Wema bank

[123.rado]

Wemabank plc will present to the nigerian stock exchange, dealing members and the press, its facts behind figures on thursday january 27th 2011.

[aysok1]

Originally Posted by 123.rado

Wemabank plc will present to the nigerian stock exchange, dealing members and the press, its facts behind figures on thursday january 27th 2011.

We are beginning to have some ethical corporate practice form listed firms.

[yemo]

Whoa! Someone is executing a ton of buy orders on Wema, around 25Million to be precise. Where's my broker?

[BigSeun]

Originally Posted by yemo

Whoa! Someone is executing a ton of buy orders on Wema, around 25Million to be precise. Where's my broker?

Not surprise, the CBN governor just announced that Wema and Unity Bank have met all her requirement and they (CBN) are merely monitoring the management of the bank.
Nigerian interest rate rise with CBN Governor, Sanusi Lamido Sanusi

[aysok1]

Originally Posted by BigSeun

Not surprise, the CBN governor just announced that Wema and Unity Bank have met all her requirement and they (CBN) are merely monitoring the management of the bank.
Nigerian interest rate rise with CBN Governor, Sanusi Lamido Sanusi

Informed,intelligent and proactive SLS.

[cashrules]

Originally Posted by BigSeun

Not surprise, the CBN governor just announced that Wema and Unity Bank have met all her requirement and they (CBN) are merely monitoring the management of the bank.
Nigerian interest rate rise with CBN Governor, Sanusi Lamido Sanusi

But what abt the startegic investors that invested in WEMA bank... were new shares not created for these people??? abeg who has the current outstanding shares for WEMA bank now??

[aysok1]

Originally Posted by BigSeun

Not surprise, the CBN governor just announced that Wema and Unity Bank have met all her requirement and they (CBN) are merely monitoring the management of the bank.
Nigerian interest rate rise with CBN Governor, Sanusi Lamido Sanusi

Originally Posted by cashrules

But what abt the startegic investors that invested in WEMA bank... were new shares not created for these people??? abeg who has the current outstanding shares for WEMA bank now??

We should expect a clarification on their position when they present to THE NIGERIAN STOCK EXCHANGE, DEALING MEMBERS AND THE PRESS, ITS FACTS BEHIND FIGURES ON THURSDAY JANUARY 27TH 2011.

[omydee]

Originally Posted by cashrules

But what abt the startegic investors that invested in WEMA bank... were new shares not created for these people??? abeg who has the current outstanding shares for WEMA bank now??

You can imagine if Wema's PAT for 2010 and forecast PAT for 2011 is now going to be spread thin among more shareholders with serious cutlass and knife...what that of the classical SLS banks go be like after everything don conclude? There shall be blood o! And me i go drink some sha...sorry, that was a slip. I no be winch!

[omydee]

Originally Posted by aysok1

We are beginning to have some ethical corporate practice form listed firms.

You never hear of "establishing common ground" from communications expert? They are trying to establish ground zero immediately and move on. Abi how many public companies dey give 4 consecutive quarters' projections all in one fell swoop? They are trying to test the limits of the EMH theory.

[aysok1]

Originally Posted by omydee

You never hear of "establishing common ground" from communications expert? They are trying to establish ground zero immediately and move on. Abi how many public companies dey give 4 consecutive quarters' projections all in one fell swoop? They are trying to test the limits of the EMH theory.

Another side to the coin, is your stated "efficient market hypothesis".But surely,whatever is up their sleeves will be judged at the market arena friday onward.
As investors or traders we'll look out for opportunities in the whole proccess.so make thursday come quickly.

[alagba-ijo]

Originally Posted by Ayoola Efunkoya

Oti fi owo ijo ta tete. Eli mama kunda. Ah ah.
You this alagba ijo can cause wahala with all this you comedy.

ELI mama gini? Ara IBAdan na only yu know now o! So mum is the word kapiche

[alagba-ijo]

Originally Posted by omydee

You never hear of "establishing common ground" from communications expert? They are trying to establish ground zero immediately and move on. Abi how many public companies dey give 4 consecutive quarters' projections all in one fell swoop? They are trying to test the limits of the EMH theory.

Omydee, Omydee na NIGERIA I take beg yu no become prophet of doom o yu fit kill kete kete just leave them make establish common ground witout ground zero

[alagba-ijo]

Originally Posted by cashrules

But what abt the startegic investors that invested in WEMA bank... were new shares not created for these people??? abeg who has the current outstanding shares for WEMA bank now??

Nope SW merely bought out the O states, and they shared d loot wey dem papa Awo take agbomagbe money build sad one of dem did a lavish wedding and take the change buy bleaching creme and "gold shain"

[goldsun]

Originally Posted by alagba-ijo

Nope SW merely bought out the O states, and they shared d loot wey dem papa Awo take agbomagbe money build sad one of dem did a lavish wedding and take the change buy bleaching creme and "gold shain"

aka.... I no talk o

[saheewale]

allAfrica.com: Nigeria: Wema Lists 2.5 Billion Shares, Assures Shareholders

[alagba-ijo]

Originally Posted by goldsun

aka.... I no talk o

Talk am finish yu go no sey dem no the number of yr house.

[saheewale]

Wema Bank to close 17 branches for regional banking

Wema Bank to close 17 branches for regional banking

[aysok1]

Result Announcement
WEMA BANK PLC
3rd May 2011
Audited Year End (December) 2010
Profit and Loss Information
Gross Earnings 11 N21.796b 10 N18.994b Profit Before Tax 11 N13.141b 10 (N8.868b) Taxation 11 N4.313b 10 N1.337b Profit After Tax 11 N17.455b 10 (N7.530b)
Balance Sheet Information
Fixed Assets 31-12-10 N13.922b 31-12-09 N14.285b Treasury Bills 11 N8.176b 10 N5.049b Loans And Advances 11 N42.793b 10 N30.001b Cash and Bank Balances 11 N6.567b 10 N6.354b Other Debit Balances 11 N145.524b 10 N95.246b Deposits 11 N120.883b 10 N94.058b Other Credit Balances 11 N80.331b 10 N102.715b Net Assets 11 N15.769b 10 (N45.837b)
Corporate Actions
Proposed Dividend
Nil
Proposed Bonus
Nil
Payment Date
Nil
Closure Date
Nil
AGM Date
Nil
AGM Venue
Nil

[manemi]

Originally Posted by aysok1

Result Announcement
WEMA BANK PLC
3rd May 2011
Audited Year End (December) 2010
Profit and Loss Information
Gross Earnings 11 N21.796b 10 N18.994b Profit Before Tax 11 N13.141b 10 (N8.868b) Taxation 11 N4.313b 10 N1.337b Profit After Tax 11 N17.455b 10 (N7.530b)
Balance Sheet Information
Fixed Assets 31-12-10 N13.922b 31-12-09 N14.285b Treasury Bills 11 N8.176b 10 N5.049b Loans And Advances 11 N42.793b 10 N30.001b Cash and Bank Balances 11 N6.567b 10 N6.354b Other Debit Balances 11 N145.524b 10 N95.246b Deposits 11 N120.883b 10 N94.058b Other Credit Balances 11 N80.331b 10 N102.715b Net Assets 11 N15.769b 10 (N45.837b)
Corporate Actions
Proposed Dividend
Nil
Proposed Bonus
Nil
Payment Date
Nil
Closure Date
Nil
AGM Date
Nil
AGM Venue
Nil

Is it my eyes, or there is confusion here? Is this 2010 YE or 2011 Q1 results?

[hispy99]

Originally Posted by manemi

Is it my eyes, or there is confusion here? Is this 2010 YE or 2011 Q1 results?

I would say it's FYE 2010, although I don't belive the PAT numbers, except they meant millions and not billions