...GROUP PROJECT Case Study: Initial Public Offering of Ordinary Shares of AirAsia X Berhad Memo COURSE CODE : GSM 5421 COURSE NAME : INVESTMENT ANALYSIS TRIMESTER : 2012/2013 LECTURER : DR. CHEN CHAW MIN DATE OF SUBMISSION : 20 JULY 2013 FOREIGN INVESTORS GROUP MEMBERS: Memo To: Joe Campos, VP of Sales From: Kate Chaplain, Senior Sales Associate Date: April 5, 2013 Subject: Quarterly Review Mr. Campos, Purpose: Air Asia X Berhad Initial Public Offerings (IPO) of Ordinary Shares Road Show was held on the 29th of June 2013. The purpose of this memo is to determine whether we, as large foreign institutional investors should buy or not to buy Air Asia X Berhad IPO shares with fundamental analysis and findings. Besides deciding whether to buy or not to buy, we will justify the reasons underlying our decision that we have come across that we are not buying Air Asia X Berhad IPO shares. Background: Air Asia X is a long-haul, budget airline based in Malaysia. The airline is operated by Air Asia X Sdn. Bhd. It is claimed by the company’s management that they are a leading low-cost, Long-haul airline, operating primarily in the Asia Pacific Region. Also, they believe that they have the lowest unit cost base of any airline in the world. This in turn has enabled them to offer fares that are targeted, on average, to be 30% - 50% lower than FSCs and to stimulate new market demand, whereby passenger volumes between Kuala Lumpur and other destinations they serve...
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...Leadership Styles at U-Haul Sales & Reservations and Implications on Job Satisfaction & Performance MGMT 591: Leadership and Organizational Behavior 12/14/2013 Introduction The organization chosen to be the topic of discussion is U-Haul international, located in Phoenix, Arizona. U-Haul is the largest DIY commercial moving truck rental company in the U.S.A and Canada. They rent and lease moving trucks, trailers, vans, pickup trucks, and storage facilities. U-Haul International is the headquarters for all the workings of U-Haul worldwide. The two 12 story towers reside in downtown Phoenix, AZ, where everything is handled from the executive level down to, marketing, sales and reservations, truck locations, the graphics department, accounting, and many other departments as well. When someone is looking to rent a U-Haul they call 1-800-Go-UHaul and reach the Sales and Reservations department. This department is the focus of my project paper. The Sales & Reservations department can employ up to 200 reservation representatives that quote moving cost and rent trucks and trailers to customers across USA and Canada. U-Haul International alone is worth $1.5 billion dollars. The Sales and Reservations department pays a minimum wage base salary and commission based on the number of moving equipment rented over the specified quota for your work hours. Some reps have made up to $3000 in commission alone in a month. Calls are monitored for accuracy, and your bonus/commission...
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...business which has been performing well. The LTL business, on the other hand had to be dropped owing to union contracts, health care amongst other union related issues which were becoming too costly in the face of increased competition in the deregulated market. Further, in the early 2000s, the business bought two agency companies which exposed it to the VLTL (volume less than truckload) hauling which it can further expand into in Cambridge. With this purchase, the company was now into four geographical markets - * Cambridge * Indianapolis * Cincinnati * Wheeling Problem Statement: The company’s business was drying down majorly at the headquarter city, and other areas primarily because of the following reasons: 1. Two of the largest TL Customers in Cambridge, closed operations or moved from the area. 2. Conditions in the freight industry had become increasingly difficult because of costs of fuel, insurance, maintenance, and new equipment were all increasing 3. The economy was shifting towards production and trade of lighter, higher value goods and more frequent shipment of smaller loads. 4. The increasing competition was leading to squeezed profits. The company can either venture out into new states thereby generating stable customers and long hauls or consolidate and improve their niche within few states in hauls leading to better direct service for a larger...
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...UNIVERSITY OF PETROLEUM & ENERGY STUDIES DEHRADUN Group Project RAILWAY LOGISTICS (HEAVY HAUL TRAIN OPERATIONS) RESEARCH METHODOLOGY (MBCQ 721) Submitted to: Dr. NEERAJ ANAND Associate Professor& HOD – QT/RM/Operations CMES Submitted by : Name: AmolKhare Roll No: R600212004 Name: Ruchika Sahu Roll No: R600212039 Name: Rahul Kushwah Roll No: R600212031 MBA (LSCM)Sem II Batch 2012-14 Railway Logistics (Heavy Haul Train Operations). Page 1 ACKNOWLEDGMENT Our deepest thanks to, Dr Neeraj Anand, Associate Professor & HOD–QT/RM/Operations for College of Management and Economic Studies, as a guiding hand for us. He has taken pain to go through the project and also had spent time in giving necessary suggestions as and when needed. We would like to express our gratitude towards Mr R K Khare, Assistant Design Engineer, Track Department, of Research Design and Standard Organisation, Lucknow. Thereby our parents & classmates for their kind co-operation and encouragement which helped us in the completion of this project framework. We would like to express our special gratitude and thanks to industry persons for giving us such attention and time. Our thanks and appreciation also goes to the colleagues in developing the project and people who have helped us out with the different aspects of this Project. Date: 23, April 2013 Names: Amol Khare Rahul Kushwah Ruchika Sahu Railway Logistics (Heavy Haul Train Operations). Page 2 INDEX Sr. No. Topic Page No. 1...
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...environmental impacts. Trucks: In countries where large-scale intercity trucking operates efficiently in medium-income countries with predominantly flat terrain, recent experience is that the transport cost per km for a truck-trailer is between US$0.75 and US$ 1.25. For a typical load of 20 tonnes, this works out at US cents 4-6 per tonne km. By contrast efficient small-scale transport in rural areas using small trucks may have a cost of US$ 0.20-0.30 per tonne-km, although it is common for the rates to be expressed on an hourly rather than km basis. Inefficient operations may push these costs much higher. Main factors that affect trucking costs are • economies of scale in truck size, which favor the use of larger trucks, • back-haul possibilities, which depend strongly on the demand pattern, • empty running and idle time due to seasonal variations in demand, • restrictions on working hours, for example due to regulations or safety reasons, • road conditions such as mountainous terrain, deteriorated pavement and traffic congestion, • enforcement procedures along the road and at border posts, which can delay trucks and impose high unofficial payments, • standard of trucks, in terms of design and condition, which affects speed, availability and consumption rates for fuel, spares and other inputs, • availability of freight forwarding and other services, which is often poor in remote areas, • quality of service offered (specialized freight services may involve higher...
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...number of factors in which we can examine to determine this: 1. Find the main source market profiles? * To get this result I will be using Primary Source information by sending a questionnaire. 2. How is the company continually expanding? * Quantitative paragraph researches how Aer Lingus has progressed over the last 10 years and how the new focus today is for an ever expansion of its long haul flights. 3. What differs Aer Lingus to other airlines? * Qualitative we have a look at the service levels that make this airline unique. * Secondary Data shows who Aer Lingus is partnered with to connect Ireland with the rest of the world. * Strategy specifies why Aer Lingus cannot be a Ryanair. * Routes Operated by Aer Lingus is more central to the peripheral airports offered by Ryanair. * SWOT analysis goes into further detail on how this airline is distinctive from others. History: Aer Lingus was founded by the Irish Government in 1936 to provide air services between Ireland and the UK. Its name is derived from the Irish 'long' meaning 'ship' and is therefore translated as 'Air Fleet.' On 27 May 1936, Aer Lingus made its maiden voyage from Baldonnel Aerodrome in Dublin to Bristol (Whitchurch airfield) in the UK. A six-seater De...
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...to a recent interview with a client suffering from PD over the course of ten years, the disability directly impacted his personal life, financial status, and family members. The next discussion talks about how the patient learned about his disease and the personal impact it created at the beginning of the disease process until the peak onset later in his life. How the patient learned about his disease During the interview with the 65 year old male client, who was recently hospitalized for shortness of breath and worsening peripheral edema, the wife also gave a brief history on how the disease was discovered. The patient currently lives at home with his wife as the caretaker and the mother of two young adults. According to the recent studies, signs and symptoms typically begin between 40 and 70 years of...
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...Southwest Case Study 1. What are some of the ways in which Southwest is different than other commercialairlines? There are many elements that contribute to Southwest Airlines' success in the airline industry. These elements include service, operations, cost control, marketing, and the corporate culture. Southwest made flying fun for employees and customers by making everyone feel like they are part of one big family. Management encouraged good relations between employees and passengers that resulted in high employee job satisfaction and low turnover. From an operational perspective, Southwest Airlines distinguished themselves from other airlines by incorporating cost saving programs such as the airline doing its own ticketing and not going through a travel agent. Southwest flew passengers nonstop to their destinations and did not promote connecting services. Southwest focused on flying passengers into uncongested airports and did not transfer baggage to other airlines. Only drinks and snacks were served on board. Southwest Airlines only flew newer Boeing 737 jets, which required less maintenance, and hence reduced the time needed to "turn" an aircraft around from an industry average of 55 minutes to 15 minutes or less. Southwest Airlines emphasized cost control and all employees worked together to minimize costs. Pilots developed new procedures regarding takeoffs and landings and fuel was purchased from vendors with the lowest prices. Marketing was an important element to...
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...Obsessive Compulsive Disorder (Case Study) By: Bryan Chadwick Mr. Wolf is a 45 year old store holder who always washes his hands. He constantly checks and rechecks his part records, gear, and his representative's calendars. After his wife raises worries about his work execution and failure to rest, he is alluded to a doctor. After testing was preformed Mr. Wolf was diagnosed with OCD. OCD is described by irrational considerations and apprehensions fixations that lead you to do monotonous practices additionally know as impulses. It's likewise conceivable to have just fixations or just impulses and still have OCD (Staff, 2015). The habitual share identifies with the individual not having the capacity to oppose the demonstration of performing acts. With OCD, the individual is not able to stop their manners of thinking or activity in doing assignments In light of the malady and stage it exhibits, Jim ought to get an essential level of consideration. The two primary sorts of treatment for OCD are psychotherapy and drugs. Getting both sorts of treatment ought to permit Jim to carry on with a superior existence without having the tension about his day by day impulses. Jim and others can discover more data about the reason, impact, and treatment alternatives accessible from their essential consideration supplier (PCM) or from trustworthy therapeutic diaries and healing facility sites. The Mayo Clinic offers some important and respectable data via their website. Adapting to over...
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...needs structure, stability, and unlimited supply of love to recover from or even manage the disorder. The American Journal of Family Therapy provides a case study of a four year old boy named Tom living in his sixth foster home for the past ten months, with the diagnoses of RAD. Tom was born to a mother addicted to crack cocaine, used during pregnancy, incarcerated ending in the loss of custody of Tom. A three-stage treatment plan has been designed to fit the needs of Tom and his family in effort to provide bonding with foster parents along with trying to relieve the frustrating day to day living for Tom and his caregivers. All other treatments previously have failed and parents are discouraged, tired, and it is tearing the family apart. Five other siblings are in the household as well....
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...Hefty Hardware’s is planning to accomplish their new project Savvy Store Program. This has shown conflict in viewpoints between IT Department and Business side Of Hefty Hardware. Considering the case study of Hefty Hardware, I identified certain communication issues between the IT and Business departments. They do not appear as if they exist together. Rather, they exist as two different cases. Business and IT targets are not intentionally balanced despite of the selective principles towards IT effect more on business. Breaking down the situations, it appears to be lack of energetic participation of IT conflict in the framework change of Savvy Store program. In my view, IT forms a major component of today’s progressive world. The role of IT department in a business environment is to provide technological support to the whole organization wherever needed. IT department also keeps an eye on new tools and software which may enhance the efficiency of the organization. In addition, whenever the company faces technological issues then IT department is responsible to solve the problems. Both Business and IT has many identified and unidentified shortcomings. Initially, staff in IT office seems to have nonappearance of adapting on how the affiliation functions are going on. The scope that the other IT selection goes, the establishment of IT framework in the affiliation simply pivots around making efficient and genuine IT structure to give a successful stage to business performance. The...
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...accessible in around 190 countries. Unilever claims more than 400 brands, yet concentrates on 14 brands with offers of more than 1 billion. Unilever is sorted out into their fundamental divisions - Foods, Refreshment (drinks and frozen yogurt), Home Care, and Personal Care. It has innovative work offices in the United Kingdom, the Netherlands, China, India, and the United States. Unilever is a multinational consumer goods company. It recruits hundreds of valuable and skilled professionals in every country. Unilever items touch the lives of more than 2 billion individuals consistently – whether that is through feeling awesome in light of the fact that they've got gleaming hair and a splendid grin, keeping their homes new and clean, or by appreciating a some tea, fulfilling dinner or solid nibble. Unilever is a company has global impact on people’s life. It brings many benefits and conveniences for people all around the world. The aim of this report is to focus and discuss about the objectives and missions of the company and analyses about their business activities in order to achieve their successes. (Unilever Homepage) Company’s objectives: Unilever – A clear direction The mainstays of their vision set out the long haul bearing for the company – where to go...
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...Low cost airlines Definition of low cost airlines Ryanair is a low cost carrier, well-known in Europe which started in 1991 as a ‘no-frills’ service airline between Ireland and the UK. By 1995, Ryanair spread to more European countries. Nine years later it carried 20 million passengers and 10 years after that, in 2010, the number of passengers doubled to 45 million. This low-fare short-haul airline was no\t the first airline was not the first airline with these characteristics. It was Southwest Airlines, an American airline which was introduced in 1967 and still going strong in 2016. (Quintano, 2015) Low cost airlines can be defined as being practical in a way that different low cost airlines offer different services. Some low cost airlines...
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...SOUTHWEST AIRLINES CASE STUDY COMPANY OVERVIEW Southwest Airlines Co. (“Southwest”) is a major U.S. airline that primarily provides short haul, high frequency, point-to-point, low-fare service. Southwest was incorporated in Texas and commenced operations on June 18, 1971 with three Boeing 737 aircraft serving three Texas cities-Dallas, Houston, and San Antonio. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. It also has one of the best overall customer service records. LUV is Southwest’s New york Stock Exchange symbol, selected to represent the company’s home at Dallas Love Field, as well as the theme of Southwest’s employee and customer relationships (Southwest Airlines Investors Relations statement at www.southwest.com10/10/04). Vision: To have a conservative increase growth, capitalize and cutback schedules of other airlines. To continue expanding conservatively in long-haul success. The company’s mission is clearly stated and communicates its information throughout the organization and to its customers. The Mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and company Spirit. To our employees we are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness...
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...1. With reference to the case study, summarise the relationship between goals, objectives and policy and advise the management of Scotia Airways of the contribution each will make to effective managerial performance. The main goal of the Scotia Airway is to expand its business as international airline. So, it sets some objectives to support this goal. The first objective is that the international flights of the Scotia Airway to use only custom built wide bodied aircraft and would not offer the economy class travel. The second objective of the Scotia Airways has been able to retain the same management teams which were brought to the business in 1996. The third objective is the ambitious programme for expansion over the next 5 years to include long haul destinations. All of these objectives are complied with SMART criteria. SMART means that S – Specific, M- measurable, A – attainable, R – relevant and T- time bound. Scotia Airways retains the same management team form 1996 so that to be retain the working relationships between staff and management team. To retain the management team and to retain the working relationship are relevant to each other. For third objective, it express year particularly, it is measurable because it has term expression. It can be attainable to fly for the long destination. As depicted over, it will probably be international airline. Along these lines, to fly the whole deal destination is significant and to accomplish this target they set 5 years. Thus...
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