Thread: Could be Something, Could be Nothing

Look at their pie. The banks have it all.

Originally Posted by Seaview

Thanks OS - took from another thread.

I believe that it is quite significant that the ISX website went offline and am even more surprised that this thread did not gender more attention. My thoughts are that if the ISX allows foreign investors in without a significant 'bold adjustment' that this will indeed end up being a slow grow. Which I very much hope not. So we are either close or .......? views?

Anyone?

The definitive answer to that is...

MAYBE???

Just kidding. My real answer is YES close. I definitely see the ISX opening for foreign investment through local Iraqi Brokers/Traders (within the 60 day period). Next week, maybe, maybe not, but soon. Maybe next week is a test run open only to Iraqis. Just a guess on that, but I have trouble believing they will wait an additional 60 days to bring in foreign money, when they already have the locals money available, so maybe next week maybe not. Also, I have trouble believing they will wait till October for electronic trading, especially with the September report to the U.S. Congress looking for progress in Iraq. A productive Iraqi stock exchange certainly could be positive news for such a report. Not required, but definitely could be used as a sign of recovery. I mean the daily stock exchange figures (N.Y.S.E. and nasdaq) aren't reported on the local news here in the U.S. just for grins and giggles are they? Those numbers reflect economic stability right, or at least perceived economic strength. Don't know if that helps, but those are my thoughts, sorry no links.

Originally Posted by Inscrutable

http://isx-iq.net/page/arabic/Investment_Law.pdf

I got "filed damaged. could not repair."

Originally Posted by Inscrutable

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Is this the ISX site up and running? Why does the date say John 9 2007? A translation problem?

Ok, it is Saturday, 4:20 PM EST, 6/9/2007 and the ISX website is still updating....been down for a couple of days. I don't know what this means, but sure hope it means something good for us!

Originally Posted by readytogo

Is this the ISX site up and running? Why does the date say John 9 2007? A translation problem?

Did you read John 9 2007? It speaks of the revelation of a revaluation and that the train is coming into the station.

Originally Posted by Inscrutable

Did you read John 9 2007? It speaks of the revelation of a revaluation and that the train is coming into the station.

Seriously now, is that a link to the ISX page that everyone says has been updating? .....I do agree with the revelation.

Originally Posted by TerryTate

The definitive answer to that is...

MAYBE???

Funny

Just kidding. My real answer is YES close. I definitely see the ISX opening for foreign investment through local Iraqi Brokers/Traders (within the 60 day period). Next week, maybe, maybe not, but soon. Maybe next week is a test run open only to Iraqis. Just a guess on that, but I have trouble believing they will wait an additional 60 days to bring in foreign money, when they already have the locals money available, so maybe next week maybe not. Also, I have trouble believing they will wait till October for electronic trading, especially with the September report to the U.S. Congress looking for progress in Iraq. A productive Iraqi stock exchange certainly could be positive news for such a report. Not required, but definitely could be used as a sign of recovery. I mean the daily stock exchange figures (N.Y.S.E. and nasdaq) aren't reported on the local news here in the U.S. just for grins and giggles are they? Those numbers reflect economic stability right, or at least perceived economic strength. Don't know if that helps, but those are my thoughts, sorry no links.

What I meant was - not necessarily close. My real point was that I think it would need a 'bold adjustment' before ISX is 'live for everyone' - whether that be in the next 60 days or next 6 months, or whenever. I'm thinking if not then 'slow grow'.

Originally Posted by Inscrutable

Did you read John 9 2007? It speaks of the revelation of a revaluation and that the train is coming into the station.

Can you 'have a play around' (no offense intended) and see if they have updated the English side yet?

Originally Posted by oldskiier

Think Maybe an RV tomorrow morning ?????

I think the ISX is opening monday morning ...electronic and FIL......

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This what i says on the main page.....any thoughts ...did it say this before "laws and instructions"....??
Iraq market for securities IRAQ STOCK EXCHANGE June 9, 2007 John 9, 2007 ---------------------------------------- ---------------------------------------- Welcome To Iraq Stock Exchange Website ---- ---------------------------------------- ------------------------------------
the main page
profile of the speech market analysis
Executive Director
daily bulletins and reports statistics
listed companies and investment
intermediaries trading market
news
laws and instructions Never seen this on their site before ...anyone else ?????
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Is that translated? Have you been able to bring up the English side at all?