Write - off of Warka Bank for Investment and the inclusion of funding 05-16-2016

[Will-it-happen?]

http://economy-news.net/content.php?id=3654

25th may has been and gone

[Kickabuck]

25th may has been and gone

We've been shut out for roughly 3 years, what's another 6 month wait at this point. Oil is going back to 60-65, good times will return. I'm down roughly 50% on this play with Warka a complete write off. In the event they return to IXS trading, it will be very interesting to see the share price.

One area that chaps my arse is the inability to participate in paid up share offerings. Mamoura Real Estate is a good example, I can't buy my paid up shares, and the stock price gets diluted by those who can. It's a crooked game with no legal recourse.

[Brazileiro]

We've been shut out for roughly 3 years, what's another 6 month wait at this point. Oil is going back to 60-65, good times will return. I'm down roughly 50% on this play with Warka a complete write off. In the event they return to IXS trading, it will be very interesting to see the share price.

One area that chaps my arse is the inability to participate in paid up share offerings. Mamoura Real Estate is a good example, I can't buy my paid up shares, and the stock price gets diluted by those who can. It's a crooked game with no legal recourse.

yeah people have been saying "what's another 6 months, or 1 year" for around 3 years or so...and will probably be saying it again next year. Highly unlikely anything will be done this month, if they even have the meeting that was reported to happen in june,,,nothing much used to get done during ramadan and don't think that has changed,,,all we can do is wait and see what happens,,,

[haggisbasher]

I feel Warka is very close to this imment announcement for AGM and just awaiting the nod from the GOI and that the funds are there to pay Warka in some form to kick start them,
MFI meet the GOI on Thursday to review the release of these funds, then they will enact the deposit law together with a couple of important laws lining themselves for end of Ramadan Mosel liberated,hope I get my trading platform back .my feel good factor is starting to kick in

[Will-it-happen?]

I feel Warka is very close to this imment announcement for AGM and just awaiting the nod from the GOI and that the funds are there to pay Warka in some form to kick start them,
MFI meet the GOI on Thursday to review the release of these funds, then they will enact the deposit law together with a couple of important laws lining themselves for end of Ramadan Mosel liberated,hope I get my trading platform back .my feel good factor is starting to kick in

then again maybe not !!

[haggisbasher]

Maybe the CBI will elect Al-Warka Bank the first bank to initiate insurance for bank deposits law,as compensation with a capial of 100 billion IQD or 100 million USDs.
This is to be a company elected by the CBI to act as a clearance house for insurance transactions, is this to happen end Ramadan ??????

if this were happen it would be great publicity for the GOI & CBI & Warka bank would boost Iraqs
Economy & ISX Baghdad,ISX Erbil Indexs the list can go on and on.

I feel that very soon Iraq moves to article 8, the GOI with the CBI are lining up all their ducks to shoot
This would be a Shia-Sunni-Kirds peace Law offering to all,

End of Ramadan would be an ideal time for movement from Warka in the news then.
Remember Warka Bank will pay the again pay interest on accounts at the end of this 6 month trading year.

[Will-it-happen?]

Maybe the CBI will elect Al-Warka Bank the first bank to initiate insurance for bank deposits law, this is to be a company elected by the CBI to act as a clearance house for insurance transactions, this is to happen june.

9th JUNE , still no mention of anything

[wherbie]

http://www.isx-iq.net/isxportal/file...0_10_41_39.pdf

It doesn't sound very encouraging....but I still hope it will come around...I feel bad for some people who invested a lot of money....I got in early 2005...for 5 K...ouch