...Nottingham University Business School MBA Programmes Strategic Management COPY [ ] Word Count [ ] Table of Contents 1. Executive Summary 4 2. Introduction 5 3. Industry Analysis 6 3.1 Market Value 6 3.2 SWOT Analysis for the Technology Sector 7 4. Non-Financial Analysis 8 4.1 Google Inc. 8 4.1.1 Company Profile 8 4.1.2 Strategic Target 8 4.1.3 SWOT Analysis 9 4.1.4 Others 10 4.2 Microsoft Corp. 11 4.2.1 Company Profile 11 4.2.2 Strategic Target 12 4.2.3 SWOT Analysis 13 4.2.4 Others 13 4.3 Amazon.com 14 4.3.1 Company Profile 14 4.3.2 Strategic Target 14 4.3.3 SWOT Analysis 15 4.3.4 Others 15 5. Financial Analysis 16 5.1 Profitability 16 5.1.1 Year-on-Year (YoY) Revenue Distribution 16 5.1.2 Net Income 19 5.1.3 Return on Total Asset (ROTA) 20 5.1.4 Return on Equity (ROE) 21 5.2 Liquidity and Financing 22 5.2.1 Short-Term: Current Ratio 22 5.2.2 Long-Term: Gearing 23 5.3 Shareholder Value 24 5.3.1 Earning Per Share (EPS) 24 5.3.2 Price Earning Ratio (PE Ratio) 25 5.3.3 Dividend Per Share 26 5.4 Risk and Discounting 26 5.4.1 CAPM and NPV on Google Inc. 27 5.4.2 CAPM and NPV on Amazon.com 29 5.4.3 CAPM and NPV on Microsoft Corp. 31 6. Investment Decision and Conclusion 34 6.1 Investment Evaluation’s Matrix 34 6.2 Investment Decision and Conclusion 38 7. References 39 8. Appendix 40 Figures and Tables Figure 51: Amazon YOY Revenue, Cost...
Words: 10348 - Pages: 42
...Indiabulls Real Estate Ltd. “Focus is the single most important virtue that will lead us to our goals.” Sameer Gehlaut, Chairman, Indiabulls Real Estate Ltd (2007) If the essence of the Indiabulls story were to be communicated in one word, the word would be “focus”. Indiabulls began its journey as an online brokerage start-up in the year 2000, and within a span of mere 10 years it has become India’s largest retail brokerage firm, and one of the largest non-banking financial institutions in India. The group has achieved unparalleled growth – successfully venturing into real estate business, and power sector as well. Incorporated as the real estate arm of Indiabulls Financial Services Ltd (IBFSL), and demerged in 2006, Indiabulls Real Estate Ltd (IREL) has been involved in project development and construction, project management, investment advisory and other allied services in the real estate space. Indiabulls Power, incorporated in 2007 as a 100% owned of subsidiary of IREL, was also soon demerged keeping in line IBREL’s strategy of demerging its non-core businesses in order to remain focused. One rationale behind the step was that all companies need to be independent in order to attain focus and to ensure that one balance sheet does not, in any manner, affect the other. The second reason was that the firm did not want to expose their real estate shareholders to project execution risks of the power sector. The third rationale was that power business would eventually be...
Words: 1017 - Pages: 5
...REVISED FEBRUARY 11, 2015 CRAIG FURFINE KEL553 Wildcat Capital Investors: Real Estate Private Equity “Okay. Now we’re even,” said the voice on the telephone. As he hung up the phone, James Tripp, managing director of Wildcat Capital Investors, thought back to that beautiful summer evening two years earlier when he was about to enter Ravinia Park to enjoy a performance of the Chicago Symphony with his friend, commercial real estate broker Katherine O’Brien. The sound of scraping metal had caught Tripp’s attention just in time for him to save O’Brien’s life—or so he liked to claim—by blocking an approaching bicyclist headed straight for O’Brien in a reckless attempt to cross the track ahead of an oncoming train. At the time Tripp had joked, “Now you owe me.” Referring to the opportunity to purchase a piece of commercial property before the sale became public knowledge, he continued, “How about showing me a great off-market deal some day?” Now, in September 2009, it seemed that O’Brien had indeed returned the favor. The opportunity O’Brien had just briefly outlined on the phone sounded perfect for Wildcat. Financial Commons was a 90,000-square-foot office property located in the Chicago suburb of Skokie. The building was 90 percent occupied and was being offered for what seemed like an incredible price of $10.4 million. Given the bleak commercial market environment at the time, such opportunities were few and far between. But Tripp knew there were many factors...
Words: 4369 - Pages: 18
...Developing Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol 2, No.2, 2012 www.iiste.org Real Estate Industry in Chittagong (Bangladesh): A Survey on Customer Perception and Expectation Moslehuddin Chowdhury Khaled 1* 1. 2. 3. 4. Tasnim Sultana2* Sujan Kanti Biswas3* Rana Karan 4* Lecturer, School of Business, Independent University Bangladesh, Chittagong, 12 Jamal Khan Road, Chittagong 4000. Phone: 01675002980 email:-mmckhaled@gmail.com Assistant Professor, Faculty of Business Studies, Premier university, Chittagong, Bangladesh email: tasnimmosharraf@yahoo.com Assistant Professor, Faculty of Business Studies, Premier university, Chittagong, Bangladesh email: sujan_kbt@yahoo.com Assistant Professor, Faculty of Business Administration, BGC Trust University, Chandanaish, Chittagong, Bangladesh, email:- ranaakaran@yahoo.com * E-mail of the corresponding author: sujan_kbt@yahoo.com Abstract Bangladesh is an over populated country and day by day population is increasing rapidly which created the housing problem. Land prices skyrocketed. Due to high price, insufficiency of land, high cost of land registration, and high price of building materials, people are now not interested to buy a land for building their own house. This article shows the customer perception and expectation in different dimensions budget, types of apartment, size of apartment, favorable location in Chittagong city, favorable facility in an apartment, factors related to purchase decision, factors...
Words: 3846 - Pages: 16
...Introduction When the stock market goes up one day, and then goes down for the next five, then up again, and then down again, that’s what you call market volatility. Historically, the volatility of the stock market is roughly 20% a year and 5.8% a month, but volatility keeps on changing, so we go through periods of high volatility and low volatility. Analysts and experts have different opinions about what you should do in volatile markets, and how to scope with stock market volatility or the tendency for share prices rising and falling. Analysts. Justin Stewart, co-founder of Seven Investment Management says: “ Crashes happen. If you are a longer-term investor, you should look straight through them and remember the power of compounding dividends, or in cone arising on income.” Andrew Humphries, a director of St James Place Wealth Management, thinks that Diversification is very important and having a portfolio that is solely exposed to one asset class- be it equities, bond or property- is dangerous and all investors should ensure they hold an appropriate range of assets” Andrew Bell, the chief executive of Witan Investment trust advised: “ It is better to buy into fear and cheapness and sell into euphoria and high valuation, as long as you can endure the period before trends reverse. Investors should have this tattooed somewhere to prevent natural human psychology from making them do the opposite. Bill Mott, the manager of PSigma income, said “ in an uncertain world, investors...
Words: 1275 - Pages: 6
...care for and improve lives and conserve the environment in all phases thru responsive and responsible planning, development and property management. We know that our work impacts on the lives of our customers, the interest of investors and business partners, the well-being of communities that we build and the welfare of the environment. * To be the preferred choice by customers who want a better and healthier environment for families, working communities that will grow and thrive thru time. * To be the benchmark in the industry for novelty and freshness in project concepts, for well-thought of and perfectly executed projects, and for long-term after sales relationship. * To be a caring and motivating employer supporting employees’ knowledge advancement, growth, health and aspirations for a quality life making them responsible citizens in society. * To be a worthy investment to our shareholders, creating and unlocking values of properties we develop which translate into long-term returns for investors. Values We are responsive and responsible to our customers throughout our projects’ life cycles – from concept to completion and beyond. We are future-ready. We are future proof, by design. Objectives ArthaLand is a focused real estate company bringing together a brain trust of experts in property development and management. ArthaLand is an entrepreneurial, world-class, boutique developer of unique, enduring, and sustainable projects in the residential, office...
Words: 3471 - Pages: 14
...Real Estate Finance F-409 Submitted To Farzana Lalarukh Associate Professor Department of Finance University of Dhaka Submitted By No Name Roll 1. Masud Ahmed 16-014 2. Khaleda Aziz 16-024 3. Akhter-E-Tamanna 16-102 4. Sameya Azad 16-152 5. Mohammad Mominuzzaman Bhuiyan 16-174 Date of Submission: 17-2-14 Date: 17-2-14 Farzana Lalarukh Associate Professor Department of finance University of Dhaka Subject: Submission report on “ Long Run Perspectives of Developer in Bangladesh” Dear Madam, We are pleased to submit the report you have assigned to us. The report paper was to prepare the term paper on the course named “Real Estate Finance” course code: F-409, as a part of our academic activities. Working on this report was a great opportunity for us to apply our theoretical expertise, sharpen our view and ideas. Finally, we are very thankful to you for giving us an effective topic to prepare our report and we are waiting eagerly for any kind of question you may have concerning our report. Sincerely yours On Behalf of our Group ………………………. Sameya Azad This is high time we conveyed our deepest gratitude and sincere submission to the Almighty ALLAH for giving us the opportunity to accomplish such an enjoyable task of preparing this report in time. We express our thanks to our dear course teacher Mrs. Farzana Lalarukh for assigning us a report dealing with the Real estate sector and...
Words: 7200 - Pages: 29
...property will bring if exposed to the market for a reasonable length of time. d. the price a prudent buyer would pay if fully informed of all relevant facts regarding the property. 4. The relationship between investment value and most probable selling price is: a. investment value will always exceed most probable selling price, at least by the amount of the transaction costs. b. most probable selling price will always exceed investment value, at least by the amount of transaction costs. c. investment value may be greater or less than most probable selling price, and the difference will approximate transaction costs. d. investment value need not be closely related to most probable selling price. 5. Which of the following is a real estate investment decision? a. Purchase of a $50,000 interest in a partnership which develops...
Words: 2258 - Pages: 10
...Introduction When the stock market goes up one day, and then goes down for the next five, then up again, and then down again, that’s what you call market volatility. Historically, the volatility of the stock market is roughly 20% a year and 5.8% a month, but volatility keeps on changing, so we go through periods of high volatility and low volatility. Analysts and experts have different opinions about what you should do in volatile markets, and how to scope with stock market volatility or the tendency for share prices rising and falling. Analysts. Justin Stewart, co-founder of Seven Investment Management says: “ Crashes happen. If you are a longer-term investor, you should look straight through them and remember the power of compounding dividends, or in cone arising on income.” Andrew Humphries, a director of St James Place Wealth Management, thinks that Diversification is very important and having a portfolio that is solely exposed to one asset class- be it equities, bond or property- is dangerous and all investors should ensure they hold an appropriate range of assets” Andrew Bell, the chief executive of Witan Investment trust advised: “ It is better to buy into fear and cheapness and sell into euphoria and high valuation, as long as you can endure the period before trends reverse. Investors should have this tattooed somewhere to prevent natural human psychology from making them do the opposite. Bill Mott, the manager of PSigma income, said “ in an uncertain world, investors...
Words: 1022 - Pages: 5
...Q1. A real estate agent acts as the middleperson between those selling or leasing a property and those who want to buy or rent it. For their services, agents are paid commissions. Before real estate agents can earn commissions, they must first find clients. Clients include people interested in buying, selling, renting, or leasing homes, apartments, or office space. To find clients, agents may network with friends, cold-call homeowners and property management companies, or canvass homes door-to-door. They might also spend money on flyers, newspaper advertisements, and billboards to attract new clients. Q2. Most real estate agents are self-employed, though they may be associated with a real estate agency or broker. Agents spend some of their time in offices and some outside of the office. They may spend a significant amount of time travelling by car to look at properties and meet with clients. Q3. Real estate agents earn a commission when a house they have listed is sold, as well as when they help a client buy a house or lease a property, or when they find a rental unit for a client. The amount of the commission is usually calculated by multiplying the value of the house by a certain percentage. For example, if the commission is 3% and the value of the house is $200,000, the agent’s commission would be $6,000. Since agents work on commission, they have no guaranteed salary. Their earnings depend entirely on the number of properties they close deals on, and the value of those...
Words: 688 - Pages: 3
...Real Estate Modeling Quick Reference – Real Estate Development Key Terms http://breakingintowallstreet.com Real Estate Development Key Terms If you want to understand real estate development, you need to know the key terms used to describe properties – whether you’re developing the properties from the ground up or acquiring and renovating them. Even if you work at a bank and only work with real estate investment trusts (REITs), you still must understand real estate at the property-level because REITs are collections of individual properties. Measuring Real Estate Before you develop or acquire a property, you must know how big it is – size is the key metric for real estate. Lot Size Square Feet or Square Meters; Sometimes also Acres (1 Acre = 43,560 ft2) or Hectares (1 Hectare = 10,000 m2). Determining gross area inside building, floor size, and number of floors; also used to calculate land acquisition costs. Building Gross Area Square Feet or Square Meters. Building Rentable Area Square Feet or Square Meters. Measured In: Used For: Determining rentable area; also used to calculate certain construction costs. Rent, parking spots, and some expenses are calculated based on rentable area. 1 Square Foot is equal to 0.0929 Square Meters, so you can think of it as 10 Square Feet ~= 1 Square Meter when you see those units in models. Remember that an entire building will never be rentable – you need room for walls, staircases, elevators, lobbies, and so on, so you...
Words: 2714 - Pages: 11
...Table of Contents Executive Summary 3 Introduction 4 I. Economic Analysis 5 II. Balance Scorecard 8 III. Project Management 10 Activity Definition 10 Scope Definition 10 Work Breakdown Structure and Schedule 11 Conclusion 12 References 13 Executive Summary The most important managerial decision facing my corporation is how to remain competitive in the real estate market. In order to remain competitive, we must increase profits by evaluating most aspects of our business. Azteca Partners, Inc. was created to facilitate the purchasing, repairing, and selling of distressed properties. During the last year, most projects have been over-budget and over-schedule. This project will addresses or reduce critical aspects of the real estate business. First, Azteca Partners must decide whether to expand into the neighboring county. It is a decision we have discussed but not analyzed. The project will be used to analysis data from the current county and the proposed county. After all data is obtained, we will be able to make a sound business decision. Secondly, the issue of over-run projects will be analyzed using MS Project 2007. Each task will be schedule and an estimated date of less than 60 days will be the goal of each repair project. The tasks will be scheduled in a systematic...
Words: 1173 - Pages: 5
...CHAPTER 1: INTRODUCTION At present real estate sector (RES) is one of the booming sectors in Bangladesh. Day by day as time passes on, this sector is becoming healthier since the substantialgrowth of population is creating a tremendous housing problem and due to theincrease in demand of commercial spaces this sector has come into being. This sector provides an integrated and planned package to resolve these problems. 1.1 Purpose This report briefly reviews on the RES in Bangladesh in recent years and recommendsfor both the real estate developers and the government policy of Bangladesh on RES. 1.2 Scope The RES has so far spread its wings over Dhaka, Chittagong, Khulna, Rajshahi andSylhet. This report focuses only on the flourishing of real estate business in Dhakaand the real estate developers which are members of Real Estate & HousingAssociation of Bangladesh (REHAB) especially the prominent ones. 1.3 Limitations This report has been prepared based on secondary data. Concentration of real estate business in Dhaka may not reflect equal urgency in other cities mentioned earlier.This report does not include some of the problems created by illegal and unfair practices of very few of the developers, which is damaging the image of this sector. 1.4 Assumptions Recommendations of this report are based on the assumptions that REHAB will prevail and RES will keep on flourishing rather than recede or retard CHAPTER 2: EMERGENCE OF REAL ESTATESECTOR IN BANGLADESH The concept...
Words: 7705 - Pages: 31
...Agency: Real Estate under Virginia’s Agency Law Code of Virginia Agency Law § 54.1-2130. Definitions. As used in this article: "Agency" means every relationship in which a real estate licensee acts for or represents a person by such person's express authority in a real estate transaction, unless a different legal relationship is intended and is agreed to as part of the brokerage relationship. Nothing in this article shall prohibit a licensee and a client from agreeing in writing to a brokerage relationship under which the licensee acts as an independent contractor or which imposes on a licensee obligations in addition to those provided in this article. If a licensee agrees to additional obligations, however, the licensee shall be responsible for the additional obligations agreed to with the client in the brokerage relationship. A real estate licensee who enters into a brokerage relationship based upon a written contract which specifically states that the real estate licensee is acting as an independent contractor and not as an agent shall have the obligations agreed to by the parties in the contract, and such real estate licensee and its employees shall have no obligations under §§ 54.1-2131 through 54.1-2135 of this article. "Brokerage relationship" means the contractual relationship between a client and a real estate licensee who has been engaged by such client for the purpose of procuring a seller, buyer, option, tenant, or landlord ready, able, and willing...
Words: 4748 - Pages: 19
...128, Flat 1605, Sharjah – U.A.E ESTATE MANAGEMENT OBJECTIVE To earn a respectable height in my chosen career through commitment, honesty and hard work leading to the attainment of organizational goals and professional excellence. PERSONAL PROFILE * Sex : Male * Date of Birth : 01-06-1984 * Relationship status : Single * Nationality : Nigerian * Passport no : A05869494 * Visa Status : Long Term Visit Visa * Language : English SPECIAL SKILLS AND CAPABILITIES * Computer literate. * Understands the principle of cost-effective. * Creative and motivational. * Ready to learnand adapt quickly. * Loyal, humble and dearly honest. SUMMARY OF QUALIFICTION * Bachelor of Science (Estate Management) 2008 – 2012 * Secondary School Certificate (NECO) 2004 * First School Leaving Certificate 1990 – 1995 * Diploma in Computer Application (Microsoft Office) WORKING EXPERIENCE New Dairy Farm Housing Estate, Pencinema, Agege, Lagos. 2012-2014 (The Manager, New Dairy Farm Housing Estate). * Handle of financial operations: upkeep of financial statements and cash book. * Keeping and updating records of service charges. * Inspection all facilities such as the central power generating system, water station. and the pumping machine, plumb systems and drainages and every other facility own by the estate. * Hiring of contractors to make repairs, negotiate contracts...
Words: 353 - Pages: 2
