[Logan]

@admin, these are my queries for the conference call. Please review them once and send to the IR.

1) Why was the MediaMint deal cancelled even after due diligence, definitive agreement, share allotment etc were completed? Didn’t the management check about the competition/operational issues while doing the due diligence? You could’ve cancelled the deal before signing the definitive agreement right?

2) Who decided to cancel the deal? Was it BCG or MediaMint?

3) Did forensic audit play a role in cancelling the deal?

4) What happens to the shares allotted to MediaMint people?

5) Because of various issues (forensic audit, variation in promoter SHP, Lycos case with DAUM), BCG is not having a good name in the market. How do you plan to change that? Because of these things, shareholders are anxious. What is your message to all the shareholders who have supported you all these years?

6) What is the update on Lycos deal? Closing the Lycos deal will bring much needed credibility and it will be appreciated by all the shareholders.

7) What is the update on audio ad company acquisition? When will you reveal the name of the target company?

[Sobha]

Please ask a question on disappearance of promoter holding of both skr and Vijay

[admin]

@Logan – Thank you, I have mailed it to IR.

[Logan]

@admin, these are my queries for the AGM. Please review them once and send them to the IR. I’ve not asked about SHP, FA etc because those were answered in the last conference call.

Congratulations to the CEO, management team and all the employees of BCG on a great year and thank you for all your efforts.

Questions

-In the last conference call you said that Brightcom of 2023, 2024 will be different from Brightcom of 2020, 2021, 2022 etc. Can you please explain what will be different and share your future plans?

-In the past you talked about growing the India business of BCG, what plans do you have for that and when can we expect higher growth rates in the standalone business?

-Since we’re at the end of the September quarter, how is the business doing this quarter? Are you going to do better than the guidance? How much free cash flow are you expecting to generate this quarter?

-Are you experiencing the effect of higher interest rates and inflation? Will there be a slowdown in the business in the coming months?

-Update on Audio Ad company acquisition? Why is it taking so much time to announce the deal?

-Update on AI and ML business?

-Now that the MediaMint deal has been reworked, what plans do you have for the backend services business of BCG?

-How much will you be spending for R&D on Quantum Computing?

-Update on Lycos deal with DAUM? When can we expect this to be done and dusted?

-We would like to see an improvement in communications with the investors. We don’t get our mails and phone calls answered and for us to get our queries answered we’ll have to wait for the conference call every time. When can we expect to see improvements in this?

-Finally, looking at the stock price slide and volatility, we shareholders are a little anxious. What is your message to all the shareholders on this? We know that stock prices are not in your control but we would like to hear your thoughts. The company is doing excellently but that is not reflecting in the stock prices.

[VALUEBUYER001]

We shareholders are very much anxious, worried and lost sleep and tranquility. God to help bcg investors

[odysee]

Thank you @Logan for preparing the queries for Admin to forward to IR for the AGM. All very relevant and topical.
I would, however, seek an update on the FA if any further developments have indeed occurred.
It would also be very interesting to learn of the current position of foreign and domestic institutional holdings, as well as new renowned players that may have made an entry or are contemplating doing so.
My policy of not watching the stock price daily has proven to be a complete failure as a monthly glance shaved off a third of my peace of mind.
Logan and VALUEBUYER001, I share your concerns on this matter and am completely bewildered by this unjustified
continuing price erosion.
Nonetheless, hope remains eternal in the human breast🤞

[admin]

Sorry @Logan and others, I could not send the questions as I was down with fever for couple of days and recovering from it.

[Logan]

@admin, these are my queries for the conference call. Please review them once and send them to the IR.

To Mr.Peshwa Acharya,

– Congratulations on a great quarter. We wanted to hear your thoughts on BCG’s India/standalone business and when we can expect to see growth in that business like that of the consolidated business.

– What are your thoughts on how the company is received in the market and being the president of group strategy, what strategic plans do you have currently to improve BCG’s image and change the perception of BCG in the market? In spite of having great business and excellent growth rates, the company’s valuation is not reflecting that and is lagging by a lot. You have been with the company for more than 2 years and you must be knowing which all areas to improve. All the shareholders will be thankful to you and the management if you take steps to improve BCG’s image.

To the CEO, Mr.Suresh Reddy

– Congratulations on a great quarter which exceeded our expectations. The improvement in free cash flow is a healthy and positive sign and we hope to see similar performance in the coming quarters

– In the last conference call you said that Brightcom of 2023, 2024 will be different from Brightcom of 2020, 2021, 2022 etc. Can you please explain what will be different and share your future plans?

– Do you expect to see a slowdown in the business and advertisers cutting their ad budget in the near future because of the macro environment conditions?

– In the last call you said that BCG owns a stake in companies like Boldwin, edgecase, Onomagic etc. Can you reveal the percentage of holding in these companies and how they are related to BCG? Will you be acquiring 100% of these companies? (Boldwin and Onomagic’s businesses look similar to some of BCG’s subsidiaries)

– Does BCG have a stake in companies like Literally Media, MindAd and other companies that are under 44 Ventures’ management?

– Why is it taking so much time to reveal the name of the audio ad company? What’s the update on the final agreement? Is it still in progress?

– What’s the update on Lycos deal with DAUM?

– Update on forensic audit

– Regarding Quantum computing, how much are you spending on R&D?

– In the past you had said that the shares allotted to few investors in 2020 & 2021 would not come to the market but few of these investors like Muskaan Limited and Pankti Commosales have sold all their shares and others like Hansraj, Sahitay and Mangal Commosales have sold part of their holdings. Already the value of BCG eroded a lot in the last 6-8 months and if these investors sell their shares then it’ll bring more supply. What are your thoughts on this?

– Now that the MediaMint deal has been reworked, what plans do you have for the backend operations of BCG?

– Finally, looking at the stock price slide and volatility, we shareholders are a little anxious. What is your message to all the shareholders on this? We know that stock prices are not in your control but we would like to hear your thoughts. The company is doing very well on the business but that is not reflecting in the stock prices.

[admin]

Thanks @Logan. I will be sending the questions today by 8 PM.

[Longplay55]

Thanks a lot @Logan for questionary to SKR, very valid and apt questions on behalf of retailers like us; however I doubt integrity of SKR to answer them in open. If you read SKR correctly, last year, this time he was giving adequate announcements to the Exchanges to in-directly jack-up the price, but now he is keeping silent inspite of such a ‘fantastic’ financial performance. I wish, SKR comes out with truth on SHP and FA issue at the earliest.

[kmr003]

@Admin few more

1. What actions / steps BCG is taking to get fair market valuation , We do not see any reputed DII invested . and BCG is not even  conducting analyst calls. 

2. Mr. Suresh Sir informed BCG organizational restructuring is going  on and will bring global auditors – How much time will this take ? 

3. There is confusion in the Share holding pattern . Morning context has published news on same.
 Can you please give clarifications 

[admin]

Thanks @Logan, @kmr003 – I have sent the questions to IR.

Dear Sir,

Congratulations on a great quarter. Here are the questions for the conference call

To Mr.Peshwa Acharya,

– Congratulations on a great quarter. We wanted to hear your thoughts on BCG’s India/standalone business and when we can expect to see growth in that business like that of the consolidated business.

– What are your thoughts on how the company is received in the market and being the president of group strategy, what strategic plans do you have currently to improve BCG’s image and change the perception of BCG in the market? In spite of having great business and excellent growth rates, the company’s valuation is not reflecting that and is lagging by a lot. You have been with the company for more than 2 years and you must be knowing which all areas to improve. All the shareholders will be thankful to you and the management if you take steps to improve BCG’s image.

To the CEO, Mr.Suresh Reddy

– Congratulations on a great quarter which exceeded our expectations. The improvement in free cash flow is a healthy and positive sign and we hope to see similar performance in the coming quarters

– In the last conference call you said that Brightcom of 2023, 2024 will be different from Brightcom of 2020, 2021, 2022 etc. Can you please explain what will be different and share your future plans?

– Do you expect to see a slowdown in the business and advertisers cutting their ad budget in the near future because of the macro environment conditions?

– In the last call you said that BCG owns a stake in companies like Boldwin, edgecase, Onomagic etc. Can you reveal the percentage of holding in these companies and how they are related to BCG? Will you be acquiring 100% of these companies? (Boldwin and Onomagic’s businesses look similar to some of BCG’s subsidiaries)

– Does BCG have a stake in companies like Literally Media, MindAd and other companies that are under 44 Ventures’ management?

– Why is it taking so much time to reveal the name of the audio ad company? What’s the update on the final agreement? Is it still in progress?

– What’s the update on Lycos deal with DAUM?

– Update on forensic audit

– Regarding Quantum computing, how much are you spending on R&D?

– In the past you had said that the shares allotted to few investors in 2020 & 2021 would not come to the market but few of these investors like Muskaan Limited and Pankti Commosales have sold all their shares and others like Hansraj, Sahitay and Mangal Commosales have sold part of their holdings. Already the value of BCG eroded a lot in the last 6-8 months and if these investors sell their shares then it’ll bring more supply. What are your thoughts on this?

– Now that the MediaMint deal has been reworked, what plans do you have for the backend operations of BCG?

– Finally, looking at the stock price slide and volatility, we shareholders are a little anxious. What is your message to all the shareholders on this? We know that stock prices are not in your control but we would like to hear your thoughts. The company is doing very well on the business but that is not reflecting in the stock prices.

– Any update on the BCG organizational restructuring?

– There is still confusion in the Share holding pattern . Morning context has published news on the same.

Regards,

Admin, brightcominvestors.com

[Logan]

I saw the notification to conference call only now. They should’ve held it sometime in the next week or shared the notification earlier.

If in case they don’t answer our queries then I request callers to not miss asking queries related to these –

– LLPs selling, audio ad company acquisition status, the auditor has shared the remark that subsidiaries haven’t been audited/reviewed by their respective auditors. Please don’t forget to ask these queries.

@admin, these are my queries for the conference call, please review them once and send them to the IR.

To the CFO,

-Update on forensic audit

-The auditor has mentioned that BCG’s subsidiaries aren’t audited/reviewed by their respective auditors. Why have they commented like that and why not get the subs audited like other companies do?

-When are you planning to hold a meet with domestic mutual funds and FIIs?

To the CEO,

-Update on forensic audit

-Is the the company that BCG has plans to start joint venture with is the same company that BCG was trying to acquire?
(Audio ad company)

-The LLPs that were allotted shares in 2020 and 2021 have been dumping their shares in the market and creating not only more supply but also panic in the market as they are selling at a time when there is news like forensic audit and when the company has recorded the highest profit and revenues ever.

Is everything alright at the company or should investors be worried about something that only these LLPs know? If the company is doing so well and if the future is bright then why are they continuously selling their shares?

What if the FPIs who are allotted shares too start selling when their lock in period ends?

-How is the Hygrowth model different from traditional JVs? Won’t BCG invest any capital in these JVs?
What is stopping other companies (big and small) to replicate the same model which causes more competition to BCG?

-Update on Lycos deal with DAUM? You said that there are no challenges in this but why is it taking so much time to close the deal?

-What are the advantages and disadvantages of a decentralised internet? Will it pose a threat to adtech companies?

-Why onomagic and boldwin were started? Their businesses look similar to BCG’s subsidiaries. When will you acquire 100% of these companies?

-Are audienciad and GetMX part of BCG?

-Why is there a lack of information on subsidiaries of BCG like dreamad group, Frontier data management, Dyomo etc? Can you please share more info on these, like their websites, LinkedIn address etc?

[admin]

@Logan – Saw your post just now. I could not send.

[Nikhilraj]

My Hygrowth model
Bought 4000 shares @25 rs investing 1L . Sold 3500 @ 29 (~1L ) . Now I have 500 free shares in demat and 1L cash back to my pocket .All happened in a couple of days .
I suspect the same trick is played by the selfish operators in the last many months ..slow accumulation with out zero investment . Perfect Hygrowth model. Since this model is a brain child of SKR don’t blame me if I belive his connection with operators 😬😬😬

[Author]

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