Member Info for Scully12345

When is the EGM?

Sorry I just meant to copy and paste this! Eran Itzhak, Chief Executive Officer of Bagir said: "We are delighted to be putting this proposal to our shareholders as we believe it to be transformative, creating a platform from which Bagir has the potential to become a significant player in our market of apparel manufacturing."

Text HighlightingHomeShare PricesShare ChatFinance NewsReuters NewsSharecast NewsRegulatory NewsProfessional News Share TradingForexMediaBlogsLive PricesShares BookshopFinance ToolsMembersPortfolioWatchlistPremium ServicesWhat’s NewUser SettingsFantasy Share GameLogout EXCLUSIVE: Ascent CEO Colin Hutchinson with latest on review and permitting Latest Share Chat BPC. Bannister Urges Move On Shell... UKOG. To be out of this over the w... SOLG. Maybach... I think it's been... TOOP. £888 . Glad to see it r... BCN. @degsie. That list is dated, ... FOOT. This one is about to fly bac... BAGR. is quite something. EGM ... I3E. Yep 41 mill shares in issue, ... UKOG. why do you think the share i... AEX. Absolutely not Apache haven't... Home :: Regulatory News (RNS) :: Strategic Partnership and Notice of EGM Regulatory News Strategic Partnership and Notice of EGM Mon, 3rd Sep 2018 07:00 RNS Number : 4912Z Bagir Group Ltd 03 September 2018   3 September 2018 Bagir Group Ltd. ("Bagir" or the "Company")   Proposed Strategic Partnership with Shandong Ruyi and $16.5 million investment Posting of Circular and Notice of Extraordinary General Meeting   Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring is pleased to announce that further to its announcement on 23 November 2017, that it had agreed terms with Shandong Ruyi Technology Group for a proposed investment and strategic partnership under which Shandong Ruyi will invest $16.5 million into the Company in return for 359,560,310 New Ordinary Shares representing 53.7 per cent of the Company's Enlarged Share Capital. The Company has today posted a circular to its shareholders containing further details of the Proposed Investment and notice to convene an Extraordinary General Meeting at which the resolutions required to enact the Proposals will be tabled.   The Proposed Investment values each New Ordinary Share at approximately 3.5 pence per Ordinary Share and represents a premium of 155 per cent. to the mid-price at 12:10 on 20 November 2017, being the point at which trading in the Ordinary Shares was suspended ahead of the announcement of the Proposed Investment on 23 November 2017.   The Board considers the Proposals and the passing of the Resolutions to be in the best interests of the Company, its Shareholders and its Depositary Interest Holders as a whole for the reasons set out below: ·   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 a

I agree with Cyborg - BoD give us a RNS!

Kapkina based on your probability would you mow add the variable that the share price still drifting pretty much sideways today and an improvement over the probability of an imminent deal.

I said today would be critical as it's the first trading after after exclusivity ended. It hasn't dropped to 1.50p or 1p or 1.60p or any of the derampers' predictions

Bongabob you've been saying it would drift down for over a week now and it hasn't. This share price consolidation and steady sideways movement shows to me the major is still on negotiations and a JV is highly likely IMHO

Share price looking steady. Which says to me deal still on.

MisterPositive to let us load up cheap?

Looks like they are probably stops that got hunted and triggered at 2.4 etc

No wonder this share is called BAGR - this will likely be a multibagger! Note the keyword from the RNS: TRANSFORMATIVE!

So far so good. BAGR also looking good so I've bought some there. RNS for BAGR out today good news.

My buy at 2.70p for nearly 500k shares isn't showing yet GLA

It soon bounced from that treeshake so that's a good sign imo

It's a false spread, tree shake IMHO

Significantly less probability of downside after last week's steady share price performance i.e. it held.

Today's performance should indicidate if it will drift down before AGM. I think it's going to build in anticipation. IMHO

Today will be significant and very telling IMHO. It's the first trading day after the exclusivity period ended. I don't think it will be in this price range one way or the other, by close of play today IMHO.

Brainer is this one worth a punt this week?

That's great I only have about 680k in BPC but if they go down to low 1.70s again which I doubt then I'd like to topup to around 1 million. ALBA if we see 0.45p to buy again like we did briefly a week or so ago I'd like to topup to make my holding 10 million. I have no holdings at present in any other Horse Hill companies.

JSCL - Hi, I know you have said you have 14 mill shares in ALBA in which I am also a share holder with 5.1mill shares. Can I ask how many shares you have in BPC please if you don't mind?