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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bagir Group Ltd. | BAGR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.475 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.475 | 0.475 |
| Top Posts |
|---|
Posted at 13/2/2020 11:28 by marketanalyst1 Private investors would be wise to note the following;• Richland Resources is an AIM cash shell with circa £280,000 cash and is valued at £1m; 3.6x cash value. • Nu-Oil and Gas is an AIM cash shell with circa £380,000 cash and is valued at £2m; 5.2x cash value. • Bould Opportunities was an AIM cash shell with circa £800,000 cash and was valued at £2.8m; 3.5x cash value. • Bagir Group is a well-established (59-year old) innovative clothing manufacturer with circa £1.54m cash, £45m annual revenues, and gross margins of 11.9%, is currently valued at £1.6m; 1.05x cash value, and zero consideration given to its considerable design, development and manufacturing business that boasts net assets of £10.98m ($14.2m). So, based on the above, let’s have a look at three, hypothetical, valuation scenarios: 1. As an ‘AIM cash shell’, Bagir would be valued at £5.39m (3.5x cash value) or 1.70p per share. 2. As a company looking to put itself up for sale, and return cash to the shareholders, Bagir’s BOD would assign a base ‘sale price’ of £10.98m (net asset value) or 3.53p per share. 3. As a company within the textiles, apparel and luxury goods industry (sporting an average PE ratio of 21.1x), Bagir’s current PE ratio sits at 0.5x. However, were it to be valued in line with its peers, Bagir would command a market cap in excess of £65m or 20.93p per share. Thus, on all three scenarios, Bagir is profoundly mispriced. |
Posted at 30/1/2020 14:40 by marketanalyst1 Anyone heard of the Bagir Group? You know, the 59-year old, London-listed, Israel-headquarteredWell, if I were to tell you that the Bagir Group is currently the most promising recovery play on the AIM market you’d probably charge me with irrational exuberance having unduly escalated its intrinsic value. Alternatively, if I told you that the £1.7m-capped Bagir Group not only registered a 32% increase in revenues for the six months ended 30 June 2019, but is also on course to smash current market forecasts with projected, year-end (2019) revenues coming in at £45.78m ($59m) you might, quite rightly, sit up and listen. Better still, when I tell you that, at £1.7m (0.60p), and less its current cash balance of £1.54m, means the market is valuing Bagir at a nonsensical and wholly irrational valuation of £200,000 you might bark the unsavoury but apt remark, “What the ….!” And so you should. To value a £45m per annum revenue-generating company, with gross margins of 11.9%, and a positive adjusted EBITDA performance of £770,000 ($1.0m), at £200,000 is nothing short of vacuous nonsense. And it is for this reason that hardened businessman and serial investor Ben Ezry (Shlomo Haim) is tripping over himself to snap-up as many shares as he can. By the way, and for those unaware, Ben Ezry is one of the richest people that have emerged from the Israeli high-tech sector. He boasts an innate ability to unearth exceptional value. And those that follow him typically do very well in the short to medium term. And as K1ingkonggb aptly puts it, there's three likely outcomes with monsieur Ezry's stakebuilding; I'm going for a down and outright offer for the business. This is in line with his modus operandi: buy, build, and sell. Thus, I have only three words: Follow the money. |
Posted at 29/11/2019 09:53 by mister md dave4545 - Cloudtag (registered in the Cayman Islands and now St Vincent ?!) seemed to be seriously dodgy to me. Great if you made a profit on it, but I prefer to invest in honest and reliable companies. Seen many India/China/Israeli based companies on AIM scam their investors (remember Langbar, the biggest fraud of them all ?!) so a bit of caution is always required.I'm still hoping for the Ruyi transaction to go through here, as they will most likely run into cash problems without that going through. High risk hence modest holding. Good luck to all invested |
Posted at 28/11/2019 18:09 by k1ngkonggb Rag,You also forgot that Ruyi have provided extended credit terms on raw materials as well as leads to major contracts in China via their Vietnamese production line. I think a certain private investor who posted at an annoying rate on the other board has sold out with his so called followers. |
Posted at 13/11/2019 10:00 by dave4545 Myles McNulty@MylesMcNulty · 32m A very high risk nanocap play - #BAGR. Market seems - perhaps justifiably - concerned over Shandong Ruyi's weak balance sheet and ongoing asset shedding exercise, and thus the (im)probability of it completing its remaining investment into BAGR. However, mgmt. is keen to stand... Myles McNulty @MylesMcNulty · 32m …#BAGR on its own two feet. They should be able to raise alternative capital at this price from AIM equity investors. $1.0m EBITDA in H1, against current mkt cap of £1.8m. Priced to go bust, and not without cause: but a successful turnaround could yield many multiple returns. |
Posted at 12/9/2019 11:36 by intheknow69 Dave4545 & DPLewis are the same person over in the other thread!! Talking to himself like two experienced investors. He’s blocked me from the other thread. BE WARNED!!!! |
Posted at 04/9/2019 10:45 by dave4545 phowdoDid you know Bagir have been around since 1961 so not the typical Aim company set up to fleece investors with placings year after year. I admit they are struggling atm but this is more to to do with the Miton selling out |
Posted at 23/8/2019 16:46 by k1ngkonggb Yep, price is definitely being held in this range until Miton have dumped their lot.Once finished, dare I say, that the share price will start to rise. MInd you, someone must be buying their lot, and I don't believe it's just small investors. Could be another institution or maybe even Ruyi???!!! |
Posted at 28/2/2019 10:34 by depjoe Be very careful with dave4545 I have rumbled his game. Buy quietly, ramp on twitter and here then quietly sell without posting when he is selling dave4545 has revealed. His words "gently offload"Just another pump and dump trader not the investor he wants you to think. Gently offload without posting leaving others high and dry. dave4545 27 Feb '19 - 10:12 - 112 of 114 0 0 0 depjoe filtered. "you've rumbled me" What for having a twitter account. 99% of all traders/investors have twitter accounts too. I buy size in bombed out small caps and when they recover I gently offload. Nothing to hide. |
Posted at 19/8/2018 09:31 by moneymunch Bagir ahead of the curve with their 100% owned Ethiopian manufacturing base, and no doubt the main reason for Shandond's interest. Gla Holders ;-)Currently the textile and apparel sector in Ethiopia employs 47.000 people. According to government plans the number of skilled labor will increase to 350.000 within the next 5 years in 12 industrial parks. Two of the already operating industrial parks are environmentally friendly. The Ethiopian government has declared economic initiatives through opening state owned companies to foreign investors or shareholders. This will help the country in professionalization of the state owned companies and bring in foreign currency. This initiative and the recent peace process with the neighbouring country Eritrea has brought positive echo from various governments of the world including the UN, IGAD (Intergovernmental Authority on Development) and Africa Union. Ethiopia plans to establish itself as a new center for the international textile industry. For 2018, the government expects an export volume of $1 billion. According to the plans of the Ethiopian government, by 2025 the country should reach a middle-income status and become the largest production hub in Africa. In addition, a lot of investments for the infrastructure are already made and are still planned. Tax advantages and cheap loans should attract investors. Europe and the U.S. are supporting trade with favorable customs conditions and infrastructure projects. Investors benefit from low wages and energy costs. ASFWs conference takes up the topic of investment by a panel presented by the government of Ethiopia. |
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