Bagir Share Discussion Threads

[wrecktangle] 18/7/2018 11:53

5-6p is where this going.

[amrishbhim] 18/7/2018 11:52

Shirley where are you get 10p, that's just BS you know that,

[shirley83] 18/7/2018 11:51

3p about to be smashed. Looking strong for 3.5p and probably 4p today.. Friday target 10p

[amrishbhim] 18/7/2018 11:47

Dave, I have always respected your comments, yes seen the figures, but today RNS of partnership wouldn't have happened if the company was rubbish, they something more to it. I would say this has much more way to go from today news. 3.5p a share is first target but a more true value would be over 5p, so I'm targeting this for a 5p

[dave4545] 18/7/2018 11:43

I think the sensible will take profits. The investment at a premium is great news but the last set of results were pretty horrible. This is more of a opportunity to get out now than get in, business has to be turned around from loss making to profitable first.

[theaviator] 18/7/2018 11:42

Yep lol Thatll do me. 50% and 7.5k profit - not bad for a mornings work.

[sidjameslaugh] 18/7/2018 11:39

You are forgetting the additional shares to be issued so it is pretty much double that. Still a long Way to go though. 3.5 for starters.

[dave4545] 18/7/2018 11:38

I guess when the usual suspects turn up it's time to sell !

Seen this at PIP a few weeks ago, dead thread then swamped after the spike with posts of massive more rises to come which means the fast buck merchants have arrived.

[wrecktangle] 18/7/2018 11:34

MCAP is only 10M! All about the volume and the MCAP.

Follow the money and vol.

[amrishbhim] 18/7/2018 11:34

I've seen with good news like this, shares going up by 500-700% up in a day , it's just depends on buyers and sellers , but I'm hoping it close near the 5p mark today

[wrecktangle] 18/7/2018 11:33

B1 - I jumped in at 3.10. Think there may be another couple of bags in this. Have a read on previous comments and on LSE...

[wrecktangle] 18/7/2018 11:32

6p by close would be something. Not seen a stock move to triple bags for a while. A lot of sentiment and momentum behind this.

[wrecktangle] 18/7/2018 11:31

Here is your next tick up coming.

[amrishbhim] 18/7/2018 11:31

3.5p is forThe enlarged business, but with 16.5 million investment I would say the price of 6p could be achieve even by close tonight or by Friday close of business

[wrecktangle] 18/7/2018 11:29

Yup that is what I am reading on LSE - This should hold an MCAP of around 6-10p. Interesting day ahead. Good luck all, I am in.

[moneymunch] 18/7/2018 11:27

Current batch of profit takers being mopped up....next batch calling. :-)

[urigem] 18/7/2018 11:26

Still trying to get my head around what this is now worth? With cash and 3.5p share price it only give a value of £10 million to the company. But add in who has placed the shares and where the company could go from here and it's a games changer. These shares will not come to market. Therefore I'm going for 6-10p by September giving a market cap of £35 -£50 million

[moneymunch] 18/7/2018 11:25

No WoW, just initial fair value....which potentially could increase several fold with their new partner pushing them forward. Gla On and Up!!! :-)


Shandong Ruyi is a leading Asian global textile manufacturer and under the proposed strategic partnership will invest $16.5 million to acquire c.54% of the Company's enlarged issued share capital and will subscribe for 359,560,310 new Ordinary Shares at approximately 3.5p per share as of today's exchange rate.

Further details are contained in Bagir's announcement of 23 November 2017.

The Company is pleased to announce that Shandong Ruyi has committed to complete the transaction by 31 August 2018 and has also paid a further $1.65 million, which has been received by the Company on 17 July 2018, in addition to the initial payment of $1.65 million that was received on 9 January 2018.

Chief Executive Officer of Bagir, Eran Itzhak, said "Shandong Ruyi is a global leader in our sector and their decision to become our partner and majority shareholder fundamentally changes the future prospects of Bagir. We are delighted to confirm the completion date and announce Shandong Ruyi's further financial commitment to the transaction."

[cobra786] 18/7/2018 11:24

4p possible

[wrecktangle] 18/7/2018 11:24

Is it in Auction?

[wrecktangle] 18/7/2018 11:22

3.27 paid now.

[wrecktangle] 18/7/2018 11:22

127% and the buying is still going on. LSE are saying this is going to do a WEBIS and 4 bag