General Discussion

Viewing 20 posts - 4,301 through 4,320 (of 4,589 total)
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  • #13020
    NIRAJ1
    Registered Boarder

    i could join late and skr said about utilisation of new acqusition. All team has new tool to get new business.

    3+
    #13021
    NIRAJ1
    Registered Boarder

    CEO Address to shareholders – Main Points – 1. Historic AGM 2. Internet embedded in our life, existence. 3. Digital Media bought/sold online algorithmically (Programmatic solution Brightcom) 4. Need very few employees to scale … leading to efficiency … 5. Preparations on for META-VERSE … Long term 6. Linked In is growing very fast … looking for reasons… 7. Search … Search Intent taking centerstage … 8. Debt Free status achieved in Mar 2021 9. Fortune 400 Company. 10. Trust setup for ESOP 11. Bonus issued 1:4 12. Pref issue for aquisitions done. 13. Brightcom Audio division launched – rapid growth in audio segment 14. Identified couple of companies for signining LoI for aquisition – To reveal January – Board meeting to allow CEO and Brad Cohen to authorise for the same 15. Execution of existing plans. 16. Free Cash Flow (FCF) and RoE – To be areas of Focus 17. RoE Target – 25 – 30% increase 18. Truly grateful for long term shareholders 19. To adapt global best practices for accounting – To reveal in January 20. Focus on developing next generation platforms 21. Consider “Effective Capital Allocation/deployment” very important. Q/A Session Main Points 1. Google Partnership has put Company in different orbit. 2. FCF will be utilised for further growth – organic inorganic, % of this FCF will be paid as dividends. 3. Partnership with Facebook and Amazon to be solidified. 4. Mediamint strengthens Backend and allows company to offer related Services – All global teams will have the tools of Mediamint to use for overall benefit of the Group. Mediamint has many clients and the relationships will be maintained. ( 4 hrs ago ) |

    #13022
    hw_tw
    Registered Boarder
    #13023
    hw_tw
    Registered Boarder

    Check out the latest Fund investments in BCG from Morningstar and MSN money sites

    There is a difference in Morningstar and MSN data both in terms of quantity and list of funds. Morningstar is reporting highest qty of 72.8 lakhs compared to 56 lakhs last month. But it is also not showing CREF Stock Account holding qty of 5.35 lakhs … Adding this the final figure would come to 78.15 lakhs

    Morningstar
    https://www.morningstar.in/stocks/0p0000b40o/bse-brightcom-group-ltd/overview.aspx

    MSN Money
    https://www.msn.com/en-au/money/stockdetails/bom-532368/fi-ahdf77

    #13024
    hw_tw
    Registered Boarder

    On the guidance numbers for the Q3 and Q4 quarters of this year, SKR has re-affirmed that we are on target to reach these numbers … check 25:30 from the AGM video

    Also, I see that there are only 2.3k views till date … request everyone to spend some time and watch it asap

    #13025
    Abhishek
    Registered Boarder

    many times market sentiments are shocking and so now, but an educated investors make use of this golden opportunity. I am adding in dips. Happy Investing!!

    #13028
    JackSparrow13
    Registered Boarder

    Hi,
    There are some basic things in investing, which get missed if we discuss about a share all day/all seasons/all year long. I think a reiteration should help.
    1. BCG is just a stock, we are not employees of BCG.
    2. It is a seasonal business, with some strong quarters & and some weak. Stock prices will follow same sentiment. So, it had rallied in Q2 results, will start rallying after a few days (or maybe end Jan) in anticipation of good Q3 results. Then it may fall to a reasonable PE perhaps (10-15) during Q1 & Q4 (Simple guesswork, like air conditioner share rally in summer, agricultural shares would rally if there is good monsoon).
    3. BCG is currently at 20+ ROCE, so ideally should trade at 20+ PE all year around. But this will happen a few years later. Currently, it is a viewed as a trader’s share which was trading at <1PE (cheap to buy) from where it rallied to 30+ PE (so sell).
    4. Till now, I have not talked about any acquisition etc, other triggers, which will fund growth.
    5. A very simple question needs to asked – Do I trust the management or not? If yes, give them 5 years to execute their vision. If no, sell and be happy.
    6. Portfolio allocation discipline is must. If while buying Brightcom was 20% of portfolio, and it has become a 15 bagger. You need to be honest to yourself about your ability to accept volatility. Or you track the business so closely, you should be able to run before others figure something is going wrong.
    7. All I am saying, that since many have been sitting on huge returns, anxiety is normal seeing huge volatility. You need to decide if you can stomach volatility and sleep peacefully at night. There is no shame in selling or paring down your portfolio, but reasons need to be more personal, rather than some imaginary fake business shit.
    8. Finally, learning from my own investment mistake, the urge to sell is highest when a share which has stagnated starts rising. But this is often the start of a business’s growth phase after long. Bought CDSL around 200, sold at 750, thinking “market is cyclical”, so CDSL has to fall soon. This “will fall in future” share is now trading at Rs. 1500+ Sigh.

    #13029
    hw_tw
    Registered Boarder

    Some people are still talking negative about the promoter stake being low or getting reduced.

    There are many explanations about the stake getting reduced only in percentage terms and the actual number of shares held by promoters remained same… let’s not discuss this further

    Coming on to the worries related to percentage coming down, the general perception or the fear is that promoters are not interested in the business

    My take on this point in case of BCG’s promoters …

    – SKR and VK haven’t sold a single share

    – To my knowledge both doesn’t have any other interests … they are not running any other business, they are not investors in any other company

    – Both are full-time dedicated to BCG and are actively involved in day to day operations of the company … SKR also taking up CS activities these days

    What more commitment we need from the promoters

    If we go by bookish knowledge and the s/w derived analysis, yes promoters stake falling below certain percentage is negative … but we as humans need to look at it a bit more deep … request all to not blindly go by these theories / rules and instead apply your own logic

    #13030
    hw_tw
    Registered Boarder

    Regarding Audio adtech company acquisition, I guess we can derive some clues from the statement made to exchange … It says either SKR or Bradley Cohen will be given authority to sign LOI.

    As mentioned by SKR in AGM, Satish Cheeti and Peshwa Acharya might have shortlisted two companies … These companies might be based out of India or Israel … depending on the company decided by the board one of them will be given the permission … In case of US based company VK might be the designated person

    In terms of the advantages, my take on this

    – Technology wise both will be good … Both Israel and India has a good technology people and the startup eco system is buzzing in both these countries

    – Israeli based company would ease any future integrations with Brightcom’s products … would also help in acquisitions and integration of product companies in future … any equity dilution if happens would be at subsidiary level

    – Indian adtech would help BCG to capture Indian market … easy to integrate with MediaMint backend operations and also cross sell … Would add revenues to BCG’s India business and strengthen its balance sheet and probably change market sentiment about its Indian business

    Anyway, it is just a thought and I might be totally wrong … We will get to know more details about it tomorrow … As an investor, we will be happy either way

    #13031
    Abhishek
    Registered Boarder

    @hw_tw, can’t agree more on promotor’s stake being low. To add on that my question to people do not agree on this – how does it matter? Take example of Infosys, promoter’s stake is around 13% and look at massive wealth it created for investors. So why it should matter when business is good, zero debt, organically and inorganically company is growing. BCG is very undervalued and as per it’s financial it should trade on 80 PE. I believe it’s matter of time, and BCG will definitely achieve adequate valuation in next 1 year. Remember what Shankar Sharma tweeted on BCG – “Sir, the next time you see a trade like Amzn, Aapl, Indusind, Twtr, Tata Motors, HFCL,at multi year lows, tell us.We’ll buy too”.
    I laugh:”You never wud because you’d say”Too risky’.
    In hindsight,all great trades seem easy. But they weren’t so then.
    Ad-tech?

    #13032
    Abhishek
    Registered Boarder

    @ Logan .. excellent articulation with great example of soccer n IPL cricket. Thank you for keep educating us.

    #13034
    Raja
    Registered Boarder

    Dear friends,
    Good news, our bcg is added to BSE S&P 500 effective 7th Jan,replacing Gateway distriparks.
    Good luck and best wishes

    #13038
    hw_tw
    Registered Boarder

    It’s a US based Audio adtech company … Sorry, I was totally wrong in my analysis at #13030

    Anyway, this seems to be a bigger than MediaMint atleast in terms of valuation … and may be a step closer to Nasdaq listing

    #13040
    Abhishek
    Registered Boarder

    sometimes market sentiments are so strange, TTML financials are completely messed up from what we could find through available sources but look at the stock price movement. And BCG is a gem stock, I have not found a single stock other than BCG which has such an emerging business backed up with strong financials and continuous growth. Market will definitely take it to right valuation sooner or later.
    @Logan – we all love you and all senior members of this board for educating us with excellent details of BCG business, future prospect, how to evaluate and figure out intrinsic value of this stock. Who cares for Naysayers who talks without any knowledge base, at least we don’t.

    #13046
    hw_tw
    Registered Boarder

    Lot of negativity is being spread around the Preferential Issue

    Looks like we have forgotten the history … Note that the market cheered positively when issue was announced and all of us has voted in favour of the same

    Listing out some points which the investors liked at that point of time … request the new investors to please know the history and take your investment decisions

    – These funds will be used to acquire companies … lot of people were skeptical at that point of time that how will BCG get funds for acquisitions when it’s MCap was some 2000 odd crores or less and looking to raise 1500 Cr … remember BCG sales was not like this before and there was a challenge in free cash flows too

    – The price at which this was allocated … 37.7 rs which was higher than the pre-bonus figures of around 27 … this gave a lot of comfort for the investors that we were able to raise the same amount with less equity dilution and even the price was high

    – And the big surprise factor of Mr. Shankar Sharma’s subscription … the whole market cheered this event … this event has played a substantial role in the rally of BCG and further fuelled by other events like 100% increase in revenue, PAT, FCF generation, leadership hirings and news of acquisitions etc;

    Anyway, its one more step forward in acquisition of DM and Audio adtech companies … This funds will help BCG to move fast and close MediaMint acquisition and bring the new team on board … needless to talk about the topline and bottomline growth it is going to bring on table both as an individual entity and as a backend supporting entity for BCG’s sales team

    #13049
    JackSparrow13
    Registered Boarder

    Brightcom is now a trading stock between 150-200, around 25-35 PE, till Dec results. No need to take tension regarding 5% +ve / -ve movements, and conspiracy theories.
    Cheers.

    #13059
    Raja
    Registered Boarder

    Dear all,
    Company is considering bonus shares for share holders on 25th January, this is in addition to other agenda…results etc.,
    Best wishes

    9+
    #13060
    rishi
    Registered Boarder

    SE_announcement_16012022.pdf. Bonus issue

    3+
    #13061
    rishi
    Registered Boarder

    Bonus

    6+
    #13063
    ramganesh1982
    Registered Boarder

    Hi Logan ,

    Great to continue hearing from you on all the current happening and feels great to connect back after a while in this forum , however I see this another bonus share announcement little concerning . I am sure you will also be not appreciating the fact that this dilution is not coming to an end . When I look at it from one side this bonus share is a saviour from dumping of shares impacting the share price .. but if I look at it from market sentiments perspective then it’s a concern if the market sentiments go the other way . Please share your opinion on this allotment plan !!! Awaiting your response on this

Viewing 20 posts - 4,301 through 4,320 (of 4,589 total)
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