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108BULLGURUSpectator
Investoras should realize that this low volume LCS for so many days was created by the goons
tyo facilitate the deal at certain level for certain parties.
all a game.
every thing else is intact.
Who was lucky to load up today0108BULLGURUSpectatorAll the drama happening in cordination with the appropriate prties to facilitate bulk deals at specific levels
0108BULLGURUSpectatorDoes any one know or remember how many days
companies usually give for a ballot on rights or similar offers.
I think 1 months is a v v long time.Just 7-10 days is usual practice
as far as my memory goes.0108BULLGURUSpectatorIt is purely technical supprted by experience of many decades in the markets and following technicals.
More over operators and big wigs are in sink
and BCG has been a leaky boat
offering great advantage to the operatos. U can check the 5 yr chart and see
news flow followed the chart and price action.
When 7.50 is taken out aggressively means allclear from all sides.
wink wink wink0108BULLGURUSpectatorI dont think it is the job of unqualified individual investors to sell/promote a stock to the investors.
It is for the company and its management to talk to the market and show their goods and promote it.
Numbers/ performance speaks for itself.
When that happens BCG will sell.
BCG is a totally flea infested stock at the moment. Dont be in denial.It can change .But we can say that when it has.
Don’t get me wrong though . I still got near 2 million shares.However it is still a zero or hero scenario. It will change when it will change.
Worth of what SKR says in the eyes of the markets is less than few paisa at the moment.
If it changes and when it changes U will know it .
I cant chnage my habit. I only tell the truth the way i see it.
I am comfortable suggesting it as a buy with buy stop at 7.50.
Thtas it.
As a long term investor who have suffered a lot or has been able to average down, iam holding.0108BULLGURUSpectatorI think we all start seeing ghosts for nothing.
so many days to go through for ballot.
Let us be patient.
I think he is the buyer / no one else.
I think best way is to put a buy order on stop at 7.50
VALID TILL CANCELLED OR GOOD TILL CANCELLED whatever ones trading platform has.
So no need to think.
If it hits 7.50 means it is all over for bears
and TREND CHABGE THERE.
SO one can stop agonising about every tthing else.
This in my very experienced views of decades could be a much better strategy..0108BULLGURUSpectatornow some very simple thinking.
see some one wrote here that cash in the books of subsidiaries alonme is 500 crores.
This cash i presume is needed for day to day operations. Then we have around 900 crores of pending receivables.
If all those receivables were good enough
this alone adds up to 1400 crores. say 1500 crores which after diltution comes to 30 rupee per share.
AFFLE SELLS FOR 1700 RUPPEEE AGAINST bv of 29 rupee.
So this alone should put BCG at above 1500 rupee. People telling 5000 may not be so insane after all.
My thinking is theere could be too muchj value hidden in the company.
Promoters just looking to clean the plate and take as much as they can.
It is a leaky boat for sure as U can see from price behaviour.Operators market makers exactly know well before time what the management move is going to be.They knew this ballot news will be delayed so they put it into lc in advance.Earleur when it crossed 7 they sold it off the same day revrsingUC to LC. So the y are working in tandem with the big guys at….
I think it will be a steal if one can get in on breakout at 7.50.
The day that happens menas operators have been told mo more selling and get in we are taking off.
Reverse of it all, do you think it is another SATYAM?
I have tested it on many yardsticks and the answer keeps coming no.
But so was Satyam till it did what it did.0108BULLGURUSpectatorheight of bastardry i think.
There is a time plan.Every thing is settled.
But nothing settled for investors like you and me who are struggling in the dark.
There is no end to human greed.
Let the prefrntl rights offer be over and then U will know the facts and understand my message.
Why this issue was not a rights offer for all shareholders and only a rights ALLOTMENT PREFERENTIAL FOR SELECT INDIVIDUALS OR COMAPNIES ETC.. ETC..
jUST THINK ABOUT IT. WILL BE WISE TO KEEP LOADING UP AS MUCH AS YOU CAN.
Thats all my sixth sense as well as common sense tells me.Not with a short term view but with a 2 -3 years view to make life changing gains.It can happen in few months too but ….0108BULLGURUSpectatorThe sole reason to delay the preferential issue i think was also to time it with all the turn around of BCG and also the Daum and bank issues.
so no sooner prerntl rights offer is over, all good things will be out one after the other and it will be like a riot in the market for buyinbg BCG stock.It is crystal clear.
Market makers looks like have been instructed to sacrifice few shares and keep it low to get the rights offers ballot out of the way.
Time to be brave . We can buy at below 7 and the promoter is paying 10. Tells every thing.0108BULLGURUSpectatorSKR said In June -July 2019 ANN that an agreemenet has been reached with Daum but nothing put in writing.Long time . 5 mobnths already gone. so we are told the truth or lies we dont know.
It is reflected in the price. Market is hopeful and in waiting mode.Stock parked below 7 rupee to become a rocket and go past 750 like a hot knofe through butter and then 20-23 if and when Daum news is finally declared to the market.Looks like some one wants to pocket it all without any noise and opposition for pea nuts and then come with Daum ANNCMNT. Otherwise stock will be in UC till 50-70 zone and shareholders will resent giving away BCG stock for free at 10. That is the real story.Anyway i added in 2 lots today..Just being greedy.Greed is goosd some time0108BULLGURUSpectatorwell friends a flash just came in my mind.
which tells me that SKR istrying to tie some loose ends
before putting the fianl voting document out to the shareholders about the prefrntl allttmnt.
It could be any thing.
NOC fron banks, LOC, Daum settlement.
Too many things.
too many fires he is fighting i think.
So waiting mode on.0108BULLGURUSpectatorI think you may be stretching it too far.
Let us wait now for any announcement before Dec 2019 numbers and con call in Feb 2020 .
Just hanging in there friends.
7.50 will be a good stop level for me to put a buy order.
Any one entering and adding can keep that in mind.0IOf one wants to play safe,
one can buy or add at these levels to begib with.
1.
On breakout at 7.50.
2. Above 12 rupee.
3. Above 23 rupee.
Then one pays the price of playing safe and taking less risk.
Less risk less reward.
Those who are in long term have no choice but to hold as they have waited for so long.
Those who are out or want to add, it is just a question of trust faith.If U have that then go for it.I would think that having a short term view here can be disastrous.0108BULLGURUSpectatorThere was no need to create a panic in this vaccum. BCG can still come with the details of prefrntl alltmnt offer any time. still long time .
people react for nothing due to past experience.0108BULLGURUSpectatora bit more again second loading
0108BULLGURUSpectatorwell friends . just added a bit more
0108BULLGURUSpectatorjust another attempt to create panic and get soem cheap shares from scared investrors. shameful
0108BULLGURUSpectatorcould be that SKR was abroad trying to close it fianlly with Daum and sign it up
before making this detail out re prefrntl allotmnt0You should write to the company and ask them.
0108BULLGURUSpectatorI dont see why it should tank if there is no announcement in relation to PREFRTL ALLOTTMENT.
If that happens then who knows, LOC may have come in, Daum settled and internal accruals lined up from 900 crores of receivables. So no cash from preferential issue needed.
Let us not pre judge and go into panic mode for no reason and not start seeing ghosts ….and committ financial suicide by taking drastic action and repent later.0 -
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