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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of sculptures‚ one of the first that comes to mind is David. This statue was created of marble between 1501 and 1504 and stands over 14 feet high. David is a symbol that represents strength and anger. The statue had intended political connotations for the ruling of the Medici family. Michelangelo used David as model of "heroic courage" to demonstrate that "spiritual strength can be more effective than arms". Michelangelo insisted that David should stand as a symbol of the republic and act as a
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Comparison of the Davids The statues of David by Michelangelo‚ Donatello‚ Bernini and Verrocchio were representations of a biblical hero the king David of Israel‚ who at a young age killed a warrior Goliath armed with only a stone and a swirl. The four statues are different from each other because they were from different periods and were made from different materials. Each statue is different because of the body posture and clothing choices. All the four statues were made in Italy and that is
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environment 1. Board of Directors and Management Structure David Jones has a skilled‚ experienced and expertise Board of directors which is accountable for caring the rights‚ interests and the management of David Jones. Chief Executive Officer and Managing director are responsible for setting strategy‚ planning and administration for the company on daily basis. Paul Zahra has been “Chief Executive Officer and Managing director” for David Jones since 18 June 2010. Mr Zahra has more than 30 years’
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paper defines both The United States Health Care System and the Canadian Health Care System. It compares the significant differences between the two. It provides in full detail the single-payer system verses the multi-payer system. Medical spending and administrative costs are outlined and compared. Wealth and Health is thoroughly explained regarding
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David Sengeh was born in Sierra Leone in 1987. He grew up in the city of Bol where his father was an executive at UNICEF‚ serving as the agencies Planning‚ Monitoring and Evaluation specialist as well as the Deputy Country Representative for Sierra Leone. Growing up in a family of privilege‚ at least by Sierra Leone standards‚ David Sengeh attended private school as a young man‚ but that does not mean he was immune from the atrocities of the civil war raging in Sierra Leone from 1991-2001. Two
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Lamesha Robinson 01/20/2010 My Greatest Regrets Everyone makes mistkes‚ and I am no exception. I have made may mistakes during my lifetime‚ and I regret making poor decisions.With every wrong choice I have made‚ there are lessons to be learned. What I got out of what I learned made me a stronger woman today. Although I have become stronger today than before‚ I still regret my poor decisions. My greatest regrets include not listening to my grandma as a teenager‚ moving back home with my mom
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David Parker Ray What makes a person get to the point that they want to take another person’s life‚ or inflict pain on another human being just for the pure pleasure of it? To understand a serial killer it is necessary to look into their pastto see if there was any mental problems as a child or teenager. Poverty or low socioeconomic status and childhood abuse and humiliation can cause many serial killers to feel worthless and inadequate‚ so terrifying victims is a sense of power (Social Structure
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David Attenborough commonly known as Sir David Attenborough is one of Britain’s best and most loves Natural History Filmmaker. Along with this in his fifty-year career he has also been a broadcaster‚ producer‚ author and conservationist. To further enhance this long list of achievements David Attenborough is a Patron of the charity of the World Land Trust. David Attenborough and wildlife conservation Attenborough’s links to the World Land Trust go back quite a fare way and first began when
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King David was the second king of the United Kingdom of Israel and wrote 78 psalms. In Psalm 8 King David questions God for why man is so important. He also describes how man worships God. King David shows praise and adulation by stressing the importance of Gods creations‚ human beings‚ and his relationship with human beings. Firstly‚ King David emphasizes the importance of Gods creations. God made man ruler of the universe which means man is on earth to protect. Man is very important because
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