Reference no: EM133033083 , Length: 10 PPT

Assignment 1

The presentation has to be 10 minutes in total and cover all the 3 sections. The first section has to be 2 minutes, the second section 4 minutes and the third section 4 minutes. Please use APA referencing style for references

Section 1
When you are selecting the company you have to justify to the client why you selected that company for example if you selected a bank you have to say why you have chosen Santander and not HSBC because they are in the same sector. You need to do a comparison to show why the company you have chosen is more suitable than the others in the same sector in your context. You need to talk about the background of the firm of the industry or sector and the exchange.

Section 2
There are 2 templates, WACC templates and valuation templates. This activity is not just to say what you have done, it is about why you have done for what you have done. About finding the WACC there are four ways to do it (WACC based on Gordon per-share dividends, WACC based on Gordon equity pay outs, WACC based on classic CAPM and WACC based on tax-adjusted CAPM). You have to explain why you have chosen one over another one in your context.

In order to do the evaluation there are few main components. You have to do the free cash flow, use the template and rearrange or exclude some of the items to get the free cash flow. And then you need to make assumptions short term and long term growth rate and justify what you were doing. For example for short term growth rate you can calculate from what has happened in terms of free cash flow in the past years.For the long term would be the economic forecast such as forecast related to growth of the central bank of the country where the company is listed or the IMF or the World Bank.

Section 3
This is not about how the company has been ethical. It is about how you as a senior investment analyst have applied the specific ethical principles in the course of advising the client.

You have to look at specific codes and specific standards and applying it on what you have done in the process of advising your client. This is not about whether the company is ethical or not, this is about whether you have been ethical in the process of advising your client so it needs to be an applied understanding of the code of standards and GIPS.

Details of the task Specific Tasks

You are the Senior Investment Analyst at Money Doubling Ventures Limited. A client has approached you for Investment advice. He bas just inherited a large sum of money from a relative and is looking at investing £1 Million in different classes of assets including equities. To enable you advise your client appropriately, you are to carry out the valuation of one high quality film listed on any major international stock exchange using relevant excel templates.

- Conduct in-depth background research to enhance the analysis of the chosen listed company. Such research should demonstrate in-depth understanding of the workings of the sector and exchange where it is listed.

- Conduct comprehensive valuation of the listed firm. Your valuation should use relevant valuation technique(s) to arrive at an appropriately discounted present value (per share) and form the basis of the recommendation to your client.

- Using relevant sections of the CFA Ethics and Professional Standards and the Global Investment Performance Standards (GIPS), critically analyse any ethical considerations you will make in the course of advising your client.

Assignment Guidelines

Structure
You have been asked to produce a presentation. It should contain the following:
• Appropriate coversheet
• Title Page, including the given title in full.
• Contents Page
• Introduction
• Main body, which should also be organised under appropriate headings.
• Conclusion
• References
• Appendices, which should be numbered.
o Make sure you refer your reader to them as required.

Attachment:- Global Financial Markets.rar