[108BULLGURU]

I suspect that once prefrntl allttmnt duocument isout
it will be hard to get in.
That will happen any tinme first week of Jan 2020.
Looking forward to it
as management cant say it is coming with the issue just for the sake of it.
So any valid reason will act as rocket fuel
ending dog days of BCG shares.
Let us see how wise management turns out to be.
Telangana governement announciong 2020 as year of AI and BCG entering into that also signals some interesting developements if one adds 2 + 2.

[108BULLGURU]

down move and no volume. mainly market makers/operators supplying small small sell volume in stacked manner.

[108BULLGURU]

If that circuit revison news to 20% turns out to be correct then i think we should get ready for big jump.
Lid will be really blown off of the resiatnce and we dont know how many those who sold are going to blown away with it and stay out for ever.
This has been an enigma of a stock to decipher but could be its time to run real hard.

[108BULLGURU]

It could be part payment or it could be for settlement of bank dues.
If all loans are paid off
then that also may set the scenee for lOC of 100 million USD.
Is trhe message on MC MSG BRD re circuit limit being lifted from 5 to 20% from coming Mondya or it is just a speculation?

[108BULLGURU]

In the document re preferential allottment they will announce the purpose of this issue.
What happens if they say it is
to pay Daum and settle th e issue.
Then one has no chance of getting in at all for weeks and weks if not months.
Just imagine that possibility.

[108BULLGURU]

Look at the volume today.
Lot of down pushes were mde and keeps bouncing back towards this important restnc zone.
Once broken.
then oh my my…
U know what happens.

[108BULLGURU]

If Daum is settled ,one of the big 4 is appointed as auditors and consolidated numbers by 1 of the big four are presented for 2019-20 finncl yr,we gat one big shareholder with big international name by March-april 2020 end,
THEN MARKET will start comparing it with AFFLE and start thinking about BCG very very seriously.
Just my thoughts.
U do what U need to do. then
by

[108BULLGURU]

Any day it closes above 7.50 then will be hard to catch before 11-12.

[108BULLGURU]

This is your time. Rob the market maker. They want to keep it artificially low here.
Tale awaya what u CAN off their hands.

[108BULLGURU]

sell order at 6.90 is just to create pressure and stop it form going up.
They pinged my lower buy order with a small sell and quickly took away sell orders at loewr price.I gto a very small fill atlower price..They go t their match here testing them and probing them. They do not want the price to go up but they do not wnat to sell too much of stock as they wont get it back at this price.

[108BULLGURU]

Market makers know that
if it closes in UC today then we will have UC tomorrow too and they will be slaughtered.
They will after that have no control over the price.
They are trying to keep the lid on but finding it hard.

[108BULLGURU]

no real market today so far. Just market makers doing match m,aking.
If U put just one decent buy order it will straight end up in UC.
So time to be careful and not to be thrown out of your cushy seat with the unnatural market noise.
Look at the depth. just small small sell orders put by market makers.
Gives a chance to get in if one is still out or add up. But only small quantity will be made avai;lable by market makers.Say if i want to buy 20-30 -50-100 K. in a blink it will hit UC and stay there the whole day.

[108BULLGURU]

One of MC friend THERE kept on asking me at least 20 times to buy refex.
I did not.
WOW.

[108BULLGURU]

The following message appeared when stock was selling at or below 3 rupee.
Many BCG investors have lost a lot of money and time,not to mention many good opportunities in this big bull run due to being caught in BCG.
There is lot of conflicting information available about brightcom in public domain and a common investor struggles to make out what is right or wrong and what he should do.
I think if i was still out of BCG i would buy it with a higher probability of turning out to be a hero rather than going to zero. Current market price for me is a very good level and it is highly likely that we may never ever see lows significantly below 3 or even current price.
I still think promoter management knows lot more than what we know about BCG and it is a sink or swim situation for the company and time is very limited. so i expect a turnaround in coming few months….. FINALLY.
I wont wait to pull the trigger for buy button here as not doing so could be a life long regret if it becomes a multibagger with risk of just 3 rupee per share if at all.

[108BULLGURU]

Another thing to keep in mind is that SKR said he will find a buyer for two major shreholders who were holding 12-14% .
He tried for 1 yr or so but fialed and the stock was dumped in the market.
U can read whatever u want into it.Was it that no one was interested in buying BCG then at that price.It would appear that way to me.Have things changed now?
Well i dont know. We will know when we find out who is getting preferential buy for this 5-7% of stock.

[108BULLGURU]

Have a good read of this message ,
if you missed it before.Bit busy,
More later.
I know we all
as investors and many of us long suffering investors
want the stock to go up.
However in the process i will remind the need to continue to be objective
and not be swayed by emotions
and not like or dislike some one or some message because it does not suit our thinking or position or opinion. We are all invested in this stock to make money or for some to minimise our losses.
Only thing for me at the moment i can say to fall back upon REALISTICALLY SPEAKING
is HOPE.
We can all have our reasons but then try to test them on the yard stick of logic and see where they stand.
Yes things change .Companies change,Mangements performance change.
Promises are fulfilled or broken.
Waiting mode on for last 5 years..
How much longer now…..
I dont have an answer for you.
I wish i had one as i dont have an evidence to support my reasoning except hope and
…..rest you know..
I also think that the preferrential issue coming now means LOC delayed and attempts to get it so far unsuccessful.What does it tell?Or will it be a real attempt to bring in a gr8 investor with a big name or an attempt by the promoters to increase their stake cheaply. or just pay off Daum to suign the closure soon rather than waiting for internal accruals and or LOC to come.or will it be Daum that gets 5% of preferrential stock at 10 for signing to close the case and also get a seat on the board and then BCG sharing things with the KAKO in Soth Korea on other fronts and expanding in a big way.Your guess is as good as mine.
I do think though that nothing good will happen, no gr8 news will come out and no news will have a positive effect as desired till Daum is legally sealed and signed.
However do know that i have never EVER sold a single share from my holding.

[108BULLGURU]

Well dear market acknowledges that effort
and really marked the price below 3 rupee
for that effort when reserves have gone up so so much.
Nothing personal dear against you or SKR..
Facts are facts.
Re SKR leaving this company ,it is sink or swim for him as it is his baby.
I have also pointed out in the past how wrong decisions by management has directly cost the company more than 1000 crores in hard cash to be blown and how tenof thousands of market cap has been destroyed due to fall in stock price, missed opportunity etc etc..
Enjoy your weekend.

[108BULLGURU]

I know we all
as investors and many of us long suffering investors
want the stock to go up.
However in the process i will remind the need to continue to be objective
and not be swayed by emotions
and not like or dislike some one or some message because it does not suit our thinking or position or opinion. We are all invested in this stock to make money or for some to minimise our losses.
Only thing for me at the moment i can say to fall back upon REALISTICALLY SPEAKING
is HOPE.
We can all have our reasons but then try to test them on the yard stick of logic and see where they stand.
Yes things change .Companies change,Mangements performance change.
Promises are fulfilled or broken.
Waiting mode on for last 5 years..
How much longer now…..
I dont have an answer for you.
I wish i had one as i dont have an evidence to support my reasoning except hope and
…..rest you know..
I also think that the preferrential issue coming now means LOC delayed and attempts to get it so far unsuccessful.What does it tell?Or will it be a real attempt to bring in a gr8 investor with a big name or an attempt by the promoters to increase their stake cheaply. or just pay off Daum to suign the closure soon rather than waiting for internal accruals and or LOC to come.or will it be Daum that gets 5% of preferrential stock at 10 for signing to close the case and also get a seat on the board and then BCG sharing things with the KAKO in Soth Korea on other fronts and expanding in a big way.Your guess is as good as mine.
I do think though that nothing good will happen, no gr8 news will come out and no news will have a positive effect as desired till Daum is legally sealed and signed.
However do know that i have never EVER sold a single share from my holding.

[108BULLGURU]

“The details of the potential investors will be circulated to exchanges and shareholders for final approval before the said issuance.”

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=81c7453b-14da-4216-a71e-4ad946864553

Where are the details, oh man this is crazy and not so minority holder friendly update 🙁

True.
There may be strategic reasons.
But for how long management can hide its failures behind DAUM ISSUE.

[108BULLGURU]

@Surya,
I will suggest others also not to vote for it means IAMN VOTING AGAINST IT… UNLESS I KNOW THESE 2 THINGS….
till we get the purpose of the issue and who is getting these shares.

[Author]

Posts