Page 1 FINS2618 Capital Markets and Institutions - Term 3, 2023
C
R
IC
O
S
P
ro
vi
d
er
C
o
d
e
0
0
0
9
8
G
Weighting:
5% (individual presentation) + 25% (written report & video presentation)
Due date:
Week 7 Timetabled Tutorial Session (individual presentation)
Week 10 Sunday 19th November 11:59pm (written report & video presentation)
The goal of this Major Assignment is to demonstrate all the key knowledge and skills gained in
this course through the lectures, tutorials, iLab classes and FactSet database.
Your investment team are equity analysts that needs to deliver a stock
pitch to various asset managers on an Australian listed company. It is
expected that your team prepare a short written document to introduce
your chosen company and a recorded presentation of your stock analysis.
Select a company that is currently listed on the Australian Stock Exchange (ASX), which satisfies all the
following criteria:
(a) The stock can be found within the FactSet database
(b) The market capitalisation must be less than AUD $5 billion
(c) The company has at least 3 years of complete financial data
FINS2618 Capital Markets and Institutions
Major Assignment
Term 3, 2023
Page 2 FINS2618 Capital Markets and Institutions - Term 3, 2023
Part A: Introduction to The Company
1. Explain the current capital structure of your company. [5 marks]
• You may consider the distinct types and amounts of debt, hybrid, and equity instruments that
this company has issued, its characteristics as well as other important details.
2. Explain the current asset and current liability structure of your company. [5 marks]
• You may consider different ratios, a comparison with historical values as well as other
important details.
3. Identify the major stakeholders as well as the top 10 shareholders of your company. [5 marks]
• You may consider different parties that are impacted by the operations of this company
overall and in different segments, the individuals or entities that have the largest ownership
stake in the company as well as other important details.
4. Identify the main competitors of your company. [5 marks]
• You may consider the main competitors in the domestic market and relevant geographical
segments as well as other important details.
5. Explain the major revenue and expense sources of your company. [5 marks]
• You may consider different geographical segments that your company derives revenue and
expenses from as well as other important details.
6. Examine one derivative instrument that your company is utilising as part of its operations.
[5 marks]
• You may consider the features of this instrument, the reasons for its use, the effectiveness of
this instrument in achieving the proposed aims as well as other important details.
Part B: Market Valuation
7. Determine the current market valuation of your company. [15 marks]
• You may consider various financial ratios from previous periods as well as future forecasts.
Page 3 FINS2618 Capital Markets and Institutions - Term 3, 2023
Part C: Stock Price Movement Analysis
8. Annotate a chart with the last twelve months’ share price of your company. [10 marks]
• You may consider the key events which explain movements in the share price, macro-
economic factors, company-specific events, benchmarking against a relevant market
index as well as other important details.
9. Describe how one announcement that occurred in the past twelve months has affected the share
price of your company. [10 marks]
10. Based on your analysis in Parts A, B and C, propose whether your company’s stock in twelve
months’ time will be higher, lower, or similar to the current market price. Justify your reasons.
[10 marks]
11. Provide a brief final conclusion to your investment team’s findings and above discussion.
[5 marks]
Page 4 FINS2618 Capital Markets and Institutions - Term 3, 2023
GROUP FORMATION:
The Major Assignment has two components – an individual presentation (due in Week 7) and a final
written report and video recording (due in Week 10).
Students are free to form their own groups within the same tutorial with the condition that each group
should have 2-4 members. Your tutor should have a record of the members in each group as well as
your group number/name.
Since the goal of the Major Assignment is to provide an opportunity to gain team working skills in a safe
environment, no individual submissions are allowed.
All members of the group will be initially awarded the same mark for the written report + video
recording as they are expected to equally contribute to the final submission of the group.
GROUP DYNAMICS AND INDIVIDUAL RESPONSIBILITIES:
Groupwork is one of the core Program Learning Outcomes at UNSW. Learning how to work in a new
team is an essential skill in the workforce too.
As a group, you will be responsible for negotiating roles, managing your workloads and progress
amongst the group. The group should collectively set out the expectations for each member’s workload
clearly and to reduce any “free-rider” problems.
Individuals in groups should also work actively to overcome barriers that arise. However, any substantial
problems in your group should be raised with your tutor as soon as possible.
Records of all communications, meeting attendances, task allocations, documents, work-in-progress,
submission schedules etc should be kept by each group member.
Each group should set internal deadlines well before the presentation (in Week 7) and the written
report and video recording (in Week 10) to ensure that there is sufficient time to compile, edit and
communicate with each other before the deadline.
If a group believes that there is an evident and substantial disparity in contribution by any member,
these groups may be able to engage in a peer assessment and moderation of grades for each individual
in the group, at the discretion of the LIC. Peer reviews are undertaken on a case-by-case basis and
require substantive evidence of both disparity in contribution and efforts to ameliorate any difficulties.
The Teaching Team will not resolve any group issues if there is no evidence that the group has tried to
resolve these conflicts or barriers amongst themselves.
There is a universal expectation that each student will make every effort to communicate clearly,
contribute fairly and treat one another with the utmost respect.
Page 5 FINS2618 Capital Markets and Institutions - Term 3, 2023
INDIVIDUAL PRESENTATION (5%):
Each group must present live during their timetabled tutorial class in Week 7 (week starting Monday
23rd October) of the term. All members of the group will be required to participate for an individual
grade. The total time allocated for each group is 5 minutes.
For this presentation, the group needs to create a simple single slide deck in PowerPoint with a
maximum number of 1 slide per group + an introductory slide with the names and zIDs of the group
members as well as the company analysed. No references/sources need to be included in this slide deck.
During the presentation, you will need to detail the company your group has chosen, any preliminary
findings, areas of responsibility, the group’s plan and work schedule for the time remaining until the
submission date, how you will personally contribute to the final production of the written report and
video recording.
After the presentation, one member from each group needs to submit the PowerPoint slides
electronically via the submission link on Moodle by the end of Week 7 (Sunday 29th October 11:59pm
at the latest). These slides will not be explicitly graded separately but is a record of your group's
completion and where the individual marks for the Oral Presentation will be given as feedback to all
students in Week 8. If there is no submission received, then no marks can be recorded for you and your
group members.
Page 6 FINS2618 Capital Markets and Institutions - Term 3, 2023
WRITTEN REPORT + VIDEO PRESENTATION (25%):
There are two components for the final submission: a written report and a video presentation.
a) WRITTEN REPORT
The written report should be a “snapshot” summary of your chosen company presented to the asset
managers. It should be a maximum of 3 pages:
Page 1 – Title page – Group name, student members, zIDs, company analysed, hyperlink to the video
presentation recording and a maximum 200 word executive summary.
Page 2 – Content – The main body text needs to be 1.15 line spacing and in size 12 Arial or Calibri Font
with normal (2.54cm) margins on all sides. Tables, graphs, charts, and diagrams are excluded from this
formatting requirement but must fit within this single sided A4 page. These need to be professionally
presented in the written report. No table of contents or in-text references are required. No appendices
are allowed.
Page 3 – References – All reports must include a list of references/sources in academic form using the
Harvard referencing method. You will be penalised if you forget to reference your sources for this
written report or use inappropriate referencing. More information on the Harvard referencing style can
be found here:
https://www.student.unsw.edu.au/harvard-referencing
Please proofread the written report before the final submission.
One member from each group needs to submit the final written report as a .pdf document via the
TurnItIn link on Moodle by the end of Week 10 (Sunday 19th November 11:59pm).
b) VIDEO PRESENTATION
The video presentation should be 15-20 minutes in duration. Markers will stop watching any content
after 20 minutes. All members of the group will need to participate and have their cameras on when
presenting. Each member needs to present for at least 3 minutes.
An introductory slide needs to be included with the names and zIDs of the group members and company
analysed. A final slide containing a list of all the references/sources, cited in the Harvard referencing
method, that were used in the creation of this video presentation.
One member from each group needs to submit the PowerPoint slides electronically via the submission
link on Moodle by the end of Week 10 (Sunday 19th November 11:59pm). These slides will not be
explicitly graded separately as they are covered in the video presentation but is a record of your group's
completion and where the marks for the video presentation will be given as feedback to all groups. If
there is no submission received, then no marks can be recorded for you and your group members. The
video file should also be submitted by the end of Week 10 (Sunday 19th November 11:59pm).
Page 7 FINS2618 Capital Markets and Institutions - Term 3, 2023
MARKING GUIDE:
Part A /30 marks
Part B /15 marks
Part C /30 marks
Conclusion and final recommendation /5 marks
Presentation and style of video presentation /10 marks
Written report /10 marks
TOTAL MARKS /100 marks
Penalties
Inappropriate sources or use of academic literature up to -10 marks
Incorrect referencing (Harvard style) up to -10 marks
Failure to comply with formatting requirements up to -10 marks
Poorly presented report/video presentation/tables/graphs/charts/diagrams up to -10 marks
Incorrect selection of company -50 marks
Each page of the written report over the 1 page content limit -10 marks per page
Each minute of the video presentation over the 20 minute limit -10 marks per minute