[Akhil]

Well articulated @Logan. In the stock market one needs to take responsibility for their own decisions. I learnt a lot of the advertising world from Logans posts. I have no regret for the holding on to the stock. It was my own decision. Personally I feel the stock market is the biggest teacher and we must learn from such experiences.
On a lighter note, id like to inform that my relatives who sold at 120/- are now owners of some luxury cars.

[Akhil]

@Explorer I have been a visitor to this forum for over two years and can assure you that Logans views were always well balanced . He gave both, the upside and the negative aspects too. Some family members of mine entered the stock when it was below 20/- and exited at about 120/-.
Everyone had the chance to weigh risks and take a call on whether he should stay invested or sell. Btw, how new are you to the stock market? Any investor who has been through at least one bull-bear cycle knows the risk of putting all your eggs in one basket and also the benefits of selling part of holdings when the stock goes up multifold.
People like Shankar Sharma were conned of 50 crores. Then what about small retail investors like us? Weren’t we actually misled by SKR?

[Akhil]

@radhutheoptimist ji, many thanks for your reply.
I admire the fantastic work you’ve been doing. Re joining the BGSHA, I’ve not joined due to some compulsions. The shares are in my Chacha’s name (I had encouraged him to buy) and now he himself doesn’t want to be involved in any way.
But, once again I wish to thank you for the stellar work.
Best wishes for the fight ahead.

[Akhil]

Seeing the number of sell orders, one gets the impression that the management is keen on pushing the price to 2 or 3/-.
If ever there was even a little bit of truth in SKR’s fear of a takeover bid, then now is the best time for a takeover. Obviously SKR has played all of us and looted the wealth of retail investors. How Shankar Sharma fell for the con and invested 50 crores, beats me. The fact that he’s keeping quiet now, means that he too was somehow involved!
There seems to be no way to get information about the company as the telegram channel has closed and Raghu optimist doesn’t seem to want to share anything here. If anyone else here has any news, kindly share here.

[Akhil]

Logan, brilliant analysis once again. I hope and pray your health improves. I have over the past 2.5 years benefitted from your analysis as i bought the stock at lower levels. I was lucky in one way, that both on 2022 and early 2023, I was forced to sell part of holding (very profitably )as I needed money.
SKR was indeed a glib liar and smooth talker and one tended to believe all his lies. I too fell for his lies…
Pre suspension I sold off most of my holding at a huge loss , but have kept 10% in the fond hope that I will recover this year’s loss.
Hope the retail shareholders finally get a fair deal

[Akhil]

After having held the shares for two years, and after the notification in the stock exchange that it may get suspended, and limited trades will happen once every few months, i finally pulled the plug and booked my loss. Heartbreaking since I’ve held it for more than two years and the loss booked was huge!
Kallol sen doesn’t seem to be a trustworthy guy especially after having heard his conversation with an investor stating that the company will drown without him. No one person can be above a company and it seems he still is pulling strings and manipulating things.
I do hope for the sake of the balance 5 lakh investors that things turn around and you all get a fair price.

[Akhil]

As a holder of shares which i bought at a higher rate and cannot dispose off now since it doesn’t make sense, I feel that SKR has played not only us retail holders, but also investors like Shankar Sharma for idiots.
His two bonuses, two dividends, promises of ESOP buyback, fake acquisitions which were later rescinded, listing on Nasdaq, bs talks of AI et al was targeted to make stock climb to irrational highs
Whether he took advantage of those rates, I cannot say, but his shell cos, the LLCs definitely did.
Any basic study of his actions in the last two years reek of criminal disregard for retail shareholders. The rascal knew that retail shareholders will not be able to unite to prosecute him. Retail shareholders will be stumped as to how to proceed, but I do hope the biggest hnis get together and prosecute him.

[Akhil]

https://www.linkedin.com/pulse/sebi-missing-woods-trees-joby-mathew-v1ymf
Very interesting read

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[Akhil]

My way of looking at this issue is different –
SKR sees value in BCG and wants back in. If he does regain control of bcg, it is possible that he may make repatriation and being back some value to the share price.
All this is based on whether the company fundamentals are not too cooked

[Author]

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