Financial Analysis of Blue Scope Steel Company Ltd and One Steel Essay

Financial Analysis of Blue Scope Steel Company Ltd and One Steel Company Plc - Essay Example We found that, though the two companies are quite profitable, Blue Scope Steel Limited is more profitable as we recommend those currently holding its stock should hold or buy more. Our recommendation is for our company to invest in this particular company. Globalization, the new information technology, and deregulation of financial markets and the quest for market dominance have eased the provision and search of finance. Today, millions of shares are traded every day on the world's stock markets. (Penman, 2003). Most often, investors see valuation as the first step toward intelligent investing. It has been argued (e.g. Penman 2003) that an investor can make informed decisions about where to invest once the value of shares are determine based upon the fundamentals. This is so because, without this value investors can either buy high or sell low Investors who trade on these stocks are often forced to ask themselves whether they are buying or selling at the right price. (Penman, 2003). Faced with too much information, Investors at times get confused with no clear indication of what the true prices of stocks should be. (Penman, 2003). Under such circumstances, the investor either make decision based on his or her instinct, such investors according to Penman (2003) are intuitive investors while others who make their decision based on capital market efficiency are referred to as passive investors (Atrill & Elliot2005). Penman, (2003) further argues that in making their decision, passive investors assumed that the market price is a fair price of the shares quoted. These investment mechanisms appear to be very simple, as they do not require much effort. (Penman, 2003: pp 3). How ever that is not the case as neither passive nor intuitive investor turn to be better off in the face of their decision. This is so because these sets of investors can either pay to high or sell too low (Damodaran, 2002). 1.1BlueScope Steel Limited According to the Company 2008 report, BlueScope Steel Limited (BlueScope Steel) is an Australia-based company (Report 2008). The Company is made up of different subsidiaries and is principally engaged in the manufacture and distribution of flat steel products; manufacture and distribution of metallic coated and painted steel products; steel building products, and sometimes in the design and manufacture of pre-engineered steel buildings

Criminal Justic Research Paper Example | Topics and Well Written Essays - 2250 words

Criminal Justic - Research Paper Example It was established in the eighties. Born in a poor family, Escobar got involved in drug business. By the time he was 22, he had become a millionaire. In 1989, he was the seventh richest person in the world. He became so influential that he could offer bounties for killing of an ambassador of the United States. He was one of the big three of the Medellin Cartel. His death was a significant step on the way of the United State’s efforts war on drugs. This essay will examine the rise and fall of Columbian Drug King Pin Pablo Escobar. The United States had to combat the growing threats of violence, corruption and murder used by the Medellin drug cartel to traffic cocaine into United State’s borders, and it declared an all out war on terror. The massive import of cocaine, subsequent effect on the price of cocaine leading to increasing cases of drug abuse necessitated the United States to act directly and take part in the efforts of the Colombian Police’s hunt for Escobar. Ultimately the United States were instrumental in imparting enough skills and training to the Colombian police to track down and bring down Escobar, the ruthless drug lord and murderer who had practically ruled Colombo for larger part of almost a decade. The experience of dealing with the Medellin cartel and the method used to hunt down Escobar also helped the United States to establish a system to deal with foreign drug cartels. It is thus important to study the way that the United States dealt with the menace of the Medellin drug cartel. The Medellin cartel was established in the early eighties by the drug lord, former car thief Carlos Lehder. Because of its geographical location favorable both for import of raw material from Peru and Bolivia and export by smuggling in to the United States, Colombia was a major country where cocaine was produced. Earliest references to the Medellin drug cartel date back to 1977, when the expression was first used in