Angel Investments Background Angel Investments (AD) is based in Warsaw, Poland. It is run by a group of rich people who invest money in companies. It is willing to take risks by buying stakes in start-up or small companies, but also puts money into larger companies which have good prospects for growth, Al makes money by selling shares in companies when their share price is high, then in the future. investing the money in ce panies which it expects to do wel At present, it has €10 million to spend and it has chosen four companies as potential investments EE Technoprint share price — last 18 months Technoprint is a manufacturer of office 3” equipment, based in Frankfurt, Germany. a*| ig i les main products are inkjet and laser printers. = 6 | 7¥ . Present share price: €4.14 Ce High (Ist yen 5.42 52 Low (last year 3.59 ae a JFMAMJJASOND) FMAM] Extract from business analyst's report CASE STUDY| and ae Turnover Prevx profi se Raa Rae 908 a8 5 yeas ago 694 8 4 08 UNIBRAND : Unibrand share price last 18 months Oiler heer erect) ‘Amsterdam selling a var roe | eo Present share price ratio Extract from business Low (last year): 5 analyst's repore Turnover Pretax prof Earnings per Dividend per (€milions) share (cents) share (cents) wrsago 308 301 re 8 “Tumover for first 6 months ofthis year:€204 eli 44Olaeliate nase FPO oe LF is based on ies website “She surtace 5 warw OLFcom. Its target audience is 4 OFF fashion-conscious women aged ashions there ae mae oe between 30 and 45 who want to keep pana or te BOO up with the latest trends in clothing the emer corinne and accessories. incorrect aelveres Te Te Present share price: €5.73 er ey = High (last year): €8.96 ie A they Low (last year): e271 too ert el oe Online Fashions share price ~last 18 months Tumover Pretax prof Earnings per Dividend per (Emilions) (Emilions) share (cents) share (cents) ast year 193 038 ni years ago 3.1 52 ni Byearsago 49 2 56 ni Turnover for first 6 months ofthis year: €148 milion J FMAMJJASONDJ FMAM ENTIURES|(AV)) n, Italy, AV was founded ars ago. It is searching for _ LEMAMTT AS ONDE FMR cork wane Pope Extract from busin, <2 malts repore An intresting were company but {ntortunately it has heavy debts, Eart Tirrcier Preecprofe Exnngs per vison per AMM N2T2CAV urd scene {Coihes) Kein)” Sharon) Sreteens) (UMM 2 70"GS Ts ago ees Rises 1027 37 082 t ba aoa bilfor 750000 Bers 7-106 sess scan Cos Farmorer or rs 6 moths fh yer €570 milion nest quar « Pound Enicrne ‘BTOUPS and their protests a ee reamao robiem Untavourabie news have appeared attacking reign Work in small groups. You are directors of Angel compares working in ore” Investments. Read the reports and note down the key points concerning each company. $7566 Listen to the CEOs’ comments to investors for the four companies. Note down the key points concerning each company. Discuss the advantages and disadvantages of investing in each company. Then decide what proportion of the €10 million you will invest in Writing ‘each company. (You may decide not to invest in Write an e-mail to the CEO providing a list of ‘one or more of the companies ~ it is up to you.) your recommendations. Give reasons for’ ‘4 Compare your decisions with those of the other groups. D wing pe page 1383 our recommendations. lasE. mails To... _| | tomhunt@promowora com From... _| | Harry King Cc..__| /maryfonier@audiovsion com Bcc... _ | | claudia stannke@ audiovision.com Subject: | Friday's meeting Torn ‘Justo contr that we wil be able fo attend the meeting next Friday. ‘ibe with our Sales Dicecir, Mary Fowler. Hany ‘John Waters (John Waters @sitco.com) From..._}[ PoterLews G Subject: | Extension of racing agreement Dear Mr Waters Iwas very good to so0 you again at our meeting in Pais on 16 July. hope you had a sate journey home afterwards. We agreed that your company wil continue to represent us anc to promote the full range of our services throughout Europe, the Middle East and North Atria fr three years with effect from 1 August. ‘During this period we expect lo see an increase of at least 15 percent in the value of business we doin this region. Ful deals ofthe payments we will make and he expenses we will ‘cover are included in the attached agreement. Can you please check this and, if ali inorder, sign and return one copy of the agreement tome. 7 We look forward to continuing to develop our business in the region in ‘aazociation with yourselves. Best wishes Peter Lenis Managing Director -Mesnik Professional Services 997 City Lane London £2 3RW Writing file | 333,