Business Valuation Resources, LLC

LEAPS and the DLOM

Date: Thursday, July 12, 2012
Time:
10:00am-11:40am PT / 1:00pm-2:40pm ET
Format: A BVR Webinar

Earn 2 CPE credits
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Register for this program:

Webinar - $179
Training Pack* - $179
Webinar & Training Pack* - $269
Webinar & LEAPS and the DLOM - $225
Webinar, Training Pack* & LEAPS and the DLOM - $341

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More information is available below

Featuring (click image for more information):

Ronald M. Seaman
FASA
DLOM, Inc.

Why You Should Attend

In this exclusive webinar BVR welcomes author and valuation expert Ronald Seaman for an examination of the application of Long-Term Equity Anticipation Securities (LEAPS) in determining Discounts for Lack of Marketability (DLOM). Seaman's presentation in "LEAPS and the DLOM," coming hot on the heels of his just-published book of the same title, will address the knowledge and practices of applying LEAPS methodologies. This presentation will also review the results of the fourth LEAPS study, released in 2010 and will cover the DLOM in general, and where it may be headed in today's economy.

Agenda

  • Introduction
  • About LEAPS and how to find the data you need
  • How to use LEAPS - a case study
  • What factors are most important in determining the DLOM
    • Are earnings more important than revenue size?
    • Are dividends more important than the debt/equity ratio?
  • About LEAPS on Exchange Traded Funds (ETFs)

Learning Objectives

  • Learn where to find and how to apply LEAPS data
  • Learn how LEAPS are applicable in DLOM determinations and which advantages they present in this analysis
  • Learn how LEAPS satisfy the desires of many courts for improved DLOM determination

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Admission to this event authorizes one computer and phone connection for one location. These connections may be transferred users and/or locations. Multiple concurrent connections for a single admission registration are not allowed.

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Admission to this program includes one CPE certificate for one individual. Any additional listeners requesting CPE must pay a processing fee assessed at the completion of the online CE survey for this course.

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CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 2 Credit Hours (Specialized Knowledge & Applications)

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Training Packs

BVR's Training Packs are an indispensable addition to any valuation reference library, or the perfect alternative when you cannot attend the session live.

Each Training Pack is delivered approximately 2-4 weeks after the program has aired, and includes:

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  • Audio file (MP3
  • Transcript of the presentation
  • A copy of the presentation slides
  • A copy of the reading materials, visual aids, and handouts

Please note, CPE is not available with Training Packs.





Leaps and the DLOM

Authored by Ron Seaman, Leaps and the DLOM is an indispensible resource for every valuation practitioner. Ron has been studying the universe of Long-Term Equity Anticipation Securities (LEAPS) for five years to understand what they show about discounts for lack of marketability (DLOMs), which are key attributes in the valuation of closely-held shareholdings and other interests. Such discounts are frequently a significant reduction in the value of those holdings. Thus, courts and valuation practitioners are requiring better, market-based substantiation of the discounts. Leaps and the DLOM includes the 2010/11 Study and comparisons to earlier years, industry studies, and more LEAPS on Exchange Traded Funds (ETFs).


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