1.0 Abstract This report aims to provide an analysis of a proposed investment in Shenzhen Development Bank (SDB) by Newbridge in 2002 and assess whether the P/B ratio of 1.6 for Newbridge to pay for its 18% stake in SDB is appropriate. The analysis of Newbridge’s acquisition of SDB’s stocks is based on several aspects of SDB’s asset quality‚ earnings capability and capital adequacy. According to price-to-book ratio of SDB’s industry peers and some acquisition precedents by foreign investors‚ Newbridge
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Literary analysis of ‘Pygmalion’ by Bernard Shaw Shaw’s cleverly crafted and highly entertaining play mixes the Pygmalion myth from Ovid’s Metamorphoses‚ with a Victorian-day twist. Shaw’s Pygmalion combines dimensional characters‚ an entertaining plotline and vibrant themes in a way that truly encapsulates Victorian high society. Set in high society‚ Pygmalion follows a bet made by two upper class gentlemen: phonetics teacher‚ Higgins; and his linguist friend Colonel Pickering. Higgins
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Analysis In this poem the writer conveys his views of the war and how disastrous it was and how it is nothing like the stories told to kids in that time. The writer tells us how the war affected the soldiers both physically and mentally. In the first stanza the writer starts by talking about how the soldiers are weak and can’t even stand up straight due to the mass of equipment they are carrying. “Bent double‚ like old beggars under sacks‚ knock-kneed‚ coughing like hags‚ we cursed through”.
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Wesfarmers : Financial Analysis Wesfarmers main focus is very simple but an effective objective of providing a satisfactory return to its shareholders. The beauty of this objective is that it is measurable‚ and they seek to achieve a return on equity‚ which ranks Wesfarmers in the top 20 percent of Australia’s listed companies and able to manage the portfolio of businesses which make up the group with strong financial focus (Australian Securities Exchange‚2008). The ongoing success of Wesfarmers
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Executive Summary This analysis studied financial information of three multinational corporations in the retail industry‚ Ralph Lauren‚ American Eagle‚ and Gap. This examination is predominantly and analysis of Ralph Lauren and American Eagle‚ and it compares its financials and performance to that of Gap. In order to reach a decision on which firm my company should invest in; we recreated and cleaned both company’s financial statements followed by an analysis using key financial ratios and metrics
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Analysis Beth McGuire December 2012 What happens to a dream deferred? Many people wonder what happens to dreams postponed. In the poem “Dream Deferred‚” the poet Langston Hughes uses similes to show what might happen when a dream defers. Hughes employs a curious mood to establish the theme that no one really knows what happens to dreams deferred. Hughes creates a curious mood for this poem. He writes “Maybe it just sags like a heavy load.” This means that a dream stays with you waiting. This
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[pic] Techniques in Financial Analysis (FIN113) Assignment Answer Template |Students: Please enter |Word count | | |your word count for this |I have read the Assignment Guide in the Subject Room and have applied the word count | | |assignment |principles to my work.
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sales‚ $10‚000 cash dividends‚ $300‚000 cost of goods sold‚ $20‚000 administrative expense‚ $20‚000 depreciation expense‚ $40‚000 interest expense‚ $10‚000 purchase of productive equipment‚ no changes in working capital‚ and a tax rate of 35%. EBIT= total revenue-costs-depreciation = 500‚000-(300‚000+20‚000)-20‚000 =160‚000 Net income= 160‚000- 20‚000 –
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Color Analysis Flannery O’Connor’s “A Good Man Is Hard to Find” includes a man who kills a family as they are heading to Florida on vacation. Unfortunately the Misfit and the grandmother could not come to terms and bring forth the points regarding good versus evil. Flannery O’Connor’s “A Good Man Is Hard to Find” uses color imagery to challenge the notions of good versus evil. Flannery O’Connor incorporates red to signify blood‚ death‚ and even hell. O’Connor shows this in the statement “Red
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Koralla (A027) Anuj Tekumal(A052) Aneesh Vijh (A055) EXECUTIVE SUMMARY Overview of the Bank Key Financial highlights Business Model/ Exposure to different sectors Performance analysis -Segment Analysis -Asset Quality & Restructuring/Provisioning -Key ratios -CAR and capital requirement -Peer analysis -Camel Road ahead/Future Outlook OVERVIEW HEADQUARTERS: GURGAON‚ HARYANA Mr. S L Bansal Chairman & MD Founded & established in Lahore in 1943 Nationalised in 1980
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