Analyst/Equity Research Report

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  • #6295
    admin
    Keymaster
    Topic Author

    Hi All,

    So we have the first of the kind ‘Analyst-Equity Research’ report coming out by Menasa Research.

    The Report states:-

    We recommend a STRONG BUY of the BCG share at the current price of Rs. 6.30 with a target price of Rs. 12.00 ( upside potential of around 90% )

    Target price will be revised after analyzing the FY 2019-20 year end annual and March 20 quarterly results, once announcement by the company.

    Please see attached report.

    Regards,
    Admin

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    #6296
    admin
    Keymaster
    Topic Author

    The report details is also covered by Business Digest magazine by the tag ‘Brightcom Group is well poised to grab the opportunities arises out of Covid-19 pandemic’

    https://www.businessdigestmagazine.org/index.php/corporate/item/4048-brightcom-group-is-well-poised-to-grab-the-opportunities-arises-out-of-covid-19-pandemic

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    #6297
    sateanna
    Registered Boarder

    Thank you admin ji. This is certainly a first of its kind. This could be because of the investor/analyst meet conducted by the management. I am sure many more recommendations will follow. Looks like the stock will crack the 52 week high for starters and from thereon to new highs. All in all good positive developments with more to follow.

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    #6328
    VALUEBUYER001
    Registered Boarder

    Lot of youtubers are also giving buy calls for brightcom group share

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    #6329
    admin
    Keymaster
    Topic Author

    Yes Valuebuyer. BCG is buzzing stock right now and Youtube recommendations are increasing. Request to like and also comment about our forum to help new investors gain some knowledge.

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    #6330
    Deepak
    Registered Boarder

    Any one knows when the circuit filter get revised on monthy basis.

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    #6360
    Myshport
    Registered Boarder


    Brightcom group share price grow reasons by Research Analyst

    #6363
    Investor_2022
    Registered Boarder

    I don’t know if someone has noticed or not.
    BCG has added a new tab in “Investor Info” as “Analyst Corner” in company website.
    And they have added a PDF of Menasa research report dated 25 May 2020.

    http://brightcomgroup.com/investors/analyst-corner/

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    #6364
    admin
    Keymaster
    Topic Author

    Good observation @Investor_2022. Thanks for sharing.

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    #7545
    admin
    Keymaster
    Topic Author

    Brightcom Group getting featured in the ‘Bull Side & Sell Side’ June 2020 edition.
    “Brightcom Group Rides on Digital Advertising Solutions Service Boom”

    #7548
    Rathi_b
    Registered Boarder

    Thank you admin for the post. Hope you will put more articles with regard to the functioning of the group and their various disciplines. Can you please help me in understanding what their AI initiative and Lil projects is all about. Forgive me for my lack of knowledge but I really want to educate myself regarding the technical aspects of the group a little bit more.

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    #7549
    admin
    Keymaster
    Topic Author

    Hi @Rathi_b, AI/ML initiative is at a very nascent stage. In the investor presentation you can see they are working on applying AI/ML in the field of healthcare and agriculture. In the conference call management said about working with few healthcare institutes or so which will help to access a large amount of data. Like for every AI/ML algorithm model, data should be fed to train the system so that it is finally able to work on its own as a independent automated system which will then be used for Predictive Analysis, for e.g the new data can be used by the system to diagnose early stage of cancer and several other ailments. AI/ML can be applied in a wide range of services but healthcare and agriculture seems to be one of the promising ones even for Indian market.

    AI/ML technology is already used in programmatic advertising in their leading Compass 2.0 platform. All this learning can be helpful to explore other verticals and that is why the company is foraying into this. LIL project is an Indian subsidiary 100% owned by Brightcom Group with applications in all the mentioned areas.

    #7550
    Rathi_b
    Registered Boarder

    Thank you @admin for the info.

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    #7551
    Rathi_b
    Registered Boarder

    @admin, I would like to digress a little and mention that there are a lot of manipulations in this stock because of the 5% slab in the equity market. Don’t you think it’s time that the company takes hold of this situation and minimize the influence of market manipulations and forum manipulations ( others). Because I as an long term investor I want the stock to see minimum pump and dump here. It pains that all so called technical analysis of price as it plays to the anxiety of geniune long term investors like me. Don’t you think revising the slab will bring stability to the equity of the stock. Because a stable equity position will help people like us in better understanding the position and potential of the company in general.
    Thank-you I would like to know what you and others think of it and maybe correct me if I am looking at the situation in an innocent way.

    #7552
    buffet
    Registered Boarder

    @rathi, I concur. It’s really saddening that some people are controlling the price movements up/down at will.Some mmb users are spreading lies / rumours to control the price movement since last 5 years. Something needs to be done. I am not sure what/how. @saul, @headstead @admin plz enlighten us.

    #7554
    lycos.rags.to.riches
    Registered Boarder

    I assume management has to get all its pledged shares released and promoters have to buy from open market to add confidence to the business growth story

    #7557
    Saul Goodman
    Registered Boarder

    @buffet, my understanding is that too many shares are with retail investors and now because of COVID-19, that number has increased. People who don’t know anything about the company/fundamentals have started investing in shares. Not just BCG but we can see in all the companies. So, I’m expecting there will be volatility in prices till the company resolves all the outstanding issues.

    Also, the company should focus on bringing in stable investors like mutual funds or other institutions. But that won’t happen until the P/E goes to at least 5(as per Mr Reddy). As @lycos.rags.to.riches has mentioned, there are many triggers for the rally in stock prices (like DAUM,Axis, pledge release) but to bring stability to price and for the rally to sustain without reversing, the company has to grow constantly or pay dividends regularly or bring in a stable investor.

    If all these happen, then those operators or jealous ex investors can’t do anything to hold the stock back. If you observe properly, most people who write negative messages on mmb are ex investors of BCG. Maybe some are operators but my guess is that most of them are ex investors who sold the stock at loss. And new investors who are gullible to operator’s play will seek advice from others before buying or selling shares (as mentioned above they don’t look at fundamentals or do any research) and they in turn will lose money and then they advice other new investors not to buy the shares and the cycle repeats.

    So, if more retail investors hold shares then volatility will be more and that in turn makes manipulating share prices easy.

    #7558
    odysee
    Registered Boarder

    So in essence, Saul, weak hands must give way to stronger and more informed and fundamental investors with a capacity to hold on for the longer term for the volatility to reduce. In the bargain, the market price would reflect a more realistic P.E. multiple as opposed to the current 0.9 or so. Bizarre isn’t it, the company earns over Rs 9 per share (annually) and the market price is below that!!

    #7559
    lycos.rags.to.riches
    Registered Boarder

    Meanwhile we forgot to ask about the analyst meet in mumbai in the con call, how did the analyst perceive about BCG? any positive outcome of it? will there be any further analyst meet.

    #7560
    Rathi_b
    Registered Boarder

    Tomorrow there is axis hearing again scheduled, so let’s see if their is going to be a nail in the coffin for atleast one of the issues. High probability that nothing changes tomorrow but let’s see. And anything about analyst meet, thank-you.

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