[kpal]

Story need not unfold the way we want.It might unfold in most mysterious ways that one can envisage taking all of us with a huge surprise. A weaved up story does not take much time as it is weaved but for a true story to emerge/unfold will take sometime & The time has come. WAIT, WAIT, WAIT is the name of the game & I like it this way & For all those who are ready to wait, Its a steal of a price.

[kenil]

LETS WAIT FOR TOMORROW IT IS A BIG DAY BY EOD THERE SHOULD BE AN ANNOUNCEMENT ELSE THIS STOCK WILL JUST TANK AND WILL NOT LET ANYONE EXIT. I feel we all should give it time.

[108BULLGURU]

I dont see why it should tank if there is no announcement in relation to PREFRTL ALLOTTMENT.
If that happens then who knows, LOC may have come in, Daum settled and internal accruals lined up from 900 crores of receivables. So no cash from preferential issue needed.
Let us not pre judge and go into panic mode for no reason and not start seeing ghosts ….and committ financial suicide by taking drastic action and repent later.

[satyamite]

Dont understand this last minute release of information….. Unless its a very big name.

[kpal]

As far as Tanking is concerned. Don’t you know that it has already tanked from 156 to 2.30 & Now at 6.85. Strictly adhere only to company’s disclosures.No need to do anything, Sometime not doing anything yields great results. In fact what is more important is that the scrip comes out of T2T at the earliest. More or less that will come in as a coincidence with disclosures that we all are eagerly waiting for.

[108BULLGURU]

could be that SKR was abroad trying to close it fianlly with Daum and sign it up
before making this detail out re prefrntl allotmnt

[Saach]

Dear Colleagues, well! Bullguru very rightly presented his thoughts on concluded results to be published before/after EOD i.e. being last day January 6, 2019. I fully agree with his statement; if you had enough patience for taking care of your dear and near one for so long period with the hope one day the efforts will bring the colors! No need to close your eyes towards positive vibrations. My thoughts. Regards and Good Luck.

[sateanna]

Real mystery ..no notifications till now…rumors floating in MMB forum..all adding to the spice…patience is the key, as BCG the spoilt child may turn good very soon….

[108BULLGURU]

just another attempt to create panic and get soem cheap shares from scared investrors. shameful

[108BULLGURU]

well friends . just added a bit more

[108BULLGURU]

a bit more again second loading

[108BULLGURU]

There was no need to create a panic in this vaccum. BCG can still come with the details of prefrntl alltmnt offer any time. still long time .
people react for nothing due to past experience.

[m4max1979]

Notice out on bse regarding pref shares.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/9854d907-5281-4eae-be26-5d5e8f89796e.pdf

[m4max1979]

Trying to make sense from this notice. Does it mean that negatiations have broken down with daum and the issue is still open or does it mean that daum has finally been sealed with own funds. If that is the case then issuing pref shares for debt repayment does not make sense as it is a small amount.

[sateanna]

Is daum considered at standalone level ?? The statements from BCG are too general and loose. ‘Few’ days means ???

[vsk]

January 06, 2020,
BSE Limited
P. J. Towers, Dalal Street, MUMBAI ~ 400 001. Scrip Code: 532368
National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai-400051.
Symbol: BCG
Dear Madam /Sir,
Sub: Update on the announcement about Preferential Issue.
This is in reference to the outcome of the Board Meeting approving the Postal Ballot Notice for Preferential allotment of Equity Shares issued to the Exchanges on December 20, 2019.
In light of requests from the shareholders to know the objects of the issue, we would like to inform that, the funds will be used in reduction of bank debt and to meet other financial obligations of the company at the standalone level.
This is also to inform the shareholders that, the Postal Ballot Notice that was supposed to be shared today will be sent in a few days.
Request you to take the same on record and oblige.
Yours faithfully,
for BRIGHTCOM GROUP LIMITED (formerly Lycos Internet Limited)
M. SURESH KUMAR REDDY CHAIRMAN & MANAGING DIRECTOR DIN: 00140515

[ANAND SHARMA]

POSTAL BALLOT NOTICE THAT WAS SUPPOSED TO BE SHARE TODAY WILL BE SEND IN FEW DAYS.

[Narendra]

Now there is a update on bse site regarding preferential issue… It will take few more days to get… And fungd will used to pay bank debt…

[Jay]

BSE announcement.. pref not cancelled yet.. will be sent in few days..BCG clarification

[Srd.rdx]

Dont expect too much from Mr Reddy!
This is in line with what has happening in the last 5 years.
He speaks something else…He does something else.. and it comes out to be something else!!!

Corporate governance issues..continues. I was expecting that the story is over now..and from here on Mr Reddy will behave more responsibly but the latest disclosures is too disappointing.

[Author]

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