Return For Financial Year 2015

The gross profit margin and operating profit margin also suffered at 29.5 % (23.49%) and 5.8% respectively (Morning Star, 2014).

15. How has the company’s stock been performing in the last 5 years? Steadily rising since 1/2009. Declining from 2007 – 2009 as expected due to the recession and the change in demand for construction.

The three-year SAIC stock price data and its corresponding SSE index are obtained from finance.yahoo.com, as it provides dividend-adjusted closing prices. The two data are ordered in time in Excel (Sort Ascending). It is found that 46 SAIC daily stock prices are missing due to suspension of trading, therefore; 46 corresponding SSE daily index are removed in order to match up dates on the two data series.

Here we choose VW NYSE, AMEX, and NASDAQ data as market returns, because it’s value weighted and more reliable. The results show CSC’s equity beta = 2.27, QRG’s equity beta = 1.79.

In late December in 2013, the company was first listed on the ASX with $1.89 per

2. 2010 Payout = $3,600,000/$10,800,000 = 0.33 = 33% 2011 Dividends = (0.33)(2009 Net income) = (0.33)($14,400,000) = $4,800,000 (Note: If the payout ratio is rounded off to 33%, 2011 dividends are then calculated as $4,752,000.)

In this stage, the risky required return (rm), the same as market return, should be calculated. Stock market index is an approach to evaluate the value of stock market and S&P/ASX 200 is the most significant stock market index which tracks the performance of two hundred big Australian corporations (Australia Stock Market (S&P/ASX 200) 2013). Currently, S&P/ASX 200 is a primary share market index in Australia which replaced the All Ordinaries in April 2000 and has become the benchmark for investment for the Australian Securities Exchange (ASX) (ASX 200 2013). Therefore, S&P/ASX 200 is the best indicator of the market return and used to determine the market return.

period a 10% stock dividend was declared and distributed. The market value was $25 a

The loss portion of whole activities, which is 1.5 billion net loss. Inasmuch as workers’ compensation fund is 2 billion loss.

Stock prices were the highest in Year 15 at $142 per share and ending at $48 a share at the end of Year 18. Stock prices met or exceeded Investor Expectation every year.

There were no transfers to or from reserves during 2008. What was the dividend declared by Bull Ltd during the year? A. $25 B. $175 C. $225 D. $325

Pine Street Capital’s Portfolio on July 26th,2000

Ticker shares share price total Allocation Beta Alpha R-Squared

For estimation of betas, the above equation was run for the period from Jan, 2003 to Dec, 2006. Based on the estimated betas we have divided the sample of 63 stocks into 10 portfolios each comprising of 6 stocks except portfolio no.1, 5 and 10 having seven stocks each. The first portfolio 1 has the 7 lowest beta stocks and the last portfolio 10 has the 7 highest beta stocks. The rationale for forming portfolios is to reduce measurement error in the betas.

The main source of cash flow for the financial year 2015 of the Harvey Norman Holdings Limited is from franchising operations. The net cash flow from the operating activities increased by 45% to $340.45 million from $338.94 million in the prior year. The strong underlying sales performance is due to the increase of franchise fees of 7.2% or $47.44 million which is from $661.86 million (2014) to $709.3 million (2015). There is also decrease in tactical support to franchise during 2015 financial year by 21.2% or $21.84 million, from $103.19 million (2014) to $81.35 million (2015). The reduction in tactical support & increase in franchise fees income and higher sales company operated stores justified the 39.4 % or $56.64

EFL had not declared any dividend for the years from 2014 to 2015, In 2016 EFL declared a dividend of Rs. 10 per share. FFL had not Declared any dividend from 2015 to 2016.