This chapter will make a conclusion from previous chapters’ results.

 
This is the price chart compare with Savills and FTSE all share index. From the picture, it discloses the daily price of Savills is lower than FTSE average share price, especially in the end of 2009.

The report recommendations
报告建议
http://www.ukthesis.org/dissertation_sample/

If the investors already own Savills Company stocks, hold these stocks.
Although the price of Savills stock is undervalued from top anticipated price, but Savills Company still hide some problems as: the mainly decided by the economic situation, low gearing ratio reflect the low working capital, revaluation of assets and the unclear figures in cash flow - investing activities. After all, year 2010 has a complex situation both outside and inside Savills Company.
如果投资者已经拥有第一太平戴维斯公司股票，持有这些股票。
顶部预期价格虽然戴维斯股票的价格被低估，但第一太平戴维斯公司仍然隐藏着一些问题：主要是受经济形势决定，资产负债比率低，反映较低的营运资金，资产和现金流的数字不清楚重估 - 投资活动。毕竟，2010年有一个复杂的外部和内部第一太平戴维斯公司的情况。

If the investors have free capital, the recommendation is to buy the stock of Savills.

EPS Estimate Forecasts
EPS评估预测

Data from DataStream
From the chart, the highest EPS is in 2012 which suppose to reach at 24.45%, and it will grow up every year. And compare the peer companies, the EPS performance of Savills is overwhelmed than others. It shows that although in the economy bottom, Savills still have strong capacity to create profits in the next future.

Summary
摘要

For 2010 the key uncertainty is whether  will continue to a broader recovery in market values and activity during the year, or whether the specific market rallies which commenced in the second half of 2009 will prove to be short-lived. No doubtable, 2010 has started better than last year; however, Savills still cautious about the second half of the year for both UK residential and Asia Pacific markets, which contributed the most performance in 2009. This caution reflects the potential for market inertia around the UK General Election and uncertainty over whether the strong Chinese influenced markets in Asia can continue at 2009 levels. But as the positive sign of UK General selection and East Asia remain the strong recovery ability after crisis which Savills supposed, the share of Savills is worth to purchase.#p#分页标题#e#
对于2010年主要的不确定性是是否会继续恢复到一个更广阔的市场价值和活动年内，或特定的市场在2009年下半年开始逢高是否将被证明是短命的。没有值得怀疑的，2010年已经开始比去年更好，然而，第一太平戴维斯英国住宅和亚太市场，其中贡献最大的表现在2009年的年下半年仍然持谨慎态度。这种谨慎的态度，反映了潜在的市场惯性周围的英国大选和不确定性在强大的中国在亚洲市场的影响是否可以继续在2009年的水平。但正如英国一般选用的积极迹象和东亚保持强大的恢复能力，危机后的第一太平戴维斯认为，第一太平戴维斯的份额是值得购买的。

Appendix 1

Appendix 2

Source from building societies association

Appendix 3

Appendix 4