Critically evaluate data & resources-critically analyse, Financial Management

Assignment Help:

Crown casino recently announced its intention to build a new 500-room luxury hotel in Perth costing approximately $568 million. As part of the agreement, the WA government has agreed not to oppose an application for 500 additional gaming machines and 130 additional tables, bringing the capacity to nearly the same as Crown Melbourne. The Executive Chairman, James Packer, was quoted as saying "This is not a great deal for me, this is a deal where I expect my share price to go down" (Australian Financial Review).

You are a research assistant for BankUTS. Recently, a new manager, Maureen McTeer, was promoted from the IT division and she has asked you to provide some industry analysis on the gaming sector in Australia and worldwide as they are considering a medium term (maximum 5 year) investment either in Australia or overseas. Maureen says that the high AUD/US exchange rate may create the right timing for a cheap US investment. She has limited experience with the US casinos but indicated that she thinks Wynn Casinos/Resorts is similar to Crown so she would like some comparative statistics. She is especially wondering about all the different types of businesses that are operating under the umbrella company. She would like an industry analysis of the gaming sector as well as some insight into the performance of Crown versus Wynn. She knows they are in different regulatory environments so she is interested to see how you will compare the companies. She does not expect a GAAP reconciliation.

In addition, she would like you to explain why Packer would make an investment that would decrease the share price since she thinks this is not logical.

Provide a maximum 4 page written summary on the gaming sector and answering the specific questions posed by your manager. You may include an excel document to support your write up. You will be judged on the criteria as shown on the cover sheet on the next page. Ensure you provide a conclusion about the industry you have chosen. Please bring your hard copy of this assignment to your tutorial teacher in week 4. Any backup excel documents to support your write up must be labeled appropriately.

Please include the cover page your name and student number as well as your official tutorial group time. The cover page is not included in the page limit. Your assignment will be graded on ReView and criteria for assessment are reproduced on the cover page. Please include any statements on the cover page that show how you have demonstrated that criteria in point form to assist the grader. These are optional and will not be counted in the page limit.

Please ensure this is your own work. If you do use any outside material ensure that it is cited in its entirety. It is not recommended to use any analysts' reports.

Any questions about the assignment please post on UTS online. Please go to ReView to examine the criteria for which you will be examined.

1)  Show and understanding of essential concepts necessary for a career in business and related professions - demonstrate through understanding shown in write up.

2)   Demonstrate inter-relationships between differing business and related disciplines.

3)   Critically evaluate data & resources in the context of relevant academic literature.

4)   Apply critical and creative thinking to address issues in business.

5)   Critically analyse and produce written disciplinary texts for academic and professional audiences.


Related Discussions:- Critically evaluate data & resources-critically analyse

What are the main elements of capital budgeting decisions, What are the mai...

What are the main elements of capital budgeting decisions There are three elements of capital budgeting decisions (i) long-term assets and their composition (ii) business

Finance, Do you provide help in college level Managerial Finance?

Do you provide help in college level Managerial Finance?

Walters model, A Ltd sells goods at Rs.10.P.U. Its variable cost Rs.7.P.U a...

A Ltd sells goods at Rs.10.P.U. Its variable cost Rs.7.P.U and fixed cost amount to Rs.1,70,000 it finances all its assets by equity funds. It pays 40% tax on its income. Z Ltd is

Expects the per capita expenditure, Expects the per capita expenditure: ...

Expects the per capita expenditure: A township expects its population of 5,000 to grow annually at the rate of 5%. The township currently spends $300 per inhabitant, but, as t

Bond ., The salem company bond currently sells for $955 has a 12% coupon i...

The salem company bond currently sells for $955 has a 12% coupon interest rate and $ 1000 par value pays interest annually an

Asset Securitization Structures (Excel help), #questAs an assistant vice pr...

#questAs an assistant vice president at a regional bank, your boss has tasked you to acquire $100 million of residential mortgages to be securitized in a pass-through MBS. There mu

Significance of secondary markets, Significance of Secondary Markets: H...

Significance of Secondary Markets: High liquidity and constant demand in the market need a diversified investor base with different preferences of demand, maturity and risk. Ap

Margining system, Margining System: Indian capital markets have finally...

Margining System: Indian capital markets have finally acquired an international flavor with the market-wide rolling settlement coming into place on both the premier exchanges (

Explain the purpose of corporate appraisal, PRC Company, a retailer of baby...

PRC Company, a retailer of baby clothes and toys, has been in existence for 20 years. Its approach to strategy has tended to be informal and emergent rather than planned. However,

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd