ISX forum available
+2
Chaka
Scott Gonzales
6 posters
Page 1 of 1
ISX forum available
I am keeping some graphs and statistics for the ISX on my website www.IraqStockX.com. I removed the forum in respect to investorsiraq admins, but have decided to reactivate the forum while IIF is having problems. My forum is for ISX discussion only - all other political and Dinar comments will be deleted. It is for serious ISX people only.
I will consider taking the forum back down if IIF gets going again depending on the position of IIF admins.
I will consider taking the forum back down if IIF gets going again depending on the position of IIF admins.
Scott Gonzales- Posts : 3
Join date : 2008-07-04
Re: ISX forum available
nice job scotty on the graphs- must've taken long time to put together.
Everyone should take note of prices from Jan -5- May 05
MEB, Commercial Bank, Warka, Dar, Credit Bank, Bank of Baghdad etc-
this was during the time of bank mergers with Dar and credit bank and government was just elected.
Citizens optimism was high.
Even Islamic and Basra,Mosul were 5x higher than now
then the sectarian killings and security deteriated and the ISX followed down.
Keep in mind the prices are not down 85% from straight losses since early 05. Splits and paid capital shares need to be factured as well
Take Warka for example
early 05 ran up to 32 then has done splits of
380%
100%
64%
29.17%
so despite the price now reflecting as 1.5 dinars per share- investors are basically break even
Security has improved greatly, now we just need the Etrade and Foreign investment law implemented
Everyone should take note of prices from Jan -5- May 05
MEB, Commercial Bank, Warka, Dar, Credit Bank, Bank of Baghdad etc-
this was during the time of bank mergers with Dar and credit bank and government was just elected.
Citizens optimism was high.
Even Islamic and Basra,Mosul were 5x higher than now
then the sectarian killings and security deteriated and the ISX followed down.
Keep in mind the prices are not down 85% from straight losses since early 05. Splits and paid capital shares need to be factured as well
Take Warka for example
early 05 ran up to 32 then has done splits of
380%
100%
64%
29.17%
so despite the price now reflecting as 1.5 dinars per share- investors are basically break even
Security has improved greatly, now we just need the Etrade and Foreign investment law implemented
Chaka- Forum Leader
- Posts : 55
Join date : 2008-07-05
Re: ISX forum available
Thanks for the comments guys. My primary thought regarding the ISX is when will it take off? I have a graph on the front page showing that winners have outpaced losers over the last 20 or so trading days compared to the last 100 days. I would think that when the ISX really starts to grow, trading volume will increase consistently. I am going to place that graph on the home page also.
Scott Gonzales- Posts : 3
Join date : 2008-07-04
Question Chaka
Chaka wrote:nice job scotty on the graphs- must've taken long time to put together.
Everyone should take note of prices from Jan -5- May 05
MEB, Commercial Bank, Warka, Dar, Credit Bank, Bank of Baghdad etc-
this was during the time of bank mergers with Dar and credit bank and government was just elected.
Citizens optimism was high.
Even Islamic and Basra,Mosul were 5x higher than now
then the sectarian killings and security deteriated and the ISX followed down.
Keep in mind the prices are not down 85% from straight losses since early 05. Splits and paid capital shares need to be factured as well
Take Warka for example
early 05 ran up to 32 then has done splits of
380%
100%
64%
29.17%
so despite the price now reflecting as 1.5 dinars per share- investors are basically break even
Security has improved greatly, now we just need the Etrade and Foreign investment law implemented
Do you have dates for these splits?
And do you have more info on other company splits?
TIA
pokerfool- Posts : 7
Join date : 2008-07-07
Re: ISX forum available
These "splits" are a joke and simply their attempt to throw a few dinars at us. When is all this "foreign money" and the "brokerage accounts" going to nail this exchange and actually create true growth. Or is the Iraqi infrastructure and economy continually on hold ad infinitum. Currently, the ISX sucks as bad as the growth and expansion of the dinar, and almost as bad as the near-term future of the NYSE.
geowhiz- Posts : 29
Join date : 2008-07-06
Re: ISX forum available
pokerfool wrote:Chaka wrote:nice job scotty on the graphs- must've taken long time to put together.
Everyone should take note of prices from Jan -5- May 05
MEB, Commercial Bank, Warka, Dar, Credit Bank, Bank of Baghdad etc-
this was during the time of bank mergers with Dar and credit bank and government was just elected.
Citizens optimism was high.
Even Islamic and Basra,Mosul were 5x higher than now
then the sectarian killings and security deteriated and the ISX followed down.
Keep
in mind the prices are not down 85% from straight losses since early
05. Splits and paid capital shares need to be factured as well
Take Warka for example
early 05 ran up to 32 then has done splits of
380%
100%
64%
29.17%
so despite the price now reflecting as 1.5 dinars per share- investors are basically break even
Security has improved greatly, now we just need the Etrade and Foreign investment law implemented
Do you have dates for these splits?
And do you have more info on other company splits?
TIA
i will post when i get home... as many as i am aware of-
Dividends wont be reflected or paid capital shares bought @ 1 dinar per share, just splits
Chaka- Forum Leader
- Posts : 55
Join date : 2008-07-05
Re: ISX forum available
geowhiz wrote:These "splits" are a joke and simply their attempt to
throw a few dinars at us. When is all this "foreign money" and the
"brokerage accounts" going to nail this exchange and actually create
true growth. Or is the Iraqi infrastructure and economy continually on
hold ad infinitum. Currently, the ISX sucks as bad as the growth and
expansion of the dinar, and almost as bad as the near-term future of
the NYSE.
Many investors from Iraqs neighbors are waiting on 2 things-
implementation of the etrading which they believe will minimize
corruption in comparison to eraser board trading.
Secondly, they seek the protection of the FULL foreign investment and
Securities law. Law was passed in Oct/Nov 06 or so but never fully
implemented.
Earlier this year, Amman held a conference where this new securities law was discussed.
One broker believes the etrading will commence before the full implementation of the New FI & Securities Law.
Geo,
Can you repost your quote about how bad the ISX was but you have more invested in iraq than anywhere else?
that was classic!
One only needs to see the 4 single stock ISX purchases of over $ 1
million USD(since August) to realize we have invested in something
worth being patient on.
These folks didn't become wealthy by making bad investments.
What stands out even more than the $ 1million amount is the fact these
purchases were made in a bourse with only $ 1.5B market cap.
Chaka- Forum Leader
- Posts : 55
Join date : 2008-07-05
Re: ISX forum available
Do you have dates for these splits?
And do you have more info on other company splits?
TIA[/quote]
http://www.iraqstockx.com/forum/topic.asp?whichpage=1&TOPIC_ID=16
i dont have all the recent activity yet until confirmed.
And do you have more info on other company splits?
TIA[/quote]
http://www.iraqstockx.com/forum/topic.asp?whichpage=1&TOPIC_ID=16
i dont have all the recent activity yet until confirmed.
Chaka- Forum Leader
- Posts : 55
Join date : 2008-07-05
Re: ISX forum available
Sorry Chaka, I accidently deleted the post at IraqStockX.com
Scott Gonzales- Posts : 3
Join date : 2008-07-04
Re: ISX forum available
Hey Chaka:
Any step by step lessons for IIF member that are new in stock market investments?
Thanks,
Rufodinar
Any step by step lessons for IIF member that are new in stock market investments?
Thanks,
Rufodinar
rufodinar- Posts : 104
Join date : 2008-06-24
Re: ISX forum available
Sg, no prob-- this weekend ill repost
Rufo- give me few days to put something together
Rufo- give me few days to put something together
Chaka- Forum Leader
- Posts : 55
Join date : 2008-07-05
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