Bagir Share Discussion Threads

[marketanalyst1] 30/1/2020 14:40

Anyone heard of the Bagir Group? You know, the 59-year old, London-listed, Israel-headquartered, global innovative tailor? It specialises in developing, manufacturing and marketing of high quality men and women’s clothing. Anyone?

Well, 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.

[dave4545] 23/1/2020 17:36

He def knows something but that is not always a guarantee of a return

But when he gets to 15% the penny will drop and the lemmings that trade momentum will all flood back to bagir and we will double or money or bank a free ride.

[k1ngkonggb] 23/1/2020 17:32

Dave, I respect his location so you still need to choose one of my options!!! :)

[dave4545] 23/1/2020 17:10

What about his location king, he's about 3 streets away from their HQ too

He's added 2.1 million since yesterday

Yet the pi's still sell, in the old days a buyer like this in any stock would see the price double when it's trading at all time lows

[k1ngkonggb] 23/1/2020 16:57

Here are my thoughts:

1) He's mad and lost the plot
2) He knows something that is happening in the imminent future that will blow the socks, shirt, tie and suit off
3) He's taking a very lucky punt
4) Maybe through a shell company, he's looking to get a majority shareholding and take the company into private hands.

[dave4545] 23/1/2020 12:39

1 million more

[dave4545] 23/1/2020 09:46

And another 600k for Evry. He likes for some reason to buy in the odd 600k block and as normal the price he pays is different to the online price we can get.

This time he's gets cheaper 0.62p next to 0.6249

Wonder when the pi's here in the UK will wake up to the obvious

[dave4545] 22/1/2020 20:16

If you bothered to research he buys these amounts on a regular basis and does it in a way he never has to shift the price because the pi's have no patience and when they sell he just keeps nibbling away.

Yesterday's pi buyers well most of them sold for a loss today. Seems the new time frame for holding stocks now is less than 2 days and for most a few hours.

[dave4545] 22/1/2020 19:58

Bagr will be 60 years old next year.

Be surprised if they are not the oldest trading company on the penny exchange.

Still impossible to get any info on Evry apart from he seems to be based in the same city as Bagr HQ in Israel

And he is still buying stock...another 500k today..full offer buys are his trademark
trades

[dave4545] 21/1/2020 09:36

Yeah thought we might have had a decent jump on the +11% conformation holding Rns
from Evry.

Bagr need to issue a trading update now

[ragnarr] 21/1/2020 08:45

Bagir Group Ltd Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMBAGRRNS Number : 4330ABagir Group Ltd21 January 2020

[dave4545] 31/12/2019 12:26

Another 800k for Evry.

The clue is the price he keeps paying. Always close or at full offer.

You can buy 800k for 0.6265p atm but he pays 0.65p

When he next discloses I think we'll get the spike to 1p

[dave4545] 27/12/2019 08:39

First offer squeeze for a while 150k max 0.6p

[dave4545] 24/12/2019 11:48

And again.

Just slow on updating the market he has increased his stake by 2-3%