[acerforce]

Friends, technical analysts.. how low do you expect BCG to fall now? I am expecting between 3.9 to 4.5 or maybe 2.8…
What are your opinions

[Shoumik]

Would love to see it go to its lows to load up the TRAIN.

The up turn have started though, may not come there.

The lows are being tightly packed with concrete to fill the base without any vacuum so that a tall tower can stand on the strong foundation.

Rich shall be those who have in bulk.

NO ONE CAN STOP THE BULK HOLDERS HERE FROM BECOMING SUPER RICH.

Foolish triers don’t waste your time and energies on us. All of it is futile . No amount of negative feed and stories will ever have any impact on us. We are super determined to succeed and success we shall have come what may.

Cheers.

[108BULLGURU]

@Shoumik.
It is nice to come to the board and read all your
optimistic posts.
However history and past is heavily stacked against SKR and BCG..
Some flicker of life and some hope sustains the long ‘
term investors
as the promoter has very heavy stake in it.
If BCG sinks then the promoter and the inheritance for his future generations will sink with it right to the very depths of the ocean.
So just hoping that the promoter fights the fight of his life and turns it around.
Days are numbered either way.
May be weeeks ,months .
Make no mistake about it.
This can’t continue.
PS.
Some of the things that give hope is
1. BCG did burn more than 1000 crores of hard cash due to wrong decisions about which i have written in the past.
2.
1400 crores gone into investments over last 5 years. that may soon turn the ship around by delivering some thing too good.
3.
In the past stock has been 136 0r 156 with 4 rupee EPS and BV of only 20 or so now EP nera 10 and BV 70.It has survived many near death experiences in the past and made new highs.

[Shoumik]

Good morning friends.

A multibagger stock on its way up falls many times, 20 percent is normal and some times can fall upto 50 percent. Past data shows to prove the point.

So this sway in sentiments and fall is all normal as SKR does not want to make the picture clear just yet and let his operators play the game some more and make the stock dance some more.

But eventually when the pre decided curves are met as the dance of the stock price on the symphony of predecided disclosure time of various price sensitive information is
given to the market , beginning from the least important to the most all play out , it will take the stock to create higher tops and higher bottoms and finally deliver multibagger returns on the present stock price of Single digit. So old ones to practice patience and patience will reward.

Let it dance while we continue with our good work of attracting new entrants to attack and capture good quantity and hit the operators where it matters the most.

This stock is a super multibagger. We have figured it out and many many more will figure out with time.

Loading up is the key to success here and will eventually decide where you end up, have a studio apartment or a bunglow.

This is the best and the richest small cap which is a sure shot multibagger.

Cheers.

[108BULLGURU]

No real volume fro m down move 700 to 540. except block deals.
Retail holding their stock very close to their chest
and that is really frustrating the big guys and the operators.

[Shoumik]

Bullguru I am also expecting some block deals of shares ie TRANSFER from one GO enka account another
COME enka account of shares to happen as well.

[108BULLGURU]

well one thing is clear.Retail is not selling and wise ones have added when they got the opportunity.
That is what may have prolonged the drama here
as sharks have not been able to break the will of retail after years.

[sateanna]

How come SKR never added to his own holding, despite the share at rock bottom price ?? Does he have no conviction on his own company..by this time promoter holding should have been close to 70%…currently promoters hold 39% out of which 60% is pledged…another amazing fact of BCG.

[108BULLGURU]

Most of the companies that have bought millions of shars of BCG
are declared financial intermediaries as companies on public sites.
These are holding hundred million shares .
so who owns them in reality.
Have a think.
It is not so simple.
What appears on the surface is not the reality.
Go check these companies like UNO and akg etcetc and what is their business.

[kpal]

One huge buyer comes & buys the stock, All the technical’s goes out of the window into the nearest drain. Technical’s do not hold true for penny stocks, What holds true is Fundamentals, Which will dictate, Moreover at this point of time it very important to note company’s commentary & Guidance which will more or less come in a months time. Also note we never buy a stock for its price but for its intrinsic value because if there is value the stock price will appreciate sooner or latter, It will & It has to match with its earnings, If there is one.

[Shoumik]

Let us put BCG in Perspective with the lights of our markets earlier
Celebrated performers like Havells , Relaxo footwear and Avanti feeds all of which have given multibagger returns to their investors over the years.

1. Relaxo footwear

01.04.2005 Price rs 1.44
10.07.2009 price rs 2.38
15.01.2020 price rs 643

Net profit 175 crores
EPS rs 7.08
Revenues 1175 crores
Book value 48
Profit from operations 341
market cap 16075 crores.

2. Havells

01.04.2005 price rs 6
28.12.2007 price rs 66
20.02.2009 price rs 11
28.06.2009 price rs 788

Net profit 751 crores
EPS rs 12.01
Reserves 4100 crores
Book value 68
Profit firm operations 1223 crores
Market cap 40000 crores

3. Avanti Feeds

01.04.2005 price rs 3.77
01.04.2010 price rs 1.50
03.11.2007 price rs 942
15.01.2020 price rs 643

Net Profit rs 274 crores
EPS rs 8.71
Reserves 1192 crores
Book value 99
Market cap 9500 crores.

4. BCG

25.10.2013 price rs 3
26.09.14 price rs 66
24.10.2019 price rs 2.55

Net Profit rs 444 crores
EPS rs 9.32
Reserves 3169 crores
Book value 69
Market cap 254 crores

So on comparison of these BCG figures with the figures of the other three performers the price and market cap of BCG are not compatible when the other figures are more or less comparable and with time the price performance is bound to happen and the prices of BCG have to become comparable with the other three.

Cheers.

[kpal]

All the three are from different sector/Industry. It would make more sense if it is compared with the likes/peers from its own sector. That would validate that it has the potential to turn around & Would become a multibaggar in the true sense.

[108BULLGURU]

WOW.
Nice.
so my thinking that BCG should be 500-1000 some where for is correct

[kpal]

Certainly Yes, 500-1000 End 2021. Earlier the better for all of us but chances are less but with the our company anything is possible at any given point of time. Mantra Hero or Zero is apt for this stock.

[acerforce]

One big problem is, ( very big )
Net Profit rs 444 crores
EPS rs 9.32
Reserves 3169 crores
Book value 69

these numbers above are unaudited, just what SKR has told to the markets and markets have rejected it straightaway, like get out loser we do not believe you.

Consolidated numbers from overseas subsidiaries are worthless.

[108BULLGURU]

My only thinking is that if all these numbers are totally cooked then how could he buy so many companies and even brightcom Israel and even 100 milion plus USD loan in the past.

[acerforce]

SKR said he is getting overseas business consolidated and will then get BCG audited by Big 4, is there any clarity how much of the consolidation process is completed, which all subsidiaries would be consolidated into what? No, he probably just made up this story.. he says lots more that what is submitted to the exchanges, because he is allowed to bullshit in conference calls, as they have put a disclaimer that in conference call there could be forward looking ( bullshitting) statements and they cannot be held accountable for these.
He never informed the exchanges that consolidation of overseas subsidiaries has even started, but he did informed about the intent to do so. So when intention was informed, then the start of process would as well be, but was not done.

[acerforce]

He could as well be making up numbers and burning these saying he bought so many companies. But who knows how many companies he ( BCG ) actually owns… as for Brightcom Israel, they are independent.

All the activities are out of Indian Audit limits and so he can say anything. He can say he bought google and starts recording google’s profit in BCG reserves, how could one stop him from doing it? Just think…

[sateanna]

Even though the subsidiaries are not being audited by the Indian firm, they surely have to be audited in their respective countries…and the tax they pay could be the only proof that these are genuine. You can take chances with Indian Compliance’s, but not american, Australian, Israeli etc…

[108BULLGURU]

Indian auditors have said every year that they have presented the reports on the basis of signed statements by the management about those foreign subsidiaries.There is no mentio n any where about those subsuidiaries being audited and by whom.
Howver i think SKR did say some thing some where in some conf call that so and so … foreign subsidiaries were already being audited by one of the big fours….Not sure what % .

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