Talk:EDSLIONS/weekly discussions/April 12, 2009

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Contents

Thread titleRepliesLast modified
Any Other Business1519:36, 12 April 2009
Dupont Cascade219:17, 12 April 2009
Liquidity and Gearing119:10, 12 April 2009
Common Size Financial Statements and Analysis719:08, 12 April 2009
Profitability and efficiency Ratios1119:08, 12 April 2009
Quorum/Attendance1119:03, 12 April 2009
Final Comments on Marketing Draft Assignment1418:19, 12 April 2009

Any Other Business

Edited by another user.
Last edit: 19:21, 12 April 2009

I have no problem with the consultation on the Assignment. That's Lions Teamwork. Jeremiah is well seasoned in this area so you can drop him questions as well. As stated earlier, Test time is around the corner so lets make this easy for all of us and do a first time good job and get it out of the way! These are my closing remarks. You're free to comment and close off as you wish. (Comment.gif: Remember Deadline for Submission - Wednesday 15 April)

Shumimlingo (talk)19:16, 12 April 2009

Thanks Shumi for chairing this meeting well.

Victor.mensah (talk)19:18, 12 April 2009
 

thanks Shumi. Good nite everyone--Luisaserra 19:19, 12 April 2009 (UTC)

Luisaserra (talk)19:19, 12 April 2009
 

Strategy Assigment

We STILL dont have any company to conduct our strategy assignment on. Any ideas and offers?

Victor.mensah (talk)19:19, 12 April 2009

That's a tough one mate and it's been worrying me. I'll let you know if I have any ideas. My employer is not adequate though. --Shumimlingo 19:22, 12 April 2009 (UTC)

Shumimlingo (talk)19:22, 12 April 2009
 

Victor i think we need a corporation/ or an international company. Unfortunately Kago has signed off. Iam wondering if he can help us with Nokia?

Hove (talk)19:24, 12 April 2009

i'l find out whether it's possible can i give feedback during the course of week?

Kay go (talk)19:27, 12 April 2009

Excellent staff sir.

Hove (talk)19:30, 12 April 2009
 

Gettiing feedback within the week will be lovely

Victor.mensah (talk)19:31, 12 April 2009
 
 

Hi Victor, can we take any company that is well known and we can download from the company website? i believe all of us will be struggling in getting information but the one in websites is different. I thought about this when I opened the pick & pay website, what do the Lions think?--Luisaserra 19:25, 12 April 2009 (UTC)

Luisaserra (talk)19:25, 12 April 2009

i agree, i struggled with Minaj Broadcasting International

Kay go (talk)19:30, 12 April 2009
 

This can be a good idea. WIll have to check though whether we will not be breaching any assignment rules.

Will write to all of you during the week.

Victor.mensah (talk)19:32, 12 April 2009

goodnite

Kay go (talk)19:35, 12 April 2009
 

Thanks I feel more positive that we have some avenues to explore, Victor as the project leader on this one, do take the lead. Good nite everyone, thanks for an exceptionally run and participated meeting.--Luisaserra 19:36, 12 April 2009 (UTC)

Luisaserra (talk)19:36, 12 April 2009
 
 
 

thanks brotha! good nite!

Kay go (talk)19:20, 12 April 2009
 

Good nite

Thanks to our ever-efficient chair and all our wonderful meeting participants for today

Victor.mensah (talk)19:36, 12 April 2009
 

Dupont Cascade

KG and Victor. Questions or Clarifications?

Shumimlingo (talk)19:05, 12 April 2009

We have not yet discussed among ourselves but i hope KG is far more competent in this area. Frankly, i just did an internet search on the Dupont Cascade and realised it talks about equity raios or something like that. I beleive KG will enlighten me more later.

KG -- Will call you moro.

Victor.mensah (talk)19:09, 12 April 2009

sorry to burst your bubble mate we are on equal footing on this one, but we'll talk about it tomorrow. if we can handle wiki, then we can most definitely tackle french. we'll let Shumi know if we run into any problems.

Kay go (talk)19:17, 12 April 2009
 
 

Liquidity and Gearing

Taurai and Akachi – Are you ok with this section? --Shumimlingo 18:57, 12 April 2009 (UTC)

Shumimlingo (talk)18:57, 12 April 2009

No problems with this. Will let you know if there is a problem and we are tackling this section together-something positive

Hove (talk)19:10, 12 April 2009
 

Common Size Financial Statements and Analysis

Jeremiah, Shungu, Luisa… Any clarifications on what is needed on this section? --Shumimlingo 18:17, 12 April 2009 (UTC)

Shumimlingo (talk)18:17, 12 April 2009

Hi Shumi, I have down loaded the Financial reports for 2006,2007,2008 from the website. I would like to know from you if the BS & IS for the 3 periods, needs to be detailed to what level? all accounts to be shown or some main accounts what is your input on this?--Luisaserra 18:24, 12 April 2009 (UTC)

Luisaserra (talk)18:24, 12 April 2009

Good to hear you've downloaded. I've got them as well and I think the detail there is fair enough. On the 2006 I/S there are about 14 classifications which isn't bad. If you don't agree perhaps you can idnetify the accounts you want to leave out and then we discuss the materiality together. Otherwise my opinion is to include all.

Shumimlingo (talk)18:31, 12 April 2009

ok, I will do that. the first task is really to copy and paste from the annual financial reports and put the 3 periods in a format that can be compared, then analyse the trends, isn't it?--Luisaserra 18:34, 12 April 2009 (UTC)

Luisaserra (talk)18:34, 12 April 2009

yeah, but the format is called a Common Size Analysis ie you put everything as a percentage of sales so you'll have 3 years of percentages of sales. I'll forwad you a doc from the lecturer that will help jus incase you didn't see it on EDS. In addition you're working with an expert called Jeremiah so you'll be fine!! --Shumimlingo 18:37, 12 April 2009 (UTC)

Shumimlingo (talk)18:37, 12 April 2009

Thanks, do send the document from the lecturer and we will see how we progress.clear from my side--Luisaserra 18:39, 12 April 2009 (UTC)

Luisaserra (talk)18:39, 12 April 2009
 

Amen. By the way, looks like Jeremiah is not online today?

All the best to this sub-group.

Victor.mensah (talk)18:40, 12 April 2009
 
 
 

hi shumi lam having challenges on down loading the assignment but l will keep trying if worst comes to worst l will raise an alarm on tuesday 14/04/09.--Shungunyoni 19:08, 12 April 2009 (UTC)

Shungunyoni (talk)19:08, 12 April 2009
 
 

Profitability and efficiency Ratios

Hermanus and Utang. Any comments? This is your subtask --Shumimlingo 18:38, 12 April 2009 (UTC)

Shumimlingo (talk)18:38, 12 April 2009

Is our subtask basically a theoretical overview? I will be honest I haven't started work on it. Any insight would be welcome.

Utang (talk)18:47, 12 April 2009

Hi Utang, this is largely a quantitative assignment so there are calculations to do. You will be calculating the profitability and efficiency ratio's and interpreting them. After calculating the ratios the general areas you will need to interpret are: What was attained by picknpay; What purpose does the ratio serve (ie what does it seek to measure); Determine whether it’s an improvement in comparison to previous years (2006 – 2008); Suggest possible reasons for this attainment; Apply the attainment to its industry (Retail business; These are general guidelines and you can consider more if necessary. I'll allocate you a partner soon. From conversation, I know this is not your strong point so the earlier you start...the better!!

Shumimlingo (talk)18:56, 12 April 2009

Noted sir! Your insight is most welcome. I'll get kicking!!!

Utang (talk)19:03, 12 April 2009

I like that! --Shumimlingo 19:06, 12 April 2009 (UTC)

Shumimlingo (talk)19:06, 12 April 2009

You better be sure I'll be bugging you...if necessary.

Utang (talk)19:08, 12 April 2009
 
 
 
 

Hi Guys,

Shumi, I a so sorry to be doing this to you, but it looks as if I will be defering my studies until next year. I will have a definite answer by the end of the week for all. but for now I recomend not relying on me for ths assignment.

Hermanus Louw (talk)18:48, 12 April 2009

Thanks for letting us know...i'll see how we can reorganise and I'll advise of the new structure. No need to apologise...we've just incurred quite a big loss on you. --Shumimlingo 18:51, 12 April 2009 (UTC)

Shumimlingo (talk)18:51, 12 April 2009

i agree, it'l be a huge loss. but do not despair it's not the end of the week yet it might go the other way rite?

Kay go (talk)18:58, 12 April 2009
 

Hi Hermanus, sorry to hear about this. please think positive things will turn around.--Luisaserra 18:53, 12 April 2009 (UTC)

Luisaserra (talk)18:53, 12 April 2009

Will keep you all updated but see the next couple of months are going to be pretty bad

Hermanus Louw (talk)18:56, 12 April 2009

Sorry guys signing out, geting late here.

Will talk to you all this week.

Cheers

Hermanus Louw (talk)19:00, 12 April 2009
 
 
 
 

Quorum/Attendance

Edited by another user.
Last edit: 18:52, 12 April 2009

Kindly reply to this message immediately you log in to this page to indicate your presence and readiness for this meeting. After saying your "Hello" kindly don't ever comment here again until the meeting comes to a close. Hellos should be said latest by 5minutes BEFORE the start of the main meeting discussions.

Please note that the main discussions will be in a separate heading and to be started ONLY by the chair of this particular meeting (Shumi).


Members Present Appologies Absent
User:Hove
User:Shumimlingo
User:Hermanus_Louw
Kay go (talk)17:36, 12 April 2009

Hello all Lions. Logged for the meeting

Hove (talk)17:48, 12 April 2009

Hi Lions, this is me signing in. Hove you're an early bird. Hows Gabs?

Shumimlingo (talk)17:55, 12 April 2009

We are doing well in Gabs with my Honourable Mayor Mr K.Mosinyi. Hope you are well.How is your Easter holiday? Luisa wellcome back!!

Hove (talk)18:01, 12 April 2009
 

hi lions Hermanus here too

Hermanus Louw (talk)17:58, 12 April 2009
 

Hi Lions, i am online for the meeting--Luisaserra 17:54, 12 April 2009 (UTC)

Luisaserra (talk)17:54, 12 April 2009
 

Thanks all. I am online now. Kay go, thanks for starting this - you are truely a wiki professional now.

Welcome all.

Victor.mensah (talk)17:59, 12 April 2009
 

Hello Africa! how are y'all doing tonite?

Kay go (talk)18:01, 12 April 2009

we are brimming with life and hilarity! Yoou sounded like an MC. Loved that.

Victor.mensah (talk)18:04, 12 April 2009

good friday, better Saturday and cherry on top best Sunday, can't wait to see what tomorrow brings

Kay go (talk)18:08, 12 April 2009
 

Hey Lions, sorry I'm late. I'm on for the meeting.

Utang (talk)18:12, 12 April 2009

hie lions sorry i missed the greater part of the meeting l had no power. happy easter holidays.--Shungunyoni 19:03, 12 April 2009 (UTC)

Shungunyoni (talk)19:03, 12 April 2009
 
 
 
 

Final Comments on Marketing Draft Assignment

Welcome guys. The meeting is open. Has everyone gone through the Marketing document and submitted comments?

Shumimlingo (talk)18:03, 12 April 2009

I have not submitted comments yet. I however concure with most comments made. I beleive strongly that we need to up the questioniar response rate to about 25. This may require "duplication" of the responses of some questionairs in a manner not to skew the responses. We may be negatively affected in the long run if this is not done.

Victor.mensah (talk)18:07, 12 April 2009

I second Victor's idea, on my email today I expressed that concern, I believe there is no harm in doing that.--Luisaserra 18:10, 12 April 2009 (UTC)

Luisaserra (talk)18:10, 12 April 2009

I commented earlier on the same issue and I agree with you guys. Kago and Akachi can sort this out outside of Wiki (our official minutes!)--Shumimlingo 18:13, 12 April 2009 (UTC)

Shumimlingo (talk)18:13, 12 April 2009

Shumi's comments here are vital. Not too much details here on the "doctoring". Dont worry, we can clean up after we finish here before we attach as verbatim record.

Victor.mensah (talk)18:19, 12 April 2009
 
 

we tried to disguise it by using percentages, we were unable to solicit more responses sorry, but are you suggesting we Robert Mugabe the numbers?

Kay go (talk)18:12, 12 April 2009

Yes, the real african way to get to the right number, glad the picture is clear--Luisaserra 18:15, 12 April 2009 (UTC)

Luisaserra (talk)18:15, 12 April 2009
 

Kago i still strongly feel we are not doing ouselves a favour by failing to follow a simple basic requirement of availing the required number of respondents. How bad were the other two which made you guys disqualify them?

Hove (talk)18:16, 12 April 2009
 

Well, not really RM the numbers but "replicate" them evenly may do. Refer to Shumi's response above http://www.wikieducator.org/Thread:Final_Comments_on_Marketing_Draft_Assignment_(7)

Victor.mensah (talk)18:17, 12 April 2009
 

If the requirement is 25 then lets work on giving 25....'Mugabe-ing' seems a little extreme.

Utang (talk)18:18, 12 April 2009
 
 

Hi Shumi, I have read the document and I am ok with it. I sent an email early in the day to all Lions.--Luisaserra 18:08, 12 April 2009 (UTC)

Luisaserra (talk)18:08, 12 April 2009
 

Hi Shumi

I have sent through my comments earlier today did you receive it?

Hermanus Louw (talk)18:11, 12 April 2009

Yeah Hermanus, I'm sure Kago received your comments as well. --Shumimlingo 18:15, 12 April 2009 (UTC)

Shumimlingo (talk)18:15, 12 April 2009
 

i've received it Hermanus, you are a vital member to the team, defering your studies should be the very last option your absence would a tragic loss. on the assignment i'l sum up all the comments and contributions and will email it to you for the QC and we'll submit it

Kay go (talk)18:16, 12 April 2009
 

I conquer with Victor the respondents number has to be increased. We do not consider the sample size but we value those who have responded without any errors on thier questionaire.

Hove (talk)18:13, 12 April 2009