September 2, 2020 at 5:00 pm #8192LoganRegistered BoarderSeptember 2, 2020 at 5:06 pm #8193
Expertbeggar says that Oak knew something about BCG that’s why it exited BCG but that guy doesn’t even know that Oak is closing down its fund, no matter what it has to sell all it’s shares in companies that it has invested.
If Oak knew there was something bad in BCG then it’s management wouldn’t have waited till the closing of the fund to sell BCG shares, they would’ve done it long back.
That guy doesn’t know a thing about BCG but talks as if he knows everything. Instead of talking nonsense let him share any important information then anyone can take him seriously.September 2, 2020 at 5:08 pm #8194
He was not present when BCG was in upper circuit but suddenly when the price fell he came back again, this clearly shows his intentions. I don’t know what’s his agenda, he doesn’t know a thing about fundamentals.
Next he’ll say mutual funds, jhunjhuns, auditors etc etc that’s all. He doesn’t know anything more than that.September 2, 2020 at 6:06 pm #8195
Just curious: why no one is noticing this beggarwala, manipulatorwalla, trader/speculatorwalla kindly note this expertbeggar is begging all the time for so long, throw him how much ever paisas as you can.
He doesn’t have a clue about the company and fundamentals in general so he should stop bringing nonsense topics. If he has useful information then he should share, he should stop his attempts to manipulate other people’s sentiment. Till now he hasn’t shared any useful information.September 2, 2020 at 9:22 pm #8197odyseeRegistered Boarder
@Logan, the only agenda for expertbeggar is to sow negative seeds for BCG in whichever way possible.
There is absolutely no other purpose for his even being on the Moneycontrol board, day in and day out with his negative chants except to somehow generate this fear psychosis in the minds of retail investors that investing in this company would be a disaster. Hence, why would he talk facts and figures, when his real agenda is so transparently clear? And how is he permitted to get away with it? Operators who play this stock appear to have the upper hand at the moment. And you have suggested that any positive news that may propel the stock upward is likely to be countered by aggressive operator selling to bring it back to single digits again. So the million dollar question is how do we defeat this unsavoury lot and their machinations, to enable us to finally see a fair market price? Patiently we wait for that tomorrow which never comes. Something has to give-either expertbeggar and his cohorts are barred by the Moneycontrol lot or SKR needs to come up with some serious bazooka action to transcend this madness.September 2, 2020 at 10:08 pm #8198tanv151Registered Boarder
@odysee I agree with you. As long term retail investors unfortunately we are at the mercy of SKR to expedite the closure of outstanding issues and operators to stop exploiting the limitations of retails investors, more important SKR’s inability to communicate effectively with the market/shareholders across all aspects.
The only way to stop all this game, is SKR close Axis loan and Daum case immediately, which should attract renewed interest in the scrip and get big investors who’s hunger to accumulate a large number shares will keep the operators on check. They are able to play all this game for so long only because the issues are still outstanding and they use it to go short at will as they know retail investors’ pockets are not deep enough to counter their move.
Axis case hearing happened yesterday and we have still not received any updates from the BCG management. All we can do is keep refreshing NCLT website, sadly.September 3, 2020 at 1:41 am #8201
@odysee, you are absolutely right, we can’t expect them to talk about facts.
Our market is made up of people who know nothing but they comment as if they know everything and many investors follow those people’s advice.
For the company to gain recognition, trust is the most important factor, BCG’s management lost it with investors years ago and gaining it back is very important and also very difficult. Many operators exploit this and they manipulate people’s sentiment.
There are many ways to gain back the trust. The company needs to appoint someone with more market experience on board, he/she will know how to handle market related activities and also know how to communicate with the investors. No offence to Mr.Reddy but he’s not good at that and investors have suffered because of that.
Taking the impairment of assets for example, the management mentioned that they wrote off 800+ crores. Any CEO who has years of experience in market would immediately give presentation on the impairment but Mr.Reddy waited few days to give explanation, the presentation was good but the impairment news already had done the damage and obviously only current investors will follow the company’s notifications. They should have given a presentation on impairment along with the results so that everyone will get to know properly.
Many people (investors and non-investors) will be following the company and they focus more on results than on any other presentation so when they see the impairment information they’ll obviously think something bad has happened but if they see the presentation of asset impairment along with the results then there won’t be any panic.
The CEO and the management unknowingly are creating unnecessary panic. They have good intentions but they don’t know how to communicate with the investors. Its so easy to fix yet they are not doing it.September 3, 2020 at 1:42 am #8202
All the subsidiaries of BCG are audited and we need not worry about that. Some people just to create panic will say nonsense things but we should not worry about them. The parent company auditor says that they have not audited the subsidiaries numbers but they never have mentioned that the subsidiaries numbers aren’t audited and if SEBI knows there’s something wrong then obviously they’ll take strict actions.
If there were no outstanding issues then we need not worry much about auditors but for more recognition and for stability in stock prices the company can (and should) appoint a Big 4 or BDO Global as auditors for the parent company.
We know that EY audits BCG’s Israeli subsidiary (Online Media Solutions) and the management has nothing to hide but appointing a Big 4 will bring more trust and credibility. If the outstanding issues are resolved and if the company can afford a Big 4 then the management should do it, they can skip dividend till cash flows improve and instead of giving dividend they can use that amount to appoint a renowned auditor, if they do that then in one shot they can shut many naysayers.
(It’s like advertisements, people will buy a product if it is endorsed by a celebrity but they won’t buy the same product if any random person endorses it)
Callers in the conference call should ask and give these suggestions (there are still many more and I’ve mentioned in the questions to be asked in the last conference call) some people ask unwanted and repeated questions and waste everyone’s time.September 4, 2020 at 4:03 pm #8226
It will be interesting to see live telecast of begging by expertbeggar. We all will get better insights about his knowledge.
Before talking about some other person’s abilities he should be worried about his own. He doesn’t have a clue about fundamentals and only knows begging.3+September 4, 2020 at 4:37 pm #8227
Expertbeggar doesn’t even know what FII stands for. He thinks akg, uno etc are FIIs. He himself is exposing his lack of knowledge to us. Very funny and to be honest very dumb. I pity those people who actually take him seriously.
His agenda is to create unnecessary negativity around Brightcom but looking at his messages people will get to know about his abilities and they’ll start making fun of him. He’s still not understading that.7+September 5, 2020 at 3:23 pm #8235
Very positive for all dreamers in my view is that expertbeggar works without any salary (he gets all the money, mostly paisas, from begging).
He doesn’t even know that all the companies don’t report salaries taken by people working for a subsidiary.
I don’t understand why he’s so desparate on BCG, such a big clown he is, doesn’t even know what fundamentals are but always tries to manipulate other people’s sentiment.September 5, 2020 at 9:28 pm #8239
Expertbeggar always talks about paisa, still he hasn’t upgraded yet, instead of talking about fundamentals he keeps on begging, I’ve never seen someone so desparate.
His pockets must be filled with paisas which he got from begging.September 6, 2020 at 7:44 pm #8244Ian BidenRegistered Boarder
Dear Logan, the current situation makes his rants sound genuine to a new investor, why else would he be there mmb posting his stuck record messages. The day the management focuses on taking the stock price up to respectable levels which I feel is minimum 50 to 70 levels he will disappear. No smoke without fire and no stones pelted if one lives in a glass house . The management and Suresh in particular should be aware of this fact an act on it. This guy you speak of has seen dates being given and fulfilled too but it never had any impact on the stock price, I’d say it mostly went the opposite way when good news came. So instead of wasting our energy on such negative guys we must use the same on the guy who can change the game being played. No prizes for guessing who that is. At times I too get VERY VERY FRUSTRATED and I’m sure many here do. But then one can take the horse to the water but can’t force it to drink. So while we think we have the solution only one guy can implement it. AND THATS THE FACTSeptember 6, 2020 at 9:43 pm #8246
@ian-biden, you are 100% right but at the same time there are many confusions about the company too. I have invested in other companies too but investors in those companies don’t have this much confusion so we have to clear as many confusions we can.
That person started calling investors in BCG as beggars and then he started spreading the rumor saying BCG is a shell company and it will get delisted etc and many investors believed that. If you remember in the recent conference call one person asked the CEO if the numbers are genuine or fake, I don’t understand how people can ask such silly questions to the CEO. This shows that many people still don’t understand many things properly and people on MMB took advantage of those things and played with people’s emotions.
All the numbers are audited and the CEO is not a fool to publish fake numbers that too when there’s so much scrutiny but still people have confusions. If NCLT or Axis knew that BCG is reporting fake numbers then authorities will immediately arrest the CEO but that has not happened at all which shows there’s nothing wrong with the company (Axis’ lawyers will go through everything about the company and if they found something they’d have reported it by now).
These days there are fewer confusions about numbers but people have concerns about the outstanding issues and after clearing them the naysayers won’t have anything to talk about.
That person on MMB can’t talk about fundamentals so brings irrelevant topics, he talks about board members of parent company but he nowhere mentions the board of advisors of the whole business. He somehow wants to create negativity around BCG and he’s very desperate too. If we let him say nonsense things then there’ll be more confusions about BCG which later will become big concerns.
Mosquito is very small but it is the most dangerous animal on the planet, it kills more people than sharks, snakes etc so if we neglect people like him then they’ll cause bigger problems later.September 8, 2020 at 1:17 pm #8259
How diehard critic’s psychology works… Wonderful to observe… When issue with daum they feel the forum members should criticize the CEO, when it is with Axis Bank they feel we should just blame the management.
Nobody here in the forum said BCG did the right thing in delaying the payment to banks, we said asking 3 times more is jealous, we never said Axis should not impose penalty.
I don’t know why he holds forum members liable for daum and Axis Bank, we share our opinions but that doesn’t mean our opinions are right.
On company is not posting growth they know just to blame the CEO without reading about other companies in the industry and they compare only to younger companies like TTD and Affle.
Even after the company provides details on impairment they just want to continue ranting about the company.
No one in this forum said share price is down because of MMB, how dumb do they think we are?
In India there are people who understand the business properly but not many understood when the company came to the market (even now on many websites they report BCG as an IT company and investors get confused looking at that).
You see the common point, when you want to criticize a person, you will end up creating a logic, may even they are realising it…. How the unconscious mind works. I also hope one day they understand it.September 8, 2020 at 1:27 pm #8260
I don’t know why diehard critic is so obsessed with this forum, we have not mentioned anything about him but why he is so interested in what we discuss?
Diehard critic should understand that like him we are also frustrated about the fall in stock price.
All investors are mature enough to understand the reality, they read everything and come to conclusion only after understading the facts, just because I write something doesn’t mean it’s always right. People understand what to take and not to take.
Instead of asking the CEO or the management he comes to us and asks questions and when he doesn’t like what we say he says we are diehard fans.
Nobody stopped diehard critic to ask questions in the conference call, in fact we appointed him to ask the questions but he didn’t get a chance so how can that be our problem?
Now also he has the opportunity to ask questions in the conference call so he should focus on that, nobody will stop him if he asks the questions that he has.
Instead of concentrating on what we write here, he should concentrate on what he should ask the CEO.
I’ll end at this.September 9, 2020 at 2:55 pm #8273
Expertbeggar can’t tolerate BCG posting good results, he’s so desparate to bring negativity back.
He’s saying BCG is showing all profits in foreign countries to avoid paying taxes . I don’t understand how dumb he is. It’s clearly mentioned that for 2020 BCG paid 190 crores in taxes and in 2019 it was 165 crores. This quarter the tax expenses are 37 crores. The CEO is not a fool to report wrong information.
Everyone knows BCG is not focusing on software business, even the CEO has told us the same, but here this guy comes up and pretends to know everything and tries to manipulate other people’s sentiments.
I don’t understand what he gets from it, he’s just exposing his lack of knowledge on all subjects. I’ve never seen someone so desparate.September 9, 2020 at 5:13 pm #8278Rathi_bRegistered Boarder
3+September 14, 2020 at 1:03 pm #8350
He is a shorter I am sure now.
What is expertbeggar’s rank in begging list? Is there any award for desparate begging?
Will he get extra points if he increases his intensity when the price falls? Why is no one talking about this? In my view this is very awesome. Someone who doesn’t have shame and begs desperately deserves top rankings.5+September 14, 2020 at 3:26 pm #8353
Expertbeggar’s desparation increases as more positive developments happen with the company. He gets only paisas when he begs so he always says paisa paisa.
My question is why is he so hell bent on changing the sentiment? Shameless guy doesn’t even know what fundamentals are but talks as if he knows everything. I feel sad for people who take him seriously.6+
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