Thursday, December 21, 2006

E-Learning-EARNING PER SHARE




From Ken Little,Your Guide to Stocks.

For example, companies A and B both earn $100, but company A has 10 shares outstanding, while company B has 50 shares outstanding. Which company’s stock do you want to own?
It makes more sense to look at earnings per share (EPS) for use as a comparison tool.
You calculate earnings per share by taking the net earnings and divide by the outstanding shares.
EPS = Net Earnings / Outstanding Shares Using our example above, Company A had earnings of $100 and 10 shares outstanding, which equals an EPS of 10 ($100 / 10 = 10). Company B had earnings of $100 and 50 shares outstanding, which equals an EPS of 2 ($100 / 50 = 2).


So, you should go buy Company A with an EPS of 10, right? Maybe, but not just on the basis of its EPS. The EPS is helpful in comparing one company to another, assuming they are in the same industry, but it doesn’t tell you whether it’s a good stock to buy or what the market thinks of it. For that information, we need to look at some ratios.


Before we move on, you should note that there are three types of EPS numbers:
Trailing EPS – last year’s numbers and the only actual EPS
Current EPS – this year’s numbers, which are still projections Forward EPS – future numbers, which are obviously projections


Meaning #1: the portion of a company's profit allocated to each outstanding share of common stock


The portion of a company's profit allocated to each outstanding share of common stock. EPS serves as an indicator of a company's profitability.


Calculated as: Net Income-Dividends on preferred Stocks/Average Outstanding shares


In the EPS calculation, it is more accurate to use a weighted-average number of shares outstanding over the reporting term, because the number of shares outstanding can change over time.


However, data sources sometimes simplify the calculation by using the number of shares outstanding at the end of the period.Diluted EPS expands on the basic EPS by including the shares of convertibles or warrants outstanding in the outstanding shares number.


Investopedia Says: Earnings per share is generally considered to be the single most important variable in determining a share's price. It is also a major component of the price-to-earnings valuation ratio. For example, assume that a company has a net income of $25 million.

If the company paid out $1 million in preferred dividends and had 10 million shares for one half of the year and 15 million shares for the other half, the EPS would be $1.92 (24/12.5). First, the $1 million is deducted from the net income to get $24 million.

Then a weighted average is taken to find the number of shares outstanding (0.5 x 10M+ 0.5 x 15M = 12.5M).An important aspect of EPS that's often ignored is the capital that is required to generate the earnings (net income) in the calculation.

Two companies could generate the same EPS number, but one could do so with less equity (investment) - that company would be more efficient at using its capital to generate income and, all other things being equal, would be a "better" company. Investors also need to be aware of earnings manipulation that will affect the quality of the earnings number. It is important not to rely on any one financial measure, but to use it in conjunction with statement analysis and other measures.
Related Links: The math may be simple, but to make informed investment decisions, investors need to understand the many varieties of EPS and what each represents.
Types Of EPSLearn how this key metric is calculated and how it is used to judge market performance. Earnings Forecasts: A PrimerConsensus estimates can send stocks spiraling - but are they representing reality? Surprising Earnings ResultsCompanies can manipulate their numbers, so you need to learn how to determine the accuracy of EPS. How To Evaluate The Quality Of EPSEPS helps investors analyze earnings in relation to changes in new-share capital. Getting The Real EarningsThese unofficial forecasts hold the potential for insider insight - and investment risk. Whisper Numbers: Should You Listen?

Monday, December 18, 2006

Top Ten Investing Books And Books to Read


1) The Intelligent Investor
This is perhaps the most important and influential book ever written about value investing. Originally published in 1934 by Ben Graham, this work has been heralded by such notable investors as Warren Buffett as "the best investing book ever written". In it, Graham presents two types of investing styles - one for every day people who don't want to think about their portfolios ("defensive") and the business man or woman who wants to enjoy maximum returns ("enterprising").

2) One Up on Wall Street
As many of you have heard me say, One up on Wall Street is, in my opinion, the first or second book any new investor should read. In it, famed mutual fund manager Peter Lynch teaches you how to use what you already know to make money in the market.

3) The Essays of Warren Buffett
Anyone who is worth their salt as an investor has read the Berkshire Hathaway shareholder letters, written by Buffett. In this book, Professor Lawrence Cunningham selects and arranges these corporate "essays" by topic and relevance. It is a great tool to have handy and can teach you a lot about management, business valuation, investing philosophy, the use of stock options, economic and accounting goodwill and more.

4) Common Stocks and Uncommon Profits & Other Writings
Philip Fisher is one of the most prominent and important financial thinkers in history. In this book, he examines the fifteen qualities of an excellent business. When this approach is coupled with Graham's "value" method, it can be a very powerful thing.

5) Security Analysis
Security Analyis was originally written by Professor Benjamin Graham in 1934. Five editions and a million copies later, the seven hundred page investing treatise will teach you how to analyze and value almost any investment. If you take more than a casual interest in building your networth, this book will change your life.


6) How to be a Billionaire
In this 250+ page book, the author takes you through the strategies of many of America's billionaires, going back more than 100 years to such names as Getty and Rockefeller, and ending with such modern-day titans such as Bill Gates. It examines each of their strengths in an easy-to-digest format. This book is a fun and informative read.

7) The Interpretation of Financial Statements
Do you want to learn to read and understand financial statements? This classic investment book makes it simple. No matter how experienced an investor, this...


Renowned expert Suze Orman discusses nine steps each person can take to put themself on the road to financial independence. Not just limited to investment, this book covers everything from retirement to life insurance. It is an excellent companion if you are looking for a well-rounded approach to bring fiscal responsibility and discipline to your life.

9) Rich Dad, Poor Dad
Rich Dad, Poor Dad was Robert Kiyosaki's first best-selling book. In it, he advocates financial independence by means of investing, real estate, owning businesses, and the use of finance protection tactics.
Rich Dad, Poor Dad is written in what is meant to be an entertaining anecdotal manner to make finances interesting. The most central element stressed by Kiyosaki is the advocacy of owning the system or
means of production, rather than being an employee of someone else.
10) Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud
The second edition of Howard Schilit's book teaches investors to detect financial fraud and aggressive accounting in annual reports, financial statements, and SEC filings. There are dozens of real-life examples ranging from film to tech companies. If you take more than a casual interest in your investments, you should consider owning this book

Saturday, December 16, 2006

Improve Your Body language -Effective communication


Continuing from the previous post 6 reasons to improve your body language, here is just a few of many pointers on how to improve your body language. Improving your body language can make a big difference in your people skills, attractiveness and general mood.
There is no specific advice on how to use your body language. What you do might be interpreted in several ways, depending on the setting and who you are talking to. You’ll probably want to use your body language differently when talking to your boss compared to when you talk to a girl/guy you’re interested in. These are some common interpretations of body language and often more effective ways to communicate with your body.

First, to change your body language you must be aware of your body language. Notice how you sit, how you stand, how you use you hands and legs, what you do while talking to someone.

You might want to practice in front of a mirror. Yeah, it might seem silly but no one is watching you. This will give you good feedback on how you look to other people and give you an opportunity to practise a bit before going out into the world.

Another tip is to close your eyes and visualize how you would stand and sit to feel confident, open and relaxed or whatever you want to communicate. See yourself move like that version of yourself. Then try it out.

You might also want observe friends, role models, movie stars or other people you think has good body language. Observe what they do and you don’t. Take bits and pieces you like from different people. Try using what you can learn from them.
Some of these tips might seem like you are faking something. But fake it til you make it is a useful way to learn something new. And remember, feelings work backwards too. If you smile a bit more you will feel happier. If you sit up straight you will feel more energetic and in control. If you slow down your movements you’ll feel calmer. Your feelings will actually reinforce your new behaviours and feelings of weirdness will dissipate.

In the beginning easy it’s to exaggerate your body language. You might sit with your legs almost ridiculously far apart or sit up straight in a tense pose all the time. That’s ok. And people aren’t looking as much as you think, they are worrying about their own problems. Just play around a bit, practice and monitor yourself to find a comfortable balance.

1. Don’t cross your arms or legs – You have probably already heard you shouldn’t cross your arms as it might make you seem defensive or guarded. This goes for your legs too. Keep your arms and legs open.
2. Have eye contact, but don’t stare – If there are several people you are talking to, give them all some eye contact to create a better connection and see if they are listening. Keeping too much eye-contact might creep people out. Giving no eye-contact might make you seem insecure. If you are not used to keeping eye-contact it might feel a little hard or scary in the beginning but keep working on it and you’ll get used to it.
3. Don’t be afraid to take up some space – Taking up space by for example sitting or standing with your legs apart a bit signals self-confidence and that you are comfortable in your own skin.
4. Relax your shoulders – When you feel tense it’s easily winds up as tension in your shoulders. They might move up and forward a bit. Try to relax. Try to loosen up by shaking the shoulders a bit and move them back slightly.
5. Nod when they are talking – nod once in a while to signal that you are listening. But don’t overdo it and peck like Woody Woodpecker.
6. Don’t slouch, sit up straight – but in a relaxed way, not in a too tense manner.
7. Lean, but not too much – If you want to show that you are interested in what someone is saying, lean toward the person talking. If you want to show that you’re confident in yourself and relaxed lean back a bit. But don’t lean in too much or you might seem needy and desperate for some approval. Or lean back too much or you might seem arrogant and distant.
8. Smile and laugh – lighten up, don’t take yourself too seriously. Relax a bit, smile and laugh when someone says something funny. People will be a lot more inclined to listen to you if you seem to be a positive person. But don’t be the first to laugh at your own jokes, it makes you seem nervous and needy. Smile when you are introduced to someone but don’t keep a smile plastered on your face, you’ll seem insincere.
9. Don’t touch your face – it might make you seem nervous and can be distracting for the listeners or the people in the conversation.
10. Keep you head up. Don’t keep your eyes on the ground, it might make you seem insecure and a bit lost. Keep your head up straight and your eyes towards the horizon.
11. Slow down a bit – this goes for many things. Walking slower not only makes you seem more calm and confident, it will also make you feel less stressed. If someone addresses you, don’t snap you’re neck in their direction, turn it a bit more slowly instead.
12. Don’t fidget – try to avoid, phase out or transform fidgety movement and nervous ticks such as shaking your leg or tapping your fingers against the table rapidly. You’ll seem nervous and fidgeting can be a distracting when you try to get something across. Declutter your movements if you are all over the place. Try to relax, slow down and focus your movements.
13. Use your hands more confidently – instead of fidgeting with your hands and scratching your face use them to communicate what you are trying to say. Use your hands to describe something or to add weight to a point you are trying to make. But don’t use them to much or it might become distracting. And don’t let your hands flail around, use them with some control.
14. Lower your drink – don’t hold your drink in front of your chest. In fact, don’t hold anything in front of your heart as it will make you seem guarded and distant. Lower it and hold it beside your leg instead.
15. Realise where you spine ends – many people (including me until recently) might sit or stand with a straight back in a good posture. However, they might think that the spine ends where the neck begins and therefore crane the neck forward in a
Montgomery Burns-pose. Your spine ends in the back of your head. Keep you whole spine straight and aligned for better posture.
16. Don’t stand too close –one of the things we learned from Seinfeld is that everybody gets weirded out by a close-talker. Let people have their personal space, don’t invade it.
17. Mirror - Often when you get along with a person, when the two of you get a good connection, you will start to mirror each other unconsciously. That means that you mirror the other person’s body language a bit. To make the connection better you can try a bit of proactive mirroring. If he leans forward, you might lean forward. If she holds her hands on her thighs, you might do the same. But don’t react instantly and don’t mirror every change in body language. Then weirdness will ensue.
18. Keep a good attitude – last but not least, keep a positive, open and relaxed attitude. How you feel will come through in your body language and can make a major difference. For information on how make yourself feel better read
10 ways to change how you feel and for relaxation try A very simple way to feel relaxed for 24 hours.
You can change your body language but as all new habits it takes a while. Especially things like keeping you head up might take time to correct if you have spent thousands of days looking at your feet. And if you try and change to many things at once it might become confusing and feel overwhelming.
Take a couple of these body language bits to work on every day for three to four weeks. By then they should have developed into new habits and something you’ll do without even thinking about it. If not, keep on until it sticks. Then take another couple of things you’d like to change and work on them.

Tips on Improving Memory















Most of us express dissatisfaction with our memory, especially when we want to recall some detail and we can't. Some examples are, an address or a telephone number, the time of a meeting, somebody's name, etc. Even people who I think have an excellent memory, complain that they forget things. In their case, perhaps their mind refuses to be cluttered with a detail which doesn't seem important to them at the time. Later, for some reason, they want to contact that person, and they can't recall the name or other details of that person.
Memory works like a bank. You can get to it, only if you put it there. If you didn't deposit it, you can't collect it when you need it.
A lot of people insist, "My memory is terrible, or "I can't remember anything." In most of the cases, their memory is fine. The power to remember is certainly there. They just need to take the time to learn ways to "register" the events more clearly, so they can 'recall" them more successfully, later. In this article, I will briefly describe what we need to do to improve our memory and in later articles, I will write in more detail about them.

l. Positive expectation. Believe that you have a good memory. If you believe you have a poor memory and you can't remember anything, your mind will do everything to prove you right. It is better to think that your memory is basically good. When you learn better memory techniques, you will have a better memory. The reason that someone you know has a better memory is that he or she, knowingly or automatically, is using better memory techniques.
2. Interest and importance: Recall of a particular event or detail depends on the interest we take and the importance we assign to that detail or event, at the time when it is taking place. We remember so much more about people, places, and topics which fascinate us. When you are greatly interested in a subject, you pay close attention and your brain releases chemicals to form deeper "imprints" on the cells that store memory. Those can literally become "long lasting impressions. "
3. Pay attention: If you want to recall something, pay close attention to it at the time. The problem may not be memory, the problem may be one of attention. People who have a good memory, pay close attention to events as they happen. Also, you may well know that the level of interest and importance we assign to a person or an event, determines how much attention we are going to pay it at the particular time it is occurring.
4. Memory is an active process. The more active attention you pay, the more details you observe, the more you think, reason, and comprehend, the more associations you make of what you know with what you are trying to learn, the more you will retain and be able to recall, later on. Good memory is a state of the active mind.

5. A relaxed mind helps memory: Learn with a relaxed mind. Recall the learned material with a relaxed mind. Let's take as an example a situation where you misplace your car keys. If you get too agitated with yourself in trying to recall something, as is the case in this example, you are in for frustration. But, if you relax your mind, and calmly go through the events backward, you are more likely to remember where you left them.

6. Reduce anxiety. While mild anxiety can increase interest and attention, high anxiety can impair attention and concentration, and therefore, limit the recall of learned material. That is why, if we are too anxious during a test, we forget what we earlier knew very well. Actually, your memory is okay but anxiety is interfering with it. Management of test anxiety has helped many students in their test performance.
7. Monitor depression. Depression can impair the interest and joy in the events surroundings us. As a result, too little energy is left to recall anything. Some depressed persons become more anxious and depressed thinking, "I have lost my mind. " Once depression is treated, memory as a general rule, returns to the normal.

8. Use your favorite sensory channel. Some remember better what they see, "visual memory, " and some remember better what they hear, "auditory memory. " If you are someone who remembers better what you hear, then listen to a book on tape, rather than reading it. For other material, tape what you want to learn, and then listen to it for better recall.

Monday, December 04, 2006

Professional organisation


Nowdays organisation is emerging in terms of thousands.Employee strength is also increasing day by day.All employee in any organisation need not be having same skills.Five fingers of our hands are never be same know.Then how come all employees are too intelligent.
It is highly absurd to think all are intelligent.There average skilled employee and above average employee also will be there.
The ability of organisation to motivate the below average employee to become best person.
"There is a dark before the dawn".The soul responsibility of all organisatin to motivate and concentrate to develop employee skills.
sometimes when we motivate employee,the average skill person becomes extraordinary person.This is simply how well we approach them and how we handle them.Instead of telling it is impossible for you to finish the tasks and tell them it possible.Because impossible become i m possible.
Every experience we have is designed to make us stronger.Be part of motivator.