Saturday, January 30, 2010
Friday, January 29, 2010
Microsoft sees 60% jump in profit, boosted by Windows 7
 Microsoft launched Windows 7 in October last year |
Microsoft has reported a 60% jump in profit, thanks largely to "exceptional demand" for Windows 7.
Net profit came in at $6.66bn (£4.13bn) for the three months to 31 December 2009, up from the $4.18bn it made in the same period a year earlier. It also reported record revenues of $19.2bn, which comfortably beat analysts' forecasts.
"We are thrilled by the consumer reception to Windows 7," said Kevin Turner, chief operating officer.
"This is a record quarter for Windows units."
Microsoft released Windows 7 in October last year.
'Outstanding'
Windows 7 has proved to be Microsoft's best-selling operating system to date after the disappointing Vista.
 |  The online business came in line and the only business shy of expectations was Xbox  Brendan Barnicle, Pacific Crest Securities  |
The company's results are closely tied to computer sales because its two most profitable divisions make the Windows Operating System and Office business software.
"These are outstanding numbers," said Brendan Barnicle from Pacific Crest Securities.
"The upside was in the Windows business and service and tools, and Office business. The online business came in line and the only business shy of expectations was Xbox."
Shares in Microsoft rose 25 cents, or 0.9%, to $29.41 in after-hours trading.
Reporting season
The company did not make any specific profit or sales forecasts, after making the decision to stop doing so in January 2009, citing market volatility.
Microsoft is the latest technology company to report earnings results.
Yahoo and Apple both announced higher profits earlier this week, while Google reported strong figures last week.
However, Nintendo saw a near 10% fall in profits after a slowdown in sales of its Wii games console.
Source :BBC NEWS
Wednesday, January 27, 2010
Tuesday, January 26, 2010
Thursday, January 21, 2010
What is Price-Earning Ratio ?
A valuation ratio of a company's current share price compared to its per-share earnings.
Calculated as:
For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95).
EPS is usually from the last four quarters (trailing P/E), but sometimes it can be taken from the estimates of earnings expected in the next four quarters (projected or forward P/E). A third variation uses the sum of the last two actual quarters and the estimates of the next two quarters.
Also sometimes known as "price multiple" or "earnings multiple".
In general, a high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. However, the P/E ratio doesn't tell us the whole story by itself. It's usually more useful to compare the P/E ratios of one company to other companies in the same industry, to the market in general or against the company's own historical P/E. It would not be useful for investors using the P/E ratio as a basis for their investment to compare the P/E of a technology company (high P/E) to a utility company (low P/E) as each industry has much different growth prospects.
The P/E is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P/E) of 20, the interpretation is that an investor is willing to pay $20 for $1 of current earnings.
It is important that investors note an important problem that arises with the P/E measure, and to avoid basing a decision on this measure alone. The denominator (earnings) is based on an accounting measure of earnings that is susceptible to forms of manipulation, making the quality of the P/E only as good as the quality of the underlying earnings number.
Calculated as:
For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95).
EPS is usually from the last four quarters (trailing P/E), but sometimes it can be taken from the estimates of earnings expected in the next four quarters (projected or forward P/E). A third variation uses the sum of the last two actual quarters and the estimates of the next two quarters.
Also sometimes known as "price multiple" or "earnings multiple".
In general, a high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. However, the P/E ratio doesn't tell us the whole story by itself. It's usually more useful to compare the P/E ratios of one company to other companies in the same industry, to the market in general or against the company's own historical P/E. It would not be useful for investors using the P/E ratio as a basis for their investment to compare the P/E of a technology company (high P/E) to a utility company (low P/E) as each industry has much different growth prospects.
The P/E is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P/E) of 20, the interpretation is that an investor is willing to pay $20 for $1 of current earnings.
It is important that investors note an important problem that arises with the P/E measure, and to avoid basing a decision on this measure alone. The denominator (earnings) is based on an accounting measure of earnings that is susceptible to forms of manipulation, making the quality of the P/E only as good as the quality of the underlying earnings number.
What is Earning Per Share (EPS) ?
The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability.
Calculated as:
When calculating, it is more accurate to use a weighted average number of shares outstanding over the reporting term, because the number of shares outstanding can change over time. However, data sources sometimes simplify the calculation by using the number of shares outstanding at the end of the period.
Diluted EPS expands on basic EPS by including the shares of convertibles or warrants outstanding in the outstanding shares number.
Earnings per share is generally considered to be the single most important variable in determining a share's price. It is also a major component used to calculate the price-to-earnings valuation ratio.
For example, assume that a company has a net income of $25 million. If the company pays out $1 million in preferred dividends and has 10 million shares for half of the year and 15 million shares for the other half, the EPS would be $1.92 (24/12.5). First, the $1 million is deducted from the net income to get $24 million, then a weighted average is taken to find the number of shares outstanding (0.5 x 10M+ 0.5 x 15M = 12.5M).
An important aspect of EPS that's often ignored is the capital that is required to generate the earnings (net income) in the calculation. Two companies could generate the same EPS number, but one could do so with less equity (investment) - that company would be more efficient at using its capital to generate income and, all other things being equal, would be a "better" company. Investors also need to be aware of earnings manipulation that will affect the quality of the earnings number. It is important not to rely on any one financial measure, but to use it in conjunction with statement analysis and other measures.
Calculated as:
When calculating, it is more accurate to use a weighted average number of shares outstanding over the reporting term, because the number of shares outstanding can change over time. However, data sources sometimes simplify the calculation by using the number of shares outstanding at the end of the period.
Diluted EPS expands on basic EPS by including the shares of convertibles or warrants outstanding in the outstanding shares number.
Earnings per share is generally considered to be the single most important variable in determining a share's price. It is also a major component used to calculate the price-to-earnings valuation ratio.
For example, assume that a company has a net income of $25 million. If the company pays out $1 million in preferred dividends and has 10 million shares for half of the year and 15 million shares for the other half, the EPS would be $1.92 (24/12.5). First, the $1 million is deducted from the net income to get $24 million, then a weighted average is taken to find the number of shares outstanding (0.5 x 10M+ 0.5 x 15M = 12.5M).
An important aspect of EPS that's often ignored is the capital that is required to generate the earnings (net income) in the calculation. Two companies could generate the same EPS number, but one could do so with less equity (investment) - that company would be more efficient at using its capital to generate income and, all other things being equal, would be a "better" company. Investors also need to be aware of earnings manipulation that will affect the quality of the earnings number. It is important not to rely on any one financial measure, but to use it in conjunction with statement analysis and other measures.
Wednesday, January 20, 2010
Tuesday, January 19, 2010
ACI DECLARES 20% CONVERTIABLE ZERO COUPON BONDS
In another word A zero-coupon bond (also called a discount bond or deep discount bond) is a bond bought at a price lower than its face value, with the face value repaid at the time of maturity. It does not make periodic interest payments, or have so-called "coupons," hence the term zero-coupon bond. Investors earn return from the compounded interest all paid at maturity plus the difference between the discounted price of the bond and its par (or redemption) value. Examples of zero-coupon bonds include U.S. Treasury bills, U.S. savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has been stripped of its coupons.
In contrast, an investor who has a regular bond receives income from coupon payments, which are usually made semi-annually. The investor also receives the principal or face value of the investment when the bond matures.
Some zero coupon bonds are inflation indexed, so the amount of money that will be paid to the bond holder is calculated to have a set amount of purchasing power rather than a set amount of money, but the majority of zero coupon bonds pay a set amount of money known as the face value of the bond.
Zero coupon bonds may be long or short term investments. Long-term zero coupon maturity dates typically start at ten to fifteen years. The bonds can be held until maturity or sold on secondary bond markets. Short-term zero coupon bonds generally have maturities of less than one year and are called bills.
Prospectus of ACI ZERO COUPON BONDS
In contrast, an investor who has a regular bond receives income from coupon payments, which are usually made semi-annually. The investor also receives the principal or face value of the investment when the bond matures.
Some zero coupon bonds are inflation indexed, so the amount of money that will be paid to the bond holder is calculated to have a set amount of purchasing power rather than a set amount of money, but the majority of zero coupon bonds pay a set amount of money known as the face value of the bond.
Zero coupon bonds may be long or short term investments. Long-term zero coupon maturity dates typically start at ten to fifteen years. The bonds can be held until maturity or sold on secondary bond markets. Short-term zero coupon bonds generally have maturities of less than one year and are called bills.
Prospectus of ACI ZERO COUPON BONDS
Monday, January 18, 2010
APPLICATION FORM IS AVAILABLE : IFIC Bank declares 1st mutual fund of 120 crore
IFIC Bank declares 1st mutual fund of 120 crore. Following are schedule of that IPO
The Scheule for receiving Initial Public offering(IPO) Units Application forms
For Resident Bangladeshi
February 7, 2010 to February 11,2010 (09:00 AM to 04:00 PM)
Bankers to the issue as mentioned in application From
For Non-Resident Bangladeshi's subscription closes on February 20,2010 (By Post office/Courier service only). Subscription sent by Post/Courier will be received in the Company's Head office only.
Following are link for downloading Forms and prospectus
IFIC BANK 1st MUTUAL FUND
The Scheule for receiving Initial Public offering(IPO) Units Application forms
For Resident Bangladeshi
February 7, 2010 to February 11,2010 (09:00 AM to 04:00 PM)
Bankers to the issue as mentioned in application From
For Non-Resident Bangladeshi's subscription closes on February 20,2010 (By Post office/Courier service only). Subscription sent by Post/Courier will be received in the Company's Head office only.
Following are link for downloading Forms and prospectus
IFIC BANK 1st MUTUAL FUND
Thursday, January 14, 2010
DBH 1st Mutual fund IPO Lottery Result : Download it
Following are Download link of DBH 1st Mutual fund
IPO Lottery Result :
all above in a Download Link is :
Tuesday, January 12, 2010
Thursday, January 7, 2010
ACI declare zeo coupon convertible Bonds for Bangladesh Share Market
Zero Coupon bonds
In finance, a convertible note (or, if it has a maturity of greater than 10 years, a convertible debenture) is a type of bond that the holder can convert into shares of common stock in the issuing company or cash of equal value, at an agreed-upon price. It is a hybrid security with debt- and equity-like features. Although it typically has a low coupon rate, the instrument carries additional value through the option to convert the bond to stock, and thereby participate in further growth in the company's equity value. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments.
From the issuer's perspective, the key benefit of raising money by selling convertible bonds is a reduced cash interest payment. However, in exchange for the benefit of reduced interest payments, the value of shareholder's equity is reduced due to the stock dilution expected when bondholders convert their bonds into new shares.
a zero-coupon bond issued by a corporation which can be converted into that corporation's common stock at a certain price, or a zero-coupon bond issued by a municipality which can be converted into an interest-bearing bond under certain circumstances. also called split coupon bond. [For more on Covertible Bonds Please visit http://en.wikipedia.org/wiki/Convertible_bond ]
In Bangladesh, for the first time ACI declare zero coupon convertible bonds for local Stock Market. It's RPO will start on 31st January , 2010.
Details has been given in scanned images.
Monday, January 4, 2010
Dhaka Insurance IPO Application Status : DOWNLOAD Result
Dhaka Insurance Limited (Subscription Open: 06.12.09, Close: 10.12.09 )
Nature of Business Insurance
Subscription Open December 06, 2009
Subscription Open December 06, 2009
Subscription Close December 10, 2009
For Non resident Bangladeshi December 06, 2009 to December 19, 2009
Offer Price (Tk.) 120.00
Face Value (Tk.) 100.00
Market lot (Share) 50
Sponsors Portion (Share) 600,000
Public Offer (Share) 900,000
Total Issued Shares 1,500,000
Total Paid up Capital (after IPO) Tk. 150,000,000.00
Face Value (Tk.) 100.00
Market lot (Share) 50
Sponsors Portion (Share) 600,000
Public Offer (Share) 900,000
Total Issued Shares 1,500,000
Total Paid up Capital (after IPO) Tk. 150,000,000.00
EPS (as per prospectus) 33.87 (as on 31.12. 2008)
NAV per share (as per prospectus) 187.94 (as on 31.12 . 2008)
NAV per share (as per prospectus) 187.94 (as on 31.12 . 2008)
Website www.dhakainsurance.com
The Present IPO STATUS of Dhaka Insurance is as follows :-
ALL RESULT WILL BE DOWNLOADED FROM HERE
1. GENERAL
2. NRB
3. BANK AND BRANCH CODE
4. REFUND WARRANT SCHEDULE
CLICK LINK FOR ALL DHAKA INSURANCE IPO RESULT DOWNLOADING..........
ALL RESULT WILL BE DOWNLOADED FROM HERE
Sunday, January 3, 2010
Trust Bank 1st Mutual Fund : IPO LOTTERY RESULT
IPO LOTTERY DOWNLOAD LINK
As Per SEC declaration :All concerned are hereby informed that the IPO lottery program of Trust Bank First Mutual Fund will be conducted on 3 January 2010 at 10:30 am at Harmony Hall, Banladesh-China Friendship Conference Center, Sher-E-Bangla Nagor, Agargaon,Dhaka.
~~~~
Trust Bank Limited Mutual Fund : IPO Lottery result has been published. I got complete lottery sheets in pdf files. For sharing with friend of Bangladesh, I have uploaded this too in rapidshare and giving the links to my friends.
Download it from following links. you may also get regular IPO information from my blog site. In my blog zone "Share Your Ideas" You may get regular updates on other financial news from Bangladesh and regular important news from all over the world.
Download Link is as;
http://rapidshare.com/files/329604765/Trust_Bank_Mutual_fund.rar.html
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