Beta of Equity and Efficient Market of PT Gowa Makassar Tourism Development,Tbk.

Summary from our analysis of PT Gowa Makassar Tourism Development,Tbk.

After we calculate and we got beta from Gowa Makassar Tourism Development, Tbk. that is 0.040393562. It means, the stock of the company is defensive stock. The beta of defensive is less than 1. Defensive stock means, the stocks are not very sensitive to the market fluctuation. It happened because the movement of Ri is less than the movement of Rm. So, if we invest in Gowa Makassar Tourism Development, Tbk.  we can’t get the high return but we got low risk.  

The Impact of Dividend Payment to Stock Return

From the calculation of t-test, we can see that the t-stat is -0.5553 and the t-critical is 1.8331. The t-stat is less than the t-critical so the stock return of PT. Gowa Makassar Tourism Development, Tbk is not affected by the dividend payment.

From the analysis we can see the stock of the company is defensive stock, because the beta is less than 1. So, if we invest in Gowa Makassar Tourism Development, Tbk. We can't get high return low but we got low risk. The t-test is less than the t-critical, so the stock return of Gowa Makassar Tourism Development,Tbk. is not affected by dividend payment.

Profile Of The Group

We have been together for almost two years and we feel comfortable working with each other hence we have a good coordination.

Tania: She is clever. Every time we need to do something she will give a good suggestion. She also has the brilliant answer during the presentation but she can't explain bravely to the audience. She gives a good direction for us, thus direction includes not only telling people what to do but helping each other to achieve our goal (finish our task well).

Ajeng: She always make everything easier than it seems. It makes the group members will feel relax and not feeling worry or stress. Even though she makes everything easier, she always feel responsible and do the task seriously, and try everything she can to finish the task.

Ricky: He is very smart on giving oral explanation in front of the audience. He has a lot of brilliant ideas. He is clever. He is smart. There is one thing that he don't like, working on details (making paper or making power point slide). 

Pang-Pang: He is very helpful. Whenever we need help, he always there to help us. He always try his best to do the task.

From explanation above, we can see that there is a cycle. We have a one thought that we want to do our best, not only merely work well enough to get by therefore, we complete each other weaknesses.

Profile Of The Group Members

GROUP MEMBERS

Name: Kristania Novevara Putri
Nickname: Tania

Date of birth: November 29th, 1995

Std. Number: 131220391

Batch: 2013

High School: Stella Duce 1 Senior High School
Hobby: Reading books, listening to music, watching movies
Email: tanianovevara@yahoo.com

Name: Rahajeng Ayu Anindita
Nickname: Ajeng

Date of birth: November 11th, 1995

Std. Number: 131220195

Batch: 2013

High School: Bopkri 1 Senior High School
Hobby: Cooking
Email: regina.rahajeng@yahoo.com

Name: Cornelius Ricky Madewa
Nickname: Ricky

Date of birth: March 6th, 1995

Std. Number: 131220546

Batch: 2013

High School: John De Britto Senior High School
Hobby: Reading books
Email: rickymadewa@yahoo.co.id

Name: Pangestu Putera Gunarta
Nickname: Pang-Pang

Date of birth: February 25th, 1995
Std. Number: 131220848

Batch: 2013

High School: John De Britto Senior High School
Hobby: Travelling
Email: pangestuputera@gmail.com

The Meaning Of The Group Name

The definition:

A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.

Bond is interesting debt. Beside we can buy this bond from the company who sell it, we also can sell this bond to someone else.

The Reason Of Choosing The Group Name

We choose term "Bond" to our group because it's easy to remember and also it's a cool name like 007 agent James Bond.

FYI, a-licence-to-debt is spoof name of James Bond film, that is Licence to Kill on 1989.