October 4, 2020
Here is our current stock count. We will be adding one million shares of TASC from each wire until we have reached 50 million shares. The remaining from each wire will go toward another of the 5 stocks we have until each have reached 100 million shares. That is the current plan.
Thanks for the update Andy. Here is a question….I have often heard that cement will be a big deal over there once reconstruction begins. Are there any reconstruction companies Woolard is invested in right now or plans to invest in , in the near future before the currency is reinstated? Thanks in advance.
SMRI – Mamoura Real Estate is a construction and real estate stock. I talked to our brokers and they suggested this over any others as far as a construction growth and performance stock. This is their description on the ISX site “Purchase of land and real estate, construction and reconstruction of land, carrying out design, supervision and implementation processes for residential, commercial and tourism complexes”.
We currently have 5,000,000 shares and will grow this one substantially as we get more funds.
We all know that IRAQ is going to be busy for many many years to come rebuilding Mosul as well as many other parts of the country and being invested in SMRI is a great opportunity (and wise one) for mass profits and potential for YEARS down the line . The stockbroker sounds like a smart man (and knows which stocks to keep an eye out for ) as I have heard George say many good things about him in the videos. Thanks Andy!
Perfect! Thank you!
Look at this that came out today the 7th of October. Can we say $$$.
Reconstruction must be about to begin very soon with this move…
Approval of the inclusion of Iraq among the shareholders of the European Bank for Reconstruction and Development
07.10.2020
الموافقة على إدراج العراق ضمن المساهمين في البنك الأوروبي لإعادة الإعمار والتنمية” />
The headquarters of the European Bank for Reconstruction and Development
Today, Wednesday, the governors of the European Bank for Reconstruction and Development approved Iraq’s request to become a shareholder in the bank.
The request was approved during the annual meeting of the bank, which was held in a virtual session due to the outbreak of the Coronavirus.
The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank that uses investment as a tool to help build market economies and was founded in 1991.
Source: Agencies
https://arabic.rt.com/business/1161182-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%A9-%D8%B9%D9%84%D9%89-%D8%A5%D8%AF%D8%B1%D8%A7%D8%AC-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%B6%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D9%87%D9%85%D9%8A%D9%86-%D9%81%D9%8A-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B9%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/
UPDATE FROM DAYS AGO.
This was reported in the news two days ago as going to happen and here we are two days later Friday and bam, already approved and ready! NO TIME TO WASTE $$$!
QUOTE: “Iraq’s formal accession to the bank’s membership WILL ALLOW IT TO BENEFIT FROM INTERNATIONAL BANKING expertise to develop the banking sector, and to obtain technical support and assistance THAT CREATES A SUITABLE GROUND FOR INVESTMENT”
FULL ARTICLE
Iraq joined the European Bank
2020-10-09
Shafaq News / The Ministry of Foreign Affairs said on Friday that the European Bank for Reconstruction and Development granted the country membership in its council after a two-day voting process.
The ministry said in a statement today that ” the members of the Board of Governors of the European Bank agreed to Iraq ‘s accession to the Council during the voting process witnessed by the annual meeting of the Board of Governors to be held in London for a period of 7-8 October 2020 .
According to the ministry, Iraq’s formal accession to the bank’s membership will allow it to benefit from international banking expertise to develop the banking sector, and to obtain technical support and assistance that creates a suitable ground for investment.
https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%A7%D9%86%D8%B6%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A7%D9%88%D8%B1%D8%A8%D9%8A
ISX NEWS:
QUOTE: “ It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009 and seeks to launch an Internet trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels”
FULL ARTICLE
The Iraq Financial Market trades 224 million shares, approximately half a billion dinars
2020-10-11
Shafaq News / The Iraq Stock Exchange announced on Sunday that more than 224 million shares have been traded, with a financial value of more than 494 million dinars .
The market said in a report seen by Shafaq News, “The number of companies whose shares are traded during the day reached 24 out of 105 companies listed in the market .”
The report added that “the number of shares traded amounted to 224.034 million shares, with a financial value of 494.771 million dinars .”
He pointed out that “the traded price index closed on the ISX60 at 461.19 points, recording an increase of 0.63% from its close in the previous session .”
Shares purchased from non-Iraqi investors today reached 12 million shares, with a financial value of 40 million dinars, while the number of shares sold from non-Iraqi investors reached 430,000 shares, with a financial value of one million and 97 thousand dinars, according to the report.
The market indicated that “the companies that made the most profitable during today’s trading were Al-Ataa Islamic Bank with a change of 14.29%, followed by modern sewing with a change of 10%, while the most losing companies were Gulf Bank, where the change reached 7.14%, followed by the Palestine Hotel, with a change of 4.55 – % “.
It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009 and seeks to launch an Internet trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.
https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%AA%D8%AF%D8%A7%D9%88%D9%84-224-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%B3%D9%87%D9%85%D8%A7-%D8%A8%D9%82%D8%B1%D8%A7%D8%A8%D8%A9-%D9%86%D8%B5%D9%81-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1