Overview of Company CAL Bank Limited formerly Continental Acceptances Limited and then CAL Merchant Bank was incorporated on March 20, 1989 but the bank was licensed in June 1990 and commenced business in July 1990. With issued shares of 238,802,978, CAL Bank is listed on the Ghana Stock Exchange (GSE) and the share price is 0.23p as at December … Continue reading 2011 Year Review of CAL Bank on the Ghana Stock Exchange.
The number 11 is perceived by many people as 'A LUCKY NUMBER'. In Astronomy, Apollo 11 was the first manned spacecraft to land on the Moon and in religion, the Eleven apostles of Jesus (i. e. Judas excluded) were perceived to be the blessed and righteous ones. On this special day, 11th Nov., 2011, let us take a look at what happened on … Continue reading 11/11/11 on the Ghana Stock Exchange.
The Trust Bank (TTB), with about 20 networked branches covering Ghana, is undergoing a takeover by Ecobank which most people including the Coalition for the Protection of Individual and Constitutional Rights are against. Meanwhile, shareholders of TTB, are strongly in favour of the takeover by Ecobank, the leading Pan- African Bank. Who then owns TTB?The shareholding structure of … Continue reading Shareholding of The Trust Bank (TTB) as Ecobank tries a Takeover
Initial Public Offering which is popularly known as IPO comes about when companies issue new shares to the public to purchase as a source of raising capital. Ghana has a wonderful history of IPOs and since the inception of the Ghana Stock Exchange (GSE), there have been so many IPOs with an impressive performance in … Continue reading History of Initial Public Offers (IPO) in the Ghanaian Capital Market.
There are different kinds of stocks or shares of companies on the Ghana Stock Exchange and every investor has a purpose for investing with reference to individual risk preference and time horizon. An investor’s purpose for investing could be for growth or for income or value. Value investing is investing in stocks believed to be … Continue reading Value Investing and its rewards on the Ghana Stock Exchange.