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Thread: Warka bank agm update

  1. #1
    Supporter and Investor! haggisbasher's Avatar
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    Warka bank agm update

    Sent message to mohammad i kassa yesterday morning asking if my warka ipo buy request was in order, here is his response i got just now.

    Dear sir,
    your request has been well recivied where our brokerage office in collaberation with our shareholders department will process it accordingly.

    Please note that this process according to standard procedures and guidelines takes approx.8-12 weeks from the date of holding agm, the date of holding agm and the finalization of assembly procedures will be postedon our website news bulletin board well updatingour fine shareholders where we are currently waiting for the iraqi companies registration office the related authority to set and confirm the date of the agm.

    Best regards.

  2. #2
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    thanks for the info HB. Looks like Warka is no closer to having a date for the General Assembly meeting now than they were back in March. What a shame it takes so long to do anything there.

  3. #3
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    Dear Sir,


    Please note that this process according to standard procedures and guidelines takes approximately 8-12 weeks from the date of holding the general assembly meeting. The date of holding the general assembly meeting and the finalization of assembly procedures will be posted on our website news bulletin board well updating our fine shareholders where we are currently waiting for the Iraqi Company Registration Office the related official authority to set and confirm the date of the general assembly meeting.



    Best regards,


    This is the response I got after following up with buying shares.

    So it will still take at least 8 weeks AFTER the meeting lol

    Hey Mike, it looks like you got plenty of time to buy back in.


    On a brighter note, it's not like the ISX is going to jump 10000% overnight.

    MONEY NEVER SLEEP$

  4. #4
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    Quote Originally Posted by What If.... View Post
    Dear Sir,


    Please note that this process according to standard procedures and guidelines takes approximately 8-12 weeks from the date of holding the general assembly meeting. The date of holding the general assembly meeting and the finalization of assembly procedures will be posted on our website news bulletin board well updating our fine shareholders where we are currently waiting for the Iraqi Company Registration Office the related official authority to set and confirm the date of the general assembly meeting.



    Best regards,


    This is the response I got after following up with buying shares.

    So it will still take at least 8 weeks AFTER the meeting lol

    Hey Mike, it looks like you got plenty of time to buy back in.


    On a brighter note, it's not like the ISX is going to jump 10000% overnight.


    it might

    https://www.wsj.com/articles/worried...cks-1522580403

  5. #5
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    Quote Originally Posted by What If.... View Post
    Hey Mike, it looks like you got plenty of time to buy back in.

    On a brighter note, it's not like the ISX is going to jump 10000% overnight.

    I have to agree with you What If. I think Warka is still trying to raise their capital to the 250 billion iqd.

  6. #6
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    Quote Originally Posted by Will-it-happen? View Post
    hey WIH did you see the date of the article? 1 April ! A sign maybe? lol

  7. #7
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    Quote Originally Posted by Will-it-happen? View Post
    lol

    no


    that was from 3 months ago, how much has the ISX increased and who is concerned with meltdown? Have you noticed the DOW and the 1.5T increase in wealth Trump has help create.

    That's besides the point of how markets work....

    It MIGHT double if we're lucky. Iraq has a LOONNGG road ahead... I just wish Warka would pull their heads out of their asses....

    JMO
    MONEY NEVER SLEEP$

  8. #8
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    Quote Originally Posted by What If.... View Post
    how much has the ISX increased,,,
    here ya go. ISX 3 year history...

    ISX.jpg

  9. #9
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    Quote Originally Posted by Brazileiro View Post
    here ya go. ISX 3 year history...

    ISX.jpg
    Thanks, I tried looking for it in the website.
    MONEY NEVER SLEEP$

  10. #10
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    Quote Originally Posted by haggisbasher View Post
    Sent message to mohammad i kassa yesterday morning asking if my warka ipo buy request was in order, here is his response i got just now.

    Dear sir,
    your request has been well recivied where our brokerage office in collaberation with our shareholders department will process it accordingly.

    Please note that this process according to standard procedures and guidelines takes approx.8-12 weeks from the date of holding agm, the date of holding agm and the finalization of assembly procedures will be postedon our website news bulletin board well updatingour fine shareholders where we are currently waiting for the iraqi companies registration office the related authority to set and confirm the date of the agm.

    Best regards.

    HB,

    based on this e-mail time frame, were they saying to you that its not too late at this point to place an order today for the 1 IQD share offer?
    E Pluribus Unum
    This note is legal tender for all debts, public and private.

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