PP16832/01/2013 (031128) Malaysia Sector Update 5 April 2013 Aviation Overweight (from Neutral) Cautiously Optimistic BUY with caution. The aviation sector has underperformed the KLCI in 2012 due to depressed earnings‚ escalating fuel prices and regulatory uncertainty. The sector has de-rated with an average decline of 27.6% in 2012. 2013-YTD however saw our top pick‚ MAHB gaining 15% while the airlines are both up modestly with 6% rise in share prices. We are now Overweight
Premium Kuala Lumpur International Airport Malaysia Airlines Malaysia
China Coin Politics in Children’s Novels: The China Coin by Suzanne Wilson Novels for children which encompass notions about history‚ about culture‚ and about politics‚ have been around ever since a ’children’s literature’ was recognised as something distinct from books for adults. Indeed it is difficult to imagine something more political in its content and aspirations than Charles Kingsley’s The Water Babies. But what is interesting today in the light of books for children now being
Premium Children's literature Fiction Literature
Young Population Population age structure can have a significant impact on countries’ stability‚ governance‚ economic development and the well-being of its people. Reasons for Young Population: * Recent decades of high fertility (births per woman) e.g. women in sub-Saharan Africa give birth to 5.5 children on average in their lifetimes. Uganda- very high fertility rate (6.7) and a high teenage pregnancy rate (25%) * Teenage girls sell themselves for sex to earn money and end up getting
Premium Economics Teenage pregnancy Unemployment
lognormal model v = Volatility of lognormal model = Change in stock price φ = Sharp Ratio ρ = Correlation Coefficient X(t) = Arithmetric Brownian Motion Z(t) = Geometric Brownian Motion Formulas Building Binomial Trees Put-Call Parity C − P = S0 e−δt − Ke−rt Replicating Portfolio C = S∆ + B = e−rt [p∗ Cu + (1 − p∗ )Cd ] ∆= Cu − Cd e−δt S(u − d) uCd − dCu e−rt B= u−d Rate of return relationship Utility Value QH = pUH QL = qUL 1 = QH + QL 1+r C0 = QH CH + QL CL pUH QH = p∗ = QH + QL pUH + qUL pCH + qCL
Premium Option Put option Trigraph
structure of the company. Situation | Debt | Equity | After tax cost of debt | Ke(%) | 1 | 400000 | 100000 | 9 | 10 | 2 | 250000 | 250000 | 6 | 11 | 3 | 100000 | 400000 | 5 | 14 | 3. Given EBIT of Rs. 200000‚ corporate tax rate of 35% and following data determine the amount of debt that should be used by the firm in its capital structure to maximise the value of the firm: Debt | Kd(before Tax) % | Ke(%) | Nil | Nil | 12 | 100000 | 10 | 12 | 200000 | 10.5 | 12.6 | 300000 | 11
Premium Weighted average cost of capital Generally Accepted Accounting Principles Finance
government‚ he was arrested and went to jail for nine months. When he got out of the jail‚ Hitler wrote Mein Kampf (My Struggle)‚ which was his autobiography‚ and it was full of his ideas and it would become the Nazi idea. Later‚ he would use this book to shared his ideas and encourage people into the Nazi party. At that time‚ he tried to destroy all other books in Germany. He required that Mein Kampf taught in the schools‚ and what children learned at a very young age‚ so they will be Instilling
Premium Nazi Germany Adolf Hitler The Holocaust
publicity for the Nazi campaign using propaganda. Hitler was known to be a very skilled propagandist and his posters are still extremely well-known now. Another way he publicised the Nazi Party was by releasing his book "Mein Kampf" which he wrote in prison when serving his 9 month sentence. Mein Kampf published the aims and ideas of the Nazi party. This contributed to Hitler becoming chancellor because this raised public awareness‚ establishing him as a credible leader and made people think he could fix
Free Weimar Republic Adolf Hitler Paul von Hindenburg
this political revolution. Eventually these ideals led to negative historical consequences‚ at home and in the world. Of the two main documents examined; those being "The Political and Social Doctrine of Fascism" written by Benito Mussolini and "Mein Kampf (My Struggle)" by Adolf Hitler we are able to see concrete conditions being expressed as to why these doctrines were embraced. Both felt pressure from past aggressions
Premium World War II World War I Fascism
sementara‚ letakkan kain napkin di atas kerusi * Sekiranya anda meletakkan kain napkin di atas meja‚ ia menandakan anda telah selesai makan. 4. Tunggu semua orang berada di meja‚ barulah anda mula makan. 5. Suap makanan sedikit demi sedikit ke dalam mulut anda dengan cermat dan sopan. Jangan biarkan makanan anda tumpah. 6. Bongkokkan badan anda sedikit semasa menyuap makanan. 7. Gunakan sudu-garpu atau pisau-garpu dengan betul dan senyap. 8. Kunyah makanan anda dengan perlahan
Premium
Asia food at its finest I have been to Mexico many times‚ and eaten in many different places because the variety of food in Mexico was enormous. But this specific Chinese food buffet restaurant stood out to me the most. The place was called “Buffet of Asia” which I thought was a magnificent name for this place because of the different amount of food that was served . We had been recommended this buffet by my grandma that has lived in Mexico ever since she was little. She said that the before
Premium American Chinese cuisine