U.S. Hotel Performance Q4 2020
After a stable Q3 2020, U.S. hotel occupancy and RevPAR have declined considerably in Q4 2020. A detailed analysis on Q4 2020 hotel performance is presented in our newsletter.
Business & Asset Valuations
U.S. Gas Station Convenience Store Update Q3 2020
With a considerable amount of experience operating in a pandemic environment, a detailed analysis of gas station and c-store properties for Q3 2020 is presented in our update.
Rajesh C KhairajaniPartner, KNAV
When Standard Setters are too slow: The Case for Tesla’s 1.5 bn USD Bitcoin Accounting
(Not only) in my opinion, the seminal and still most relevant paper about bitcoin accounting practice was written about three years ago by Deloitte Australia Partner and former IASB member Henri Venter: Digital currency – A case for standard setting activity – A perspective by the Australian Accounting Standards Board (AASB). Based on lots of interesting […]
Matthias MeitnerManaging Partner, VALUESQUE
Tax Treatment Of Transaction Costs Incurred In Re-Organization Transactions- Us
In today’s fast paced global economy, such is the increase in the scale of corporate acquisitions, re-organizations and liquidations that these transactions are almost synonymous with normal business activity now. Companies incur millions of dollars in professional and advisory fees paid to bankers, attorneys, accountants, and other service providers in connection with corporate transactions. Hence, […]
Rajesh C KhairajaniPartner, KNAV
SNP’s Profit Warning and its Order Book: Oh Revenue, where Art Thou?
Schneider-Neureither & Partner SE (SNP) is a German software company, mainly active in the field of data transformation solutions. The company often runs bigger development projects which take several months or even years to be finished. It is a classic investment example of where an order book could help a lot to forecast revenues because […]
Matthias MeitnerManaging Partner, VALUESQUE
BVR 6th Edition Of The Comprehensive Guide To Economic Damages
Nevium’s founders Doug Bania and Brian Buss have updated their two chapters in BVR’s 6th edition of The Comprehensive Guide to Economic Damages, 2021. Chapter 33 Using Internet Analytic Tools for Valuation and Damages Calculations in Internet IP Infringement and Defamation Cases discusses ways in which internet and social media analytics can be used to accurately measure the spread, awareness, and impact of […]
Brian BussPrincipal, NEVIUM
New investment in Premier Modular by Cabot Square Capital secured following advice from Hickman Shearer
Looking to the future, Premier Modular, one of the UK’s leading offsite construction specialists has secured funding with a majority shareholding from Cabot Square Capital. The successful negotiations were supported by insight and support from Hickman Shearer. As a result, the investment will boost the strategic growth of Premier’s business, particularly the modular hire business […]
Tim Chapman FRICS, MScDirector, Hickman Shearer
Understanding ESOPs (2): How Ocado magically palmed 63.6 mio GBP of Expenses
In one of our former blog posts we had a look at the accounting functioning of equity-settled stock option programs (HERE). Today we want to extend this framework for cash-settled programs – or more concretely: for programs that start out as equity-settled and become cash-settled on the way. It gets a bit more complex, though […]
Matthias MeitnerManaging Partner, VALUESQUE
European Banks and the Q3/20 IFRS 9 Overlay – Fundamental vs. Technical Input to Accounting
As a consequence of the experiences made during the great financial crisis 2008/09 the IASB changed financial instruments accounting away from the incurred loan losses approach to a forward looking expected loan losses approach. Concretely, the new IFRS 9 Financial Instruments applies a 3-stage model which requires to classify loans into performing, under-performing or non-performing based on […]
Matthias MeitnerManaging Partner, VALUESQUE
Brian Buss and Doug Bania of NEVIUM participated in The Art of Deal Making: Using External Expertise Effectively
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
Doug BaniaPrincipal, NEVIUM
Brian Buss and Doug Bania of NEVIUM participated in The Art of Deal Making: Using External Expertise Effectively
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
Brian BussPrincipal, NEVIUM
Matthias Meitner of VALUESQUE participated in The Art of Deal Making: Using External Expertise Effectively
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]