Forum Replies Created
@Logan – The third point which you stated “3) Company has changed its name few times so it must be a fake company”, was the reason given by the moderator of Valuepickr forum to lock the BCG thread.
I was the reason why they locked the BCG thread as last year I was posting about important events in Valuepickr BCG thread as well so that more investors benefit out of it. They summoned me saying I am biased with positive side only, and asked for my identity proofs and the reason why I should not be banned. I provided all necessary evidences, and they left me saying I should not be posting biased posts. The same day they blocked the thread as well with the same reason. That incident/moment was my lowest point in my investing journey with BCG as it questioned my abilities. That the founders of Valuepickr forum are not thinking well about the company, but I stood my ground and continued here.
I am waiting for the day when they are forced to reopen the thread again.
If the projections work out as conceived, we will be heading to have a bright time. Management would have considered whether they want to hold greater stake in a smaller company or do they want to grow the company bigger (especially at a time when growth opportunities in this industry is knocking) though at the cost of little dilution. The later option is always sensible and I am sure the maths is done right.August 24, 2021 at 6:27 pm in reply to: Proceedings of investors conference call 24th Aug 2021 #12475
@conservative_indian sir has started telegram channel from today. Please see his below message.
Moneycontrol is not allowing my ID to publish any post. Even simple one line post without any weblink is getting removed immediately after posting. Any one can search Value2Wealth or conservativeindian as key words in telegram to search. We can share to reconnect. Thank you.
Welcome @Brightspot to this forum. You are doing a good job in the mmb towards investor awareness and I like your energy.
You may use the technical discussions thread to share your thoughts on price projections. Here mostly the discussion is about business/ industry developments so that new investors can understand the value and not take it as buy/sell call.
@conservative_indian – Sir, many thanks for visiting and sharing your thoughts in this board. I read that you have dropped the idea of paid forum and instead looking to start an open discussion forum. Please let me know if I can help you on this.
What I can do for you is,
– create a new site with your choice of domain name (e.g. conservative_indian.com)
– make yourself and chosen members as moderators. I can also assist in the moderation work like daily approving of new registration/messages, filtering spam contents, taking action on abusive users etc.
– forum structure similar to hidden gems column which we have here. With some topics marked as locked, where only you can post and it would be good for users to understand the story in a chronological order with no clutter.
– support during downtime/crash
@buffet – I am very excited with the news and things are coming out even faster than expected. The statement says “This is done with intent of strengthening our back-end to prepare the Company for the growth.”, which looks like company is foreseeing good business growth in digital media segment and building the workforce to cater the demand for next many years. Does this mean it is taking Indian market seriously which we were discussing? Or it is to support worldwide operations or may be both? Either way, the news is welcomed by all the investors and deserves the attention of national media 🙂
Sub: Letter of Intent signed
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform the Exchanges that the Company has signed a Letter of Intent to acquire a Digital Marketing Services company based out of India with more than 1100 employees and premium clients such as Netflix, Disney, Expedia, Bitly, Hulu and The New York Times. The details regarding the name of the target company have been kept confidential in light of the confidentiality clause of the LOI. A definitive
agreement will follow after the completion of the confirmatory business, legal and financial due diligence.
This is done with intent of strengthening our back-end to prepare the Company for the growth.
Moved MHHL, Kernex+HBL to a separate thread.
Please let me know if you would like to move any other scrip.3+
Nice article explaining the things in detail.
Hi All, Please feel free to create a new thread on any of the scrips if required. Also please mention the company name which is being discussed so that it is easy for everyone to follow.3+
Please watch this Lycos Internet interview of 2015, in which Mr.Suresh Reddy shares with Prashant of NDTV Profit, his vision of overseas listing (@9.55 mins).
Unfortunately due to the international litigation with Daum, parent debt and other issues, it was put on the back burner. The global consolidation plans (organizational restructuring) unveiled in 2020 was always understood as the step towards this direction and we had discussed this many times. For instance this post by DH on Feb 2020
Sharing some of the update from Investors Conference Call – July 03 2021
About Results & Sustainability
Spectacular march end results. One thing which some investors may have missed is on comparing with last year same quarter, the revenue has grown 11% and profits grown by 30%. This is due to great job by the sales team by bringing business and the operations team have done phenomenal job by optimizing profit. Partly also due to debt reduction. Going forward would like to do the things in same way in optimizing profit.
We are seeing continuous growth in the BCG family, the investor count reaching closer to 80000 mark at the end of June.
History & The Future (For the knowledge of new family members)
Briefly touched upon the history of the company from the time of USA Greetings till where we are now. From 2010 to 2014, we have grown the business from $10 million to $100 million. We are at about similar phase today, for the next leg of growth. $390 million business currently, 14 subsidiaries, 40 countries, 60-70 billion impressions per month.
Questions received by email
1. Can this growth rate be maintained in the coming quarters?
Definitely will be looking for similar growth rate. Industry growth is also there and will be focusing on improving efficiency on sales and operation to continue this kind of growth rate. All the ducks have been lined up.
2. LOC (line of credit) Status
Very cashflow required kind of business and LOC will be required at some point of time. Almost signed in January last year but felt the terms could have been better. So had to step back, to fix few of the things, to make the company better valued as a business in order to get a better terms. That was the reason to postpone the LOC, will be revisiting within 2 quarters time.
A hot topic which we have always been extremely careful about. We expected this early while dealing with publishers data and also when building better tech platforms. Protector product is one such. Other initiatives will also be announced later. All these concerns are well addressed.
4. Bonus shares
Postal ballot will be send to shareholders by next week for resolutions on – bonus shares, increasing authorized capital, capital clause , raising of funds). Meanwhile will apply for requisite approval from stock exchanges.
Record date of bonus issue should be between August 2nd week (i.e. after postal ballot results are out, board members meet will decide the record date). Issuance of bonus shares will be on or before August 27th 2021.
The intent of bonus shares issuance is to give back the investors who have remained through this period.
Though the EPS will drop post bonus issuance, the board believes this was a positive move considering many things – there is increase in PE multiples, market cap etc.
5. Standalone performance
Have few ideas to improve standalone business from this year itself – both organic and inorganic.
6. Investor Relation Issue (Calls/mails not getting answered)
Have improved in this front despite challenges due to pandemic situation but there is more improvement to be done, plan to set dedicated team. In terms of communicating with investor community there has been significant improvement.
7. Lycos Daum
As mentioned in the previous call, it is verbally settled , done and dusted. Very close to get the payment done, will be announced when it happens.
8. Connected TV
Already there in the ecosystem, business is growing.
9. Digital Audio
A new opportunity for us to explore, a lot of advertisers are looking for it. Traffic is there but publishers not able to connect the traffic. Recent webinar went very well and publishers are looking on to that.
In negotiation with a company in this space for acquisition and will be shared once there is some development.
Q&A with callers
– Domestic digital market is a tough area to crack. When there is scope for profitability we will definitely enter into it.
– After crossing $450 million revenues, digital marketing companies starts to get free cash flows. Until that it goes through product development and additionally we also had debt repayment to make.
– Initially we may do fund raise at the parent level but the eventual game plan is to consolidate some of the large subsidiaries together and list it. That funds can be used for acquisitions without diluting any further at the parent level.
– Have shifted our focus to get parent the right value recognition first, before getting the LOC, consolidation of the subsidiaries and its listing.