Capital Raising and Investment in Primary Market

Two-Week Long Training Program

Training on Capital Raising and Investment in Primary Market”

 

OBJECTIVE:

 To enable the participants to understand capital raising process, pricing mechanism, and investment in primary market.

PROGRAM CONTENTS:

Module Module Name Expected Speaker
Module 1

 

Date- 09.11.2014

Sunday

Introduction to Capital Raising

–       Capital market: primary market, secondary market, players in capital market

–       Capital raising: debt financing, equity financing, hybrid financing, mutual fund issue, asset backed securities issue

Dr. Mohammad Musa

Professor & Dean School of Business & Economics, United International University

 

Module 2

 

Date- 10.11.2014

Monday

Due Diligence :

–       Due diligence as per public issue rule 2006

–       Responsibility of BSEC and Stock Exchange

–       Listing requirements

Mohammad Abdul Hannan Zoarder

Executive President

Bangladesh Institute of Capital Market (BICM)

Module 3

 

Date- 12.11.2014

Wednesday

 

Economy and Industry Analysis

–       Macroeconomic and market analysis: cyclical indicator approach

 

Company Analysis

–       Competitive strategies

–       Estimating company EPS: sales forecast, estimating company profit margin

Kazi Monirul Islam, CFA

Head of Research

IDLC

Module 4

 

Date- 13.11.2014

Thursday

Financial Statement Analysis and Value Driver

–       Objectives and Nature of Financial Statements

–       Financial Statement Analysis and its application

–       Other relevant issues

Nitai Chandra Debanath, ACMA

Associate Professor

Bangladesh Institute of Capital Market (BICM)

Module 5

 

Date- 16.11.2014

Sunday

 

Initial Public Offering and Repeat Public Offering

·         IPO Preparation

·         IPO Flotation Method

·         Underwriting the IPO

·         Cost of New Issue

·         Cost of Capital

·         Overview of Registration Process

 

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

Module 6

 

Date- 17.11.2014

Monday

Pricing /Valuation of IPO

a.       Pricing of IPO following Relative Valuation Method

b.       Pricing of IPO following Fixed Price Method

c.       Pricing of IPO following Book Building Method

d.       Pricing of IPO following Net Asset value

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

Module 7

 

Date- 18.11.2014

Tuesday

Analysis of Risk and Profitability

–       All type of risk

–       Potential or existing government regulations

–       Potential changes in global or national policies

–       Analysis of profitability

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

Module 8

 

Date- 19.11.2014

Wednesday

Forecasting Equity Securities

–       Forecasting future performance of the security

–       Forecasting reinvestment

–       Capital structure and its impact on value

 

Practical Session: Application of these method to one of the listed companies

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

Module 9

Date- 23.11.2014

Sunday

 

Pricing Equity Securities

–     Asset Based Valuation & Absolute valuation Method

–     Pricing the cash flow- DCF method- FCF

–     Pricing the Book Value- Residual operating earning Approach

–     Pricing the earning- Abnormal Earning Growth Model

 

Practical Session: Application of these method to one of the listed companies

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

Module 10

 

Date- 24.11.2014

Monday

Empirical Price performance Behaviour of IPO in Bangladesh and other market

 

IPO flipping& Investor strategies in an IPO

Dr. Mahmood Osman Imam

Professor, Dept. of Finance, Faculty of Business studies, University of Dhaka

 

TARGET AUDIENCE:

Investment Bankers, financial analysts, corporate financial executives, fund managers, equity traders, institutional investors and executives from asset management companies, brokerage houses, financial institutions, regulator and general investors.

 COURSE TIMING: 6:00 PM to 9:00 PM.

VENUE: Bangladesh Institute of Capital Market [BICM]

 COURSE FEE: Tk. 5000 per participant

Mode of payment: Cash or Pay Order in favor of Bangladesh Institute of Capital Market

 REFRESHMENT: Refreshments will be served in between two lecture sessions.

 EVALUATION: There will be an evaluation at the end of the course.

 CERTIFICATION: Each participant will be awarded a Participation Certificate on successful completion of the Course.

 RESOURCE PERSONS: BICM Faculty member, Experts from Bangladesh Securities and Exchange Commission (BSEC), Market Experts and Academicians.

Founding Members