General Discussion

Viewing 20 posts - 3,181 through 3,200 (of 4,845 total)
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  • #10704
    Raj
    Registered Boarder

    Dear JRS, very wonderfully scribed. Nothing can beat your imagination. Thanks. Ek like tho banta 😘😊

    #10705
    harshay
    Registered Boarder

    Dear Logan this is reply to your post #10695
    I can contradict your views. We are comparing established companies with growth company. Market cap raises on hope that emerging markets beat everyone. In this case Tesla is emerging. Ford and GM are the old old. They were in emerging markets sometime back not anymore

    #10707
    sac6310
    Registered Boarder

    @logan , i am follower and admirer of your posts.

    You had mentioned everytime that if materlistic development ..but this IF is so big which is not letting BCG to rise. Everyone get fed up of his delaying tactics that there is no point in current scenario to think what BCG is doing in business bcoz now that is immaterial if BCG business grow by 10X but price manipulation keep the prices in single digit.

    #10708
    Logan
    Registered Boarder

    @harshay. My point is if there was no market sentiment, Tesla wouldn’t have become the #1 car company in the world so soon. If people valued looking at only financials then Tesla wouldn’t have become number1 company. Market sentiment plays a big part in that. Tesla’s market share is maybe less than 2% but it is the most valuable car company in the world.

    Whatever you wrote is correct and those factors go into that market sentiment. Factors like growth, market share, confidence in the business, future prospects of the business etc will all be considered in that sentiment.

    One more thing I’d like to add. There’s a difference between rightly valued considering future prospects and crazily overvalued. In Tesla’s case it’s crazily overvalued right now. Combined market cap of most car companies is less than Tesla’s but their market share is very huge. These companies are also investing heavily in EV segment and they are gaining more market share in that field too. I’m not saying Tesla is a bad company or anything like that but my point is people go crazy while valuing some companies.

    (I’m a big fan of Elon Musk and Tesla by the way)

    #10710
    Diana Horton
    Registered Boarder

    Dear @Logan #10706

    The person I have called NEEDY here is not Yourselves.My Sincerest apologies to you If at any point, I have stated the same in Reference to you.

    The Person, I have called Needy is the Management and we all Know this points to One person, ie the CEO of the company. So, Once again My sincerest apologies to you

    Btw, I have not denied anything what you have said. Your Knowledge of the company and Sector does amaze me.In the past also ,I have paid due respect and compliments to you stating that,its my perception and view that Your Knowledge in the sector is more than the CEO of the company.

    In all my scribblings, I have supported the company all the time and have Off late Raised my concerns about the Tactics used by the Management which is becoming so Obvious- The Zenith of which is the Mammoth Warrants Dilution and Rigging the price for the same( Wouldnt You call or for that sake, Wont AnyOne call the Person Needy?).

    It agree that the Current price can be because of Multiple Factors. But Of ALL the Factors, Market Suppression seems to have played a Vital Role. This Suppression Once again has been done and in my opinion the Stock price has been kept under control, Once again by the Needy. In order to Retro Validate it, the Pending Issues are infact Kept Pending. I am sure You too would agree and You yourselves have stated you dont like the CEO delaying stuff, The CEO Issuing Warrants etc etc. We agree that, We are not fighting against OUR BCG. We are indeed Raising PROBABLE RED FLAGS agaisnt the Management, which the Whole Forum will agree with. The Blatant Qualities of the Management along with Few Examples have been referenced accordingly. I am sure, You will Agree with Majority of what I have quoted along with examples.

    Your Views once again are Guess work aswell.Neither you Nor I have seen the Books and hence all are speculative , ( why it took time to close off India debt. I won’t support delaying Axis case when the company has money)- These are your View and you may stand as per your view point. But, 99% of the Retailers, who have been sitting in the Counter , ON the balance of Probabilities will Disagree with that Opinion.

    For the CEO of the Company, Growth of the Company matters on a Global scale. But for the Retailer, Who is sitting in INdia, The Glaring Issue is the OBVIOUS RED MARKS ( Not closing Axis- the CEO has been stating this since August 2019!!!!!!That he will be closing the Debt, today, Debt tomorrow etc etc etc).

    Lets take DAUM case for example. Lets hear the Commentary which the CEO has stated since 2020 begining. All are done- Its just, LOgistical issue of going to Seoul to get it signed….. Covid came and Covid went. In the Electronic World, Not to settle a issue , Purely because of Logistics Issue has been used as a pathetic reason for closing Daum????.

    Once again the Contradiction is – The CEO has Funds for closing Daum, which he hasnt closed, because of Logistics issue of Covid. But, The CEO hasnt Funds for closing Axis, which is Local a Issue which dosent have Logistics Issue( The Fund for Daum is far Bigger than the Peanut Axis fund).

    Ofcourse Material Developments are Important.Not Only for Company Growth improvement. Closing the Pending issues in the form the Local issues from the share Holders Perspective is also MAterial Development and is Crucial for the Share Holder of the company.

    The Management Needs to Know, How to respect the Share Holder of the comnpany, being a Public Limited company.

    These are my humble views. We agree On certain stuff. We agree to Disagree on Certain Stuff. That Shouldnt inhibit you or refrain you from writing here.

    As, I said earlier, The Finger Pointing was against the Management and Not against youselves. So, You dont need to take it personally,unless you are the CEO or anyone representing the Management, Which I dont think so either.

    …………………DH

    #10711
    Raj
    Registered Boarder

    Well said DH.. Concall questionnaire is already there in DH comments. LOGAN-DH looks like Karan Arjun. Let’s all unite and fight for the cause. Cheers.

    #10712
    drjaysee
    Registered Boarder

    Dear @Logan/@DH/All BCG Investors, Good to see the healthy (Technical & emotional) discussions since today morning. Really admired by seeing Logan & DH’s post especially #10710. This is called “Unity in Diversity” & let’s all be united and ready for the appropriate approach towards/against the Management’s attitude. Sincere “thanks and respect” to all for your wonderful technical insights in comparison with peer firms.

    #10713
    drpram
    Registered Boarder

    Any news on axis bank loan closure.. NCLT issue?? Postponed?? ..

    2+
    #10715
    drjaysee
    Registered Boarder

    Dear @drpram, until now there is no update at the NCLT website. Generally, the order used to be available at the website on the date of hearing (supposed to be yesterday late night or max by today morning). I suspect that the delay may be “due to the final order of Axis Settlement”?? Let’s wait and see by tomorrow during or before the result.

    3+
    #10716
    Diana Horton
    Registered Boarder

    @lOGAN

    Coming to the same Father and 5 Son story.

    The last Real debt that was paid after OTS was to Canara Bank.That too it was during early 2020.After that, There was nothing paid. You yourselves have said on many occasions that Daum is a Dead Fish and is worthless to discuss.

    Which means the Only issue is and was Axis. It was a Meagre amount of some 9 Cr or some+/- (after OTS agreement-that needed to be paid).That was in the year 2019.

    Even If we are to apply the Poor Dad and 5 Son story. Father and 30,000 children in the form of Share Holders were and are Dying because of Famine. The Father can always DEmand 2 Cr each considering the pathetic state of affairs. 2 Cr from wealthy Childrens is not going to Make thier Livelihood or day to day living difficult. They are not giving all thier earnings which is going to affect thier Quality of life.Even if it affected thier quality of life mildly, Once the father has sorted the issues, locally, the father Can become rich, as the Father Back home will have Debt free status and the so called Pending issues would have been sorted.

    On the Other hand, its the STUPIDITY of the FATHER that has caused so much problems.The Stupid Father who did not have any INTEGRITY, concealed the truth to the Banks, Gave False Promises to the children,Played Games with the Banks and was LEIVIED PENALTY and because of Crooked decisions, the OTS was cancelled and now has to pay 3 times more than what he had to pay which was supposed to happen via the OTS!!!!

    Procrastination, Lamenting, Lack of Integrity, Sitting on it, Greed, Crooked thinking- EVERYTHING COSTED. There is No meaning supporting or taking any sense in what the CEO has done. I am sure, some Good willied People would have given Advice accordingly time and time again. But, If One is PIG Headed and runs the show like a One Man army,making Single handed decisions, With a DUMMY DOARD OF DIRECTORS, this is what will happen , Unfortunatly.

    Even now, the Father, by Cheap Mechanisms, is using the same tactics for trying to delaying the Payment to sort out the Greedy Needs.Isnt this CROOKED Thinking , LOGAN?

    …………………..DH

    #10717
    Diana Horton
    Registered Boarder

    @Logan

    Not Only that.. The Game still continues…Now….

    Despite all the Blad blessings that has been showered upon us, because of the Irrational Tunneled vision, even Now, the CEO is doing similar kind of activities.

    Never calling SPADE a SPADE.

    Warrants.. HEIGHT of …. what to call?!! All of a sudden. Out of the Blue MOON!!!!Nothing that was mentioned before…That too the previous Conference call happened in the month of Novemeber. Not even a whisper. But, All of a sudden some 50 Odd Starnge, Very Strange Investors have approached him and Announcement was made!!!Never seen any such activity that has happened SO FAST, in the history of BCG>>>

    You say that…. “I know he always used to say within 1 year (or sometimes in 2 quarters) everything will be closed but he didn’t walk the talk and still the issues remain not closed”

    But, This CEO, If you look into all the Con Calls, has said and infact Vouched to many that the Share price will be Much higher since 2017.For a Share Holder Every day, is like a YEAR and every day is Important. Imagine the PLIGHT of the Share holders Mental AGONY , who were Deceived for 5 years.Retailer have gone BONKERS. This CEO has played with the EMOTIONS that too FInacial EMOTIONS of all retailers, making all of us buffoons…

    He used the the picture of Low hanging Fruits and created a MIRAGE in front of the retailers.

    When the Hyderabad investors met him, I was infact having Pity for them. The reason is… We all Know as to how the CEO Dramatises the pictures which we have seen in the Conference calls for years together. After meeting the CEO, the Hyd Investors, would have Felt… We have conquered the World, kind of feeling, because of all the MIRAGE, that he would have created showing all the documents eytc etc stating 99% job is done and its just the lAST 1%!!!!!! So, My dear Hyd Investors.. Kindly, Be cautious and be weary of all the sweet Talk.Just a Friendly whisper on to your ears.

    Seen this, Heard this, Witnessed all these for 5 years. Blatant Lies.

    The CEO throws some information just to Cool the temparament of the heated retailers and continuing with Procrastination attitude.

    The Clever thing is… The Conference Call happens once in 3 Months. On the day of the Call, the CEO states Fancy stories and will promise, will look into this… this will happen… That will happen…. etc etc. The Moment, the door closes after the Conference Call, Back to OLD habits, because, He is not going to Face the retailers and can use the time to play all the dirty tricks.

    Now also, we are seeing the Stock Price, being KEPT in GREEN ZONE , as we are approaching the Results and Most Importantly, the CONCALL…. sorry, Conference Call day. The Investor sentiment will not be that bad, If the stock is in Green zone near the Conference call (REmenber the Rally of December 2020) During the Time of VOTING of WARRANTS????!!!!. The Moment Voting was completed, Play the OLD DIRTY Tricks. Play and RIg the Stock.

    We will wait for this Q3 Results. Lets us all see if they are going to play the Pump and Dump game yet again, In the BULL run.If such games are played, I am sure, I will seek All your help, to Corner with Hard Core evidence that we have garnered.Thisis what I have stated on Multiple occasions.. The FENCE IN ITSELF IS EATING ITS OWN CROPS

    ……………..DH

    #10718
    Logan
    Registered Boarder

    @Diana, only the CEO could answer about the debt payment. I just shared my opinions based on what information I had but other than the CEO, no one else could answer these. Even if we ask him about that he’ll say the same thing which he has said all these years. With his decision making who suffered the most were/are shareholders.

    Regarding DAUM, personally I don’t give much importance to it. I want BCG to buy a company like SpotX instead of getting back Lycos. I don’t think Lycos will add much to BCG’s business. But getting back Lycos plays an important role to change the market perception. Getting it back may (can’t say for sure) lead to BCG trading at a fair valuation. As you have also written in the past, Markets hate court cases and having an open case (don’t know legally whether it is still open or not) brings bad perception.

    Except Mr.Acharya, I don’t think other board members will bring anything to the company. Only option we have is we have to get together, appoint a person who looks after retail investors’ interests.

    This business is very good and we should not let the CEO take bad decisions again. Magnite, Pubmatic and Affle with lesser revenues and profits are trading at astronomical valuations. If things are done right then BCG’s stock may have a turnaround story like TANLA. The best part of being in a growing industry is that with good decision making (and enough liquidity) even older companies can compete with the newer ones and get better valuations. Magnite is one of the examples.

    #10719
    rajeshmk
    Registered Boarder

    Zero credibility of the management. Says one thing does exactly the opposite .

    13+
    #10720
    Diana Horton
    Registered Boarder

    @logan…

    Couldnt agree more with Lycos stuff. Technology is far Far most advanced and Lycos patents can be archived.

    The Biggest Worry Regarding this Mr Acharya is , WARRANTS Approval has happend after his Appointment. This Suggests,he also Unfortunatly Belong to the CLAN.

    The Board of Directors Duty is to Work in the BEST INTEREST of the Retailers.But, This Gentleman,Unfortunatly, has not impressed anyone still.

    I am very much with you and would like @ADMIN to create a Voting and NOMINATION Segment, to create a Board of DIRECTOR, from the Retailer group, as a Representative.

    @admin :- If all retailers and GRoup members are Happy with this, Can I bother you to consider Creating this Segment and be discussed in the Forth Coming ConferenceCall and get the blesings from the existing Board?

    #10721
    buffet
    Registered Boarder

    @DH @Logan:

    Having board representation for retailers is a really good idea. I believe we have had discussed this earlier as well. It’s the correct time to put forth this proposal in front company board.

    Before proceeding, I think we should take a legal opinion in this regard. Retailers may be having approx 7-10% combined. Even we should evaluate the possibility of approaching Mr.Praveen Khurana who holds ~2% for his support.

    We can use the same spreadsheet circulated by @admin few months back to record the quantity & support from retailers. Even we shall circulate the same to MMB as well to get support.

    #10723
    VALUEBUYER001
    Registered Boarder

    Yes buffet sir. I agree with you for demanding a representation in board of directors of BCG. My humble suggestion is to nominate Dr.Mayur Ji for the post of director in BCG representing retail small investors. He has been continuously doing great service to small investors as well as used social media like Twitter etc to make small investors understand the value of BCG thereby avoiding them become a prey to Operators cunningness. He will do good Justice to retailers

    #10724
    rpm87
    Registered Boarder

    Brightcom launches new media offices in Berlin (updated on LinkedIn).

    https://www.linkedin.com/feed/update/urn:li:activity:6765611209766010881/

    #10725
    buffet
    Registered Boarder

    @logan @DH

    Can you please share ur opinion on nominating director representing retailers. Please throw some light on – How retailer nominee can get in as director in the board ?Challenges, feasibility & implications of such move? Management’s possible response?
    Legality? etc…

    2+
    #10726
    Sumeshnair2005
    Registered Boarder

    Buffet it is possible as i know in a stock called karturi global it happ few yrs back.. a prominent broader from mc called pogo joined the board as public member..but it didnot change anything in stock as far as i know afterwatds i stopped following as sold that stock in loss few yrs back

    5+
    #10731
    Raj
    Registered Boarder

    With so many problems, how can a company be listed under fortune 500? Don’t understand the logic on what basis..

    7+
Viewing 20 posts - 3,181 through 3,200 (of 4,845 total)
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