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  • opportunist's Avatar
    Today, 03:39 AM
    Mike, Back in the day when it was originally announced that shares could be put into your name I jumped on it. I also received both splits and Dividends that were posted to my Warka Bank account so I feel I am sitting very well. Lick your wounds and move on. If it makes you feel better I lost $250,000 in a community bank in the good ol USA which had done everything right but the feds pushed them out and forced all the money into the too big to fail banks who did everything wrong. Welcome to America. At least Warka has a second chance. Your young and chances are smart enough to rebound. Life's good.
    9 replies | 144 view(s)
  • Will-it-happen?'s Avatar
    Today, 02:04 AM
    Wonder where warka will slot into the following list https://www.relbanks.com/worlds-top-banks/market-cap
    9 replies | 144 view(s)
  • James's Avatar
    Today, 12:36 AM
    Warka closed at 1.40 or so and they offered shares at $1.00 to raise dividends, so that is how I came up with that amount.
    9 replies | 144 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:33 PM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 17 view(s)
  • Will-it-happen?'s Avatar
    Yesterday, 10:27 PM
    $1 a share would be awesome
    9 replies | 144 view(s)
  • James's Avatar
    Yesterday, 09:30 PM
    Hey Mike032588 I understand what your saying. When I saw Warka's webpage post stating clients had 15 days to get authorization complete. I said to myself .... not happening. I went through all that years ago and it took ... TIME . I know of someone who lived in that area (Washington) and did all this in person. I hope they were able to make the deadline. I also have friends who called the Iraqi Consultant and found out the lady who handle those things had quit or was gone. I'm waiting to hear if their paper work was delivered to Warka on time or if they too were part of this sell off. As far as Warka shares... they aren't trading so when they do (again) you should get hopefully at least $1.00 per share. (I say that IMO I have no proof). One thing you could do is start over with a different broker and start buying again. The bank stocks are very low right now and there are a hand full of industry stock right now trading. I use Al Karmal and would be glad to share that info with you if you like. This is probably not what you want to hear but it might be a way to cover some of your losses over all. Again I feel for you. I doubt you will get a reply since Warka will say it was announced although with an unrealistic deadline for foreign investors.
    9 replies | 144 view(s)
  • mike032588's Avatar
    Yesterday, 09:28 PM
    years of building...
    9 replies | 144 view(s)
  • Will-it-happen?'s Avatar
    Yesterday, 07:37 PM
    me too !!! (damn 147k in warka, you are brave !!)
    9 replies | 144 view(s)
  • mike032588's Avatar
    Yesterday, 02:07 PM
    what happen to all of our free shares.... i had 250,000,000 shares of warka... what happens to that.. im so damn confused right now and i have no idea who to ask or how to get help. Thanks...
    9 replies | 144 view(s)
  • mike032588's Avatar
    Yesterday, 02:05 PM
    I wrote the following email... To Whom It May Concern, 12 years of holding on and in 60 days you guys sell out all the hard work I did buying into your countries top companies. Im very disappointed and frustrated in how you did that and how little notice you gave your clients... especially the ones who HELD FOR SO LONG... I have no idea what to do next. Can i have the money wired to my account? Can i repurchase shares in the ISX... Can you please help me this is crazy.. 12 year client... 50,000+ USD and this is how im treated? Please advise.
    9 replies | 144 view(s)
  • mike032588's Avatar
    Yesterday, 02:01 PM
    I was in the process of getting shares put into my name... i was waiting for docs to be verified... i got sold out... im VERY frustrated... however i was only sold out of a fraction of what i owned... at big losses.... im so mad its insane... i have no idea what my next move should be... i really want to keep my money invested in Iraq because im young (30) and i believe in the future of the middle east.. FAR future... but i dont know what my next move should be... im still weeks away from getting the needed docs to trade on the ISX... does anyone else have any ideas?
    9 replies | 144 view(s)
  • James's Avatar
    Yesterday, 10:49 AM
    There have been many splits along the way. I tried my best to keep up with them. I think now that everyone who has requested their stock be put into their "good name" or now 14 years later into the ISX depository the tracking of this kind of things will be more automatic. Last summer when I asked for a share update from Warka I did notice several "more" shares in a few companies. I can only guess that those were from splits I had missed. All my other stocks were very close in the number of shares I thought I had purchased. After having an updated stock list I transferred all those stock to Al Karmal where it was easier to see them (daily viewing) unlike Warka who does not have any kind of ISX site for its customers to see their holding in real time. Recently I asked Al Karmal about a dividend from another bank and was told when the $ was given out they would collect it and put into my Karmal account. I do not think Warka has ever collected a dividend for me. And it that is true where did that money go? I also wonder if Warka ever collected splits from proxy share holders. All that is in the past now but I can see where Warka could of collected millions of side shares for itself. Once Warka relists their stock I will have that added to my Al Karmal portfolio. When I asked for my update last summer I asked Mr. Issa for my Warka total shares so I have an accurate amount. I too bought a lot of stocks back in the day and a few of those companies have gone belly up and no longer trade on the ISX. Currently there are about 50 companies listed trading but not that many actually do. The ISX http://www.isx-iq.net site has all the info you need to see what is still trading or is suspended. If your stock is in your name I would think you already have an ISX number. I would ask Warka for an updated stock list. When I received mine from Warka it was stamped from the ISX , no more excel spread sheets from Warka.
    14 replies | 438 view(s)
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