Medium Term Notes for Trading by Matthew Roddan

Medium term notes are used to raise working capital and to improve a company’s balance sheet. Private trading programs are quite popular and banking instruments are popular trading tools. Private trading programs are an investment generating option for individuals and corporates alike, though not many have adequate funds to gain entry into such programs. On the other hand, MTNs could be acquired for larger values at discount and then used in private placement programs, says Matthew Roddan of Project Ninety Nine.

Why are MTNs in demand for PPP or Private Placement Programs as they’re called? MTNs have been around since late nineties, with amounts as less as $10 – a billion, with the current highest values crossing $75 billions! There are more than 6500 private trade programs and even big corporations like Harley Davidson, Sony Capital and LG have offered MTNs collateralizing their assets for development or expansion.

Individual investors, hedge funds and portfolio managers prefer private trading programs and play by the rules, where most of their funds are invested in one or more variants of private trading programs, says Matthew Roddan of Project Ninety Nine.  However not many individuals have large sums and many investors are lured by middlemen who take advantage of their ignorance and exploit them into giving up their funds for nothing using fraud or scams. On the other hand, there are real platforms like Project Ninety Nine where investors can pool their funds and get placed in a genuine private placement program and earn profits, which is otherwise impossible when done individually.

MTNs come in handy as they can be purchased for a discount, so one can get an instrument worth 100 million for 10 million or less. Then, it could be invested in PPPs for the duration (medium term) the instrument is valid (1 – 99 years).  As for firms, PPPs are a way to improve their financial credentials and raise capital. Without MTNs many wouldn’t have a shot at these programs, owing to the high investment required. MTNs are a way to invest in PPPs, though not many know how they work.

It is important to understand that MTN buyers do have rights and should request for POF before buying the instrument. If a potential seller refuses or show POF (Proof of Funds), stay clear from them. Remember MT103/23, MT799/999, MT760, etc. are a type of POFs and there’s no way they can avoid showing the POF.

Do you know as a buyer you have a right to see CUSIP / ISIN of the instrument you are buying?

In most cases, you are talking to a broker or middleman who claims to be a seller’s mandate, but you must understand there could be more than just this person and it could be a long chain before the direct seller or buyer is connected. Always ask how many people are involved before proceeding.

No trading platforms communicate with the end party before requirements are met and anyone claiming otherwise is not to be trusted.

While PPPs or Private Trading Programs or Private Placement Programs are real, it is important to identify the right contacts and resources to get through and make money through these programs. Of you wish to avoid fraud and scams tread carefully.

By Matthew Roddan

Discounted Cash Flow by Matthew Roddan

When a company’s financials are scrutinized, metrics used to evaluate the same are important. According to Wall Street, a company’s cash flow is the best indicator for a company’s performance. As such, DCF or discounted cash flow analysis is used to determine a company’s worth by estimating future cash flows.

Projected cash flows (operating profit + depreciation + amortization of goodwill - capital expenses - cash taxes - alteration in working capital) are discounted to current value using company’s weighted average costs. In short, DCF is an effective and unparalleled tool for determining share value, which is important for investors.

Also, a few financial scandals only hiked the importance of DCF. With more concerns about reliability of earnings and calculation of P/E or cash flow determination, coming up with a DCF model calls for more efforts than merely dividing share price by income or sales. However, taking this effort ensures investors get a good idea of the key factors like share value, projection of future income or profits, growth ratio, etc. Besides, DCF can’t be manipulated through aggressive accounting practices easily.

While DCF is a very useful tool, it isn’t without shortcomings. It is a mechanical valuation tool that works akin to garbage in, garbage out saying. So, any minor change or change in assumptions could lead to major differences. But, investors should always crosscheck evaluations and allow considerable margin for such changes or errors, when taking decisions. Major investment decisions should not be taken purely relying on DCF calculations alone. What if a client backs off from a contract, or what if interest rates hike unexpectedly or even a competitor cropping up with crushing prices and the firm losing most business? Remember, when expectations change, calculations or derivations based on the assumptions will change along with it! Do you know even reputed investor Warren Buffet and other financial experts and portfolio managers rely on DCF?

Discounting cash flow is tricky and it is important to remember that assuming or predicting future estimates could be meaningful or meaningless depending on the estimates taken and how reasonable they are. Besides, numbers aren’t static and keep changing with changing trends. As for investors, evaluating stock pricing is very important and DCF is a handy aid for calculating the same, says Matthew Roddan of Project Ninety Nine. Do you know stock market speculations are based on DCF? Whether it is acquiring a business, or a property, or investing on stock, DCF helps with speculating approximately.

Matthew Roddan

Is Money Important? By Matthew Roddan

We’ve all heard the saying “Money can’t buy happiness” several times. Funny how most of our problems are related to money or created by money! Can we really ignore money? Money is a means of exchange and a very essential commodity. Without money there’s nothing one can do today – home, education, food, medical assistance and what not, everything boils down to money.

Right from the time a life is brought into the earth, everything revolves around money. While money is not everything, is does play a key role in our lives and one can never do without it. That aside, what about businesses? Can businesses be commenced or run without money? There’s always a pursuit for money and there’s no denying the fact that enough money can bring one a secured feeling. That’s one reason why many prefer starting their own business, says Matthew Roddan of Project Ninety Nine.

With tumbling economy, many lost their jobs and were left in lurch and succumbed to not being able to manage the change or uncertainty. Even established individuals who had a career for years couldn’t take the hit and look for new opportunities, if at all there were any! By having a business, one can control their destiny and not leave it at the mercy of others – this is one reason that pushes many to start their own business.

It is one reason why many who don’t have the resources for starting a business, look for potential investors or crowd funding to start their dream and take reigns of their future. When potential entrepreneurs have profitable proposals, investors or sponsors are interested in taking the plunge, provided they’re briefed on the possibilities adequately. Matthew Roddanof Project Ninety Nine says that’s one reason why project proposals should be prepared along with financials and statistics to show potential investors. Being prepared is the key to getting funding and Project Ninety Nine brings potential entrepreneurs and investors to discuss on options and take up profitable and potential ventures.

Unlike other sites, this is a real platform where investors discuss and share knowledge and projects that catch their attention are given a thought, analyzed and the site intervenes to come up with a mutually beneficial proposal. In other words, the site stays though the ride and ensures both parties’ interests are taken care of. Handling finances the right way ensures one gets to live comfortably, secure one’s future and what not. Money is a means to an end – one’s security, which influences one’s happiness, freedom and quality of life.

Matthew Roddan

Discounted Cash Flow ~ An Overview

DCF short for discounted cash flow analysis is a way to evaluate a company, project or assets. Cash flows for the future are assumed and discounted considering cost of capital to get the current values. Sum of future cash flows outgoing or incoming is net present value (NPV) that’s taken as price or value of cash flows. Discounted cash flow analysis is used to determine the worth of an investment in simplified terms. It is used in real estate development, investment finance, patent evaluation and corporate financial management.

As Matthew Roddan from Project Ninety Nine says, understanding the probability of risk and profits is very important in an investment decision. Investment decisions are made for profits and understanding what one can expect is very important to determine the suitability of an investment. Exponential discounting is the most common method deployed for discounting, to evaluate future cash flows answering the question – what would be the returns for an investment at a specific rate of return, as against cash flow expected in the future? Hyperbolic discounting is another method, though not deployed widely. Discount rate is the right weighted average cost of capital (WACC) and it reflects cash flow risks.

Discounted cash flow analysis is important for any investor to determine if or not an investment decision is suitable. Let’s look at it this way – consider the investment as a business or a company. DCF is a way to determine a company worth currently, based on calculations for the future. Though this is a useful method, it does have hiccups. Being a mechanical evaluation tool, it is bond by a principle and even simple changes in one value could result in major changes in value. So, instead of determining values for infinity a cap is used – say 10 years. This way, estimation becomes measurable.

Besides, Discounted Cash Flow is a method that uses intrinsic valuation for companies that have predictable flow of cash. It is used for companies that have been around for a while, though it is also used for IT companies that are expected to grow swiftly. This means, when a start-up or developing firm is evaluated, the results could go right or horribly wrong! As an investor, you must be able to weigh your options and prepare for both, says Matthew Roddan of Project Ninety Nine. This way or that, evaluating an investment is important for any investor and determining the right investments is done based on calculations that are probabilities and possibilities, not a definitive. The calculated risk should be something you would be able to manage, irrespective of whether it turns our favorable or not! 

Dubai International Financial Centre By Matthew Roddan

The Dubai International Financial Centre also called DIFC is located in Emirate of Dubai and is a federal financial free zone in United Arab Emirates. Established in 2004 through a decree, DIFC is a sprawling 110 acres. Legal systems and courts are different from UAE, with a jurisdiction over commercial, corporate, employment, trusts, civil and securities law affairs. The main aim of DIFC is to offer a platform for financial and business institutions to enter in or out of emerging marks in the region and to create an ambiance for progress, growth and economic development in UAE by offering adequate infrastructure and legal backing on par with international standards.

Under the constitution of UAE, DIFC is independent judicially with commercial and civil laws different from that of UAE. DIFC laws are in English to avoid ambiguity and DIFC has courts and judges from jurisdictions with common law like Singapore, England and Hong Kong. Though DIFC has independent laws, the immigration rules and criminal law is the same as UAE. DIFC-LCIA Arbitration Centre is modeled after London Court of International Arbitration. DIFC Authority is the main governing body for DIFC and DFSA (Dubai Financial Services Authority) regulate financial services in DIFC, though it is different from UAE federal Securities and Commodities Authority that governs outside of DIFC.

Financial institutions can submit applications for a license and they’re benefitted from the 0% tax for income and profits, no limitations on Forex or profit/capital repatriation, 100% foreign ownership, business continuity and operational support amenities. Dubai International Financial Exchange is a privately owned financial exchange for DIFC and was listed as DIFX and rebranded as NASDAQ Dubai in 2008. DFSA regulates NASDAQ Dubai.

Dubai International Financial Centre Complex houses a hotel, Ritz Carlton that was opened in 2011. Dubai International Financial Centre also houses art galleries, restaurants and an array of outlets for shopping extravaganza. The Dubai shopping season has garnered acclaim worldwide and the number of tourists visiting during this season shoots through the sky. Many entrepreneurs would like to have a business established in DIFC and it isn’t surprising considering the perks and profits businesses get here. Matthew Roddan of Project Ninety Nine would recommend suitable and innovative project launch here, when an able leader is helming it.

The location of a business is very important and DIFC is one location businesses should consider. Not just for expansions, even new launches that are good would sure thrive and flourish here. There’s a reason why it is called Financial Centre and you must try it, to believe it.

By Matthew Roddan

Matthew Roddan

Matthew Roddan is the founder of Project 99 an innovative and new approach to project funding, providing funding solutions to projects throughout the world.

Matthew now offers only distinct consultancy services on a referral only basis. This work includes four major elements starting with forming private equity and similar entities; working on transactions for such funds; working on a wide array of cross-border joint ventures involving emerging markets and ending with working on various infrastructure projects in emerging markets which includes a wide range of credit & capital raise real estate based projects.

His works as a representative includes setting up a collective investment scheme investing in offline agreements for the purchase of gold in Africa, Central and Eastern Europe, southeastern Europe and African areas.

He has also represented many private companies in making various investments in developments that include financing and restructuring of investments, establishing joint ventures connected to construction, real estate, financial and franchise projects in Africa, central & South America, South Asia and the Middle East regions.

Dealing with high net worth individuals in debt finance programs and advising on their risk or reward structure is another area of work as a representative.

Matthews work with Project99 involves the establishment of banking facilities for clients in jurisdictions such as Singapore, Dubai and Liechtenstein. Clients funds remain under their control at all times whilst also being able to leverage the funds for use in managed buy sell programs. The nature of the funding mechanisms offered require specialist knowledge and understanding of the the sale and purchase of bank debt.

New Software Improving the Efficiency of Geotechnical Engineers

I'm certain that you would need to verify that each part of your geotechnical designing business is running as it ought to. This is genuine, paying little respect to whether you're a huge organization that utilizes several individuals and works with numerous builders or on the off chance that you are a little organization that simply needs to organize your endeavors to build productivity. In both of these cases, utilizing the privilege geotechnical programming can advantage you from numerous points of view, sparing you both time and cash simultaneously. What are a portion of the things that ought to be searched for when picking this kind of programming arrangements?

One of the troublesome things that numerous geotechnical designing organizations have run into in the past is that it was hard to facilitate their endeavors from such remote ranges that they were working. By and large, there were numerous calls that expected to be produced using pay telephones that were in the territory, alongside extensive postponements that would make it exceptionally hard to finish the undertaking. Actually arranging things generally, between the different divisions that were dealing with the work that was being carried out frequently prompted a few challenges that may have appeared outlandish.

In the previous decade or somewhere in the vicinity, on the other hand, it has gotten to be progressively workable for individuals to associate utilizing the Internet and to organize their endeavors so these postponements and challenges were minimized. This is additionally valid in the geotechnical building industry, as now it is conceivable to transfer data from the field, have it broke down by different divisions and after that to send data pull out into the field with an insignificant measure of postponements and exertion. This prompts expanded effectiveness, and on the off chance that you are not working in such a path in today's business sector, you may experience issues contending with the individuals who are.

This has turned out to be important in numerous sorts of development testing procedures that may occur all the time. Case in point, testing different sorts of development materials, including solid is not something that could be possible physically any more.software testing engineer  The data must be accessible rapidly, as a whole employment site can be closed down until the data is accessible.

You have a few distinctive alternatives that are accessible to you on the off chance that you are searching for a product answer for your geotechnical designing organization. In either case, you are going to need to have the capacity to work "in the cloud", getting to the data on either end of the remote programming arrangement as opposed to having something that is going to run freely in every area. This can either be carried out by utilizing programming which is given by an outsider, or you can frequently gain that product for yourself and introduce it on your servers. In either case, it will be an extremely advantageous route for you to have the capacity to work your organization and to facilitate it with any piece of your business to verify that it is running easily at all times.

Which Software Testing Company is good?

A key territory to concentrate on when considering a product testing organization is its product analyzers. Today there exists two well known certificates, ISEB and ISTQB. Attempt and guarantee that the product analyzers in any event hold these accreditations at establishment level. An alternate element as to programming analyzers is the measure of experience they have. Numerous programming testing organizations express that there analyzers have five years I.T. experience. Anyhow finding for some hidden meaning, this essentially implies that they have five years encounter anyplace in the field of Information Technology. You ought to truly ask the product testing organization, how long proficient programming testing knowledge they really have.

Numerous programming testing organizations offer an extensive variety of programming testing administrations. Alert ought to be utilized however, as a hefty portion of these organizations will publicize these administrations yet may not so much have the mastery to perform them. The sorts of programming testing administrations that any expert organization ought to offer is:

Experiment Creation

This extremely famous administration normally includes making nitty gritty experiments that not just can be utilized on the undertaking under test, additionally because of their high caliber can be re-utilized on future activities and structure a top notch test documentation resource. Great analyzers will collect all obliged data important to deliver the experiments, commonly from configuration documentation, necessities and engineer meeting. Once the data has been investigated a product analyzer will make a complex exceed expectations spreadsheet which incorporates experiments, results sheets, environment setup and rendition points of interest and so forth. Customers are included in every phase of experiment improvement as an experiment audit process.

Utilitarian Testing

Commonplace programming items today incorporate a lot of basic usefulness and complex gimmicks, added to this huge time weights to get the item discharged make utilitarian testing a standout amongst the most critical phase of any product improvement. A product analyzer's manual utilitarian testing strategies have been turned out to be very successful at basically figuring out if or not the usefulness really lives up to expectations, or not. Flexible programming analyzers can work from their own particular made experiments or utilize any prior experiments you might as of now have. Great programming analyzers promptly utilize impromptu procedures when executing any tests to grow the test scope. The point amid practical testing is to highlight any issues as right on time as could reasonably be expected so the designers can resolve it. This can clearly adequately decrease the advancement expenses to your organization.

Convenience Testing

Keeping in mind the end goal to guarantee your product addresses the issues of the end client; Usability Testing can be utilized. Will convenience testing recognize blunders, as well as distinguish navigational issues, dialect issues, work process experience and so on. Great programming analyzers place themselves into the outlook of the end client and will investigate the 'look & feel' of the product under test. Great programming analyzers frequently fabricate a set of experiments based upon genuine end client situations or business cases to guarantee the product is tried in a comparative manner to how the genuine end clients will really utilize the product. This sort of programming testing has been demonstrated to build the ROI of programming improvements by improving the end client encounter and subsequently conceivably expanding item deals. As ease of use testing is attempting to guarantee that the end client experience is admired, we perform this kind of testing physically.

Relapse Testing

Relapse testing is shockingly regularly ignored range of programming testing. This is frequently because of the supposition that when new usefulness is working accurately then the product is prepared for discharge. Be that as it may, as a rule, extra issues have been presented that influence existing usefulness. Programming analyzers have the information and experience to recognize existing experiments that are suitable for relapse. Relapse experiments are normally utilitarian experiments that are reused at normal interims all through the product improvement to guarantee that the normal results stay steady, along these lines giving certainty that nothing has been unfavorably influenced by change.

Acknowledgement Testing

Acknowledgement testing is regularly determined by the end client or client. Acknowledgement experiments are typically executed by the client before tolerating the item. At the same time regularly, these experiments are likewise given to the product designers to guarantee their item meets the level of acknowledgement before the end of improvement. Programming analyzers can perform execution of these experiments to highlight any issues to the improvement group as right on time as could reasonably be expected. Programming analyzers can likewise infer expected acknowledgement experiments from client prerequisites for you. On a littler scale our product analyzers can likewise infer smoke tests to go about as a type of acknowledgement tests amid phases of the product improvement life cycle.

Framework Testing

Framework testing of programming is trying led on a complete, coordinated framework to assess the framework's agreeability with its indicated necessities. Great programming analyzers treat System testing as an investigatory testing stage, where the center is to have very nearly a dangerous disposition and will plan to test the outline, as well as the conduct and even the accepted desires of the client. Programming analyzers will It is additionally test up to and past the limits characterized in the product necessities detail. This is test that if a disappointment happens, that it is taken care of effectively by the product with as meager effect on the client as could be expected under the circumstances.

Exploratory Testing

Ordinarily, while the product is being tried, a great programming analyzer learns things that together with experience and imagination produces new great experiments to run. Great programming analyzers consider exploratory testing to be a methodology that can be connected to any test system, at any stage in the advancement process. Programming analyzers embrace the exploratory methodology amid all phases of testing. On the other hand, numerous programming test groups utilize the exploratory testing methodology amid the last phases of an advancement just to permit a product analyzers to meander openly all through the product concentrating on zones of usefulness that the product analyzer has a 'gut feel' where there may be issues. This methodology can frequently identify deformities that have already not been considered in other 'more formal' regions of programming testing.

Establishment Testing

Establishment testing is a kind of programming testing that spotlights on what clients will need to do to introduce and set up the new programming effectively. The testing procedure may include full, fractional or updates introduce/uninstall forms. Software testing Great programming analyzers will regularly perform establishment testing when an incorporated adaptation of code has arrived at the last phases of testing or preproduction environment, from which it might advance into last creation. By the utilization of virtual machines, programming analyzers can duplicate various working frameworks and situations to completely test establishment of programming.

Hitachi magic wand massager and its uses

Hitachi magic wand vibrator, also known as the Hitachi magic wand massager is a device that has been appreciated by a number of people around the world. A large mass of people have been buying these vibrators for the past 30 years. There are a number of advantages associated with the Hitachi magic wand vibrator.

The price is not exorbitant and once you invest in it, you can use the device for at least 6-7 years. Proper handling further lengthens the life of the device

The magic wand massager or Hitachi magic wand vibrator helps soothes the body muscles and eliminates pains in the back, neck and the shoulders. The vibrations cause the regeneration of dead tissues and also stimulate the growth of body tissues.

The vibration speed can be adjusted to a low speed of 5,000 rpm and a high speed of 6,000 rpm

The device is easy to use and can be used on body parts that are hard to reach. The long handle and the flexible head reach those body parts that are not easily accessible to hands. The head is 2.5 inches in diameter and the handle is 9 inches long.

The magic wand vibrator is widely used as a sex toy. When the head is placed against the genitals and the erogenous zones in the human body, the vibration causes stimulation of sensitive tissues thus sexually arousing a person. Women enjoy increased and more orgasms during sexual intercourse while men enjoy elongated erection periods. The vibrator has enhanced effects in women and clitoral stimulation in them.

Old people can use this device to decrease the pain intensity in the concerned body parts. The use of the vibrator against the body parts improves blood circulation because of the vibrations produced by the device.

The magic wand vibrators are easily available in the stores and can also be ordered online on various sites on the internet.

These vibrators are extremely portable and can be carried around without much difficulty.

Hitachi magic wand vibrators have been on the block for a long time now and the sales of these vibrators have doubled in the last 2 years. The vibrator is being used by people of all ages as per their requirements. The massager saves you the time of going to a masseur and getting a massage every weekend. You can sit back and use the massager on your own.

There are various attachments that can be used with the magic wand vibrator. G-spotter and the wonder wand attachments are the two most popular attachments that can be used in conjunction with the device. The cord of the device is as long as 6 feet and hence can be easily plugged in to a wall socket.

All in all the Hitachi magic wand vibrator forms a perfect product for people who are looking to get rid of body pains that haunt them often and people who are looking to enhance arousal and genital sensitivity.