Thread: ISX Delima on figures being Used-neno.

Originally Posted by bigjase1

Hi all after a 2 hr phone to 2 top bankers in london this is what i have found out to be TRUE FACTS

its not penny stocks
it is a true stock market
it is 1.40 nid
and the stock market is due to trade monday if everything goes to plan
The 1.40 nid is a price for a share but its not the new exchange rate 1.40 per nid its what it cost to buy a share there is a mention that the nid will be pegged to sdr but for all this share buying and the stock market to open to none iraqis its got to be international tradeable and at a good rate otherwise the stock market will close end of day billions down and share prices will drop within minute and what ever shares are forsale will be brought up by the of the days trade also the iraq ecomony will be hit even harder i stand by this info my friend ben has given me he has spent hours looking into this and talking with the right people in uk america and china its big news in the right circles so ben was telling me (as he has just found out himself) i hope this does help

Thank you so much BG.

Thanks bigjase1,
Sure hope this info is spot on. Heres hoping for Monday.
LIT

Originally Posted by bigjase1

Hi all after a 2 hr phone to 2 top bankers in london this is what i have found out to be TRUE FACTS

its not penny stocks
it is a true stock market
it is 1.40 nid
and the stock market is due to trade monday if everything goes to plan
The 1.40 nid is a price for a share but its not the new exchange rate 1.40 per nid its what it cost to buy a share there is a mention that the nid will be pegged to sdr but for all this share buying and the stock market to open to none iraqis its got to be international tradeable and at a good rate otherwise the stock market will close end of day billions down and share prices will drop within minute and what ever shares are forsale will be brought up by the of the days trade also the iraq ecomony will be hit even harder i stand by this info my friend ben has given me he has spent hours looking into this and talking with the right people in uk america and china its big news in the right circles so ben was telling me (as he has just found out himself) i hope this does help

Thank you very much for this info. No matter how you look at this, it's huge. It's just a matter of how this plays out. The ISX has changed their format for some reason. They sure as heck better not open that market at 1.40, 2.2 IQD, etc....Not even to Iraqis. Shabibi himself said they would not sell bank stocks for pennies.

Something big is up....and soon!

Seaview, I am looking forward to your follow-up, also.

Originally Posted by bigjase1

Hi all after a 2 hr phone to 2 top bankers in london this is what i have found out to be TRUE FACTS

its not penny stocks
it is a true stock market
it is 1.40 nid
and the stock market is due to trade monday if everything goes to plan
The 1.40 nid is a price for a share but its not the new exchange rate 1.40 per nid its what it cost to buy a share there is a mention that the nid will be pegged to sdr but for all this share buying and the stock market to open to none iraqis its got to be international tradeable and at a good rate otherwise the stock market will close end of day billions down and share prices will drop within minute and what ever shares are forsale will be brought up by the of the days trade also the iraq ecomony will be hit even harder i stand by this info my friend ben has given me he has spent hours looking into this and talking with the right people in uk america and china its big news in the right circles so ben was telling me (as he has just found out himself) i hope this does help

Hi Bigjase1.

I started a thread In rumour section ‘could be something, could be nothing’ regarding this matter in a subtle way when the ISX website went down the other day (maybe too subtle - lol).

It has always been quite common knowledge that Iraq ‘ought’ to do an adjustment to their currency before their stock market goes ‘live’ for foreign investors and have mentioned this a couple of times on the forum. If not then it would very much look like a ‘slow grow’. It would be awkward to factor in a rv after the market goes live for foreign investors.

However as far as being bought up for pennies this is not necessarily so. There are many things the Iraqi’s can do to prevent this.

As it stands at the moment no foreign investor(s) will be able to buy more than 49 percent (in shares) of any one Company. Many shares have been and will continue to be held back from the Market. They can do reverse splits and/or ratio the shares down. E.g. they could take each block of 1000 shares so that they represent 1 share.

What your seeing is the stock market prices as they have been for many months and why many people have been buying in through ’proxy’.

I do know of a couple of brokers who have factored a price into what the rate maybe from checking the 'daily analysis' – but these are only opinions and so would rather wait and see.

It is good news that you have spoken with someone who also sees, or more importantly has heard through the grapevine, that this is/maybe a go. It is and has been big ‘news’ as you say in circles for a while – however, I have not heard of anying firm. Also there has been no firm news as to exactly when foreign investors will be allowed in apart from a hint of anytime within 60 days back from last month - so maybe tomorrow - I don't know. Did your friend know this?

I hope that ties in with your friend.

Originally Posted by bigjase1

Hi all after a 2 hr phone to 2 top bankers in london this is what i have found out to be TRUE FACTS

its not penny stocks
it is a true stock market
it is 1.40 nid
and the stock market is due to trade monday if everything goes to plan
The 1.40 nid is a price for a share but its not the new exchange rate 1.40 per nid its what it cost to buy a share there is a mention that the nid will be pegged to sdr but for all this share buying and the stock market to open to none iraqis its got to be international tradeable and at a good rate otherwise the stock market will close end of day billions down and share prices will drop within minute and what ever shares are forsale will be brought up by the of the days trade also the iraq ecomony will be hit even harder i stand by this info my friend ben has given me he has spent hours looking into this and talking with the right people in uk america and china its big news in the right circles so ben was telling me (as he has just found out himself) i hope this does help

Whooooooppppeeeeee!

THANK GOD FOR THOSE OF YOU WHO ARE BOTH KNOWLEDGEABLE AND DIG TO KEEP US INFORMED. AGAIN, THANKS!!!

ISX site is not opening up for me. Is anyone else having the same problem ?

This is the link I'm trying to get into:

http://www.isx-data.com/

Try this

ÓæÞ ÇáÚÑÇÞ ááÃæÑÇÞ ÇáãÇáíÉ

Thanks Allot SeaView, It opened up

i am taking a call from a expert in china soon who knows more about iraq and there stock and a rv he will tell me anything i will ask him i will pass all info onto everyone here i promise as its not nice not know so as soon as i can i will post what was said i am not sure what time it will be its now 11.25 here in uk should be receiving call at 11.30 my time

thank u all