I have started this and removed previous posts from Blake's thread as I started to go into the economy etc a little more than I was concentrating on actual shares and stock choices.
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At the moment, I have over 300 pages of info to read.
Two of the main things I will be reading are:-
Baghdad Stock Exchange (June 2003), this contains info on many companies. Their turnover, assets, profit margin etc etc.
Iraq - Economic Review & Prospects II (Jan 2004), I've only had a chance to flick through this one so far. It seems to be a broader view of Iraq's situation with regard to oil, electrical supply etc etc.
The one thing I would say to look out for is dates. Before the numerous wars Iraq fought, it was the WORLDS BIGGEST dates producer. It has fertile land and (can have) a good water source (from the rivers I believe).
The one thing that will hold Iraq's Economy back A LOT will be debt. They will continue to struggle for decades unless some of the debt it written off. With the help of the USA, they may achieve around 65% write off. This alone should boost the Dinar. However, if you want to help, see my sig below.
Once I've read these docs, I will post again and give my (then more educated) choices. With any luck, I'll have already bought into them too.
Regards,
HJS.
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