June 13, 2020 | Investopaper
In order to calculate weighted average of cost of capital (WACC) of your stocks in your beneficiary account through Mero Share, you have to follow the following steps.
First of all , you have to click on the link https://meroshare.cdsc.com.np to use Mero Share software. After clicking the link, you will see this Mero Share Login Page.
Mero Share Login Page
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Mero Share Dashboard
Enter your Depositary Participants (DP), User Name and Password. Click Login button to login into the Meroshare dashboard. Your Mero Share Dashboard will appear as below:
My Purchase Source
Click on My Purchase Source menu and then click on the Pending WACC. This will show you the list of the stocks whose Weighted Average Cost (WACC) you have to calculate. Select one stock at a time. The sample image below shows the process.
Calculating WACC In Mero Share
Clicking on the stocks opens a new page as shown in the picture below. The page shows the details of the transaction of the stocks you have made, based on the current number of stocks in your account.
The figure above shows the transaction details of Mero Microfinance stock. In the image above, Scrip is the securities you have chosen, Transaction Date is the date of credit in your account, Transaction Quantity is the number of credits, Rate is the transaction cost shown based on the details available in the CDSC data, Purchase Source is the title under which the transaction took place.
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Mark all transactions as shown in the picture below. Thus, the value shown in the Purchase Price of the transaction marked with √ is shown as Rate in the title, while the Total Cost (TC) i.e. the total cost of each transaction is calculated on the basis of the same price.
Changing The Purchase Price
Since the cost of transactions under the title of Conversion, Rearrangement, Demat, Merger / Acquisition, BO-BO / FAMILY TRANSFER, etc. is not known, the Purchase price of the transaction is kept as the par value i.e. 100 (normally).
If the cost price of the transaction differs from that shown in the purchase price, change the price shown in the Purchase Price heading. When changing the price in this way, mention the reason for changing the price under the heading Remarks and submit the evidence if required, such as the transaction number of the purchase of securities.
In the sample image above, the transaction price of the ‘BO-BO / Family Transfer’ shares of Mero Microfinance is kept at Purchase Price while the Remarks contain the transaction number at the time of purchase of the shares.
Now, press the Update button to declare that the price you have set is correct. The sample image below shows how to update the WACC information.
Now, you have calculated the weighted average of the cost of the securities (WACC) currently in your account. For example, the price of Rs. 253.46 shown in the WACC heading in the figure below is the weighted average of the cost of purchasing 65 shares of Mero microfinance.
Checking The WACC
If you have calculated the weighted average of the cost of the securities in your account and would like to see the details , click on the My Purchase Source button in Mero Share. Then select Purchase Source. Enter the company’s stock symbol in the Scrip Box. Finally, Click the Search button to view the WACC of the particular stock.
The sample figure below shows the process of checking the WACC in Mero Share.
This is the process by which you can calculate the Weighted Average Cost (WACC) of your stocks by using Mero Share. If you feel this to be helpful, then comment your views as well as share this to your friends.
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