AGL Energy Limited Finance and Accounting - Assignment Example

Finance and Accounting INVESTMENT FINANCE II Introduction We have taken the company AGL Energy Limited as the company pays both interim and final dividend. What new advances could be created to give sheltered, manageable and solid vitality to more individuals? What new ways would we be able to backing the groups we work in. What would we be able to do to help our clients decrease their vitality use and their natural foot shaped impression. From turning on the first gas road light in Sydney in 1841, to giving the Victorian Skipping Young lady sign with sun powered vitality in 2012, were gladly one of Australias heading renewable vitality organizations. Also as a dynamic part of the group, were additionally pleased to help associations, for example, The Smith Family and give vitality counsel to Mission Australia. As at 2014, AGL has one of Australias biggest retail vitality and double fuel client bases and is Australias biggest private holder, admin and designer of renewable possessions. Section A- Here we have a savings of $50000 and we have decided to invest the amount in AGL Energy Limited. Our Brokerage fee will be $30 for buying and selling of shares. We will receive the dividends in cash or will reinvest it in shares. Question A. Share Price Performance Date Open High Low Close Volume 28/04/2014 15.78 15.92 15.735 15.92 916,707 29/04/2014 15.92 15.94 15.56 15.61 1,504,458 30/04/2014 15.74 15.85 15.67 15.77 949,365 1/5/2014 15.83 15.87 15.58 15.61 1,175,388 2/5/2014 15.61 15.7 15.55 15.65 644,529 5/5/2014 15.69 15.72 15.58 15.63 352,624 6/5/2014 15.65 15.79 15.6 15.68 646,908 7/5/2014 15.56 15.77 15.56 15.73 948,505 8/5/2014 15.89 15.99 15.86 15.94 1,340,358 9/5/2014 15.94 15.97 15.765 15.94 570,923 Amount Brokerage No of Shares 50000 30 3139 We will be able to buy 3139 shares. Question B. The Arrangement gives an orderly approach to you to utilize your profits to buy extra shares. We can reinvest profits on all or some piece of the shares enlisted in your name and keep on receiving money profits on the remaining shares. You will accept a straightforward-explanation from AGL Energy Limited each one time your profits are contributed. All shares obtained through the Arrangement are held for you by AGL Energy Limited. The accommodation of book-passage ownership provides protection against certificates being lost,misplaced or stolen. A certificate for allot a bit of the shares credited to your record under the Arrangement may be asked for in composing or by phone. You might likewise send to AGL Energy Limited for supervision, free of charge, certificates for different shares of partaking organizations held by you. You can submit a solicitation to offer all or any of the shares credited to your Arrangement account by giving composed notice to AGL Energy Limited and, for transactions of $25,000 or less, you can get in touch with us by phone or through site, www.adr.com/shareholder. Transactions will typically be handled Monday through Friday (aside from occasions). You can withdraw offers from your record by reaching us in composing or by phone. You will accept all shareholder interchanges including, yearly reports and substitute materials without the postponements connected with a middle person. The Arrangement is completely voluntary. You may cease your investment at whatever time by pulling out to AGL Energy Limited in composing or by phone. In the event that your appeal to withdraw from the Arrangement is accepted before the profit installment date, your end will be handled when practicable, and a different 2dividend check will be sent to you. Future profits will be paid in money, unless you rejoin the Arrangement. AGL Energy Limited will keep on proving you with book-section possession regardless of the fact that you ought to decide to end the profit reinvestment characteristic of the Arrangement. On the off chance that you wish to close your record and end book-section proprietorship, you can mastermind your shares to be conveyed to a business record, or you can teach AGL Energy Limited to offer all the imparts that are held for you under the Arrangement and AGL Energy Limited will send you a check for the returns, less any transaction charges appropriate to such deal. Question C. The geometric average rate of return is 12.86 if we closed the dividend investment plan account. Question D. The Geometric Average I s 16.92 Question E. We can get cash dividend at the end of the year. We can get interim dividend. We can reinvest the dividend to the equal no of shares. We can take equal no of shares. Section B Question 1 Question 2 Prices             Date Open High Low Close Avg Vol Adj Close* 2-Dec-13 15.01 15.1 14.26 15.03 1,194,400 14.74 1-Nov-13 15.54 15.6 14.96 15.01 1,236,600 14.72 1-Oct-13 15.31 15.96 14.83 15.64 1,624,600 15.34 2-Sep-13 15.54 15.99 15.05 15.42 1,952,700 15.12 2/9/2013 0.33 Dividend 1-Aug-13 14.67 15.77 14.11 15.75 1,750,300 15.12 1-Jul-13 14.3 15.33 13.97 14.55 1,276,800 13.97 3-Jun-13 14.45 14.72 13.85 14.48 1,746,700 13.9 1-May-13 15.76 15.77 14.08 14.4 1,973,100 13.83 1-Apr-13 15.86 16.03 15.17 15.87 1,278,300 15.24 5/3/2013 0.30 Dividend 1-Mar-13 15.86 16.6 15.6 15.86 2,005,700 15.23 1-Feb-13 15.4 16 14.91 15.94 2,168,900 15.02 1-Jan-13 15.38 15.91 15.21 15.4 1,436,100 14.51 3-Dec-12 14.33 15.67 14.02 15.38 1,420,700 14.49 1-Nov-12 14.6 14.68 13.66 14.37 1,915,900 13.54 1-Oct-12 14.86 15.48 14.28 14.54 1,836,800 13.7 3-Sep-12 15.15 15.49 14.24 14.97 2,356,300 14.11 30/08/2012 0.32 Dividend 1-Aug-12 15.64 15.94 15.07 15.17 1,435,400 14.3 2-Jul-12 14.86 16.01 14.52 15.7 1,683,300 14.49 1-Jun-12 15.06 15.45 14.56 14.77 2,394,200 13.63 1-May-12 14.8 15.19 14.31 15.19 1,829,100 14.02 2-Apr-12 14.94 15.07 14.65 14.98 1,097,100 13.83 1-Mar-12 13.64 14.97 13.46 14.75 1,992,200 13.61 1/3/2012 0.29 Dividend 1-Feb-12 14.65 14.69 13.61 13.95 1,717,100 12.61 2-Jan-12 14.33 15.05 14.28 14.59 933,600 13.19 30-Dec-11 14.46 14.5 14.25 14.33 558,000 12.95 Arithmetic Average 20.86 Question 3 Prices             Date Open High Low Close Avg Vol Adj Close* 30-Dec-13 15.01 15.05 14.9 15.03 632,200 14.74 23-Dec-13 14.8 15.01 14.7 14.92 340,700 14.63 16-Dec-13 14.57 14.81 14.35 14.8 1,400,800 14.52 9-Dec-13 14.72 14.84 14.26 14.63 1,978,900 14.35 2-Dec-13 15.01 15.1 14.6 14.79 1,156,700 14.51 25-Nov-13 15.3 15.44 14.99 15.01 1,380,400 14.72 18-Nov-13 15.18 15.34 14.96 15.22 1,578,200 14.93 11-Nov-13 15.35 15.39 14.97 15.18 1,024,900 14.89 4-Nov-13 15.41 15.55 15.27 15.35 790,100 15.06 28-Oct-13 15.52 15.64 15.23 15.41 1,385,600 15.11 21-Oct-13 15.81 15.84 14.83 15.4 2,020,500 15.1 14-Oct-13 15.89 15.96 15.48 15.53 1,630,700 15.23 7-Oct-13 15.54 15.88 15.4 15.88 1,197,800 15.58 30-Sep-13 15.53 15.8 15.31 15.57 1,338,300 15.27 23-Sep-13 15.49 15.71 15.32 15.68 1,076,100 15.38 16-Sep-13 15.51 15.75 15.05 15.64 2,144,100 15.34 9-Sep-13 15.65 15.66 15.11 15.37 2,016,000 15.08 2-Sep-13 15.54 15.99 15.37 15.62 2,544,100 15.32 2/9/2013 0.33 Dividend           26-Aug-13 14.42 15.77 14.31 15.75 2,767,500 15.12 19-Aug-13 14.2 14.48 14.13 14.22 1,355,800 13.66 12-Aug-13 14.61 14.72 14.11 14.2 1,377,100 13.64 5-Aug-13 14.7 14.81 14.48 14.66 911,700 14.08 29-Jul-13 14.65 14.91 14.55 14.75 1,067,300 14.16 22-Jul-13 15.1 15.2 14.72 14.74 1,053,800 14.15 15-Jul-13 15.28 15.28 14.74 15.01 1,283,200 14.41 8-Jul-13 14.67 15.33 14.46 15.1 1,524,500 14.5 1-Jul-13 14.3 14.67 13.97 14.65 1,215,600 14.07 24-Jun-13 14 14.72 13.85 14.48 1,652,600 13.9 17-Jun-13 14.11 14.43 13.88 14.05 2,009,800 13.49 10-Jun-13 14.24 14.51 13.87 14.17 1,646,500 13.61 3-Jun-13 14.45 14.58 14.16 14.24 1,378,800 13.67 27-May-13 14.4 14.54 14.08 14.4 1,969,800 13.83 20-May-13 15 15.15 14.33 14.43 1,803,800 13.86 13-May-13 15.14 15.26 14.76 14.95 1,578,800 14.36 6-May-13 14.77 15.17 14.7 15.17 1,871,500 14.57 29-Apr-13 15.93 16 14.71 14.77 1,550,000 14.18 22-Apr-13 15.42 16.03 15.42 15.86 893,900 15.23 15-Apr-13 15.42 15.67 15.17 15.42 1,475,200 14.81 8-Apr-13 15.77 15.77 15.22 15.52 1,442,100 14.9 1-Apr-13 15.86 15.97 15.4 15.63 1,199,100 15.01 25-Mar-13 15.8 16.01 15.6 15.86 1,657,000 15.23 18-Mar-13 16.52 16.52 15.66 15.84 2,089,300 15.21 11-Mar-13 16.27 16.6 16.13 16.6 1,857,400 15.94 5/3/2013 0.30 Dividend           4-Mar-13 15.98 16.4 15.7 16.23 2,496,800 15.59 25-Feb-13 15.26 16.15 15.15 15.91 1,860,900 14.99 18-Feb-13 15.24 15.47 15.09 15.22 1,651,800 14.34 11-Feb-13 15.1 15.5 14.91 15.21 2,098,200 14.33 4-Feb-13 15.56 15.66 15.04 15.13 2,595,100 14.26 28-Jan-13 15.37 15.79 15.37 15.57 1,517,900 14.67 21-Jan-13 15.51 15.91 15.31 15.37 2,134,800 14.48 14-Jan-13 15.48 15.6 15.38 15.49 1,112,800 14.6 7-Jan-13 15.44 15.57 15.22 15.4 1,194,000 14.51 31-Dec-12 15.55 15.61 15.2 15.35 762,100 14.47 24-Dec-12 15.38 15.67 15.34 15.52 535,700 14.63 17-Dec-12 14.66 15.32 14.52 15.32 2,485,500 14.44 10-Dec-12 14.39 14.71 14.25 14.63 1,316,400 13.79 3-Dec-12 14.33 14.37 14.02 14.34 1,313,500 13.51 26-Nov-12 14.27 14.48 14.15 14.37 1,530,400 13.54 19-Nov-12 13.98 14.2 13.82 14.16 1,479,000 13.34 12-Nov-12 13.8 13.98 13.66 13.86 1,715,300 13.06 5-Nov-12 14.15 14.31 13.72 13.72 2,124,300 12.93 29-Oct-12 14.44 14.68 14.14 14.17 1,925,600 13.35 22-Oct-12 14.91 14.99 14.28 14.32 2,025,200 13.5 15-Oct-12 15.04 15.48 14.72 15.02 1,961,900 14.15 8-Oct-12 15.25 15.29 14.97 15 1,487,700 14.14 1-Oct-12 14.86 15.29 14.75 15.24 1,922,100 14.36 28-Sep-12 14.71 15.04 14.71 14.97 3,244,600 14.11 24-Sep-12 14.52 15.04 14.38 14.97 1,582,500 14.11 17-Sep-12 14.75 14.75 14.24 14.56 2,968,300 13.72 10-Sep-12 15.1 15.16 14.7 14.71 1,906,400 13.86 3-Sep-12 15.15 15.49 15.08 15.14 1,959,900 14.27 30/08/2012 0.32 Dividend 27-Aug-12 15.37 15.65 15.07 15.17 1,936,500 14.3 20-Aug-12 15.5 15.89 15.28 15.34 1,266,000 14.16 13-Aug-12 15.45 15.58 15.07 15.53 1,126,700 14.33 6-Aug-12 15.76 15.87 15.32 15.4 1,167,000 14.21 30-Jul-12 15.96 15.98 15.58 15.62 1,283,500 14.42 23-Jul-12 15.78 16.01 15.39 15.95 1,676,900 14.72 16-Jul-12 15.06 15.8 15.01 15.72 1,486,900 14.51 9-Jul-12 14.56 15.02 14.52 15 1,356,800 13.84 2-Jul-12 14.86 14.89 14.54 14.59 1,764,400 13.47 25-Jun-12 14.75 14.96 14.59 14.77 2,153,900 13.63 18-Jun-12 15.13 15.4 14.73 14.75 2,145,800 13.61 11-Jun-12 14.87 15.31 14.56 15.21 1,876,200 14.04 4-Jun-12 15.05 15.45 14.8 14.87 2,825,500 13.72 28-May-12 14.93 15.25 14.5 15.2 3,616,900 14.03 21-May-12 14.75 15.02 14.73 14.93 815,500 13.78 14-May-12 14.52 15 14.5 14.79 1,370,400 13.65 7-May-12 14.63 14.69 14.31 14.5 1,051,900 13.38 30-Apr-12 15.02 15.16 14.59 14.65 1,343,000 13.52 23-Apr-12 14.72 15.07 14.72 15.06 1,040,300 13.9 16-Apr-12 14.87 14.96 14.74 14.8 1,291,600 13.66 9-Apr-12 15.02 15.02 14.75 14.85 855,200 13.71 2-Apr-12 14.94 15.02 14.65 15.02 1,010,900 13.86 26-Mar-12 14.83 14.97 14.71 14.75 1,358,800 13.61 19-Mar-12 14.68 14.83 14.44 14.83 1,629,000 13.69 12-Mar-12 14.08 14.69 13.91 14.66 2,162,500 13.53 5-Mar-12 13.84 14.08 13.54 14.08 2,316,900 13 1/3/2012 0.29 Dividend 27-Feb-12 13.72 13.99 13.46 13.84 2,776,300 12.77 20-Feb-12 14.27 14.39 13.61 13.67 1,538,300 12.35 13-Feb-12 14.15 14.45 14.01 14.17 1,033,200 12.81 6-Feb-12 14.4 14.46 14.1 14.11 1,259,200 12.75 30-Jan-12 14.47 14.7 14.24 14.3 1,289,600 12.92 23-Jan-12 14.6 14.7 14.36 14.48 759,000 13.09 16-Jan-12 14.79 14.85 14.51 14.6 913,100 13.19 9-Jan-12 14.81 15.05 14.6 14.89 926,400 13.46 2-Jan-12 14.33 14.89 14.28 14.7 732,400 13.29 30-Dec-11 14.46 14.5 14.25 14.33 279,000 12.95 Above we have calculated the share price using CAPM model. References AGL Energy Limited. (2014) . Our History. Retrieved from: http://www.agl.com.au/about-agl/who-we-are/our-history. Read More