Share price

Value” When you ask the question “what is the value of a company?”, the answer is quite often: “the price somebody’s ready to pay for it”. This answer looks reasonable, but is useless when it comes to set up the conditions of an IPO or take an investment or divestment decision. The price paid by anybody is the result of a transaction. In any transaction, there is a buyer and a seller. If the transaction price is, say, $100, it means that both parties agreed to exchange the asset against this amount of

Institutional Investors on financial markets, the main terms have to be defined: _First, an Institutional Investor is _an organization such as investment companies, mutual funds, pension funds, investment banks_ etc. that trades securities in large enough share quantities that they qualify for preferential treatment and lower commissions (Investopedia 2010)_. Then, financial markets are markets_ for _sale_ and _purchase_ of _shares, bonds, bills_ of exchange, _commodities, derivatives, foreign currency

international. However, Centrica is bigger than Scottish and Southern Energy in term of size and capital investment. The main market of Scottish and Southern Energy is in United Kingdom, which account for 99% of its revenue. However, Centrica Energy’s market share is more diversified with its presence in United Kingdom, Norway, Nigeria and Trinidad, specially, North America, assets and trading operations in Europe, where they knows as Direct Energy. According to financial report in 2009, SSE concentrate more

evaluation tool developed by the Boston Consulting Group. The matrix categorises products into one of four classifications based on market growth and market share. The four classifications are: Cash cow – low growth, high market share Star – high growth, high market share Problem child – high growth, low market share Dog – low growth, low market share Brand: The set of physical attributes of a product or service, together with the beliefs and expectations surrounding it - a unique combination which

increase in oil price and environmental concernslowdown expected in developed countries • High competition in the small car market • Competition from Mini and Smart USA • Since 2005: Strong hamper of the domestic market (-14%) that will cause the shutdown of many production plant. Japan • Sharp decline of domestic market (-19,1%) • Toyota has become the leading carmaker at the world level and Honda the second largest in Japan South Corea, China, India • Produce competitively low price cars • China

Femilet is one of the leading suppliers in Scandinavia of fashion lingerie. Femilet have four different brands: Femilet: the wonderful, elegant and fashionable lingerie for the women of today. Shape: Femilet Shape is lingerie in the lower price segment. Aqua: Elegant, cool or trendy? Dreams: Young and trendy lingerie, nightwear and beachwear to the girl that wants to be the star in her own life. Femilet should develop franchise concept internationally. This is a good mean to develop

• Raise (your own) exit costs • Build financial reserves • Select high fixed-cost technologies • Establish a reputation for aggressive behavior Deterrence Strategies (2) Strategies to reduce the incentive to enter • • Use limit pricing: price lower than what is profit maximizing in the short term to deter entry Idea is to exploit a potential entrant’s information disadvantage about true market conditions When is this strategy likely to deter entry? • • • Incumbent holds a true

ab UBS Wealth Management Research / 13 October 2008 Corporate Update Lowered earnings bar met; Hold Stock rating: Hold Share price: USD 21.50 USD 27 Estimated fair value range: USD 23 Issuer credit rating: AAA (Credit Trend: Stable) View versus MSCI US Capital Goods: Marketperform At a glance General Electric's 3Q 2008 EPS of USD 0.45 met the consensus. Weak results from the financial segment offset healthy sales and order growth from the industrial units. We cut our 2008E-2009E EPS and EFVR

duty free/travel retail). Each twopage country profile provides: the country’s total wine market trend over the past five years the trends of the leading five countries supplier the shift in consumption of wine by colour a summary of consumption by price point The information is drawn from our global database covering in all 233 countries and territories. To find out more about any market, contact us via the details shown opposite. We trust that you will find this new Handbook an essential resource

comprise the estimate of total equity (approx $2.7956 billion). Capital management Equity and reserves of the group increased to $2,571 million at 31 December 2009 from $2,037 million at 31 December 2008. This was a result of additional share capital issued under the Dividend Reinvestment Plan (DRP), profits to 31 December 2009 and other movements in reserves and contributed equity, partially offset by dividends paid up to 31 December 2009. In April 2009 AMP raised $296 million