Required: Analyze the annual reports of Flour Mills of Fiji (2020), RB Patel Ltd (2020) and Paradise

Beverages Ltd (2019) from South Pacific Stock Exchange (SPSE) and answer the following

questions.

1. Calculate the share value using Dividend Growth Model, assuming dividend will grow 9% for

Flour Mills of Fiji, 7% for RB Patel Ltd and 3% for Paradise Beverages constantly for the

companies on their respective base year.

2. Calculate the Earnings Per Share (EPS) and the Market Capitalization for each of the

companies.

3. Comment on the share value of the companies given the Dividend Growth Model (Question

1) and EPS (Question 2). ​