Valuations for Iraqi Companies

[IQDFiend]

I am now positioned to purchase as soon as the market opens up...

So, I am trying to pick which companies to buy.

I imagine many here will not think it so important, and I tend to agree, as it would appear that the entire market will go sky-high once the markets open up, and as they say, 'A rising tide raises all boats'. BUT... I would like to try to really know two or three companies really well, and focus most of my resources on them, spreading the rest around evenly.

Anyone have any real hard data on any companies? Where to look, who to talk to? I am talking about accounting numbers, etc so that I can sit down and figure out which companies look really undervalued.

Thanks all!

IQD

[Blake]

Here is some financial information on some of the companies that were also listed on the Baghdad Stock Exchange.

http://www.isx-iq.net/pdffile/isx-giude.pdf

I haven't found time to go through it yet, and i would need a little education on what figures were more most important, but i did have it sent off to a top money manager at Legg Mason who supposedly is a whiz at evaluating undervalued stocks (My stepmom works there and she passed it along to her boss). The message relayed to me from him was that if Baghdad Soda Company really has that much money on hand, he wanted in.

I would be interested in hearing your thoughts on what you see in all of the stocks in that pdf file..

[Nape]

This is an excellent website for finding the intrinsic value of stocks. Make sure to read the whole article. This is how I valued my portfolio. :wave:

http://www.moneychimp.com/articles/valuation/buffett_calc.htm

[Lux]

Here's a nice site that was already posted on this forum.

It appears to be a work in process but it has some limited history on companies as well.

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