Dombey Capital
Guides
Methodology from the Dombey Capital research desk: how we screen, read the filings and date the catalyst behind each special situation.
Special SituationsHow to Screen for Net-Net Stocks: A Step-by-Step GuideBuild a net-net screen from raw balance sheet fields: set the universe, compute NCAV, filter for stale data and liquidity, rank, then verify by hand. · 8 min read
Special SituationsHow to Evaluate a Tender Offer: A Step-by-Step GuideA nine-step method for holders deciding whether to tender, sell in the market or hold: documents, conditions, proration scenarios, timing and tax. · 8 min read
Special SituationsHow to Value a Litigation Outcome: A Step-by-Step GuideValue a lawsuit as a stock catalyst: map the outcomes, set probabilities and damages, take out fees, funders, tax and time, then compare with the price. · 9 min read
Special SituationsHow to Analyze a Spin-Off Form 10: A Step-by-Step GuideA step-by-step method for turning a spin-off Form 10 into a standalone valuation: amendments, EBITDA bridge, debt, per-share value and the parent stub. · 9 min read
ValuationHow to Build a Base and Worst Case: A Step-by-Step GuideBuild a base case and a worst case for a stock: pick the drivers, set each one from the filings, add time and dilution, then compare both values with the price. · 9 min read
Special SituationsHow to Calculate a Merger Arbitrage Spread: Step-by-StepAn eight-step method to calculate a merger arbitrage spread: deal value, dividends, hedge costs, closing date, annualized return, downside and implied odds. · 8 min read
Explore all 18 guides by topic
Every Dombey guide, grouped by what it covers.
Special Situations
Valuation
Research Process
- How to Track Insider Buying With Form 4: Step-by-Step Guide
- How to Write a Dated Investment Thesis: Step-by-Step Guide
- How to Build a Catalyst Calendar: A Step-by-Step Guide
- How to Find Stocks Trading Below Net Cash: A Step-by-Step Guide
- How to Read a 10-Q for Special Situations: A Step-by-Step Guide
- How to Read a Proxy Statement: A Step-by-Step Guide
- How to Search SEC EDGAR Filings: A Step-by-Step Guide
Options and Catalysts
Research access
Research published before the catalyst, kept on the record after it.
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