Bagir Share Discussion Threads

[iamgreat1] 21/2/2020 08:05

Dave this dog will de list soon

[dave4545] 21/2/2020 08:04

0.4521-0.5p now online

That 0.449p was a gift, I'll double my money on them at some point this year

[dave4545] 21/2/2020 08:03

buys babbler

I got 500k and 494k at 0.449p at open

[babbler] 21/2/2020 08:01

Someone robbed there. 1.1m sell at 45

[dave4545] 21/2/2020 07:44

Smiling at the mark down because of Ruyi when the mm's have totally ignored the positive trading and fact they have enough cash for day to day activiities

1.6 mil cap....yes £1.6 mil cap

I think this will soar once the penny drops

[dave4545] 16/2/2020 21:22

Might get more serious movement when Ezry announced he is around 14% from 11% this week.

[k1ngkonggb] 15/2/2020 09:29

Dave, day traders making their £50 profit but they'll still be down!!!!

[dave4545] 14/2/2020 15:34

It would if people could hold a stock more than a day.

So many sales you can match with buys earlier or from yesterday.

Never held a more frustrating stock than this one

[jfreshfield] 14/2/2020 13:12

Looking excellent.

[dave4545] 14/2/2020 08:32

All buys so far

mm's already trying to shake some people out dropping the bid on no sales.

Think the worm has turned here and we'll see 1p very soon perhaps even today if it breaks through 0.75p

[k1ngkonggb] 13/2/2020 17:15

Marketanalyst, yet another stonking analysis from your goodself.

I'm still of the mindset that it will go into private hands although it might be that Michel will look to start accelerating growth and achieve that PE ration of 21.1x.

I'm patient but only for one more year!!!! :)

[dave4545] 13/2/2020 15:01

I've been adding quite a few today.

And so has ezry must be close to 15% now

[t0pgrader] 13/2/2020 11:45

Good riddance to the exceedingly unpleasant Chairperson

[marketanalyst1] 13/2/2020 11:28

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.

[zed250] 13/2/2020 10:41

Time to buy bulk

[k1ngkonggb] 03/2/2020 17:41

Time to buy then?

[zed250] 03/2/2020 16:48

Welcome Folks

NEW THREAD NEW LIFE IN BAGR,

[k1ngkonggb] 31/1/2020 10:23

Marketanaloyst, what a sensible and reasoned post.

It will be very interesting as to what value the buyout (if one) is proposed. Hopefully, multiples of where we are now and perhaps even more than 3p offered by Ruyi for their share.

[dave4545] 30/1/2020 18:36

Great post