Thanks for the great lecture, and I do have one question though, as there was a right issue, should not we have to find restated EPS, as right issue includes bonus element?
Thanks for the lecture. In the answer, I saw the market capitalisation are 86.67 and 143.4 in Year 1 and Year 4 respectively. May I ask how to calculate it? Thanks :))
Dear John. For the video at 4:10, the calculation for PBIT, does it should be (11,300-8,700)/8,700, instead of using the number from PAIT (7,550-5,100)/5,100?
Hi John! Thx for the resource and for the particular lecture. @11:10 on the timeline you state that Net assets=Captital Employed (in particular Shareholders funds + long term borrowings). Aren’t Net assets=Total assets less total liabilities? I’m a bit confused. Thx.
Thank you very much for this lecture. Just a question please. We know that maximising shareholders wealth is through increasing share price. And also that profits are different from wealth. Would we not loose marks through commenting on PBIT and PAT
Thanks for the lecture, I need to ask if is it wrong to calculate leverage (Total assets/Equity) instead of gearing(long term debt/equity) for exam purpose? On the above example leverage would be 1,5 while gearing 50% (from leverage we can get 50% easily) but it’s easy to compare the company based on leverage as well.
mslanina says
Thank you sir for yet another great lecture!
javokhirm says
Thanks for the great lecture, and I do have one question though, as there was a right issue, should not we have to find restated EPS, as right issue includes bonus element?
njweng27 says
Thank you sir, very interesting lectures, I’m beginning to love this paper more
hylauivyy says
Thanks for the lecture. In the answer, I saw the market capitalisation are 86.67 and 143.4 in Year 1 and Year 4 respectively. May I ask how to calculate it? Thanks :))
cians says
MV of share x Number of shares in issue
John Moffat says
Correct 馃檪
fatimali says
Mr. John, at 3:07 isn’t the increase in turnover 34.7%?
ceevs92 says
I thought the same also?
John Moffat says
Yes, it is 34.7%. I made a mistake 馃檨
bettyli says
Dear John. For the video at 4:10, the calculation for PBIT, does it should be (11,300-8,700)/8,700, instead of using the number from PAIT (7,550-5,100)/5,100?
bettyli says
Oh, I figured it out that Mr. John corrected it. Never mind!
John Moffat says
I am pleased that you figured it out 馃檪
denis2018 says
Hi John! Thx for the resource and for the particular lecture.
@11:10 on the timeline you state that Net assets=Captital Employed (in particular Shareholders funds + long term borrowings). Aren’t Net assets=Total assets less total liabilities? I’m a bit confused. Thx.
gumeden says
Thank you very much for this lecture. Just a question please. We know that maximising shareholders wealth is through increasing share price. And also that profits are different from wealth. Would we not loose marks through commenting on PBIT and PAT
Ihmant says
Dear John, at 2:47, I think the increase is +34.7%, or is it really 11.9%? BR,I.
denis2018 says
Agree that 34.7%. Thx for noting. Probably the John was a bit nervous. The mistake is rather arithmetic. The formula is correct.
dg1020333 says
Thanks for the lecture, I need to ask if is it wrong to calculate leverage (Total assets/Equity) instead of gearing(long term debt/equity) for exam purpose? On the above example leverage would be 1,5 while gearing 50% (from leverage we can get 50% easily) but it’s easy to compare the company based on leverage as well.