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@Lycosmaniac – The particular id in concern has been here from quite some time. Only new names are being disallowed unless registered and personally verified.
We cannot completely neglect the user as he/she has been following forum guidelines, sharing knowledge along with technical trends and business predictions.
@kpal ji – For the benifit of everyone, could you please let us know why you believe the scrip will once again breach 52 wk low. Are you saying this as per charts or suggest strong operator activity.
0Thank you very much DH. It was indeed a surprise, now many would recognize you. Please continue sharing your valuable thoughts.
0Yes F2BF, exactly. Brightcom is a global player competing with giants as you heard in the conference call. And Vikas is a local player into mining.
0Have started a similar forum for Vikas Proppant investors – https://vikasproppant.in
Please do visit & register if you are invested in Vikas Proppant.
This is just for information only. Kindly do not reply anything related to this in this BCG forum.
0Hi Hitesh/XO – Regarding your query to me in the post #5642
I do not know anyone personally here because from the beginning everyone has liberty to post under nick names which I have never questioned though I am not favor of it.
I respect you for that, and have never opposed to your views other than being repetitive, following which there was a temporary suspension which was revoked as promised. I also believe that views from both sides should be heard as long as it is a healthy discussion. But some go to extent of using offensive language or raise unsubstantiated allegation maligning the promoter and the company. This will no longer be permitted especially from someone whose identity is unknown.
0@Lycosmaniac Please use only one id to post and do not post as raagadeepam. I understand that this happened accidently.
0@bcg-hopes – Thanks for sharing, this would definitely help many.
Request all who missed to attend concall, to go through the transcript and understand the current position. Please give importance to what the management is saying and not believe the rumor and noise. Daily activity in the forum is not required, especially the kind of one which you saw yesterday. Lesser the activity, lesser the tendency to trade and make mistakes. Request everyone to show patience and await the issues to get settled. Use this forum effectively on the days of company announcement, update, news or anything of significance.
Please note that I am no longer approving anonymous posts of new user names from now on. Only after registration and background verification they may be allowed to join on board to have any sort of discussion. This measure is taken in the interest of our little investor community so as to prevent the operators from devising any plans.
0@venu – Type the name which you want in the nickname. The new name would then appear in the Display Name list. Select it and save.
0Seeing lots of anonymous posts in the last 2-3 hours with completely new user names. Interestingly all are straightaway criticizing the company without even introducing who they are. I wonder where they were hiding before the concall! Such anonymous users will no longer be allowed to interact here.
Attention
All new users, please note that you will have to go through registration process first. You have to provide your real name and calling number following which I will be calling for a background check. Post that you may be allowed to join the discussion with current boarders here.0@sateanna – In your previous post you have already given a judgement “this climb is going to be painful and slow and will take many years to attain it’s real value ..consider it as Ur pension fund”.
I don’t have any advice for you. I have already expressed my opinion in general, if you please take time to read it again.
0@Srd.rdx – Thanks for standing by critiques as always. The past was painful hence the penny levels. The future appears bright and we need to welcome it. But you fail to see the positivity but panic investors by commenting – “I would not be even surprised if share price starts hitting LC , Monday onwards”. Thank you for all your contributions.
0@Shoumik – You have been posting a lot and adding no meaningful thing. A post waiting to be approved is highly abusive, denigrating the promoter and is against forum rules. Your view in general is now heard by everyone. I won’t be approving any further posts from you as it takes my lot of time. Not a permanent ban but a break until another important event happens.
0Hi Shoumik, BG also used reiterate the 2 miliion share holding. Please do not do the same. It does not make anyone who holds lesser quantity any less serious investor.
0@Shoumik – Kindly refrain from using all caps.
@Saach – You have brought a very important point. The management agreed to investors request to extend the concall to two long hours but we didn’t see Hitesh or Shoumik or Bullguru use this opportunity in asking any queries.We can see management intention in getting more investor friendly – extending concall, more disclosures to exchanges and now the most important Analysts meet and presentations being planned. At the same time progressing on the WIP initiatives which carries high impact. The delay can be attributed to the legal processes involved. Investors have to keep patience at this point and do not lose the focus from the big picture.
0@Shoumik thanks for leaving the disclaimer – “Be very clear I am 100 percent confident that this is a sure short compounder and will attain great great heights.”
Bullguru also used to leave similar disclaimer after spreading all negativity. “All said I have not sold a single share”
The problem is that if all the negative sayers dominate the forum, the result is retail investors who are new or on the sidelines will lose the morale. You should also speak on good things happened in the concall such as the planned Analyst meets so that your view is more balanced.
0Request all boarders to remain cautious. It is hard even for me to know who works for operators but am sure they are here around with multiple IDs. They have just one agenda, to create panic, paint a sombre outlook of the scrip especially when it is about to come out of shackles. They don’t speak anything good which has happened but picking up only the faults and repeat it umpteen times.
@Shoumik You used to write glorious stories of BCG and took a sudden turn when things are shaping good. I don’t know what transpired between your offline discussion with Hitesh and Bullguru.I will not allow any agenda by the operators to work in this forum to drive away retail investors who here are hopeful of this company to turn around. You may accuse me to have a bias towards those talking positive, but sorry I will rather take that blame.
0Concall Notes:
Travel to Korea was planned this week with respect to Daum but had to be cancelled due to coronavirus issues.
Global auditor – > Not a Big Four but a top firm. The auditor is fixed but purposely the name is withheld to avoid calls/query to the auditor by shareholders. SKR said he wants the job get done soon. Audit for 2019 is being worked by Global auditor.
Single entity in US has many advantages like access to capital, further acquisitions, etc.
Axis – Negotiations undergoing, auction of collateral was stayed. 8-9 Crores to be paid. WIP with bank, cannot reveal more as it is under discussion.
Receivable financing being talked with a large Bank with US and it is connected to global audited consolidation.
Daum ->Amount is frozen and payment terms also settled. Daum reverted some feedbacks for which some more negotiations remaining, which SKR said will be sorted out in due course. Nothing to be worried.Hard to commit timelines but said that 95 % of the job is already done.
Assets within Lycos will be leveraged.
Analyst meet is being planned in Mumbai, the date for which will be announced by next week. Presentations would be made by the company before the analysts.
When asked about that Affle not considering Brightcom as a competitor though both listed in Indian market, SKR said he is competing with Global players like AOL and not local Indian players like Affle.
Agreed that share price is undervalued and current steps taken to sort out things will help to get right valuation.
Oak – working with a buyer for exit arrangement.
Will update this post if I get more points.
0Hello BCG Investors,
Very happy to see that forum discussions going in a very good order under right topics. Let’s keep up the same. Request everyone to discuss post concall update and views under this thread.
Hope everyone would be joining the concall which starts in about two hours. Wish you all the best.
Thank you,
Admin0adminKeymasterWell said @Platinumember
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