General Discussion/Ask Queries

Viewing 20 posts - 3,401 through 3,420 (of 3,873 total)
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  • #10938
    PBB
    Registered Boarder

    Sending mail to ir@br.. has helped me in getting my dividend

    2+
    #10939
    jay69
    Registered Boarder

    All those fake profiles who were active and spreading negativity on the BCG counter in the moneycontrol board are being removed.

    8+
    #10943
    diamond_2017
    Registered Boarder

    @jay69 – To be honest , i have stopped visiting the MMB , after this forum was created , wherein we have better conversation around the facts and sharing updates on the company. But novice visiting MMB will not have to suffer now. That would be one great thing

    #10951
    akv84
    Registered Boarder

    I sent email to the IR email ID on Sunday for not receiving dividends in two of my accounts. Received the dividend today in one of them (with higher # shares) from LIL Projects Pvt Ltd. Hope they credit in other account also without more follow ups. One of my relative has few shares in his account. we are planning to wait and see if the management credits the dividend for this account without any follow up.

    For almost all of us, this will be the first time in history that we are forced to follow-up with IR to get dividend. Stock is equally tempting on one side with their growing businesses and irritating on the other side with their corporate governance. Its our hope and patience for a bright future that we all are still hanging on here.

    BCG is giving us all a lot of new experiences on-the-go and indirectly helping us learn the most important attitude required in stock market – “patience”. I dont think anyone who are invested here for last 3-5 years will forget this stock in their life due to the range of experiences we are going through.

    #10948
    Ashish
    Registered Boarder

    Logan sir
    I visit WeEndeavor web site i have questions why they web site mention that he brightcom managed company.

    #10953
    BrightVenus
    Registered Boarder

    I sent email to ir@brightcomgroup.com
    With my DP id and client id.But not credited my dividend till now.

    1+
    #10954
    akv84
    Registered Boarder

    My thoughts on how the events would unfold in next few months/years in a logical order (maybe I am too optimistic and positive here)

    1) exchanges declare approval of PW
    2) Axis officials approve the payment plan and BCG closes the loan/follow payment plan
    3) 25% of PW money comes to BCG and they settle Daum case
    4) BCG declare that formation of US entity resumed and completed after few weeks
    5) BCG declare that LOC is approved for the US entity (who owns most of the receivables)
    6) Faster growth Q-on-Q with LOC money
    7) Balance PW money goes to strategic acquisitions to enhance capabilities (SKR is a proven expert here)
    7) With all above positive news, stock price goes up, PE crosses 5-10.
    8) Market starts noticing BCG; investor meets, presentations, etc. goes in full swing. MFs and FIIs start taking stake creating an option for 59 newly added investors to leave with huge profits.
    9) Buybacks, dividends, timely positive news, etc. keeps the stock price growth momentum
    9) Strategic investor onboards (like PE firms) absorbing a huge chunk of floating shares from the 59 new investors or from market. They will bring back all required authenticity and credibility that BCG lost in last few years. business growth continues.
    10) US entity grows stronger and poplar creating the ideal time for listing the entity in NYSE.

    Real growth starts from there… I believe all these can happen in next 2-3 years or even earlier.

    Lot of us complain about poor governance of management. Same was the case in Tanla also b/w 2104 and 2019… Udaykumar Reddy has been questioned and insulted left and right in MMB for starting Singapore Hub, having Vodafone as the single biggest customer, high depreciation shown in books, etc…. but look how its today… things changed when Tanla announced the acquisition of Karix Mobile and Blackstone came on board (Blackstone had 20%+ stake in Karix). Series of developments afterwards like Trubloq success, partnership with Microsoft, US investment firms taking stake, promotors increasing stake, etc. took Tanla to greater heights.

    I dont think SKR is fool enough to let BCG hang in low single digits and join hands with operators to make some personal money. He might be having larger plans/agenda which cannot be shared openly unless they are confident to make it happen. I believe SKR and team is doing a lot of these financial stuff under cover, keeping the business growth flat, not releasing positive news, etc. to show the external world (particulary Daum) that “you cant expect anything more from us”. imagine a situation where BCG is showing high growth, payment of dividends, US entity, LOC money, etc. what is the surety that Daum will not initiate another case to try getting more from BCG? SKR and team will loose another 5 years fighting the same in international courts. instead of that, its better to keep this things undercover and wait till settling Daum. I expect a lot of the above mentioned positive news to come out once Daum is settled. unfortunately, SKE cannot take funds from their regular operations to settle Daum as this will affect the business and leads to loss of market share, reduction in business, etc. which becomes fundamental issues that go out of control.

    Only issue now for all of us is that stock price is not where it has to be. but SKR will be confident that the price will come to its true value when all these issues settle even though that take few more months. SKR and team will be making many times more money through this long term growth than what they get by playing with operators. so i still dont believe he is part of the backend game by operators. Like how we experienced in Tanla, we might be entering a new phase of BCG in coming months which will last for the next decade and make all of us wiser and richer.

    NB: All are my personal views and happy to hear other’s thoughts.

    #10956
    explorer
    Registered Boarder

    @logan I sent an email with my DP ID asking about the status of the dividend for which they responded asking my bank details. I gave them the details and the money was credited yesterday.

    I have an NRO account.

    2+
    #10957
    Ashish
    Registered Boarder

    Logan sir
    If you see last few days back brightcom group change their logo but brightcom global not change their logo why they different.
    You see Twitter account, LinkedIn account, you visit website the different logo.

    #10958
    jay69
    Registered Boarder

    BCG should also open subsidiaries in China like TTD did because China is a rapidly growing market for the past several years and it will grow further for many more years in the foreseeable future and now with 5G mobile technology coming soon in full scale growth for Adtech companies will be huge so the early birds will get to capture huge market share in the business.

    5+
    #10960
    drjaysee
    Registered Boarder

    Dear Friends, I have not yet received the dividend (NRE Ac) and have been informed by BCG IR Team that due to NRE wire transfer (NRO Ac no issues unfortunately I didn’t have NRO Ac), they are facing some issues. Kindly confirm if anyone received dividend on your “NRE Account?”. Thanks.

    2+
    #10961
    Logan
    Registered Boarder

    @Ashish

    #10948
    I don’t know what arrangements BCG has made with WE group. Jacob Nizri and other people didn’t get BCG’s shares so BCG let them start WE group. My guess is that their role is as advisors. They won’t be working on day to day operations but they decide what actions should be taken by the company. Jacob Nizri and others are board members in Brightcom (OMS) and in BCG (parent company), Jacob is in board of advisors list.

    #10957,

    I think Brightcom didn’t change the logo because they use that logo/brand for business. If Brightcom were to change the logo then they have to update each and every client about it. That takes time and effort.

    I don’t think this should be taken seriously. BCG, the parent company doesn’t use any logo/brand for business. It doesn’t matter what logo they use.

    Anyway, we can ask about this in the conference call to get a clear answer.

    #10962
    anirudhreddy
    Spectator

    @Drjaysee post#10960, due to restrictions by RBI for banks in india who make any transfers othwr than Dividend or certain approved transfers, all other NEFT/RTGS are blocked. since you are receiving it as NEFT through the sending bank, the transfer is being blocked.So you may reach out to company and provide an alternate account number which is local holding account in india, the funds can be transferred in a day or two. This is purely my understanding.

    3+
    #10963
    anirudhreddy
    Spectator

    in addition to my earlier post any NACH/ACH transfers are allowed currently this is how normally how dividends are being paid by companies. Since the dividends are in NEFT mode your NRE account won’t be allowed for credit. Only option is to provide any of your local account details to IR team.

    1+
    #10966
    drjaysee
    Registered Boarder

    Dear @anirudhreddy, thank you very much for your clarification. However, I used to get all my divided credits from other firms to my NRE account but somehow the protocol mechanism not set for BCG. I will approach BCG IR Team with alternate India Ac number for Dividend transfer. Thank you

    2+
    #10967
    jay69
    Registered Boarder

    What is the modalities through which one can listen or ask questions during the concall which is to be held on 20 feb 2021 at 1:00 pm? @admin @Logan or anyone else who knows about it kindly answer.

    3+
    #10969
    Logan
    Registered Boarder

    @jay69, usually you’ll be in listen only mode, if you want to ask any question, you should press *1 (when the moderator says if anyone wants to ask any question)

    #10970
    Logan
    Registered Boarder

    Investor info page in BCG’s secured website doesn’t work but it works in BCG’s unsecured website. Don’t know how long they’ll take to fix this issue.

    #10971
    jay69
    Registered Boarder

    @Logan thanks to your effort in answering my query.

    I am sharing the details from BCG website about the details with regards to conference call to be held on 20th Feb 2021.

    Brightcom Group Limited Investor conference call
    Date: 20/02/2021.

    Start Time: 13:00 Hrs IST (Indian Standard Time)

    Conference Type: Dial-in & Dial-out Conference.

    At the time of call:

    *Dial in through the access number allocated for your region.

    *You will be directed to a Registration room. An agent will welcome and verify your registration details.

    *Then you will be transferred to the Main call.

    INDIA ACCESS NUMBERS

    Access Number 1
    1800 121 3575

    Access Number 2
    98847 36600

    INTERNATIONAL ACCESS NUMBERS

    USA Local Access
    +1 212 994 0035, +1 347 899 4169

    USA Toll Free
    1877 387 0849, 1800 974 0768

    UK Local Access
    +44 20 3478 5527

    UK Toll Free
    0800 016 3439 00, 0800 0044 0033

    Hong Kong Toll Free
    001 800 0044 0033, 001 800 903 171

    Singapore Local Access
    +65 3158 1878

    Singapore Toll Free
    001 800 0044 0033, 800 101 1941

    Please send your questions to ir@brightcomgroup.com to be answered during the conference call.

    #10973
    manas18goel
    Registered Boarder

    Hey Guys, I am currently in France. I have roaming plan but dont know how to dial Indian number starting with 1800. Any one has any ideas?

    In case I am not able to attend, is it possible someone does audio recording of the call?

    3+
Viewing 20 posts - 3,401 through 3,420 (of 3,873 total)
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