April 22, 2021
We have added a new and very expensive stock which is why this stock count didn’t go up a lot. We have added HBAY (Babylon Hotel) which brings us to a total of seven different stocks.
1,596,632,815 Shares
8 thoughts on “1,596,632,815 Shares”
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Hotels and stocks with high dividends can be very lucrative.
With a 1.5 dinar dividend return per share at a stock value at 77 dinar I believe the better value is Asia Cell a 9 dinar per share value. Asia Cell has a historical dividend annual return of 1 dinar per share.
Babylon Hotel announced a dividend payment of 150% for 2019. We can play all the guessing games we want to, but none of us have any idea what is going to happen or which stocks are going to be outstanding post rate change. Since we have no idea, we need to invest in those that have a good history or what we think will be the outstanding stocks when the rate does change. We may select a stock which doesn’t do what we hoped, but some could far surpass our expectations. I think Babylon Hotel could very well be one of the latter.
True, Babylon Hotel announced a 150% cash dividend payment. The question is 150% of what. According to Rabees Securities, the premier Securities Brokers in Iraq, dividend payments are based per IQD share not the value of the share.
http://www.rs.iq/
The GOI seems to be gearing up folks for BIG INVESTMENT coming into Iraq.
The Iraqi government directs to open up to the countries of the world
April 22, 2021
At this hour from Iraq tonight:
The Iraqi government directs to open up to the countries of the world.
https://www.radiosawa.com/iraqtonight/2021/04/22/%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D9%86%D9%81%D8%AA%D8%A7%D8%AD-%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D8%B9%D8%A7%D
There doesn’t seem to be any bad news out there. As long as Kazemi is committed to applying pressure to keep Iranian influence out, then international big business will want to come in. $$$.
We may be on the edge of wetness folks!
🙂 🙂 🙂
“ The Iraqi economy is preparing to achieve a technological leap that could allow it to overcome the structural problems and corruption gaps that suffocate the private sector, as the Iraqi Trade Bank will launch on the first of next May its application for financial services via mobile phone.”
Freedom of movement of capital only means investors will start to pour into Iraq. I smell big money will start to move SOON…. 🙂
Al-Kazemi advisor outlines the positives for removing Iraq from the list of high-risk countries for money laundering
04/24/2021
The Prime Minister’s Adviser for Financial Affairs, Mazhar Muhammad Salih, today, Saturday, identified several advantages for removing Iraq from the British list of high-risk countries for money laundering.
Saleh said in a statement to the official Iraqi News Agency (INA): “The monetary authority realizes that Britain and the London Financial Market in particular is the first global financial center.”
He added, “The step taken by the United Kingdom in the field of strengthening the governance of international financial work for Iraq by removing the name of Iraq from the list of countries with high risks in the subject of money laundering and terrorist financing crimes, will provide the Iraqi financial market with a greater confidence of the international financial community towards Iraq and its banking institutions.
As it has a high degree of reliability and low business risks in its financial dealings, especially in the circulation of funds and their use and the importance of this in providing a sound and safe economic investment environment.
Saleh explained,”This is a result of the high diplomatic efforts made by the Central Bank of Iraq in monitoring the flow of funds within the framework of international financial cooperation, which is reflected in the active membership of Iraq, the Iraqi Anti-Money Laundering Office, and the role of the international financial work team for the Middle East and North Africa since 2004 until the time.” the present”.
He stated that “removing Iraq from the British list, which classifies dangerous countries in the issue of money laundering and terrorist funds, will be a pillar in maximizing the international investment climate and international investors to work in Iraq and invest in it in all areas without legal risks or exposing them to accountability for that, as well as expanding horizons.”
Safe credit dealings between Iraqi banks and British banks, which will provide lines of credit to all Iraqi banks by British banks at the lowest costs in conducting banking transactions.
He continued that “the positive British assessment resulting from raising the name of Iraq from the high-risk countries on the British list in the field of combating money laundering, and in this positive form will enhance the degree of credit rating of Iraq and give confidence to the three European bonds for Iraq that are currently traded in global capital markets, whose value is close to less.”
From 5 billion dollars, as well as that it will enhance the creditworthiness of Iraq when conducting the next credit rating, which means that the Iraqi environment has become positive, attractive and encouraging for work and international economic activity. ”
The Central Bank of Iraq announced, last Sunday, the issuance of a decision by the British Treasury not to include Iraq in the British classification of high-risk countries, indicating that this will positively affect the facilitation of business and the entry of companies between the two countries.
https://baghdadtoday.news/ar/news/151893/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A-%D9%8A%D8%AD%D8%AF%D8%AF-%D8%A7%D9%8A%D8%AC%D8%A7