19 December 2012 Vinamilk (VNM) 18 March 2011 A safe haven Anh Nguyen Senior Analyst anh.nguyen@vcsc.com.vn +84 8 3 914 3588 ext. 194 Initiation Target price Upside VND106‚000 25% Consumer Goods Market cap Shares outstanding 12M High 12M Low VND84‚500 – BUY US$3‚439m 834m VND92‚700 VND52‚000 Investors appear to recognize the competitive advantages and growth opportunities of Vinamilk. The company has a good brandname‚ economy of scales‚ an extensive distribution
Premium Milk
The Washington and Adams presidencies could easily seem like a set rocky years for a young America strung together by events and acts of these great men‚ such as treaties‚ international and domestic affairs‚ and advice to try and establish a safe and effective national government. With a new national government under The Constitution‚ many feared that it could fail to be effective just as the Articles failed‚ but the acts of Washington and Adams during their presidencies would disprove this fear
Premium President of the United States Federal government of the United States United States Cabinet
Business Statistics Problem Set # 8 Due Monday December 1st 1. You have data on three variables for college graduates: years of work experience‚ student GPA and monthly salary after graduation in $. You collect data from 6 students. Student Years of Work Experience GPA Monthly Salary ($) 1 3 2.6 3300 2 0 3.4 3600 3 4 3.6 4000 4 1 3.2 3500 5 2 3.5 3900 6 5 2.9 3600 Following are the regression results for the data using Excel. In this problem‚ you will be interpreting the regression results
Premium Statistics
WINDOWS 8 Introduction: Windows 8 is an operating system produced by Microsoft for use on personal computers‚ including home and business desktops‚ laptops‚ tablets‚ and home theater PCs. Development of this operating system started before the release of its predecessor in 2009. Its existence was first announced in January 2011 at Consumer Electronics Show. During its development and test phases‚ Microsoft released three pre-release versions:
Premium Management Marketing Balance sheet
when you finally get to the land you travelled so far to get a piece of‚ there is more work then thought. The railroads changed all of that worry and hard labor. On September 8th‚ 1883 the railroad came to Washington State making almost everything a lot easier. The railroads had a major influence on Washington’s development. The railroad affected the economic‚ geographic‚ and psychological aspects of Washington State. The railroads allowed a rapid increase in Washington’s economy by providing a
Premium Rail transport Locomotive Public transport
ESCI 1102 Lab 8 Population Change Directions: Listed below are this Learning Module lab questions to answer. When completed‚ upload this file back to the Lab dropbox (where you downloaded in the first place). FYI: I really like it when the answers are in a different format/color than the questions. It helps when grading. Part 1. Population Biology is an online virtual lab that will illustrate how competition affects population growth. Follow the instructions given. Two species of unicellular
Premium Population growth Demography World population
LITERATURE: Literature (from Latin litterae (plural); letter) is the art of written work and can‚ in some circumstances‚ refer exclusively to published sources. The word literatureliterally means "things made from letters" and the pars pro toto term "letters" is sometimes used to signify "literature‚" as in the figures of speech "arts and letters" and "man of letters." Literature is commonly classified as having two major forms—fiction and non-fiction—and two major techniques—poetry and prose
Free Literature
should not be indifferent. (Gorman 1). Elie Wiesel got a powerful point across in his speech. He showed his master of skill‚ and Wiesel used certain techniques and certain words that caught a lot of people’s attention. His speech took place in Washington D.C. on April 12th 1999 as part of the Millennium. Wiesel’s speech touched the story of survival as well as points about indifference and his opinion and feelings about it. As he explains "Indifference is always the friend of the enemy‚ for it benefits
Premium Terrorism
that uses for personal use and business use. Concerning the functionality that the application providing the user interface designing team has done a very good to make it user friendly and easy to learn even though there are few up and downs with the 8 golden rules. Strive for consistency Figure 1 – Open dialog in MS Excel Figure 2 – Save dialog in MS Excel Figure 3 – Excel help Figure 3 – Excel help Generally‚ this is the most frequently violated rule. The presence of this rule is very important
Premium Usability Spreadsheet Microsoft
Chapter 8 • Question 1 0 out of 3 points A ____ layout is an arrangement based on self-contained groups of equipment needed to produce a particular set of goods or services. Answer Selected Answer: Product Correct Answer: Cellular • Question 2 3 out of 3 points The determination of specific job tasks and responsibilities is called ____. Answer Selected Answer: Job design Correct Answer: Job design • Question 3 3 out of 3 points
Premium Organizational studies and human resource management Assembly line Question