Full financial report19 Jul 2018 15:32
I just went onto the Bagir website and read through the latest full financial accounts. I have to say, feeling very confident about all of this far beyond the 3.5p buy in. It'll be interesting to see how much the Ethiopia change helps reduce production costs. The director salaries are significant at £877k but with the revenue streams coming in and tie up I can see a bright future for the company.
As for today - clearly a large background sell going on. Not sure why in truth, when from everything I can see the future is very bright here, but clearly they have their reasons. For me the fundamentals are nailed on so I have no qualms about this being a great hold and will continue to top up as and when opportunities present.