WEMA BANK JUST MADE THE FIRST AND SECOND WAVE, MEANING THE THIRD WAVE WILL BE HIGHER THAN THE FIRST ONE, DECODE THAT YOURSELF, DUE DILIGENCE PLEASE

Michael11stock: WEMA BANK JUST MADE THE FIRST AND SECOND WAVE, MEANING THE THIRD WAVE WILL BE HIGHER THAN THE FIRST ONE, DECODE THAT YOURSELF, DUE DILIGENCE PLEASE

bros.. you go sabi catch monkey well well o!!...

feelamong:

bros.. you go sabi catch monkey well well...

monkey ke wetin i want use am do? na cow i dey pray to catch

Wema Bank H1 profit triples on improved efficiencies
July 25, 2014 | Filed under: Company News | Author: BALA AUGIE

Wema Bank Nigeria plc’s half-year (H1) profit more than tripled on improved efficiency despite the regulatory headwinds stocked by the Central Bank of Nigeria’s (CBN) hike in cash reserve requirements, analysis of the financial statement reveals.

This is the most impressive result recorded by the Nigeria lender after the debt crisis of 2009, that nearly brought the banking industry to the verge of collapse.

For the first six months through June 2014, the bank’s gross earnings rose by 22.12 percent to N20.81 billion, from N17.04 billion in the corresponding period of (HY) 2013.

The bank’s profit before tax (PBT) surged by 266.20 percent to N1.70 billion, compared with N464.68 million as of HY 2013.

Profit after tax (PAT) also followed the same growth trajectory as it spiked by 287.38 percent to N1.44 billion in HY 2014, compared with N371.74 million as of HY 2013.

Net margin, a measure of efficiency, increased to 6.91 percent in HY 2014, from 2.18 percent as of HY 2013. Earnings per share (EPS) increased to 8 percent from 4 percent in HY 2013.

This Thread is turning mediocre






****Runs out of thread

***Side effect of big things i cant run fast

passwelle:
Bid: 5.05
Offer: 5.18

how much is unilever and is on bid or on offer

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/6828_CEMENT_COY_OF_N_NIG_Q2_JUNE_2014_FINANCIAL_STATEMENTS_JULY_2014.pdf

CCNN half year result!!!

91% growth in PAT....EPS now N1.26

Let's go there. 14naira d last time I checked.

BERGER H1:2014 Earnings snapshot

Profit after Tax stood at NGN0.110bn (6.51% growth)

Operating expenses grew by 12.94% even as OPEX margin advanced to 39.11% from 35.05% in H1: 2013

Revenue of NGN1.23bn, representing a 1.21% turnover growth from H1:2013

9.22% decline in cost of sale which aided the 17.71% growth in gross profit


CAP H1:2014 Earnings snapshot

20.43% increase in profit after tax

Cost of goods sold (COGS) grew by 10.23% as cost-to-sales settled at 48.77%

Recorded an 18.26% growth in turnover

Cost-to-sales moderated to 49.08% in 2013FY and remained within the 48% level

Source: @meristem

Wemabank is a good one for now nobody is saying aything, na here we dey

Bigasss calls NL mediocre and all man still soft. Sheer evidence of bear season.

Omoh, bad result for sterling o, me dey exit NOW.

We will re-enter at 2.20

C & I LEASING Plc

Closure of Register – Year Ended December 2013

Proposed Dividend: 4 kobo

Proposed Bonus: Nil

Closure date: The register will be closed from Monday, 11th August 2014 to Friday, 15th August, 2014 both days inclusive.

AGM Date / Time: Monday August 14, 2014 at 11.00am

Payment date: warrant will be posted on the 18th day of August, 2014 to members whose name appear in the Register of Members at the close of business on 8th August, 2014

AGM Venue: Agip Hall, the Muson Centre,

8/9, Marina, Onikan, Lagos.

REDSTAR: status please

sky2891: REDSTAR: status please

Sir, RedStar is on offer with highest price of 5.15 and lowest bid of 4.98.

Please who is the registrar of fidelity bank?

Dragonking: Please who is the registrar of fidelity bank?

First registrar in Iganmu, Lagos.

Thanks micheal11stock! i will do my due diligence. Cheers

@Dexterax-- do you still have hope in this Wapic??

vgirl: Thanks micheal11stock! i will do my due diligence. Cheers

N1 is WEMA max price in tyhe short run, pls look for other stock to buy

myjoy08:

First registrar in Iganmu, Lagos.

thanks bro

Fcmb, sterling, stanbic ibtc , ccnn result out. C ni leasing now 52k.

Ccnn still dooing me proud. Puleeeaaase, let me know wen fuel finish for dis bus. Make I use dis one take cover u eterna. Any news on d acquisatn?

Transcorp is reversing, now 5.5, any news? Dexter, evil spirit and mkt crash, please no near dis bus.

Oando now 25naira. Smh. On a serious note, I am not sure there will be anymore l to enter the oando bus wen d deal is sealed cos by now, everybody suppose don enta.

Please sumone on itrade shld give me data for transcorp as re bid price and offer.

Nse is a casino. Qed.

mercylicious: Fcmb, sterling, stanbic ibtc , ccnn result out. C ni leasing now 52k.

Ccnn still dooing me proud. Puleeeaaase, let me know wen fuel finish for dis bus. Make I use dis one take cover u eterna. Any news on d acquisatn?

Transcorp is reversing, now 5.5, any news? Dexter, evil spirit and mkt crash, please no near dis bus.

Oando now 25naira. Smh. On a serious note, I am not sure there will be anymore l to enter the oando bus wen d deal is sealed cos by now, everybody suppose don enta.

Please sumone on itrade shld give me data for transcorp as re bid price and offer.

Nse is a casino. Qed.

Sister Mercy, Oando is 25.90 at the moment

Aks: @Dexterax-- do you still have hope in this Wapic??

Well...I expected a much bigger drop by now considering the state of the market. That hasn't still happened. I'm still fully invested in it for now...

If on a general note, insurance stocks turn out to be the play of this bearish season, as pharmaceuticals and forte oil were in the same period last year, then that should be another source of upside for Wapic, even discounting the vested-interest-effect from AIG, a confirmed cowboy.

mercylicious:
Transcorp is reversing, now 5.5, any news? Dexter, evil spirit and mkt crash, please no near dis bus.

Nse is a casino. Qed.

Lol. I'll probably be sitting next to you in the bus once it reaches Mile 4 bus stop. After all NSE is a casino.

mercylicious: Fcmb, sterling, stanbic ibtc , ccnn result out. C ni leasing now 52k.

Ccnn still dooing me proud. Puleeeaaase, let me know wen fuel finish for dis bus. Make I use dis one take cover u eterna. Any news on d acquisatn?

Transcorp is reversing, now 5.5, any news? Dexter, evil spirit and mkt crash, please no near dis bus.

Oando now 25naira. Smh. On a serious note, I am not sure there will be anymore l to enter the oando bus wen d deal is sealed cos by now, everybody suppose don enta.

Please sumone on itrade shld give me data for transcorp as re bid price and offer.

Nse is a casino. Qed.

Transcorp is the place to be.... I never actually left the bus and will remain put till we get to N10..

CCNN will continue to move to maybe around N15... if you don't want the dividend try and sell at that price...

but don't stay away too long; these guys need to raise capital and the only way for them is to keep chunning out good results..

Pls can any bnsitl tell me current price of learnafrica.Thanks as i await ur responses.

Extra 45 minutes for trading....

immanuello: Pls can any bnsitl tell me current price of learnafrica.Thanks as i await ur responses.

sombody shoul d please tell me the price of UNILEVER

immanuello: Pls can any bnsitl tell me current price of learnafrica.Thanks as i await ur responses.

Current price 1.63

Omexonomy: sombody shoul d please tell me the price of UNILEVER

current price is 49

http://www.bloomberg.com/quote/TRANSCOR:NL


Transcorp now 5.51 Naira. I am sure that preparation for Sallah contributed to it's fall some days back. It will continue it's upward movement from next week after the Sallah celebrations.

Happy Sallah to our Muslim brothers and sisters