assignment~~~~~assignment~~~~

I am still working for the assignment, AFF5130. But stuck in red flag. I do not know how to find a red flag. I search it in Fin analysis database, and the annual report. I think the company which is audited should not exist so many problems in the financial report. Anyway, it is the assignment, I need to work for that. The lecturer gave us one more week to do that, that was great, the assignment now due on week 13. I have more than one week to do that.


On Wednesday, the Chadstone will have a VIP night, between 9pm to 12am. Some of stuff will on sale, up to 50%. Well, I am not sure whether I will go to there. But maybe I will go, because I spend so many time at home. Maybe I need some relax. Maybe buy nothing, but just kill some time.

Last AFF 5100, the lecturer taught a classic case- Birch Paper Company. It was about transfer pricing. Well, it is a open question, no right or wrong answer.

In the last few posts, I stated something about new migration rules, but the most important thing did not publish. Well, wish me luck.

capitalism, a love story

finanlly, i got one day off after finished several assessments. and last week, i got the result of my last MKX 9550's presentation, i got D. i was happy with that. also, in last week, i had AFF 5130 presenation, a group presentation. our company is called EBET, a small company which engaged in gambling. and the topic is acquisation. we needed choose a company to acquire EBET, and we choose Crown. but the tutorial said, the reasion why Crwon should acquire EBET is not very strong and direct. but i really did not buy it. but what should i say, nothing. maybe i did not enough research. another presenation was conducted yesterday, AFF 5100. also a group presentation, but i rarely involved in it, because my major duty of the group assessment is the assignment, but not the presentation. in the presentation is case stuedy- ABC learning. after reading the related material, i am so surprise that this company still operates in Australia. but maybe under new management. the Australian government bailout the company, but i do not know what happen now.ABC learning also operates in some areas in VIC, but just in some countryside, such as Gelong, not in Melbourne.
i watch a movie tonight, called "capitalish, a love story". i downloaded last month, but i did not have time to watch it before. it is really a long film, about 2 hours. i do not know why it called a love story. there is no scense about love. i think it is a documentory. generally, it talked about the stuff about capitalism. to be honest, i do not know what is capitalism, and what is socialism. in the movie, it calls Obarma is a socialism leader. in the first half of the movie, it stated several stories about American families. their houses is taken by the banks. and the second half of the movie, it generally about the subprime. and some subsequent events of the financial crisis. i do not know the story or the statements in the film is true or not, but it really impressed. such as the big companies- P & G, bank of Amercia and so on, buys the life insurece for their employees, but the beneficiary is not the employees' relatives, but the companies. so when the employee is dead, the companies can make profit through that. that is really terriable thing. the director of the film also think that the US government should not give the banks that much money, say 70 billion money, to help the banks pull through the financial crisis. but actually, the government did not know how banks spend that huge funds. the 70 billion dollars are from the taxpayer's pocket. also, the director thinks that free market is basical wrong thing. well, i do not think it in the same way. but it is really a hard thing for the government to find out the break-even point of the control and freedom of the market.
same days ago, there was an accident in Iceland- volcanic eruption. it affected the airline industry a lot. it lots a lot of money, around 1 billion US dollar. really a lot. what's wrong with the earth. so many tragedies.
today, i receive the letter from CPA, it states that i pass the migration assessment. well, i hope everything goes well.

first week

this is the first week after Easter Holiday, as mentioned before, i did not have holiday...

On this Monday, i had two assessments, an assignment, this was a group assignment, but we did not sure what we wrote about, especially in Portor's part. in this semester, i have three subjects all learned about Porter's five analysis. what an odd...and the same subject, i had a presentation, just 10 mins, but i was so nervous, i did not know why. i had notes in my hand, but i did not use that...but overall, i thought my presentation was fine, i will know my marks next Monday, i hope not bad, Hoho
Tuesday was fine, just normal lecture and tutorial, but next Tuesday, another presetation is coming...
Today, in the morning, MGX 9230, i have not finished that assignment, but the teacher said the deadline is next Monday, that's cool. Jeffrey is the teacher of MGX 9230, he is really nice. :)
tonight, a test, AFF 5100, it was really easier than i excepted. i spent less time to prepare this exam, because i think it just worth 10 marks, but i did answer all the question, i hope i can get 7 or something, wish me luck. and next Thursday... another presentation...so many presentations...
another news from China, China attacted from earthquake again, in Qinghai...i do not know the details...sorry for that... recently, so many earthquakes...and some people said 2012 is really coming... well, i do not know again...i hope everything is fine in China...when there is terrible thing happen, there always with donates, well , in some forums in China, people always want the Government can publish the donates funds in public, so that people can know how their donate spent. but, in fact, i do not know the details. but i rarely heard the Government put the details of the donate funds...transparency...transparency...
24, an American TV show, almost finishs, and some people said this will be the last season...this is really a good TV show, really...i hope there will be season 9.
tomorrow, i have to finish my MGX 9230 assignment...

holiday, end

today is the last day of the Easter holiday...
i do not think it is really a holiday for me, because so many assignments need to finish.
i just finish the maketing assignments.
there will be a test on next Thursday, it is AFF 5100, but i have not prepared for that.
and i have a presentation on tomorrow, but i have not remeber all the stuff.
the assignment of MGX 9230, i finished 2000 words, but there still needs 1500 words to go.
about AFF 5130, i learned nothing during the holiday..
i spent almost all the holiday time at home. i went to shopping for several times, but only for food. and got a haircut. that's all about my holiday. omg...what a pity...
MONASH...what shold i say...
wish me luck...


PS, it is getting cold now...autumn is coming
and i linked my youtube account to twitter account, that is fun

long break

middle break is comming, but i do not think it is really a break for me. so many assignments are due on week 6. there are about 4 assignments, i think.
among those assignments, i think the marketing assignment is the most easy one. there are only 2000, and that is a group assignment. but so far, i have worked for it for 1 and half days, only finished few of it.
and i almost finished my presentation of MKX 9550, but it still needs to be motified.
there is a small test, AFF 5100, that maybe hard, it just worths 10 marks, but needs a lot of reading.
the most huge one is MGX 9230, 3500 words, and i have no clue so far. the first thing i need to do is find a relative case. i will work on it after i finish MKX 9550
Daylight saving will be end at tonight. i can sleep one more hour tonight. LOL. but i do sleep a lot recently, maybe 10 hours. that is not a good news for me.
oh, the important thing is yesterday was good friday, and tomorrow is Easter day. and that is why we have middle break. when i was in VU, there were two weeks middle break in April, but in Monash, only one week. what a pity. i do need more break. i do not know why there is an Easter day, but i do know that's a religion festival. once, i watch South Park, it talked about Easter day, but i think that cartoon made fun of Easter day, but the fact. anyway, because of Easter day, i have long break, actually not too long.
i just remeber one thing, last week, on the tutorial of AFF 5050, i had a presentation, a group presentation, it just worthed 5 marks, but the whole presentation took 1 hour. so long. the presentation was about tutorial question, and the tutor said we did very good, almost all the answers were correct.
a news from real world, Australian government wants google blocked some results of research, but google refused. well, we will see what happen
anyway, happy Easter Day.

last week

12 hours class in last week as usual, 4 units.
first one is MKX 9550. it stated a very important concept- Porter analysis. it will be shown on final exam, according to the teacher. in the lecture, it started with a video- google video. it introduced google adword, google adsense and Youtube. maybe most of people do not know that Youtube belong to Google. in some year, i could not remember, Google acquired Youtube. i have a Youtube account, i applied it in 2006 in China, but now you can not open Youtube in China in normal way, also you can not open Blogspot in almost places of China. in some news it said that Google will withdraw from China in April 10th. i do not know whether it correct, but i really not know what's the concequence of Google action. after that introduced some industry concept of competition. there are four forms of competition forms. Pure monoply, oligopoly, monopolistic competition and pure competition. the teacher said Australian Post is an example of pure monopoly in OZ, but i do not think so, besides Post, there are also other companies conduct post, such as TOLL. but the teacher said Post is the only one non-financial organisation which can deal with financial services. i think that is ture. and pure monopoly offen refers to regulation market. then go into Porter's five forces- industry competetion. potential entrants, substitutes, suppliers and buyers. and coincidentally, in AFF 5130 it also refers to this concept. after that, introduced some reletive concepts.at the end of lecture, it said something about global marketing, it refers to the assessment. a global firm is one that operates in more than one country and captures R and D, production, logistical, marketing, and financial advantages in its costs and reputation that are not available to purely domestic competitors. i think global firm is quite common now. then important concept- five models of entry into foreign market- indircet exporting, direct exporting, licensing, joint ventures and direct investment. licensing here means let other company to product your companies' product. in the tutorial of MKX 9550, just the presentation. and tutor stated the requirements of assignemnt again.
on Tuesday, AFF 5130. in this time, the female teacher teached in the lecture, i did not know why, because i was late for the class. in that lecture, a few questions were focused- why is industry analysis important, porter's 5 forces, competitive strategy analysis and corporate strategy analysis. there are three parts in strategy analysis- industry choice, competitive positioning and corporate strategy. in the industry choice part, it just about the Porters 5 forces. but it states in a different way- 1. rivalry between existing organisations. 2 threat of entry of new organisations. 3 threat of substiture porducts. 4. bargaining power of buyers. 5. bargaining power of suppliers. the first 3 forces determine the potential for profits, and actual profits depends on the last 2 forces. in the competitive positioning part, there are two generic competive strategies- cost leadership and differentiation. in the last part, it relevant to multi-business organisations. in the tutorial of AFF 5130. it just talked about the tutorial questions. and i noticed that the teacher post the tutorial question's answer on the Blackborad, that is good.
two classes on Thursday. MGX 9230, this time it relate to the assignment, but i have no idea about it. what a pity.it talked about policy cycle and seems not too hard, but i do not know how to start the assignment, where to pick up the case. that is the case...
the AFF 5100 is the last class in each class, but the most horrible one. the teacher requires a lot of reading before each class. for him, he thinks there are not a lot of reading, but for me, that really a lot. we are not English-spoken students, he will never figure out. we can not remember all stuff we read. what should i say. ai. in the first half of that class, it said something organisation structure.
to be continued

come on

ok, i just do not know how to name the title, just pick it up by chance.
OK, talk about the class in this week. before that, i want to say that i make a mistake, i thought we would have 2 weeks Easter day break, but the true is that just one week. so i want to say... what the hell...
any way.
the first class is Mkx 9550. The tutorial came first. i did not think the teacher will teacher anything in the tutorial. why? just look at what happen in the last tutorial. at the beginning, the teacher asked wheather we read the case study. then gave us about 10 mins to read it. then she read it again, sentence by sentence. I did not know why she did that. anyway, then she asked what we learned from this case. then, a little discuss. then class dismissed. my point is that, that was the first case study of this semester, and in the following few weeks, all the case study will be presented by students through presentation which is one of the assessment. so maybe from next week, the only thing i should do in the tutorial is listening the presentation. what should i say, maybe just we will see...
then the lecture came, it was about customer value. i think it was just an outline of some key concepts, because the teacher said some concepts would be talked in details in following weeks. and the important thing in that lecture is "Michael Porter's generic value chain model", and it is a real old model, but still useful. but i do not understand the whole model now, i will work on it. also, the teacher talked about the assignment 1, i think it is not a hard assignment, but the the hard part is that we need to choose a company to analyse. if we choose a right company, the assignment is an easy one, but we choose a wrong company, well, it is hard to say. there are also some limit to choose the company, so far, i have no clue about which company should be choosed.
OK, about the AFF5130. i do not know what's wrong with me, but i feed that i always wrong in this subject. before the lecture and tutorial, i read the wrong chapital and prepared wrong questions for the tutorial questions. and after lecture, i go to a wrong room for tutorial...what the odd?
anyway, about the content in lecture, first it talked about the business structure, i think it is easy. and few concepts introduced, but most of these concepts are about finance. also some models introduced, the first one is about the relationship between information (news) and share price. we learn this relationship before. in common sense, bad news and good news can influence the share price. but in this unit, it focus on the stuff called "information asymmetry", and there is a model to calculate it. if one company get a small result, say 0.0002, it indacates that this company can be trust. at the end of the lecture, the rest model came out, they are all about how to calculate soe specific ratio. and these would be used in the assignemt.
in the tutorial, the tutor answered the tutorial questions, just some questions in the textbook. but because it took so many time on the allocated group stuff, not all the questions were finished, he will talked about the rest one next week.
OK, tomorrow has two seminar. AFF5100 is the harder one. So, wish me luck.

O.M.G

i am shocked when i go into AFF 5130's classroom, i am not shocked by the size of the classroom, but the number of people. there are about 500 or 450 seats in the room, maybe i should call it theater, and almost all the seats are taken. that is to say, there are about 400, or maybe more, students enroll in AFF 5130. that's really a lot of students. before the class, i saw Z outside the room, he is the student of applied finance. and he told me that AFF 5130 is one of elective unit of his major, and AFF 5130 is relitive easy one. well, i do not know what to say, but i heard that AFF5130 is not an easy unit for accouting. but it is the compulsory unit for accouting student. well, what should i say, we'll see about it.
the lecturer is a man with some Indian accent, sometimes i really not understand what he said. and at the beginning of the class, he introduced himself, but i was not really listening, and he said, this is a elective unit. ? i confused, then he said for financial students. oh, i see. then he said, but this is also compulsory unit for accounting student, oh , i am sure i am not going into a wrong room. after that, he started teaching, began with the example i was not quite understand the first example, because i could not recall what is the market value. and so far i have not found the correct answer. maybe i will find it later. then the second example, after he talked about it, i think...nothing...i know the share price change randomly, but still do not know why. i know there are many factors can affect share price, but i do not think this is the answer which i am looking for. after the examples, he talked about the assessments. not too much, and i do not know whether it hard or not. i hope it is not too hard. i heard it was not the easy one from F. but i am not sure F can be trusted. LOl. anyway , we will see. then go the the valuation flow chart, it is very important. and this is the clue of the unit. the purpose of this unit is valuation. of course, the name of this unit is Financial statement analysis and business valuation. i think it is a little like AFF 5050. we need to anlyse the accounting item in the financial statement, but this unit is a little deeper, it need forecasting. so far i have no idea what should forecast and how to forecast. we will learn. the Slide 13 is the important point of this lecture. after that he talked about M & A, and also some examples . i figure that, this unit also needs a lot of case study...it means a lot of reading, like AFX 5330 and AFF 5150. and to be honest, i am not quite listening the lecture in the last 10 or 5 minites, because i was a little hungry then, all i want was food, maybe i will bring some food in next lecture.