RE:Rover
LETS JUST say as an example ACQ pays out 100% EPS right now and it doesn't decrease (say it was $2) Say this has a beta of 1.4 which you can find be doing a regression or using the cov of acq and market returns over market returns variance. and continuing simplicity assume the annual Risk Free rate is 2% being extremely optimistic!. Now usuing CAPM to try to determine a discount rate for what this is paying us...we have (assuming the market risk premium is 8% which it is slightly under but we are being optimistic here.) We use r=2%+1.4(8%)=13.2% and use this to find the capitalized value of our div. which is 100% payout of $2...(which for 2015 it is fairly lower!) So we have P=$2/.132=$15.15...so as a dividend play this is nearly double that and half this stocks value is derived as the present value of growth opportunities!!! When growth has/is most likely going to stall for the forseeable future unless they are silly and continue expanded while they should be cautious. Anyone smart would step back and wait till like next summer before dumping more money in this since there are WAY better dividend stocks out there who's growth is not under question...or whose business is focused in a commodity driven market.
https://www.bloomberg.com/news/articles/2015-11-08/global-gdp-worse-than-official-forecasts-show-maersk-ceo-says
--oil's going down through December ROVER