Bagir Share Discussion Threads

[futuredlighter] 07/9/2018 13:59

moneymunch?? what have you done to people??

;-)

[moneymunch] 07/9/2018 13:59

Lol...the lowlife scumbag cohorts are desperate to undermine and deter investors in run up to shareholder approval for Ruyi's $16.5m cash and 54% controlling stake, which will be truly transformtional for Bagir and its shareholders....KER-CHING!!! FILL YA BOOTS!!! Gla Holders....MULTI-BAG AHEAD!!! ;-))))

[big brother8] 07/9/2018 13:58

MONEYMUNCH

[big brother8] 07/9/2018 13:56

MONEYMUNCH

[moneymunch] 07/9/2018 13:56

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.

[honour among thieves] 07/9/2018 13:55

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

[moneymunch] 07/9/2018 13:55

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."

[honour among thieves] 07/9/2018 13:55

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

[honour among thieves] 07/9/2018 13:54

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

[big brother8] 07/9/2018 13:52

MONEYMUNCH

[tommmy] 07/9/2018 13:27

Are you saying people should like you for ruining our thread since July?

[moneymunch] 07/9/2018 13:23

The majority of shares are now held very tightly imho...we've had profit takers, impatient investors and those that thought the share price would drop back towards 2p.....ho Ho Ho , but we've also had at least one block buyer , stake builder that has kept the momentum upwards as well as plenty of pi's who know a good thing when they see it....this still looks like a no-brainer and there are many with the same point of view, and it's so obvious why......I'm expecting this to keep nudging upwards and if the half yearly report is good ( expected next week ) then a surge from those that want properly in by EGM day. Gla holders.....Bagir's fortunes with Ruyi's backing and direction will be heading skywards in due course.....Double figures on the horizon... Gla ;-)

[moneymunch] 07/9/2018 13:23

The majority of shares are now held very tightly imho...we've had profit takers, impatient investors and those that thought the share price would drop back towards 2p.....ho Ho Ho , but we've also had at least one block buyer , stake builder that has kept the momentum upwards as well as plenty of pi's who know a good thing when they see it....this still looks like a no-brainer and there are many with the same point of view, and it's so obvious why......I'm expecting this to keep nudging upwards and if the half yearly report is good ( expected next week ) then a surge from those that want properly in by EGM day. Gla holders.....Bagir's fortunes with Ruyi's backing and direction will be heading skywards in due course.....Double figures on the horizon... Gla ;-)

[tommmy] 07/9/2018 13:18

I may buy at 1.5p when the idiots have left including MM.


Why are squirming and squealing?

You been doing the same.


what goes around comes around.

[honour among thieves] 07/9/2018 13:16

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 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