Buying Questions for second company: RCL
1. -How did you decide the quantity (i.e. why did you purchase 5,000 shares instead of 10,000?)?
Since our game is being played for a restricted time, I thought that there was no point to try and save the 10mil $ I was given so every time i bought shares from a company i tried to invest as much as I could into as many shares as possible. This way when the company hopefully goes up I will make even more money on the few companies I invested in, with all the shares i bought.
2. What made you choose “x” (i.e. what do you know about that product?)?
As with ABB, I know from my father and other colleagues I have been able to as advice about companies to invest in, and from the research I have made, the RCL is a very sound investment. After the recent economical crisis, many companies found themselves in a down fall however many naval companies where able to take advantage of this and are now at their top. Since RCL produces large cruise ships i figured it would have to be a sound investment.
3. -Where is there an abundance of this products main resource and describe that areas political and social climate (i.e. does it come from Africa? Is it located in an area where there is political unrest?)?
A common material to build boats is aluminum which China was the major producer off in 2005 owning one-fifth of the world shares. They import ore which is a special type of rock containing a common metal that can be used for building. China is a developing country who’s economy is on a steady incline, and I believe that the importation of metals are helping them a lot on this climb.
4. Provide a graph showing the market history of stock “x” over the past 20 years (you can use excel for this) and provide a forecast for its future
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1267477200000&chddm=1173&chls=IntervalBasedLine&q=NYSE:RCL&ntsp=0
After the recent economical crisis naval companies have been making a steady profit, and with all
the new orders for ships I suppose will be made in the near future, I think that the numbers for this
company will go up at a steady pace.
