Essentials of Discounted Cash Flow
15th-16th July 2009, Legend Hotel Kuala Lumpur
Dear Friend,
The level of profitability is of vital importance to the financial well-being of an individual business. The objective should still be to achieve the highest level of profitability on the resources that are employed on business operations, as distinct from social or military obligations. But the banks never seem to be concerned with the technique of D.C.F. to measure the risk or return of a project and rather prefer to gauge the liquidity and solvency of a business before they decide to lend their money. Often, these banks ignore the risk of allocating scarce resources to yield the maximum returns of any capital investments like a new plant, a new product line, and other acquisitions of large assets.
So what is this workshop about?
This workshop is designed in hope to show you the use of D.C.F. that could forecast the viability and justification to invest a sum of money to invest in any capital investment. In this way, banks will know that their customers will not fail in their investments, and their loans will be repaid soonest.
The 8 Important Lessons you will learn during this 2-Day workshop
Lesson 1: Capital Investment Appraisal and Profitability
- Quality of Investment
- Investment Decision
- Allocation of Funds
- Corporate Strategy
- Selection of Projects
- Evaluation of Projects
- Case Study on EKOVEST'S DUKE HIGHWAY - Determine its Profitability
Lesson 2: Present Value
- Accounting Rate of Return
- Payback Period
- Time Value of Money
- Formula of Compounding
- Formula of Discounting
- Process of Deciding on Investing
- Methods of Calculating Rate of Return
- Case Situations
Lesson 3: Implication of Tax
- Effect of Taxation on Rate of Return
- Basis of Assessment and Payment of Tax
- Grants and Capital Allowances
- Balancing Allowances and Charges
- Case Situations
Lesson 4: Determination of Cash Flows
- Types of Cash Flows
- Tax Effect on Value of Plant Replaced
- Timing of Net Investment Cash Flows
- Annual Cash Flows and Residual Values
- Case Study on TSR CAPITAL BERHAD'S MEDICAL CITY - Determine Lease Rental
Lesson 5: D.C.F. Problems and Solutions
- Buying Decision on Cost Saving Machine
- Buying Decision on Replacement of Capital Assets
- Buying Decision on Negotiation of New Licensing Agreement
- Buying Decision on Cost Saving Machine
- Buying Decision on Introducing New Product
- Construction Financing
- Case Exercises
Lesson 6: Leasing v. Buying
- Renewal or Replacing New Plant
- Replacing Fleet of Trucks
- Case Situations
Lesson 7: Financing Problems
- Factors in Financing Decisions
- Refunding Operations
- Case Study on SUNIFRA'S SILK HIGHWAY - Structuring Project Financing
Lesson 8: Cost of Capital and Capital Budgeting
- Evaluating Alternative Issues
- Budgeting Techniques
- Weighted Average Cost of Capital
- Case Situation
Why should you attend this workshop?
You will learn the 4 essential skills that will enable you to truly understand this powerful tool
You will learn how to:
- Recognize the varied capital investment decisions to be made
- Use D.C.F. to evaluate the different business proposals that will yield the maximum returns
- Appreciate the skills in using D.C.F. to allocate the scarcest resources in a business
- Understand their ability to structure various possibilities to yield a series of returns so as to repay the loans
Course Leader
aGEE Lee has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.
He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m.
He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah.
Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.
His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department.
Agee Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) and Certificate in Financial Planning (MII).
He is now a Training Consultant for IBBM, MIA and Banks in Malaysia and Vietnam. Currently he has been giving talks on practical topics that will boost skills and confidence of participants.
What others have to say after they have attended aGEE workshop
“Informative and good personal experience from the speaker”
Wilson Wong, Schenker Logistics (M) Sdn Bhd
“Job well done”
Chong Kim Cheng, WRP Specialty Products (M) Sdn Bhd
“Relevance to the working environment and filled with examples”
Choo HC, Teck Ping Chan (1976) Sdn Bhd
“Overall session has gone with good presentation in improving planning & leveraging cash flow”
Mohd Asrizan, Neural Oilfield Service Sdn Bhd
“I like best about the discussion on real life cases during the session”
Munirah Othman, Selia Selenggara Selatan Sdn Bhd
Who Should Attend: Finance Managers, Executive, Accountants, Financial Controllers, General Managers, CFO, COO, CEO and Directors.
Workshop Size: Registration is strictly to the first 25 people. This cannot be altered. If the past is any indication of the future, spaces fill up very quickly. If you are interested in attending, call us now or download the registration form here and fax it back to us at ++6 03 40235716.
HRDF Claimable: This workshop is claimable under the HRDF SBL Scheme. Checks with your department to make sure you are eligible.
Tax Deductibility: In all likelihood this seminar is tax deductible. Check with your accountant to be sure.
Workshop Investment $$: RM 1690.00 per delegates. This includes all workshop materials. Lunch will be provided.
Early Bird Offer!!
If you register yourself EARLY, you will enjoy a discount of RM100.00. For more information, please refer to the registration form here.
Group Discount!!!
If you register in group of 3 persons or more, you will enjoy additional 5% discount, and if your group are 5 persons or more, you will get a much greater discount of 7%, and 10% discount shall be entitled for group of 8 persons or more. So get your friend or colleagues to register with you!
100% Satisfaction Guaranteed
We understand that some of you don't know us. That is why we make this workshop a 100% satisfaction guaranteed. If for any reason whatsoever you don't feel like you have received more than your money worth by lunch break, simply hand in your materials for a complete 100% refund. No weasel clauses, no hassles, no questions asked. We won't lie, as rarely we have to make refund to our participants; however is our integrity which makes our business successful.
If you like what you have gone through so far, you may register yourself by downloading the full brochure here , and fax the registration form back to us at ++6 03 40235716. And if you happen to have some friends or colleagues who are looking for this particular program, please forward this link to them.
Yours Sincerely,
BIZFinanceSeminar.com
Tel: ++6 03 40216000
Fax: ++6 03 40235716
Email: bfs@bizfinanceseminar.com



