"Big News" - Wed. PM KTFA Thoughts, News w/ Frank26

KTFA

Frank26 » July 3rd, 2019


KTFA KONA.............MY FAMILY IN CHRIST............DO YOU RECALL THAT ON MONDAY CONFERENCE CALL I SUGGESTED THAT IMO...........OUR PRESIDENT MAY SAY A COMBINATION OF WORDS THAT IMO...........WILL TRIGGER OFF OTHER COUNTRIES TO ALSO TELL YOU .............SOMETHING.

IF THIS WERE THE CASE THEN IMO............I SAID OTHER COUNTRIES MAY ALSO START TO TELL US WHAT THEY DID TO THEIR CURRENCIES IN ORDER TO PLAY FAIRLY ON THE OPEN MARKET WITH .....................................THE PRESIDENT OF THE UNITED STATES OF AMERICA.

AND WHAT IS IT THAT TRUMP HAS DEMANDED OF MANY COUNTRIES IN ORDER TO GO ON A PICNIC..............WITH THEIR PICNIC BASKET?

TO PLAY FAIRLY WITH YOUR CURRENCY............. TO MAKE SURE IT IS COVERED AT ITS TRUE VALUE AND BACKED BY YOUR OWN ASSETS BUT MOST OF ALL...................BACKED UP WITH A BACK UP CALLED GOLD.

WELL.....................................

LAST NIGHT A FIREFLY FOUND WHAT WE HAVE BEEN SEEKING..............WHAT WE AS A STUDY TEAM AT KTFA HAVE BEEN CALLING................THE SECOND ARTICLE FROM THE CBI FOR THE CITIZENS.

TODAY JUST AFTER OUR WED CALL WITH WIL I WILL RELEASE INFORMATION THAT THE INTERNET DOES NOT UNDERSTAND YET.

THERE WILL NOT BE A LINK TO THE RECORDING SO I AM MAKING THIS POST TO INVITE YOU AND SUGGEST ............TO LISTEN TO OUR OPINION BUT MORE SO TO LISTEN TO AN ANNOUNCEMENT OF AN EVENT THAT IS GOING TO OCCUR ON THE 4TH OF JULY............IN IRAQ.

WIL WILL ONLY TALK FOR 20 MINS TONIGHT............AND I WILL TALK FOR 10 MINS.

FRIDAY PREMIUM TEAM CHAT AND SATURDAY PREMIUM TEAM CHAT Q&A WILL GO DEEPER IN TEACHING AND ANSWERING YOUR QUESTIONS.

WED CC: 605.313.5142 PIN: 319183#

8 PM EST

GOD BLESS YOU ALL .............MY ALOHA SPIRIT TO YOU.............SEE YOU TONIGHT BECAUSE..............WE TOLD YOU SO...........SMILE.


Theresa23 » July 3rd, 2019

Aloha Frank!!!!! So good to see you on!!!!! We have missed you!!!!!

Frank26 » July 3rd, 2019

YOU GONNA LOVE ME IN A FEW HOURS ………. ROTFL

Slade » July 3rd, 2019

Frank....it is interesting what President Trump tweeted today about China and the EU manipulating their currency.....exciting times....and I rarely get excited about this any longer...just calm and steady....Thanks for all you and the others do here!

Samson » July 3rd, 2019

China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!

Donald J. Trump (@realDonaldTrump) July 3, 2019

Frank26 » July 3rd, 2019

DANG !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Don961 » July 3rd, 2019

Iraq Stock Exchange issues its semi-annual report

Wednesday, 03 July 2019

Baghdad / Al-Sabah

The Iraqi Stock Exchange issued its semi-annual report and included indicators of the reality of trading during the last six months, which included the organization of 121 meetings, where the number of shares traded (237) billion shares during the first half of 2019, worth (152) billion dinars, the number of contracts amounted to (82,942) ) Contract.

The Executive Director of the market, Taha Ahmed Abdul Salam, confirmed that the indicators of trading in securities achieved during the first half of 2019 show that the trading was restricted to the shares of (75) joint stock companies for the presence of (20) companies suspended from trading by a decision of the Securities Commission due to non disclosure of annual or quarterly "Pointing out that" the market submitted a proposal to the Securities Commission to regulate the circulation of shares of companies that delay in providing the annual disclosure through the classification and classification as a third market and according to proposed mechanisms limited to trading for only one hour and will be implemented when the approval of the Commission to the proposal, Trading p Guardian Future ".

Exchange of experiences

"The market during the first half signed a cooperation agreement with the Faculty of Business Economics at the University of Nahrain included 12 axes of forms and mechanisms of action in order to organize mechanisms of cooperation and exchange of experiences and development for students, researchers and employees, taking advantage of the mutual experiences between the two sides, ) Workshops organized by the Office of Experts in cooperation with the Securities Commission and a number of professors of Iraqi universities to discuss the Securities Law, studies on the reality of private and mixed companies and indicators of public companies, and a study on the indicators of the Iraqi market for securities provided by Ed Market. "

Trading System

He pointed out that "the Board of Governors discussed during the first half of 2019 study the development of electronic systems in the Iraqi market for securities and the study of the addition of new systems, the most important study to renew support and maintenance of the electronic trading system X-stream for the period 2020-2024 and discuss the proposals of mechanisms provided by brokerage companies, The Equator deposit system in conjunction with the electronic trading system in light of the updates made by the NASDAQ, the financial markets systems that use their systems in the Arab region and the world, as well as the completion of the infrastructure of the project to use the anti-money laundering system on the data system shareholders and The commencement of the training process for specialists in preparation for its launch in the second half of 2019, and the continuation of the agreement, licensing and support for hardware and equipment used by the Iraq Stock Exchange from IBM, Cisco, system data and information protection. "

Development efforts

On the determinants of securities trading between Abdul Salam that "the institutions of the capital market in Iraq working to develop development mechanisms both according to his powers and expertise in order to support national development efforts, and from the point of view of the Iraqi market for securities, investment in securities and trading in them need a set of incentives Attracting capital and liquidity to increase the turnover of securities, as it limits a number of factors and prevents the development of indicators trading securities, the most important: weak investment in the establishment of new joint stock companies contribute to the increase of GDP and add to the components of the capital market, The Companies Law No. 21 of 1997 requires the development of its mechanisms in attracting capital directed towards the establishment of new joint stock companies IPO mechanisms.

Joint Stock Companies

It also stopped when trading by investors is limited to shares of joint stock companies because of the lack of new financial instruments in the Iraqi economy and the capital market. Financial instruments vary in most emerging Arab, Asian and European financial markets to include at least stocks, bonds, certificates of deposit and options. Accordingly, the concerned institutions must issue instructions and rules for issuing various securities. To stimulate and diversify sources of funding and liquidity required within the investment mechanisms of the private sector on the one hand and increase the capital formation on the other.

It is appropriate to follow up the efforts of the Central Bank of Iraq to adopt a study issuing instructions to issue certificates of deposit as a new type of securities investment securities of the banking sector and circulation in the Iraqi market for securities.

The real value

He pointed out that "the market in the first half of 2019 renewed its call to the relevant parties to study and measure the real value of the share price in light of the company's indicators and financial position published by the market in the directory of companies and disclose them on its website, and renewed his call to researchers and experts to do this measurement in accordance with standards And the Iraqi Central Bank initiated the study of the role of the banking sector in the indicators of the performance of the Iraqi market for securities with an analysis of these indicators on changes in stock prices.

"The Iraqi market for securities exchange data and analysis with the bank for the purpose of extracting the results of this "And here we renew the call for attention to the subject of measuring the real value by all experts and institutions of the capital market in Iraq in order to discuss the shareholding companies and their departments in their plans and ways to address their problems that affect the earnings per share through the exercise of its basic activity.

Shareholders' equity

Abdul Salam pointed out that "a number of private banks have been subject to the custody of the Central Bank of Iraq and some of them to be delisted from the listing in the market because of the decline in net shareholders' equity of 50 percent, as happened in previous years, at a time when a number of mixed industrial companies from the decline of net rights Shareholders and is subject to treatment under the prevailing corporate law and its amendments.

And address the observations determined by the auditor in his annual report, so potential shareholders and investors need to rebuild trust in these companies through the implementation of shareholder relations sections plans to restore confidence in their products and achieve the surplus For distribution ".

"The adoption of international accounting standards in the disclosure of financial position - in banking and telecom companies - has had a positive role in disclosure. It is appropriate to adopt these standards to all Iraqi shareholding companies by the relevant institutions. " link

Source: Dinar Recaps
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