Write an abstract and make sure the paper and sources are in APA style Research

Write an abstract and make sure the and sources are in APA style - Research Paper Example To account for the differences in learning styles, the paper describes the actions that will be taken throughout the unit. It is also important to evaluate the learning of the students during the classes. For this, the paper describes the methods that will be used to assess learning of the syllabus. Finally, the paper describes the personal experiences and reflections of the author during the past teaching activities and indicates the success factors involved with conducting the course. Don Antonio Lugo High School, located in Chino, California, serves grades 9-12 in the Chino Valley Unified School District. Student body: 2,232. It has received a Great Schools rating of 6 out of 10 based on its performance on state standardized tests. Rational: Contemporary poems and songs are mixed in with old â€Å"classics† to give students a range of poetic experience. Attention is paid to including American, English, and Spanish content, and all the poems are quite accessible. Students will gain practice identifying poetic devices (such as metaphor, personification, imagery, etc.) because even though they may dislike these â€Å"mechanics† of poetry, they may need the information for future standardized exams. The unit involves lots of student participation. In addition to regular group work in class, students are asked to bring in poems or songs they feel are examples of good poetry, and to present these to the rest of the class. They’ll also write poems of their own, which will be shared during an informal â€Å"coffee-house class† during the final class of the poetry unit. Lots of poetry books, refreshments, chairs in a circle; invitation at the door to take a straw â€Å"sip† some juice and find a poem that you like and would share with the class (sitting down, no presentation). Write the name, poet, book, page # on your invitation before the party is over. (Takes full period – 75 poetry books

Why is terrorism difficult to define Essay Example | Topics and Well Written Essays - 500 words

Why is terrorism difficult to define - Essay Example Terrorism, as Oxford dictionary describes, is (1) "government by intimidation as directed and carried out by the party in power in France during the Revolution of 1789-94 . . . " and (2) "policy intended to strike with terror those against whom it is adopted." It is interesting to see that both definitions hold a common viewpoint for those people who resort to threats and violence that is outside the normal oppositional struggle against their enemies. Although this definition is easy to understand, if we look deeper we can find that this definition is vague. The question that this definition fails to answer is ‘How do we measure what extent of violence is considered ''outside the normal oppositional struggle'’? As we begin to understand this problem, we find that there is no objective criterion available to us to gauge what extent of violence and threat can be called as an act of 'terrorism'. This difficulty to find what qualifies as an act of terrorism is even more diff icult since ‘terror’ is used to describe a strategy rather than an act. The strategy is to send a message to the higher ups in the government that they and their policies are vulnerable, that there is common voice in the public that are against government’s policies and that public has the capacity to attack the government in case those policies aren’t removed. The most common type of terrorism in the world is religion related. Multitude organizations all over the globe fight to uphold their religion.

Cyber Squatting Essay Example for Free

Cyber Squatting Essay In this paper I suggest tools and ways for internet users to escape from entering into fake WebPages due to spelling errors. Introduction Typo squatting is the purchase of a misspelled version of a popular domain name for the purpose of attracting visitors who make typographical errors when entering web addresses. This practice is a form of cyber squatting. Cybersquatters purchase domain names with the goal of trading on the popularity and fame of a trademark or company and in some cases have even managed to snap up domain names before a parent company has a chance to buy them. In the case of typosquatting, people take advantage of the fact that there are numerous potential misspellings of a domain that can crop up when people are typing in a hurry. If millions of people are visiting a website and even a small fraction make mistakes when they manually enter domain names, a typosquatter can profit. Typosquatters can buy domains with transposed letters, missing letters, or extra letters, like wiesgeek. com, wisgek. com, or wisege4ek. com. There are a number of things that a typosquatter can do with a domain. One option is to simply use the site as a redirect to the original domain, a trick used by some companies that buy some common misspellings of their domain names to cover their bases. Another option is to turn the domain into a link or ad farm, hoping that visitors will click on the contents and generate profits. Some creative typosquatters have used their misspelled domains for the purpose of political commentary or satire directed at the owner of the properly spelled domain. A more problematic practice occurs when typosquatters attempt to fool visitors. The typosquatting site may be designed to look a lot like the site the user intended to reach, tricking the user into thinking that he or she has landed in the right spot. Users might turn over confidential information, expose themselves to malware, or otherwise endanger themselves. Some typosquatters have targeted children with their websites by purchasing variations on domains commonly used by children, a practice that concerns law enforcement. Under the law, typosquatting is not necessarily illegal, although it can potentially be prosecuted under the Anticybersquatting Consumer Protection Act of 1999 in the United States. If a typosquatter is clearly using a domain name for fraudulent or misleading purposes, the site can be viewed as a violation of the law. However, sites that simply take advantage of a misspelling to send a political message or even to serve ads are not necessarily illegal. While some companies are aggressive about typosquatting, the myriad possible variations on a domain name means that typosquatters can give up the site in question and move on to another typo. Domain Squatting Internet domains are registered, rather than bought and sold, and they are available on a first-come, first-served basis. These ground rules lay the foundation for the practice of domain squatting, also known as cybersquatting. A domain squatter registers a site not for his or her own use but with the idea that it can be sold at a profit. Cybersquatters acquire names in several ways. They may pick up domain names that become available after a bankruptcy or when a renewal registration fee isn’t paid. They may also follow people’s checks on domain name availability and purposefully register the name if there is a pause while the person makes a decision. The goal of domain squatting is to make money.

Background Of The Industry Economics Essay

Background Of The Industry Economics Essay Since the middle of the twentieth century, many economic goes ups and downs, the pioneer of the world have seen many fundamental and far-reaching changes within society. The obvious view is the amelioration in economic wealth, has considered the improvements in standards of living for the ensemble of people living and working in these countries. These alterations have enhanced the improved productivity and redistribution of the workforce. Leisure and Hospitality industry has become part of integral industries that helps to improve in economic wealth, not only in Malaysia but in most countries. It can regard as a complementary of tourism industry. As it is an income generator by using sources of country to attract foreigners to come over and flourish other industries too. For instances, tourists who fly over Malaysia will have an opportunity to fumble a new investment and attempt to involve it, this might help our economy grow well because of the inflow currency injection. But first, what exactly is leisure and hospitality industry? This sector is made up of two parts, which are the arts, entertainment and recreation sector and accommodation and food service sector. The  arts, entertainment, and recreation  sector include a vast range of constructions that operate facilities or services provided to cater variety of cultural, entertainment, and recreational interests of their patrons, examples like theme park, shopping mall, theme museum. (Leisure and Hospitality Industry)For the most part, it is built luxury-based, evade from the fundamental needs.  While the accommodation and food services  sector comprises constructions providing customers with lodging and preparing meals, snacks, and beverages for consumption, examples like famous food, hotel with different rated and superior services.This service-based industry thrives on the leisure activities of patrons. This kind of business that the hospitality industry garners is momentary, but it acco unts a large sum of its revenue. Therefore, with the subtle leisure and hospitality industry will push the tourism industry up. (What Is the Hospitality Industry?) Leisure and hospitality industry had indirectly developed in so many aspects too such as land, country, other businesses and it also decrease the unemployment rate too. For the land development, hospitality experts did a good job of flourishing some unused spaces and built a glamorous building on it to accommodate tourist that need place to stay and obtain income from that way. With the phosphorous of hospitality industry, there have few rates of hotels for tourist to choose whether which will appropriate for them. For examples, Genting Highland Malaysia has a few different rate of hotel in the small same site to let the tourists have as much as choices to select their apposite hotels. For the development of other businesses, such as food, stores, theme parks and shopping malls will glowing too due to the intrude of leisure and hospitality industry. In contra versa, tourists maybe interesting in food or theme park or cultures of a country and tend to come over for that specific intention, this will also enhance the leisure and hospitality industry. For an actual example, Singapore recently has constructed a new theme park, Universal Studio and Casino have attracted a lot of foreigners spend their time in that country to regale themselves. Exceptional service is usually very important for. Customer satisfaction like what they purposely come for, usually leads to consumer loyalty, which helps to ensure the success of a company in the hospitality industry. For the development of country and decreasing the unemployment rate, leisure and hospitality has create an opportunity for the tourist to search a new investment as I said in the above paragraph and it has fill in the people that need a job. In conclusion, hospitality and leisure industry are so sensitive to economic and in competitive market conditions. Hospitality and Leisure companies have to cater the challenges of current world market by comprehending and arising strategies to meet economic conditions, consumer trends, competition, technology and concerns regarding security and social responsibility. (646 words) (b)Main Competitors in the Industry As we know, GentingBhdis a well-known corporation in Malaysia with its prosperous and successful hotel, resort as well asleisure industry.Moreover, hospitality and leisure is the main revenue for GentingBhd. Therefore, we will emphasize the hospitality and leisure segments in here. In fact, the only one large casino space in Malaysia is built in Resorts World Genting which means GentingBhd monopolizes the casino market in Malaysia as well. However, the GentingBhd is having a tough competition with several rivals in overseas casino market. Besides that, GentingBhdcompetes perfectly with other resorts and hotels nationally, regionally and also globally. Therefore, there are few competitors in hospitality and leisure industry that GentingBhd might beware. Las Vegas Sandsis one of the main competitors for GentingBhd. Recently, it developed Marina Bay Sands in Singapore and it is the most expensive standalone casino property in the world. With its distinctive and marvel architecture of the resort the Sands Skypark and also the amazing and luxury interior of the casino, it does attract many gamblersglobally which gives an impact to Resorts World Sentosa in Singapore. (Acura, 2010)Resorts World Sentosa is one of the resort and casino properties of GentingBhd. It is one of the most expensive casino properties in the world after Marina Bay Sands.(Wikipedia, Resorts World Sentosa) Indeed, the third quarterly reports in 2010 shows that opening of Marina Bay Sands has wiped out the gaming revenueof Resorts World Sentosa in the second quarter. (Cohen, 2010)It obviously indicates that Resorts World Sentosa have a perfect competition with Marina Bay Sands. In other hand, GentingBhd is also competing with MGM Resorts International, the Las Vegas-based casino company in global casino market.(Reuters, 2012) Resorts World Casino New York City is builtat Aqueduct Racetrack in New York City, USAby GentingBhd which was opened on 28th October 2011 and it is the first casino in New York City.(Harwood, 2011) In fact, GentingBhdhas beaten out MGM Resorts Internationals original proposal to build a casino at Aqueduct Racetrack in South Ozone Park.(Mosco, 2012)However, Resorts World Casino New York City is still in competition with MGM Resorts International which is holding a certain number of casinos in Las Vegas and also outside of Las Vegas such as MGM Grand, The Mirage, New York-New York and more.GentingBhd may lose their advantage if compare with MGM Resorts International because of their brand name is not recognized by people. In past few years, Genting Bhd has bought 3.2% stake in MGM Mirage and Genting Bhd took over the US casino operators investment in MGM Grand Macau.(Times, 2009)In fact, GentingBhdisholding more cash than any other gaming operators in the world and it is one of the advantages of GentingBhd in the competition. Resort World Genting monopolizes casino market in Malaysia and it ensures the profitability of Resort World Genting. However, there are various resorts in local compete with Resort World Genting such as Legoland Malaysia in Johor.Legoland Malaysia is owned by Merlin Entertainments and it was opened on 22nd September 2012. Legoland Malaysia is the first Legoland theme park in Asia and it attracts not only local visitors, and also foreign visitors especially Singaporean.(Wikipedia, Legoland Malaysia) In addition, the Legoland Hotel, Lego-themed water theme park and Lego-themed attractions nearby will be opening soon. It becomes one of the potential competitors of Resort World Genting. In conclusion, Las Vegas Sands, MGM Resorts International and Merlin Entertainments are mainly competitors of GentingBhd. A good competition will lead a better performance of a company. Thus, we have a high expectation for GentingBhd. (604 words) (c) Risk factors of the industry The leisure and hospitality industry is expected to assume a greater role in driving economic growth during this decade. It is a business that providing goods and services in terms of entertainment, recreation and tourism. Leisure and hospitality industry is also assisting in the contribution of the gross domestic product (GDP) by creating job opportunities. (Economywatch.com, 2010) With the rapidly expansion of leisure and hospitality industry, there are general risks encountered by the companies. Therefore, managing risks is became an indispensible issue for every company. There are several sources of risk which are market risk, credit risk, interest rate risk, and so on. These risk factors are largely beyond the control of the Company and its directors because of the nature of the activities of the Company. a. Market Risk The fluctuations in the aggregate market assist the variability in a securitys return. Unfavourable economic growth such as high unemployment, recessions, or other unexpected events like war and natural disaster affect to the entire market and lead to the occurrence of market risk. Due to the economic changes, the value of investments may reduced over a given time period. It is also called as systematic risk. (investorwords.com, 2013) In order to protect against market risk, asset allocation and diversification can be used because different portions of the market tend to underperform at different times. As a fact, a total of 64 projects were approved with total investments of RM1.9 billion in the hotels and tourism subsector in 2011. Domestic investments totalled RM1.8 billion (94.7%), while foreign investments amounted to RM63.1 million (5.3%). In comparison, investments approved in the hotels and tourism sub-sector in 2010 amounted to RM2.5 billion, most of them were domestic investments. Amount of investment is reduced about RM 0.7 billion from 2010 to 2011 due to the economic crisis. (MIDA, 2011) b. Credit risk Exposure to credit risk in leisure and hospitality industry arises mainly from sales made on deferred credit terms, cash and cash equivalents, deposits with financial institutions, money market instruments and debt securities. (Genting Berhad, 2011) The companies which allow customers to pay in credit terms would encounter credit risk as including lost principal and interest, increased collection costs, and disruption to cash flows. The loss can arise in a number of circumstances. It is closely related to the potential return of an investment. (Investopedia.com, 2013) Risks are minimized through effective monitoring of receivables and suspension of sales to customers whose accounts exceed the stipulated credit terms. Credit limits are set and credit history is reviewed to minimize potential losses. Credit risk is closely tied to the potential return of an investment, the most notable being that the yields on bonds correlate strongly to their perceived credit risk. (Genting Berhad, 2011) c. Currency Risk Currency risk is the risk that fluctuation of the fair value or future cash flows of a financial instrument caused by changes in foreign currency rates. (BERJAYA, 2011) Most of the companies invest internationally in global investment arena therefore they face currency risk when they convert the foreign gains back to own currency. For example, Genting Berhad and Berjaya Corporation Berhad contribute their leisure and hospitality business in other countries such as Singapore and United Kingdom. They are exposed to various currencies. Due to the uncertainty of currency, they confront currency risk when they change the earnings to Ringgit Malaysia. Foreign currency exchange rates can change an investors total return on a foreign investment significantly, despite how well the investment performed. Some companies attempts to significantly limit its exposure for committed transactions by entering into forward foreign currency exchange contracts within the constraints of market and governme nt regulations. (Genting Berhad, 2011) d. Interest Rate Risk Interest rate risk is the risk of variability in a cash flow or security of company which resulting from changes in the interest rate level. (moneyterms.co.uk, 2012) It arises mainly from the companys borrowings and debt securities classified as fair value through profit or loss and available-for-sale financial assets. Borrowings issued at variable rates expose the company to cash flow interest rate risk. Debt securities at fixed rate expose the company to fair value interest rate risk. (Genting Berhad, 2011) The interest bearing assets are made up of deposits with licensed financial institutions, staff loans and interest bearing receivables. It generally affects securities inversely which showing that security price move inversely to interest rates. To reduce interest rate risk, some companies manage its interest rate risk exposure from interest bearing borrowings by maintaining rate borrowings of fixed and floating. They actively review the debt portfolio, taking into account the investment holding period and nature of assets. This strategy allows them to capitalize on cheaper funding in a low interest rate environment and achieve a certain level of protection against rate hikes. e. Liquidity Risk Liquidity risk is the risk that a given security or asset cannot be bought or sold rapidly in the market to prevent a loss. Liquidity risk arises when a company interested in trading an asset but unable to do it because nobody in the market wants to trade it. The more uncertainty of time and price, the greater the liquidity risk. It becomes quite important to companies who are about to hold or currently hold an asset, since it affects their ability to trade. (Wikipedia, 2013) Liquidity risk causes company encounter difficulty in meeting financial obligation due to the shortage of funds. In order to minimize liquidity risk, some companies manage their operating cash flows and the availability of fund so as to ensure that all funding needs are met. As part of their overall prudent liquidity management, companies may also maintain adequate levels of cash or cash convertible investments to meet their working capital requirements. In addition, companies strive to maintain available banking facilities at reasonable level to their overall debt position. As far as possible, companies raise committed funding from both capital markets and financial institutions and prudently balances their portfolio with some short term funding so as to achieve overall cost effectiveness. (BERJAYA, 2011) (d) Industry performance as compared to the general economy for the last 3 years As we all noticed, the economic decline was registered in several countries in 2009 such as United States, Euro area, Japan, Singapore and also Malaysia as the global financial crisis was led to a sharp contraction of the global economy.GDP growth rate in Malaysian economy contracted by 1.7 per cent due to a significant drop in manufacturing sector and mining quarrying sector shrank, which is 9.4 per cent and 3.8 per cent.(Centre F.G ,2011) Leisure and hospitality industrymakes an important contribution to the general economy. It is because it provides a large share of employment opportunity for the world. It included the careers in particular specialist areas such as marketing, human resource, finance and accounting, or business management. This can evident by employment in the leisure and hospitality industry for the entire world was 13.2 million in September 2009 and accounted for 12.4 percent of private industry employment.  (Bureau of labor statistics) Leisure and hospitality services include a wide variety of activities that attract tourists such as entertaining recreational areas, resorts, concerts and sporting events, restaurants, and accommodations. (Bureau of labor statistics).Leisure and hospitality industry performance consider at the good level in 2009 although the GDP growth rate is negative. This statement can be proof by the performance of Gentingbhd, which is the example of the leisure and hospitality in Malaysia. Based on the annual report 2009 of Gentingbhd, leisure and hospitality division had higher volume of business generated led to the higher revenue contribution from Resorts World Genting (RWG). Besides that, the annual report show that the performance of the integrated resort of Gentingbhd in 2009 was better than last year 2008, which was received 19.5 million visitors in 2009 compared with 2008 was 19.2 million. Resorts World Genting operates 41 of a total of 133 outlets in 2009 and the outlets catered to a record high of more than 14.4 million covers in 2009 as compared with 2008 was 13.7 million. (Gentingberhad annual report,2009) However there are some hotel in Malaysia are struggling to tackle the problem of declined occupancy rate in 2009. Therefore they were implemented some creative and innovative ways to attract their guests and earn their confidence once again. GDP growth rate of the Malaysian economy in 2010 expanded by 7.2percentage compared with the economy contracted by 1.7percentage in last year 2009. The expanded GDP growth rate due to significant grew of the two largest segments which play an important role in the overall economy. There are economy services and manufacturing, which grew by 6.8% and 11.4%. (Malaysia economy update, 2011)Tourism is one of the main drivers of the growth of the leisure and hospitality industry in Malaysia. Malaysia saw 24.6 million tourist arrivals in 2010. The development of the tourism will definitely leads to the drastically expanding of the leisure and hospitality in 2010. The number of hotels has expanded from 1,492 in 2009 to 2,256 in 2010, which was rose by 37.3 percent.(Ninth Malaysian Plan 2006-2010). 2010 was an active year for leisure and hospitality industry like Genting Malaysia as it took concrete steps towards expanding in the UK and in USA. This action guide the Genting Malaysia to have t he largest number of casinos in the UK with 46 casinos as at 31 December 2010 and five premier casinos located in London. ( Gentingberhad annual report,2010 ) 2011 saw the world facing unexpected crisis in many countries before the global financial crisis of the preceding years could dissipate. These unprecedented crisis such as the tsunami in Japan, major floods in Thailand, devastating earthquakes, the Euro-zone sovereign debt crisis and the Arab Spring revolutions. These factors had financially impacted many industries and corporations globally. Therefore, the annual GDP growth rate of Malaysia economy was drop to 5.1percentage, rather drastic drop against the 7.2percentage in 2010. (Malaysia economy update, 2011) This year was tough and challenge time for leisure and hospitality industry. However, some leisure and hospitality industry in Malaysia like Gentingbhd had marked this year as the official opening of Southeast Asias first Universal Studios Singapore at Resorts World Sentosa, the official opening of Johor Premium Outlets in Malaysia which is Southeast Asias first Premium Outlet Center and the launch of Resorts World Casino New York City in the United States of America although the economy remains uncertain. (Gentingbhd annual report, 2011) Besides that, the first Legoland Malaysia was announced on 6 December of 2011 to open Legoland theme park in Asia-Pacific and the sixth in the world. (Lua,M.L,2011 ). GROSS DOMESTIC PRODUCT GROWTH OF MALAYSIA, 2009 2011 (%) (Ministry of International Trade and Industry (MITI) Malaysia, 2011) (e) Prospect and estimated growth for the industry in the coming year. Nowadays, organizations within leisure and hospitality industry are faced with increasingly complex issues on branding, operational excellence and growth. There are many accompanying societal changes with great significance for the industrys operators.   Demand and consumer expectations have continued to expand with the evolution of a global marketplace. (Background to the hospitality industrys workforce, 2010) From international perspective, leisure and hospitality industry is now claimed to be the worlds fastest growing industry and also one of the leading earners of foreign currency. Nationwide employment in the leisure and hospitality sector  rose to 13.66 million jobs in August, based on the latest seasonally adjusted data from the  U.S. Bureau of Labour Statistics. This means many people willing to engage in this industry as they maybe forecast it might be a flourished result in the future. (Thomas) However, the UK and other western economies are going through a prolonged period of structural adjustment and relatively low growth and volatility is likely to persist through the mid-2010s. Against this disappointing backdrop, the London hotel market has demonstrated remarkable resilience. Revenue per room dipped by 5% in 2009, but has since rebounded by 25% to reach a record high. The surge in new supply during 2012 and 2013 may bring down occupancy but we do not expect these temporary factors to hold London back for long. In the UK regions, the picture is different. Here demand is more dependent on the domestic economy, which has been squeezed by high inflation and the aftermath of the financial crisis. Despite near 70% occupancy rates, hoteliers have been unable to pass price increases through the market. We expect revenue per room and rates to remain broadly flat in 2013, as they have since 2009. (UK hotels forecast 2013) Figure 1.1 Forecast charts Leisure and Hospitality in 2013 (PwC UK hotel forecast 2012 and 2013) From Malaysia perspective, GentingBerhad is the domain in hospitality and leisure industry. Casino, hotel and theme park are the main sectors which contributed by GentingBerhad. Thus, we exert GentingBerhad as the standard to interpret the prospect of Malaysia. Among   the   mass   market   domestic   visitors,The total visitor arrivals to Genting Highlands remained stable. Unlike Singapore, where gaming volume is volatile, Malaysian gaming volume held up well growing at double-digits for VIP gaming and mid single-digit for mass market gaming. As such, Genting Malaysia with 83% of its revenue generated frm its stable Malaysian gaming base provides greater earnings compared with GentingBerhad, which is facing greater earning volatility   from   Genting Singapore which contributes a sizeable 55% of GentingBerhads group profit while the operating environment in Singapore remains challenging given its heavy reliance on VIP gaming, which is feeling the impact of the global economic slowdown as well as regulatory restrictions on full-fledged junket operations in Singapore. (2013 STRATEGY GAMING (OVERWEIGHT), 2013) While another evidence to proof that the hospitality and leisure industry is in a high profitability industry, is according to Tourism Malaysia statistics, tourist arrivals to Malaysia rose 3.9% to 12.8 million in the first seven months of the year against 12.4 million in the previous corresponding period. For the first six months, tourist arrivals in Sabah grew by 1.2% to 1.12 million compared with 1.11 million in 2007. (The STAR, 30 Aug 2008).Tourism always related to the hospitality and leisure industry, each other is complementary. So with the gaining figure, it apparently pushed up the industry to the climax. Question 3 In conclusion, we will suggest investors invest in Genting Berhad stock. There are some analysis and evidences support our point of view. In our analysis, the P/E ratio of Genting Berhad is 16.90 times. If compare with Malaysia gaming industry P/E ratio 13.8 times (Based on Kenanga Research, 22 November 2012), it is considered high. Moreover, the latest P/E ratio is also higher than 2011 year which is either 14.1 (Based on Kenanga Research, 22 November 2012) or 13.6 (Based on OSK Research, 22 November 2012). Apparently, increasing in P/E ratio reflects that investors expect Genting Berhad will outperform in the following years. It tells us that investors have confidence and high expectation on Genting Berhads future. On the other hand, the estimated dividend growth rate of Genting Berhad is 3.54%. It seems like not much attractive to investor since Genting Berhad pays a low dividend. However, it is a signal of growing for company so that investors can expect to make more money by in vesting in Genting Berhad stock in following years. In the calculation of estimated Genting Berhad share price, we got an extremely low price which is RM0.65. It is a huge range of extent from current price RM9.70 (Retrieved on 7th January 2013). However, it does not indicate that we should not invest in Genting Berhad. In our opinion, the dividend discount model formula is not suitable to apply in here. It is because Genting Berhad gives a very low dividend while its share price is greatly high. Therefore, the estimated share price in result will be tremendously small. In a word, the unrealistic estimated share price as above is meaningless. In addition, the Kenanga research and OSK research has rated the Genting Berhad as outperform or valuable to buy. Moreover, both of the researches predict the share price of Genting Berhad will be raised to around RM10 whereas the current price of Genting Berhad is RM9.70. (Retrievedon 7th January 2013) Obviously, it shows that Genting Berhad is still valuable for investor to invest. Genting Berhad has a dividend yield of 0.652% which is considered less attractive. However, this is one of the strategies of them to reduce expenses in order to contribute in their business expansion. It was announced that Genting Berhad is venturing into pharmaceuticals. A wholly-owned subsidiary of Genting Berhad, Genting Management (Singapore) Pte Ltd had invested USD31.5m in TauRx Pharmaceuticals Ltd. We believe it may bring impact to the stock price of Genting Berhad because they try to get involved in more sectors in market. ROE of Genting Berhad was fluctuated and was declined from 2011 to 2012. The fall of net profit margin, asset turnover ratio and leverage ratio had caused the declining of ROE. Even though higher ROE is preferable, but ROE may decrease due to some circumstances. The drop of proportionate profitability may assist the rising in corporate income and hence decreasing in net after tax profits. Earnings may still growing but ROE would decrease. When Genting Berhad prefer to become more asset intensive, which means that the company has to generate more assets to increase sales, ROE will decrease despite growing earnings. If the company is paying down its debt by shareholders equity, equity multiplier will decline, ROE will decrease intensely. Therefore we should compare with other parameter. As we know that Genting Berhad is the blue chip company, it indicates that the stock price of a Genting Berhad usually follows the SP 500 and normally it will not have a big fluctuated in the changing of share price. Based on the earning per share (EPS) as we estimated above, it shows the EPS of Genting Berhad will grow from 54.4267cent to 56.4490cent. Therefore it means the companys profitability will remain at the high level for next year. The growing EPS also indicate that the performance of the company will keep improving in the future. It will lead to the value of the Genting Berhad share grow up in the future. Therefore we suggest the investor to invest in Genting Berhad. Besides that, we estimate that the growth of the Genting Berhad from 2012 to next year 2013 is 13.0844%. It tells us that the Genting Berhad is going to grow in the coming year although the uncertainty economy changes. Genting Berhad is not only concentrate in its leisure and hospitality industry, it also included gaming and entertainment businesses, plantation, the generation and supply of electric power, tours and travel related services. It involved some development like property development and management, genomics research and development, oil and gas exploration, production activities.  (Investor.com, 2010-2012). This is definitely shows the strength and advantage of the diversity of Genting Berhad. As we all noticed that the leisure and hospitality or gaming entertainment industry are growing very fast in the current economy. If unfortunately one of these industrys performance goes down, it still can recover by others industry which have a constantly good performance over pa st years. Genting Berhad already is a well-known company in Malaysia, the total visitors is remained stable and keep increasing. Although every year is challenger for Genting Berhad, they can always do their performance well until reach the expectation of the investors. The other evidence is the increasing of their dividend payout ratio. We estimate that the dividend payout ratio will keep increasing to 11.024% next year. It means how well the earnings of Genting Berhad can support its dividend payments to the shareholders. This higher payout ratio will only given by the mature company. (investopedia, 2013) Therefore, the shareholders of the Genting Berhad can enjoy its increasing dividend per share every. All of the evidence can definitely support the investor to invest in Genting Berhad.

Cuban Missile Crisis Essay -- History, Russian Nuclear Weapon

The discovery of the nuclear missiles in Cuba was a vast turning point in the way that the world would progress in terms of communication and various entertainment and political positions from that point forward. Before the assumptions of the United States were proved about the Soviet Union holding nuclear weapons in Cuba, there was a great lack of communications between the nations that caused major conflict between these two nations. The moment the nations got connected many problems could be solved, but until that point in time, there was misunderstanding and an apprehension of the unknown among many people who inhabited the United Sates. The Cuban missile crisis was the beginning of a revolution in communications between nations, but the spark to a great deal of worry among the people of the United States and other surrounding nations. People just did not know what to believe when it came down to the effects that these nuclear weapons were going to have on the nation and the world as a whole. There was what could be considered a revolution as advancements showed up and new ideas and even cartoons came out, all with the universal basis of nuclear weapons. The positives outweigh the negatives on many levels and show that something that seemed so terrible really brought about many positive changes for the nation. The Cuban Missile Crisis began on October 14, 1962 when U-2 flight crews took photos over Cuba that were then analyzed meticulously by experts, who in turn found that there were in fact Soviet nuclear weapons in Cuba (Compston, 228). The Soviet Union and the United States were exceptionally close to an all out nuclear war that could have wiped out the entire human population. Photos were taken from a spy plane... ..., there was a huge need for the Cuban Missile crisis to occur and for the missiles in Cuba to be discovered, for the reason that if it had not happened, then there would still be a lack of communication to this day, or there would have been for numerous years to come, and the nation as we know it may not still be standing. This event in history was significant because it in fact did lead to the connection of the world to each other and therefore eliminated abundant tribulations. The nations would never have been connected by something as necessary as a hotline as early as they were at the time. Ultimately, the positives outweighed the negatives in that the only true negative was fear, and this fear was the fear of the unknown. Even something that has the skin or cover of destruction and disaster can have an underlying reassurance of a positive ending or outcome.

Kid Nobody Could Handle Essay -- essays research papers

In the short story, The Kid Nobody Could Handle, by Kurt Vonnegut, the main character of the story is George Helmholtz. He lives in a small town with his wife, is the head of the music department at the local high school and the director of the band. He is the most important person in the story because he is the only one, not psychiatrists, and foster parents, to make a difference in Jim’s life. Throughout the story, George is determined and hopeful, lonely, and fixated with the beauty of music. George Helmholtz, as the head of the music department at Lincoln High School, is very determined with his regular students and the gifted musicians of the band. Each semester and year at school he dreams of â€Å"leading as fine a band as there was on the face of the earth. And each year it came true†. His certainty that it was true was because he believed there was no greater dream than his. His students were just as confident and in response, they played their hearts out for them. Even the students with â€Å"no talent played on guts alone† for Helmholtz. After George catches Jim Donnini trashing the laboratory, he tells him that if all the schools were destroyed there would be no hope left, â€Å"The hope that everybody will be glad he’s alive†. His determination does not just touch his music students, all through the story he tries many ways to get through to Jim, finally at the end he succeeds. â€Å"George glanced at Jim Donnini, who sat at the last seat of the worst trumpet section of the wors...

Explain the significance of Marco Essay

In the play, Marco is very important. After all, he was the one person who killed Eddie Carbone which is the main event in the play. When Marco comes into the play for the first time, he is proven to be the most mature brother who has a quality life worth living. â€Å"What can I do? The older one is sick in chest. My wife – she feeds them from her own mouth. I tell you the truth; if I stay there they will never grow up. They eat the sunshine.† Having children, Marco might feel they are a motivation to earn money to keep them alive as well as himself. The reason Marco came to Brooklyn, America to help and pay for food for his family as he would send money back to his wife in Italy to care for them. â€Å"My wife – I want to send right away maybe twenty dollars †¦ because I could send them a little more if I stay.† Marco knows he has an obligation to Eddie and is trying to be good so he can stay in America in the house to earn money for his family. So to make sure he can stay, he is trying not to let Rodolph ruin his chances either by doing ridiculous tasks like singing which Marco thinks is inappropriate at the time so tells him, â€Å"No – no! †¦ You’ll be quiet †¦ You’ll be quiet. He also thinks Rodolph should tame himself down. ‘’They paid for your courage. The English like courage. But once is enough.’’ He is loyal and strong. He thinks before he acts which gives the impression that he is focused. He only punished Eddie by killing him as he felt threatened which is not a selfish action. He is the antagonist in the play and the Sicilian avenging angel that Alfieri hints at his comment to the audience. â€Å"A man works, raises his family, goes bowling, eats, gets old and then dies. Now, as the weeks passed there was a future, there was a trouble that would not go away.† Marco is also very important to the play as he is very respectful towards Eddie to begin with. Marco is willing to do any work to support his family as he is very proud of his wife and he is grateful to Eddie for his help and for giving him the opportunity to live in his home and work down the docks. Marco is realistic and tries to control Rodolpho’s exaggerations to keep them out of trouble. Even though during the play, Marco is furious and vengeful to some of the things Eddie does like snitching on them to the immigration officers; He is responsible, respectful, strong but silent towards his family, Eddie, Beatrice and even Catherine. Marco tries to bridge the increasing gap between Rodolpho and Eddie however as soon as Marco feels offended by Eddie he feels he needs to prove his strength and authority to him by lifting a chair up by one leg by one arm which is he successful in whereas Eddie cannot lift the chair. Marco if a family man because even though Marco cannot understand American justice when Alfieri tried to explain it and promised Eddie he will not betray or harm him if he promised the same, he did not apologise to Eddie as his honour means everything to him. As Marco will probably get deported back to Italy for immigration and killing Eddie, he is happy that Rodolpho has a chance of a green card a family with Catherine.