Your post is a very informative explanation of stock valuation, highlighting the need of determining a company's worth prior to its annual shareholders' meeting. This estimate boosts accountability and openness among the company's management and is necessary for shareholders to make informed decisions. You have provided a clear and instructive breakdown of the Dividend Discount Model (DDM) and the Discounted Cash Flow (DCF) model. Understanding the differences between the DDM's focus on dividends and the DCF's inclusion of all future cash flows is essential to understanding how each is applied. You also do a great job of highlighting the underlying assumptions of these models and how they could affect appraisal results. It is important to understand these assumptions and the risks they entail when selecting the right model for a certain company's needs. Overall, your explanation really shows the significance of these valuation techniques and their implications for financial decision-making