I predict that there will be no reval before the ISX opens. Please post your input and what your feelings are about the ISX opening and the relevance to a revalue of the Iraqi Dinar?
(Note: Lets hear all opinions, negative and positive. No bashing.)
~PaulieThaGreat
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Thread: My Prediction.
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29-07-2007, 08:03 AM #1
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My Prediction.
Last edited by PaulieThaGreat; 29-07-2007 at 08:06 AM.
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29-07-2007, 09:04 AM #2
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Please tell us what draws you to this conclusion.
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30-07-2007, 01:44 AM #3
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Ideally the ISX will open to foreign investors through electronic trading AND the RV will take place on the same day. In the event of no RV, the ISX could rocket up but ONLY if electronic trading is available to the world. If no electronic trading is available, I don't believe that the rest of the world will want to bother with the Iraqi brokers and banks because they are totally incompetent based on the numerous complaints by warka proxy account holders. If I can't get those stocks through my current account, I sure as heck will not buy any through the Iraqi brokers.
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30-07-2007, 02:06 AM #4
Agreed, FIL means little without electronic trading, especially when bombs are still going off every day. Expect slight increases in share price over the next month (s), which will go up or down based on news events or laws passed (main one HCL). Also look at whether or not more companies want to list on the ISX, adding to its validity. IMO if there is a sudden Reval of consequence, that will only add to the interest of the ISX, unfortunately that will not be correlative. IMHO of course. (Obviously I hope for sudden wealth just like anybody - but the facts surrounding Aug 2 dont work for me - hope Im wrong)
Last edited by Bungalobill; 30-07-2007 at 02:08 AM.
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30-07-2007, 02:28 AM #5
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30-07-2007, 02:32 AM #6
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30-07-2007, 02:50 AM #7
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30-07-2007, 02:58 AM #8
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30-07-2007, 02:59 AM #9
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30-07-2007, 03:05 AM #10
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