| Air Mauritius, STC, Offshore, le stimulus package du GM a-t-il toujours un sens? | | | | Modifier la taille du texte: | A | | | A | | |
|
| | Par:- La rédaction
On 16/01/2009 |
Air Mauritius, STC, Offshore, le stimulus package du GM a-t-il toujours un sens?
Partagez vos avis avec nous. | |
  |
|
|
|
|
|
| aubvalen | | | pays la diriger par ene chef invisible. scandale arriver li pa conne narien li passe dossier lot dimoune apres li dir pas moi sa li sa. pourtant li meme ine nomme sa ban dimoune incompetant. be moi mo dire chef invisible si pa kapave dirige ene pays BE LEVE PAQUET ALLER> | | | Arvin | | | Each time governments change,it seems that the change is only in form,because in substance they are basically all the same.Corruption,money-laundering and 'backing' seem to perpetuate whether such immoral acts are reported in the media or not.There was a time when mauritian citizens were not so much educated and as such politicians,even though practising dirty politics, were eulogised.But now,the situation has changed,mauritians ARE intelligent and they realise the lack of transparency of mauritian politics.It would be ironical then,if politicians ever ask themselves why mauritius is victim of so much brain-drain.Air Mauritius,STC and Offshore are surely only the tip of the iceberg. | | | IKE | | | AIR MAURITIUS: HEDGING DISASTER?
FACTS:
The average price of Fuel has remained under US $35 / Barrel, the last 50 years (1957 - 2007). During that period, there were a lot of peaks and high prices but these were mainly due to wars, pull & push demands, economic war turfs, etc. Nevertheless, the average price remained under that threshold. Therefore hedging @ US $105 is 3 folds above that historical average price. That's not price mitigation for 24 months? That's financial hazards, with such price volatility!
HEDGING:
It is not only risk management based on price mitigation. There must be a necessity or urgent need to do it. For example, a shortage in current and/or future supply of fuel. It must compliment the overall company's strategic objectives.
SENSITIVITY ANALYSIS:
This is a homework exercise or simple spreadsheet with different scenarios, demand (QTY) vs different assumptions' Prices. From this exercise table, one can evaluate and eliminate any catastrophic price hedging risks and the impact on liquidity.
Alas, they didn't plan to fail but failed to plan!
TOLERANCE FOR RISKS:
There is a colossal gap between: RISK APPETITE & RISK CAPACITY.
A word to the wise . . .
à bon entendeur, salut
| | | Daya | | | Quid du gaspiillage, rapport de l'audit du gouvernement qu'on oublie et delaisse au tiroir..!
Sak l'anner, mem zafaire, et on recommence a zero..! | | | Zapata | | | Au lieu Rama met tous bann coupable dehors li donne zott encore l'agent pour majaa karo. ça mem ki appel maladie ti poule ti cannard ki payé. Vivre la Republique de Maurice!!!!!! | |
|
|
|
|
|
|
|
|