Assignment

Week 2
Investments

Abdullah K, Sara A, Ayesha S, Sohaib

Passive Levered Portfolio

Beginning of week 2 Portfolio No. Of Shares Price MV

FFC 350,000 106.48 37,268,000
HBL 290,000 167.87 48,682,300
PSO 270,000 212.01 57,242,700
K-Electric 419,258 4.31 1,807,002
       
Value of shares     145,000,002
cash     5,000,000
MV of TA     150,000,002

Balance Sheet Beginning of week 2      

TA     144,267,256
TL     50,000,000
OE     94,267,256

End of Week 2 Portfolio      

FFC 350,000 105.04 36,764,000
HBL 290,000 155.94 45,222,600
PSO 270,000 182.82 49,361,400
K-Electric 419,258 4.09 1,714,765
       
Value of shares     133,062,765
cash     4,980,769.23
MV of TA     138,043,534

Interest

cash 5 mil * 0.2/52 = 0.1923 mil interest paid

cash at the end of week one = 5 - 0.1923 = 4.807 mil

Rs

Balance Sheet at the end of Week 2      

TA     138,043,534
 TL     50,000,000
OE     88,043,534

Rp end of week one = (OE end - OE Beg) / OE Beg

 

-6.60%

Passive

beg week 2
Company No of Shares price in Rs MV
FFC 100,000 104.43 10,443,000
HBL 180,000 156.6 28,188,000
PSO 250,000 205.58 51,395,000
K-Electric 240,000 4.33 1,039,200
MV 91,065,200

end of week 2
Company No of Shares price in Rs MV
FFC 100,000 105.04 10,504,000
HBL 180,000 155.94 28,069,200
PSO 250,000 182.82 45,705,000
K-Electric 240,000 4.09 981,600
TA = TL + OE
85,259,800 0 85,259,800
Rp end of week 1 =    

Rp end of week 1 =   -11.348%

Cash     9,805
      5,108,305
MV     90,368,105
Change in MV (0.01)

Active

Beg of week 2      
Company Shares No mills Price Rs MV mil Rs
FFC 100,000 104.43 10,443,000
HBL 180,000 156.6 28,188,000
PSO 250,000 205.58 51,395,000
CHCC 65,000 54.8 3,562,000
Value of shares     93,588,000
cash 0.24 sold K-Ellectric Buy CHCC 0.065   2,397,600
Total     95,985,600
        
       
Balance Sheet end of week 2      
TA 95,985,600    
TL 0    
OE 95,985,600    

Rp end of week one = (OE end - OE Beg) / OE

Beg      

Rp end of week one = (95.985- 100)/100 =

-4.01%      
  -4.01%    

Trading done Tuesday week 2      

       
Company Shares No mills Price Rs MV mil Rs

Sold pso 250,000 shs at 191.78 Rs = 47945000      

FFC 100,000 106.48 10,648,000
HBL 180,000 167.87 30,216,600
       
CHCC 65,000 57.54 3,740,100
Value of shares     44,604,700
cash     94,947,300
Total     139,552,000

Balance Sheet end of week one  

TA 139,552,000
TL 0
OE 139,552,000

Rp end of week one = (OE end - OE Beg) / OE

Beg  
   
  39.55%

Market portfolio

Market Index Portfolio

  Market Portfolio
Week 2 Portfolio    
      
     
  Beginning Value (4th Ending Value (11th February)
February) KSE-100 KSE-100
Price of Index 40409.38 39296.7

Return (Rp) -2.75%

Balance Sheet Beginning    

Week 2
TA= TL+ OE
96654924 0 96654924
     

Balance Sheet Ending    

Week 2
TA= TL+ OE
93993512 0 93993512
     

Return = (Ending OE – Beginning OE) / Beginning OE *100

Rp = -2.75 %

Purchased 200000 shares of Fauji Fertilizers Limited 105.71

Cash outflow 2114200