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Showing posts from July, 2011

See some funny rap- crap! if all girls are like this

I'm not your baby, please do not aloud me honey. You give me flash tepi, take a look at there own pocket money. Now the girls are reality, look to see the boys are in the car with the pocket money. I know you work to make money very hardly, but you do not banglo and no ferrari ~ pockets are always empty, each time just riding motor suzuki. I do not want to do with you after hak yi, so you better not to make me angry! ! Although every time I go out with you , but does not mean that you are my lovely. The idea did not even have ngam key, I want a Gucci with LV ~ If you feel lonely, go order ayam spicy. I do not like every time you nicely, so I did not get angry while you still give up early, at least you can leave me a wonderful memory

M2M - Day You Went Away Lyrics

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Well I wonder could it be When I was dreaming 'bout you baby you were dreaming of me Call me crazy call me blind To still be suffering is stupid after all of this time Did I lose my love to someone better And does she love you like I do I do you know I really really do Well hey so much I need to say Been lonely since the day The day you went away So sad but true For me there's only you Been crying since the day The day you went away Oh whoa .... yeah... oh...ooh... I remember date and time September twenty-second Sunday twenty-five after nine In the doorway with your case No longer shouting at each other There were tears on our faces And we were letting go of something special Something we'll never have again I know, I guess I really really know Well hey so much I need to say Been lonely since the day The day you went away So sad but true For me there's only you Been crying since the day The day you went away The day you went away The day you went away Oh whoa .... yeah

Capital Structure

Well, if you wonder what the title implies, its me talking about the ownership structure of the firm. Yes, the Question that bugs most CFOs. How will finance the firm? Debt? Equity? Both debt and Equity? or preferred shares? What are the best combinations that reduces cost of capital (WACC) to the firm? Firstly, Modigliani and Miller (1958) said there is no effect of combination of financing units with the firm value. Firm is valued upon the real assets the firms has, not the financial assets it creates. It is a mere marketing problem, whether the firm will want to sell the assets. Whole or pieces? Myers, in the Search of the Optimum Capital Structure(1984) said that there is no magic in leverage. He gave an example of how the firms can sell its assets by analogizing a chicken. CHicken you wondered? yea..he gave examples why firms with high debt ratio will not benefit from the debt it issued. First issue raised was the tax credits. Secondly, financially distressed firms with high intan