Credit Suisse | Investment Banking Pitch Book | 49 slides

Credit Suisse · 2017-10
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 2
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Deck intelligence map

5
coverage by narrative range · generated from this deck JSON

Slide inventory

49
every slide · same image gating as the playbook
01
Slide 1
front_matter
Open slide detailBeat · Situation & ContextLoop · Golden Circle
02
front_matter
Open slide detailBeat · Situation & ContextLoop · Golden Circle
03
transition
Open slide detailBeat · Situation & ContextLoop · Golden Circle
04
The slide outlines the timeline of exclusivity, the financial terms of the offer, the status of legal documentation, and the scope of the financial analysis prosummarize
Open slide detailBeat · Situation & ContextLoop · Golden Circle
05
Includes a stacked bar chart showing upfront cash vs CVR, and a detailed table of valuation multiples and premiums.quantify_impact
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
06
The slide uses a standard table format to present legal and financial deal terms.summarize
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
07
Includes specific financial figures regarding NOL carrybacks and tax refunds.summarize
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
08
The slide outlines specific adjustments made to tax projections since the previous board discussion on 8/31/2017.summarize
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
09
Includes sensitivity analysis on discount rates and timing of refund receipt.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
10
Includes detailed assumptions regarding tax refund timing, audit risks, and discount rate methodology.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Pattern Hunter
11
transition
Open slide detailBeat · Solution & ApproachLoop · Pattern Hunter
12
The slide uses a timeline-annotated line chart to correlate stock price fluctuations with specific strategic events.analyze_data
Open slide detailBeat · Solution & ApproachLoop · Pattern Hunter
13
Includes volume data as a bar chart overlay and a summary table of performance metrics.analyze_data
Open slide detailBeat · Solution & ApproachLoop · Pattern Hunter
14
Includes a disclaimer banner at the top right and source/note information at the bottom.summarize
Open slide detailBeat · Solution & ApproachLoop · Pattern Hunter
15
Includes a performance table and a time-series line chart.compare_peers
Open slide detailBeat · Solution & ApproachLoop · Pattern Hunter
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transition
Open slide detailBeat · Solution & Approach
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transition
Open slide detailBeat · Solution & Approach
18
The table highlights performance variance with green (beat) and red (miss) dashed boxes.analyze_data
Open slide detailBeat · Solution & Approach
19
Includes red dashed boxes highlighting specific time periods (FY'14-15, FY'16, FY'17 Guidance).summarize
Open slide detailBeat · Solution & Approach
20
Includes two quotes from Tim Conway (Aug 2, 2017) and two charts illustrating market trends.summarize
Open slide detailBeat · Solution & Approach
21
The slide uses a structured table format to categorize assumptions by financial line item (Loan portfolio, Spreads, Credit, Funding, etc.).summarize
Open slide detailBeat · Evidence & Proof
22
The chart is split between historical (2014-2016) and projected (2017-2020) data.analyze_data
Open slide detailBeat · Evidence & Proof
23
The slide includes a disclaimer about Q1/Q2 2017 performance impacts.analyze_data
Open slide detailBeat · Evidence & Proof
24
The slide contains a detailed multi-year financial model output.analyze_data
Open slide detailBeat · Evidence & Proof
25
The table shows cash flow from operations and investing/financing activities, leading to an ending cash balance.analyze_data
Open slide detailBeat · Evidence & Proof
26
Includes a table showing quarterly projections for permitted payments basket and adjusted net income from Q2 2017 to Q4 2020.analyze_data
Open slide detailBeat · Evidence & Proof
27
transition
Open slide detailBeat · Evidence & Proof
28
The table uses red dashed boxes to highlight specific cells where guidance was revised.analyze_data
Open slide detailBeat · Evidence & Proof
29
The slide uses a numbered list format to categorize financial adjustments.summarize
Open slide detailBeat · Evidence & Proof
30
Includes numbered callouts (1-4) highlighting specific variance drivers, with a legend explaining the callouts.analyze_data
Open slide detailBeat · Evidence & Proof
31
The slide compares two different management forecast vintages (Feb 2017 and Sept 2017) against Wall Street consensus.analyze_data
Open slide detailBeat · Impact & Next Steps
32
transition
Open slide detailBeat · Impact & Next Steps
33
The slide uses a gradient arrow at the bottom to indicate similarity to the primary subject (Osprey).compare_options
Open slide detailBeat · Impact & Next Steps
34
Includes a regression line with R-squared value of 74.6%. Highlights a theoretical liquidation value threshold at 1.00x P/TBV.analyze_data
Open slide detailBeat · Impact & Next Steps
35
Includes a detailed legend and source footnotes at the bottom.compare_peers
Open slide detailBeat · Impact & Next Steps
36
transition
Open slide detailBeat · Impact & Next Steps
37
Includes a 'preliminary' disclaimer and detailed footnotes regarding share counts and valuation assumptions.compare_options
Open slide detailBeat · Impact & Next Steps
38
The table includes specific footnotes regarding pro-forma adjustments and data sources.compare_peers
Open slide detailBeat · Impact & Next Steps
39
The table calculates implied equity value and per share value based on a selected multiple range of 0.70x to 0.90x applied to a $622M TBV.analyze_data
Open slide detailBeat · Impact & Next Steps
40
Includes a list of precedent transactions with financial metrics and a valuation summary table.cite_precedent
Open slide detailBeat · Impact & Next Steps
41
Includes detailed footnotes regarding calculation methodology and assumptions.analyze_data
Open slide detailBeat · Impact & Next Steps
42
appendix
Open slide detailBeat · Impact & Next Steps
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transition
Open slide detailBeat · Impact & Next Steps
44
Includes specific commentary on JCT review timelines and tax refund mechanics.analyze_data
Open slide detailBeat · Impact & Next Steps
45
Includes a table of options and warrants with exercise prices.analyze_data
Open slide detailBeat · Impact & Next Steps
46
Includes a disclaimer box at the top right and source/footnote at the bottom.analyze_data
Open slide detailBeat · Impact & Next Steps
47
transition
Open slide detailBeat · Impact & Next Steps
48
The chart uses a grouped bar chart format to compare two different premium calculation methodologies across various percentage buckets.compare_peers
Open slide detailBeat · Impact & Next Steps
49
other
Open slide detailBeat · Impact & Next Steps