Bagir Share Discussion Threads

[moneymunch] 08/9/2018 13:13

There is a block buyer who is building a stake as we've witnessed over the last week or so....no doubt there's a few pi's who have sold out or reduced their holding in the expectation that the share price was going to fall back to 2p and even lower as was the case following the 18/7/18 Rns confirming completion date for the Ruyi deal, but at that time there was still uncertainty because we all knew that an EGM was required for shareholder approval, and so this time around following the 3/9/18 Rns confirming EGM notice, there is much more certainty that the deal and payment of the full $16.5m will happen, just as long as the shareholders give their approval, as Ruyi have obviously provided all necessary legal documentation for the deal to proceed....

.....and so those expecting any substantial drop to buy back in cheaper run the risk of missing out as the share price holds firm , especially if we have an upbeat half yearly report which could see a significant rise as well as further block buying from the stake builder along with other buying pressure from those who want back in and those that want in in time for the EGM...only 4 weeks away...

...i'm expecting plenty of upside from now in, in run up to EGM, and the only reason for any significant downside from the current share price is if the half yearly report isn't good, but with the cost cutting and saving measures Bagir have implemented including development of their manufacturing bases in Ethiopia , Egypt and Vietnam, then there's every chance that the report will be full of positives including the groups profitability , and so a big bounce if it makes good reading..

...and sustained demand for shares thereafter in anticipation of the transformational opportunity for Bagir's fortunes on shareholder approval. Gla Holders...a Very exciting period ahead....Bagir is all set for the big time with one of the Worlds leading textile apparel manufactures on board. ;-)

[honour among thieves] 08/9/2018 13:00

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] 08/9/2018 12:45

Fair enough Zed, and my apologies to you. Gl ;-)

[big brother8] 08/9/2018 12:13

MONEYMUNCH

[zed250] 08/9/2018 11:43

No I’m not happy seeing big word like LOL SCAM and am against it

[moneymunch] 08/9/2018 09:06

Ps the block buyer was supporting the share price on Friday with his 2 x 300k buys.

[moneymunch] 07/9/2018 22:25

Lol DC, there is reason behind the madness.... you need to delve further. Gl ;-)

[moneymunch] 07/9/2018 22:14

ps ...No one off loaded any shares ....the 2 x 300k were priced at 2.65p bang on between bid of 2.6p and the offer of 2.7p....ha ha ha ha ....the share price would have dropped big time, but it didn't...they're buys....unless you're not holding as many as you should be, then they might be sells ho ho ho ho.....Gla holders...Half Yearly Results next week, significant upside if they make a good read........and regardless the Ruyi deal will be transfromational for all concerned....this is going to be MASSIVE!!! Gla ;-)

[moneymunch] 07/9/2018 21:41

BOO!!! Get ready for some action!!! ;-)

[moneymunch] 07/9/2018 21:29

and i've still got 2.5m deadhead....why do you think i would sell one share at this stage of proceedings dipstick???

[zed250] 07/9/2018 20:58

Someone offloaded about 2.5m today and moneymunch has 2.5m

[honour among thieves] 07/9/2018 16:58

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 16:52

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