Page 1 of 2 12 LastLast
Results 1 to 10 of 13

Thread: Bank Stock Opinion

  1. #1
    Junior Member
    Join Date
    Mar 2013
    Posts
    16

    Bank Stock Opinion

    I just opened an account with broker and I am looking to buy some bank stocks.

    My top 5 picks
    BBOB - Bank of Baghdad
    BIME - Iraqi Middle East Investment Bank
    BNOR - North Bank
    BDSI - Dar Essalam Investment Bank
    BKUI - Kurdistan International Bank
    (other banks that I am considering investing in are: BUND, BIBI, BBAY, BGUC, BMNS, BSUC, BASH and BCOI)

    My question
    BBOB is making new 3 month highs, is it worth waiting for it to drop and then buy (that's if it will drop) or just buying it a current price? It went up from 1.80 to 2.07.

    Just asking for personal opinion/experience.

    Thanks

  2. #2
    Supporter and Investor!
    Join Date
    Jan 2009
    Posts
    2,142
    Dump BDSI from the list and add Credit Bank based on the merit they may become a gateway to the ISX for foreign investors. The other 4 are top notch. Look closely at Gulf, Union, & Economy. BMFI has potential, it's worthy of a small play. Welcome aboard.

  3. #3
    Hello Serj. I own All the private banks. I am Heavier in the top banks you listed above. Buy BBOB when you get the chance. Price will be much higher years from now. I haven't sold one of my 51 stocks since i got into this investment. My strategy is to buy 1,000,000 shares of any company regardless of share price and Hold. I own companies in industry, insurance, investment, hotels, agriculture, service and Telcomm sectors. Take a look at iraqi for seed production (AISP). Price doubled since I bought more than million shares of it. It is giving out a 50% dividend and more free shares!! I am racking up free shares and dividends like crazy this year!!!!! I think the real gems will come from some of these overlooked stocks in insurance and even investment!! Good luck to ya

  4. #4
    Junior Member
    Join Date
    Mar 2013
    Posts
    16
    Thanks guys for the tips. I only have couple millions of IQD to invest now, but hopefully will add some more over time.

  5. #5
    Supporter and Investor!
    Join Date
    Apr 2008
    Location
    here
    Posts
    1,386
    Quote Originally Posted by ISX Junkie using Aljazera View Post
    Hello Serj. I own All the private banks. I am Heavier in the top banks you listed above. Buy BBOB when you get the chance. Price will be much higher years from now. I haven't sold one of my 51 stocks since i got into this investment. My strategy is to buy 1,000,000 shares of any company regardless of share price and Hold. I own companies in industry, insurance, investment, hotels, agriculture, service and Telcomm sectors. Take a look at iraqi for seed production (AISP). Price doubled since I bought more than million shares of it. It is giving out a 50% dividend and more free shares!! I am racking up free shares and dividends like crazy this year!!!!! I think the real gems will come from some of these overlooked stocks in insurance and even investment!! Good luck to ya
    u reckon BROI trumps BDSI ?

    I bought BDSI at 6.75 now look at them, wonder what HSBC will do with this investment

    also any news when other banks will get custodian services ?

    wonder if maybe i should just cut my loses on BDSI and go into BROI ?!?! hmmmmmm

  6. #6
    Junior Member
    Join Date
    Mar 2013
    Posts
    16
    Quote Originally Posted by Will-it-happen? View Post
    u reckon BROI trumps BDSI ?

    I bought BDSI at 6.75 now look at them, wonder what HSBC will do with this investment
    That's why I was thinking of buying BDSI. It went down from 3.5 to 2.8, but who knows how low it will go.

  7. #7
    Quote Originally Posted by Will-it-happen? View Post
    u reckon BROI trumps BDSI ?

    I bought BDSI at 6.75 now look at them, wonder what HSBC will do with this investment

    also any news when other banks will get custodian services ?

    wonder if maybe i should just cut my loses on BDSI and go into BROI ?!?! hmmmmmm
    I think the majority of us here have taken a loss with BDSI. I am still going to hold. No point in selling now after it has lost more than half it's value. I will wait for price to go back up or wait till the stock tanks. I knew there would be risk in this market. Yes I would definitely get into BROI. I bought shares of this stock 3 years ago and am up in all my purchases. Bank gives out free shares as well.

  8. #8
    Supporter and Investor!
    Join Date
    Apr 2008
    Location
    here
    Posts
    1,386
    Quote Originally Posted by ISX Junkie using Aljazera View Post
    I think the majority of us here have taken a loss with BDSI. I am still going to hold. No point in selling now after it has lost more than half it's value. I will wait for price to go back up or wait till the stock tanks. I knew there would be risk in this market. Yes I would definitely get into BROI. I bought shares of this stock 3 years ago and am up in all my purchases. Bank gives out free shares as well.
    OK so I gonna hang on, any news on HSBC's review into Iraq ?

  9. #9
    Supporter and Investor!
    Join Date
    Apr 2008
    Location
    here
    Posts
    1,386
    man, down even more today

  10. #10
    Supporter and Investor!
    Join Date
    Sep 2008
    Posts
    1,552

    Compass

    Quote Originally Posted by serj View Post
    I just opened an account with broker and I am looking to buy some bank stocks.

    My top 5 picks
    BBOB - Bank of Baghdad
    BIME - Iraqi Middle East Investment Bank
    BNOR - North Bank
    BDSI - Dar Essalam Investment Bank
    BKUI - Kurdistan International Bank
    (other banks that I am considering investing in are: BUND, BIBI, BBAY, BGUC, BMNS, BSUC, BASH and BCOI)

    My question
    BBOB is making new 3 month highs, is it worth waiting for it to drop and then buy (that's if it will drop) or just buying it a current price? It went up from 1.80 to 2.07.

    Just asking for personal opinion/experience.

    Thanks
    I am selling my Kurdistan Bank holdings. Regardless of potential. I recently became aware this was a 'Muslim' bank structure and not a standard bank structure. When I got into this investment it was two fold. One to make money and one to assist a 3rd world culture in becoming a civilized culture. While I understand that not all Muslims support the terror that is going on in the world on behalf of their religion not enough are standing up in protest. Their silence supports the outcome which is terrorism. I consider investment in this bank to be, albeit indirectly, potential blood money I will not provide. Let me categorically state I have no reason to believe or know of any wrong doings in this regard with KDUI however owning shares in this structure bank may validate those other banks of the same structure that may not be as clean as KDUI (once again no evicence either way.)

    All IMHGO. Simply a symbolic move on my part that will mean nothing in the big picture however a position I personally need to take to support my beliefs.
    ---------------------------------------------------------------
    "Sumerian News", that "the real value of the coin is the value of goods received by the individual and on the strength of the national economy"

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered byvBSocial.com and Block Facebook