[Srd.rdx]

BG Bro..can I request you to put some speed breakers in the new threads you are starting 🙂 Never mind , be cool.

Too many threads..I suggest restrict the new threads so that almost all the relevant information is available on the first page.

This forum is a GAME-CHANGER..It provides almost all the necessary information for a novice to make a decision. This forum also provides the information to the DII/MFs/HNIs/investors to get an idea of what has been the history of the price hammering and company performance..

Hoping to see sustained disclosures and sustained price appreciation!
Happy Investing 🙂

[admin]

Thanks @Srd-rdx for making a valid point. This is being addressed.

[108BULLGURU]

Have U all thought about it?
Who benefits the most if the board decided the issue at a higher price?
Well you guessed it right.
It is he promoters as they have the nighest share holding.
Higher the price at which they issue the new stock
higher will be the market price of BCG as it will show higher
confidence in the promoter management and the future of BCG.
Any thoughts.

[Bitran]

Yes BG. If SKR alone is buying, he will have the flexibility to put a higher price but if others are joining, they might pressurize him to go with a small amount. It all depends on the amount they are trying to raise and how strong the investors are..

[Saach]

Bro! Firstly, we should understand the policy of SKR; after all he is the real entrepreneur and gained his vast experience in the USA market. The buying price of the preferential share will not be ONLY point, there are many more other important issues to be addressed by the BoDs during the meeting. I, therefore, once again re-iterate to look into the final outcome of the Board then to presume, assume and decide taking into complete subject. Regards

[kpal]

i do not think he will rope in anyone. Not to forget he is holding only 39% as of now & can go till 75% with time. Correct me if i am wrong on this count.

[108BULLGURU]

Hi all,Ofcourse there will be multiple issues to be considered and influencing the decision in which SKR will have a big say.My point of raising that issue was very pertinent though as to how the sentiment can change short term and to whose advantage and how even pledged shares will then be released.
Some one got to strike the balance some where.
Waiting mode.

[sateanna]

Dont want to divert, ma very similar story happening with Yes Bank as well, with infusion of funds for working capital purposes, here infusion of funds for settlemet of a legal case. Will be interesting to see hoe yes bank reacts and Brightcom follows suit.

[talksense – Joseph]

Reg Pre. shares and its impact on market and equity base.

If pref. shares no immediate impact on equity base. If issue is with higher price say Rs. 20, it itself is a declaration that BCG market cap is worth 1000 crores and above and market with its own wisdom will re-rate BCG and its effects will be visible immediately.. we small investors do wish so.
If pref. share is issued keeping in mind the needs of funds to address axis bank and daum, ok then fund raising may be for 60 crores or more if possible, then also good because twin bottlenecks will be well addressed, double whamy effect.. In any case SKR will take a wise decision to solve all obstacles which are stands as notch bar / stumbling block in the way of progress / dignity of BCG and its stake holders for the last 5-6 years. from 4th December 2019 onwards nightmare gone, good dreams only day and nigh.. God Bless the Company and its efforts and we small investors thanks God always..

[Saach]

Bro Joseph, nice to go through your post, as always, very straight forward and meaningful messages for retailers. I appreciate your endless efforts. Very rightly said both ways the retailers will positively reap the fruits. Rgds

[Aneelnbamb]

Skr has paid 23cr personally to the company for ots loan repayment to banks

Last update I have

preference share price will be subsequently at a higher price if at all it goes through

[kmr003]

Can some one brief on what are sebi norms to fix share price
for preferential share allotment

please refer https://www.sebi.gov.in/guide/guide200013.html

seems like SRK was telling 6/- around 8 months ago,

Please clarify, what is possibly if allotted at lower price

[Aneelnbamb]

The company has already taken approval long back ago itself …. around a year back itself

[m4max1979]

Hi guys, Notice is out on BSE regarding board meeting for approval of postal ballot for issuance of preference shares. Hoping for things to turn around soon now.

[m4max1979]

Board meeting is on 20th so I guess postal ballot should be done and by mid january I guess. Well it is all a matter of speculation as far as BCG is concerned but I hope they close all pending issues by March, 2020 so that investors get to see their target price by next diwali at least. I actually hope to see at least book value or even half of book value by march. Keeping fingers crossed, praying actually.

[108BULLGURU]

I see distinct possibility of BV crossed by May end 2020.

[kpal]

7.2% allotment of pref. shares to whom?? Is it a Marquee investor. How much % to whom, Any guesses ?? 20Th Dec 19. if they disclose well & good. Market still not reacting on this as its more keen to know regarding disclosure on Daum which has presumed as settled long ago.

[108BULLGURU]

company holding cards v v close to the chest. As a long term holder i am holding my BCG shares very close and hidden in the lockers far awaya from the sight of operators and manipulators.
WINK WINK. SMILE SMILE. Big grin

[sateanna]

So money collected will be paid to daum & announced in a single shot ??

[108BULLGURU]

Looks like lot of things can and may happen in a short time .
Any one selling before the annual report is out may not be acting so wisely.

[Author]

Posts