Suwanasilp – 3344346 Tu Lan – 3282178 Bo Qiu - 3308317 DAVID JONES - BUSINESS ANALYSIS AND VALUATION May 2012 ASB INVESTMENT RESEARCH T A B L E O F CONTENT 1. EXECUTIVE SUMMARY 2. DAVID JONES’ PROSPECT AND THE RETAIL INDUSTRY 2.1 INDUSTRY ANALYSIS 2.2 COMPANY ANALYSIS 3. ACCOUNTING AND FINANCIAL ANALYSIS 3.1 ACCOUNTING ANALYSIS 3.2 FINANCIAL ANALYSIS 4. FORECAST AND VALUATIONS 4.1 FORECAST ASSUMPTIONS 4.2 COST OF CAPITAL – WACC 4.3 VALUE OF DAVID JONES 5. CONCLUSION 6. REFERENCES AND APPENDIX
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In trying to determine where the Garden of Eden might have been located‚ we have an immediate problem‚ because while the biblical description is quite detailed‚ it is also fairly succinct. We are told only that: The Lord God planted a garden in Eden‚ in the east; and there he put the man whom he had formed. . . . A river flows out of Eden to water the garden‚ and from there it divides and becomes four branches. The name of the first is Pishon; it is the one that flows around the whole land of
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David Livingstone was one of the most revered and respected African explorers of his time. He spent almost 30 years exploring a region little known to the outside world. He often put ambition before family and his own personal health in his quest to open the interior of Africa to “Civilization‚ Christianity‚ and Commerce.”(Hollett 236) Through his daring explorations into the unknown‚ he discovered and documented many new landmarks inside the dark continent‚ and at times
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Analysis of the Steel Artworks in the Cullen Sculpture Garden The sculptures that adorn the acre-wide Cullen Sculpture Garden are not just an exhibit. They are an experience. They are to be walked amongst‚ and viewed as they are exposed to the elements. Light‚ shadow‚ weather‚ all play a part in how they are viewed throughout the day. In essence‚ no one sees the exact same sculpture. In full light the trees still dapple the sculptures with shadow. Metallic sculptures cast dark shadows. The steel
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David- Michelangelo vs. Bernini The Baroque period of the 17th century had both incorporated and rejected the ideals of the antecedent High Renaissance art. Like High Renaissance art‚ Baroque art focused on making idealized and natural artwork. However‚ Baroque art introduced a way of involving the viewer into the artwork that was new and differed from High Renaissance art‚ which instead kept the viewer at a distance. The composition and diagonal movement in the space are two of the features of
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MSc (Eng) in Industrial Engineering and Logistics Management (IELM6046) 1st Semester – 2013/2014 Year Session 1 – Room LE9 – 7:00 P.M. to 9:30 P.M. Introduction & Objectives of Supply Management (September 3‚ 2013) (Class B) Dr. Stephen W. K. Ng (stephenng@ipshk.org) 1 MSc. in IELM – Supply Management (IELM 6046) – 2013‐2014 Copyright @ QuST 2013 Prof. Stephen W. K. Ng – HKU When we wake up in the morning
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INTRODUCTION On behalf Li & Partners consulting firm‚ we are pleased to present the strategic recommendation report. This reports divided into five sections. David Jones’ external and internal environments are discussed in the first two sections. The following section focuses on the identification of stakeholders and their interests. Our strategic recommendations to improve shareholder value are explained in the fourth section followed by the impact our recommendations have on stakeholders. A balance
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While Gladding discussed Saul‚ David‚ and Solomon‚ Tullock only discusses the stories associated with Saul and David. Tullock begins the chapter by introducing Samuel and describing his roles of a judge‚ prophet‚ and king maker. Chapter 6 states that Samuel was impressed by Saul’s abilities and looks on the first sight that he believed that Saul would be the Lord’s first choice to be the Israelites’ king. The significance of Saul and Samuel was the act of anointing Saul before being crowned king
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as a tool for building social capital and addressing some of the difficulties associated with struggling communities. school gardens may help students and communities address some of the issues they struggle with in growing healthy learning environments. School gardens are becoming increasingly popular in urban areas. Advocates see these gardens as a learning opportunity for students‚ a source of sustenance for neighbors‚ and a means of building social capital that can serve as
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array of beautiful imagery and cheerful scenes. However‚ Frost is not always so pleasant. Not only does Frost provide a sense of beauty and happiness in his poems‚ but there is also a sense of darkness‚ trouble and anguish. In Frost ’s poem "A Girl ’s Garden" we see how he incorporates beauty with anxiety and doubt through his style‚ word order‚ and New England setting. Robert Frost has a distinctive style when he writes poetry. He uses words in an order that deliver to the reader a cornucopia of images
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