Baghdad Soft Drinks

[Crow]

I received a E-Mail from person in Iraq who is familiar with the company stating that the company will have new production facilities online in the near future. Also a new distribution system with warehouses and a lot more new trucks to supply local stores large and small directly. Quality of product will be number one priority. It was also stated that profits in the future could be higher then expected.:yes:

[trusty]

I received a E-Mail from person in Iraq who is familiar with the company stating that the company will have new production facilities online in the near future. Also a new distribution system with warehouses and a lot more new trucks to supply local stores large and small directly. Quality of product will be number one priority. It was also stated that profits in the future could be higher then expected.:yes:

Good and current news..thanks for sharing.

Trusty

[williambedloe]

I received a E-Mail from person in Iraq who is familiar with the company stating that the company will have new production facilities online in the near future. Also a new distribution system with warehouses and a lot more new trucks to supply local stores large and small directly. Quality of product will be number one priority. It was also stated that profits in the future could be higher then expected.:yes:

Thanks for the intel my fine feathered friend!!:handshake:

[RoyalBeluga]

I knew I did good buying that stock, it's one of my larger holdings :yes:

[shellie01]

I can't wait! You just know this one has got to take off.

[Firedog]

Is Baghdad soft drink the same is north soft drink

[Kickabuck]

I received a E-Mail from person in Iraq who is familiar with the company stating that the company will have new production facilities online in the near future. Also a new distribution system with warehouses and a lot more new trucks to supply local stores large and small directly. Quality of product will be number one priority. It was also stated that profits in the future could be higher then expected.:yes:

Thanks Crow :yes: , I was starting to wonder if this dog was ever going to learn to hunt...so much potential, it has the pedigree to become a high flying stock.

[Chaka]

is this for a 2nd facility by chance?
They spent $ 1M or $ 3M a couple years ago upgrading production line

[Kickabuck]

is this for a 2nd facility by chance?
They spent $ 1M or $ 3M a couple years ago upgrading production line

:biggrin: Chaka, get your fingers ready to edit : Sunday Tuesday Thursday Happy Days!

[War Eagle]

No,North and Baghdad soft drinks are 2 seperate companies-bothe sell Pepsi inIraq-BaghgdAD SOFT DRINK IS tHE largest

[Crow]

Now Baghdad Soft drinks is perfect for large investors, heavy trading, large positions established fast....2 to 3 dinar range when things start moving.:yes:

[Crow]

Doubling your money is very possible.:yes:

[War Eagle]

In 04,before the market "crashed" in 05-06 due to the heavy fighting,Baghdad soft drink had a high of 40,and an average 0f 20-so,to me,the upside on this stock looks very good.IMHO

[Crow]

In 04,before the market "crashed" in 05-06 due to the heavy fighting,Baghdad soft drink had a high of 40,and an average 0f 20-so,to me,the upside on this stock looks very good.IMHO A lot more shares now, even more soon, some kind of deal...double or triple your money still good!:yes:

[RoyalBeluga]

A lot more shares now, even more soon, some kind of deal...double or triple your money still good!:yes:

Crow I'm hoping for 100x my money, not a measly 3x :wait:

[enki]

Crow I'm hoping for 100x my money, not a measly 3x :wait:

Agreed just saw the video about Morrel water(cnbc). Does Baghdad soft drinks sell water also?

[Crow]

is this for a 2nd facility by chance?
They spent $ 1M or $ 3M a couple years ago upgrading production line I heard 2 more possible for now. One in the north and one in the south.

[Crow]

Agreed just saw the video about Morrel water(cnbc). Does Baghdad soft drinks sell water also? I'm not sure now, but I know they will expand their product line.:yes:

[kevlad]

Some background history on Baghdad Soft Drinks Co


History

Pepsi-Cola in Iraq goes back to 1950, when the brand was launched. Pepsi grew to become Iraq's leading soft drink brand, with Baghdad Soft Drinks Company, becoming a Pepsi franchisee in 1984. [3] (http://en.wikipedia.org/wiki/Baghdad_Soft_Drinks_Co#cite_note-2)

However, that relationship ended in 1990, when PepsiCo ceased doing business in Iraq after US and international trade sanctions barred trade with the country.

Hamid Jassim Khamis, serves as managing director, but resigned after he clashed with Uday Hussein (http://en.wikipedia.org/wiki/Uday_Hussein), son of the dictator Saddam Hussein, who bought a 10 per cent share of the company.

During the 2003 invasion of Iraq (http://en.wikipedia.org/wiki/2003_invasion_of_Iraq), the local Pepsi-maker was forced to replace authentic PepsiCo concentrates with counterfeit varieties smuggled in from eastern Europe,[4] (http://en.wikipedia.org/wiki/Baghdad_Soft_Drinks_Co#cite_note-3) due to international regulation.
After 2003, Uday Hussein's stake was frozen and Mr Khamis was brought back. [5] (http://en.wikipedia.org/wiki/Baghdad_Soft_Drinks_Co#cite_note-4)

Coke's rival PepsiCo returned to Iraq in January 2004. A new company with the name The Coca Cola Bottling Company of Iraq has been set up. Coca-Cola drinks are imported into Iraq from Jordan, Turkey and other neighbouring countries. Pepsi Cola had been the only cola in Iraq since the mid-1960s Arab League boycott of israel (http://en.wikipedia.org/wiki/Arab_League_boycott_of_israel), because of Coke's investments in Israel.

Through local lawyers, PepsiCo is trying to re-register its trademark in Iraq, hoping for a crackdown on counterfeiters.


Baghdad Soft Drinks Co (known as: BSDC on the Iraq Stock Exchange (http://en.wikipedia.org/wiki/Iraq_Stock_Exchange)) is a Soft drinks (http://en.wikipedia.org/wiki/Soft_drinks)Bottling company (http://en.wikipedia.org/wiki/Bottling_company) in Iraq (http://en.wikipedia.org/wiki/Iraq).It is the company that has the exclusive licence to sell Pepsi (http://en.wikipedia.org/wiki/Pepsi) products in Iraq (http://en.wikipedia.org/wiki/Iraq).

PepsiCo International (http://en.wikipedia.org/wiki/PepsiCo_International)'s franchise agreement authorises Baghdad Soft Drinks Company to produce and distribute PepsiCo's Pepsi-Cola (http://en.wikipedia.org/wiki/Pepsi-Cola), Seven-Up (http://en.wikipedia.org/wiki/Seven-Up) and Mirinda (http://en.wikipedia.org/wiki/Mirinda) soft drink brands.

Many bottling companies are franchisees (http://en.wikipedia.org/wiki/Franchising) of corporations such as Coca-Cola (http://en.wikipedia.org/wiki/Coca-Cola) and PepsiCo (http://en.wikipedia.org/wiki/Pepsi) who distribute the beverage in a specific geographic region.

It has a staff of ~1,400, and the 2004 agreement with pepsi is expected to create some 2,000 new jobs at Baghdad.

Iraqi Pepsi is currently selling about 7.2 million bottles a month, though this number drops subject to power outages.


http://en.wikipedia.org/wiki/Baghdad_Soft_Drinks_Co


Now Cola Battle Rages in Baghdad
Shino Yuasa • AFP BAGHDAD, 23 June 2003 — With Saddam Hussein’s regime gone, an influx of foreign-made cola brands has poured into Baghdad, sparking a cut-throat soft drinks war against the dominant Iraqi Pepsi Cola.

Pepsi Cola had been the only cola in Iraq since the mid-1960s when the Arab League placed Coca-Cola on a blacklist to protest the US giant’s decision to build a factory in Israel, forcing the company to close its Iraqi plant.

But the Iraqi cola, which comes in a bottle priced at just 16 cents, is now being pushed aside at street stalls and supermarkets by customers grabbing foreign brands, mostly from Iran, Jordan, Saudi Arabia, Syria and Turkey.

“During the Saddam years, we had no choice but Iraqi Pepsi. We were forced to buy it because it was the only thing we could find in the shops,” said Sawsan Rasul, a 38-year-old housewife, at Al-Warda supermarket in Baghdad.

“But now I can buy foreign cola. My favorite is Saudi Pepsi,” she said.

Iraqi Pepsi is currently selling about 7.2 million bottles a month, down more than 60 percent from its pre-war sales figures, but the company attributes the fall to power shortages rather than falling consumer demand.

An influx of imports came after the UN Security Council last month put an end to 13-year-old economic sanctions imposed on Iraq and the US-led coalition introduced a tariff holiday on almost all goods until the end of the year to boost the country’s battered economy.

Ahmed Mohammed, a 54-year-old former government worker and currently jobless, said he liked Lebanese and Kuwaiti Diet Pepsi, adding neither he nor his wife trusted the quality of the Iraqi version.

“I heard that Iraqi Pepsi used expired concentrate during the economic sanctions,” he said.

Hamid Jassim, managing director at Baghdad Soft Drink Co., which produces Pepsi Cola, Mirinda and Seven Up, bitterly disputes Mohammed’s allegation.

“Even during the years of sanctions, we maintained the same quality. Although we faced some difficulties, we managed to produce good quality products,” Jassim said.
“People in Iraq trust our products,” he said.

The Iraqi branch of the company, which started out in the 1950s, used to renew its US license every year and import concentrate from the United States. But after the 1991 Gulf War, it lost the license and the right to import concentrate.
During the economic sanctions, the factory imported concentrate from Europe but had to stop its production line for canned Pepsi when machinery broke down and it was unable to import German-made spare parts.

Iraqis noticed a change in the taste.

“In the 80s, Iraqi Pepsi’s quality was very good. But during the sanctions it tasted very light and not as good. It was just sweet colored-water with no fizz,” said Adel Mohammed, a 40-year-old chicken seller.

“All my family members like Saudi Pepsi. We no longer drink Iraqi Pepsi,” Mohammed said.

His neighbor, Majida Sabur, a 25-year-old sales clerk at a rental wedding dress shop, agreed.

“The quality became very poor during the sanctions. The company must have cheated with some of the ingredients,” Sabur said.

“I prefer Syrian Cola to Iraqi Pepsi,” she said.

Across the street from Majida’s wedding shop, 16-year-old Hussein Hassan carries 10 kinds of soft drinks, including Iraqi Pepsi, but said the top seller was Saudi Pepsi.

“Iraqi Pepsi does not have strong carbonated-acid. Saudi cola sells better than the Iraqi stuff,” the boy said.

Amar Denkha, a 30-year-old store manager at Al-Warda supermarket, said he would stop selling Iraqi Pepsi until the formation of a new Iraqi government, expected within the next two years.

“The (ousted) government had a Quality Control Department at the Health Ministry to check raw materials and ingredients of our products. But since we have no government now, I don’t trust Iraqi products, which could harm our customers,” Denkha said.

“Foreign soft drinks are no longer expensive. Iraqi people can afford to buy them now. They taste better and I trust their quality,” he said.

Pepsi’s Jassim said the company, in which the ousted government held a 25 percent share, was in talks with the US parent company again to renew its license within a few months.

http://www.arabnews.com/?page=6&section=0&article=27837&d=29&m=6&y=2003

Demand for suppliers

08-Jan-2004

Coca-Cola and Pepsi's worldwide dominance of the soft drinks industry relies on an efficient and reliable global supply network. While Coke has been busy awarding its best suppliers, Pepsi has been looking at opportunities that are emerging in post-Saddam Iraq.


PepsiCo International's franchise agreement authorises local bottler Baghdad Soft Drinks Company to produce and distribute PepsiCo's Pepsi-Cola, Seven-Up and Mirinda soft drink brands in an area that includes about 40 per cent of the country's 26 million-plus population.

Pepsi believes the move will help restore a degree of economic stability in the country. The agreement is expected to create some 2,000 new jobs at Baghdad Soft Drinks Company over the next several years, as well as new economic growth opportunities for retailers, distributors and suppliers in the region.


The history of Pepsi-Cola in Iraq goes back to 1950, when the brand was launched. Pepsi grew to become Iraq's leading soft drink brand, and Iraq became one of PepsiCo's largest beverage markets in the Middle East.


A major factor in that success was Baghdad Soft Drinks Company, which became a Pepsi franchisee in 1984.

However, that relationship ended in 1990, when PepsiCo ceased doing business in Iraq after US and international trade sanctions barred trade with the country. The sanctions were lifted in May 2003.


As part of the relaunch of the PepsiCo brands, Baghdad Soft Drinks Company will offer new bottle designs with contemporary graphics as well as extensive marketing support.


"Iraqis have been great supporters of Pepsi over many years, and we're delighted to resume local production," said Saad Abdul-Latif, president of the Middle East/Africa region of PepsiCo International. "We're very fortunate to again be working in partnership with Baghdad Soft Drinks Company, which has the experience, infrastructure and local knowledge to effectively serve the needs of Iraqi consumers."


Baghdad Soft Drinks Company managing director Hamid Jassim said: "As a company that has worked through very difficult circumstances in recent years, we are very excited at the chance to once again bring Pepsi products to the marketplace. We fully expect that in time the Pepsi brands will be even more popular among Iraqis than they have been in the past, particularly as prospects for stability and economic growth improve."





http://www.foodproductiondaily.com/Processing/Demand-for-suppliers

[Crow]

Thanks kevlad! Baghdad Soft Drinks will do good over the coming years, and will be included in pretty much every institutional stock portfolio.:yes:

[TreasureHunter]

Thanks kevlad! Baghdad Soft Drinks will do good over the coming years, and will be included in pretty much every institutional stock portfolio.:yes:



................Any stock with the name PEPSI associated to it ...........

...has gotta be worth a BUNCH one of these days!
:yes:

[triumphantcorp]

Thanks kevlad! Baghdad Soft Drinks will do good over the coming years, and will be included in pretty much every institutional stock portfolio.:yes:


Hey Crow,

What about Northern Soft Drinks ? :clapping:

Triumphantcorp

[Fishindinar]

Crow

What I find to be absolutely amazing is Baghdad softdrinks is the largest softdrink manufacturer in Iraq, yet the share price is just a fraction of a penny. These stocks are actually a better bet than penny stocks.

[24mm exposed grid]

Crow

What I find to be absolutely amazing is Baghdad softdrinks is the largest softdrink manufacturer in Iraq, yet the share price is just a fraction of a penny. These stocks are actually a better bet than penny stocks.

The largest by a long way in terms of overall value, but they also have a very large flotation with 105B shares in circulation. The low appearance of the share price is a product of that large flotation.

Market cap is probably what you need to be looking at rather than just share price alone.

Remember your dollar buys the same percentage of the company, whether it has 105B shares or 105M shares in circulation.

[RoyalBeluga]

Thanks kevlad! Baghdad Soft Drinks will do good over the coming years, and will be included in pretty much every institutional stock portfolio.:yes:

The question is Crow how much upside is there? Thought you said we could realistically expect 10x growth over the coming 2-3 years and x100 growth over the next 10-20 years :thinking:

[RoyalBeluga]

The largest by a long way in terms of overall value, but they also have a very large flotation with 105B shares in circulation. The low appearance of the share price is a product of that large flotation.

Market cap is probably what you need to be looking at rather than just share price alone.

Remember your dollar buys the same percentage of the company, whether it has 105B shares or 105M shares in circulation.

So looking at this realistically they are intending to lop everything, cash isx everything! Right? I mean why have share prices at a fraction of a penny when they simply don't need to, what;s stopping them from just lopping everything right now?

[Fishindinar]

The largest by a long way in terms of overall value, but they also have a very large flotation with 105B shares in circulation. The low appearance of the share price is a product of that large flotation.

Market cap is probably what you need to be looking at rather than just share price alone.

Remember your dollar buys the same percentage of the company, whether it has 105B shares or 105M shares in circulation.

The difference is a 1 dinar share can double, triple, quadruple etc., really fast and still be really cheap to buy 'cause it's an emerging market.

[24mm exposed grid]

So looking at this realistically they are intending to lop everything, cash isx everything! Right? I mean why have share prices at a fraction of a penny when they simply don't need to, what;s stopping them from just lopping everything right now?

Well, you know my opinion, I firmly believe that is what will eventually happen. Best not go there again though. :dull:

[RoyalBeluga]

Well, you know my opinion, I firmly believe that is what will eventually happen. Best not go there again though. :dull:

Yeah but my question is 'whats stopping them'?

[bagdude]

I received a E-Mail from person in Iraq who is familiar with the company stating that the company will have new production facilities online in the near future. Also a new distribution system with warehouses and a lot more new trucks to supply local stores large and small directly. Quality of product will be number one priority. It was also stated that profits in the future could be higher then expected.:yes:

Thanks a lot for posting comment.
We have been waited for this kind of info long time.:party:
Go get profit with this mega manufacturer.

bag

[24mm exposed grid]

The difference is a 1 dinar share can double, triple, quadruple etc., really fast and still be really cheap to buy 'cause it's an emerging market.

When the large capped shares such as Baghdad Soft drinks start doubling and trebling, in a short space of time, then we know we are really on our way.

Until that time, the only ones doubling and trebling in this manner, will likely be the smaller capped ones. The ones that dont take much money to move them. Al Wiaam and Fallujah for Construction recent cases in point.

Having said that, the movement on Al Wiaam and Fallujah could just as quickly reverse. Once a large cap starts to move in that kind of manner, I would suggest it might be a different story.

[24mm exposed grid]

Yeah but my question is 'whats stopping them'?

I don't know, maybe in amongst everything else, budget deficits etc, it is not deemed as important at this point.

However, I pulled this from another thread this morning, posted by someone else. Posted on the research pages of Scott-trade, it should be legit. It does quite clearly state that a decision has been made.

Plus note the date Oct 16,2009
Asked about the exchange rate of the Iraqi Dinar, Al-Zubaydi says the Central Bank is responsible for monetary policy. He says when he first came to the finance ministry he proposed to the governor of the Central Bank to increase the Iraqi dinar rate against the US dollar, and during a recent visit to Turkey he told the governor who was with him that Turkey has devalued its currency against the dollar from 4 million Turkish pounds (TL) to the dollar, to approximately TL 1.5 pounds to the dollar. He says the Central Bank has in fact made a decision on the matter, but its implementation needs time.
Source: Al-Sharqiyah TV, Dubai, in Arabic 1414 gmt 16 Oct 09
BBC Mon ME1 MEPol oy http://research.scottrade.com/public/markets/news/news.asp?docKey=100-298n3117-1&section=headlines

We shall wait and see.

[Fishindinar]

Yeah but my question is 'whats stopping them'?

Stability is extremely important to currencies and stock markets. That is why Zimbabwe has so much trouble with it's markets and currency.

[Crow]

We should hear some news about Baghdad Soft Drinks, been off trading.

[RoyalBeluga]

We should hear some news about Baghdad Soft Drinks, been off trading.

Hope so, I like this stock :rock: Any predictions?

[435613422]

http://www.travelpod.com/travel-photo/rabidnate/out_to_war/1047713640/throwing_pepsi_at_haji.avi/tpod.html


I am bullish on this company. Hopefully, we will get some free shares.



http://www.smilespedia.com/wp-content/gallery/smilespedia/pepsi-logo-vs-coke-logo.jpg

[decormier]

Looking to invest in the isx which companies are the best to invest in thanks all

[435613422]

http://www.pepsico.com/index.html?or=pusa.1067#/flash/tropicana_piechart.swf

look at all the products pepsi owns...I never knew it is this big!

I cannot say what is the best, but IMO:

Baghdad Softdrink (Pepsi)
Warka Bank (Many here bank with them, so we have closer ties)(about 150+ branches + ATMs)
Commercial Bank of Iraq (named best Iraq bank 2009)

Many companies are good, but I'm giving you the three I am most bullish on.

[decormier]

im still waiying on warka i sent all my docs havent heard back yet

[435613422]

Pepsi-Cola, Gatorade, Tropicana, Quaker Oats, and Frito Lay.

Let see if they will market these products in the future..

[cloaked]

We should hear some news about Baghdad Soft Drinks, been off trading.

I hope so. This was the first stock I bought way back when. I proudly display a Pepsi and a Moutain Dew can (writing in Arabic) in my collections hutch. :giggle: .... i know, i know :blush:

free shares? paid up shares? they've been awafully quiet...

[anele]

Baghdad, soft drinks, announced the Baghdad soft drinks out of a contract with the General Authority on Thursday, 2009/12/10 at ten in the morning at the Babel Hotel to discuss transforming the company from the contribution of mixed private contribution so as to lower the state's contribution to (15.4%).

This information from Iraq Stock Exchange
Electronic Trading Session Thursday 26/11/2009, Arabic Part.

[Crow]

Baghdad, soft drinks, announced the Baghdad soft drinks out of a contract with the General Authority on Thursday, 2009/12/10 at ten in the morning at the Babel Hotel to discuss transforming the company from the contribution of mixed private contribution so as to lower the state's contribution to (15.4%).

This information from Iraq Stock Exchange
Electronic Trading Session Thursday 26/11/2009, Arabic Part. Maybe we will see a nice big block of stock trade.:yes:

[RoyalBeluga]

Maybe we will see a nice big block of stock trade.:yes:

12000!!!!!!!!!!!! How does it feel? :giggle:

[Crow]

So the GOI is going to lower it's stake in Baghdad Soft Drinks, very possible there is a large investor interested in the shares. When this has happened before large investors bought the shares from the GOI as a result there are a few investors with large percentage shareholdings in Baghdad Soft Drinks. Will be very interesting to see who picks up these shares.:nerd:

[435613422]

Man, I will be adding more then. Thanks for the breakdown crow.

[iamrealdreamer]

this is my second biggest holding behind Warka, hoping for the best of course. :rock:

[shellie01]

(mumbles) i gotta get more pepsi. I don't even drink it in Texas but by gosh it's gotta be a big one!

[Crow]

The stock hasn't done much over the years, but of course that doesn't mean anything when it does do something.:thinking:

[Kickabuck]

The stock hasn't done much over the years, but of course that doesn't mean anything when it does do something.:thinking:


Nice point, a good example is faj. const., it sat at 1.60-1.80 for a long time, then BAM! Now it's what...6.00??? and growing :flower:

North Bank at 2.00 may be a good one too...they have been keeping their profits and not diluting shares.

[435613422]

Pepsi-Cola, Gatorade, Tropicana, Quaker Oats, and Frito Lay.

Let see if they will market these products in the future..



^ Im reiterating why I buy...All of these products (MANY MORE) are under PEPSI CO.

http://www.pepsico.com/index.html#/flash/tropicana_piechart.swf

PEPSI stock in the USA (BLUE CHIP):

http://www.google.com/finance?rlz=1C1GGLS_enUS307US308&sourceid=chrome&q=pep&um=1&ie=UTF-8&sa=N&hl=en&tab=we

PEPSI BOTTLING & DISTRIBUTION stocks (anything with pepsi is $$$$$$$):

http://www.google.com/finance?q=NYSE:PBG


http://www.google.com/finance?q=NYSE:PAS


:cash::cash::cash::cash:



The dividend in the future is enough for you to live off on if you have enough shares

[RoyalBeluga]

^ Im reiterating why I buy...All of these products (MANY MORE) are under PEPSI CO.

http://www.pepsico.com/index.html#/flash/tropicana_piechart.swf

PEPSI stock in the USA (BLUE CHIP):

http://www.google.com/finance?rlz=1C1GGLS_enUS307US308&sourceid=chrome&q=pep&um=1&ie=UTF-8&sa=N&hl=en&tab=we

PEPSI BOTTLING & DISTRIBUTION stocks (anything with pepsi is $$$$$$$):

http://www.google.com/finance?q=NYSE:PBG


http://www.google.com/finance?q=NYSE:PAS


:cash::cash::cash::cash:



The dividend in the future is enough for you to live off on if you have enough shares


What kind of dividend is realistic and how often do you expect it to be given out? I like this stock it's one of my larger holdings, I agree about it being a no brainer ... PEPSI is PEPSI afterall! :yes:

[435613422]

I don't expect any dividend anytime soon, but the company....IRAQ (if things don't go wrong with the country as a whole) should be fully productive and integrated by the time I'm near retirement age (15-25 years. But if they get there earlier ,then it is better for me and everyone).

The company should be giving dividends from here and there, but for a consistent dividend payment will require patients and time

[RoyalBeluga]

I don't expect any dividend anytime soon, but the company....IRAQ (if things don't go wrong with the country as a whole) should be fully productive and integrated by the time I'm near retirement age (15-25 years. But if they get there earlier ,then it is better for me and everyone).

The company should be giving dividends from here and there, but for a consistent dividend payment will require patients and time

I agree it's a long term thing but when the company is in full swing what kind of dividends are you expecting percentage wise and how often? Hope you can offer your thoughts on this.

[435613422]

"Baghdad Soft Drinks is majority owned by over 30,000 private shareholders. Thirty-five per cent is controlled by state-owned institutions, and a further 10 per cent stake belonged to Saddam Hussein's son Uday. His stake has been frozen by the Finance Ministry."

old article, probably more shareholders now.

http://www.theage.com.au/articles/2004/01/13/1073877825568.html

[MEALTICKET]

So looking at this realistically they are intending to lop everything, cash isx everything! Right? I mean why have share prices at a fraction of a penny when they simply don't need to, what;s stopping them from just lopping everything right now?



I hope that not right. They are going to lop shares.

[24mm exposed grid]

I hope that not right. They are going to lop shares.

I wouldn't worry. If they lop share numbers, each share will be worth proportionately more money, therefore situation neutral.

[RoyalBeluga]

I wouldn't worry. If they lop share numbers, each share will be worth proportionately more money, therefore situation neutral.

.....add in any appreciation of the lopped dinar and we have some nice gains :rock:

Correction: some realistic nice gains :rock:

[D.Liarf]

I hardly drink soft drinks, because of their contents such as high frutose corn surup. But I enjoy Dr Peppper and rootbeer. I just drink them in very small amounts.

[Crow]

I hardly drink soft drinks, because of their contents such as high frutose corn surup. But I enjoy Dr Peppper and rootbeer. I just drink them in very small amounts. Very interesting, thanks for the info......:rolleyes:

[Albus Dumbledore]

Does anyone remeber the closing share price for Baghdad soft drinks the last time it traded? I'm trying to figure out how much ill need to purchase the minimum 200,000 shares of this stock. Thanks

[tipawin]

1.260 per share

[anele]

Does anyone remeber the closing share price for Baghdad soft drinks the last time it traded? I'm trying to figure out how much ill need to purchase the minimum 200,000 shares of this stock. Thanks
Last day of trading - October,27, 2009. Closing share price - 1.260 IQD.

[Albus Dumbledore]

Thankyou where did you find that?

[anele]

Thankyou where did you find that?
ISX website - http://www.isx-iq.net/page/english/bulletins/Electronic/day/2009/10/27-10-2009-e.htm

[Seaview]

Baghdad, soft drinks, announced the Baghdad soft drinks out of a contract with the General Authority on Thursday, 2009/12/10 at ten in the morning at the Babel Hotel to discuss transforming the company from the contribution of mixed private contribution so as to lower the state's contribution to (15.4%).

This information from Iraq Stock Exchange
Electronic Trading Session Thursday 26/11/2009, Arabic Part.

10/12/09

Baghdad Company for soft drinks to discuss the transition from the mixed sector to the private

Baghdad, held its soft drinks, on Thursday, a meeting of its general assembly to discuss transferring the company's contribution to the special mixed to lower the state's contribution to 15%.

Based on data of the stock market (KSE), which has received Agency (Voices of Iraq) a copy of the "Baghdad Company for soft drinks, announced that its General Assembly held on Thursday to discuss transforming the company from the contribution of the private and mixed to a reduction in the state's contribution to the 15,4%."

He said one of the investors in the Iraqi market for securities that "the meeting held today in Hotel Babylon purpose is to convert the company to the private sector to fully contribute to the decrease of rate which the state according to the law," saying the operation was "part of the transition to a market economy where there are a lot of companies within the mixed sector in the Iraqi bourse, but it would not apply all of them being still within the allowable ratio law. "

He added that the investor Baghdad Company for soft drinks "are the most important companies of the industrial sector, which comes first in the volume for the sector when it is within the trading being one of the oldest factories in the soft drinks in Iraq, where he was converted after the nationalization measures in 1964 to plant a government, but it turned in 1986 to a mixed-sector share of ownership of the State with the private sector, "referring to the company" has raised its capital late last year from 84 billion to 105 billion dinars. "

http://ar.aswataliraq.info/?p=187580

[435613422]

Thanks for the news. Awesome

[TreasureHunter]

Does anyone remeber the closing share price for Baghdad soft drinks the last time it traded? I'm trying to figure out how much ill need to purchase the minimum 200,000 shares of this stock. Thanks



I think it was around 1.26 IQD if I remember right?:thinking:

[MEALTICKET]

The big question is are they spliting or giving free dividens.......................................... .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. ....

[435613422]

I want dividend. I don't want dilution of shares

[anele]

The big question is are they spliting or giving free dividens.......................................... .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. ....
ISX Bulletin News mentioned - TRANSFER COMPANY FROM MIXED TO PRIVATE. They did not tell any increase of capital and any dividends or free shares. That would be nice if they decided to do so.

[Virenque]

BSD started trading again. Huge volume of traded shares today, 135 million IQD, drop in a share price of almost -15%. Is that a government-owned part being sold?

[RoyalBeluga]

BSD started trading again. Huge volume of traded shares today, 135 million IQD, drop in a share price of almost -15%. Is that a government-owned part being sold?

Umm .... one of my larger holdings .... that 15% drop hurt! :crying:

[Albus Dumbledore]

Umm .... one of my larger holdings .... that 15% drop hurt! :crying:

Just put an order in today for my first 200,000 shares of this stock. Luckily for me, that 15% drop is a good thing. :yes::smiley:

[ISX-Galore]

Just put an order in today for my first 200,000 shares of this stock. Luckily for me, that 15% drop is a good thing. :yes::smiley:

Good for us new ISX'ers but not good for those that bought higher. For Now!! This is a good company to have it will show great rewards I believe.

[Albus Dumbledore]

I submitted 300,000 Dinar to buy this stock and received this email from the isx department:

Please note that we did not execute your order for purchase of session (2 March 2010) because the minimum stock order is 200000 shares per company and the minimum stock order is 150000 shares per Hotels and I would appreciate if you could amend your stock picks in accordance with the Minimum requirement


Many thanks and best regards,

ISX Dept
Warka Bank for Investment and Finance

What the?

[latefordinar]

I submitted 300,000 Dinar to buy this stock and received this email from the isx department:

Please note that we did not execute your order for purchase of session (2 March 2010) because the minimum stock order is 200000 shares per company and the minimum stock order is 150000 shares per Hotels and I would appreciate if you could amend your stock picks in accordance with the Minimum requirement


Many thanks and best regards,

ISX Dept
Warka Bank for Investment and Finance

What the?re-submit the order requesting to purchase a specific
number of shares ie. 200000 shares not 300000 IQD to purchase X shares.
I have had this happen but not recently.

[Virenque]

I submitted 300,000 Dinar to buy this stock and received this email from the isx department:

Please note that we did not execute your order for purchase of session (2 March 2010) because the minimum stock order is 200000 shares per company and the minimum stock order is 150000 shares per Hotels and I would appreciate if you could amend your stock picks in accordance with the Minimum requirement


Many thanks and best regards,

ISX Dept
Warka Bank for Investment and Finance

What the?I had the same issue a week ago. The problem is that they want to be sure that they can execute your order even if share price is gonna rise. Now the share price is 1.06 IQD but they are going to set a price of more than 1.5 IQD. If the share price rises to 1.6 IQD they can't purchase 200,000 shares with your 300,000 IQD.

That's the problem of semi-electronic trading system. The electronic part is only from broker to ISX. When they'll introduce also an electronic trading system for customers I guess that won't be aproblem anymore because you'll be able to set a price at which you want to buy shares....for now it would be too complicated with all the paper requests sent every day...

[ISX-Galore]

Pepsico did a huge merger today with Pepsi bottleing, don't know for sure if Baghdad Soft Drinks will be affected but their stock shot up today in Iraq and Pepsico here in the states.

PepsiCo (NYSE:PEP - News) announced today that it has completed the $7.8 billion strategic acquisitions of its two largest bottlers, The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc.

http://finance.yahoo.com/news/PepsiCo-Completes-prnews-273387153.html?x=0&.v=1

[Mo Dinar]

What happened to the link we had last month to the new Pepsi Baghdad website?

re-submit the order requesting to purchase a specific
number of shares ie. 200000 shares not 300000 IQD to purchase X shares.
I have had this happen but not recently.

[ISX-Galore]

What happened to the link we had last month to the new Pepsi Baghdad website?

Go to the Stock Exchange and click on Baghdad Soft Drinks you will see it under the company name.

[IraqiXchange]

Pepsico did a huge merger today with Pepsi bottleing, don't know for sure if Baghdad Soft Drinks will be affected but their stock shot up today in Iraq and Pepsico here in the states.


Pretty interesting given that by far the largest expense for Baghdad Pepsi has been the cost of bottling. In the likelihood that IBSD will benefit from this acquisition, profit margins should gain, positively affecting the stock price :yes:

[Virenque]

Huge volume of traded shares of BSD yesterday! Almost 6 billion IQD of shares has been traded, with only 3 million purchased by foreign investors. Anyone knows whats happening? Is it just because of a price fall earlier?