Analysis of Annual Reports for Personal Investment
Topic: Analysis of Annual reports for personal investment
1. Executive Summary
Assignment Background:
In this assignment, I take the role of an investor looking to invest an amount of USD 50,000 in the capital of a public limited company.
To wisely invest, one needs to do a thorough comparative study of the annual reports, stock market performance, news, strategies, vision of the companies, etc to reach a conclusion.
I have taken up two companies in the financial sector – namely, Amlak Finance PJSC and Tamweel PJSC for this study. Currently, I am working in Dubai in the IT sales sector and both these companies are my customers and they are heavily investing in IT security. This is the reason for my special interest in investigating these companies.
Both Amlak and Tamweel are leading financial organizations in the UAE, especially prominent in property finance. There is a lot of competition between these companies and also they are both listed in the stock market. Another reason for my interest in investing in these firms is that the Dubai real estate market is currently booming. People have started to invest heavily in the properties sector of Dubai and there is more demand than supply.
“Property prices in Dubai look set to rise between 5% and 10% next year, according to a new report, as delays in housing projects means pent up demand remains unfulfilled. Prices will peak in the second half of 2008”
Methodology:
I have studied the annual reports of both Amlak Finance and Tamweel extensively for the past 2 years – (2007 & 2006). I understand both these companies are showing signs of positive growth. I have relied on ratio analysis to calculate and understand the numbers, at the same time I have looked at the vision and mission of these companies, the leadership and management initiatives for the future to come to a conclusion.
From my study, I have eventually found that both Amlak Finance and Tamweel are running in profit but have
1. Executive Summary
Assignment Background:
In this assignment, I take the role of an investor looking to invest an amount of USD 50,000 in the capital of a public limited company.
To wisely invest, one needs to do a thorough comparative study of the annual reports, stock market performance, news, strategies, vision of the companies, etc to reach a conclusion.
I have taken up two companies in the financial sector – namely, Amlak Finance PJSC and Tamweel PJSC for this study. Currently, I am working in Dubai in the IT sales sector and both these companies are my customers and they are heavily investing in IT security. This is the reason for my special interest in investigating these companies.
Both Amlak and Tamweel are leading financial organizations in the UAE, especially prominent in property finance. There is a lot of competition between these companies and also they are both listed in the stock market. Another reason for my interest in investing in these firms is that the Dubai real estate market is currently booming. People have started to invest heavily in the properties sector of Dubai and there is more demand than supply.
“Property prices in Dubai look set to rise between 5% and 10% next year, according to a new report, as delays in housing projects means pent up demand remains unfulfilled. Prices will peak in the second half of 2008”
Methodology:
I have studied the annual reports of both Amlak Finance and Tamweel extensively for the past 2 years – (2007 & 2006). I understand both these companies are showing signs of positive growth. I have relied on ratio analysis to calculate and understand the numbers, at the same time I have looked at the vision and mission of these companies, the leadership and management initiatives for the future to come to a conclusion.
From my study, I have eventually found that both Amlak Finance and Tamweel are running in profit but have
References: 16. 16 Irishon, J. (2008) ‘Tamweel poised to double its profits’ ArabianBusiness.com, 06 August 2008 [Online] Available from: < http://www.arabianbusiness.com/526860-tamwell-poised-to-double-its-profits > [Accessed 12th September 2008]