Member Info for draft

Its just a pi that sold I think

Derampers can pre off, keep posting guesses.

We have agreed a new date for completion of the transaction with Shandong Ruyi and we are collaborating together to support potentially one of their clients with a large production order from Vietnam. At the same time we are focused on developing the Group on a standalone basis, operationally we see greater opportunities to exploit our innovative product ranges and to expand further into the tailored uniform market alongside the Group's core business of manufacturing tailored garments to major apparel clients in the US and UK."

The next big thing
It remains to be seen how much Vietnam will really benefit from US-China tensions – but many investors see it as the developing world’s next big thing anyway, says Tom Stevenson in The Daily Telegraph. Growth is solid, debt and inflation are under control and the currency is stable. The population of 95 million people is young (half are working age, two-thirds under 35), educated and ambitious. Infrastructure is poor, but improving fast.

“The country has more going for it than any emerging market in Asia or anywhere else,” says Stevenson. MoneyWeek agrees

There’s been one clear winner in the US-China trade war so far, says Chris Matthews on MarketWatch – Vietnam. The Southeast Asian country has become “a popular destination for new manufacturing investments as multinational firms seek to reorganise their supply chains to avoid US tariffs on Chinese exports”.

Labour costs in Vietnam are still low compared with China, while business is considerably easier compared with other low-cost locations, such as India. This meant that the country was already attracting manufacturers, but the trade dispute has accelerated the process. And even if China and the US come to an accord, the trend is unlikely to reverse.

“A lot of US companies will be thinking very hard about their supply chain and they want to reduce their dependence on China,” Laurent Saltiel of AllianceBernstein, a fund manager, tells MarketWatch. “It’s too risky to be exposed to just one country.”

The results are already showing up in the trade data, adds the Financial Times. “Export growth has collapsed across Asia this year,” but “Vietnam is an exception.” Shipments of goods such as phones, computers and electronics have all continued to record strong increases. Exports to the US – Vietnam’s number-one trading partner – have outperformed: its trade surplus with America is on track to reach $50bn this year – not a trivial amount for a $240bn economy.

These figures have already caught the eye of Donald Trump: back in June, he berated the country for treating the US “‘even worse’ than China on trade” and imposed huge tariffs on steel imports. But Vietnam quickly responded by pledging to buy more from the US in the hope of tempering Trump’s wrath.

Officials reiterated that commitment again last month, including a plan for a $5bn liquefied natural gas terminal and power plant that would increase imports from America while helping to meet Vietnam’s rising demand for energy.

(CNN)With a range of economic incentives like the freshly built industrial parks for garment manufacturing, Ethiopia has positioned itself to become one of the world's top exporters of textile and garments.

The East African country over the past years has opened doors for international apparel brands like H&M, Calvin Klein and Tommy Hilfiger to set up factories for producing low-cost garments in its industrial parks.

It even plans to boost its clothing exports to a total of $30 billion a year from its current $145 million.

Don't want the share going lower. Always need a much higher percentage rise to get it back up

The U.S.-China trade war is seen boosting apparel and accessory prices by 5 to 10 percent, with a corresponding hit to retailers' profits, experts said

Bagir will do well , their stuff will never get blocked

The Trump Administration is blocking shipments from a Chinese company making baby pajamas sold at Costco warehouses, after the foreign manufacturer was accused of forcing ethnic minorities locked in an internment camp to sew clothes against their will.

The government is also blocking rubber gloves sold by industry leader Ansell whose customers include surgeons, mechanics and scientists around the U.S., accusing a Malaysian manufacturer of staffing its factories with migrants from Bangladesh, Nepal and other countries who went into crushing debt from paying exorbitant recruitment fees. Imports of bone charcoal from Brazil that firms like Plymouth Technology and ResinTech Inc. used to remove contaminants in U.S. water systems, diamonds from Zimbabwe and gold from eastern Democratic Republic of Congo, were stopped as well.

U.S. Customs and Border Protection on Oct. 1 slapped rare detention orders on goods imported from an unprecedented five countries in one day based on allegations that people producing those items might be children, or adults subjected to forced labor. The orders are used to hold shipping containers at the U.S. ports of entry until the agency can investigate the claims of wrongdoing.

Who do you think it is.

The trade wars....Over the last three years the Group has worked effectively to focus on three core manufacturing geographies in Vietnam, Egypt and Ethiopia. These three manufacturing facilities, in particular Ethiopia, over the medium-longer term, give the Group a competitive advantage in the production of textiles for export to the EU and US. This competitive advantage is centered on the facilities benefiting from duty free status for sales into the EU and US (except from Vietnam), highly competitive production costs and local government support for the textile industry.



The current geopolitical environment has meant garment manufacturing in China is looking to move production outside the domestic market in order to avoid potential US sanctions. As a result, there has been a significant rise in interest from China in our Vietnamese based production creating an opportunity for Bagir and the Company is progressing a range of potential manufacturing contracts from China.

Currently the Company is collaborating with Shandong Ruyi over a potential production contract out of Vietnam for one of their retail clients

https://www.just-style.com/interview/bagir-ceo-says-suit-maker-is-back-on-track-interview_id129293.aspx

This was the year, bagir was all set to benefit from the Ethiopian factory. Theres a very good article around explaining the strategy.

Brianborne could easily increase their stake. In my opinion

Lol hahaha simply wall st is just any old chat site like motley fool. Ignore the deramper. Zero commonsense.

Yeah but sr work slow, they delayed the lycra deal too. Sr might just be waiting for confirmation Ethiopia plant is all tickety boo

Could easily still pay. Otherwise why bother with Vietnam.

250p hopefully soon

Where you getting that 3.80 from. Article link??

It can't go at this price Has to be lower of 12 months