Wednesday, April 28, 2010
A Favor!
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Grades Posted!
Student Information System
Special Mention
Please congratulate the following students for their outstanding performance this semester in my courses.
Farah Tasnim Huque - 0910174030 (FIN254)
Mubashir Ahmed - 0920008030 (FIN254)
Abdur Rahman Siddiq - 0930125545 (ACT201)
Following is a summary of the grades for this semester.
Thanks.
Sunday, April 25, 2010
Marksheets Uploaded!
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++++ Previous Post++++++
Dear students, your marksheets have been uploaded in respective course folders. Please let all your classmates know about this. Check for errors and please report any problem to my TA (01714075119=>SMS is preferred) as soon as possible.
Thanks.
PS: For FIN254 students, updated marksheets with project scores would be uploaded tomorrow.
Friday, April 23, 2010
About Marks/Grades!
Thursday, April 15, 2010
Additional Office Hours!
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Wednesday, April 14, 2010
FIN254: Project FAQs!
Please find here answers to some commonly asked questions about the FIN254 Project. Hope you would be benefited.
Q1: I am not sure of the term 1B:5 of B/R column. Will you please explain it sir?
Ans: 1B:5 means 1 bonus share against 5 shares which is equivalent to 20% bonus share. Similarly 1B:2 would mean 50% bonus share.
Q2: I have a problem with interim dividends. Please tell me how to handle that information.
Ans: You probably noticed some MNCs offering interim dividends or multiple dividends in the same period. In such cases you would most commonly see cash dividend declarations. In these types of cases you may add up the cash dividend percentages and use the last div declaration date as dividend declaration date for all dividends.
Q3: How to use the BLUE cells for "Post-Div. Declaration Date" and "close price" in the autocalculation worksheet?
Ans: Please consider post-dividend date to be the date after two months of the dividend declaration date. If in some cases, post-dividend date goes to the next period, then consider the last trading date to be the post-dividend date. Insert close price of that date. Please look at the sample for easy reference and a clearer idea.
Q4: Where do we get face value of a stock?
Ans: You will find it in the company information that you are required to copy from DSE website for each of the assigned stocks in the first worksheet of the excel file.
Q5: Sir, if 1B:5 is 20% bonus issue.Then how do we calculate the bonus % for 1B:7 and 1B:14?The percentages are in decimals; however when the value is filled in the dividend cell it is automatically converted to a whole number, for e.g it changes from 14.28% to 14%. Is this correct?
Ans: You are correct. 1B:7 and 1B:14 are equivalent to 14.29% and 7.14%. Don't bother about the auto-rounding. Formula will take decimals into consideration.
Q6: How to use excel findings in the Report template file?
Ans: Try to find out the reasons behind their performance. Let me give you some hints about possible reasons behind stock performance. Most common reasons should be the level of dividends companies declare and side by side the earnings they make. Usually better performance should be directly related to high level of dividends and satisfactory operating success, that is, their high earnings, and vice versa.
Q7: I want to know that what is the meaning of "10%B, 1R:5". Should i consider it as stock dividend... how could i can input 1R:5.....i want to know clearly what should dividend should considered as cash dividend and stock dividend?
Ans: R is for right declaration and you should avoid that as additional investment would be required for right share. You would only consider cash and stock dividends. If you notice there are two columns for dividend information, one is "Dividend %" which is for cash dividend, and another is B/R which is for stock dividend and right. 10%B, 1R:5 means 10% stock dividend and 20% right. You would only consider the 10% stock dividend portion and avoid the rest.
Q8: What do I do if there is no dividend declaration date but dividend information is there?
Ans: Companies usually declare their dividends around the same time every year. What you can do is to take average of previous period date and later period date.
Q9: Sir, in the ACI Formulations I cannot find the dividends. if you check the file DIV. ARCHIVE then you will notice.
Ans: They were recently listed with DSE. However, they did declare dividend last year. Please check again 10% cash and 20% stock.
Q10: Sir, i am working on the project for the powergrid co. It has two dividend declarations dates and two different dividends declared in those dates....sir, can you please tell me how can I deal with this problem?
Ans: The initial 10% cash dividend was for 2005-06 fiscal year and the next 25% was for 2006-07 fiscal. What you can do is to add them up and use the later dividend declaration date. That means you count 35% cash dividend and use the 13 Nov 07 as the dividend declaration date. Use the last trading day to be the post dividend date.
Q11: Sir, I am having some problem with the project. For Desh Garments last Close Price given is of 14-12-02. Should I take it as the end CP of DEC 2002?Ans: Yes, you are correct. End of Dec closing price of a scrip in any year does not necessarily mean trading on the last day of December of that year. Your project requires you to pick the last closing price in a particular year. If a particular scrip was last traded on the 14th of Dec in 2002, then let it be. Use that to be the Year-end closing price. You may even find a scrip which was not at all traded in the month of December. In that case, the Year-end closing price might be the closing price of last trading day, even if it was in Nov or earlier.
Q12: Are we just required to comment on the cumm. and average return for the various companies in the word file? Do I mail you both the excel and the word file (softcopies) only?
Ans: Exactly! You are required to discuss the findings and compare stock performances in the word file. You should email me six files: five excel files (one for each stock) and one word file with the discussion on the findings and analysis.
Q13: What do "1B:4,1R:2", "5%(1B:20)" and "35%B,1R:2" mean? I know what individually 1B:4 means and what 30%B means, but i don't know what the "R" term means and how to interpret them together.
Ans: They mean the same thing together. For example, "1B:4,1R:2" means 1 bonus share against 4 shares (or 25% bonus share) and 1 right share for 2 shares (or 50% right share). When the companies announce this type of declaration, they also announce different record dates for bonus and right shares to be effective. To learn more you may browse through the news section of DSE website.
Q14: What do you think about my stock .........? I am having this type of problem with it? What to do with it?
Ans: Please don't use the blog to ask me specific share related problem. In that case, email me directly. It's not practical to post solutions to hundreds of such individual stock related problems here. Hope you would understand. Thank you.
Q15: Sir, I am facing problem regarding the word report file. Can you send a sample please?
Ans: There is no such sample. This is a subjective part of your project. You are independent to discuss about your findings in any way you feel appropriate. This is your own findings. Use your imagination, please!!!
I provided answer to a similar questions earlier. Here is additional guideline… You may talk about your investments in five companies. Compare the performances of the companies you invested in. Tell me which companies gave you better returns and what may be reasons (probably they gave higher dividend regularly etc.) and which companies could not give a decent return and why (may be they were irregular in their dividend payments or they never gave any dividends at all etc). What may be your recommendation (choosing a right company for investment) to a new investor in the capital market based on your findings and learning from this project?
Ans: I don't know why you are having problem with the project files. Make sure you have MS Excel 2007 installed in your computer. You may also try downloading the files again. If you still face the problem get the files from the resource drive.
Tuesday, April 13, 2010
বাংলা শুভ নববর্ষ ১৪১৭!
বাধ ভেঙ্গে দাও – বন্দি প্রাণ হোক মুক্ত!
জীবনের জয়গান গাও, জীর্ন পুরাতন ভেসে যাক…
ঐ শোনো নতুনের ডাক |
সকলকে নববর্ষের প্রাণ ঢালা শুভেচ্ছা! নতুন বছরের প্রতিটি দিন হোক আনন্দের আর সফলতার|
Monday, April 12, 2010
Workshop on Successful Interview!
Sunday, April 11, 2010
FIN254 Project: A few corrections!
A few students copied project files from the class room computer where files were uploaded from my pendrive. Please note that those files have problems especially the Project Instructions file. If you are one of them, please copy/download those files (especially the Project Instructions file) from the resource drive/blog resource.
Thanks.
Friday, April 9, 2010
FIN254 Project Update!
Please note that two template files (one excel template file and one word report template file), a sample stock file, and a detailed project instructions file have been made available to help you complete the project on time. If you find any problem anywhere please report to me immediately. I tried my best to be as simple but flawless and detailed as possible.
If you are done meeting all the requirements, that is, five excel files for the assigned stocks and the word report file, then you are ready to send me your work. Before sending me the files, review the files again carefully for last minute editing, if necessary. It would not be possible for me to accept a second time submission. The submission deadline is 15th of April, 2010 (Thursday). You may definitely send me the files earlier if you are done to reduce pressure of the upcoming final exams.
Send me the five excel files (one excel file per stock) and the word report file to both of my email addresses (To: imran.edu@gmail.com, imran@northsouth.edu) as six attachments by the due date. Make sure to include your email address too, so that you have a copy of the sent email. You should use the following format to send your work to me.
Subject | FP101: nsu id; your name; section |
TO | imran.edu@gmail.com, imran@northsouth.edu |
CC | your own email address |
Before sending me the email please recheck your data and files minutely. I won’t be able to accommodate your request of accepting a modified version next time. Please wait at least one day for email acknowledgment from me as a confirmation of my receipt of your email. If you don’t receive my acknowledgment by one day then resend the email to me and notify my TA, Anondo at 01714075119. Please keep checking your email frequently around that period because I may send you an email as an alert if I find significant problems in your files/work. Please note that for each day of delay in your submission you would lose 25% of your project credit.
Thank you and wish you best of luck for the project.
Wednesday, April 7, 2010
Australian Leadership Scholarship!
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Sunday, April 4, 2010
Looking For Part-time/Full-time Executives!
This is a third-party advertisement. Interested eligible students may apply.
We are looking for young energetic persons with university bachelors/masters degrees in field of Business Administration / Management / English / IT with reasonable GPA and good social contact. Must have reasonably good command in English & Bengali. Candidates must have computer knowledge. IITM is a training, consulting, market research and surveying company. Job commencement from first week of April 2010. All Candidates will be screened through exams, presentation & personal interview. Some work experience is helpful.
Please Call at 01713462455, 01726153318 , Web: www.iitmbd.org.
--
Md.Saiduzzaman
Senior Relationship Executive (SRE)
In charge of –
Skill Development Initiative (SDI) Program,
CSR, SME and Partnering Initiative Program,
Career Planning Program,
Internship Program
&
Internal Trainer
International Institute of Technology & Management (IITM)
56/2 Lake Circus, West Panthopoth
Dhaka 1205, Bangladesh
Tel: 0662605681, 01726153318, 01713462455 (P)
Email: sayeed1981@gmail.com, s_zaman_81@yahoo.com, infoiitm@yahoo.com
Personal Blog: http://smebrandingcsrandpartnership.blogspot.com/
http://www.linkedin.com/in/saiduzzaman
Files Missing from Resource Drive!
I have checked the resource drive after receiving complaints from a few students about assignment files missing from the drive. The files are not missing actually. Somehow their attributes got changed to hidden files. All you need to do to view the files (and download them) is to check the option "Show hidden files and folders" in the "view" tab from the Tools menu (Folder Options) of Windows Explorer.
Thanks.