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There selling many uk companies due to market conditions and brexit look them up and what they have sold they have created many bargains and once out they have multibaged on worse results and revenue itx a prime example. And agree taff where getting contracts from ruyi anyway and China want in due to us sanctions as we have 3 factories. That's just part of our business CEO states they see greater opportunities with new innovative product ranges and uniform division to major us and uk clients. I'm expecting news on apps and new digital ideas. I wouldn't sell to ruyi now as totaly different from 2 years ago when they valued half our company at 16 million just for the manufacturing part. Now China hit with sanctions they want us to manufacture there products. New pipeline of initiatives and uniform division. Selling short to ruyi imo as stated in past will get more contracts from them we are already getting them due to usa sanctions no need to sell now
Any reason why two II's have recently sold out completely. Followed these for a while but not looked for a good year. SP has been falling so its either a bargain now or solely reliant on the Chinese.
Etx I bought 20 million mcap on seller out few hundred k a year revenues ast 50 million mcap on a asset worth only 200 million and 200k revenues. Look at other dogs people ramping
Look at retailers eve sleep. Quiz . Ted superdry all with profit warnings and look at mcaps look at our results with increasing revenue. New ideas new product ranges new contracts. 10 bag right here imo
I will give a example itx which I bought on the ramp on a seller out everyone pilled in then read results 0.7 million revenues omg our revenues 60 million. Another ramp I bought In big dish on 50p a table and a few restaurants over 30 million mcap . Pyc on a 500k one off payment 30 bagged in 3 days 30 million mcap. Ukog a flow test of 1000 barrels a day 300 million mcap. Cheapest share on aim imo
Found it option to purchase 8 million shares and doesn't say a price he can buy so probably why no news to keep it low if he's going to buy . 100k for ruyi deal or other change of control I bet others are interested in buying us why would it state other change of control. Wonder if he will purchase 8 million shares that is a lot of shares for the number of shares available lots in sticky hands
Pretty sure I read he also needs 8 million shares voted through as well so will be in his interest to multibag this
I bet returning CEO will give more updates than other CEO since he wants 100k for deal or any material change hense why silence. Top trader myles going AGM so we will here something
see this rising on the run up to the AGM, whether there is any update prior to AGM is open to question. Susopect there will be an update, although generally the company is too insular in the required PR.