MBA-II

Section – A
Week 10 Report (7th April to 14th April)

Submitted by:
Annaam Bin Muhammad
Haris Amir
Hira Naeem Muggo
Kinza Adnan

Submitted to:
Dr. Sohail Zafar
Investments and Portfolio Analysis
Spring 2020
 Table of Contents

Market Portfolio........................................................................................................................3

Beginning of Week 10 (06/04/2020).............................................................................................3

Ending of Week 10 (13/04/2020)..................................................................................................3
Passive Portfolio.......................................................................................................................4

Beginning of Week 10 (06/04/2020).............................................................................................4

Ending of Week 10 (13/04/2020)..................................................................................................5
Passive Levered Portfolio.........................................................................................................6

Beginning of Week 10 (06/04/2020).............................................................................................6

Ending of Week 10 (13/04/2020)..................................................................................................7
Active Portfolio.........................................................................................................................8

Beginning of Week 10 (06/04/2020).............................................................................................8

Trading (04/03/2020)...................................................................................................................9
Ending of Week 10 (13/04/2020)................................................................................................10
 Market Portfolio

Beginning of Week 10 (06/04/2020)

KSE – 100 Index value: 30,579.15

BALANCE SHEET
Total Assets 71,592,030.23
Total Liability -
Owners’ Equity 71,592,030.23

Ending of Week 10 (13/04/2020)

KSE – 100 Index Value: 31,032.99

1. Rp for Week 10 = (New Value – Old Value)/ Old Value

Rp for Week 10 = (31,032.99 – 30,579.15)/ 30,579.15
Rp for Week 10 = 1.48 %
2. OE at end of Week 10 = OE beginning of Week 10 x (1+ Rp for Week 10)
OE at end of Week 10 = 71,592,030.23 (1 + (1.48 %))
OE at end of Week 10 = 72,654,562.28

BALANCE SHEET
Total Assets 72,654,562.28
Total Liability -
Owners’ Equity 72,654,562.28
 Passive Portfolio

Beginning of Week 10 (06/04/2020)

No. of Price per

Company MV
Shares share
Bestway Cement Ltd. 1,046,3
1 10,000
(BWCL) 104.63 00.00
Bannu Woollen Mills 1,082,4
2 30,000
Ltd. (BNWM) 36.08 00.00
Fatima Fertilizer Ltd. 1,405,2
3 60,000
(FATIMA) 23.42 00.00
Indus Motor Company 14,991,0
4 20,000
Ltd. (INDU) 749.55 00.00
International Industries 1,658,4
5 20,000
Ltd. (INIL) 82.92 00.00
2,307,1
6 Packages Ltd. (PKGS) 10,000
230.71 00.00
Pakistan Services Ltd. 9,880,0
7 10,000
(PSEL) 988 00.00
Service Industries Ltd. 37,950,0
8 57,500
(SRVI) 660 00.00
Unity Foods Ltd. 383,
9 40,000
(UNITY) 9.58 200.00
Ibrahim Fibre Ltd. 1,200,0
10 20,000
(IBFL) 60 00.00
Total Value of Shares 71,903,600.00
Cash leftover 6,151,112.75
Interest income 10% annual 0.19% 11,829.06
Total Cash in Hand 6,162,941.81
MV of Portfolio 78,066,541.81

BALANCE SHEET
Total Assets 78,066,541.81
Total Liability -
Owners’ Equity 78,066,541.81
Ending of Week 10 (13/04/2020)

No. of Price per

Company MV
Shares share
Bestway Cement Ltd. 105.88 1058800
1 10,000
(BWCL)
Bannu Woollen Mills 37.45 1123500
2 30,000
Ltd. (BNWM)
Fatima Fertilizer Ltd. 22.87 1372200
3 60,000
(FATIMA)
Indus Motor Company 737.88 14757600
4 20,000
Ltd. (INDU)
International Industries 82.24 1644800
5 20,000
Ltd. (INIL)
6 Packages Ltd. (PKGS) 10,000 255.6 2556000
Pakistan Services Ltd. 988 9880000
7 10,000
(PSEL)
Service Industries Ltd. 720.45 41425875
8 57,500
(SRVI)
Unity Foods Ltd. 10.03 401200
9 40,000
(UNITY)
Ibrahim Fibre Ltd. 60 1200000
10 20,000
(IBFL)
Total Value of Shares 75,419,975
Cash leftover 6,162,941.81
Interest income 10% annual 0.19% 11,829.06
Total Cash in Hand 6,174,770.87
MV of Portfolio 81,594,745.87

BALANCE SHEET
Total Assets 81,594,745.87
Total Liability -
Owners’ Equity 81,594,745.87
Rp for Week 10 = (OE Ending – OE Beginning) / OE Beginning
Rp for Week 10 = (81,594,745.87 - 78,066,541.81) / 78,066,541.81
Rp for Week 10 = 4.519%
 Passive Levered Portfolio

Beginning of Week 10 (06/04/2020)

No. of Price per

Company MV
  Shares share
Safe Mix Concrete Ltd.
1 250,000 4.87 1,217,500.00
(SMCPL)
2 ICI Pakistan Ltd. (ICI) 35,000 581.32 20,346,200.00
Metropolitan Steel
3 500,000 9.48 4,740,000.00
Corporation Ltd. (MSCL)
Baluchistan Glass Ltd.
4 85,000 3.75 318,750.00
(BGL)
Ghandara Nissan Ltd.
5 75,000 44.96 3,372,000.00
(GHNL)
Nestle Pakistan Ltd.
6 7,150 6590 47,118,500.00
(NESTLE)
EFG Hermes Pakistan
7 90,000 14 1,260,000.00
Ltd. (EFGH)
Shell Pakistan Ltd.
8 80,000 125.88 10,070,400.00
(SHEL)
Media Times Ltd.
9 100,000 0.75 75,000.00
(MDTL)
Sanofi-Aventis Pakistan
10 45,000 680.01 30,600,450.00
Ltd. (SAPL)
  Total Value of Shares 119,118,800.00
Cash on hand 5,647,158.59
MV of Portfolio 124,765,958.59

BALANCE SHEET
Total Assets 124,765,958.59
Total Liability 50,000,000
Owners’ Equity 74,765,958.59
Ending of Week 10 (13/04/2020)

No. of Price per

Company MV
Shares share
Safe Mix Concrete Ltd. 5.36 1340000
1 250,000
(SMCPL)
2 ICI Pakistan Ltd. (ICI) 35,000 570.97 19983950
Metropolitan Steel 8.01 4005000
3 500,000
Corporation Ltd. (MSCL)
Baluchistan Glass Ltd. 3.71 315350
4 85,000
(BGL)
Ghandara Nissan Ltd. 44.86 3364500
5 75,000
(GHNL)
Nestle Pakistan Ltd. 6163.5 44069025
6 7,150
(NESTLE)
EFG Hermes Pakistan 14.25 1282500
7 90,000
Ltd. (EFGH)
Shell Pakistan Ltd. 125.03 10002400
8 80,000
(SHEL)
Media Times Ltd. 0.69 69000
9 100,000
(MDTL)
Sanofi-Aventis Pakistan 657.75 29598750
10 45,000
Ltd. (SAPL)
Total Value of Shares 114,030,475.00
Cash Leftover 5,647,158.59
20% 0.384%
Interest Expense 21,887.89
annually weekly
Cash on hand 5,625,270.70
MV of Portfolio 119,655,745.70

BALANCE SHEET
Total Assets 119,655,745.70
Total Liability 50,0000,000
Owners’ Equity 69,655,745.70
Rp for Week 10 = (OE ending – OE beginning) / OE beginning
Rp for Week 10 = (69,655,745.70 - 74,765,958.59) / 74,765,958.59
Rp for Week 10 = -6.83%
 Active Portfolio

Beginning of Week 10 (06/04/2020)

No. of Price per

Company Shares share MV
HinoPak Motors
63000 315 19,845,000
1 Company Ltd. (HINO)
Fauji Cement
300000 15.57 4,671,000
2 Company Ltd. (FCCL)
Jubilee Life Insurance
33000 251.55 8,301,150
3 Co. (JLICL)
Pakistan Tobacco
12000 1677 20,124,000
4 Company (PAKT)
Fauji Foods Ltd.
5 145000 8.76 1,270,200
(FFL)
6 Systems Ltd. (SYS) 60,000 116.58 6,994,800
Glaxosmithkline (Pak)
45000 164.98 7,424,100
7 Ltd. (GLAXO)
Fauji Fertilizer
70,000 90.11 6,307,700
8 Company (FFC)
Highnoon Laboratries
7,000 476.09 3,332,630
9 Ltd. (HINOON)
Gadoon Textile Mills
10000 140 1,400,000
10 (GADT)
Total Value of Shares 79,670,580.00
Cash leftover 5,665,432.00
MV of Portfolio 85,336,012.00

BALANCE SHEET
Total Assets 85,336,012.00
Total Liability -
Owners’ Equity 85,336,012.00
Trading (11/03/2020)

Sold MV
Highnoon Laboratories Ltd. (HINOON) Sold 7,000 @ 480.27 3,361,890
Bought MV
Abbot Laboratories (Pak) Ltd. (ABOT) Bought 10,000 @
(3,831,500)
383.15
No. of
Company Price per share MV
Shares
HinoPak Motors
1 63000 328 20,664,000
Company Ltd. (HINO)
Fauji Cement
2 300000 15.74 4,722,000
Company Ltd. (FCCL)
Jubilee Life Insurance
3 33000 332 10,956,000
Co. (JLICL)
Pakistan Tobacco
4 12000 1536.8 18,441,600
Company (PAKT)
Fauji Foods Ltd.
5 145000 9.46 1,371,700
(FFL)
6 Systems Ltd. (SYS) 60,000 131.21 7,872,600
Glaxosmithkline (Pak)
7 45000 162.07 7,293,150
Ltd. (GLAXO)
Fauji Fertilizer
8 70,000 95.71 6,699,700
Company (FFC)
Abbot Laboratories
9 10,000 383.15 3,831,500
(Pak) Ltd. (ABOT)
Gadoon Textile Mills
10 10000 147.76 1,477,600
(GADT)
 
Total Value of Shares 83,329,850.00
   
Cash leftover 5,665,432.00+3,361,890-3,831,500  5,195,822
MV of Portfolio   88,525,672.00

BALANCE SHEET
Total Assets 88,525,672.00
Total Liability -
Owners’ Equity 88,525,672.00
Reasons for trading on 11th April:

1. Due to poor performance of Highnoon Laboratories for three consecutive weeks, we sold
this stock in hopes of cutting our losses and purchasing a better player in the same sector.
2. Due to the COVID-19 pandemic, pharmaceutical sector is expected to have an increase in
demand for essential medication. As such Abbott Laboratories was purchased in the
expectation that this surge in demand will result in an increase of stock price.

Ending of Week 10 (13/04/2020)

No. of
Company Price per share MV
Shares
HinoPak Motors
1 63000 328 20,664,000
Company Ltd. (HINO)
Fauji Cement
2 300000 15.15 4,545,000
Company Ltd. (FCCL)
Jubilee Life Insurance
3 33000 349 11,517,000
Co. (JLICL)
Pakistan Tobacco
4 12000 1536.8 18,441,600
Company (PAKT)
Fauji Foods Ltd.
5 145000 9 1,305,000
(FFL)
6 Systems Ltd. (SYS) 60,000 134.86 8,091,600
Glaxosmithkline (Pak)
7 45000 158.14 7,116,300
Ltd. (GLAXO)
Fauji Fertilizer
8 70,000 94.15 6,590,500
Company (FFC)
Abbot Laboratories
9 10,000 372.58 3,725,800
(Pak) Ltd. (ABOT)
Gadoon Textile Mills
10 10000 143.77 1,437,700
(GADT)
Total Value of Shares 83,434,500.00
 
Cash leftover 5,195,822
MV of Portfolio 88,630,322.00

BALANCE SHEET
Total Assets 88,630,322.00
Total Liability -
Owners’ Equity 88,630,322.00
Rp for Week 10 = (OE ending – OE beginning) / OE beginning
Rp for Week 10 = (88,630,322.00 – 85,336,012.00) /85,336,012.00
Rp for Week 10 = 3.86%