[admin]

“Certain legacy items on the balance sheet, across all subsidiaries have been
impaired, in view of projecting a healthier overall balance sheet going forward.
We will send out a detailed note to clarify further.”

Hope the update comes before the conference call. Those who agree 45 mins will be insufficient to discuss everything, please send mail to the company requesting to extend the conference duration.

[admin]

Hi Saul,

Appreciate the time and effort you put into your thoughts behind all the articles.

One suggestion is we mail the final questions to IR at least 2-3 days prior to concall so they come prepared, else we will hear answers like data is not at hand/ will come to it later etc which never materializes. If they are prepared they would be starting through those questions first and one of us can ask if anything is missed or more clarity is required.

Pranil had asked questions in the previous call and expect to be ready to help this time as well.

[admin]

Hi Pranil, You had told you will be back after researching more on the business (Criteo topic) but have not seen anything on that. Instead you have again started to post related to price, dividends and returns when Saul has repeated many times not to ask questions on it. Please respect to what the individual has said.

[admin]

Notification – meeting of the Board of Directors of the Company is scheduled to be held on Thursday, June 25, 2020 inter-alia, to consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter &
financial year ended March 31, 2020.

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=f8a397a0-9412-4512-a4e5-0b0e2026e9fc

[admin]

Suggestion please, you may edit your own reply anytime. This will help to reduce the no. of posts and reading time.

[admin]

Thanks DH, your timely update as always is much appreciated.

[admin]

Thanks Srinivasa for the update.

[admin]

Hi Nitin.

Very important, thanks for point out. We need to ask about axis bank debt, pledge release, Daum status, usage of PO funds, LOC, OAK exit, growth prospects in India, general update/market forecast on digital marketing industry amid Covid etc. We can list all in the same format as we did in past.

When its done, any of you can send it to IR few days before the conf call date.

[admin]

Reserving this space for purpose (in case the list of query exceeds).

The main post will have all the queries and short answers with supporting links to related posts previously we have discussed.

Due to time constraints I am not able to frame properly. But will be working to improve further.

[admin]

A few more screenshots..

Attachments:

1. 

   Recievables-and-Payables.jpg
   

2. 

   Recievable-Days-Other-Party-Transactions.jpg
   

3. 

   SHP-Debt-Taxes.jpg
   

[admin]

Thanks Valuebuyer!

Thanks Saul for your time in replying to baseless allegations. Even otherwise your series of articles have already elaborately discussed each topics and there is nothing much left to be queried. Despite that there are certain elements who find faults by twisting the facts and depict the company in bad light.

Some baseless allegations made are,

1. Why the recent SHP shows fall in promoter%, have they sold shares. They do not mention that it is as a result of preferential allotment process and in fact applicable to all of the categories in SHP.

2. Company changing names often??

3. Shares are pledge, have debts in spite of making profits year on year

4. High receivables. Without an iota of knowledge about digital marketing industry.

4. Raise questions on auditors. Without knowing that BDO is already in the works.

and many more such baseless allegations to intentionally malign the Brightcom Group and panic investors.

I will be creating a separate thread only for Critical queries and their responses. So that boarders here can present it to those who comes with baseless allegations.

Please see attached screenshots of responses to allegations on Twitter.

Attachments:

1. 

   Acquisitions-and-Pledge.jpg
   

2. 

   Auditors-and-Intagibles.jpg
   

3. 

   Balance-sheet-Dividends-Goodwill-Security-Deposit.jpg
   

4. 

   Cashflow.jpg
   

[admin]

Here is a feedback of one long term investor, please do not take it as a buy or sell decision.

“Most of the investors now understood the company and its business due to the awareness given by brightcom investors forum. Earlier there were negative news n negativity in market as there was no transparency n no clarification but now every answer is available in black n white. Now all investors have regained confidence in this stock. Now stock has become a Gem Stock wherein the supply of shares will decrease in coming days. Even in red market like today, investors will not sell because once you sell you will not be able to enter so easily.
In today’s scenario best thing is to Lock your shares for few months as this is going to rise manyfold even in bear market.
Stay safe, stay healthy n stay invested
Bhupinder Singh”

I sincerely thank Saul Goodman for his contribution. All your series of posts and the research work you have presented has helped lot of investors in systematically understanding each aspect of Brightcom.

[admin]

Hi Anand. Please do not create new topics to ask queries. Use the general discussion thread instead.

Thanks for sharing the material.

This query was also raised in the last concall to which Mr.Suresh Reddy said will be clarified later point of time. Also there was
was discussion related to this in our forum sometime back that it belongs to Brightcom Group.

[admin]

Hi All – I have created a new twitter handle @BrightcomInvest | Brightcom Investors (https://twitter.com/BrightcomInvest) in order to promote Brightcom as well as our forum to wider group of investors. Kindly follow this twitter handle to support this initiative and also to get regular update on BCG.

New post -> https://twitter.com/BrightcomInvest/status/1269923653799403520

[admin]

An article today in moneycontrol about digital healthcare gets a boost during covid-19

https://www.moneycontrol.com/news/trends/health-trends/digital-healthcare-gets-a-boost-during-covid-19-5373591.html

Excerpt from the article,
“Artificial Intelligence, machine learning, Internet of Things solutions are gaining traction as they are being leveraged to fight the outbreak. One such example is of Aster DM, where AI-based mental wellness medical-grade chat-bots are being used to help people suffering from behavioural psychiatric disorders such as anxiety and stress. Additionally, AI-backed radiological diagnostics are being deployed to assess and diagnose COVID-19 associated pneumonia. The demand for AI/ML, IoT, and deep tech solutions will continue to increase further as the focus will shift towards making healthcare more efficient, value-driven, and patient-centric, once lockdown restrictions are entirely lifted.”

Apart from the Digital Marketing services, Brightcom Group is also applying the expertise in next-gen technologies AI and ML in the field of agriculture and healthcare. This is another vision of Mr.Suresh Kumar Reddy which I wanted to share with you all.

[admin]

An old news dated Sep 2016, where Mr.Suresh Reddy is talking about Reliance Jio entry opening up the space for digital marketing in the future.

https://www.financialexpress.com/industry/reliance-jio-move-set-to-boost-digital-marketing-space-lycos-ceo/367720/

We are certainly witnessing his vision coming out true, with Facebook acquiring 10% stake in Jio and everyday new investments are pouring to take a pie of digital revolution in India. Recently there was a news of Amazon eyeing $2 billion stake in Airtel, though Airtel denied it later.

The whole telecom sector is heating up and preparing for the next phase. One thing is certain that it will propel the digital marketing space in India in a big way, more so with launch of 5G and BCG would also be preparing to grab this opportunity. Please share your thoughts.

[admin]

Thanks Raj for notifying.

[admin]

Company’s M&A track record (BSE notification June 05 2020)

Attachments:

1. MA-Track-Record.pdf

[admin]

Attached presentation of the Company’s US Dollar based financial overview

Attachments:

1. Brightcom-Investor-Presensation.pdf

[admin]

Attached presentation on the Ad-tech business and the way it works.

Attachments:

1. Ad-tech-How-it-works.pdf

[Author]

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