the market.
May 1, 2020Understanding and modelling convertible bondsA convertible bond ("CB") is like the multi-flavored ice-cream: It's not plain vanilla (pun intended). Modelling convertible debt in...
Mar 4, 2020Money is a replaceable resource.Money is the one thing that you can always replace any time or at some point of time in the future - money is just money.
Jan 11, 2020Doing away with quarterly reporting...It’s like streaming a 4K video in standard definition (SD) - it’ll look fine from afar but you won’t get the same clarity close-up.
May 13, 2018Don't list for the sake of listingThere are many merits to taking a company public - prestige and publicity. But sometimes, this is not necessarily the best way.