[Western Bank] Weekly Report

Day 1,978, 03:15 • Published in United Kingdom Norway • by Major Lee Hung

We've made good progress since our start on Monday!

Investor News

Since the last article:

Shares

Current Value: £11.56 (+10.3😵
Dividend per Share: £0.19 (Rounded up to £0.20)

We've seen the overall value of the bank rise £3,120 in the last 5 - 6 days.

Updates

Following a decline in monetary market activity, investments in the regular market have proven sufficient to keep profits coming. We're currently trading with 5 market licenses.

The number of my companies I've dedicated to Western Bank has also increased to make up for the shortfall from a slow monetary market.

Progress

We're still on track to reach the target share price of £15 by the end of April. Activities outside of the monetary market have been stepped up until things pick up again. Profits are currently averaging at £520 per day.

Remaining Shares

There are still 1,000 shares remaining which are saved under the spreadsheet as my name. A discussion will be held soon about whether we wish to start selling these.

Share Transactions

Bob Bloggs became a shareholder this week after purchasing 50 shares from Jny123.

This Week's Goal

Trading is going to be a lot more active this week, in order to bring our daily average profits to £650 per day. This will represent a value increase of £2.28 per share by next Saturday, bringing us on track for the end of the month target.

The number of companies assigned will likely increase. So if you include those companies rather than strictly basing the value off of cash assets, total value per share is actually very high right now!

Fun Info

-Average shareholder (with 100 shares) has seen their investment grow £156 this week.
-Average shareholder also saw a dividend income of £20 in the week, small but will add up over longer periods!
-Biggest shareholder's investment has grown £452.40 in the last six days.
-£8,250 currently saved with us.
-£10,000 currently loaned out.

Dividend Payouts

Dante643 - £20.00
Thedark Ace - £20.00
An Idiot Abroad - £20.00
LongShotzZ - £2.00
Joshington - £10.00
Jny123 - £20.00
Fritz179 - £40.00
Ayame Crocodile - £58.00
Bob Bloggs - £10.00

(Crossed out names have chosen not to accept their dividend and instead keep trading with the money)

Thanks for reading! Dividends will be paid out shortly. I know they're small but they only represent six days of profits. Discussions will be held soon about whether we wish to increase the period to four weeks for dividends.