Tagged: take my online calculus class
- This topic has 5,545 replies, 167 voices, and was last updated 11 hours ago by Logan.
-
AuthorPosts
-
November 11, 2024 at 8:38 am #29124LoganRegistered Boarder
It’s good to see the company sharing regular updates and more important than that is that these aren’t just random updates but actual progress happening. I’m guessing SKR is behind all this but Mr.Raghunath and the board also deserve credit and respect. Though both Mr.Raghunath and Mr.Kallol look like they are SKR’s people, both deserve respect for taking up the responsibilities when others didn’t (like Vijay Kancharla and Mr.Peshwa). They didn’t always do things quickly and are partly responsible for the trading suspension and keeping investors in dark for more than a year but recent actions seem like they are finally ready to be serious and take necessary steps to revive the company.
They’ve mentioned that there’ll be a conference call on the 19th. I’ll try to share the questions list here ASAP. I request everyone to share their questions so that we can send it to the management team at once (like we always did before conference calls).
Also, whoever gets the chance to talk with the management in the call, please ask them tough questions and make sure that you get proper answers from them.
November 14, 2024 at 1:16 am #29131AdUpRegistered BoarderTotally agree @Logan. It is great initiative from the management to keep us posted about updates. I wish this signals their new face in corporate governance and investor friendliness. I guess they still have some way to go for it, but this is a step in the right direction. On one hand I am glad that BCG trades just one day as week. Imagine the riot it would have caused if it traded on a daily basis in these dark times. But on the other hand, and more importantly now, we are inching closer and closer to the deadline for revocation, which I guess is somewhere mid of December. There is a lot of retail investor activism as well, and combined with the actions of the management, I seriously hope that we get out of this self-dug grave soon.
Lot of important events lined up for the next few weeks. These will be action packed weeks for sure. Investor call, AGM, Dec 3rd SAT hearing, etc. I expect that they will send out the notification for the conference call together with the weekend updates.
November 15, 2024 at 7:40 am #29134LoganRegistered BoarderYes @AdUp, I’m also seeing maturity in their communication. Not sure whether it’s mostly SKR or maybe there’s contribution from Mr.Raghunath and the independent directors also. I’m glad that they’ve finally understood the importance of taking actions and not just saying words. The attitude of taking action only after getting into trouble should also stop.
They’ve mentioned that they’ll hire a KMP and I’m guessing it’ll mostly be for the CS role and not for any other roles. It’ll be a pleasant surprise if they hire a CEO or a CFO or an executive director but my expectations are very low now.
November 18, 2024 at 8:35 am #29140LoganRegistered BoarderI thought they’d finally do what they say but again there’s postponement of results (not the Q2 of FY25 or Q1 of FY25 but Q4 of FY24) which they were supposed to share 6 months back. There’s no point in having hopes or expectations at all, we’ll be sure that we’ll get disappointment later. It’s only in words that they say they care about shareholders but in reality it’s different.
November 18, 2024 at 11:59 am #29141SaachRegistered BoarderDear @Logan, looking into current situation and very difficult position of the company due to adverse acts/deeds of previous management and tough war conditions in the area, no clear and straight option(s) is left for them except to bring the worst condition of the company and do the transformation. In such conditions, I believe, we have to be more patient as shareholders and extend solid support to come up from this type of toughest position. Warmest regards.
2+November 20, 2024 at 2:53 am #29601Longplay55Registered BoarderDear Forum Members,
I am member of this forum for close to last 5+ years, and gone through so many informative and value-added messages at various times and stages; though i am invested since 2016…..especially info from Logan Sir is value-added, but I presume ( may be wrong as well) as if he has put majority of his eggs in BCG basket, which takes toll on his health….. I have whole hearted sympathy for this gentleman and pray for his health-recovery and blessed life.
Point I want to highlight here is, we have been discussing BCG’s good & bad & ugly days, however now it’s time to act….. it is apparent that new management is taking efforts to emerge from earlier dirt, so we need to vote for BCG’s resolutions and help them change/resolve CG issues. (SKR could be incognito part of new team…..never know). Voting (18th to 20th Nov only) is something like we are helping ourselves by helping them, since we stayed with BCG and chose to lose another good opportunities like Suzlon, R-Power, Infibeam…etc. So do NOT fail to vote, and in case you don’t vote, then don’t raise concerns on company’s issues…..it’s meaningless….. I strongly believe, in democracy correct “voting” works magic.November 20, 2024 at 7:52 am #29602LoganRegistered Boarder@Longplay55, my health issues are totally unrelated to BCG and I’ve had it from a long time. Though BCG is a good part of my portfolio, I’ve not put all or majority of my eggs in BCG basket. I’ve diversified sufficiently.
You might think that I’m ranting here but what I’m asking for is accountability from the management. If you remember Mr.Kallol said he’d share the Q2FY24 results in the first week of March but when did the company actually share it? It’s not as if they’re sharing the Q2FY25 results and they had run into some issue and had to delay the results. They’re sharing the Q4FY24 results (which they were supposed to share 6 months back). I know we are seeing progress but how many times have we seen them go back on their words? They said they’d never allow trading suspension to happen but what happened later? What happened to CEO, CFO and CS appointments?
I support the company and support Mr.Raghunath for taking up the role when the company was/is in trouble. I’m not worried about the stock price also, I’ve seen both happening since the day I started investing in BCG – all time lows and all time highs.
I appreciate Mr.Raghunath, Mr.Kallol and the board for taking massive responsibilities at hard times. Others wouldn’t even join companies when the companies are in trouble but these people not only have joined but they’ve also taken the responsibilities and I have massive respect for that but only thing that they have to improve on is being accountable and do what they say.
(History has shown us that if the management isn’t held accountable then they’ll think they can do whatever they want and get away with it. If you remember, we supported SKR all these years and year after year we kept on supporting him even if he wasn’t improving. He not only became lazy but took shareholders for granted and did the fraud. If he were accountable, he’d not have lied to us about his shareholding and he’d not committed the PW fraud. See how much shareholders are suffering because of him and the company’s revenues have also declined massively because of him. Mr.Raghunath, the board and BCG’s employees are also suffering because of SKR’s actions)
November 20, 2024 at 8:33 am #29603Longplay55Registered Boarder@Logan ji,
Highly appreciate your response and cent percent agree with your total views on BCG. I hold high regards for your stock-market studies and knowledge, especially BCG; and I do not have even ‘remotest intention’ to hurt your feeling in any way, please note. Since I had chosen to remain invested in BCG inspite of all odds, now what concerns me is their lined-up premium scheduled activities for next 15 days….. today we are expecting Q4-24 results, and my strong belief is that there will be no losses shown in bottom line. Also I am expecting reduced equity capital in SAT order, lets keep our fingers crossed. Whether SKR returns or not, there is nothing much we can do as an individual, but his shrewd business acumen can benefit BCG, and at the end of the day as an investor, I want business growth and subsequent price appreciation…..this does not necessarily mean I support SKR’s unethical character. I would love seeing person like Narayan Murthy there, but it will never happen, so we have to chose only one option from all available on the menu card of BCG.
Good day, Sir ji…..!November 20, 2024 at 11:11 am #29604LoganRegistered BoarderThanks @Longplay55, and I totally understand your views and perspective.
If you remember I had massive respect for SKR and that was because he had the never die attitude and he had always dedicated himself to the company (initially he didn’t have much commitment towards shareholders but later on he was changing that attitude and from early 2019 there was a massive improvement). I’m not sure what made him do that PW fraud, was it pure greed or was it a misstep but that one bad decision made lakhs of people suffer. And to know that the PW allottees didn’t pay a single rupee is like rubbing salt to our wounds. If he wanted only money then all shareholders would’ve voted yes for him to increase his shareholding and no one would’ve objected if he took crores of salary.
SKR has taken few wise decisions, like starting programmatic advertising sooner than most in the market, getting into audio advertising and though the AI trend has picked up from 2022, SKR was talking about it from 2015-16 or maybe even earlier and he had started projects on it but he has also taken decisions that have hurt shareholders badly and the bad decisions overshadow the good decisions.
If you notice, one of the main reasons (not the only reason obviously) for Donald Trump to win the elections is because of his participation in podcasts. Even here podcast trend is growing but it’s very big in the US. With podcasts you can connect with people and you can understand the trend that’s going on. The growth of audio streaming (music and podcasts) is high and SKR wanted to get into that at the right time. Unfortunately I think the audio ad JV with Consumables Inc might be dead and that’s because of SKR only. I don’t know whether he used the acquisition news to do pump and dump but that industry has good growth and is expected to grow even more in the coming years.
Let’s see whether Mr.Raghunath, Mr.Kallol and the board can revive the company and get it back to previous levels. I never wanted BCG without SKR but his betrayal of shareholders made me change my mind. Let SEBI and the honourable judge at the SAT decide what to do with him but we need his guidance for the company to grow. I still want the board to have him on a consultant role because looking at the way the tech world is going (AI especially), we need people like SKR to advise the company.
The negatives are that, if he could manipulate the bank statements then he can manipulate the subsidiaries numbers also and the numbers might not be what was reported previously. This risk is also there but SEBI didn’t say anything about fake revenues when it did the forensic audit.
I hope that everything is real and that we see good days ahead. All shareholders have supported the company through thick and thin and the management should make sure that we see good days ahead.
November 21, 2024 at 6:49 am #29607whySharesRegistered BoarderNovember 21, 2024 at 9:37 pm #29610LoganRegistered BoarderI think the @admin is busy and might not have sent the questions to the IR.
I request all the shareholders to include my questions also along with yours (which I’ve added in the Questions to ask / Post-Conference Update thread). Please make sure that the management team provides proper answers to all your queries. Ask specifically about the PW fraud and the future plans.
November 23, 2024 at 1:15 am #29615LoganRegistered BoarderI’m not sure why BCG’s management call it investors conference call, it should be called management lecture call. The management people talked more than 90% about boasting themselves and even though Mr.Kallol’s part was very less, he looked more honest and sincere than the other two. Mr.Raghunath was spinning every negative as positive but Mr.Kallol was more realistic and honest. Though topics like AI, audio advertising and quantum computing are very important, I’m tired of listening to the same prepared statements which are repeated in every conference calls.
What was the use of having Mr.Sreedhar on the call when he just repeated whatever Mr.Peshwa was saying in previous calls? Everything is theory and nothing is done yet.
I like people like Mr.Kallol who are more honest and realistic. I don’t want to listen to statements boasting about themselves when there’s no actual work done on ground level.
Mr.Kallol mentioned that BCG’s subsidiaries will be shifted to Trenova and he mentioned that Mr.Raghunath talked about this in the AGM. I couldn’t attend the AGM, can anyone please explain about this? I remember SKR wanted to consolidate all the subsidiaries into one US entity and that BCG would hold that entity. Is it the case with Trenova also or are they spinning off Trenova separately. If latter is the case then there’ll be no value left in the parent company. I don’t want to comment on it without knowing anything about it. The whole reason I’ve stayed invested in BCG is because of the subsidiaries (mainly OMS) and if it’s not part of BCG then there’ll be no value left.
Why didn’t they talk about Trenova and clarify about it in the conference call? They should share an update on it through the exchanges and should share the transcript of the AGM so that investors who couldn’t attend the AGM can know what was discussed (other than the main agenda of course).
November 23, 2024 at 11:06 am #29616LoganRegistered BoarderThey’ve uploaded the AGM video on their website. This is a really good move and I appreciate them for that.
The questions asked in the AGM were also good. I thank the shareholders who asked those questions. I appreciate Mr.Raghunath also for giving answers and he was not deflecting the questions. Hope this continues and we see more transparency in the future. The conference call was bad but the AGM was good.
Please find the video in the below link. There’s the AGM video link and PPT Vivek, click on the AGM video.
(Investors page in Brightcom Group website)November 25, 2024 at 9:07 am #29625LoganRegistered BoarderThank God they clarified about Trenova and that all the subsidiaries will be owned by BCG.
A lot of credit goes to Mr.Kallol and Mr.Raghunath but we can’t deny SKR’s silent role in the developments happening. SKR seemed like he cared about retail investors but he took us for granted also. He never cancelled a single conference call and was answering each and every question no matter how tough the questions were. But I can’t figure out why he did the PW fraud, was it just to increase his holdings? If only that was the case then why did he give free stocks to other people who dumped immediately (and made thousands of crores)? He might deny that but we can’t say there was no fraud without the company sharing evidence for his arguments (maybe we’ll have to check the 187 page reply the company filed at the SAT to understand more but we don’t have access to that). Other companies will reply to SEBI’s orders and appeal at the SAT immediately where the judge will give more time and the people who get SEBI’s ban orders will stay for longer (for months and sometimes for years) but SKR resigned immediately.
When I look at all these, the way things were handled and the way the company took shareholders for granted, I don’t want SKR to be back as the CEO/Chairman but looking at the future, the changes in the tech industry, the big roles of AI and Quantum computing and the growth in audio streaming (music and podcasts), I want SKR to be back in the company as he’s very important for the company to not only grow but to survive also. Let the honourable judge at the SAT decide what to do with SKR. We can only hope that Mr.Raghunath and Mr.Kallol will get us to good places in the future (with or without SKR).
It’s sad to see Mr.Ram Sharma’s resignation as an independent director. He has mentioned that his main role was to help the company with the compliance part and looks like he’s resigning after making sure that is completed. I had high hopes and expectations on him and it’s good to know that he’ll continue to be associated with the company as a General Counsel (Advisory).
They talked about appointing a KMP also but there’s no update on that.
November 25, 2024 at 10:13 am #29628SaachRegistered BoarderDear @Logan, I appreciate it and thank you so much. Rightly said that the moment has come where the true colors of skr are visible after a long time. I agree with your comments regarding that part of PW blunder of adopting the wrong method and involving himself. Simultaneously, I totally agree with your views/opinion under this circumstance to accept the active roles of skr in developing the company with his precious and hard work to achieve his initial target and true dream of transforming the company into global level. The role of Ram Sharma for the growth and progress of the organization and meeting with the expectations of shareholders are equally appreciated. Warmest regards.
November 25, 2024 at 1:24 pm #29632LoganRegistered Boarder@admin, please block many spam IDs. Their job is only to go to many WordPress blogs like ours and spam there.
Please disable registering unverified IDs also. Many nonsense people come and post many messages.
November 25, 2024 at 8:28 pm #29960AdUpRegistered Boarder@Logan @Saach As always, good to read from you and thanks for your inputs. I haven’t had a chance to post here for the last few days for personal reasons. But starting with the concall: in normal times, this concall would have been nothing to speak about. But we are not in normal times now, and I really appreciate that the management took the initiative for a concall. AGM is mandatory, but concalls are not, and the fact that they did the call means a lot right now. And I think we all know where this guidance probably came from. I agree with @Logan that the best part of the concall was Mr Kallol Sen speak. It felt honest, direct to the point, and without the corporate jargon. But at the same time, I give a huge credit to Mr Raghunath as well. It is probably their first time hosting a concall, and that too at a time when most of the investors are with daggers and spades.
Overall, more than the content, I highly appreciate their intent for the concall.
I cannot imagine as well the reason for SKR to have committed the PW fraud. He lost a lot of credit for this among investor community, and it will be hard to get it back, but not impossible. With right steps and time, he can gain it back. As an investor, who stayed through the highs and lows (and hopefully highs again), I would nonetheless like to have him back as CEO. He has vision and the drive of a founder. One (or two) mistakes doesn’t define a person, and I think he burned his fingers enough now that he will not even dream of thinking in this direction. He stays at the forefront of technology and tries to bring get BCG involved in the latest trends, which is very important for a tech company.
Regarding Trenova, I always felt that there were no malicious intent behind it. It is not possible to just divert companies away without shareholder approval, and they know as well that they will never get such an approval. I sincerely believe that the main reason for this is probably to get away from BCG brand. This brand has been tarnished over the last couple of years, and in this industry it is not good to even have a slightest taint. I think that the intention is to make Trenova the face of the company (with it being 100% subsidiary of BCG), and eventually after some time and after we are out of the woods, the whole company will probably be renamed.
At a time when the markets have been reaching ATH, we have been put through extreme pain. Recent management actions, and the people behind it give me confidence that we will be out of the self dug pit soon. Good luck to all.
On a side but important note: I was watching a trailer recently, and a particular dialog caught my attention. It went something like “The best way to unite people is to give them a real good enemy”. While enemy is an over exaggeration in this context, but the current situation has united a few good people around here, and I really appreciate @Admin for hosting this forum for us to bond in these tough and dark times, and thank you to all the members here for the invaluable support and the guidance here.
November 27, 2024 at 8:24 am #29966LoganRegistered BoarderI rarely write about naysayers and I’m least bothered about what they say but I’ve noticed that one PJ luck guy sometimes crosses the line and insults and disrespects many long term shareholders. Last time he had said that we had shut the forum so that the management can do one last dump. What the hell does he think about us? Does he think that we don’t have integrity and can’t think independently? We are not like him where someone needs to control us, he should know that our opinions are based on the developments happening and not based on other people’s comments. He thinks that everything is binary and people don’t have independent thinking.
He sold his shares so everything with the company is negative and everything is fake. This silly attitude guy is judging the characters of many shareholders. If he’s so sure that the company is fake then why doesn’t he go complain to the authorities about it.
There are many respected long term shareholders in this forum, and many follow it and some are senior citizens who share their wisdom, experience and knowledge with us and he’s labeling everyone as bad. Who gave him the right to judge other people? We are a country where we treat everyone with utmost respect (especially elders and senior citizens) and this guy is forgetting all that just because he couldn’t make money in the stock. Let him talk bad about the company, its management and SKR, no serious shareholder will give a damn but disrespecting long term shareholders is not good. I’m damn sure that his only agenda is to make everyone else sell their shares because he already has sold most of his.
Being invested in an online advertising company (I’m sure he still holds shares in the company), he should know how the online world functions/works and also how websites work. Our forum faced technical issues which is common in WordPress websites/blogs and it’s very basic to understand but he thinks that we did it deliberately. Imagine if he were a doctor and someone had health issues or met with an accident and went to him, I’m sure that he’d have accused and disrespected the patient saying that the patient is faking it.
I remember once I had shared a conference call transcript which was available on Yahoo and that guy was asking everyone on MMB to share the link with him. He doesn’t even know how to do a simple Google search but he’s writing stories about an online advertising company. One time he says everything is fake but other times he says that SKR will transfer good things (like OMS, other subsidiaries) to his own companies. If negative things happen or if the stock is in LC, he’ll come and say everything is fake and if real developments happen then he will say SKR will transfer everything to his private companies. Like mentioned above, if he’s sure about all these then why hasn’t he complained to the authorities still?
He behaves like a dead clock which refuses to accept reality. Come on dude, have one opinion and stick to it and have integrity, don’t be a chameleon. (Dead clocks can also be right 2 times in a day but that doesn’t mean those are the only truths).
Every shareholder has put his/her hard earned money and like him they have the rights to share their opinions and thoughts. We don’t need some chameleon to judge our characters. We have asked the management directly about many important points, including PW topic, SKR’s actions, auditors, etc. If we see there are issues then we’ll follow the right path and we’ll go and complain to the concerned authorities. It’s our wish whether we support the company or whether we are against it, we don’t need some chameleon advising us what to do. Let SEBI and the honorable judge at the SAT decide SKR’s fate.
November 29, 2024 at 7:22 pm #29976jmathewRegistered BoarderAccording to the OMS website, they receive 40 billion impressions per month. Assuming a revenue of $1 per 1,000 impressions, their monthly income would amount to $40 million. Over three months, this would total $120 million. When converted to INR, this is approximately ₹1,000 crore. The actual number of impressions at present may be even higher.
3+November 29, 2024 at 7:25 pm #29978jmathewRegistered BoarderThe amount tech companies earn for 1,000 ad impressions depends on several factors, including the platform, ad format, audience, and industry. The revenue per 1,000 impressions is often measured by CPM (Cost Per Mille) or RPM (Revenue Per Mille). Here’s an overview:1. Major Platforms and CPM RangesGoogle AdSense AdX: CPM rates range between $1 to $10 for display ads. High-value niches (like finance or technology) can go up to $20-$50.Social Media Platforms:Facebook Instagram: CPM is typically between $5 to $15 for most advertisers. However, highly competitive audiences may see CPMs of $30 or more.TikTok: CPM averages around $5 to $10, but rates may vary by region and audience type.YouTube (via Google AdSense): CPM typically ranges from $3 to $10, depending on the content niche. Programmatic Advertising (via DSPs like The Trade Desk): CPMs average $2 to $15, but premium inventory can exceed $50.
-
AuthorPosts
- You must be logged in to reply to this topic.