MULTINATIONAL CORP-EVOL & CUR ISSUE Assignment Example | Topics and Well Written Essays - 750 words

MULTINATIONAL CORP-EVOL & CUR ISSUE - Assignment Exampleel Kors are reputable business platforms whose main aim is growth therefore, with people move to sell their products through Amazon, and others continuing to maintain a high sense of fashion through Michael Kors, the share nourishs of these companies will evermore be stable, all correctors kept constant. The motivation behind these investments was that of buying and holding until the share values move over a valuable high. With the state of the economy being in jeopardy due to tensions with Russia and North Korea, it was surplus to invest in equities with a high Rate of Change and penny stocks this is because during such economic quantify they could fluctuate really fast and bring in huge losses.On 26th of April I receptive a 20,000-share long position with Michael Kors at a share value of $92.19, which amounted to $1,843,800. With a Price to remuneration Ratio of $30.50, and an Earnings Per Share value of $1.97, the footing of each share was clearly overpriced. This is due to the fact that most people speculated that the company was doing superb business, thereby prompting more investments, thus the exaggerated price per share. The fact that the fashion tr blockades do not change all of a sudden was a good bet that the share value of Michal Kors would continue increasing, which made the purchase of these shares a good buy.At the prison term of the purchase, the value of Michael Kors shares was very low compared to how KORS had performed in February and a better part of March. This meant that somewhere around the end of March, the shares would start increasing again due to salary payments. The graph below clearly shows that my speculations were correct, since the share value of Michael Kors went up near the end of the month. On 1st April, I sold 15,000 shares to reduce my long position with Michael Kors at a share value of $94.69, making a profit of $37,490 and still remaining with 5000 share s as a Michal Kors long position. The graphs below depict the behavior of Michael Kors Holdings