Investment and Portolio Analysis Assignment 2 (Q1) Answer to head teacher 1 1. Introduction This paper is to review a confederation called Chaoda advanced(a) Agriculture (Holdings) Limited (the society). The review hereafter testament cover: the Company; the Market & Opportunity for Chaoda; and Financial Figures & suggestive Valuation. Based on the findings of the review, recommendation on Buy or Dont Buy will be act to address in the last section of Conclusion. 2. The Company Chaoda Modern Agricutlure (Holdings) Limited (the Company) was listed in the Hong Kong Stock Exchange in declination 2000 with its listed code of 00682. At its IPO, the offer legal injury was HK$1.52 per share. Since then, the stock has been business with its trough of HK$0.59 per share during March 2003 and its peak of HK$11.9 per share during rarefied 2008. As at 29th January 2010, the stock price was unsympathetic at HK$7.65 per share. Chaoda (00682) - Daily Closing Price 14 12 10 8 6 4 2 0 Data initiation: Yahoo Finance Page | 1 Investment and Portolio Analysis Assignment 2 (Q1) 2.1 Ownership of the Company The Company has authorized shares of 5,000,000,000. At the equality value of HK$0.1 per share, the Company therefore has authorzied share captial of HK$500,000,000.
As at 7th January 2010, the total number of issued shares was 3,116,927,961 and there were no taste shares or other classes of shares. Thus, taking the share closing price of HK$9.42 per share at that date, the market capitalization was HK$29.36 billion. The major shareholders of the Company are: Major Shareholders Kailey Investment Ltd.* Janus Capital Management Ltd. Blackrock, Inc. contemporary Holding 643,092,644 315,630,485 171,643,409 % Held 21.13 10.37 5.64 Date 2009/12/24 2009/12/24 2009/12/24 * Beneficially and wholly owned by Mr. Kwok Ho 2.2 chairperson and Chief Executive Officer (CEO) Being the majority of shareholder, Mr. Kwok Ho is also the Chairman and CEO of the Company. However, under code cooking A.2.1 of the... If you want to get a full essay, order it on our website: Ordercustompaper.com
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