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just topped up again here.. gut instinct only... and as a speculator I'm prepared to lose much of what I bet....
Ps : equipment not arriving by end of sept is not deal over in my mind
Also the Balance sheet was looking tricky the last time...debt/liabilities rolling up quickly for eg - ..so it'll be interesting to see the latest picture..
I'm getting back to a meaningful holding here now.. so here's very much hoping..
No sign yet of Milton selling Any more still 56 Percent of shares not in public hands hense why moves like a rocket on good news. Just a waiting game this will bag at least imo. Been in business since 1961 and sell products in 25 store groups. There aim is to get contracts with worldwide major players. This is seriously undervalued.
Not a word from the company....schtum...zilch....nada...can't be good,but not confirmed bad either....still,I don't think the SP can do lots worst from this level so will hold and wait....
while already very low imho, this s/p could of course go lower still , plenty lower still, sadly..
if Miton sell out completely quickly and or SR notify that they're no longer looking to buy that stake , and or if the next results are bad .. etc.. while 5p is doable here... so is .5p.. or worse.. (where you're looking for big upside you have to be prepared for big downside too...this is gambling after all ..)
At a 2.5 million mcap. It won't go much lower for long imo there is 26 million dollars of back orders with 3 months of more orders. UK market is dire hense why they where concentrating on usa market
There up on orders last 2 years. Looking at previous financials we are undervalued by a long shot. Imo find out very soon imo
Equipment adds 1.3 million dollars market value for free approx 1 million UK pounds. Deal still on. Equipment arrived and good result should be well over 2p imo and that's still undervalued
Too cheap wait for news and see what happens imo
And correct deal worth 24 million at a sp of 3.5p
We currently are at 3 million mcap and a sp of 0.85 4 times lower than deal price. Plus free equipment worth a million to bring new a new suit production line to cope with increased demand and orders which keep increasing
They have done the right thing moving out of the UK market which is dieing and into American market
dnd2136 your a stooge trying to ramp up this share so more people get stuck with their money. You need give the ramping a break.. its getting boring.
All there in previous rns. Posting facts gets you called a ramper block me then
How many times are you going to repeat the same information.
Until I get 200 percent 2.4p then I will move on
You seem desperate to over promote this share. Which signals this share price is going further south. Like it has been doing for the past 5 years.
Fact is it's make or break time before the end of September :
The extension of the unconditional completion date to 31 March 2020 is conditional on Ruyi providing to Bagir all fabrics and the manufacturing equipment by the end of September 2019.