By Abbas Fazalbhoy If the Dow Jones stock exchange was the box office you’d say the theatres were playing a bunch of really bad movies. It all began when the United States was unable to pay its short term loans and was forced to pass The Budget Control Act to increase the debt ceiling and [...]
By Abbas Fazalbhoy When valuing a business, the past is often a good indicator of the future. But, how do we value a business that has no past? One way would be to predict the future based on projected cash flows and assess what its value is today. But for a start-up business with little [...]
By Abbas Fazalbhoy On my visit to the PACK-EX Exposition last week, I had an opportunity to get a holistic view of the latest and greatest in the distribution and packaging industry. One company that really caught my eye was Amsico Group; a European producer of advertising magnets. Amsico’s plethora of products includes magnetic notepads, [...]
By Abbas Fazalbhoy Angels and VCs usually look at financial ratios such as (EV/ Revenue) – Enterprise Value multiple of Net Sales to evaluate the feasibility of an investment. But, “selling a lot and making no money is easy; any one can do it”, says Duncan Bannatyne, Dragon on Dragons’ Den, UK. Thus, Enterprise Value/ [...]
