Campbell R. Harvey's
Emerging Markets Corporate Finance
Case Presentations 2003
PTT: After the Tom-Yum-Kung Disease (the 1997 Asian Financial Crisis)
In November 2001, the Petroleum Authority of
Thailand (PTT), Thailand's only integrated gas company, became
privatized through the largest IPO in Thai history. Our team will
conduct a new valuation for the IPO and provide feeback on PTT's IPO
process.
- Sam Shin
- Piyaworn Chankanit
- Sunny Lo
- Jennifer Pawlowski
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Despegar.com: eStart-up in LATAM
The idea is develop the cash flows and discount rate to evaluate a dot.com
company start-up in Latin America. We are in Dec. 1999 when all the
calculations and evalautions are being made in order to be presented to the
first round of possible Venture Capitalists for funding the company with an
initial equity infution of $11m. The project, as it is going to be
described, will try to show the process of developing cash flows and
discount rate in an emerging region, to asses the different risks associated
with entering several countries in that region, and how those risks affect
the cash flows and the discount rate.
- Sergio Morales
- Santiago Bellasi
- Emilio Del Rio
- Nelson Dao
- Alexander Streubel
-
Group email
Letter to instructor briefly outline objectives of case (one page)
View PDF.
For instructor.
Case document. View PDF. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. View PDF. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. View PDF. Class presentation show.
Mexican Road Reprivatization: A new attempt to Attract
Private Investment to the Road Network
The case centers around the valuation of a 30-year consession to
operate and collect tolls of a package of three highways. These roads
are part of a group of 23 concessions that the government granted in
1994, but cancelled in 1997 after the Mexican crisis. The analysis
focuses of the determination of country risks and how the particular
structure of the project mitigates or increases these risks.
- Steve Smith
- Mary Rachide
- Luis Calzada Zubiria
- Alberto Gomez
- Isabelle Nino
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Overview presentation.
An Electricity Generation Plant for Cemex
On Feb 9, 1998, Cemex, one of the world's largest cement producers,
issued an RFP for the construction of an auto-generation electricity
plant in Mexico--this would allow them to lock in the price of
electricity over the next 20 years. Cemex relied on electricity as one
of their main inputs, and they already had access to cheap petroleum
coke which could be used by a new energy plant. How cheap could we, a
fictitious electricity generation company, sell power to Cemex while
still recovering all of our capital costs?
- Andrea Fernandez
- Jason Haight
- Michael Philipse
- Douglas Rodriguez
- Cesar Villasenor
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or students.
Shanghai Disneyland
Given competitor Universal Vivendi's current plans to build a theme park for less than $100 Million in Shanghai around 2006, Disney's entry into China's mainland has been a source of speculation. The main issues surrounding a Shanghai capital investment include financial potential of a new theme park and the potential qualitative and quantitative risks involved.
- Tera Ferguson
- Kristy Harris
- Scott Yancey
- Wenny Tung
- Jose Guerrero
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Supplementary references information For instructor or students.
Investing in Air-India
Analyzing an investment opportunity in the divestiture / privatization
of Air-India. The project tries to address the emergence of
privatization in the country, assess the potential political, operating,
financial and other risks of investing in the country in general, and
the project in particular.
- Ashish Parikh
- Pallav Jain
- Nikolay Nazarov
- Manavendra Sial
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary exhibits. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Acquisition of large forestry planations in South Africa
This case deals with a bid for the acquisition of a state-owned company
being disinvested by the Government of the Republic of South Africa.
Taken from the point of an Indian company that was selected as one of
the three preferred bidders, the purpose of this case is to determine an
appropriate valuation and bid for the forestry plantation company, after
taking into account the risks associated with investing in South Africa.
- Aditya Agarwal
- Siddharth Bafna
- Ozlem Tanik
- John Maniatis
- Alok Gupta
-
Group email
Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Class of 2003 email