Bagir Share Discussion Threads

[honour among thieves] 05/9/2018 22:08

As the Chinese have a Majority shareholding

Can they delist it with the help of other bigger shareholders? For sure such resolutions will pass as they have block YES vote of 54%.


Voting for such resolution means they could regain the capital invested right?

What would be the point of taking majority ownership if that was not main reasons, surely anyone can work this out.

Don't be surprised wake up one morning and seeing a rns about an EGM for delisting. That would cut the share price price to 0.5p something immediately

[moneymunch] 05/9/2018 22:07

Half Yearly Report now due this month.....should make interesting reading to see how many corners have been turned since Results were published in March, and should make exciting reading with Ruyi now on board and what near, mid and long term development and expansion plans they will have for the business. Gla Holders.....sub 3p will not last for long. ;-)


07 March 2018, 14:52
Source - SMW

Tailoring provider Bagir Group swung to an annual loss amid falling revenue.

The company booked a net loss of $2.91m, compared to a $9.87m profit in the previous year.

Revenue fell to $51.1m, from $64.1m in 2016, and was offset by operating, administrative and financing expenses.

March 2018

During 2017 Bagir agreed three key transactions which are expected to form the basis of the company's future success," Bagir Chief Executive Officer Eran Itzhak said. "The proposed agreement with Shandong Ruyi being the most material and potentially transforming."

In November, Bagir announced a strategic partnership with China-based textile manufacturer Shangdong Ruyi. As part of the deal, Shangdong Ruyi proposed to invest USD16.5 million in Bagir to accelerate development of its Ethiopian manufacturing facilities.

"From a trading perspective Bagir experienced a challenging year, however, good progress was achieved in developing our key manufacturing sites together with further cost saving initiatives which will ensure we remain profitable and positioned to accelerate especially once the USD16.5 million investment from Shandong Ruyi is completed", Itzhak added.

"2017 was undoubtedly a strategically important year for the business. Looking ahead for 2018, trading conditions are likely to be similar to those experienced in 2017 meaning that the actions taken to reduce costs will be important in order to ensure that the company remains profitable. Alongside this, Bagir will be working to complete the agreement with Shandong Ruyi and invest behind the potential of our manufacturing bases, particularly Ethiopia, so that the Bagir is in the best possible place to be able to compete for the key apparel manufacturing contracts from the worlds' largest retailers."

[lairy larry] 05/9/2018 22:07

But can they delist with 54% shareholding or not?

They do need to be listed to continue their partnership with JD.com.

Maybe that's why people sold off.


Kod too had massive premium funding but they are down -70% from the funding price.

[moneymunch] 05/9/2018 22:05

Ps here's a recent example of the Ruyi effect on a company they took a controlling stake, they've also made several high profile acquisitions of major listed fashion/brand companies and have never delisted any one of them!!! The lowlife detractors will stop at nothing in their desperation to undermine and deter investors...a sure sign of good things to come...Tick Tock Boom!!...:-)

In November 2017 Shandong Ruyi paid HK$2.2bn (£213.5m) for a controlling stake in menswear group Trinity, which retails and wholesales high-end menswear brands including Kent & Curwen, Gieves & Hawkes and Cerruti 1881.

FASHION

Trinity blooms under Shandong Ruyi

Retail Asia

28/08/2018

AsiaInternationalTrinity

Menswear retailer Trinity has announced double-digit same-store sales growth in its first half year.

The period coincides with Shandong Ruyi International Fashion Industry Investment Holding taking a controlling interest in the group last April.

[big brother8] 05/9/2018 21:59

MONEYMUNCH

[honour among thieves] 05/9/2018 21:58

!YOUTUBEVIDEO:eidgMwrHhaY:


UK mug punters gonna get killed here. Israelis and Chinamen are laughing and I am laughing too. LOL

54% Controlling stake means very high probability of delisting agenda is extremely likely.

Now will it crash to 0.2p or 0.25p?

We just have to wait for the rns.








As the Chinese have a Majority shareholding

Can they delist it with the help of other bigger shareholders? For sure such resolutions will pass as they have block YES vote of 54%.


Voting for such resolution means they could regain the capital invested right?

What would be the point of taking majority ownership if that was not main reasons, surely anyone can work this out.

Don't be surprised wake up one morning and seeing a rns about an EGM for delisting. That would cut the share price price to 0.5p something immediately







MONEYMUNCH

[markdods1] 05/9/2018 21:53

They will also expand their existing efforts to bring Ruyi’s portfolio brands to JD’s over 300 million customers. Ruyi already operates several flagship stores on JD.com, including Cerruti 1881 Kent & Curwen, and D’Urban, and will add stores for Sandro, Maje, Aquascutum and its other brands.
hxxps://retailtechinnovationhub.com/home/2018/9/5/jdcom-inks-boundaryless-retail-tech-deal-with-ruyi

[big brother8] 05/9/2018 21:51

MONEYMUNCH

[honour among thieves] 05/9/2018 21:47

As the Chinese have a Majority shareholding

Can they delist it with the help of other bigger shareholders? For sure such resolutions will pass as they have block YES vote of 54%.


Voting for such resolution means they could regain the capital invested right?

What would be the point of taking majority ownership if that was not main reasons, surely anyone can work this out.

Don't be surprised wake up one morning and seeing a rns about an EGM for delisting. That would cut the share price price to 0.5p something immediately

[honour among thieves] 05/9/2018 21:45

UK mug punters gonna get killed here. Israelis and Chinamen are laughing and I am laughing too. LOL

54% Controlling stake means very high probability of delisting agenda is extremely like.

Now will crash to 0.2p or 0.25p?

We just have to wait for the rns.

[moneymunch] 05/9/2018 19:48

The snide lowlife scumbag cohorts are desperate to undermine and deter in run up to shareholder approval for Ruyi's $16.5m cash and 54% controlling stake which will be transformational for Bagir and its shareholders....Gla holders....Tick Tock Boom!!! :-)

[moneymunch] 05/9/2018 19:43

The half yearly results are due soon , and so let's see how many corners have been turned since....and with a stroke of a pen , Bagir's order book is likely to increase expotentially as Ruyi transfers new business and supply contracts to the duty free Ethiopian base....Transformational upside very likely from now on in. Gl :-)

[moneymunch] 05/9/2018 19:41

What I really like about Bagir at the moment is that any downside is really limited with the Ruyi deal now looking like a done deal imho, and so the risk reward is firmly in our favour, and the potential upside could be multiples of current share price as Ruyi takes Bagir forward....we're not waiting or reliant on drilling results or clinical trial results etc that could make or break, we're waiting on shareholder approval for a deal that will be transformational for Bagir and its shareholders fortunes.....this really is a big deal for all concerned, and at this stage it looks a done deal, and I'm sure Ruyi have big plans for Bagir's development and expansion that will take us to double figures soon enough. Gl :-)

3/9/18

The use of the investment by Shandong Ruyi, to directly target expediting the development and expansion of the manufacturing facility in Ethiopia, will significantly accelerate the timetable for the operational potential in Ethiopia to be realised enabling the facility to attract and compete for major apparel manufacturing contracts from large international retailers which generate an acceptable level of return to Bagir.

-- Shandong Ruyi, as a result of its significant international textile and retail investments, is well positioned to provide the Group with significant new commercial opportunities.

-- The strategic partnership has the potential to have a transformational effect on the operations and the prospects of the Group from which all Shareholders and Depositary Interest Holders will benefit.

-- The strategic partnership with Shandong Ruyi will increase the Company's own profile and reputation.

[big brother8] 05/9/2018 19:23

MONEYMUNCH

[honour among thieves] 05/9/2018 19:16

UK mug punters gonna get killed here. Israelis and Chinamen are laughing and I am laughing too. LOL

54% Controlling stake means very high probability of delisting agenda is extremely like.

Now will crash to 0.2p or 0.25p?

We just have to wait for the rns.

[honour among thieves] 05/9/2018 19:13

Do tell everyone that delisting can't happen, because you are saying so and they have not done it previously so they won't be doing.


Also do point us with concrete evidence which AIM shares they got majority shareholding and did not delist as you are claiming they never done it.


I am talking about facts.


why would they buy a controlling stake if the reasons are not to control it or delist it?

[honour among thieves] 05/9/2018 18:59

It's easier to delist Aim companies you fool.

Again are you saying they will offer 50p, when they own 54%.



Explain why the share price never rose to 3.5p-3.6p,instead people been dumping, because smart people knows the Objective of having 54% is to delist the company and no one can stop them.

What if they did decide to replace BOD and put their own people at the top. Who's going to stop them? A criminal scammer like yourself?

[moneymunch] 05/9/2018 18:50

Lol..desperado, Ruyi are paying 3.5p a share for their 54% controlling stake and by the time Bagir's order book is full of new business and supply contracts, Bagir's share price will be into double figures and more....50p plus is on the horizon...and Ruyi will be very pleased with their investment along with the expotential increase in sales revenues..:-)

Ps show me on example from the long list of Ruyi's controlling stake acquisitions where Ruyi have done anything like what you suggest???

[honour among thieves] 05/9/2018 18:40

why would pay 50p , when they have 54% controlling stake.

They could delist it and pay nothing.

Are the Chinamen stupid? no.

That's why they paid a premium to get a controlling stake. They will decide the future.

They do not need Bagir to be a PLC.