November 30, 2020 at 10:09 am #9483lycos.rags.to.richesRegistered Boarder
Surprised to see the substantial amount of holding held by this groupNovember 30, 2020 at 10:12 am #9484lycos.rags.to.richesRegistered Boarder
We should utilise this to forge better relationship and easy access to managementNovember 30, 2020 at 11:35 am #9485November 30, 2020 at 10:38 pm #9487
Hi all, someone had added additional columns in the sheet. I have deleted those columns. Whoever did so please don’t do that again or at least inform here that you have done so.1+November 30, 2020 at 11:02 pm #9488
Noticed that 6-8 entries which were entered yesterday (last rows) were missing. It might have got deleted or overwritten, hope it was accidental. I have copied them from the back up sheet. I am taking daily back up of the sheet, which is locked for public editing. Will be referring the backup sheet to fix these kind of issues in case the public sheet is tampered. Request everyone to occasionally check your respective entries, once a day to see your details are intact. We can close this process this week and can redo in the next quarter. Thanks all for your participation.4+November 30, 2020 at 11:43 pm #9490December 1, 2020 at 12:23 pm #9491JRSRegistered Boarder
It was I who said to Pressurise the Management.
Kindly don’t take me in wrong sense, by Pressuring I only meant to pressurise management to speed up the process with diplomacy and not by taking harsh steps.
Sir I feel money has a time value, we should respect that value, and no investor should loose that value.
“A justice delayed will be justice denied”, this applies to the justice we give to money also.
I have greatest respect to SKR for the efforts he is putting to improve and grow the business, but I demand an empathy towards investors interest too.
Let me put an analogy to my approach as below.
The last century has seen the freedom Struggle. We all know British brought lot of Development in their business like Railways, Education etc etc, but everything for their vested interest. Our freedom fighters demanded for collective growth,and the demand was in three ways.
1) Moderators: who believed we should cooperate with the government and they will bring the reforms for welfare of all. What was the result the British just took the issue forward giving date on date.
2)Extremists: who used hartals and strikes disturbing the working of government , Result British suppressed them
3)Revolutionist: who used violent attacks, which was easily suppressed by British using their might.
Then came Mahatma Gandhi, who used in between approach of Moderates and extremist, the Non-Violence way, but he kept on Pressuring the government.Finally India became first country to win war using peace as weapon and still we have good relation with Britain.
So My point is Pressuring with diplomacy for cause of good and speed up the process will not break the relation but will lead to welfare of all.
Since it is Public limited company the company should work democratically by taking interest of All and welfare of all.
This is what I believe, but I am ready to go with majority as I believe in democratic approach.December 1, 2020 at 12:30 pm #9492RajRegistered Boarder
Dear Admin, I have a concern here. When we are discussing so many good things about the company and still mcap remains unchanged / not improved. All digi stocks are going up and bcg is still a laggard. What’s the point of discussion, when the CEO is not interested in creating shareholders value. No doubt he will be a good businessman. If things doesn’t sort out by Dec end, there is no point on discussions on this forum. It will look like a paid forum. This forum has been started back an year ago, and the mcap has not done any justice to the shareholders. Heart full thanks to Logan for his inputs. Please don’t take me in a wrong way. Tired Investor.December 1, 2020 at 4:57 pm #9493
@Raj, I get that you are frustrated, like you, we are also frustrated (not just the forum members but each and every investor is frustrated). I don’t understand why you think that we are a paid forum. I felt sad reading your post. I wouldn’t have minded if any person on other platform said that. Also, I don’t get your point on having to stop discussions because there’s no impact on market cap/valuation. We are not having discussions to influence others or to pump up the prices.
It is because of the discussions we had that we have a clear picture on many important things. People were comparing BCG with random IT companies and they didn’t understand the payment cycle of the company. If you see the gap between accounts receivable and payable, you’ll understand the company’s liquidity problems. BCG’s payables are just 100crs whereas the receivables are 970crs and both are way less than the revenues. TTD, Magnite have payables and receivables more than their revenues.
I see BCG having less payables as positive because it shows that BCG is paying publishers, ad agencies, other adtech companies on time. The negative to this is that because you pay every month and get paid after 4 months, you will have less cash on hand. If this forum had not existed then everyone wouldn’t have understood this problem clearly and they simply would’ve said there’s something wrong with the company. IT companies don’t have this problem. This is just one example, like this we have discussed on many other topics and we have cleared our doubts.
Many investors meet the CEO and only a few people in WhatsApp and Telegram groups would know the details about it, but what about other investors who are not part of any group?
Our forum members met with the CEO and they shared with us whatever was discussed there. If not for this forum we wouldn’t have known the details of the discussion with the CEO. Thanks to them, all the investors who follow the forum got clarity on many topics.
There will be an impact on the price only if there are material developments. Whatever we discuss here won’t have any impact on the price and in fact I don’t want our discussions to have any impact on the price. I just want investors to understand the reality.December 1, 2020 at 5:22 pm #9494Rathi_bRegistered Boarder
Logan, man what else can we do, ask for one more meet? What would be the output is anyone’s guess. But I should tell you my patience will runout after AGM. We need to a new approach if the management doesn’t inculcate our burdens in their considerations. Just be patient till AGM. Just be something big might happen fingers crossed.December 1, 2020 at 5:26 pm #9495
@JRS – Thanks for explaining it. Now it is clear what you meant by presurring, otherwise it was confusing. I fully agree with you, we have to maintain relationship diplomatically, yet keeping aware of our rights.
@Raj, yes we cannot go on like this forvever. We can press our demands with the management if there is no substantial improvements in the ground (resolving issues not share price), say even after March 2021. I do not agree with whatever you wrote and have same thoughts as Logan.December 2, 2020 at 11:13 am #9512
Awwww, looks like crybaby started crying again. Feel sorry for his pathetic state of mind. Can’t even write a single post without attacking other investors.
Yes diehard fans are many but there’s only one single unique crybaby who’s so talented and logical that he holds fellow investors responsible for management’s actions.1+December 2, 2020 at 2:11 pm #9513
I want to make few things clear.
There are people who try to divide us by constantly saying nonsense things about this forum. We all have different opinions on many topics related to the company. Sometimes we’ll be biased and sometimes we won’t be. There’s nothing wrong in being biased, it’s our hard earned money. We are not sharing any fake news here or we are not recommending anyone to buy BCG’s shares. Also we are not forcing anyone to agree with us. If they don’t like something then they should ignore it.
Some people are so childish that they can’t live without criticizing others, they can’t tolerate others having meaningful discussions and they will attack you constantly for not agreeing with their views.
Some people think that attacking the CEO everytime will bring positive changes. It’s their view and their right and they can do whatever they want but I object to it whenever they try to force it on everyone. I have a different view and my approach is less aggressive. If the CEO doesn’t execute things that he says then obviously we have to put more pressure on him but I don’t see the point in attacking the CEO in each and every post that we write.
Obviously the CEO took few bad decisions and no one (including him) denies that. What can we do about it now? Can we change the past? It can never happen. We as investors should look at whether he has improved or not. If he hasn’t then we should force him to improve. Always criticizing him on his past mistakes won’t bring any glory to us.
Also, being mature investors, if we have any problem with the company/CEO/management, we should deal with them directly. There are people who attack fellow investors instead of dealing with the CEO or the management.
Some people don’t respect other investors and they always try to force their views on us. It’s their decision that they bought BCG’s shares, no one forced them to buy and when they are in losses, they won’t blame themselves for buying and instead they blame everyone else. We can understand if they blame the CEO but I seriously can’t understand their logic when they blame and attack other investors.December 3, 2020 at 12:02 pm #9521
This is to the fake Saul_Gudman id in MMB.
Dude fake Saul Goodman, I’ve been observing you since many months and till now I’ve neglected you but my patience is running thin. Get ready to face police action. If you continue to peddle fake information about me then I’ll surely take legal actions against you.
Others will neglect people like you but I’m not like the others. If you continue to do like this I know what to do.December 3, 2020 at 1:37 pm #9522Rathi_bRegistered Boarder
Finally day of acknowledgement. Should say you put a lid on it too long my friend. Was expecting this a little earlier. And I’ll cosign with you on it. It’s always been a privilege to be here and have good polite sometimes disagreement with you( something they are missing and do not know the value of).December 3, 2020 at 4:00 pm #9523
@Rathi_b, unfortuantely we don’t know what to discuss here. Maybe we should be like them and we should constantly attack other investors.
We are so dumb that while comparing with Affle (or any other company) we look at assets, revenues, profits and other things. That approach is very wrong. We should only look at market value and decide everything. If Affle has higher market cap than BCG then we should immediately stop comparing with Affle. We should not check how old a company is or we shouldn’t even consider BCG’s growth when it was younger/smaller.
We shouldn’t even ask questions to the CEO, we should ask other investors. If something wrong happens then we should hold other investors responsible.
You and other investors wasted your time by meeting the CEO. You shouldn’t have taken the risk during this COVID-19 times, you would’ve got more clarity if you just attacked the CEO and mocked other investors.
Me, you, the admin, forum members and all the other investors are wasting our time ,and everyone’s time, by discussing topics related to the company. All of our problems will go away if we attack investors.December 3, 2020 at 6:23 pm #9524
Till now I thought the reasons for the fall/crash in stock price was because of various factors like the management’s decisions, India debt, pledged shares, Daum etc but now I’ve changed my mind. I know the truth now. I wasted everyone’s time all this time. I seriously apologise for being so dumb. I talked about nonsense things like business, operations, cash flow problems, receivable/payable gap etc.
The only reason the stock price crashed is because of BCG’s investors. How dare these investors compare BCG with companies like Affle, Magnite and TTD, they should simply sit and attack other investors.
I don’t know what these investors get by comparing BCG’s accounts receivable and payable with adtech companies like TTD, Magnite etc. Only fools will do that. It’s because we compare these things the price crashed. We should only compare the market cap.
How dare these investors show respect to the CEO when they talk to him? They should just attack him, that’s it and how dare they ask silly questions on topics like business, Axis, Daum etc? They should only tell him that he destroyed shareholders wealth all the time. From now on wards, I’ll ask only one question to the CEO- why did you destroy shareholders wealth? That’s it, all the other questions are irrelevant. We’ll get solutions to all the problems and the price will go up like crazy.
How dare these investors share useful information on this blog. I think from today onwards this blog should be named “I hate Suresh Reddy Blog”. In each and every post, we should attack other investors.
The CEO thinks he knows about adtech industry more than genius crybaby, actually he doesn’t know a damn thing. Only genius crybaby knows everything. He will just say TTD and Affle grew more but won’t say how BCG could grow more. I request everyone to remove Mr Reddy as CEO and appoint crybaby as the CEO. Thankfully the AGM is in the coming days and we should appoint crybaby as CEO ASAP.
He’ll make BCG so famous that instead of concentrating on running the company, he’ll attack BCG’s clients, employees etc. By doing this, BCG will become number one company in the world. It’ll throw even Google, Facebook, Amazon etc out of business. He won’t invest in technologies like AI&ML and he’ll keep whining about Lycos Life etc.
I don’t understand why we didn’t repeat CEO destroyed shareholders wealth all the time. The market cap would be in billions if we had done that. We should attack other investors all the time. Don’t worry we won’t run out of investors to blame, once genius crybaby becomes the CEO, all the investors in the world will be fighting one another to buy BCG’s shares.December 3, 2020 at 7:15 pm #9525
Tomorrow after the board meeting, if crybaby doesn’t like the outcome then he’ll comment like this:
It is because of blind and loyal followers that the CEO took this decision. It’s because of these blind followers that the price is low and because of them the business is also not improving. Then obliviously he’ll write about Lycos Life, Apollo Lycos, AI&ML. Then he’ll mention CEO destroyed shareholders wealth. Of course he will say Affle is better than BCG.
This whining crybaby can write whatever he wants and he can repeat the same thing again and again but he has problems if other investors talk about the company. One word – Genius.1+December 3, 2020 at 11:29 pm #9526whity3187Registered Boarder
Hi, I am a new investor to BCG. Did anyone notice huge delivery volumes in the counter these days?
Attachments:0December 3, 2020 at 11:30 pm #9528
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