1,596,992,815 Shares

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April 25, 2021

We still have some funds to purchase even more Babylon Hotel (HBAY) shares. We increased to 495,000 shares and still have just over 31 million dinar to add more as they are able to purchase them.

4 thoughts on “1,596,992,815 Shares”

  1. Andrew

    I must say 150% in dividend payments is pretty remarkable.

    ANDY Wrote: “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.”

    1. Rudy

      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 yields are calculated by dividing the dividend percentage to 1 IQD not the value of the share.
      http://www.rs.iq/

  2. Andrew

    Thanks Rudy. Very good question. I am sure things will become clearer sooner rather than later with what they mean. Still, I am sure Babylon Hotel is a good stock investment.

    1. Rudy

      Babylon Hotel is a great stock investment. It jump to 83 dinars overnight. I would like to see 100 million shares of AsiaCell in the portfolio first before adding new stock.

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