{"created":"2023-05-06T06:54:29.359905+00:00","id":8867,"links":{},"metadata":{"_buckets":{"deposit":"444d5f74-2b36-4aa1-ae3c-64d7a7c9a302"},"_deposit":{"created_by":20,"id":"8867","owner":"20","owners":[20],"owners_ext":{"displayname":"","email":"minmoe37aung@gmail.com","username":""},"pid":{"revision_id":0,"type":"depid","value":"8867"},"status":"published"},"_oai":{"id":"oai:meral.edu.mm:recid/00008867","sets":["1582963436320:1582965701379"]},"author_link":[],"item_1583103067471":{"attribute_name":"Title","attribute_value_mlt":[{"subitem_1551255647225":"Business Valuation of First Private Bank in Yangon Stock Exchange","subitem_1551255648112":"en"}]},"item_1583103085720":{"attribute_name":"Description","attribute_value_mlt":[{"interim":"The main objective is to derive the Intrinsic Value of First Private Bank which is\nlisted on Yangon Stock Market using discounted cash flow method with a financial model,\nand compare to the current market price. Finding the intrinsic value of First Private Bank\nlimited using discounted cash flow Method. We built a financial model to project five years\nfinancial projections using the assumptions mainly based on management’s plan and strategy\nwhich are publicly available on YSX website, management interviews and discussions posted\nas disclosures and announcements and using historical trends. We also derived at proper\ndiscount rates by using CAPM method based on most recent risk factors. The results we got\nhas shown that Intrinsic Value of FPB shares is extremely higher than Current share price.\nThat meant the Current Share Value is undervalued. To mitigate the impact of potential risks,\ncalculate the sensitivity and scenario analysis. For sensitivity analysis of FPB share,\nconsidered the impact of WACC and Terminal Growth rate changes. Based on the changes,\nthe intrinsic value is extremely higher than current share price. For scenario analysis, the\nthree cases scenario, Good case, Base case and Bad case, intrinsic value of all cases is\nsignificantly higher than current share price. First Private Bank should consider to do\nrevaluation of its building and property since most of them were recorded at cost price\ndecades ago. The bank also should work closely with Yangon Stock Exchange to promote the\nstock to drive up volume and stimulate the market by drawing investor’s attention to how\nmuch undervalued is the First Private Bank’s shares are. The last suggestion for FPB bank is\nto hire some of the local talents and expatriates to fill the need for human resources and\nstrategic moves for its transformation to a visionary and leading bank."}]},"item_1583103120197":{"attribute_name":"Files","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","date":[{"dateType":"Available","dateValue":"2023-05-06"}],"displaytype":"preview","filename":"Mya Thandar Phyu, MBF-38, (DAY)3rd Batch.pdf","filesize":[{"value":"3.3 MB"}],"format":"application/pdf","licensetype":"license_0","url":{"url":"https://meral.edu.mm/record/8867/files/Mya Thandar Phyu, MBF-38, (DAY)3rd Batch.pdf"},"version_id":"7f43eb1c-8f2f-4956-82e1-f6a53ccfcc76"}]},"item_1583103233624":{"attribute_name":"Thesis/dissertations","attribute_value_mlt":[{"subitem_awarding_university":"Yangon University of Economics","subitem_supervisor(s)":[{"subitem_supervisor":"Dr. Thynn Thynn Myint"}]}]},"item_1583105942107":{"attribute_name":"Authors","attribute_value_mlt":[{"subitem_authors":[{"subitem_authors_fullname":"Mya Thandar Phyu"}]}]},"item_1583108359239":{"attribute_name":"Upload type","attribute_value_mlt":[{"interim":"Other"}]},"item_1583108428133":{"attribute_name":"Publication type","attribute_value_mlt":[{"interim":"Thesis"}]},"item_1583159729339":{"attribute_name":"Publication date","attribute_value":"2023-02-01"},"item_title":"Business Valuation of First Private Bank in Yangon Stock Exchange","item_type_id":"21","owner":"20","path":["1582965701379"],"publish_date":"2023-05-06","publish_status":"0","recid":"8867","relation_version_is_last":true,"title":["Business Valuation of First Private Bank in Yangon Stock Exchange"],"weko_creator_id":"20","weko_shared_id":-1},"updated":"2023-05-06T06:58:57.021853+00:00"}