BEC高级精讲班第4讲讲义
Home work review
1. Self-study 2a.
(1)
peak
level off (out)
general upward trend
fluctuate
bottom out
recover/improve
(2) shares, flotation, broker, investment, listings, commission, merger, dividends
2.
Comparison of performance of Scorpio and West End shares
The issue price of shares in Scorpio was US$6 in late 1986. The price then rose, but fell dramatically at the end of 1987. Prices recovered slightly in 1988, but were still below the issue price. They fell again and recovered to reach the issue price in late 1988 when the company was bought back.
The issue price of shares in the West End Group was just over US$5 in January 1986. Despite a couple of falls, the price rose steadily throughout the late1980’s and never fell below the issue price. The buy-back in mid-1990 was almost four times the issue price.
West End shares performed much better than Scorpio’s.
(111 words)
3. 英语书面表达能力的提高---请比较
(1)
---We should regularly hold training programmes.
---Training should be held on a regular basis in our company.
(2)
---What they need to do is to sell our new tea drinks.
---They will be responsible for the sales of our new tea drinks.
(3)
---The knowledge of employees should be renewed.
---Knowledge of new products, therefore, should be increased accordingly.
(4)
---Based on the investigation amongst the staff, what they need anxiously is culture diversity among countries
---A recent staff survey indicates that culture diversity is required to be aware of.
(5)
---As the period is just one day, the contents couldn’t be too much.
---The content of the course should be highly selective due to its short time limit.
II. Vocabulary study
erode/erosion
Foxconn International Holdings, which aims to raise up to $3.37 billion via a Hong Kong listing, has highlighted competition and margin erosion risk on the eve of its public offering.
Both Goldman Sachs and UBS, joint sponsors for Foxconn’s main board listing plan, are forecasting the handset maker’s profit margins will continue to erode in the coming two years, although the pace of erosion may ease.
erode verb also erode away [intransitive and transitive]
1 if the weather erodes rock or soil, or if rock or soil erodes, its surface is gradually destroyed 腐蚀
The cliffs are being constantly eroded by heavy seas.
The rocks have gradually eroded away.
2 to gradually reduce something such as someone’s power or confidence
Our personal freedom is being gradually eroded away. 我们的个人自由正在逐渐被削弱。
Repeated exam failure had eroded her confidence. 考试成绩总是不合格挫败了她的自尊心。
erosion noun [uncountable]
1 the process by which rock or soil is gradually destroyed by wind, rain, or the sea
the problem of soil erosion the erosion of the coastline
2 the process by which something is gradually reduced or destroyed
erosion of
the gradual erosion of our civil liberties 我们的公民自由权被减弱
Foxconn chairman Samuel Chin blames cutthroat competition in the industry for creating far slimmer profits.
cut-throat adjective [usually before noun]
a cut-throat activity or business involves people competing with each other in an unpleasant way 竞争惨烈的
Cut-throat competition is keeping prices low. 惨烈的竞争让价格很低。
the cut-throat world of advertising 竞争激烈的广告界
slim adjective
comparative slimmer
superlative slimmest
1 someone who is slim is attractively thin
ￚsynonym slender
a slim young woman
a slim waist
2 very small in amount or number
ￚsynonym slender
There’s only a slim chance that anyone survived the crash.
The Republicans held a slim majority in the Senate.
3 not wide or thick
a slim volume of poetry
decline
Like many other handset manufacturers, Foxconn has been experiencing sharp declines in profit margins.
Contract
UBS forecasts Foxconn’s gross profit margins for this year and next year are expected to contract to 8.1 per cent and 7.5 percent, respectively.
contract verb
1 [intransitive] to become smaller or narrower收缩，减少
ￚopposite expand
Metal contracts as it cools.
The economy has contracted by 2.5%.
2 [transitive] formal to get an illness 患病
Two-thirds of the adult population there has contracted AIDS.
3 [intransitive and transitive] to sign a contract in which you agree formally that you will do something or someone will do something for you 签署合同
contract (somebody) to do something
They are contracted to work 35 hours a week.
the company that had been contracted to build the models
Subscription
Its shares are open for public subscription today through Thursday.
subscribe verb
1 [intransitive] to pay money, usually once a year, to have copies of a newspaper or magazine sent to you, or to have some other service 订阅杂志、报纸
subscribe to
You can subscribe to the magazine for as little as $32 a year.
2 [intransitive] British English to pay money regularly to be a member of an organization or to help its work 定期付费成为某组织会员、或为其服务
subscribe to
She subscribes to an environmental action group.
3 [intransitive] to agree to buy or pay for shares 申购股票
subscribe for
Each employee may subscribe for up to ￡2,000 worth of shares.
subscribe to something phrasal verb
if you subscribe to an idea, you agree with it or support it 支持想法
subscribe to the view/belief/theory etc
I have never subscribed to the view that schooldays are the happiest days of your life.
subscription noun
1 [uncountable and countable] an amount of money you pay, usually once a year, to receive copies of a newspaper or magazine, or receive a service, or the act of paying money for this 订阅杂志、报纸
subscription to
Are you interested in taking out a subscription to Newsweek (=arranging to buy it on a regular basis)? 你对办理订阅《每周新闻》杂志感兴趣吗?
You may cancel your subscription at any time.
I’ve decided not to renew my subscription. 我决定不再续订。
2 [uncountable and countable] British English an amount of money you pay regularly to be a member of an organization or to help its work, or the act of paying money for this 定期向某组织付费或帮助其工作
subscription to
a subscription to Amnesty International
3 [uncountable] when people in a country or place give money in order to pay for something to be done 资助
The church’s 120 foot gothic spire was paid for by public subscription in 1939.
Price-to-earning ratio
The largest exporting business of its kind in China is offering 37.5 million shares to Hong Kong retail investors at between $1.69 and $2.04 until Thursday, representing a price-to-earning ratio of 10.8 times to 13 times.
Institutional investor机构投资者
开始交易
Shares of the company will commence trading on February 3.
Shares are scheduled to begin trading on February 3
分红
the management yesterday said the company would distribute 30 per cent of its earnings to shareholders in May.
图表写作
(1)倍数的表达
A 42-fold increase in seizures of counterfeit $500 notes since 2002 has prompted a police warning in the lead-up to the Lunar New Year.
And they said that the quality of fakes was also on the rise.
lead-up noun [singular]
the things that are done in the time before an important event 前导，准备
ￚsynonym run-up
the lead-up to the election
-fold suffix
1 [in adjectives] of a particular number of kinds …方面
The government’s role in healthcare is twofold: first, to provide the resources and, second, to make them work better for patients.
2 [in adverbs] a particular number of times 倍数
The value of the house has increased fourfold (=it is now worth four times as much as before).
1. X times +as形容词或副词原形as
A is twice as long as B.
Iron is almost three times as heavy as aluminium.
This substance reacts three times as fast as the other one.
以上情况译为:
A…..是B的X倍. 或净增加X-1倍.
2. X times + 形容词或副词的比较级+than…
A is three times greater than B. 大三倍
Yours is ten times larger than mine. 大十倍
C is twice less than D. 是三分之一
3. X times + the size (length, width, value, level) of
This river is twice the width of that river. 宽一倍 (是两倍)
The earth is 49 times the size of the moon. 49倍
Morgan Stanley said on September 13 that its investment in property in China this yar would be four times the level of last year.
