Bagir Share Discussion Threads

[moneymunch] 05/10/2018 15:19

Much more to come from those that want in for the EGM result, and then it's game on thereafter with Ruyi at the rudder....Gl :-))))

[thetrophyman] 05/10/2018 15:08

158k at 3.145

[moneymunch] 05/10/2018 14:45

3p plus on the menu....Gla holders.....EGM fast approaching along with $16.5m cazh and a 54% controlling stake for Ruyi , one of the World's largest textile apparel manufactures.....it's going to be BIG.....Ker-Ching!!! ;-)

[moneymunch] 05/10/2018 05:28

Chinese market open to Bagir.....Ker-Ching!!! .gla ;-)


From lingerie to lip gloss: why Chinese investors are buying into the global luxury sector

Chinese firms have been putting their money into the global fashion market, becoming majority stakeholders in brands like Wolford, Lanvin, Bally, Buccellati and others

5 Oct 2018

“European brands don’t necessarily know about the Chinese market so they need a Chinese investor or partner to help them navigate it and give them financial support as well as strategic advice,"

[moneymunch] 04/10/2018 18:56

3p plus on the cards tomorrow imho with the EGM in touching distance.....Roll on Tuesday. Gla ;-)

 CEO Eran Itzhak statement on the 100% acquisition of the duty free Ethiopian manufacturing base prior to news on Ruyi's interest.....the $16.5m cash injection will no doubt see expansion development and production fast tracked to service Ruyi's global textile apparel empire....Bagir is all set for the BIG TIME!!! :-)

“Ethiopia, in time, is expected to become the primary manufacturing base for the group as it combines scalable production with market leading cost and tax efficiencies enabling us to make a compelling case to global retailers to choose to work with Bagir.”

[moneymunch] 04/10/2018 15:15

With Ruyi on board, Bagir's sales revenues and profit are guaranteed to rise exponentially imho, and no doubt Ruyi will also be keen so see their investment and 54% controlling stake increase in value in a similar manner, and so i'm expecting plenty of positive newsflow on new business and supply contracts, including transfer of some of Ruyi's existing business to the duty free Ethiopian factory, which will drive Bagir's share price skywards long before the next set of financial results......Very exciting times for all invested, and every chance of double figures sooner rather than later. Gla Holders....FILL YA BOOTS!!!;-)

[moneymunch] 04/10/2018 12:03

David Beckham in a Bagir suit??? :-)

29th Sep 2018

The British Fashion Council (BFC) is collaborating with JD.com, and Ruyi for two years, as the two leading Chinese companies provide sponsorship to the BFC/GQ Designer Menswear Fund - the UK’s biggest menswear prize for emerging talent. The prize was established in September 2013. A Memorandum of Understanding has been signed in this connection.

The Memorandum of Understanding has been signed by Dylan Jones, BFC chair of Menswear and editor of British GQ, Caroline Rush, BFC chief executive, Xia Ding, president of JD Fashion at JD.com and Francis Srun, executive president of Ruyi International Group that confirms funding, mentorship and additional opportunities to develop partnerships for the shortlisted designers into China.

[moneymunch] 04/10/2018 11:21

Ps sub 3p will soon be a distant memory from the looks of it....On and Up!!! :-)

[moneymunch] 04/10/2018 11:17

A mad dash for shares thetrophyman in time for Tuesdays EGM....$16.5m cash and one of the World's leading textile apparel manufactures pulling the strings...one can imagine how much new business and supply contracts will be coming Bagir's way.....this is going to be BIG!!! Gl :-)

[thetrophyman] 04/10/2018 11:11

Beat me to it money... lots of buys so far ... at 2.9!

[moneymunch] 04/10/2018 11:10

A nice 500k buy just in.....this is going to go some soon enough. Gla;-)

[moneymunch] 03/10/2018 15:46

Get UP there...Significant re-rate coming...Gla holders:-)

[moneymunch] 03/10/2018 09:20

3p calling....Gla holders....Bagir is all set for the BIG TIME!!!...Tick Tock;-)

[moneymunch] 02/10/2018 15:30

Number 6 on the Top riser board....Bagir now in the spotlight and investor focus for the no brainer re-rate on confirmation of shareholders approval for Ruyi's 54% controlling stake and $16.5m cash at 3.5p a share...The best risk reward opportunity around....and with one of the World's leading textile apparel manufactures, the multi-billion dollar Ruyi at the helm, Bagir's fortunes will be heading on a one way trajectory to multiples of current share price ..Gla holders....On and Up!!! :-)

[moneymunch] 02/10/2018 14:30

Tick Tock..........BOOM fast approaching. Gla holders;-)

[babbler] 02/10/2018 12:02

100k share buy.

[moneymunch] 02/10/2018 09:53

I'm fairly certain that the majority of shares are now held very tightly for shareholder approval ( this time next week ) and beyond, and there are not many in free float and so any demand from those that want in, in time for the EGM result, will see the share price pushing upwards.........initially Bagir's share price will very likely settle around the 3.5p level on confirmation and game on thereafter with Ruyi's undoubted transformational direction and influence....it's a no-brainer imho...Gla ;-)

[bignads] 02/10/2018 09:44

A week (4 trading days after today) to go to the EGM and approval of the $$$ injection....

[bignads] 02/10/2018 09:40

Ridiculous spread on this share means that few are willing to buy in and sell price too low. I for one will keep accumulating at 2.5p and below.

[moneymunch] 01/10/2018 10:06

Tick up coming.......and Bagir still under the radar imho.......EGM fast approaching along with $16.5m cash and Ruyi's 54% controlling stake which will transform Bagir's fortunes in due course. Gla ;-)

[moneymunch] 27/9/2018 17:10

The calm before the storm, very little volume and no sellers of any note and still 2.5p plus to buy.... all bodes well in run up to EGM and with the majority of shares now held very tightly for shareholder approval and beyond, and so it should be interesting to see how many more will want in before the EGM result.....a mad dash for shares EGM day, if not a day or two before...... very likely. Gla ;-)

[moneymunch] 26/9/2018 12:10

Commiserations to those holding IMTK, and an example of what can happen when an equity investment doesn't go to plan....no such concerns here imho as deal completion by Ruyi was confirmed 31/8/18 and so presumably all necessary legal documentation is in place for the deal to be rubber stamped at the EGM and full payment of the $16.5m cash to follow directly after along with Ruyi's 54% controlling stake....subject to shareholder approval of course, but I can't imagine any objections given the transformational potential for all concerned.....Cash is King, and so full market appreciation on confirmation and with one of the World's largest textile apparel manufactures pulling the strings, double figures in the not too distant....10p would equate to a market cap of £67m with the increased share issue, which is peanuts compared to the majority of Ruyi's controlling stake investments, and more than achievable by the time Ruyi ramps up production and a flow of new business and supply contracts start filling up Bagir's order book. Gla ;-)

Ps only 9 trading days to EGM.

[moneymunch] 25/9/2018 14:45

APPAREL

September 24, 2018

Ethiopia Wants China to Help Boost Its Textile Manufacturing Industry

A special adviser to Ethiopian Prime Minister Abiy Ahmed said in an interview that recruiting China for help will be crucial for boosting its growing textile manufacturing sector.

This is something we've touched on before—countries outside of the usual manufacturing hubs (like China and Vietnam) are increasing their presence in the international textile manufacturing game, and Ethiopia is high on that list. What's new is the way Ethiopian officials are being so up-front about their need for China, a perceived competitor, to help them get there.

According to the interview with Xiinhuanet, the adviser, Arkebe Equbay, said that China could help Ethiopia hit $30 billion in revenue from textile manufacturing in 10 years.

Ethiopia's Prime Minister Abiy Ahmed, (L) and Chinese President Xi Jinping proceed to their bilateral meeting at the Great Hall of the People on September 2, 2018 in Beijing, China.

"Ethiopia needs China's experience and knowledge in the textile and apparel sector to fill our skill gap and make Ethiopian textile products competitive in the global market," he said. "Ethiopia has an abundant trainable labor force, low energy cost and almost free provision of land for those interested to invest in the textile and apparel sector."

He added that Ethiopia is currently negotiating with 12 large Chinese textile mills for them to set up plants in Ethiopia after the African country further understood the need for integrated supply chains.

Liu Yu, an economic and commercial counselor at the Chinese embassy in Ethiopia, said that the China-Africa Cooperation (FOCAC) summit in Beijing this month ended with China pledging to assist African countries in eight "major initiatives," including infrastructure, trade facilitation, environmental development and industrial promotion.

"China in the next three years will provide 60 billion U.S. dollars in financing for African countries," Liu said. "And Chinese companies will be encouraged to invest $10 billion during the next three years, based on the principle of open and inclusive approach to African countries."

A key benefit for Ethiopia here is that China is coming into this having learned its lessons from its own industrial growth, namely the importance of environmental awareness. That way, it won't have to deal with the costly and lengthy environmental cleanup or adverse side affects seen in cities like Beijing. Ethiopia, furthermore, is aiming to become carbon-neutral by 2025.

"We advise Chinese investors to establish environmentally friendly manufacturing plants, in strict compliance with Chinese and Ethiopian environmental standards," Liu added.