Any reasons why ISX Stocks would be a better Investment?

[4aprofit]

Any reasons why ISX Stocks would be a better Investment?
I have just been wondering...if the country takes off over there..like with an RV.....Would'nt the ISX Stocks seemingly make a person more profit in the long run than just cash in the bank or cash in hand..I mean, if this really does happen and does really well...would'nt it just seem logical that the ISX Stock Market would have the potential to make the most profits?..I have been studying this as I wait...I have even bought a few stocks just as a hedge'..or in case of further delays'...but, in the case of RV...if it all goes up'...you would think that there would just be a natural tendency to believe that the ISX would make someone 10 fold or more possibly than the cash or bank account...I know that we can even buy the stocks after RV...and possibly do just as well...I'm assuming if we bought in sooner than later after the RV?...Another thing, most are scared of any stock market, especailly after what we've seen here in the U.S., but if the money RV's..their markets should'n be affected like ours would they?..Just thinking out loud..but does anyone know?..How about some others ideas...

[MarkOne]

I'm not being rude or sarcastic with what I have to say...

I "really" don't think you're going to have to worry about the effects of an RV on Iraq or their stock market.

They have made numerous statements that they are considering or in the process of removing 3 of the zeros from the currency. I do not see these as scare tactics, smoke screens, or some kind of diversion - they can't afford an RV, why would they RV, would YOU RV if Iraq were 'yours'?

Iraq will do ONLY what is best for Iraq just like they did back in 2003 when they closed the borders and did an in-country currency exchange for their 'then' currencies for the current currency.

I do NOT believe they will repeat this procedure (in-country) as they have stated that it will take place over a two year period of time, however, I do believe that the removal of the three zeros coupled with a new currency is their intention.

That being said... there are many on here who believe in an RV - some as high as $3.00 or more, others believe a U.S. dime (or so), however, Iraq is and has been doing EXACTLY what they said they would do with their monetary policy to date and the CBI is accomplishing their goals in this respect.

I guess you should just keep an open mind and keep reading. There are some incredibly bright individuals with intelligent arguments in both directions.

I, personally, have chosen the ISX after first investing in the IQD. I am pleased with my decision and have not questioned it. I do keep up with any and all ISX and economy related information where ever it can be found and this was the right decision for me.

[4aprofit]

It just seemed to be the right move, at least to hold some stocks, in case of a long ride....I just figured that they might rise first, especially since they keep talking about going electronic, forex even possibly, etc., etc., etc...For what it's worth!

[chakkarchee]

I have same common sense approach as Mark1 and seeing more positively every new day with progress in Iraq.

When I see companies like Warka bank , light industries and about 20 others they seems like future 2000 pounds gorrilla in Iraq doing bussiness and most will likely go average 100 dinar per stock and that will give same result as improving two zeros off the currency.

So why Iraq and not Vietnam are not alike

Iraq is sitting 115 bbl of oil( like cashable gold always in demand) which may be half the inventory.

Iraqi population size is perfect for economic progress 30 million.

USA is fully supporting to Iraq's economic progress think Germany/ Japan after WWII.

Every thing rebuilding from scratch with warp speed.

Most likely they will not rely on oil only.

Sitting next to multiple neighbour with money and common econimic intrest.

Iraq will be larger part of GCC.

and about 100 more same weighted reason.


To get the benifit of all of the above will take time, So if you are diversifing your portfolio for retirement, ISX may give the most profit in 10 years if this is not quick enogh ISX still may be the best incremental market in the world for nest 10 years. ( We seeing minor firework form ISX since January) WIN WIN.

[Panther]

Holding NID currency has risks. But, buying ISX stocks has the added risks of stock fraud and manipulation.

I have come very near buying ISX stocks, but the extensive corruption in Iraq that does or will find its way into the stock market, always stops me from pulling the trigger on buying ISX stocks.

[RoyalBeluga]

In my opinion opportunities like we have in Iraq don't come by very often so one should take the bull by the horns so to speak :nod:

So what if it all turns sour, at least I will be able to say to myself "I gave it my best shot" :rock:

[Wealthy Future]

In my opinion opportunities like we have in Iraq don't come by very often so one should take the bull by the horns so to speak :nod:

So what if it all turns sour, at least I will be able to say to myself "I gave it my best shot" :rock:

I like your point RoyalBeluga, I believe we have a very awesome
Opportunity in Iraq. I would rather take the chance and be involved possibly making a lot of money then sit back scared :sweating: and do nothing worried of what might happen.

I believe in risk and risk can pay off Big!!:nerd:

[War Eagle]

Panther;Pull the trigger.First,you shouldn't have more invested (speculated) than you can afford to lose.So,if this is the case-GO FOR IT-most of us believe this is a "once in a lifetime" situation.

[Sniper Six]

I started early when most shares were 1IQD. I was able to remove my initial investment and I am still in the green with a free ride! Free Shares are the best!!!!:cash: GL

Sniper

[MarkOne]

Someone once told me (in regards to stocks) that once I reach my goal in the ISX that I should leave 10-20% in the ISX because in the long run, they may be worth more than I pulled out.

This is NOT a new economy, many of these companies were around and making money back in the 1960's. Iraq was a major exporter in the region and was not only a very wealthy country but had a large wealthy and/or well-off population. Iraq had a few wars, Saddam, and sanctions which had a very bad effect on the country as a whole - but not only can they rebuild, but they are rebuilding and with the help of countries all around the world. Soon, oil will not be 90% of their income - soon their economy will be funded by exports, tourism, natural gas, petroleum products, and of course... oil. As the economy grows - so will the stock market. It can't help but grow with the economy. The stock market is a mirror of the economy, however, this does not factor in the fact that there will be electronic trading of all companies and that they will join the other Middle East Exchanges and the many MORE Funds that will be going into the ISX which, to take a phrase out of a very funny TV show, means Mo' Money! Mo' Money! Mo Money!

[Chaka]

electronic trading will allow the handling of larger volume but this is irrelevant if further liquidity is not added. Without new investment capital what happens is the same # of investors in the market end up passing shares back and forth. What kind of gains would you really expect to see? The foreign investor is definately at a disadvantage in such a situation because we would be in reactive mode...thus the importance of the Revised Foreign investment law.

2nd - interest rates need to come down to 1) get people to move monies from easy paying high interest to the stock market. until these rates are low enough to make the market more attractive investment not much will change

2) get rates low enough so banks can begin lending so consumers can buy more and businesses can produce more product and continue to grow etc etc

lastly the companies need to spend more time trading than in their general assembly meetings..e trade should remedy this issue.
What we are seeing a lot of is investors selling stock to buy stocks that offering paid capital shares...Again this goes back to liquidity -in this sense its the individuals liquidity problem...but hey we all run out of money at some point to buy these shares and by having to sell another stock to pay for them or miss out.
Bottom line is the sooner the Capital requirements get met , the better the market will function by true supply and demand


I am beginning to wonder if some are not truly understanding that free shares also reduce the price and you did not get free money.
If you had million shares at 1 dinar of "X" bank and they issue 100% free shares- you now have 2 million shares worth .50 dinars.

Quite often these stocks in the ISX have experienced a sell off upon return to trade and share price reduction.

I know this doesnt apply to everyone

[24mm exposed grid]

Chaka, the revised foreign investment law that you mention, I have heard / read that larger investors are still sitting on the sidelines waiting for this to happen.

In brief terms, are you aware of what is the issue or hold-up on the enactment of this law ?
Assuming we obtain further interest rate cuts (looking possible / likely), electronic trading (looking imminent), would you view the passage of this revised law as a pre-cursor to the floodgates to this market opening ?

Always appreciate your highly valued input.

[Chaka]

brokers, articles and even boots on the ground all seem to be under same impression (as they continue to share with us)that there is large money waiting to come in from iraqi neighbors...
These large seminars/conferences have been taking place in neighboring countries which lends credence to the comments

As to what the verbage from the law that is being changed..i have no clue...

I believe the delays of $$ are moreso from lack of fully functional , error free etrading rather a few word changes in a law

The fact it is taking longer than expected should not equate to the info being erroneous. Case in point, the HCL has been about to be completed "soon" for over 3 yrs(with no end in immediate sight)..but we do know it will pass at some point.

The key is to remember the ISX is a traditional form of investment vehicle.
Those with the patience to hold as the economy grows and prospers will be rewarded with great returns IMO. Its been said many times that the early investors who have taking the greatest risk shall be rewarded with the greatest returns including Mahdi

Can an investor still screw it up? Absolutely...by always chasing the hot stock buying high and selling low...or not taking profits watching the stocks ride up and back down

ISX is not to be put on autopilot long term. Further diligence will be required.
Right now nothing to sweat over as most of the major stocks arent even trading