January 29, 2020 at 11:18 am #3801108BULLGURUSpectator
I am also ready on other fronts just in case.
BSE ANNOUNCEMENT. THIS IS IT FOLKS. LAST CHANCE TO LOAD UP .0January 29, 2020 at 11:23 am #3803Sagraa
As per this, Daum settlement is done. Buy as much as possible0January 29, 2020 at 11:24 am #3807Nitin_asce
True. This is the first time company has provided the facts so openly and that also in very clear & crisp manner.
Nitin0January 29, 2020 at 11:29 am #3809Sagraa
Added 10k, I m done with my shopping0January 29, 2020 at 11:32 am #3812kpal
Guruji 108, Finally your day has come, I am happy for you. Last 5 yrs yrs have certainly come to an end. Now fireworks only. Hail our Promoter for it, Whatever it is Inflection. Read etween lines, Understand etween lines, Understand the plot. Hip Hip Hurray !!!0January 29, 2020 at 11:32 am #3814acerforceRegistered Boarder
@108BullGuru what do you infer from Settlement agreement – Sent for review – first they said Price and payment plan agreed.. so who is reviewing the agreement, why did they not wait for the update till the review is done and the price and payment plan is signed in blood.
Confusing on the intents and needs of this update, even the debt is not fully cleared… nor does it say about pledged shares unpledged from Canara bank
One positive thing I see here is they intimated about the Global Audit , but still work in progress.
Also they are trying to sell Receivables, to some debt management company ? any thoughts here too?0January 29, 2020 at 11:35 am #3816kpal
Can anyone please relay this excellent news to Mr Shoumik as well as to Mr Headstead. I am greatful to all the 3 of you including Guruji 108.0January 29, 2020 at 11:38 am #3818
Maximum Daun couldsue BCG was 4 four million guarantee.
so it appears Daum may have settled for 10 million dollars or so.
Imagine. Daum done,
all loans settled,
i mean even Axis will be settled.
even lOC will come now
debt free company . gr8 growth coming
32% net margins.
70 in non stop UC ,. where it goes from there only God knows.
depends upon the further news and performance.
150-300-500-900 who knows ansd in how much time.0January 29, 2020 at 11:47 am #3819kpal
Guruji 108, Apart from the 3 of you, I have no hesitation that this guy Logicalspeaks indeed speaks a lot of logic which coincides with yours. That means, 4 stalwarts on this forum. I am indeed lucky to have you guys as my mentors.0January 29, 2020 at 11:50 am #3821
All good my friend. I am happy for the long suffering retail investors to win.
If SKR wants he can deliver now in a fast forward manner on those things and make BCG a market darling by May end if not by Feb 2020 end.
It is finally coming to our astrological call. April – June 2020 is gr8 period. Loadup folks dont be late.0January 29, 2020 at 11:50 am #3822
Bulk deal happened…change of hands happened..those who wanted to buy were facilitated to buy.. Its time to reverse the gears!!!
Should move up?? Or another ploy??
well time will tell. I will put my vote that its changing gears..wont be surprised if it closes in few UC today onwards…0January 29, 2020 at 11:51 am #3823Sagraa
This is the first bold step taken by SKR.
Informing exchanges about the progress of various ongoing issues like debt, Daum, etc. shows that what he said in last conf call is all true.
Progress is there on all fronts and there are limited days before share price go beyond 10, 12, 18, 24, 32, 40, …0January 29, 2020 at 11:53 am #3826
BG Bro.. press the pedal now!!!!
The word on BSE update has not spread yet…hence some delay in price movement..0January 29, 2020 at 11:54 am #3827sagraaRegistered Boarder
This is the first bold step taken by SKR.
Informing exchanges about the progress of various ongoing issues like debt, Daum, etc. shows that what he said in last conf call was all true.
Progress is there on all fronts and there are limited days before share price go beyond 10, 12, 18, 24, 32, 40, …0January 29, 2020 at 11:54 am #3825kpal
It seems this excellent news has not reached the market as yet, Therefore stock price not reacting. Guruji 108, You have loaded up or not. Last chance indeed for all of us. I am eagerly awaiting Mr Shoumik & Mr Headstead to come on oard & give their valuale comments.0January 29, 2020 at 11:59 am #3829
I just hope.. the price manipulation is all done and dusted with yesterday’s block deals…Hoping to see genuine interest.. fake sellers should line up towards the buy side now onwards.0January 29, 2020 at 12:44 pm #3837
REPAYMENT OF BANK LOANS
A. SBI- NO DUES BY MAY 2019
B. CANARA BANK – NOVEMBER 2019
C. AXIS BANK – WORK IN PROGRESS
A. 6.59% EQUITY TO BE ISSUED AT RS.10/SHARE
B. BOARD APPROVAL – DEC 2019
C. EXCHANGE APPROVAL – WIP
D. SHAREHOLDER APPROVAL
• VOTING IN PROGRESS
• VOTING TO BE DONE BY 22ND FEB 2020
RESTRUCTURING OF SUBSIDIARIES
A. LEGAL ADVISOR – DONE
B. GLOBAL AUDIT – WIP
C. RECEIVABLE FINANCING – WIP
A. PRICE AND PAYMENT PLAN
• AGREED BY BOTH PARTIES
B. SETTLEMENT AGREEMENT
• SENT FOR REVIEW0January 29, 2020 at 1:20 pm #3843Narendra
Legal advisor done, who is the advisor and what is done somebody knows about this point mentioned in restructuring of subsidiaries0January 29, 2020 at 1:23 pm #3846
Must be some decent law firm from New York.
Same i think applies for auditors.
It will look nice and more credible for bringing in some big name investment bank later and also as a lender for LOC.
Then after all this is done and dusted give it another one year and BCG will be ready for listing at NYSE..
Ask all these things in conf call and send questions or
emails now. to company0January 29, 2020 at 1:45 pm #3848Shoumik
God ‘s morning friends.
Great news . Many many Happy returns for years to come.
Congratulations to all our dear friend. We the gritty lot have prevailed .
Very many confirmations coming in one go. That’s simply great.
That’s like a good CEO OF A WORLD CLASS COMPANY.
ENJOYED YOUR CLARITY SKR. MORE POWER TO YOU TO TAKE OUR COMPANY FORWARD FOR DECADES TO COME.
CHEERS TO ONE AND ALL.0
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