Received FREE Capital Shares For Investment Bank Today

[MarkOne]

I wasn't expecting it and was quite surprised to see an e-mail from Warka's ISX Dept. with an attached spreadsheet for 20% Free Capital Shares from Investment Bank!

The Growth Of My Portfolio Continues!:wink:

[RoyalBeluga]

I wasn't expecting it and was quite surprised to see an e-mail from Warka's ISX Dept. with an attached spreadsheet for 20% Free Capital Shares from Investment Bank!

The Growth Of My Portfolio Continues!:wink:

20% ? Wasn't the last free shares 40% ?

[Las vegas Kid]

I got another 20% free shares today also !!!:clapping:

[Kickabuck]

20% ? Wasn't the last free shares 40% ?


No RB, my notes say 20% & 14% April 27, 2009

[Las vegas Kid]

Iraqi Investment Bank 11/1/200619%
Iraqi Investment Bank
8/24/200826% free shares
Iraqi Investment Bank
6/1/200920% free shares Iraqi Investment Bank 10/21/200920%

[MarkOne]

There 'were' 12% Paid Up Shares offered, however, I did not want them.

August 24, 2008
Investment Bank of Iraq - 26.051% Free Shares

June 15, 2009
Investment Bank Of Iraq - 20% Free Shares and 12% Paid Up Shares (1 IQD per Share)

[mnatividad]

I got my shares yesterday for 20% as well. These previous free shares I got for Investment Bank were 26.051%.

[MarkOne]

20% ? Wasn't the last free shares 40% ?


Sounds like you're trying to 'double-up' your Investment Bank Free Shares!:wondering:

Next think you know you'll try to 'double-up' the IQD RV to $6-$7 USD when EVERYONE knows it's going to be 1 IQD = $3.46 USD!:rofl:

[Kickabuck]

There 'were' 12% Paid Up Shares offered, however, I did not want them.

ok MarkOne, explain yourself here :eek: That's like not wanting a really cool puppy that shows up on your front doorstep, with a stick in it's mouth :biggrin:

[RoyalBeluga]

Sounds like you're trying to 'double-up' your Investment Bank Free Shares!:wondering:

Next think you know you'll try to 'double-up' the IQD RV to $6-$7 USD when EVERYONE knows it's going to be 1 IQD = $3.46 USD!:rofl:

.............. :blush: I was never good at math :giggle:

[MarkOne]

ok MarkOne, explain yourself here :eek: That's like not wanting a really cool puppy that shows up on your front doorstep, with a stick in it's mouth :biggrin:


I do 'always' accept food that's left on my doorstep, however, this is the ISX!:rofl:

I carefully pick and choose what I want and I was more interested in the Paid Up Capital Shares from Economy Bank - especially when I know that they apply the Free Capital Shares percentage to my existing shares AND the Paid Up Capital Shares combined!

Economy Bank gave 72.5% (I received 73%) Free Shares and they offered 63% Paid Up Shares (which I accepted).

Warka, for some reason, adds any Paid Up Shares (if you wanted them) to shares that you already own and THEN they give you the Free Shares based on your NEW total.

So, 'if' you had 1,000,000 shares of Economy Bank, then:

1,000,000 shares x 63% Paid Up Shares = 1,630,000 shares.
1,630,000 shares x 73% Free Shares = 2,819,900 Total Shares
Current Value = 6,288,377 IQD ($5,374.68)

'If' you had 1,000,000 shares of Investment Bank, then:
1,000,000 shares x 12% Paid Up Shares = 1,120,000 shares.
1,120,000 shares x 20% Free Shares = 1,344,000 Total Shares
Current Value = 1,800,960 IQD ($1,539.28)

Economy Bank 'was' trading at approximately 4 IQD before the Paid/Free Shares and now trades at 2.23 IQD. Investment Bank was trading at approximately 1.6 before the Paid/Free Shares and now trades at 1.34. The Paid Up Shares for both was 1 IQD, however, there were far more offered with Economy Bank and the potential profit return was higher 'if' I were to sell the Paid Up Shares - which I will NOT! I am still in acculation mode and am not very interested in Paid Up shares of companies that are currently trading at just over 1 IQD.

Admittedly, I did pay MORE for Economy Bank to begin with (2.27 IQD) compared to Investment Bank (1.31), however, after my numerous Free Shares and Paid Up Shares, Economy Bank is down to 1.17 IQD and Investment Bank is down to 0.94 in my portfolio.

If I had UNLIMITED funds, then I would simply buy anything that came along (for the most part), however, since I do not, then I pick and choose very carefully what I want to buy (Paid Up Shares).

I do recommend that anyone who has small quantities of shares to take advantage of the Paid Up Shares, especially if the current share price is HIGHER than the 1 IQD for the Paid Up Shares. It is a great way to build up your portfolio at a discounted price.

[cowpoke]

Got mine as well, and Ditto Mark, I was surprised to get an Email Today..

[Kickabuck]

I do 'always' accept food that's left on my doorstep, however, this is the ISX!:rofl:

I carefully pick and choose what I want and I was more interested in the Paid Up Capital Shares from Economy Bank - especially when I know that they apply the Free Capital Shares percentage to my existing shares AND the Paid Up Capital Shares combined!

Economy Bank gave 72.5% (I received 73%) Free Shares and they offered 63% Paid Up Shares (which I accepted).

Warka, for some reason, adds any Paid Up Shares (if you wanted them) to shares that you already own and THEN they give you the Free Shares based on your NEW total.

So, 'if' you had 1,000,000 shares of Economy Bank, then:

1,000,000 shares x 63% Paid Up Shares = 1,630,000 shares.
1,630,000 shares x 73% Free Shares = 2,819,900 Total Shares
Current Value = 6,288,377 IQD ($5,374.68)

'If' you had 1,000,000 shares of Investment Bank, then:
1,000,000 shares x 12% Paid Up Shares = 1,120,000 shares.
1,120,000 shares x 20% Free Shares = 1,344,000 Total Shares
Current Value = 1,800,960 IQD ($1,539.28)

Economy Bank 'was' trading at approximately 4 IQD before the Paid/Free Shares and now trades at 2.23 IQD. Investment Bank was trading at approximately 1.6 before the Paid/Free Shares and now trades at 1.34.

Admittedly, I did pay MORE for Economy Bank to begin with (2.27 IQD) compared to Investment Bank (1.31), however, after my numerous Free Shares and Paid Up Shares Economy Bank is down to 1.17 IQD and Investment Bank is down to 0.94 in my portfolio.

If I had UNLIMITED funds, then I would simply buy anything that came along (for the most part), however, since I do not, then I pick and choose very carefully what I want to buy (Paid Up Shares).

I'm still reading...we need more posts like this, posts that take time and thought to absorb. Really cool of you to share the stats and lend the insight, thank you for the detail. I'm tossing 24MM, Crow, & Seaview aside, you are my new "Leader"...this week anyway :biggrin:. What a great group of people we have here...this should make people think...and rethink their investment strategies. :yes:, you don't mind if I call you "Mark" do you? :biggrin:

[MarkOne]

Well, Mark is my name! I just put the 'one' after it in case another one showed up!:rofl:

Don't throw them aside, even just for this week!

Each offers very important information and insight and I wouldn't have many of my current stocks if not for Crow! Whether he likes it or not, he gets the credit that's due him! Looking back, alot of what was said and offered by him (and others) was common sense, but I was doing more listening than thinking and I got very lucky! Seaview has been diligent in finding very important articles and always has excellent input and 24mm is a very valuable and logical member of this forum!

I can't tell you how many times I've woken up from my Over The Sand Dune Dream and realized that I saw Crow there, and Seaview, and 24mm... oh my! Puppy Stew gives me the strangest dreams!:rofl:

[RoyalBeluga]

I'm still reading...we need more posts like this, posts that take time and thought to absorb. Really cool of you to share the stats and lend the insight, thank you for the detail. I'm tossing 24MM, Crow, & Seaview aside, you are my new "Leader"...this week anyway :biggrin:. What a great group of people we have here...this should make people think...and rethink their investment strategies. :yes:, you don't mind if I call you "Mark" do you? :biggrin:

:thinking: not quite sure Crow is into that sort of thing ...... :giggle:

[MarkOne]

:thinking: not quite sure Crow is into that sort of thing ...... :giggle:


Too bad we don't have someone named 'salad' on this forum!:tmi: (probably not a good joke for this forum)

[RoyalBeluga]

Too bad we don't have someone named 'salad' on this forum!:tmi: (probably not a good joke for this forum)

It's respectful to laugh at a joke nonetheless so .... :giggle:

[Kickabuck]

Well, Mark is my name! I just put the 'one' after it in case another one showed up!:rofl:

Don't throw them aside, even just for this week!

Each offers very important information and insight and I wouldn't have many of my current stocks if not for Crow! Whether he likes it or not, he gets the credit that's due him! Looking back, alot of what was said and offered by him (and others) was common sense, but I was doing more listening than thinking and I got very lucky! Seaview has been diligent in finding very important articles and always has excellent input and 24mm is a very valuable and logical member of this forum!

I can't tell you how many times I've woken up from my Over The Sand Dune Dream and realized that I saw Crow there, and Seaview, and 24mm... oh my! Puppy Stew gives me the strangest dreams!:rofl:

Mark, those three know I'm kidding and that I would be nowhere without them, there are so many more like Chaka, War Eagle, Shellie01, Cloaked, anele, RB (I think :yelrotflmao:) any many others. I'm just glad I arrived here and found friends like these...good times are ahead, I truly believe we are way ahead of the curve and will share great success stories in the future :biggrin:

[RoyalBeluga]

Mark, those three know I'm kidding and that I would be nowhere without them, there are so many more like Chaka, War Eagle, Shellie01, Cloaked, anele, RB (I think :yelrotflmao:) any many others. I'm just glad I arrived here and found friends like these...good times are ahead, I truly believe we are way ahead of the curve and will share great success stories in the future :biggrin:

.......... :crying:

[Kickabuck]

.......... :crying:

Buck up buddy, you need to be prepared when others lean on you for advice in the near future. Your bank stocks are just what Mark :biggrin: outlined... But, be patient, not everyone will understand why "paid up" shares should be passed up! I didn't :yelrotflmao: lol, I love being a rookie

[RoyalBeluga]

Buck up buddy, you need to be prepared when others lean on you for advice in the near future. Your bank stocks are just what Mark :biggrin: outlined... But, be patient, not everyone will understand why "paid up" shares should be passed up! I didn't :yelrotflmao: lol, I love being a rookie

Paid up shares should be passed up, why?

[Kickabuck]

Paid up shares should be passed up, why?


OK RoyalBeluga, this is your last chance!!! :yelrotflmao: Go back to the top and read from here : "There 'were' 12% Paid Up Shares offered, however, I did not want them."

[Las vegas Kid]

Paid up shares should be passed up, why?

You should NEVER pass up buying paid up shares !!! unless of course you dont have the money !!!:rock:

[RoyalBeluga]

OK RoyalBeluga, this is your last chance!!! :yelrotflmao: Go back to the top and read from here : "There 'were' 12% Paid Up Shares offered, however, I did not want them."

Why not? :rock:

[RoyalBeluga]

If you ask me I think it's silly to pass up paid up shares, you can't go wrong at 1 dinar a share :wondering:

[Kickabuck]

If you ask me I think it's silly to pass up paid up shares, you can't go wrong at 1 dinar a share :wondering:

I honestly tried :biggrin:

[MarkOne]

If you ask me I think it's silly to pass up paid up shares, you can't go wrong at 1 dinar a share :wondering:


The minimum purchase for bank/company shares is 200,000 shares.

Most Paid Up Capital Shares offers have been over 20%. I would NOT be interested in, nor did I participate in the following Paid Up Shares offers:

Iraqi Islamic Bank
Baghdad Soft Drinks
Summer Commercial Bank
National Bank
... etc.

I have over 1,000,000 shares of each. I do not want to pay more for a stock than what I can buy it for, nor, am I in a rush to participate in Paid Up Shares of something that I am able to normally buy at around 1 IQD.

At any given time, I only have so much IQD in my Warka Account. Because of this, when an offer comes up, I decide whether it is truly worth the purchase. It can be argued that a Paid Up Share for 1 IQD is a good deal on a stock that normally trades at 1.25 IQD as that is a 25% Profit Potential 'should' I decide to sell it (it is VERY unusual for me to sell a stock), but USUALLY when a stock comes back after a Free or Paid Up offering it comes back low and might stay that way for a while. Bank stocks are not Rare or hard to come by (for the most part), so I would rather skip the small offerings and hold out for larger ones:

Karbala Hotels
Economy Bank
United Bank
Modern Construction
Carton Products
Ashour Hotel
...etc.

That being said, if I only had 5,000 or 30,000 or 200,000 shares of any company offering Paid Up Shares, then YES, I would most likely buy what I could because I may not want or be able to afford the 200,000 share minimum.

It truly depends on your position and what you are trying to accomplish. For me, in many cases, it just doesn't make much sense for me to use the IQD that I have in the bank for something that is for sale somewhere near the 1 IQD Paid Up Share offer price.

I am VERY sure that MANY of the stocks on the ISX are going to be worth MANY times their current value, but if you owned and could spend 100,000 IQD on an offering from Iraqi Islamic Bank -or- on an offering from Ashour Hotels... which would you take???

[Kickabuck]

if you owned and could spend 100,000 IQD on an offering from Iraqi Islamic Bank -or- on an offering from Ashour Hotels... which would you take???


I cut out the "gold" you provided to throw non-believers off the trail...let's see, this is a trick question right? Warka just bought 10 Billion shares of Islamic right? They now control their Bank...Give me islamic?:shhh: :flower: :cash:

LOL, Mark...is Ashour it the right answer, slap me :biggrin: OUCH!!!!

[williambedloe]

I got mine today as well! Sweeeeeet!:wink:

[War Eagle]

I got mine todAY

[cloaked]

Mark, those three know I'm kidding and that I would be nowhere without them, there are so many more like Chaka, War Eagle, Shellie01, Cloaked, anele, RB (I think :yelrotflmao:) any many others. I'm just glad I arrived here and found friends like these...good times are ahead, I truly believe we are way ahead of the curve and will share great success stories in the future :biggrin:


you don't have a mean bone in your body! and how can anyone not just love RB! :rock:

[cloaked]

how come i'm always slow to get my free shares? :headbang:

[shellie01]

I didn't get mine either cloaked but i'm sure santa didn't forget us....

Kix- awww (hugz)

[RotaryRevn]

I didn't get mine either cloaked but i'm sure santa didn't forget us....

Kix- awww (hugz)

I got mine yesterday as well. Usually im about last to get them (just got my warka a few days ago).
Posted via Mobile Device

[cloaked]

I didn't get mine either cloaked but i'm sure santa didn't forget us....

Kix- awww (hugz)

thanks shells... well i believe in santa so i am not worried :giggle:

[crazyfrank]

I just caught some mail on this myself, but seems I am so cornfused by this............... this mail said its from "Investment Bank", is there another name for this bank, something like Islamic Investment bank? is that the same bank or is this a seperate bank? I know there is Middle east Investment bank, but that again is a seperate bank.

are there three different banks with the prime name "Investment"?

[War Eagle]

Maybe shellie and Cloaked,ya'll aren't bribing the right people!!!

[War Eagle]

Just kidding,of coarse

[MarkOne]

I just caught some mail on this myself, but seems I am so cornfused by this............... this mail said its from "Investment Bank", is there another name for this bank, something like Islamic Investment bank? is that the same bank or is this a seperate bank? I know there is Middle east Investment bank, but that again is a seperate bank.

are there three different banks with the prime name "Investment"?


The shares you received are for:
Investment Bank of Iraq

The other two banks that you mentioned are:
Iraqi Islamic Bank (I do not know if the word 'investment' is within this banks name)
Middle East Investment Bank

[gradwell]

have 5millio in ebril to invest need a local parthner please help

[cloaked]

OK RoyalBeluga, this is your last chance!!! :yelrotflmao: Go back to the top and read from here : "There 'were' 12% Paid Up Shares offered, however, I did not want them."

awwww RB :giggle: you're too cute!

got my paid up shares today! :party: certificate is gorgeous! :inlove:

[shellie01]

Am I the last one on this deal? I haven't received my free Investment Bank shares. (pouty face) anyone else not get theirs yet? I'm attempting this patience thing.....

[billh]

No Shares For Me !!! Now if 24mm has his shares already, I'll really be worried. It seems we are usually at the back of the shares line keeping each other company.

[24mm exposed grid]

No Shares For Me !!! Now if 24mm has his shares already, I'll really be worried. It seems we are usually at the back of the shares line keeping each other company.

I dont hold Investment Bank Bill, so I'm afraid you'll have to go on that one alone.

I'll be more than happy to hang around at the back of the Al-Marmoura queue with you though instead ! :nod:

[billh]

I dont hold Investment Bank Bill, so I'm afraid you'll have to go on that one alone.

I'll be more than happy to hang around at the back of the Al-Marmoura queue with you though instead ! :nod:

Hopefully our wait will not be long.