Member Info for Moneymunch

Ps here's a recent example of the Ruyi effect on a company they took a controlling stake, they've also made several high profile acquisitions of major listed fashion/brand companies and have never delisted any one of them!!! The lowlife detractors will stop at nothing in their desperation to undermine and deter investors...a sure sign of good things to come...Tick Tock Boom!!...:-)

In November 2017 Shandong Ruyi paid HK$2.2bn (£213.5m) for a controlling stake in menswear group Trinity, which retails and wholesales high-end menswear brands including Kent & Curwen, Gieves & Hawkes and Cerruti 1881.

FASHION

Trinity blooms under Shandong Ruyi

Retail Asia

28/08/2018

AsiaInternationalTrinity

Menswear retailer Trinity has announced double-digit same-store sales growth in its first half year.

The period coincides with Shandong Ruyi International Fashion Industry Investment Holding taking a controlling interest in the group last April.

https://www.retailnews.asia/trinity-blooms-under-shandong-ruyi/

Lol Tony, hardly a rumour, just a lowlife scumbag showing his desperation in run up to shareholder approval for Ruyi's $16.5m and 54% controlling stake which will be transformational for all concerned.....They don't want you invested!!! Gl :-)

Depends on how much you wanted to pay....what was your buy price??? ;-)

Ps .....What I really like about Bagir at the moment is that any downside is really limited with the Ruyi deal now looking like a done deal imho, and so the risk reward is firmly in our favour, and the potential upside could be multiples of current sp as Ruyi takes Bagir forward....we're not waiting or reliant on drilling results or clinical trial results etc that could make or break, we're waiting on shareholder approval for a deal that will be transformational for Bagir and its shareholders fortunes.....this really is a big deal for all concerned, and at this stage it looks a done deal, and I'm sure Ruyi have big plans for Bagir's development and expansion that will take us to double figures soon enough. Gl :-)

3/9/18

The use of the investment by Shandong Ruyi, to directly target expediting the development and expansion of the manufacturing facility in Ethiopia, will significantly accelerate the timetable for the operational potential in Ethiopia to be realised enabling the facility to attract and compete for major apparel manufacturing contracts from large international retailers which generate an acceptable level of return to Bagir.

-- Shandong Ruyi, as a result of its significant international textile and retail investments, is well positioned to provide the Group with significant new commercial opportunities.

-- The strategic partnership has the potential to have a transformational effect on the operations and the prospects of the Group from which all Shareholders and Depositary Interest Holders will benefit.

-- The strategic partnership with Shandong Ruyi will increase the Company's own profile and reputation.

Spot on Terrier54, we've also got the Half Yearly Report to look forward to, last year's arrived 11th September, and so if it makes good reading then sub 3p will most likely be history in run up to the EGM. Gl :-)

There's also very often a concerted effort to deter and undermine, prior to a significant re-rate on shares that are just about to.....the fact that Aimgambler is here is a good sign imho as he's probably under instruction.....there are those that have influence that are determined to make sure that lowly pi's are discouraged from holding shares that are about to significantly increase in value...Ker-Ching!!! Gla :-)

Lol desperado....I have vested interest l.....and you don't....why would you spend your valuable time posting negatives on a share forum where you have no interest....I certainly wouldn't......and so what are your motives.????

Lol aimgambler, how many more times!!! and why are you so desperate to deter investors in run up to the inevitable re-rate???

And EGM is required for shareholder approval before Ruyi makes the full payment of $16.5m and takes their 54% controlling stake.....Bagir was waiting on Ruyi to provide necessary legal documentation and Director nominees from Ruyi to complete the deal on 31st August....Monday's Rns confirmed this and niw Ruyi are awaiting shareholder approval before they deposit full payment......I have no problem in waiting until 8th October for the cash....it's a done deal.....and Bagir are all.set for a massive upturn in their fortunes through the expansion of the Ethiopian manufacturing base,.as well as Egypt where Ruyi are also heavily investing ....asolutions shareholders will be well rewarded as new business and supply contracts flood into Bagir's order book to service Ruyi's global empire....Gl :-)

Ps why don't you buy some shares instead of trying to deter others from doing so.....what's your motivation???

.also I don't think TRUMP would mind in any US institution investing

Terrier, I don't think they are offloading, otherwise we would see 1m plus after hour sells etc....the recent drop was purely down to profit takers and impatient traders bailing out temporarily because of the timing of October's EGM and the perception that the re-rate won't happen until the $16.5m cash is in the bank....ans so they run the risk of missing out on the current low as momentum builds.....also I don't think would mind in any US institution investing in an Israeli company with Ruyi's 54% controlling stake....Ruyi have created 800 jobs in US recently with the opening of a cotton mill , exactly what Trump wants for those area's in the US that have been in decline. Gl ;-)

https://www.google.co.uk/amp/s/www.bizjournals.com/memphis/news/2017/05/11/chinese-textile-company-to-invest-410m-bring-800.amp.html

The sp could jump in a blink to reflect fair value and potential on the transformational deal with Ruyi, and so better in now imho for the inevitable re-rate.....it's coming sooner rather than later. Gl ;-)

ps any positives from the Half Yearly Report, expected soon, should see plenty of upside in run up tp shareholder approval and the receipt of $16.5m.....On and UP!!! ;-)

Resolution 9 is the facility for Bagir to raise funds through a share placing of up to 10% of the issued number of shares, just like every other listrd company and they have just confirmed that they haven't reinstated this facility......3p plus today anyone???? ;-)

It essentially confirms that it's a done deal imho, and so it's about time the market woke up to the significance of such a transformational deal for Bagir's prospects and potential, and with Ruyi on board with their 54% controlling stake, they're heading for the BIG TIME, a one way trajectory from a small cap company to a mid cap leading player, in the not too distant. Gla Holders......3p plus coming just for starters:-)

Post Monday 's Rns , i think we've already seen the lowest entry point today,....3p now calling imho for the no- brainer of no- brainers.......Gl :-)

Ps Half Yearly Results this month. :-)

I hope you're still in Tony, but you appear to have gone from Uber ramper, including during the time when the sp dropped sub 2p, to very quiet on Rns day on Monda along with a few others who have disappeared, , to undeniably pessimistic and down playing Bagir's imminent upside potential.....any way let's wait and see what the market makes tomorrow of Bagir dis-application of resolution 9, I can only think of one reason why they would have done it.....they're 100% certain that the deal will be approved. Gl ;-)

Ps Tony, most pi's who are invested wouldn't go into overdrive to try and undermine and play down Bagir's imminent upside. Gl :-)

I think he's out at the moment, along with a few other absentees since Mondays Rns.....Gla holders....Bagir are heading for a mid cap leading apparel manufacturer under Ruyi's global influence....On and Up!!! ;-)

Lol Tony, sounds like you sold out too early.....Bagir confirmed in the Rns that if the deal didn't go through then they would have to raise funds themselves through dilution ie share placing...with no guarantees, and they have just confirmed that they haven't reinstated Resolution 9, the facility that they would need to raise funds....now why would they do that???? Ho Ho Ho....3p plus tomorrow looks very likely imho.....it's a done deal!! Gl :-)

Every chance and so we should be , given what we know......Resolution 9 is the facility for Bagir to raise funds through a share placing of up to 10% of the issued number of shares, just like every other listrd company and they have just confirmed that they haven't reinstated this facility. Gl ;-)

It essentially confirms that it's a done deal imho, and so it's about time the market woke up to the significance of such a transformational deal for Bagir's prospects and potential, and with Ruyi on board with their 54% controlling stake, they're heading for the BIG TIME, a one way trajectory from a small cap company to a mid cap leading player, in the not too distant. Gla Holders......3p plus coming just for starters:-)

Ps and with the dis-application of resolution 9, maybe a hint from Bagir and a sure sign that all major shareholders are in approval and Bagir will soon have the full $16.5m cash in the bank and Ruyi will have their 54% controlling stake. Gla :-)