Executive Summary Blackberry designs‚ manufactures and markets wireless solutions for the worldwide mobile communications market. The company supports multiple wireless network standards by developing integrated hardware‚ software and services. RIM provides platforms and solutions for seamless accessing information‚ including e-mail‚ voice‚ instant messaging‚ short message service (SMS)‚ internet and intranet-based applications and browsing. Founded in 1984 by Mr. Michael Lazaridis and Mr. Douglas
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| Radio One‚ Inc. | Memo To: Mr. Alfred Liggins III From: Team 5 Date: [ November 22‚ 2011 ] Re: Clear Channel Communications Inc. acquisitions Mr. Liggins The recent merger between Clear Channel Communications Inc. and AMFM has presented a rare opportunity for Radio One‚ Inc. The proposed divestiture of Clear Channel will be the largest in the history of the industry. Radio One‚ Inc. can acquire 12 established urban stations in the top 50 markets‚ which rarely become available. Market
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GENEVA BUSINESS SCHOOL Master of Science in Finance ********************* ASSIGNMENT Flinder Valves and Controls Inc. Case 43 Student: Nguyen Hoang Ngoc Anh Professor: Dr. John Heptonstall Subject: Strategy and Financial May 2011 NgocAnhNo1 1. Make a brief description of each company and its business activities . Flinder Valves and Control ( FVC) Flinder Valves and Control (FVC)‚ located in Southern California‚ was come from a small company organized in 1980 for engineering
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outstanding shares were 10‚000‚000. CompuTech has developed a solid reputation especially for reliability and timely introduction of new products. Besides‚ it supplies a toll-free telephone service in order to identify and correct program bugs. Its products are perceived as innovative‚ easy to use and relatively free from errors. However‚ diversity of the products offered by the company is limited. CompuTech is expert on just one type of software: word processing and presentation programming.
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Question 1 Overall‚ Starbucks’ performance has been mixed over the past six months. On April 13‚ 2012‚ its stock price reached a high of $61.67 per share and closed at $57.37 per share. Since April‚ the price of Starbucks’ stock fell on average in the following closing months of May and June before reaching a low of $43.16 in the opening days of August. The fall was correlated with the release of Starbucks’ third quarter annual report‚ which showed a less-than-expected performance for that quarter;
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Chapter 1: I. Key attributed of successful companies a. Have skilled people b. Have strong relationships c. Have enough funding to execute their plans and support their operations II. To be successful‚ a company must meet its first main goal a. Identifying‚ creating‚ and delivering highly values products and services to its customers. III. Corporate life cycle a. Starting up as a proprietorship i. Three important advantage 1. It is easily and inexpensively formed 2. Subject to few
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Discounted Cash Flow Valuation of Aggregate Reserves Discounted Cash Flow Valuation – Proved Developed Reserves Discounted Cash Flow Valuation – Proved Undeveloped Reserves Discounted Cash Flow Valuation – Probable Reserves Discounted Cash Flow Valuation – Possible Reserves Question 3 To value MW Petroleum we would consider the assets in place and the option bearing assets discretely. The assets in place consist of the proved developed reserves since they are already producing a
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RE: Mercury Athletic valuation and acquisition recommendations We believe that Mercury is an appropriate target for AGI since an acquisition can be an excellent growth opportunity. First‚ through the acquisition AGI can take the advantages of some existing synergies. Acquiring Mercury would expand AGI’s business size and consequently produce the “one plus one is greater than two” effect. This acquisition would double AGI’s revenues‚ increase its leverage with contract manufacturers‚ and also help
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Deltex. First‚ we calculated the discount factor by using average unlevered beta of US independent bottlers‚ US 10 year Treasury bond as risk free rate and assuming market risk premium 10%. We came up with 9.83% of WACC. Next‚ we calculated Deltex free cash flow and terminal value and then converted them into US dollar value. Now with WACC and total cash flow‚ we had NPV of the company. So we deducted current debt from NPV and came up with the value of US$360M investment equal to 59.99% of Deltex equity
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Multiples imply the current stock price is overvalued. PER 33.46 X‚ PBR 1.61 X‚ EV/EBITDA 13.7X There is a big difference in our Target Price and Market Price. This may come from 1) Market expectation that the company will generate more Free Cash Flow growth in the next few years 2) Speculation regarding potential takeover 4. What effect would Viacom have on the costs at Paramount if it bought the company? What effect would Viacom have on Paramount’s growth rate? What would happen to
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