The Dream Life Theater of Mine

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...

Kinda life that I never dreamt I will have..after exam straight start practice for CIMA...and looking for a part time work. Life... Hoping to get a teaching post anytime soon...cos my life hinges on it..and oh yes those Kenshido bugggers. thank god they have not been bugging me since...I really do want to start this business but time has not been on my side so much..so many things to do..so little time. Well, wishing for a shooting star to fall, hoping for someone to love me. Hoping for that someone to care for me again. Meantime, I gotta dream on.. Oh dear gotta go ttyl

well, while doing my ACC304 assignments, I am pondering over something: What if accounting did not grow? What if the accounting profession do not converge? Why are there so many changes in accounting standards and why are they ever a changing? I just wished it didn't...then we wouldn't have so much standards to follow, but nevertheless, thanks to those @#$%^&* Enron people and Arthur Andersen, accountants are nothing much worse than criminals..I just into accounts cos of the love for numbers and money.. Accountants - underpaid but overworked...and forced to fraudulent accounting of firms wealth.. wished there is a real life accounting practice on carbon reporting, but judging from preliminary info researched, the world is not ready yet for GHG reporting... sigh...do we even not care about externalities accounting? at least scientists do? =PP

Tutorial 9 Answers - chapter 5 rose and marquis referred to textbooks Question 1: 1. facilitates the flow of current savings into investment that promote economic growth 2. reallocates the funds to projects with high returns 3. Equate the money supply with demand for investments (Liquidity Preference Interest Rate theory) 4. An important policy tool for monetary policy Question 2 Risk free rate = rate that is earned without default risk. this risk free rate is a part of the other interest rates, where the risk free rate is anchored to interest rate and the difference is the risk premium. for example CAPM => ke = Rf + (Beta)(Rm - Rf) where Rf = risk free rate or return Rm - Rf = risk premium ke = cost of equity Q3 refer to text... assumptions of the classic theory - ignores the FI ablilty to create credit - ignores the income impact on investment demand and savings supplied Q4 refer to text for full explanation assumption of preference liquidity theory - income is stable -constant ...

As busy as I am, I dunno why, but the time has run out... Assignments piling up day after day and i seem to respond badly....keep waking up at odd hours, sleeping at odd ones, and yes, made someone really angry... Maybe two..or many.. But life goes on, realising the ignorance that leads you here...

Wished those days never ends...=) Friends Forever...well I hope things did not change between u and me..sorry that it did

Its been awhile since I ever update my blog...busy with studies, research, assignment, and other activities. Quitted Toastmasters since I had lost my interest in it. I don't know why. but I have not being extensively studying. Felt like I am so left behind...and someone that makes me smile all the time, though I wanna run away from it, I get attracted to it even more. Is it love? Or is it crush? Or is it just me?? I don't know why, but there is always something that comes to my mind. I felt that I am really interested in this person, but I am also doubting her. Many thoughts appear in my mind, as much as I wanna avoid. i felt hapless as much as I don't want to fall in love again. I am afraid, my feelings for her is too deep. Its too complex for me to explain...maybe I felt like ending it all...by a trigger of a gun, but I know its stupid to take my own life cos I cant solve problems. I need focus and drive, where did it go? the more i am holding in the more i am falling in....

Happy Chinais News Year. May the year in front gives you the best things you ever need....and the things you need

Hmm dear alll What's up? its been awhile since I properly blog..yes its exam and I know I should be studying, but the urge to share what happened overwhelm me again...zzz....internal locus of control...work.... its kinda a roller-coaster ride and I dunno why...but its true, the more you try to understand life, the more you don't know it. Sometimes, I just wish love couldn't be so complicated..falling for the wrong people, and having a difficult time. But, nevertheless, experiences made a man, and I am now relieved to say that I am stronger..and learning more about my complex self... And I don't know why am a slow learner too...take me so long to learn something...zzzz felt like a useless guy with dyslexia...and I do...although I am not. And I am a left hander (and so u think I should be the smartest guy on Earth but I am not...) Weird huh?

This information is for students who are interested to start the MGT400 in Sem 1, 2011 (February 2011 semester) BEFORE starting the MGT400 Graduation project, please make sure you have fulfilled the following: 1) Going to complete the degree programme soon. Meaning this coming Sem1, 2011 and Sem2, 2011 are the last two semesters remaining to graduate; 2) Have done a research subject as an elective/compulsory subject such as MGT203 = ACCT/FIN/IB/ENT major; HRM301 = HRM major; and MKT303 = MKT major OR Research Methodology course = CSU double degree students OR those HUC students who have run-out of electives. ONCE you have done the above, or while you are doing the above, you need to submit a Proposal (project topic) by 24th January 2011 before you start MGT400.   Your Proposal should explain briefly (for example) : i) the topic of your choice; ii) what research methods to be used for the study; iii) brief of what type of theory or application for the study or to explain the stud...

Research....help,....

http://emohsquirrel.blogspot.com/2011/01/rofl.html THis is what happens when you use digi mobile bb in KL

Dear blog, Felt agony is smiling on my face. Yes, I am in misery. Felt down. Like almost a thousand suns away. Wondered what happen to me, this confusion I lived in. The clouds of darkness shrouded my central nervous system, and my hypothalamus seems on off mode. Sleepy. haunting me like an bad movie....help me!!!

I am so freaking missed out something that is inside of me. Why AM I feeling so down today>?? Why I felt like the missing part in me is..the DRIVE!!! THE HUNGER TO ACHIEVE SOMETHING... Have I lost it as I had too much of it in the past, in my academic life, or have I just slackened to be complacent with what I have? Have the thirst froe inquisitive knowledge faded away... I need that hunger back...seriously...or else I am relegated to the sands of the time, forgotten in presence, existance in history...the past is not the future KOK WENG...wake up!!!! I need to break every glasses and defy the gravity that is pulling me down...really can't be afraid of anything anymore. A man and a leader will have to face challenges and get things right when it is not working, kok weng. You can't just stay there and hope things will change overnight and work like it did before. things changes and people do leave..so stop living in the fog of the past memories and wake up and see that the sk...

Well, of all days, my tummy upset me. Got gastric pulak suddenly. And of all days, why must today?? =='' anyway, its just a beautiful day to do something again, and its such a waste wasting it away. Happy birthday Laney (chipmunkelaine).

Results released yesterday. That moment of truth finally came. The pump of the adrenaline turns into a sigh of relief, and a tearful moment. I usually do not cry when I saw my results, but I did yesterday. Taking it back to FOrm 6 days (my revival period), it was a moment I always looked forward to - the continuation of my rule at the top of the class. Number 1 was always my priority. Every word of my teachers and my Kasturi Tuition tutors are gold - jotted everything they said..study study study...play was only during chess club meetings or the time I am on duty as an IT Lab prefect. Fast forward to uni life, freshman year. Did the same. Still takes notes in class while lecturer is talking, always afraid of missing anything important. Did tutorials like it was no tomorrow. Did past exam papers to get a feel of the finals. the sweet ecstasy of victory often permeates my nostrils. Then, winning and knowledge, the ultimate goal of my life. Sophomore year- things started to change somewha...

Had a bad day

When i restarted blogging a year ago, i never really know what i wanted to write, or would this blog even go that far ( i deleted my old blog which had more than a hundred posts.) i tried in vain (then) to get blogging as a hobby in between my hiatus, but it failed. (Had many blogs floating around since then and not deleted them.) It wasn't till i met my go0d pal, Paul (who since then went to Japan to study) to get me interested again. Then met my current mates, who really got me to really start blogging again. Thanks to them, I wouldn't again blog without their support =)

Selamat Hari Raya Qurban to all my Muslim Friends. Normal blog updates will resume soon.

Did u knw dat it takes 3600 seconds to make an hour?