Morrisons PLC Essay Example | Topics and Well Written Essays - 2500 words

Morrisons PLC - Essay Example specially during a period where intense competition and rising prices of doing business in grocery have squeezed profit margins available to retailers. Morrisons has recently experienced losses as it has struggled to integrate the Safeway chain of stores into its own retail base, which has caused its annual profits to drop substantially. Its shares plunged 3% in 2005, to recover somewhat by the end of the year and close off at 183 p or a 2% plunge of 3.75 pence.(Flanagan, 2005). As opposed to the predictions of financial analysts of an income of around 225 million pounds, it only posted profits of around 134.2 million pounds before taxation, with an earnings per share of 3 pounds and 52 pence.(www.morrisons.co.uk, 2006/7). In 2006 however, the position has improved for the 52 weeks that ended January 29, 2006, as per the revised income statement that has recently been published by Morrisons.(www.morrisons.co.uk, 2007). While the losses before taxation were reported as 312.9 million pounds, the same figure shoots upward to 374.4 million pounds when taking into account the Safeway conversion costs. However, the adjusted income before taxation is 61.5 million pounds profit, with net profit after taxes being 45.9 million pounds. However, as pointed out above, the earnings per share of the Company have dropped to 3.52 pounds per share in 2006. The current share prices of Morrison stock is in the range of 250 to 260 pence and has been moving within this range to about 350 pence, which is an average of about 3 pounds per share. The price to earnings ratio is therefore 3 /3.5 = 0.87, which provides an indication that the stock may be overpriced as compared to the returns that are being generated from it. Earnings on stocks are not substantial either, and the high price to earnings ratio provides an indication that that investors may not be actively pursuing purchase of this stock because of their perception that it does not offer very high potential for gain and is in

Proposal to use mobile application health to help or support Research

To use mobile application health to help or support disability patients in Saudi Arabia. Or how to use technology to help or support disability patients in saudi arabia - Research Proposal Example 89). These developments on the other hand require government interventions so as to be legally implemented and supported. Trying to determine how many people are disabled can be difficult because it is problematic to determine the level of disability as the means of data collection and the definition varies from country to country. Disability is a key problem for the Saudi Arabian healthcare area. Information concerning the cases and frequency of impairment, disability, and socio-demographic features of persons with disabilities are rare and inadequate since the real weight of disability is also mis-calculated. Guidelines and regulations have reinforced the equivalent privileges and rights of disabled individuals, but fruitless application of these regulations has resulted to a gap amongst the proposed goals and the real services provision. Evidently, more examination is required to plot for applicable management platforms, effective employment of basic inhibition strategies, and correct distribution of health facilities in this region. There are applications that have been made to carter for people wi th disabilities, for instance, Prologue2Go, which is a text-to-speech application that helps people with speech disabilities. Enabling disabled people to download applications to smartphones or tablet PCs means having smaller and convenient equipment to store much of what you require than having many pieces of a stand-alone-equipment (Mitchell, 2012, p. 9). This makes it more effective, efficient and, cheaper for people with disabilities to perform various tasks. Mobile technology can also help to remove the stigma in these challenged persons. Before the introduction of smart phones, disabled persons used a lot of instruments to help them in seeing. To achieve this, they needed to carry a magnifier, a money recognition device and a screen