November 29, 2020 at 6:40 am #9471nitin_asceRegistered Boarder
I think the share price can start upmove anytime from now just we have to be patient.
1) axis part payment done. I guess it will now be resolved in few weeks time.
2) after axis I expect to see LoC and then daum settlement
I think the biggest positive from this year which I could take is management willingness to close old issues. From that perspective if we see all issues will be closed by q4 or q1 of next year, all will be well.
But there is still a possibility we have to wait for few more quarters to see share price growth even after closure of daum. However I am very excited by the development s in bcg this year.November 29, 2020 at 8:13 am #9472
Nitin_asce Ji we will benefit if we wait till March 2021 atleast, as the decibel of negative boarders is all-time high3+November 29, 2020 at 8:22 am #9473nitin_asceRegistered Boarder
I think few years down the line BCG will be a perfect case study where deep value was ignored due to lot of noise.7+December 23, 2020 at 9:43 pm #9904
Magnite Inc stock is trading at $32. At the end of September it was trading below $7. Recently an analyst upgraded the stock so it skyrocketed. When the same Magnite was trading below $5, not many people were interested.
Rubicon and Telaria didn’t have a good past but once they merged and formed Magnite, people are noticing. BCG’s sales are more than that of Magnite and Magnite though loss making is growing and is valued at $3.6B. The price to sales ratio is more than 15.
BCG which is profitable and had a good growth rate in the past is available for just $40-50M. The penny price of the stock is making it “not popular”. As I always say, in this environment if BCG does only a few things well also the market surely will reward BCG. There’s an interest in New age companies like never before.
More people should start comparing BCG with other adtech companies like TTD, Magnite, Pubmatic etc then only they’ll understand what the situation is.December 24, 2020 at 9:31 pm #9918adminKeymasterTopic Author
Merry Christmas to all. Hope all are doing good and waiting for exciting and prosperous new year!!
If you have any questions to be answered in the AGM, please post it here. Will be mailing it to IR tomorrow. In the notice they’ve mentioned that we should send them 2 days before.December 25, 2020 at 1:41 am #9922manas18goelRegistered Boarder
Merry Christmas Everyone.
I have 2 questions:
1. For what purpose, the newly proposed 34 crores of warrants will be used?
2. More details on Receivables and Loans (with their time distribution)
3. Updates on Duam, Axis Bank and LOC if any?3+December 25, 2020 at 10:18 am #9925jmathewRegistered Boarder
Merry Christmas to dear all. My prayerful wishes to you and your family.
Bamboo/OAK tree BCG is all set for a massive up move. Positively all the issues (including pledge share release) will be resolved before the Q4 result. We can expect a consolidated EPS of Rs.6 in 2020. I expect good growth from this quarter onwards. (don’t forget as per SKR 25 to 30 % growth after LOI). The average Industry pe is 28. So, BCG should move very fast towards its fair value. Expecting some good developments in AGM. Peshaw’s presence in this AGM will boost the investors’ confidence. Also, as per the latest research report, 5 years expected target is rs 187 (which itself is a massive gain, investors can blindly buy and hold), but I believe BCG can easily trade above Rs 200 plus by Q4, 2022.6+December 25, 2020 at 11:06 am #9926
Dear jmathew and to other Christian friends Happy Christmas3+December 25, 2020 at 11:36 am #9927yogeshcmRegistered Boarder
My question is
BCG is a Fortune 500 company with rank of 400 so when can we expect at least 400 th rank market cap wise in Indian stock market5+January 7, 2021 at 8:45 am #10049
2020 was a phenomenal year for advertising technology stocks. The Trade Desk (NASDAQ:TTD), the leading demand-side platform (DSP), racked up a gain of 208%, as the company wowed investors with its ability to deliver strong growth even in one of the worst advertising environments in memory.
2021 looks set to be one of the best years for the business. Here’s why.
The economic reopening
In all likelihood, the coronavirus pandemic will reach some sort of end this year as the vaccine rollout continues, and that means the economy will normalize. The economic reopening is likely to unleash a wave of pent-up demand in areas like travel and hospitality, restaurants, and entertainment that have been affected by the social distancing requirements during the global health crisis.
For platforms like The Trade Desk, that’s likely to mean a surge in ad spending from those affected industries, as well as a desire to better target customers so these cash-strapped businesses can maximize their return on investment during a crucial time.
The Connected TV revolution
The brightest opportunity in ad tech today is Connected TV (CTV), or ad-driven streaming television. CTV appears to be at a turning point right now, poised to disrupt linear TV, which accounts for about a quarter of the U.S. ad market. That presents a massive opportunity for The Trade Desk and its peers.
Streaming consumption has surged during the pandemic, with significant growth at platforms like Hulu, YouTube TV, and Sling TV, as well as new ad-driven services like Peacock and Discovery+ that have also jumped into the fray. Meanwhile, cord-cutting appears to be accelerating, with traditional pay-TV services losing more than 1 million subscribers in the most recent quarter, and eMarketer estimates that cable TV subscriptions declined 7.5% in 2020.January 10, 2021 at 8:27 pm #10070January 10, 2021 at 9:04 pm #10072AdiRegistered Boarder
@Logan Sir, I have gone through your link, but it’s a similar case with us. I don’t get you clearly first time, is this for sharing info of other company or matter of concern? bcz it’s same with us? please enlighten us1+January 10, 2021 at 9:45 pm #10075
@Adi, I’m just sharing information about companies in Adtech industry. We should know where the industry is going and how other companies/stocks are doing. Since analysts don’t cover BCG we should rely on reports on other companies to know more about the industry. Adtech business is very competitive and if companies lose focus then they’ll go out of business.
Motley Fool was very bullish on Magnite but Spruce Point is negative. Spruce Point has mentioned that they are long on TTD, Pubmatic and Roku which means it’s not the industry that they are bearish on but this specific company. It’s good to see both positives and negatives of a company/industry. Our aim is to make money (good returns on investments) and if we focus only on negatives or only on positives then we won’t take good decisions.January 11, 2021 at 12:29 am #10078
Thanks 👍 Logan sir. The reward to risk ratio is excellent and indicates STRONG BUY in BCG4+January 19, 2021 at 9:42 pm #10148
Please read this excellent article on Magnite Inc. They’ve written all the important things about the adtech industry specifically SSPs. I wish someone in India writes articles like these. We need people to understand how these adtech companies work. People here put all the tech companies under IT or software which really doesn’t give a clear picture.
I request everyone to share this article on platforms like Twitter, Facebook etc (not on MMB, it’ll be a waste). People are not getting useful information about the industry and that’s why there’s so much ambiguity about the company. Affle listing here somewhat helped BCG but still we need to see a lot of changes.January 19, 2021 at 10:17 pm #10151RajRegistered BoarderJanuary 19, 2021 at 10:49 pm #10155
@Raj, I understand that but if you had observed how people behaved all these years you’ll get my point. No one cared what business BCG did for many years. They were comparing it with random companies and all they talked about was Daum Daum Daum – nothing else. They thought that everything depends only on Lycos because the company’s name was Lycos and if BCG loses Lycos then it’s the end of the world.
See, not paying Daum $36M immediately was a good move but how did the market react? Market participants weren’t that mature like how they are now. When I told some people that BCG competes with Google, Facebook etc they laughed at me without even knowing what BCG did. They didn’t even know how BCG, Google, Facebook etc made money.
Obviously the company should improve corporate governance, there’s no denying that and in fact all the time I highlight that but at the same time we should look at the behaviour of market participants too. Adtech is a very complex business and even in the western countries many companies have failed because people didn’t really understand what was going on (it’s mentioned in this article and in other articles like in Financial Times etc).
All these years the news flow was controlled by retail investors who didn’t really know much about the company. If analysts had written something about the industry or the company then the perception would’ve been completely different.
The same goes for other companies like for example Tanla. Before the pandemic no one cared what business it did not see now. If route mobile hadn’t come to market then Tanla wouldn’t be this famous. There the CEO took good decisions all these years but still the market didn’t reward because it didn’t give importance to the business.January 20, 2021 at 12:04 pm #10159
@Raj, I think now you can understand what I meant in post #10148. See this person whom I really don’t know is making fun of me because I wrote the truth. I should be making fun of him for his lack of knowledge on the industry and the company.
He says he’s a long term investor but doesn’t even know that BCG competes with Google and Facebook. How can we expect people to be mature when everyone acts like him?
If out of 100 people, 10 act like this then it’s okay but the problem with companies like BCG is that out of 100 people more than 90-95 act like him.
The Trade Desk, Magnite Inc, Pubmatic and many other companies compete with giants like Google, Facebook, Amazon etc. Investors in these companies won’t laugh at people if they compare those companies with Facebook and Google but here people are not ready to understand the reality.
One guy on Twitter didn’t want to compare BCG with Affle because moneycontrol doesn’t list these two as peers. That guy has more than 6k followers. He calls himself an expert (thinks himself as Peter Lynch) but doesn’t even know the basic things.
If more analysts start writing about the industry and the company then this perception will change. Nobody takes retail investors like us seriously even if we tell the truth.January 20, 2021 at 12:21 pm #10160RajRegistered Boarder
Logan, for bcg one reputed analyst report makes all the difference… Imagine a report from Motilal oswal on bcg.. That’s it.. All done and dusted. 😂… Untill then everyone has to go through wait & watch mode.. Please keep contributing and love all the naysayers comments.. Cheers.January 20, 2021 at 8:59 pm #10162
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