Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Should be a steady rise up.
DYOR
UK
Worked -past tense. for a year before i went to uni.
I worked for them in the UK - In a factory - that took delivery of suits for M&S and Balmain, pressed them and sent them to stores all over europe.
They definitely exist.
Now this board is getting ridiculous when someone comes on here spouting that they're worked at Bagir with their first post....never laughed so much!
Maybe it's Tessa.
And where did u work for bagir? Which country?
Quirkof, welcome.
Not saying much myself these days,(no point just for the sake of it.....)but nice first post mate.
This message board is the most dramatic ridiculous stream I've read. I've actually worked at Bagir.
Its exists
Its undervalued
Calm down and forget about coming on here everyday to worry and or talk it down.
Marketanalyst nailed it , the disconnect in value here is huge ! I’ve been buying for a while after first buying 250k for .89 which I thought was a steal . Have since added 1m + and now average 0.72.. very happy to hold and see what happens gla
So undervalued and worth so much more than 2mill
Thanks Mark.The key issue is where is this overhang stock coming from ( I had another nibble today to average down), is this the old Miton stock that needs clearing?With our friend buying, i would of thought this would have all cleared by now?Who else is selling?Prime.
Re-posting again from Advfn- marketanalyst1: Anyone heard of the Bagir Group? You know, the 59-year old, London-listed, Israel-headquartered, global innovative tailor? It specialises in developing, manufacturing and marketing of high quality men and women’s clothing. Anyone? Well, if I were to tell you that the Bagir Group is currently the most promising recovery play on the AIM market you’d probably charge me with irrational exuberance having unduly escalated its intrinsic value. Alternatively, if I told you that the £1.7m-capped Bagir Group not only registered a 32% increase in revenues for the six months ended 30 June 2019, but is also on course to smash current market forecasts with projected, year-end (2019) revenues coming in at £45.78m ($59m) you might, quite rightly, sit up and listen. Better still, when I tell you that, at £1.7m (0.60p), and less its current cash balance of £1.54m, means the market is valuing Bagir at a nonsensical and wholly irrational valuation of £200,000 you might bark the unsavoury but apt remark, “What the ….!” And so you should. To value a £45m per annum revenue-generating company, with gross margins of 11.9%, and a positive adjusted EBITDA performance of £770,000 ($1.0m), at £200,000 is nothing short of vacuous nonsense. And it is for this reason that hardened businessman and serial investor Ben Ezry (Shlomo Haim) is tripping over himself to snap-up as many shares as he can. By the way, and for those unaware, Ben Ezry is one of the richest people that have emerged from the Israeli high-tech sector. And as K1ingkonggb aptly puts it, there's three likely outcomes with monsieur Ezry's stakebuilding. I'm going for a down and outright offer for the business. This is in line with his modus operandi: buy, build, and sell. Thus, I have only three words: Follow the money.
Tick up coming
I think this is one of those shares that could go up a lot but is underpinned by its fundamentals. It is risky, but the fact is that they've built a lot of values in the Ethiopian factories
That said I'm not expecting this to complete with Ruyi in March due to Corona, but Ruyi not on board is priced into the share and then some anyway, so it's a calculated gamble
Never heard a truer word spoken in chat rooms.
Advfn, Market analyst1
'Private investors would be wise to note the following; • Richland Resources is an AIM cash shell with circa £280,000 cash and is valued at £1m; 3.6x cash value. • Nu-Oil and Gas is an AIM cash shell with circa £380,000 cash and is valued at £2m; 5.2x cash value. • Bould Opportunities was an AIM cash shell with circa £800,000 cash and was valued at £2.8m; 3.5x cash value. • Bagir Group is a well-established (59-year old) innovative clothing manufacturer with circa £1.54m cash, £45m annual revenues, and gross margins of 11.9%, is currently valued at £1.6m; 1.05x cash value, and zero consideration given to its considerable design, development and manufacturing business that boasts net assets of £10.98m ($14.2m). So, based on the above, let’s have a look at three, hypothetical, valuation scenarios: 1. As an ‘AIM cash shell’, Bagir would be valued at £5.39m (3.5x cash value) or 1.70p per share. 2. As a company looking to put itself up for sale, and return cash to the shareholders, Bagir’s BOD would assign a base ‘sale price’ of £10.98m (net asset value) or 3.53p per share. 3. As a company within the textiles, apparel and luxury goods industry (sporting an average PE ratio of 21.1x), Bagir’s current PE ratio sits at 0.5x. However, were it to be valued in line with its peers, Bagir would command a market cap in excess of £65m or 20.93p per share. Thus, on all three scenarios, Bagir is profoundly mispriced. And yes, the stock market is not always the perfect arbiter of value. However, for as sure as night follows day, the market will soon move to correct the mispricing. In the meantime, head honcho Micha Ronen, a seasoned turnaround expert, is rapidly restoring value to Bagir and attracting new, high net worth investors.'
That's the thing. Most like me are in at a higher price so there won't be a major sell off as this goes up
Glad I averaged it down below 1p today
Many have averages 1p +
The higher it goes the harder it will be to buy.
Had to average down to 0.8p today.
I got 10 grand at 0.75
Picked up a few, weren't that easy to get hold of
Screw it averaged down a bit.
Great post. Still sitting with an average of just over 1p. Very hopefull of being in the blue soon.