Member Info for Moneymunch

tomorrow i reckon, and it now looks like no one's getting in much cheaper than current sp......and maybe much higher for those that want in for the EGM if the report confirms profitability and rosy outlook etc. Hla Holders Tick Tock Boom!!! ;-)

Lol...knee Jerk reaction, and still surprised how the offer didn't drop and the prices the 250k's got???

at second glance maybe they are, although you would have thought the sp would have fallen more???

I don't think they're all sells , if you check the timings and prices!!!???

The majority of share are now held very tightly..;-)

ps....Half Yearly Report either tomorrow or Thursday, as per timing of previous two years....fingers crossed for a good read. ;-)

Lol...no one is offloading in volume, except maybe you over the last week...Ho Ho Ho....when the two ii were selling in July we were getting rounded trades of 500m and 1m mostly reported after hours....and I reckon the opposite , it looks more likely we've got several stake builders over the last couple of weeks, hence the block buys and lumpy buys we've witnessed. Gl :-)

Ps and at this 11th hour in proceedings, I'm not too sure why you think the sp is going to drop significantly, any weakness is immediately bought....and for good reason....:-)

Half yearly report expected this week, and so high chance of 3p plus on positive data, especially in run up to EGM for shareholder approval for Ruyi's $16.5m and 54% controlling stake. Gla :-)

OR SOONER!!!

Ps Tony , hope you're still holding some. Gl and ON and UP!!! :-)

I'm not too sure if Ruyi are allowed to buy at this stage in proceedings, I don't think they're allowed to hold more than the allotted 54%, although that doesn't stop friends and associates, but more likely other players building a stake or just want in....there's also a chance of those that might know the content of the half yearly report....if it's good then this could easily jump to 3p, especially in run up to EGM. Gl :-)

Here come the buyers....Gla....On and Up!!! ;-)

If you're happy to sell at current LEVEL and expect the sp to drop significantly lower then that's up to you

Lol Tony, I have no doubt the quotes are real and have no concerns either, I'm holding for the inevitable re-rate on shareholder approval and will be holding the majority for even bigger things to come thereafter. If you're happy to sell at current keel and expect the sp to drop significantly lower than that's up to you, although you've gone from Uber ramper to gloomy pessimist which suggests that you're hoping and maybe even helping to drive the sp lower...anyone who wants to buy in any volume ain't going to get in much cheaper than the current sp imho unless the half yearly results are bad, but chances are they should be reasonable giving the cost cutting and saving measures Bagir have implemented over the period, and so those not in yet may have to pay a premium if the results are OK ( expected this week) by which time we could see a flow of new investors to push the sp upwards with the EGM fast approaching. Gl:-:

Bagir ahead of the curve with their 100% Ethiopian factory already up and running and about to get a $16.5m cash injection from Ruyi who will be keen to develop, expand and increase production. Bagir's order book will very likely soon, be full to the brim with new business and supply contracts which no doubt will be transformational for Bagir's sales revenues and profitability. Gla ;-)

China Is Turning Ethiopia Into a Giant Fast-Fashion Factory

The project is Beijing’s big experiment in outsourcing, and a $10 billion shot in the arm for the African nation

Hawassa Industrial Park did go up quickly, thanks to a state-owned Chinese construction company that banged out 56 identical hangar-size, red-and-gray metal sheds devoted to textile production in nine months, for $250 million, according to the Ethiopian Investment Commission.

Lured by tax incentives, promises of infrastructure investment, and ultracheap labor, countries the Western world once outsourced production to, particularly China and Sri Lanka, are now the middlemen ramping up production here for Guess, Levi’s, H&M, and other labels.

These industrialists like Ethiopia because the government wants them as much as they want cheap labor and tax breaks. The Hawassa Industrial Park’s inauguration is only the most recent part of a vast centralized scheme: Since 2014, Ethiopia has opened four giant, publicly owned industrial parks; it plans eight more by 2020.

The industrialists who set up shop here are exempt from income tax for their first five years of business and absolved from duties or taxes on the import of capital goods and construction supplies. Ethiopia can swing such largesse because it gets lots and lots of money from China: $10.7 billion in loans from 2010 to 2015, according to the China-Africa Research Initiative at the Johns Hopkins University School of Advanced International Studies.

Right now much of the money is being spent on lucrative contracts for Chinese companies that, with help from Ethiopian labor, are building dams, roads, and cellular networks. This infrastructure, the Ethiopian government says, will allow the country to join the global middle class. “The plan is to create a total of 2 million jobs in manufacturing by the end of 2025,” says the Ethiopian Investment Commission’s Belachew Mekuria

a nice bounce on positive data..... ;-)

More buys than sells Tony, you spent all day telling us that you were being quoted 2.5 and 2.52 to sell, on the bid or close to the bid, yet the majority of large trades were well over the bid and closer to the offer......all in the mix regardless as the sp holds firm in anticipation of imminent Half Yearly report, and so get ready for a nice bounce of positive data, and then game on as we get closer to the EGM....less than 4 weeks to go..... Gla Holders...those wanting in cheaper on any volume will struggle , unless the half yearly report an't great. ;-)

https://uk.advfn.com/p.php?pid=trades&symbol=LSE%3ABAGR

463k

463k

the Smart Money is accumulating. :')

Ps Tony if you could sell 1m at 2.52, then obviously the after u ours late reported 427k at 2.627p is yet another large buy that we've seen today.....the smart is accumulating. Gl :-)

Lol Tony, the stake builder and others are accumulating right under your nose....ho ho ho ;-)

Lol Tony, don't get left behind....momentum building, excitement building....Tick Tock Boom!!! Gla holders;-)