Author Archives: Fab T

CeMAP questions from our Virtual Learning Zone (Part 6)

Every month we go through our CeMAP forums at http://www.cemap123.co.uk   and  http://www.futuretrend.org.uk/vle/  to see what interesting queries have been dziners-org-discussionposted.  Students have access to this  as part of their CeMAP Training programme. This is not only a fantastic resource for  post classroom or distance learning CeMAP study but also provides a whole years access to an eco-system of like-minded folk. and if a tutor is too busy (as was the case with the query below…both CeMAP tutors David and Malik were teaching at the time); what you will find is that there are always other students ready to help;

This months CeMAP query comes from Richard currently studying CeMAP 2.

Richards’s Question:

Morning all,

May be I’m being a bit thick here (!!) But I need help understanding the below please.

I need assistance with the deed of postponement, relating to second charges. In the notes it states:-

To set aside a 2nd mortgage, the original lender requires a deed of postponement that MUST be executed. The D.O.P will postpone the 2nd charge, and make it possible for the original lender to “Tack” a subsequent mortgage (third charge) to an original one.

Errm, can someone help my brain comprehend this please?

Thanks,
Richard

James recently completed his CeMAP Fast Track training with us and came to Richards rescue.

James’s answer:

Hi there,

It’s all to do with the order that payments will be allocated in the event of a repossession, the first charge (original mortgage) will be paid first, then the second charge, and if there’s a shortfall then the second charge lender is at more risk of losing their money than the first charge lender.

If the original lender wishes to increase their lending, that will be added to the original loan, and will be repaid in the event of a repossession before the second charge lender receives their money, so they would need a deed of postponement from the second charge lender to make sure that they agree to that happening, if they believe that it would be too much of a risk then they won’t agree to it.

An example:

Original mortgage is £100,000, there’s a second charge loan for £25,000, totalling £125,000 borrowing secured on a £200,000 property.

The customer approaches their first charge lender to borrow an additional £50,000, this would take the total borrowing to £175,000, the original lender can be pretty confident that their £150,000 can be repaid if the house is repossessed, but if property values drop and the house can only be sold for £160,000 then the original lender will have received their money back, but the second charge lender will have lost £15,000. 

The deed of postponement gives the second charge lender the chance to refuse to allow the additional borrowing to be tacked on to the loan that will be repaid before they are able to reclaim their money.

Hope that helps,
Give me a shout if you need any more clarification.

New Work Experience Cohort for Business Analysts and Software Testers Launched

Here’s a chance for aspiring Business Analysts and Software Testers to get stuck into some real online meeting of BA's and QA'slive work experience!

BA Wireframes
The most recent project which started on February 6th has been extended due to additional requirements. The project involved building an e-commerce platform where Corporates, Individuals, and families can interact digitally with professional,  certified Interior designers to create custom concepts with a view to obtaining bespoke design solutions for their home or office.

 

The Project also includes the build of  a module which will include assigning of Designers, sharing concepts, User interaction, choosing designer packages etc

Business analyst use cases

We are now inviting additional aspiring Business Analysts, Project Coordinators, Software Testers to join the team and get a feel for working on a  live application with various modules being built.

There is huge scope for team members to develop  a wide range of skills being involved in a project like this ( FRD, BRD, SCope doc, UC, USer stories, UML, RTM, Change mgmt, Project backlog
Test Plan, Test cases, Test reports, Defect management etc)…and get valuable work references as well.

We are now taking registrations from aspiring Business Analysts and Quality Assurance Analysts (Software Testers) for this programme. If you want to be part of this exciting team please sign up before May 2nd 2017.

Remember, there is no need to visit our training centre to participate as everything is done online. As long as you have access to the internet and time available in the evenings to attend meetings then you will be just fine.the testers use Jira for defect tracking

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

The UK Stock Market this week (for those learning about stocks and shares)

The FTSE was slightly down yesterday, closing at 7338.99 (-0.15%)

The west’s leading economic think-tank (OECD) has raised its outlook for the UK this year. The pairs based organisation has predicted the UK economy will grow by 1.6% this year. The forecast has increased from the 1.2% predicted in November 2016. The increase growth percentage is a positive for the Share Market
Research has shown that the most successful investors are those that invest for the long term. Not everybody is going to be like Warren Buffet – the world’s greatest investor; a leaf that should be taken out of his book is that he is a long-term investor.
As we know, we have traders and investors, and I believe a person’s temperament would determine if a person would be an investor or trader or even both.
For people that don’t like to be stressed out, trading should be something that they think about twice . I don’t think trading is the best route for creative people, I would say medium to long term investing, is a better option.
The reason is simple, stress dissipates energy, and energy is needed to be creative. A long term investor would follow the market, research on opportunities and take action, such an individual, would have a long-term mind-set when picking opportunities and making decisions.
Talking about long-term investments, I saw some interesting news today about a company called Just Eat, it’s on the FSTE 250 index, and it is the second best performer, it is currently trading at 545.50 pence up by 5%.
Just Eat are online takeaway delivery, and as we all know, food is something that people can’t do without,  This factor alone could indicate that it could have good long-term prospects. Obviously, other factors have to must be taken into consideration such as competition, but looking at it logically, it should be on people watch list.

It’s pre-tax profit in 2016, more than double by 163.8%, from £34.6 million in 2015 to £ 91.3 million in 2016. Just Eat are based in the UK, and also have an international market, and there is strong growth in both markets.

So do your research, – fundamental analysis, have a look at the appropriate ratios such as Net profit margins, Price to book value, Long-term debt ratio, etc., Then have a look at the Charts to guide you in the right timing in stepping into the market if you so desire. Try to be patient if the stock/share trading in an old bought territory.

Also in the Financial news is General Motors Europe makers of Vauxhall and Opel are being sold to the company that owns Peugeot and Citroen, for £1.9bn.
Vauxhall and Opel have not made a profit since 1999, so it makes sense in a way, that what they have been doing is not working, and they have finally come to that realisation.
Let’s hope that current employees wouldn’t lose out on this new takeover. Peugeot’s chief executive Carlos Tavares has promised not to shut any Opel and Vauxhall plants after the brand’s acquisition.

Until Next time, keep Believing, Keep Hoping & Keep Loving

Peace Daniel

We offer monthly classes on Stocks, Shares and investments for beginners and advance classes.  To learn how to start investing in the market or take control of your financial destiny enroll on one of our courses or  read more about our stock market training hereshares_training_ad

Daniel Joseph MBA. See Daniel’s Bio here

Futuretrend Training Academy
Financial Training Department.

Get Solid Business Analysis Training and earn £350+ per day

and this is some feedback from those that have taken the plunge just recently…

Classes held monthly visit http://www.careertesters.com/businessanalysis.html or call us on 02084432888

Futuretrend students are crushing CeMAP!

Some inspiring feedback and  excellent results from  some students on David Airs Weekday Fast Track CeMAP classes.

I attended the CeMAP 2 and 3 course of recently and just wanted to thank you as I passed CeMAP 2 and 3 just before Christmas.  CeMAP 2 I achieved merit on the first module and then 3 distinctions on the remainder and I achieved merit on CeMAP 3.

I feel that I would not have achieved this without your course so thank you for your excellent training. Now the even harder part for me as I just need to find myself a job now!!

Helen

Hi David

I did the CeMAP 1 today and was absolutely gobsmacked to discover that I got distinction for both units – I thought I’d done okay on the 1st unit and was hoping to scrape a pass on the 2nd, so am absolutely delighted – it must be down to excellent tutoring! Let’s hope 2&3 go well too.

Thanks again for a great course and for your patience.

Best regards
Sue

Well done both of you and thank you for the kind words. It’s always great to see candidates shaping their careers by staying focused and working hard.
For information about our CeMAP Training please visit www.cemap123.co.uk or call us on 020 8443 2888.

New Work Experience and Mentoring Project for Business Analysts and Software Testers

We are currently rounding up our Project which started  in November. This project covered the building of  a software application for a client who is a health/protein food (raw material) manufacturer. The raw material  is sold to companies where it undergoes processing and dilution.  The software application would cater to the needs of the client’s employees who work in the areas of manufacturing, merchandising, logistics and others.. It was quite demanding for the Business Analysts and Software Testers who had to utilise their skills to the fullest as it was a complex application. The students  and their Project Manager (Chetan) have worked very hard on this and  a lot has been learnt. We’re now looking forward to a new project which will kick off on February 6th 2017.

Project Charter

The new project  involves building an e-commerce platform where Corporates, Individuals, and families can interact digitally with Professional & certified Interior designers to create custom concepts with a view to obtaining bespoke design solutions for their home or office. The Project also includes the build of an a module which will include assigning of Designers, sharing concepts, User interaction, choosing designer packages etc

There is huge scope for the BA/QAs to develop  a wide range of skills being involved in a project like this.

We are now taking registrations from aspiring Business Analysts and Quality Assurance Analysts for this programme. If you want to be part of this exciting team please sign up before January 31st 2017.

For more details of what our work experience and mentoring program involves please visit  our dedicated web page for this here:
http://www.careertesters.com/work-experience-mentoring.html

Financial Market Outlook 11.1.2017

financial analystThe FTSE 100, made history yesterday, not only did it close at another  record high at 7275 up 37.7 points  +0.37%,  but it was also the  9th day in a role of closing at a new high. This has never happened before in the history of the FTSE.

The reason behind it is that the British pound has been falling since the BREXIT, as a weaker pound will increase profits of multinational corporations that are listed on the index, when they convert their earnings to pounds.

It is kind of a catch 22 situation, because as the pound goes down the FTSE goes up.  If you are currently investing in the UK stock market, it’s great, but not too good if international business needs to be done. A weaker pound, will give you less for your money in a foreign country.

The Mining, Banking and Health Care Equipment & Services had a good trading day.

We offer monthly classes on Stocks, Shares and investments for beginners and advance classes.  To learn how to start investing in the market or take control of your financial destiny enroll on one of our courses or  read more about our stock market training hereshares_training_ad

Daniel Joseph MBA
see Daniel’s Bio here

Futuretrend Training Academy
Financial Training Department.

Financial Market Outlook 10.1.2017

exam analystThe FTSE closed at a new high yesterday, at 7215 up 5.90, 0.08%.

Morrison Supermarkets was one of the main gainers of the market as the fourth largest supermarket in the UK did better than expected in the Christmas trading. The results indicate that the recent Christmas trading was the best performance in the last seven years. The Share price was up 4.2 %.

However, Tesco, the UK’s number one supermarket has emerged the winner with the fastest growing sales among the sector over the Christmas period. Tesco was up around 5% at the close of yesterday’s trading.

In New York, USA, THE Dow Jones did reach 20,000 – a new high but closed below the figure at the end of yesterday’s trading.

President Elect Donald Trump met with Jack Ma – CEO of Alibaba and promised to bring 1 million jobs to America. I believe trading deals and brining jobs back America as well as creating Jobs will be a strong point for Mr Trump.
Alibaba’s earnings for last quarter are due out on January 24.

Back on President Elect Trump; he has appointed his son in law Jared Kushner as his senior adviser. Mr Kushner played a key role in Mr Trump’s campaign for the election, and is married to Ivanka Trump.

We offer monthly classes on Stocks, Shares and investments for beginners and advance classes.  To learn how to start investing in the market or take control of your financial destiny enroll on one of our courses or  read more about our stock market training hereshares_training_ad

 

 

 

 

Daniel Joseph MBA
see Daniel’s Bio here

Futuretrend Training Academy
Financial Training Department.

Financial Market insight from our stocks and shares trainer

The FTSE closed at 7198.41 on Friday up 0.04%, I must say the index has started much stronger than this time last year.

Also from America, the Dow Jones Industrial Index closed just below 20,000, which is an all-time high, I believe the week approaching, we will see the Dow  go above the 20,000 mark for the first this in history. This could be classed as a positive for both the outgoing President Obama, and for President elect Trump.exam analyst

The figures that came out on last Friday (Non-farm payrolls) show that 156,000 jobs to the labour market, but the real good news was that the wage growth was the strongest since 2009. Good news for the outgoing President Obama, which would add to his legacy.

Remember, what happens in the US Market has an impact on the UK Market.

We offer monthly classes on Stocks, Shares and investments for beginners and advance classes.  To learn how to start investing in the market or take control of your financial destiny enroll on one of our courses or  read more about our stock market training hereshares_training_ad

 

 

 

 

Daniel Joseph MBA
see Daniel’s Bio here

Futuretrend Training Academy
Financial Training Department.