Member Info for philg65

This idiot isn't invested.....just another moron trying it on!

And no mention of Ruyi so not exactly a truthful article. Best they need to get their facts right esp after the recent results.

Nice try at deramping but not good enough!

Crypto...sell then cos your moaning is doing my head in!!!

Of course he is...both Victor Meldrews!!!!

Aim, you can sell now.....please!

dnd....you'll be turning negative v soon!!!

Alpha, point taken. It could be that the eye's are still on the prize and it's perhaps diverting their concentration away from their core business. It's all supposition!

If business is generating higher revenue's than originally received and forecasted then they have very good reason to ask for a higher price.

Let's see.

The only cause of action against them will be to keep the £3M........Ruyi could have them dangling on a bit of string until eternity! No machinery this time, then cut the relationship.

Can't see Bagir pulling out as they sounded desperate to keep the deal alive hence allowing the extension! Depends if the new CEO has any balls to pull out!

Ok, taking bets on the options:-

1) Machinery delivered bang on the last day
2) An RNS highlighting that they still want to deliver the machinery but another month or so and usual delay jargon
3) Ruyi have pulled out for whatever reason and we can crack on!

And there you have it....now a penny. Tracey needs to really improve on those rev figures!

Back down to a penny......Msys need to tie up with that major sooner than later!!!!

Judging by the results, this will be a very long term hold. They need to certainly sign up a major in the bioprocessing field as this seems to be the significant revenue growth area.

If we can acquire the machinery then it should accelerate growth......maybe the Chinese want to embed security devices into the new clothing..... :D

Quick, I concur with your point. I just don't trust Ruyi to be forthcoming but it's up to them to prove me wrong.

Based on the last trading update, I'd be surprised if the Chinese pull out and to lose over £3m. Furthermore, to hood wink the current board is certainly not cricket but in a cut throat business world, then perhaps this is the norm!

"During our conversations, Shandong Ruyi have reconfirmed their commitment to deliver this manufacturing equipment to the Company's Ethiopian manufacturing site by the end of September 2019"

..........

Don't get ahead of yourself....if and when. Also, they have only paid a deposit of over £3m. Nowt to stop them walking away !

If we get the machinery by end of Sept then Ruyi will have shown commitment and the SP will rise accordingly (and dare I say by a massive margin).

If we don't get it or another delay due some BS then I would argue a case that we keep the non refundable deposit and walk away from the deal.

Prime,

I still have faith that Ruyi will produce the goods but then I had faith in Spurs beating Newcastle!!!!!

??

Looks like Miton are dumping some more.....another 2.5m offloaded this morning!