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February 9, 2021 at 7:23 pm #10640drpramRegistered Boarder
Dear friends, just now i received my dividend in HDFC bank.. Broker HDFC sec.. Same transfer from DCB bank.. Hope the last tranche of pending dividend is distributed.. #drjaysee and others please post if you received..Thanks for the response friends..3+February 9, 2021 at 7:28 pm #10641drpramRegistered BoarderFebruary 9, 2021 at 7:49 pm #10642
you are not alone sirji. Many like me are struggling for the last 7-8 years. Still no end to suffering. Being BCG shareholders, we are the owner of a great business but in the wrong hands who doesn’t care about anything else other than his personal gains.
We are just watching market rally from the sidelines. It’s so frustrating. Not sure when it will end. Every time end seems near, Mr. Reddy throws another googly. Tired of all this non-sense.10+February 9, 2021 at 7:51 pm #10643
@rathi_b & team:
Can you please let us know if you have received any communication from BCG IR w.r.t. meeting with SKR.4+February 9, 2021 at 8:01 pm #10644jagasworldRegistered Boarder
I got dividend today in one of my accounts and did not receive in other. Not sure if anyone noticed they rounded off the dividend instead of crediting the exact amount.
The amount doesn’t matter as of now only the credibility of the management if they are going to credit everyone.February 9, 2021 at 8:05 pm #10645Rathi_bRegistered Boarder
Nope buffet we still haven’t received any reply. Looks like the management has chosen to be silent for now.7+February 9, 2021 at 8:12 pm #10646February 9, 2021 at 8:51 pm #10647bhalothia9Registered Boarder
HDFC sec linked to HDFC Bank, I have not received dividend yet.2+February 9, 2021 at 10:08 pm #10648Diana HortonRegistered Boarder
The Houdini Dissapperance Act of the Goenkas
Even the great Houdini might be Bamboozled by this Act!!!!
Now Lets go to the History of Lycos from 2016 to 2020.
Every year the Stock fell down on a step by step basis from the alltime high of Lycos from 68 Odd range to 2.25 Odd.
Everytime, the Management attributed the cause of the fall as Some Major PE investor was exiting and stock got hammered. Those PE players had say 6 to 8% stock each. But, when it came to the Biggest holder of the stock , who held say approximatly 12 to 15% of Lycos, suddenly disapperaed and vanished into thin air, when the stock was in an Air tight compartment between 4.9 to 5.5 to get the PW allotted.
The Big players who were playing in the markets vanished and sold it just like that without any big or major buyers???????? That is almost 6.5 Cr to 7.5 Crore shares, without causing the stock price to fall at all??!!! Magic!
And that too they vanished and allegedly sold it Off in the markets especially when the promoter says Good times are ahead and the so called Inflection point.
So, Where did all the Stock Go?? Who was capable of so called absorbing that Big Quantity!!
If the so called Markets absorb the Big quantity, Why are the markets so partial and indiffrent when absorbing the meagre amount of stock that has been listed at the peanuts price, Currently ?
Impartial and Selective Markets!!! Markets dosent undertand Lycos. …. Poor Markets… Bechaara Market!!!
Markets Undertood Lycos at 4.7 to 5.5 price
But Unfortunatly the same Markets , Dosent seem to Understand Lycos when the price is at 7.4 and not able to buy the peanut quantity which has been placed on the right hand side.
As I said, The Markets are Infact Partial and Discriminative, especially when it comes to the Mechanism of Understanding the secto and gets confused so much that, It clearly understood and Bought a hell lot of quantity at Rs 5 price and couldnt undertand the sector at Rs 7.4 price….
Even the Great Mr Houdini, wont be able to Untangle the Biggest Puzzle!!!
Lets wait for the PW approval date and Results and the Movement of the stock. If the stock is still controlled, The DIRTY Game of the Management ought to be be exposed next. What do you all think , my dear retailers?
Who the Goenkas were, What was thier role, How the Management cheated on the PUBLIC SHP data etc.
All statistics will be revealed with evidence in this Group to begin with so that the retailers understand what they have been played with so far, in the name of the big players.
Meanwhile, we have made further enquiries on the Testimonials and The Can of Worms are opening up regarding LOC.
Waiting and giving time for the management to act accordingly untill the end of this week, for them to try and wrap up their Long Drawn games which they have orchestrated for the past 5 to 6 years.
………………..DHFebruary 9, 2021 at 10:20 pm #10649
@Diana Horton, i agree completely with you. If they even think of playing any dirty game(like to ditch all these 59 entities too by keeping price around 7 or below for next 18 months etc) further to keep price suppressed , we need to expose their dirty game in public.12+February 9, 2021 at 10:49 pm #10650Rathi_bRegistered Boarder
I completely agree with Diana here, let’s see what the situated in the next 2 months would be, if things don’t move in a positive direction we shall and should expose the share price manipulations. Like I have said before we expect atleast a few issues to be resolved by April. If it doesn’t then we should change our approach with the company and its management. As far as the deal about keeping the price subdued for the next 18 months written by one of the forum members, if it happens then in it self is an evidence of connivance of the management with manipulators if they stoop to it.February 9, 2021 at 10:56 pm #10651
@DH, I think better to expose them partially (precaution is ALWAYS better than cure) so that they didn’t take retailers for granted this time and rewards retailers which they deserve.9+February 9, 2021 at 11:12 pm #10652AdiRegistered Boarder
Hi, is there any way to check the status of warrants.3+February 9, 2021 at 11:23 pm #10654SaachRegistered Boarder
@DH, I am personally obliged with all the clarity and proper efforts put on behalf of retailers. I am a retailer and retired since last 12 years a sr.Indian citizen involved with this group since last 6-7 years; and did not receive dividend till date. Once again I thank you so much for your continued endless efforts putting all the facts on table for the support of retailers. RegardsFebruary 9, 2021 at 11:47 pm #10655
@DH, I am afraid SKR would end up Ramlinga Raju(Golden peacock award winner)’s way. So many loopholes in whatever he is doing. Can you imagine 59 PW holders. Such a BS.
BTW I was working with Satyam back in 2008. I know how events unfolded. Not just raju, his whole family destroyed including his son’s firm i.e. MAYTAS. Remember, it just takes one expose to bring any1 down.
If this doesn’t get resolved by March, i think we shall reactivate the plan @bullguru talked about i.e. become activist. Anyways our investments is/would be dead if nothing happens. But we should make sure culprits would be brought to justice. Enough is enough.February 9, 2021 at 11:53 pm #10597drjayseeRegistered Boarder
Dear @vgsatwork, with reference to your #10560, I would like to highlight some of the points below.
1.It seems, the dividend used to be paid through different modes such as National Electronic Clearing Services (NECS) / National Automated Clearing House (NACH) /National Electronic Fund Transfer (NEFT) / Direct Credit (DC) / Real Time Gross Settlement (RTGS).
2.But the credit advice intimation will be sent to us after 2-3 weeks of the credit of the dividend. (Pls refer your attachment: intimation date and Credit Date)
3. Yes, you are right that “in the description” it should be mentioned from ????(I have checked & attached some of my previous Dividend Credit notes in which, I could see the description of the credit whatever the mode either NACH/NEFT/Direct) whereas in BCG, you have missed that description which is strange.
Besides, I have seen some of the messages from our friends stating that the dividend has been made to some of the selected groups and individuals “which is totally wrong”. I am holding significant qnty of BCG and sent an official Complaint to BCG & received a personal whatsapp reply from the Top BCG management within 24 hrs (recent conflicts & doubts during our discussion at our forum 3 days back) but until now me too didn’t receive the dividend and also I believe many of our forum members (who have sent the complaint to BCG & including some of our Hyderabad Team) didn’t receive the dividend. That means the problem is lying somewhere else (may be due to different banks etc.) and we may come to know when we receive the credit advice intimation email after some days (mode of payment).
Let’s be united and push the Management (in any form either personal contacts/Official Indian & Overseas Government levels & of course I believe that I did my part very well recently for the benefit of our entire BCG investors not only for me and also I will keep follow-up/push BCG management through my channel of communication ) to act accordingly in an appropriate way for the best outcome of the BCG’s potential in the coming days. I don’t think there is a need to doubt or pointing each other in this matter instead we will try our best to find out the solution to solve the issue and respect the genuine people those who are really giving enormous Technical /physical support to our forum including Admin & entire Hyderabad Team. I am a genuine investor with BCG since July 2020 and if somebody still have any genuine doubt on my credentials, please feel free to contact me (my current user email@example.com). Let’s all look forward for the bright future of BCG. Have a great week ahead. Thank you all.
Attachments:February 9, 2021 at 11:55 pm #10623VJRegistered Boarder
Received the dividend in my HDFC Bank account for 2 accounts. Dividend for one account is pending. Should get credited anytime during this week.2+February 10, 2021 at 12:37 am #10664VALUEBUYER001Registered Boarder
Yes jagaworld I too received dividend in 1 of my 2 accountsand dividend is rounded not exact amount1+February 10, 2021 at 1:19 am #10665drjayseeRegistered Boarder
Dear @drpram, with reference to your post #10640, Many thanks for the update.
I have not yet received the dividend. I am using HDFC NRE account through HDFC Securities. I presume that the management is using the local personal accounts (not the corporate account) for the distribution of Dividends. If this this scenario then they can’t transfer the dividend to the NRI shareholders from Local account to NRE accounts (conflict of repatriation / fund transfer protocol).
Dear NRI shareholders, kindly update the status of the receipt of Dividend if you have already received.
Hopefully, tomorrow will be the final hearing for Axis Settlement if SKR is really serious for the amicable settlement and willing to concentrate on BCG growth in forthcoming days (NCLT Cause List -Pls refer attachment – Sl.No 29). Fingers crossed and lets keep a hope on SKR & the entire BCG Management.
Many thanks for posting my older post #10597 and somehow it didn’t displayed earlier. Thank you.February 10, 2021 at 9:19 am #10670PBBRegistered Boarder
I am yet to get dividend in both our accounts. Are they deducting TDS for amount greater than 5k. They are supposed to do that.1+
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