focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
My main 2 are this and AOR. Hopefully one or other will rise soon.
Ironic, how did you forget you bought 78157 shares this morning? You must be making lots of trades each morning. I average around 1-2 trades a week! I had previously worked out that even with the new shares, we would have around 2.4p cash per share, after the deal. Ability to expand operations is massive and we are told Ethiopia is to become a multibillion dollar textile exporter in next few years. News is scarce but potential is huge for BAGIR.
I never realised how impatient I was before. I guess its better that the due diligence is done now rather than have regrets after the deal is done. Still felt like something was brewing at start of week when MMs decided not to let SP slip any further. Made me think news cant be far away, then again, I thought we would have the circular by end Jan! Just hope the wait pays off.
We're waiting a long time for details. How do people see this playing out? MMs seemed keen to keep SP at 2.4p last few days despite a few sells.
and ready for the next leg up
https://www.just-style.com/news/shandong-continues-acquisition-spree-with-bally-buy_id132831.aspx With Sugar Daddy Shandong Ruyi we�re not going to be short of orders.
I think the ball is in Bagirs court, unless the Chinese are being asked to rubber stamp the details in the circular before it is released. The amount of time they’re taking is riculous, makes the ‘deposit by late December’ saga look like nothing. Still, I’m expecting huge SP rise on news. Fingers crossed GLA
could be the most important here. It will have to spell out what the strategic partnership will involve and will need to give enough positive detail to convince shareholders to vote in favour of it. Any thoughts on why it is taking so long? I assume finer details are being thrashed out with the Chinese. Could another company have expressed an interest?
Dying with drooth here.
I’m going to drink a shot of tequila every time someone trades BAGR.
Shandong Ruyi are paying for new shares worth 51% of the company, at 3.5p per share. Ask yourself, why did Bagir not just give them the company for 16.5 million? Because Bagir know that we will be worth much more than 3.5p per share with a full order book. We’ll find out the details very soon, but this is as excited as I’ll ever get about a tailoring company.
RNS must be imminent, over 3 weeks since deposit arrived, today’s trades feel like we’re getting ready for news to land, wouldn’t be surprised to see a steady rise now until details of strategic partnership are spelled out and the predictable rerate that will ensue.
At this rate we’ll be getting an update about the sizer app before updates about Shandong Ruyi. Lack of communication doesn’t help the SP here, massive potential at this price. Again, when the deal is done, Bagir will have over 2.4p per share in cash alone, plus a massive partner to fill the order book. Patience will be rewarded.
Last top up before circular/EGM, unless it takes another month, in which case I’ll top up again! Surely news is due to drop any day soon.
No floor here
Has anyone any idea why this has jumped? Not that I’m complaining, just feel like I’m the last to know what’s going on, not just in this share, perhaps life in general.
What’s caused the interest this morning? I have a few of these.
Problem is there was no telling when the circular will come, and whilst waiting on the SP to drop, miss the chance of bagging. I think the play here is top up if you can, January tax bill has made sure I can’t this month!
I had hoped they would be working on it whilst awaiting the deposit, seems they didn’t bother until deposit arrived.
Don’t know. The whole process was supposed to take 50-60 days, assuming that the money transfer was supposed to take 3 days each time. So say 45-55 days for issue circular and EGM. Not sure how much notice is given for EGM.