Post From Dinar Updates
Chat Room Excerpts & Highlights
Bgg & MadDScout News Time 9-25-16 Part 3 of 3
BGG says():Are you guys seeing this?? OMG...
Elane says():i had to step away.. yikes
aminmaine25229787 says():translation please
BGG says():(Just take a minute - with this... read it thru... then we'll get started)
and if you tell me to read it for you - my HEAD IS GONNA' EXPLODE!!
jeffjane says to BGG():LOL
MadDScout says to BGG():"he said Hafiz said the deal is going on in economic circles on the text submitted an analysis of the budget in 2017 to be taken into account fundamental issues in dispute , particularly the exchange rate of the Iraqi dinar,"
BGG says to MadDScout():You are ready Gwass Hoppa!!
jetset says to BGG():can i get the cliff notes version? (lol)
MadDScout says to BGG():LOL
BGG says to MadDScout():hit the nail on the head.
MadDScout says to BGG():Nice report
BGG says to jetset():there are a lot of different aspects of this report - but Pat nailed the biggie - for us...
jetset says to MadDScout():good stuff right there!
MadDScout says to BGG():Dr. Ali Keywords in a brief statement that the work is underway to set up a budget programs and re - structure accounting system and the reduction of import phenomenon and work tariffs.
MadDScout says to jetset():Indeed
BGG says to jetset():they are in the middle of making some final "re-workings" on the 2017 budget... one of them sounds like some different exchange rate...
which is weird... how can they "decide" what the price of oil will be - or their exchange rate... unless they already know.
BGG says to jetset():OK - last article...
Rise in the market value of companies in the stock market
BGG says():BAGHDAD / Mustafa al - Hashimi
headed Iraq Stock Exchange to contract with one of the Arab corporate systems and programming for increased activation of the trading process through Alanturnt.ozkr weekly report of the Stock Exchange, seen by the «morning» he hoped the signing of the Convention in October next month and that the service is launching in quarter the first of the year 2017.
he added that these systems will be compatible and connected with the management system data in the brokerage firm so as to contribute to the rehabilitation of the investor to trade himself after enable him to understand the cash tally prepared for the purchase and the tally of shares if he would like to sell.
in the same context of the Iraqi market index rose Securities in the last sessions last week to 3.69 percent at 568.66 points. the market value of companies listed on the Iraq stock Exchange 8.241 trillion dinars during the week ended twenty - second of this month. the report said the number of shares traded for the week 3 billion shares compared with two billion shares last week, while the value of shares traded amounted to two billion dinars , compared to one billion dinars last week achieved through executing trades numbered for the 1810 week deals compared to 1336 deal last week.
It is said that the number of shares listed on the Iraq stock Exchange of 8 trillion and 973 billion shares, and the number of listed companies in the market 96 joint - stock company, of which 70 companies listed in the regular market and 26 companies listed in the second market.
according to the report the number of stalled companies has become the trading of non - commitment to provide annual disclosure and quarterly Authority and the market for 26 companies, and the number of remittance companies suspended from trading after the approval of the change of activity and until the issuance of license to practice from the central bank and complete the filing procedures and the inclusion of 3 corporate issuance.
and investors trading (foreign) the number of shares bought from investors totaled Giralaracaan for this week 's 125 million shares, valued at 432 billion dinars during the implementation of the 52 transactions on the shares of eight companies.
While the number of shares sold reached by non - Iraqi investors to this week 's 281 million shares valued at 183 million dinars through the implementation of 130 transactions on the shares of seven companies...
BGG says(): On the other hand the Board of Governors approved the Iraq Stock Exchange trading instructions via the Internet for investors , which measures include brokerage firms to take in order to obtain a license to provide this service, including participation in the online trading system, and until Thursday , five brokerage firms submitted a request to participate in this system.
Besides disclose the risks associated with investing and models to deal with investors ' action «know Your Customer» as board of Governors approved the commissions Satkadaha mediator. addresses the FAQ also requirements implemented by investors to agree to their online trading.
and the Iraq Stock Exchange several months ago to organize lectures and workshops for brokerage firms and investors for the purpose of definition of these services.
the Iraq Stock Exchange consists of 98 listed company with a total capitalization of more than 8 trillion shares representing banking , including sector 5 trillion shares and thus the most sector be traded and 65 percent of the total shares traded per day.
The governing Iraq stock Exchange five trading sessions a week from Sunday to Thursday.
Read More: http://www.dinarupdates.com/showthre...ck-market-9-24
BGG says():The notations brought to me are these...
these valuation inflations are something of note...
they are working towards opening an "online" version of the ISX...
(this idea is what started "the incident" today... ) does any of this look like they are delaying ANYTHING??
MadDScout says():Not to me
Kinda looks like they are getting ready for big things
BGG says():and just a quick note... several years ago - a BILLIONAIRE friend of mine told me directly - the ISX will produce more new millionaires than the currency does... when they open that up - it's ON!!
MadDScout says():Or why all this trouble
BGG says(): Sisi let the "cat out of the bag" the other day...
Egypt is going through much of the same stuff with the IMF... he plainly said "they would revalue their currency before the end of 2016"... Iraq is way ahead of them.
I'll post his comments on THE BLOG tomorrow... (and note exactly where in the interview to see his EXACT comments)...
OK gang... any questions??
BGG says():Ok - I said what I needed to - did a full hour of News (I really like truth-in-advertising) ... and it was GOOD.
MadDScout says to BGG():D
Holly1 says to BGG():(v)
BGG says():2 hour News Time... should be no complaints there!!
jackflash101st says():Thanks BGG great news hour
Elane says():The news is pouring out of iraq
BGG says():(you all are watching SNF - RIGHT)
david334 says to hutch():Thank you for tonight.B
BGG says to Elane():BIG TIME
david334 says to hutch()BGG
1bobby says():Thanks to both of ya, and everyone at DU for the stability in the crazy world of the IQD. Much appreciated
flynn says():BGG does Iraq 2017 start first of oct?
Holly1 says to BGG():the cow story again(lol)
Pablo says():Did I understand from your comments earlier that they are prepping for a new rate in the 2017 budget?
MadDScout says to 1bobby():(handshake)
BGG says to Holly1():I get tired of it - but if I need to - I'll do it again...
Holly1 says to MadDScout():(handshake)
david334 says to hutch():and Mad Scout
carxpress says():Thanks BGG .. .. Appreciate all you (and the DU gang) do for us all
willie60 says():Thanks again BGG and the whole DU team.
Read More :http://www.dinarupdates.com/showthread.php?41573-NEWSTIME-WITH-BGG-amp-CO-Sunday-September-25-2016