Tagged: General Discussion
August 9, 2020 at 10:49 pm #7982LoganRegistered Boarder
Going forward, once all the outstanding issues are resolved, the management should focus more on bringing in long term oriented investors and buying back some of the shares. Instead of paying dividends they should buyback 10 cr worth of shares every year that’ll bring a lot of stability.
The problem with small cap stocks is the involvement of naive retail investors who buy or sell shares depending on what others say. They can be easily manipulated (I’m not talking about genuine long term investors).
When the price goes up they say all the good things about the company and when it falls they think that the management of the company is made up of criminals.
Their minds change depending on the changes in prices of the stock and not on any fundamental changes in the business of the company.
They only look at price and then decide about the business. When they see BCG trading at penny levels they don’t believe the numbers.
Any sane person/investor will look at the business first and then decide on stock prices. With BCG the fundamentals are very strong but people are looking at price only.August 9, 2020 at 10:54 pm #7983myainvestRegistered Boarder
Many thanks for your responses. I do agree we should ignore them and I had mostly stopped posting anything in BCG forum in MMB as it will be deleted anyway. Some could say/think that information shared in MMB will not have any impact to share price. But my view is that, except for big pocket investors, it will have a significant impact on any new investors – as we have seen in the past several years. Thanks to admin whoever he/she is for creating this platform to share key information, else I guess we would probably be dommed for another couple of years. At least till the time, we have any big MF/institutional player invest in BCG – I’m well aware of the fact of when/how MF/big institutional player entry will happen esp, when we are less than or only around 500 Cr Market Captial and few other legal things around the corner. Sorry for a big post, can we really not do anything about those AHs ( apologies again ) deleting messages. I’m more senior than their ids, but they still delete mine and I cant do the same! My point is, I don’t want to delete their messages but want to stop them from deleting only positive messages. Let both be there and let the investors decide. I’d never seen such behavior in any other forums i.e. deleting only positive messages and having only the abusive/negative/non-sense stuff stay in board. Glad we have this platformAugust 10, 2020 at 10:34 am #7984August 10, 2020 at 1:49 pm #7987lycos.rags.to.richesRegistered Boarder
I hope Lycos is in the 15- 20 range by the time LOC is approved. It will set the stage for the next movement.6+August 10, 2020 at 5:50 pm #7988August 10, 2020 at 7:41 pm #7990hw_twRegistered Boarder
Ads.txt direct sellers Brightcom is at 36th position with 1% and Criteo is at 31 with -4% change
Ads.txt resellers list Brightcom is at 63 position with -4% change and Criteo is at 34 position with -1% change. InMobi is at 79th position with 84% change
In Header bidding Brightcom is at 54th position with 0% change and Criteo is at 6th position with -4% change
Note that this report is for US and UK sites and not worldwide.
If you are looking for this report search for “adzerk pdf reports q2 2020”7+August 11, 2020 at 3:06 pm #7997Optimus Prime 06Registered Boarder
Any update in AXIS BANK NCLT CASE?5+August 11, 2020 at 5:28 pm #7998
Axis vs brightcom group listed in nclt tomorrow August 12 th. But anyway any chance for out of court settlement5+August 11, 2020 at 9:30 pm #7999jmathewRegistered Boarder
Affle is trading @2170, Consolidated book value is 90 and eps is Rs.26. If they decide to split the share to FV 2 then the price will be around Rs 430( eps 5.2 and book value 18).
BCG book value is Rs 55, eps 8.67, and trading below its eps.
BCG is highly undervalued and I believe LOC will be the game changer and it will take the price above the book value. SKR needs to close the axis issue and Daum asap.11+August 12, 2020 at 9:02 am #8000Optimus Prime 06Registered Boarder
The ownership document of online media solutions issued in 2019..
In sep 2018 Lycos internet name changed to brightcom group in exchangea.ownership document in the name Lycos internet..that may be the reason for the delay to publish..may be daum settlement has done or they may come to some understanding..that may be the reason to publish ownership document..
By the volumes..we can say oak exited.. exchange of shares is hapening..
More thàn 7 crore shares traded from July 1
Silence before storm
Let’s hope for the goodAugust 12, 2020 at 11:53 am #8001LoganRegistered Boarder
There’s some confusion among people about taxes and profits.
Regarding taxes, BCG does operations in at least 24 countries and there will be tax disagreements with the authorities which is completely legal. Always these things will be sorted out. Some people are alleging without evidence that the management is hiding details. If the management really did hide details they wouldn’t have told the auditors about the tax issues, they would’ve kept it a secret. Obviously the auditors will mention about taxes in their report so the management has nothing to hide.
Regarding profits, many companies will have large profits but they won’t have free cash all the time and conversely many loss making companies will have better free cash flows than profit making companies. Steel industry is the best example for that.
BCG needs additional funds to improve cash flows and for growth.
All the companies need additional funds for operations and growth, HDFC limited (not the bank) is issuing NCDs and qip to raise Rs.10,000 crs. People can ask why do they need extra funds when they have profits.
The answer is that is how businesses work. No company can rely on profits alone for operations and growth all the time, at some point they need to raise funds.August 12, 2020 at 1:42 pm #8002
Comments ( and speculation) suggest that Oak may have fully exited by now. But is Oak not required to inform the stock exchange of their exit? They held over 7% at one time. They informed the exchange the previous time they sold some stock a couple months ago. My understanding is ( subject to being corrected) that until Oak’s holding drops to below 2%, they have to inform the exchange of any change in holding. Unless the requirement is for intimation every quarter rather than when the change occurs. Which would suggest then that the intimation would be made as of 30th September 2020. Can someone please clarify on this?3+August 12, 2020 at 1:52 pm #8003
As on july 1 oak holds less than 5% so they need not inform exchanges I heard1+August 12, 2020 at 2:22 pm #8004
@Valuebuyer001, according to the Sebi notification dated 23rd September 2011 on acquisitions and takeovers, Chapter-V on ‘Disclosures of shareholding and control’, paras 29(1), 29(2) on page 63 (of 71) appear to suggest otherwise, if the holding was over 5% at any point of time. But it’s possible my interpretation is not fully correct.0August 12, 2020 at 2:48 pm #8005
Bcg still did not announced result date.1+August 12, 2020 at 3:20 pm #8006
Continued adjournments of the NCLT case will not matter to Axis Bank at all.
With BCG it’s a different story; the tag of ‘defaulter’ remains till issue settled. And, consequently ,other expected important milestones will get further delayed unless some out of court settlement takes place in the interim.August 12, 2020 at 3:43 pm #8007
Odysee ji after July 1 st oak holds less than 5% so not required to inform exchanges5+August 13, 2020 at 9:39 am #8015August 14, 2020 at 10:50 am #8019rajeshmkRegistered Boarder
There is a comment on moneycontrol message board that Suresh reddy has released 27 lakh shares from pledge . Is it true ? Any info on this will be highly appreciated .thanksAugust 14, 2020 at 11:57 am #8020Srd.rdxRegistered Boarder
Pledge released info on bse3+
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