[108BULLGURU]

v interesting. becuase Daum has not been signed and sealed. so ddi not want the markets and daum to have that info in public domain.
Now we know again why Daum is the big hurdle.
so market is right.
Daum and then the confidence in the numbers.

[108BULLGURU]

I am pretty sure that this dubious stock price behaviour is due to connivance of all the parties concerned.
They rotate the stock with immense disregard and know every thibng in advance .Otherwise they wont have that confidence.
These UKG UNO metal edelweis and all that are legally declared registered financial INTERMEDIARY COMPANIES. SO it is pretty clear that they are holding lots and lots of stock on behalf of the people who matter and who know BCG like their own palm.
Diggin in , never ever sold a single share.
Still some hope that SKR may be an honest man and just a bad business decision maker and victim of his circumstances which may be getting better now.

[108BULLGURU]

HAHAH,
Good one.I commented re UR wisdom about UR assessment re the stock price manipulation. U were right on the money.
I think SKR also does not have much time and a very small window of 3 at the most 4 weeks.
I am sure he does not want to go down with the ship
and will give the fight of his life to float it and bring it to the shore.
Time is running out though very very fast for his BCG

[108BULLGURU]

sateanna,
UR v wise dear.
what else i can say.

[108BULLGURU]

“Maybe SKR is bluffing about EY doing audits on its subsidiaries, if it is right, why does he not submit notification to the exchanges that such an audit is underway?”

I think he already did in June july last yr re consolidation,big four and verbal settlemenet with Daum
Yes chapter eleven was the biggest hurdle in so many ways.
Hence just conf calls and no downloading and no 17 subs auditing and etailed a/c donmloading.
Companise can have issues.Companise can make wrong decisions.But then they take corrective action.They also HAVE THE CONFIDENCE TO FACE THE MARKETS AND TELL THE TRUTH THE WAY THINGS ARE. cHAPTER ELEVEN PREVENTED THAT IN MANY WAYS.
I will suggest SKR sorts out the mess sooner rather than later and come out in open and talk to the markets re the comnpany in an OPEN AND HONEST ,MANNER.
Some one said we should not look at the price. Well no one invests in market for charity.It is an investment and it needs to perform in the long run.
5 years is enough of long term.
It is company’s responsibility , in this case SKR’S to convince and explain to the markets as its CEO and spokesperson about the comp[anuy every thing in detail re its past, present and future rather than stay in hiding for so long like a …. U can fill in trhe blanks.Such behaviour does not provide any confidence and creates suspicion. We know the circumstances.But he can now come out and repair the damage that has been caused by many wrong decisions.

[108BULLGURU]

UDUI5588
Well dear there is lot of suspicion in the market for sure.
Actions of the company and management have not done any thing to address that in a confident and open manner.
So market continues to play safe and not believe the numbers.
Let us see what the truth is.
It wont be long now for it to come out.
I think company has a very small window to address this issue once for all or the consequences may be too bad for all the shareholders as market conmsiders the company and ebn the current PO issue at 10 as a joke and a con job.
Oh dear.Keep praying friends who so ever your God is and whatever your faith is. It all reaches Him.

[108BULLGURU]

udupi5588
udupi5588

about 1 hr 10 mins ago
Market continues to believe that over 400crs np per annum being declared is majorly fictional PROFITS. Is money laundering going on? God alone knows. ED should investigate | 3

[108BULLGURU]

I think 2 reasons that R obvious is to gobble up as many cheap shares as possible from the market through financial intermediary companies which is leagl.
Alos to get the PO through and have more loaded up at 10 against BV of 70, IT, PE ratio fair price of 250 and comparable AD TECH COMPETITOR IN INDIA AFFLE giving BCG fair price of 900 or so.
U B the judge.

[108BULLGURU]

“Maybe SKR is bluffing about EY doing audits on its subsidiaries, if it is right, why does he not submit notification to the exchanges that such an audit is underway?”

I think he already did in June july last yr re consolidation,big four and verbal settlemenet with Daum
Yes chapter eleven was the biggest hurdle in so many ways.
Hence just conf calls and no downloading and no 17 subs auditing and etailed a/c donmloading.
Companise can have issues.Companise can make wrong decisions.But then they take corrective action.They also HAVE THE CONFIDENCE TO FACE THE MARKETS AND TELL THE TRUTH THE WAY THINGS ARE. cHAPTER ELEVEN PREVENTED THAT IN MANY WAYS.
I will suggest SKR sorts out the mess sooner rather than later and come out in open and talk to the markets re the comnpany in an OPEN AND HONEST ,MANNER.
Some one said we should not look at the price. Well no one invests in market for charity.It is an investment and it needs to perform in the long run.
5 years is enough of long term.
It is company’s responsibility , in this case SKR’S to convince and explain to the markets as its CEO and spokesperson about the comp[anuy every thing in detail re its past, present and future rather than stay in hiding for so long like a …. U can fill in trhe blanks.Such behaviour does not provide any confidence and creates suspicion. We know the circumstances.But he can now come out and repair the damage that has been caused by many wrong decisions.

[108BULLGURU]

Second whats stopping Mr Headstead from coming on this forum, Why only after mid Fe 2020.
Well dear only headstead can answer that question.
He thinks that stock will rise after the PO is out of the way as no promoter will want stock price shooting above the issue PO price before the PO is over.
We will probably have better things to talk about BCG and stock price after the numbers and confefrence call, hopefully due to good numbers and some positive actions on fulfilling their word by the nmanagement.

[108BULLGURU]

I started buiying at 37 . so all is not at 37.
U dont know my net worth.
Let me put it this way.
I will be OK if it goes to zero financially and survive.
I will be very very happy if it multiplies and hits its fair market price which will be minimum 250 even if we apply IT industry PE ratios

[108BULLGURU]

So far he is just a frog in the pond of Hyderabad speaking to his sold out clowns who clap for him.
If he will ever become a national or international hero only time can tell that.
He lies repeatedly through his teeth.I think many companies all over the world have their plants on message boards as well as in meetings.
So U got to take with a pinch of salt what and who asks the questions … what to talk of what comes out as an answer.

[108BULLGURU]

let us be objective. some time we dont see things clearly because we are involved in it.
Markets and sentiments change and so does the stock price.They will change when they will change. Price action will tell that.
There is no reason to trust SKR rather every reason not to trust SKR so far. When he will give reasons for change we will reconsider our views. there is zero interest in the stock from the market. try selling all the shares U got and U will know.
How is it that some are ready to pay ten rupee for the stock and no one buying for 6 rupee.
It is just a ticker on the screen with manipulated stock price at the moment.if and when it will change in future we will know

[108BULLGURU]

Agreed with U in toto.
Cooterie in connivance trying to hammer the stock again and
TERRORISE THE RETAIL INVESTORS TO SAY YES TO PO ballet
making them feel oh i am getting u ten rupee PO and the BV is 70 rupee
against AFFLE 28 rupee BV selling at 1600.
I will HOLD MY EACH AND EVERY SHARE.
WILL SIT IN HIDING ON THE SIDELINES.
IF B U stards over play their hand then i will be very aggressive
in loading up in my time of chosing.
Those who have big quantities can do the same but only at time and level where we have the advantage.
The day it shoots above 7.50 on heavy volume, it will be time to load up.
If you buy with short term objective ,U will lose .Only enter with long term objective.
GET A LIST OF QUESTIONS READY FOR THE CON MAN FOR THE CONFERENCE CALL.
Yes so far we have been conned for 5 years year after year in believeing all the lies and unfulfilled promises.
Be sharp ,clear and aggressive with your questions.
The investor who asked the question if he should sell his shares could have been planted. so dont believe any thing U hear or is said except the price action. Every thing could be a MIRAGE A LIE A COOKED UP STORY TOLL PROVEN OTHERWISE.
SORRY FRIENDS I AM BEIND DIFFICULT BUT U GOT TO HAVE THE REALITY CHECK
AND NOT FOOL YOURSELF WITH HOPE,LIES AND FALSE TRUST ON SOME ONE WHO DID NOT FULFILL A SIONGLE PROMISE IN 5 YEARS..

[108BULLGURU]

I will hold my near 2 million shares.
But wont touch it or add any more.
There is no interest in the stock at the moment.
It is pure promoters and operators play in nod and wink scenario
for over last 5 years at least.
I will buy at 3 and add if it closes above 7.50.
Will not sell a single share share from my holding.
Collecting as much funds as possible for adding at 3.
May be buy some % of the company if available.
You get the strategy now. Waiting for the outcome of my complaint too
and will ask them to expedite.

[108BULLGURU]

Agreed with U in toto.
Cooterie in connivance trying to hammer the stock again and
TERRORISE THE RETAIL INVESTORS TO SAY YES TO PO ballet
making them feel oh i am getting u ten rupee PO and the BV is 70 rupee
against AFFLE 28 rupee BV selling at 1600.
I will HOLD MY EACH AND EVERY SHARE.
WILL SIT IN HIDING ON THE SIDELINES.
IF B U stards over play their hand then i will be very aggressive
in loading up in my time of chosing.
Those who have big quantities can do the same but only at time and level where we have the advantage.
The day it shoots above 7.50 on heavy volume, it will be time to load up.
If you buy with short term objective ,U will lose .Only enter with long term objective.
GET A LIST OF QUESTIONS READY FOR THE CON MAN FOR THE CONFERENCE CALL.
Yes so far we have been conned for 5 years year after year in believeing all the lies and unfulfilled promises.
Be sharp ,clear and aggressive with your questions.
The investor who asked the question if he should sell his shares could have been planted. so dont believe any thing U hear or is said except the price action. Every thing could be a MIRAGE A LIE A COOKED UP STORY TOLL PROVEN OTHERWISE.
SORRY FRIENDS I AM BEIND DIFFICULT BUT U GOT TO HAVE THE REALITY CHECK
AND NOT FOOL YOURSELF WITH HOPE,LIES AND FALSE TRUST ON SOME ONE WHO DID NOT FULFILL A SIONGLE PROMISE IN 5 YEARS..

[108BULLGURU]

I think once all these issues are behind us and if the stock is still selling low,then time for the company to consider buy back stock from the MARKET and take away any stock .
It wont need too much to do the trick.
In USA,Australia etc companies buy from the market.
Just few crores will set the cat among the pigeons.
I am sure SKR will think of that
IF NEED BE AT THE RIGHT TIME.

[108BULLGURU]

@Sobha,
Very very sad scenario.
So SKR has been the root cause of the pain or U can say his decisions.
Looks like he has realized that very late and hence taking corrective action v v late.Let us hope that finally we are not far away from the end of all the troubles of BCG..

[108BULLGURU]

“SRK has a very casual attitude, i wouldnt be surprised if he comes in the next concall and says we were at the final stages of negotiations and we thought it is the inflection point, but last moment they are asking for additional papers which we will provide in a quarter. Then we will wait for another quarter.”
Agreed.
I am not sure how this man can sleep with so much of wealth destruction of more than 30000 families of small retail investors and the continuous pain for 5 years and every conf call feels like a CO JOB CALL as nothing promised is or has been delivered for the last 5 years or so.
I don;t really know and understand what his limitations are.
Market certainly AT THIS STAGE DOES NOT BELIEVE HIM.Well he has given no reason to the markt or the investors to believe him.
Things do change.Markets do change.
They can change quickly and v v quickly too.
But they got to feel convinced about the given change in the situation.
If market can pay 1700 rupee for AFFLE, WELL MARKET wont miond paying fair value for BCG but some one got to be able to convince the market about it.

[108BULLGURU]

CONSOLIDATED FINANCIAL ASSETS AS AT END MARCH 2019.
Financial assets
– Trade receivables 8,89,77,68,596
– Cash and cash equivalents 1,02,57,90,311 (nearly 103 crores cash)
– Other bank balances 5,56,659
– Loans 6,83,60,29,959
– Other Financial Assets 42,43,808
Other current assets 5,40,57,82,643
Total Current assets 2217,01,71,976
Total assets 34,64,30,18,862
Here is the link to the balance sheet.
bcg balance sheet March 2019.

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