TODAY BOARD MEETING FOR BRIGHTCOM GROUP Q2 & HY RESULTS

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  • #407
    VALUEBUYER001

    Today the board of directors are meeting to finalise unaudited Q2 results Sept 3019 and for half year ending Sept 2019.let us hope for some good news/ announcement shortly.let us hope for the best

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    #409
    sateanna
    Registered Boarder

    Need some concrete news on Daum/Bank Loans/Pledged shares etc, routine results with topline of 400 crores and bottom line on 100 croes wont help.

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    #410
    108BULLGURU
    Spectator

    Agree with you. Price action suggest that it will
    be the usual story.
    Nothing special to excite.Rest only time will tell.

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    #411
    108BULLGURU
    Spectator

    It is very rare in the market here
    that it wont know the news in advance
    and reflect in stock price.
    Here no excitement reflected in price action.
    So very hard to believe that any decent positive news is coming.
    I am not even expecting LOC granted by a lender.
    If that was the case there would have been some UCS at least to take it to above 5 .They have still been selling the tops since yesterday.
    I would love to be wrong though.

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    #439
    sobha
    Registered Boarder

    Results updated in BSE. Consolidated profit Rs 105.5 crore. EPS 2.21
    stand alone to just profit.

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    #440
    BCG4LongTerm

    36 crores of debt in the balance sheet. That means Axis Bank debt is closed by end of Q2.

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    #441
    BCG4LongTerm

    Correction : That means Axis Bank debt is NOT closed by end of Q2.

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    #442
    MUNIRAJU

    As usual superb result. But no update on any of the pending issues. Management has to come out with clear road map for future plans. Once there is a clear road map, we can see share goes to reasonable value.

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    #443
    sobha
    Registered Boarder

    Axis debt balance is only 16 crore as per the report to last con call

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    #444
    BCG4LongTerm

    36 crores is the actual debt. One-time-settlement was for 11 crores. When they close that 36 crores will go away from the balance sheet.

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    #445
    sobha
    Registered Boarder

    thanks for clarification

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    #446
    VALUEBUYER001
    Registered Boarder

    Results uploaded as seen in a message by black_m in mmb

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    #447
    VALUEBUYER001
    Registered Boarder

    Q2 ,H1 net profit 105 cr, 188 crores

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    #448
    dando

    Operating Cash flows are positive

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    #450
    108BULLGURU
    Spectator

    All these numbers have no meaning.
    Many quarters have come and gone.
    so have the CON calls.
    Will check the details later.

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    #451
    108BULLGURU
    Spectator

    Nothing there in the report.
    Market at the moment is procong the stock correctly as
    per the information it has about the financial health and
    growth,future etc of the company.
    My thinking is HOLD for the ones who have bought it higher
    and or also averaged down their holding price.
    Only very high risk takers or who have the real information about the comapny can enter or add.
    I am not selling my holding.
    But i wont be adding any more till i see the light or
    till government of India investigation on my complaint concludes
    the real situation about
    the health and accuracy of numbers of the company as trust/reliability INDEX of the company is below zero on the scale of 100.
    ZERO OR HERO SCENARIO continues.
    You do what suits your situation and your investment PROFILE/STYLE.

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    #454
    talksense
    Registered Boarder

    Result published in BSE. Inspite of write offs consolidated profit is 105.5 crores. Now sufficient cash flow generated which is awesome. So from result front and cash front a see change, whether it will refelect in share price and its movement is to tested on markets.. my view and understanding is that now everything coming on track… pl experts post their well considered and analysed views.. I am not a expert… ony a common man..

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    #456
    Gchittu

    friends good morning…….what will be the reaction of market , inspite of positive results……….pls update……..with regards…

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    #459
    Shoumik

    I think it should start its uptrend in the coming quarter as soon as the pledged shares are freed and the promoter get those preferred stock

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    #460
    Gchittu

    Shoumik sir……..pls let me know who has to free the pledge share…..is is BCG????…..how promoters get those preferred stock……pls clarify……with regards

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