Bagir Share Discussion Threads

[moneymunch] 05/11/2018 14:59

Thanks for that Bignads, the article confirms that news of Chinese regulatory approval for the deal to proceed is likely to be very close....and Ruyi must have an excellent working relationship with all departments given the number of M&A's and controlling stakes already approved in recent years, many worth hundreds of millions of dollars....Not long to go now imho... Gl.:-)

[bignads] 05/11/2018 14:18

Worth adding the link to that M&A document...

[moneymunch] 05/11/2018 13:20

Ps £5k buyer back in anticipation of Transformational deal news...Gla holders, Lock out time fast approaching!!! :-)

[moneymunch] 05/11/2018 13:11

Any time now....Gla holders....On and Up!!! ;-)

Points to Remember in Outbound M&A Deals by ... - Mizuho Bank

2 Feb 2016 - Shandong Ruyi Group acquired Renown, an apparel ... commercial department and/or the State Administration of Foreign. Exchange, etc., in ...


Accelerating outbound M&A deals by Chinese companies

Boosted by deregulations in China

In addition, application procedures were streamlined, and the time required was drastically reduced to approximately one or two months.

[stephen2010] 04/11/2018 00:02

Little sensitive haha

[k1ngkonggb] 03/11/2018 16:12

To be fair to MM, at least he admitted that he had lost on Msys, which I feel will come good.

As for Bagr, I wouldn't say this is a dead cert but once the investment is ratified then we could see 3p+.

[moneymunch] 03/11/2018 09:31

4 weeks since the EGM this coming week, and so i'd be very surprised if we don't see a significant upturn in buying volume from those that don't want to miss out.....Ruyi must have a very close working relationship with all of the Chinese regulatory authorities, given the number of acquisitions and controlling stakes that have been approved over the last couple of years, many worth hundreds of millions of dollars, and so presumably a mere formality on $16.5m cash....News now must be very close imho Gl ;-)

[moneymunch] 03/11/2018 07:21

One or two months for Chinese regulatory approval.....Gla Holders....Transformational deal news very close imho...;-)))


Points to Remember in Outbound M&A Deals by ... - Mizuho Bank

2 Feb 2016 - Shandong Ruyi Group acquired Renown, an apparel ... commercial department and/or the State Administration of Foreign. Exchange, etc., in ...


Accelerating outbound M&A deals by Chinese companies

Boosted by deregulations in China

In addition, application procedures were streamlined, and the time required was drastically reduced to approximately one or two months.

[moneymunch] 02/11/2018 17:42

A nice 330k buy just in.....Gla holders Tick Tock Boom!!! :-)

[moneymunch] 02/11/2018 17:25

Lol...Scumbag Gimp Alert!!! :-)

[moneymunch] 02/11/2018 06:41

The Chinese textile manufacturer approached Bagir in June 2017 with conversations initially centred around the Ethiopian operations before widening to the whole business.

Shandong Ruyi is expected to make substantial cost savings from the deal. Itzthak said the numbers spoke for themselves: In China the cost make per suit is $18, which is not duty-free , when it comes to the US, theres an added 28% on top of costs. But the cost per suit in Ethiopia is between $3-$5, and its duty-free to the US and Europe.

[moneymunch] 01/11/2018 06:03

Canaccord Genuity bought out Hargreaves for £79.5m and the integration of both businesses is expected to continue through to 2019, and so every chance that Canaccord have been releasing some cash across Hargreaves portfollio for Xmas bonuses etc....they could have sold much more if they had wanted to before informing the market, and still hold 12.8%......and so I reckon they've finished selling...if they were still planning to sell more then they wouldn't have released yesterdays holdings Rns.......Transformational deal news coming soon and those not in will wish they were and those that want in will have get a move on as the share price continues its upward momentum in anticipation.....Tick Tock Boom!!! :-)

[carl19] 31/10/2018 22:16

Would of thought they would have done full due dilligence before paying that money. They like to own a controlling interest but allow current management to run with it. So much easier on various levels. Not sure how many in total, or why the sell off of shares as highlighted today, but willing to keep an open mind and monitor it for now.

[carl19] 31/10/2018 20:30

Genuine question. If they were waiting for it to go bust, why would they pay a non returnable deposit of millions?

[moneymunch] 31/10/2018 16:06

Transformational deal news fast approaching...... Gla :-)