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I've spent all nite reading uk companies results. Full of debt issuing profit warnings. Less revenue millions of loss and blaming brexit. Bagr have produced more revenue . Cost cutting. Positive out look states well positioned for this year . Will be in profit this year . Everything positive and we're sat under 3 million mcap other companies with nothing got mcaps over 50 million
Another one bites the dust thomas cook that was obvious 1.5 billion on debt small profit margins. Hundreds of shops with several staff when everyone books online now a days. Glad bagr moving to usa market joke this country and brexit we're doomed
Past results are far better than most in this sector. I keep reading results of companies with simular revenues and massive loses in the dieing uk markets and have mcaps 10 times higher. Madness. I like they are concentrating on usa market. Also like the cost cutting and the move to Ethiopia which is cheap as chips. And a large revenue increase this year compared to last . First 3 months of the year revenue up 40 percent. Not having a good feeling on this deal now as no update. I would love a rns with equipment on site also credit terms not payable until March next year which will help. Everything moving at a snail's pace with this deal but was like that waiting for deposit. The old CEO back again also a benefit. We need more updates here. Long periods on aim with no rns will just crash the sp. The deal also killing the sp and Milton selling also the terrible uk retail market. If this was listed on the USA market we would have a mcap at least 5 times higher. I still like this company and think it's undervalued by a long shot. Hard to find a decent stock we have companies saying going to delist and then 4 bag. Total madness at this mcap. Looking forward to results but if this deal off and no equipment will crash . The gamble you take. Buy at bottom or wait for boom or crash. Should not be valued down here anyway in my opinion.
If we can acquire the machinery then it should accelerate growth......maybe the Chinese want to embed security devices into the new clothing..... :D
Yes do your research. Easy to find
How do you know its growing in the USA . Do you have proof?
Not surprised this company coming out of UK market which is dieing usa is there goal which is still growing worth trillions of dollars and biggest in world. Cost cutting increasing orders should be back in profit next results should have a mcap 4 times higher. Total joke this mcap because of dieing uk markets when most of our customers usa
News next week
Sticking this one out till I see a hefty profit , I’ve been in and out of
Omi @ 2.3
Algw @1.15
Bou @.0095
Euz @ 0.017
Sold out for a small loss on all the above and Missed many bags through impatience. Live and learn ! The
Not feeling particularly positive about Ruyi delivering the goods so to speak before the month is out , but I do believe the company to be undervalued regardless of the deal so I will hold and continue to add on any drops !
Fingers crossed though!
Has nothing to update because "our friends" simply keep delaying their committment.....they have done it already before,and looks like they are going to do it again...by the end of the month (10 days....) we should get information of what are they up to....YET, not less important an update on the current trading....remains to be seen.
I doubt they would release that kind of information to an individual. Especially as they know the whole of their shareholders are waiting to hear this information.
I did get an email back from them yesterday doesn't sound like there's any news as yet, and if there has been no news of it being shipped I would think it's not going to arrive any time soon!
As announced on 19 June 2019, Ruyi reconfirmed their commitment to deliver the machinery to Bagir by the end of September. We will make an announcement when there is any material update or change to this situation.
Best regards,
Bagir Group Ltd.
Somebody needs to remind the BOD that they have shareholders that they need to keep informed. This company needs a bit of a shake. We should be kept informed on a regular basis, but it just doesn’t come from these people. Something needs to change and quick.