[admin]

@Logan sir – Awaiting to hear from you as soon as possible. Missing you 🙂

[admin]

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.

https://www.bseindia.com/xml-data/corpfiling/AttachLive/207d676b-9068-423e-ab0a-08f2fdcd7210.pdf

Attachments:

1. new-aquisition-july-2021.pdf

[admin]

Moved MHHL, Kernex+HBL to a separate thread.

Please let me know if you would like to move any other scrip.

[admin]

Nice article explaining the things in detail.

New Developments in Railway Signalling system: The future ahead

[admin]

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.

[admin]

https://www.ndtv.com/video/business/news/lycos-internet-on-q1-earnings-378722

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

Attachments:

1. 

   IMG_20210703_225306.jpg
   

[admin]

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.

“BCG Family”
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.

3. Privacy concerns (google/apple privacy policy, cookies, etc.)
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.

[admin]

@kris – There is no better thing than to hear it straight from the voice of our vibrant CEO and feel the vibe.

If someone posts it on YouTube we can share that here.

Having said that I will try to post the highlights. I would request Logan, DH and other seniors to share their post conference update if any.

[admin]

@Logan Sir, most of questions that you beautifully framed were taken in the call. Thanks so much for your contributions and continued support 🙏.

[admin]

Thanks CI sir for leaving such a nice comment in mmb.

I suggest investors of B* to visit Brightcom Investors forum which is a rich source of information and I suggest new ones to create own log in. I wrote two posts there so far under same ID. Those guys are doing marvellous job and I expect mmb to draw inspirations from them. Good Night.

Link to original post – https://mmb.moneycontrol.com/forum-topics/stocks/syncom-formula/thread-message-95100233-96900233.html

[admin]

@Logan – Thanks so much. I have sent the questions to IR.

[admin]

@drpram – Finding next potential candidate will be a really a tough one. During bear market we get many bargains. Let this process take more time, and everyone continue to post their favorites here. It may not get any immediate response but it might help someone to generate interest in it to study more. My approach is to find a good stock every year or two and bet big on it. The most important factor according to me is what is the future visibility(for next decade at least) in the business and how can it survive the competition ahead. So lets all share more ideas and not focus on picking one soon, that should come as naturally. Agree that it can come much sooner if Logan, DH, CI, Odysee, Headstead and other senior members also joins in.

[admin]

@conservative_indian – I keenly follow all your mmb posts. In fact have gone through them even today and what a pleasant surprise it is to see you here. Thanks for your time.

@Logan – Thanks for the detailed analysis of the current situation.

[admin]

@sknatani – Sorry I could not see any of your post in pending or spam status for me to retrieve it. Probably it was not published due to network issues at your end. Your last post on this topic was #11846.

[admin]

There you go. Have created a seperate section “Hidden Gems” to discuss other stock ideas. This wont in any way hamper the BCG discussions.

You may access this from the menu or https://brightcominvestors.com/hidden-gems/.

[admin]

@kris – Thanks for your nice post #11822 on vikas proppants which I am holding as well apart from Subex. Actually I had launched a forum for Vikas Proppants(vikasproppant.in), last year but had to discontinue as there were no takers.

May be we can start discussing other stock ideas(especially hidden gems) in this forum if others have no objection. I will try to design in a way that it does not affect the BCG discussions and any subscription alerts. Due to my new job commitments I was not able to concentrate on it. Now that BCG has taken off (or showing signs), going forward I can afford to treat my office job a little lighter 😀

[admin]

@PBB

I think all members have already discussed enough and learned from one another.

We remained together through the crucial times and important outcome was we did not give away our holding. Now we are bearing the fruits of patience, silently 🙂

This forum never allowed to discuss any fancy targets nor pessimistic views but only things that were factual.

[admin]

@Logan – Thank you from the bottom of my heart for being the guiding light to all the investors who follow you here. You have fought against all the odds and have been consistent in your views throughout. You took us through an amazing journey, selflessly imparting your knowledge about the company & the industry in detail and helped making everyone self reliant.

[admin]

Thanks Jay for sharing

[admin]

Thanks @drjaysee

[Author]

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