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Thread: Warkabank!

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    Default Warkabank!

    Just wondering who has accounts with warka and who have received their interest payments today! They have just paid me mine! So I am extremly happy!

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    Quote Originally Posted by screwball View Post
    Just wondering who has accounts with warka and who have received their interest payments today! They have just paid me mine! So I am extremly happy!
    Got mine too
    We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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    Quote Originally Posted by Onenomad View Post
    Got mine too
    All we need are our free shares! I am waiting on 420,000 shares!

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    Senior Member Onenomad's Avatar
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    Quote Originally Posted by screwball View Post
    All we need are our free shares! I am waiting on 420,000 shares!
    I havent followed the ISX took some time out for a bit after going on a mad buying spree....what free shares? Warka? any timeline on when we should get them?
    We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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    Quote Originally Posted by Onenomad View Post
    I havent followed the ISX took some time out for a bit after going on a mad buying spree....what free shares? Warka? any timeline on when we should get them?
    Yes you get 64.5% on top of what you own! Timeframe? They said as soon as the have finalised their committee meetings which is one of main reasons why they have not been trading! Should be soon! If you have shares in Iraqi Investment Bank, North Bank, Dar Sallam etc we should also see free shares coming through as they have just posted huge profits!

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    Senior Member Onenomad's Avatar
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    Quote Originally Posted by screwball View Post
    Yes you get 64.5% on top of what you own! Timeframe? They said as soon as the have finalised their committee meetings which is one of main reasons why they have not been trading! Should be soon! If you have shares in Iraqi Investment Bank, North Bank, Dar Sallam etc we should also see free shares coming through as they have just posted huge profits!
    Sweet I own all those except for North Bank Thanks for the info
    We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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    Quote Originally Posted by Onenomad View Post
    Sweet I own all those except for North Bank Thanks for the info
    we should do extremely well with the Iraqi Investment Bank as this bank is the clearing bank for the isx!

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    Senior Member Onenomad's Avatar
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    Quote Originally Posted by screwball View Post
    we should do extremely well with the Iraqi Investment Bank as this bank is the clearing bank for the isx!
    I thought that too when buying them I think whatever banks we own we will do really well when the world gets in on investing I was also told by people far smarter then myself to buy Basrah Bank because of all the oil there. Im looking now to take the interest payment and putting it into a CD with Warka do you have any of these?
    We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
    Warren Buffett
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    Quote Originally Posted by Onenomad View Post
    I thought that too when buying them I think whatever banks we own we will do really well when the world gets in on investing I was also told by people far smarter then myself to buy Basrah Bank because of all the oil there. Im looking now to take the interest payment and putting it into a CD with Warka do you have any of these?
    Yes I have Basrah Bank shares, only 205000 shares, but what is a CD? How does this work?

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    Quote Originally Posted by screwball View Post
    Yes I have Basrah Bank shares, only 205000 shares, but what is a CD? How does this work?
    people think I am crazy but with the Zimbawe ISX at 12000% and Vietnam ISX up 15000% just imagine what the Iraq ISX will get too once the oil starts flowing and the rate gets back to the old in 5-10 years time! I am 120% certain we will see 20000% on our shares, would not be a bit suprised to see 6000 USD per share when converted. The National Bank of Kuwait currently sits at 2,000 KWD per share!

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