[Western Bank] Weekly Financial Report
Major Lee Hung
This week has been very slow! The monetary market has been in decline and so we've been having to rely on the offers I've posted, which comes about once every 10 days for low profits.
We're unfortunately going to miss our end of month target of £15. See below for more on that.
Investors
Share price: £13.03 (+12.75
😵
Dividend Rate: 5%
Dividend per Share: £0.26
The overall value of the bank's cash and product assets (what I base share value on) is currently at £26,060.
This means that in the two-three weeks we've been operating, value has increased by over 30%.
Share Buy-Back Scheme
As we're going to have to push the £15 target back, I'm going to offer a share buy-back scheme at the £15 for the next couple of weeks. I'll buy each share for £15 if you're looking to sell.
Future Share Sales
For now, the additional 1,000 shares are going to be held. This will be reviewed in two weeks time.
Dividend Payouts
Dante643 - £26.00
Thedark ace - £26.00
An Idiot Abroad - £26.00
LongShotzZ - £2.60
Joshington - £13.00
Jny123 - £26.00
Fritz179 - £52.00
Ayame Crocodile - £75.40
Bob Bloggs - £13.00
Payments will be sent out this evening.
Comments
I don't follow. You are working the MM with other people's money and giving them (part of) the profit? That's cool. I want in. Do you have some intro article or do I have to crawl your newpaper?
The monetary market has been slow lately, but it's what of the sources of income.
Others are investing in markets around the world, loans, my own companies that I've devoted to this etc. Profits are currently ranging between £1,500 - £3,000 per week.
First article: http://www.erepublik.com/en/article/-relaunch-western-bank-invest-save-for-big-returns-get-loans-too--2245884/1/20
Also, one of* Damn typos!
Thanks. Count me in when you issue new shares. I'll try to keep an eye on your newspaper.
P00r eCitizen would like some shares when they are available :3.