Buffett’s Bid for Media General’s Newspapers Situation: Media General is a mature company which has a lot of business including newspapers‚ television broadcasting and digital businesses primarily serving the southeastern U.S. (Over 18 TV stations and 64 newspapers). While because of the popular of Internet from the 2000s‚ more than 300 daily newspapers disappeared and daily circulation of newspapers fell to 44 million in 2011‚ the U.S. newspaper industry is dropping. With the decreasing
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FINS3625 APPLIED CORPORATE FINANCE Case Study Written Report Week 8 Valuation: Laura Martin Name Student Number % Contributio n 20 20 20 20 20 Signature Karen Chan Yifeng Chen (Nino) Tony Richardson Weitao Wu (Tony) Wendy (Wenyu) Yan z3242429 z3283995 z3253113 z3284666 z3241580 1 Multiples versus DCF analysis Multiples analysis is simple to understand and apply. The inputs for the multiple are publicly available‚ though are vulnerable to accounting manipulation. Also
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FINM 3005‚ Corporate Valuation Semester 2‚ 2014 Lecture 2 Building a Company Model Lecturer: Jozef Drienko ANU School of Finance‚ Actuarial Studies and Applied Statistics Agenda for today’s lecture 1. Overview of building a company models and Assignment 1 2. Overview of the KGW valuation model 3. General advice on structuring your company model 4. Estimating ROIC (Return On Invested Capital) 5. Wrap-up . . . what’s next?? 2 Company models A company model is a representation of the financial
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What should your initial presentation to IAN cover? IAN has a two-step process for evaluating proposals received. In step 1‚ an internal team reviews the presentation and it may be discussed with an investor member with relevant domain experience Step 2: If shortlisted‚ the team is invited for an in-person presentation to investors Hence‚ your goal in the first step should be to help us understand why your venture is a good case for investment. The initial pitch presentation (this could be
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Number of Shares Profit Margin (PM) = Net Income / Sales Net Operating Working Capital (NOWC) = Current Assets - (Current Liabilities - Notes Payable) Equity Multiplier = Assets / Equity Free Cash Flow (FCF) = EBIT (1 -T) + Dep. - (Capex + ∆NOWC) Total Asset Turnover (TATO) = Sales / Total Assets Market Value of Equity = Stock Price x Number of Shares - Total Book Value of Equity Total Amount of Debt = Target Debt to Asset Ratio % x Assets *Manipulate this formula (MVE)
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Engineering is a diverse industry with a number of segments. A company from this sector can be a power equipment manufacturer (like transformers and boilers)‚ execution specialist or a niche player (like providing environment friendly solutions). It can be an electrical‚ non-electrical machinery and static equipment manufacturer too. | | Order book size determines the performance of the company in the short to medium-term. In order to bag big contracts‚ companies need to have a big balance
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details. Part A: task 1: According to the fact situation‚ Simone is a managing director of the Youth Unlimited Pty. Ltd which is a profitable company carry on selling anti-aging products for business. The company is a proprietary company limited by shares and the managing director is also known as a chief executive officer (CEO) of the company. Also‚ it can be seen in this way‚ Youth Unlimited gives Simone a particular opportunity to in charge of the day-to-day management of the company‚ to exercise
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Question 1 Corporate Social Responsibility (CSR) is going beyond compliance to the law. It is an obligation for a business to pursue long term goals that are good for society and it is about how a company manages its business to produce an overall positive impact on society. The triple bottom line of CSR encompasses three pillars‚ namely people‚ planet and profit. It encapsulates an extended array of components that measure that organisation’s performance‚ which are social‚ environmental and financial
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The idea of a jumbo airliner being capable of seating over 500 people almost seemed unreal. That is‚ until Airbus came along. This idea for the jumbo plane started as a joint venture with Boeing‚ but after it started Boeing backed out because of high costs and speculation of demand. Airbus pushed along and in 1999‚ they completed to rough draft of this plane. The problem with this plane that was obvious was first the overall cost of the plane. It was estimated to cost about 13 billion to launch.
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HPL Case Tianli Feng Mengting Xia Qiang Luo Xian Li 1. How would you describe HPL and its position within the private label personal care industry? HPL manufactures soap‚ shampoo‚ mouthwash‚ shaving cream‚ and sun scream for retailers in US and these products are sold under the brand label of a third party. The company is a major player in the $2.4 billion private label personal care industry‚ with a market share of a little more than 28%. HPL’s focus on manufacturing efficiency‚ expense
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