{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 1875, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": "https://imgproxy.kitesheet.com/Q7vjINvZc6OqmBNsTQ36_hS7BWv9nQgTeCRRAen_3NQ/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTFlNjY4YzBhMzYvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/1", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/0tziV4VfuqZx6F_PudZY7cExOLXOcz7Bv7QqjwFFEcA/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTFlNjY4YzBhMzYvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/VjtY-hR-pRA72BXCwTj7dAZvefn6zj9r-FswALB3-TA/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTFlNjY4YzBhMzYvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/UTSy1RfYF17IuODFx3zu8W8p2CdojVnuvhsC1h0Y1I0/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTFlNjY4YzBhMzYvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 2, "slideType": "disclaimer", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/2", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 3, "slideType": "team_bio", "function": "establish_context", "notes": "The slide establishes credibility by highlighting the firm's ownership stake and past portfolio companies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/3", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-3", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 4, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses parentheses to denote negative returns or underperformance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/4", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-4", "loopMatches": [ { "to": 13, "from": 4, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "890f3863-ef9d-48ab-9dd8-2dda87068154", "evidence": "The document presents Marcato as a champion of shareholder value, opposing the entrenched board and management.", "position": 0, "objective": "To present Marcato as a champion of shareholder value, opposing the entrenched board and management", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.7, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" }, { "to": 13, "from": 4, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "793e3a75-e49f-4da2-9168-a0fa44d88f77", "evidence": "The document presents the cost of inaction and the need for a board change to drive management accountability and maximize shareholder value.", "position": 1, "objective": "To highlight the cost of inaction and the need for a board change", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 9, "from": 4, "beatId": "74467de8-0e61-4fb9-93c7-e3fa4d74e66e", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "The document presents the company's failures, including persistent long-term share price underperformance, failed capital allocation, and poor operating performance.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 5, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a 'Marcato' branding, likely an activist investor presentation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/5", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-5", "loopMatches": [ { "to": 13, "from": 4, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "890f3863-ef9d-48ab-9dd8-2dda87068154", "evidence": "The document presents Marcato as a champion of shareholder value, opposing the entrenched board and management.", "position": 0, "objective": "To present Marcato as a champion of shareholder value, opposing the entrenched board and management", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.7, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" }, { "to": 13, "from": 4, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "793e3a75-e49f-4da2-9168-a0fa44d88f77", "evidence": "The document presents the cost of inaction and the need for a board change to drive management accountability and maximize shareholder value.", "position": 1, "objective": "To highlight the cost of inaction and the need for a board change", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 9, "from": 4, "beatId": "74467de8-0e61-4fb9-93c7-e3fa4d74e66e", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "The document presents the company's failures, including persistent long-term share price underperformance, failed capital allocation, and poor operating performance.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-bbda13f8f3bc", "docSlug": "d91e668c0a36", "documentTitle": "Epiq Systems, Inc. (EPIQ)", "authorId": "07_Marcato", "authorName": "Marcato", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2016-04-06 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 6, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a red circle to emphasize the 83% figure, framing the acquisition as a failure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-bbda13f8f3bc/6", "deckHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-bbda13f8f3bc#slide-6", "loopMatches": [ { "to": 13, "from": 4, "name": "David Goliath", "slug": "16-david-goliath", "bestFor": "Startups, disruptive innovation, competitive displacement", "matchId": "890f3863-ef9d-48ab-9dd8-2dda87068154", "evidence": "The document presents Marcato as a champion of shareholder value, opposing the entrenched board and management.", "position": 0, "objective": "To present Marcato as a champion of shareholder value, opposing the entrenched board and management", "structure": "The Giant's Weakness -> Our Slingshot (Unique Edge) -> The Topple", "confidence": 0.7, "description": "Frame your initiative as the nimble underdog taking on a slow, bloated incumbent" }, { "to": 13, "from": 4, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "793e3a75-e49f-4da2-9168-a0fa44d88f77", "evidence": "The document presents the cost of inaction and the need for a board change to drive management accountability and maximize shareholder value.", "position": 1, "objective": "To highlight the cost of inaction and the need for a board change", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 9, "from": 4, "beatId": "74467de8-0e61-4fb9-93c7-e3fa4d74e66e", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "The document presents the company's failures, including persistent long-term share price underperformance, failed capital allocation, and poor operating performance.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 16, "slideType": "other", "function": "illustrate_case", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/16", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-16", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 17, "slideType": "valuation_table", "function": "analyze_data", "notes": "The table includes a footnote referencing a 2006 Goldman Sachs report for historical context.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/17", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-17", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 18, "slideType": "valuation_table", "function": "quantify_opportunity", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/18", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-18", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 19, "slideType": "other", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/19", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-19", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 20, "slideType": "valuation_table", "function": "analyze_data", "notes": "Includes a specific callout regarding a 2006 Goldman Sachs valuation of the Kukui'ula project.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/20", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-20", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 21, "slideType": "valuation_table", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/21", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-21", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 22, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide highlights that the calculated equity value per share ($29.99) is essentially at parity with the current stock price ($30.00).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/22", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-22", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 23, "slideType": "valuation_reveal", "function": "quantify_opportunity", "notes": "The slide uses maps to visualize land distribution by type (Conservation, Ag/Pasture, Urban) for two islands.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/23", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-23", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 24, "slideType": "valuation_table", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/24", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-24", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 25, "slideType": "precedent_table", "function": "cite_precedent", "notes": "The slide presents two distinct tables for Maui and Kauai land sales over the last 5 years.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/25", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-25", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 26, "slideType": "precedent_table", "function": "cite_precedent", "notes": "The table includes footnotes explaining specific transaction contexts (forced sales, specific valuation inclusions).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/26", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-26", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 27, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/27", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-27", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 28, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a sum-of-the-parts approach to value different land categories and agribusiness EBITDA.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/28", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-28", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 29, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "Includes a red circle highlighting the final equity value per share and premium to current stock price.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/29", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-29", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 30, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/30", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-30", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 31, "slideType": "executive_summary", "function": "establish_context", "notes": "Investor presentation slide by Marcato Capital Management.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/31", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-31", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 32, "slideType": "appendix_data", "function": "analyze_data", "notes": "The slide uses a red oval annotation to draw attention to the 'Real estate held for entitlement and leasing' line item.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/32", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-32", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 33, "slideType": "other", "function": "quantify_opportunity", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/33", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-33", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 34, "slideType": "other", "function": "establish_context", "notes": "The slide uses a map to visually demonstrate the strategic location of the land asset.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/34", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-34", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 35, "slideType": "geographic_map", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/35", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-35", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 36, "slideType": "precedent_table", "function": "cite_precedent", "notes": "The slide uses a map to visually contrast the location of the comparable land sale against the subject 'GY Land'.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/36", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-36", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 37, "slideType": "precedent_table", "function": "cite_precedent", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/37", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-37", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 38, "slideType": "appendix_data", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/38", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-38", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 39, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The valuation methodology uses specific cap rates and per-acre estimates for different assets.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/39", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-39", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 40, "slideType": "timeline", "function": "present_framework", "notes": "The slide uses a timeline framework to demonstrate the longevity and stability of the company's product portfolio.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/40", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-40", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 41, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The table highlights consistent EBIT margins between 9.8% and 11.7% despite revenue growth.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/41", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-41", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 42, "slideType": "kpi_overview", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/42", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-42", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 43, "slideType": "key_takeaways", "function": "summarize", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/43", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-43", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 44, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a bridge table to justify a valuation multiple adjustment.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/44", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-44", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 45, "slideType": "other", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/45", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-45", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 46, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "Includes a red circle highlight around the final implied share price and premium.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/46", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-46", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 47, "slideType": "section_divider", "function": "transition", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/47", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-47", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 48, "slideType": "executive_summary", "function": "establish_context", "notes": "Includes ticker, price, market cap, TEV, 2011 revenue, 2011 FCF, and valuation multiples.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/48", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-48", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 49, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide uses a callout to link the 'Land and housing inventory' line item in the balance sheet to the pie chart breakdown.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/49", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-49", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 50, "slideType": "other", "function": "present_framework", "notes": "The slide uses a process flow diagram to explain the business model.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/50", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-50", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 51, "slideType": "geographic_map", "function": "establish_context", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/51", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-51", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 52, "slideType": "kpi_overview", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/52", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-52", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 53, "slideType": "key_takeaways", "function": "analyze_data", "notes": "Dual-axis chart comparing U.S. (left axis) and Canada (right axis) housing starts.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/53", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-53", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 54, "slideType": "key_takeaways", "function": "analyze_data", "notes": "The chart shows U.S. prices peaking around 2006 and declining, while Canadian prices show consistent growth over the decade.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/54", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-54", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 55, "slideType": "comparison_table", "function": "analyze_data", "notes": "The table uses a standard financial reporting format to compare profitability across regions.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/55", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-55", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 56, "slideType": "key_messages", "function": "analyze_data", "notes": "The slide uses a line chart for historical price trends and a bar chart for affordability ratios to contrast Alberta markets with major Canadian cities.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/56", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-56", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 57, "slideType": "kpi_overview", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/57", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-57", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 58, "slideType": "before_after", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/58", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-58", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 59, "slideType": "key_takeaways", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/59", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-59", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 60, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide highlights a discrepancy between management's guidance and the analyst's conservative assumptions regarding U.S. land sales.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/60", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-60", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 61, "slideType": "comparison_table", "function": "compare_peers", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/61", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-61", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 62, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a peer benchmark table to demonstrate a competitive advantage in capital efficiency.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/62", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-62", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 63, "slideType": "thesis_headline", "function": "analyze_data", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/63", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-63", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 64, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses historical impairment data to argue that competitors have already adjusted their balance sheets to reflect market reality.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/64", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-64", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 65, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/65", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-65", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 66, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a standard financial 'comps' table format to support an investment thesis regarding valuation arbitrage.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/66", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-66", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 67, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The table calculates implied share price using median multiples from comparable companies.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/67", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-67", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 68, "slideType": "peer_gap", "function": "expose_gap", "notes": "The slide highlights a lack of analyst coverage for BRP compared to other companies in the sector.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/68", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-68", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-b5edc1dad033", "docSlug": "66f3a5764229", "documentTitle": "Alexander & Baldwin (ALEX); GenCorp (GY); Brookfield Residential Properties (BRP)", "authorId": "07_Marcato", "authorName": "Marcato Capital Management", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2012-10-01 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 69, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-b5edc1dad033/69", "deckHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-b5edc1dad033#slide-69", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }