Tagged: Rgd anomaly in shp ..
November 17, 2021 at 10:02 am #12864adminKeymasterTopic AuthorNovember 17, 2021 at 6:54 pm #12865explorerRegistered Boarder
Thanks Admin, for creating this forum and thanks everyone (special mention to Logan) for keeping the spirits high. Though my journey with Brightcom started in 2014, it was a difficult one travelling alone. If not for this wonderful community, I’m not sure if I would have sustained this longer despite my confidence in BCG. Though at times I needed my capital back for personal reasons, I decided to delay my gratifications. I’m glad that my decision is being rewarded today. Keep supporting each other, we will grow together.November 17, 2021 at 9:40 pm #12867
Hello Guys, hope you are enjoying daily UCs in this counter, indeed true multi bagger..i have doubt in future when we book profit we will be getting huge capital gain as our buy price very less, how long term and short term Tax would work in india?
Taxation of Income Earned from Selling Shares, Long Term and short Term? .Thank you for info5+November 17, 2021 at 10:08 pm #12868
Now that BCG is in the ‘MSCI India Domestic Small Cap Indexes List”, I think there is every chance that BCG will be promoted into the F&O segment within 6 months. Is it too big a dream ????8+November 17, 2021 at 10:17 pm #12869
Eligibility of F&O stock, 1. The eligibility criteria for inclusion of scrips in F&O segment shall be as under: The stock shall be chosen from amongst the top 500 stocks in terms of average daily market capitalization and average daily traded value in the previous six months on a rolling basis.9+November 18, 2021 at 5:34 am #12871chrisRegistered Boarder
@explorer, my journey has been similar, although I did find the stock through my own research this group was the guiding light during the dark hours of 2018,2019,2020. If not for this group it would have been extremely difficult to stay invested. So a big shout to all my brothers at brightcominvestorsforum and special thank you to Logan and admin sab.November 19, 2021 at 12:11 pm #12876ramganesh1982Registered Boarder
Hi Logan, my hearty thanks to you for having shared all critical information when this stock was struggling around 5-8 rs . I still remember your words in 2020 “those who take this share now are lucky” – with reasons you gave . That was a confidence booster for me to add more to bcg and avg the share at that point of time . Wishing you and all others – Rathi and team of members (sorry I don’t remember individual names now) a wealthy time ahead 🙂 . Awaiting more venues to open up for bcg ..if LOC and Nasdaq listing happens now or by June 2022 it will blast and bump beyond what everyone would have imagined as the important factor of market sentiments is in its favour now
All the best again and thanks to each and every one here who has shared their opinion
RamNovember 20, 2021 at 11:58 am #12878ramganesh1982Registered Boarder
Can someone share the investors meeting recording if any (later today)? I just managed to join now (slightly late)
Ram4+November 20, 2021 at 3:04 pm #12879kiranjRegistered BoarderNovember 21, 2021 at 1:23 pm #12889November 30, 2021 at 11:20 am #12904
Here is my reading of why BCG is hitting Lower Circuits
BCG shifted back to T2T segment because of the high speculation. This means no margin trading or day trading. Hence all those who were doing day trading has to unwind their positions, hence desperate selling and the Lower circuit. Those buying now are the long term investors. This downward trend may continue for a few days but after that it will come back to its upward journey. When the bottom will be hit is anybody’s guess.
From tomorrow, 1st December BCG enters into the MSCI index. So the chance is there that FII (Foreign Institutional investors) may start buying and today’s low may be its lowest point for some time or it may never see this low ever again.
This is just my guess – I may be wrong
The experts in this forum please comment. It is disheartening to see this forum with no new messages at all for many days.
Please post something everyone – Please!November 30, 2021 at 1:14 pm #12905
@Whyshares buying was so intense after 1 PM, anytime upper circuit is possible, lets see how it goes3+November 30, 2021 at 1:33 pm #12906vgsatworkRegistered Boarder
Since the Q2 results, BCG shares had a good run for about two weeks and hence it is natural that it corrects and consolidates before next round of up move. Not sure as to how soon it would happen, but the price has to start reflect both the underlying value of the stock and growth prospects.
On a very conservative basis, based on trailing TTM basis, market price should start reflecting the growth of BCG by giving min 30-40 PE multiple by the time Q4 results comes out and BCG meets it’s FY22 guidance numbers of 5000 Cr topline and about 9 rupee EPS. A conservative PE multiple of 30-40 times (Cos showing 40% growth YoY easily command 40 PE multiples) trailing numbers should make the market value BCG between 270-360 rupee range. This is conservative number purely from the perspective of market price reflecting BCG’s Industry leading growth. Even if the preferential warrants and Preferential issue allotment gets completed and the Equity further diluted from 104 to 120 odd crore, given the KSR’s commitment on ROE, Free cash flow generation and shareholder value creation, I am sure BCG would make the India acquisition happen in Q4 along with this equity dilution to ensure that their overall ROE looks good. Hence any number between 270 to 360 is a good target to have for BCG by end of June 22. That would be about 1-2X return from current market price.
Based on the underlying value and valuation gap that BCG has with some of the industry peers continues to be a value picking and as institutional and retail investors bargain hunt in BCG counter, expect the valuation gap to narrow down (from the current level of PE of 88 for Affle Vs 23 for BCG) significantly, if not fully. Hence expect the PE multiple to expand (Stock re-rating) to 50-60 levels to close the valuation gap with listed Indian peer. This would mean by June 2022, BCG can potentially be in the range of 450-540 range based on both the expected growth and value realization which is currently ongoing.
That would mean a return of almost 4-5X returns over the next 7 months or so. That is good return to look forward to without factoring in any of the other expected developments.
So, sit back, relax and accumulate on dips (if you can) and reap the rewards!!November 30, 2021 at 10:51 pm #12907
A very negative review of BCG has been posted on youtube just about an hour ago. Please let us all know about your reaction to this1+December 1, 2021 at 4:05 am #12908AbhishekRegistered Boarder
This you tuber has missed many points what Logan has been pointing out to educate all of us. Also I can see clear frustration of missing a great rally in this stock. He also missed the organic growth and projection what BCG management has even given to exchanges too. And last but not the least inorganic growth which is expected to be kicked off soon. Also I remember someone from our group analyzed Affle Vs BCG very well unlike this you tuber who is biased on Affle and not on top of all BCG business and financial numbers.December 1, 2021 at 8:11 am #12909rajeshmkRegistered Boarder
Ignore such you tubers who post videos without doing proper research on the company. One thing I understand that Shankar sharma is not a fool to invest 60 crores in a stock at 37 without doing a proper evaluation of the company and they don’t invest for 1x or 2x gains . They are in it for the long haul . Any correction in this stock is a normal process but for the long term bcg will give unbelievable returns .December 1, 2021 at 9:13 am #12910nitin_asceRegistered Boarder
The video was clearly biased. Out of curiosity I saw the video. Intent is if we are unable to see any negative due to my positive bias then I should understand it.
However it was clearly biased. Couple of points like he mentioned increased in margin as per latest concall however he compared margin upto few quarters back. However last 2 quarters did show some margin improvement which he casually ignored.
Yhe other thing was yearly Financials were compared However he never showed quarterly numbers. If quarterly numbers were shown people would have better understood recent price increase.December 1, 2021 at 9:28 am #12911
out of desperation many videos are coming forcing others to book profit, all Ad tech companies have similar business model and its not only related to Brightcom..ignore such videos and MMB messages asking to book profit as they cant handle continuous price movement..December 1, 2021 at 5:34 pm #12912JackSparrow13Registered Boarder
Am a very small youtuber myself, who tries to make bad videos of shares.
Youtube is normally a bad medium for knowing about shares, unless youtuber is of very high quality (like say SOIC).
If one really wants to know about Brightcom, stick to this forum.
For other shares, 1st choice should be Valuepikr.
MMB is trash, It was a great forum, almost a decade earlier.6+December 2, 2021 at 6:56 am #12913chrisRegistered Boarder
Mr. Akshath Srivastav had tweeted saying that “stay away from BCG, promoter holding reduced” sometime last week and of course there was a backlash and a lot of people tried to correct him. He didn’t like it so came out with this video.
His main argument being “ there is NO news or No significant improvement in business to support price rise”. But unfortunately he conveniently forgot to mention that a company having 700-800 crore profit in March/2021 was trading at a market cap of 250 crore.
So you can call my view biased because I’m invested in the stock, I will call Mr. Akshath’s view biased because he got a spanking on Twitter 😂.
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