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Better to have an active chat board where we share different opinions imo no one invested or considering investing here would want a board with tumbleweeds ?
Welcome back taff
Hope we get news soon
And was you need help look at your posting history on just one share. And no I won't stop posting. There is a filter button for me if you don't like what I post.
Totally agree with that post K3.Nice to see Was make a re-appearance tho lol.
THe uncertainty here with the Ruyi deal has really hurt sentiment here . Before the ruyi deal was announced we were circa 1.7-1.8p are we really worth less than half that now on the back of the last results and the Ruyi deal still being in play ? Reminds me of when sentiment at EUZ was at an all time low and the price sank to 0.0012 that window to buy at the bottom didn’t last long and within weeks momentum began to build and it ended up 6 bagging to 0.07. Let’s wait and see what happens over the next few months Gla
Got to be the most undervalued share I've invested in since I started this game imo
Crazy what people are chasing at present. One share up on a few thousand revenue a month and possibility of a million pound contract. We have 60 million revenues a possible buy out of 16 million. Expanding next year with more contracts from china and could possibly get back to 100 million revenues a year and we have a 2 million mcap total madness. As I have said if we had a run of good news could easily get to 20 million mcap here. Imo
Exactly! Not just ruyi looking for production sites out of China. You only have to do a bit of research on google to find out companies are looking for cheaper production sites and we already have our own sites. Both Ethiopia and Vietnam are set to grow in a big way. Only my opinion of course by research I've done but I think we will get bought out for our factories alone. Then there is also uniform division for large corporate clients. And we also have our own product range in large department stores in many countries. Also new innovative products are also mentioned especial for large clients in usa
Yeah I wondered if that was an unsubtle and friendlyish way of pointing out to ruyi that now they have broken there commitments we are free to take any other deal that comes our way, and keep there deposit!
Other change of control probably just making sure he gets his 100k if there is another buyout offer from someone else. That may be the case since production is moving out of China to avoid us sanctions and tax .
Bagir had earlier announced that Shandong Ruyi is committed to provide suit jacket manufacturing equipment, with an estimated market value of approximately 1.3 million dollars, for exclusive and indefinite use in Bagir’s Ethiopian manufacturing facility, free of landed costs, for nil consideration. Now, Shandong Ruyi has agreed to deliver this manufacturing equipment to the Bagir's Ethiopian manufacturing site by the end of September 2019.