Doing a DCF but no balance sheet...

ibdreams — Sat, 04 Oct 2008 19:27:17 -0400

I am trying to do a DCF for a company that I only have the income statement for (to make it worse expenses are bunched together so depreciation does not show). How can I get capex or working capital?

I'm thinking it will be easier to just to value with multiples but I dont have access to any programs where i can pull a list of comparable transactions.

A bit confused.. (monetary policy and interest rates)

ibdreams — Sat, 20 Sep 2008 19:36:00 -0400

Okay so the fed said they didn't want to cut the overnight rate to prevent inflationary effects. I'm just wondering won't the few hundered billions used in the bailouts also have the same effect as cutting the interest rates? Where are they getting this money from? Are they doing an open market operation? But won't this reduce the money supply and then increase it again once the money is spent on the bailouts, having no net effect?

Advice for juniors (canada)

ibdreams — Thu, 18 Sep 2008 09:32:26 -0400

What should juniors do in this market?

1)try to get a SA position in hopes of market recovery by full time recruitment next year
2)start studying for lsats
3)other?

affordable suits in toronto?

ibdreams — Tue, 29 Jan 2008 11:52:07 -0500

Anyone know any stores in toronto to get some decent suits? I searched the forums but it only shows for NY

Chances of Canadians getting into top 10 US MBA

ibdreams — Wed, 05 Dec 2007 00:00:01 -0500

Whats the chance of getting into a top 10 MBA in the US with a mid 700 GMAT and over 3.75 GPA with a 2 year analyst stint at one of the Canadian banks or one of the top boutiques?

Difficulty of getting SA positions in Canadian ibanks?

ibdreams — Tue, 04 Dec 2007 21:37:35 -0500

Well job postings for SA positions started going up on career websites and i was just wondering how competitive are SA positions for ibanking in BMO, CIBCWM, RBC etc...

what gpa are we talking, how much stress is on ECs, are interviews fit based or more technical?

Appreciate the help alot.

Morgan Stanley IB in Toronto?

ibdreams — Tue, 13 Nov 2007 17:39:50 -0500

How does it compare to the big banks plus the likes of GMP, Genuity.
Do they do any of the transactions in the Toronto office or is it all sent to US

Question for anyone who interviewd for banks in Canada

ibdreams — Thu, 18 Oct 2007 00:30:04 -0400

Just wondering what kinds of questions do they ask? particularly for cibc wm, rbc, or even any MM bank like gmp/genuity.
Are they more technical, or do they do cases? Do they ask alot about leadership skills from extracurriculars?
would really appreciate any serious replies.

Westwind Partners (Toronto)

ibdreams — Thu, 13 Sep 2007 12:47:51 -0400

I have an opportunity for a summer internship here in investment banking division. I did some research on the company and they seem like a decent boutique. Anyone know about them here?

31 too old for analyst?

ibdreams — Wed, 22 Aug 2007 20:03:37 -0400

By the time my friend finishes undergrad he will be 31 years old. Is he too old to get analyst positions at ibanks?