Outperform as the stock has underperformed by 13% over the past year and could be catalysed by the completion of KLIA2 and Malindo’s surprise entry. The latter leads to a higher DCF‚ against which we factor in a new 10% discount to derive our end-2013 target price until KLIA2 completion risks pass. Our FY12-13 EPS are cut for higher staff costs. 3.9% to 5.3% to account for Malindo’s entry into Malaysia. We are only assuming that Malindo expands to 70 aircraft over 10 years on the basis of rational behaviour
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order that the author gives them 4. A Good Summary… a. Must be comprehensive. You should isolate all the important points in the original passage and note them down in a list. Review all the ideas on your list‚ and include in your summary all the ones that are indispensable to the author’s development of his/her thesis or main idea. b. Must be concise. Eliminate repetitions in your list‚ even if the author restates the same points. Your summary should be considerably shorter than the source. You
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Assignment Task 1 Regulatory bodies and current legislations OFSTED Ofsted is the office for standards in Education‚ children’s services and skills. They make sure that people achieve excellence in care of children and young people. Ofsted assess children services in local areas and inspect services for looked after children ‚ safeguarding and child protection. Ofsted’s job is to check places that young people and children are looked after and the people who look after children and young people
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The Role of Higher Education in the Work Force Traditional notions of education are no longer sufficient to prepare a workforce for a contingent and dynamic world. Currently‚ we live in an era driven by information‚ global competition‚ and new technologies that are changing the way we think‚ live‚ and work. The Industrial Revolution was built on machinery‚ skills and labor; however‚ the information and knowledge-based revolution of the 21st Century is being built on investment‚ intellect‚ and creativity
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Higher Education In the time I have spent in higher education‚ I have noticed that educators generally encounter three categories of students. The first category‚ about 10 percent of the student population will always succeed because they have the attitude that failure is not an option. The second group‚ another 10 percent of the population‚ will inevitably fail‚ lacking the personal motivation and drive necessary to reach educational goals. Approximately 80 percent of students make up category
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HIGHER EDUCATION Name Institution: HIGHER EDUCATION Introduction Higher education in the present world has a very long history. Higher education has deep roots in the early sixth century when first monastic schools were started in Europe which later developed to the famous European university in Bologna during the period between 1088 and 1090. This is the origin of higher education with all present systems of higher education borrowing much from this first intuition and system
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One-to-one communication occurs when one person speaks with or writes to another individual. This happens when a care professional meets with a person who has health worries or personal concerns‚ such as during a doctor–patient appointment for example. Lots of one- to-one communication also occurs when care professionals meet with and talk to each other or with the partners‚ relatives or friends of people receiving care. Communication in one-to-one situations is most effective when both parties
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Higher Education Higher education is the key to new worlds. In past decades‚ college education was seen as a privilege which few had access to. Nowadays‚ it has become a culminating stage in people’s life. Higher education has proved that it has a monetary value‚ as the salary of a person with a college education is higher than that of a person with a high school education. Some people have sold the idea that a higher education is a waste of time and money‚ and that such education should only be
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and a long list of cool features they liked to incorporate. As it is widely reported across many media‚ computer and video games are increasingly popular. The computer is one of the toolsused in the upgrading of our technology which is one of the products of high-quality technologies. Information technology plays a big role in economic growth and development worldwide. Computer innovations are rampant but it is not only the hardware component that keeps pace with the fast changing technology‚ but
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1212140031 Purpose of higher education The purpose of higher education has been a topic of debate for many years. There was a long period when the majority agreed that higher education is the key to success‚ there is nothing to argue about that. However‚ nowadays‚ regarding having higher education as an investment‚ many people‚ especially students‚ think that what they lose is much bigger than what they gain from higher education. In other words‚ they believe that what higher education brings them does
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