I estimate BYD’s value at RMB277 per share, implying an upside of 30% from today’s price. This is derived from my DCF-based valuation using a WACC of 9.7% and a terminal growth rate of 3%.
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Careers in Finance with James Lan
To succeed in finance, work on your mindset first, then have a good understanding of risk and then learn about trading. You also need to have good risk management strategies.
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Review the concept of WACC
A firm uses a mix of equity and debt to minimize the cost of capital.
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Careers in Finance with Austine Archibong
Keep on acquiring new skills and improving yourself because new things are coming up in the finance industry all the time. Always have an exit strategy and know when to execute it.
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Careers in Finance with Jason Goldstein
In the world of finance, most of the theories that we learn cannot be applied consistently. Cash flow, not cash, is king. Cash flow is a company’s most important asset.
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Careers in Finance with Sanit Sirikolkarn
Luck plays a big role in your life, but it comes at different times. It doesn’t mean that you will always be unlucky. So, you have to be prepared for it. Be mindful of your ego. It could ruin your career in finance.
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Careers in Finance with Tochathorn Somjaivong
Learn more about the human/soft side of the business because that is one of the most important aspects of business success. The world of finance is not science. There are models and theories in finance but not laws. Focus on continuous learning and development.
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Careers in Finance with Angus Mackintosh
Being able to condense ideas into a short and succinct description is better than just being a spreadsheet expert. The socialization side of things is very important in this industry, make friends and keep them.
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Careers in Finance with Kagal Gupta
When you are new in your career, it is time to enhance your skills. Whenever a chance to get further knowledge comes up, go for it. Be open and flexible to new areas.
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