Member Info for Sandman1982

Lol why are you so desperate for people to sell??!! ....... hold on its because you want to buy! First you say 2.4p and now 2.2p and so on and so forth. Clear as mud!

No need to allot anymore shares as Ruyi are taking a 54% stake otherwise their share would get diluted if more shares are issued in the future. Funding will come from Ruyi going forward and as BAGIR are debt free we are hoping they will increase their profits significantly. therefore no dilution and an increase in share price is inevitable. AIMHO. GL All

Likewise will buy into any drop in the 2-2.2p region.

This BB has in general been pretty pleasant. Now we have the right type of news here for future growth expect a few more derampers to arrive over the course of the next few weeks. Personally if it drops and i have funds available i will be buying some more :)

to see the RNS which was expected this morning. The share price will go up and down however the main thing to realise here is that the mid/long term trend will be up on this with a $1 billion+ company now taking a large share of BAGIR. I'm looking forward to the big contracts coming in which is 100% obvious due to the cost of manufacturing and the profit margins.
So for anyone who has a little bit of patience just sit back, relax and enjoy the ride north. 8/10/12p will be easily achievable, if not more over the next 12 months. That's because Ruyi will want to get a move on with shifting more production here to protect their profit margins. I suspect once BAGIR grows then Ruyi may just buy them out or we can expect nice dividends in the future.
Either way hold for gold in 12 months+. I prefer to do this rather than trade and worry if Im going to make money or lose it.
Will be looking to stick a little more into my ISA and perhaps top up again if its sub 3p after pay day which is in around 3 weeks time.
Adam, hope you stuck around and are feeling more relaxed about your investment.

GL All.

To complete by 31st August can either mean end of business day typically 5pm for example or going by calender day which means 23:59. So both of the above have not occured yet. Anyway if no RNS arrives Monday morning then feel free to express concerns over a missed deadline with a specific date. I wont argue with you there.

PS JV’s/Takeover’s can take time and indeed in some cases more than a year. All the due dilligance, etc etc that has to be carried out. The planning of new infrastructure all takes time. You seriously arent expecting them to hand the money over and then sit down with them and say right gents now what do we do....

Not exactly pocket change is it? I would be annoyed too if my potential partner wasnt paying for their share of my Mars bar. Don’t forget the BOD have to agree to Ruyi’s proposed director(s). None of this can be agreed upon over a cup of coffee. However they have given 2 payments upfront to let the BOD know that they are serious.

Better sell up quick Adam!

Ps if they havent used the money then thats a total of £15.4 million paid. Current MCAP is 7.7million and we are debt free.....

Options at 8/10/12p so i think double digits within the next 12 months but this is AIM so could happen alot earlier. Plus does anybody know what Bagir have used the 2 initial down payments for? May have already been instructed by Ruyi to start doing x, y and z while final payment is going through.

I would have thought so but as you say why hasn’t it been declared who the 14% holder is. Looking forward to the full launch. Im sure the share price will spike for the traders.

Yep im happy to wait. Have an average of 2.42p here.

Yep 2.5p to buy lol

Damn should have waited lol

Paid 2.645p for 87,200 shares. Thats me done now :)

Morning all looking for my final top up today. This one will be a trade only. Hoping i can buy for a similar price as yesterday. GL All

They are committed to completing the deal for the end of the month. The resolution itself would be easily passed. Us PI's are a minority.

Hopefully Ruyi don't buy the other half until we are in double digits.

I'm beginning to think once this investment is confirmed they are likely to start placing orders as soon as due to the low costs even though the plan is to expand the factory. Anyone else's thoughts?

I would love to know how long it would take to expand the facility (~6-12 months?). Would be worth asking.

Many thanks :-)