[akv84]

Hi all, can anyone explain what the mgmt mean by equity funding for which they are seeking approval on 28th… is it like they sell shares with them to a VC or large investors for raising money?

[akv84]

My thoughts on how the events would unfold in next few months/years in a logical order (maybe I am too optimistic and positive here)

1) exchanges declare approval of PW
2) Axis officials approve the payment plan and BCG closes the loan/follow payment plan
3) 25% of PW money comes to BCG and they settle Daum case
4) BCG declare that formation of US entity resumed and completed after few weeks
5) BCG declare that LOC is approved for the US entity (who owns most of the receivables)
6) Faster growth Q-on-Q with LOC money
7) Balance PW money goes to strategic acquisitions to enhance capabilities (SKR is a proven expert here)
7) With all above positive news, stock price goes up, PE crosses 5-10.
8) Market starts noticing BCG; investor meets, presentations, etc. goes in full swing. MFs and FIIs start taking stake creating an option for 59 newly added investors to leave with huge profits.
9) Buybacks, dividends, timely positive news, etc. keeps the stock price growth momentum
9) Strategic investor onboards (like PE firms) absorbing a huge chunk of floating shares from the 59 new investors or from market. They will bring back all required authenticity and credibility that BCG lost in last few years. business growth continues.
10) US entity grows stronger and poplar creating the ideal time for listing the entity in NYSE.

Real growth starts from there… I believe all these can happen in next 2-3 years or even earlier.

Lot of us complain about poor governance of management. Same was the case in Tanla also b/w 2104 and 2019… Udaykumar Reddy has been questioned and insulted left and right in MMB for starting Singapore Hub, having Vodafone as the single biggest customer, high depreciation shown in books, etc…. but look how its today… things changed when Tanla announced the acquisition of Karix Mobile and Blackstone came on board (Blackstone had 20%+ stake in Karix). Series of developments afterwards like Trubloq success, partnership with Microsoft, US investment firms taking stake, promotors increasing stake, etc. took Tanla to greater heights.

I dont think SKR is fool enough to let BCG hang in low single digits and join hands with operators to make some personal money. He might be having larger plans/agenda which cannot be shared openly unless they are confident to make it happen. I believe SKR and team is doing a lot of these financial stuff under cover, keeping the business growth flat, not releasing positive news, etc. to show the external world (particulary Daum) that “you cant expect anything more from us”. imagine a situation where BCG is showing high growth, payment of dividends, US entity, LOC money, etc. what is the surety that Daum will not initiate another case to try getting more from BCG? SKR and team will loose another 5 years fighting the same in international courts. instead of that, its better to keep this things undercover and wait till settling Daum. I expect a lot of the above mentioned positive news to come out once Daum is settled. unfortunately, SKE cannot take funds from their regular operations to settle Daum as this will affect the business and leads to loss of market share, reduction in business, etc. which becomes fundamental issues that go out of control.

Only issue now for all of us is that stock price is not where it has to be. but SKR will be confident that the price will come to its true value when all these issues settle even though that take few more months. SKR and team will be making many times more money through this long term growth than what they get by playing with operators. so i still dont believe he is part of the backend game by operators. Like how we experienced in Tanla, we might be entering a new phase of BCG in coming months which will last for the next decade and make all of us wiser and richer.

NB: All are my personal views and happy to hear other’s thoughts.

[akv84]

I sent email to the IR email ID on Sunday for not receiving dividends in two of my accounts. Received the dividend today in one of them (with higher # shares) from LIL Projects Pvt Ltd. Hope they credit in other account also without more follow ups. One of my relative has few shares in his account. we are planning to wait and see if the management credits the dividend for this account without any follow up.

For almost all of us, this will be the first time in history that we are forced to follow-up with IR to get dividend. Stock is equally tempting on one side with their growing businesses and irritating on the other side with their corporate governance. Its our hope and patience for a bright future that we all are still hanging on here.

BCG is giving us all a lot of new experiences on-the-go and indirectly helping us learn the most important attitude required in stock market – “patience”. I dont think anyone who are invested here for last 3-5 years will forget this stock in their life due to the range of experiences we are going through.

[akv84]

Dear BCG investors,
I am posting here for first time though i am following this group closely for last 6 months. Started investing in BCG in 2013 when it was Ybrant Digital and Tanla in 2014 when it was a pure play A2P SMS provider…still going strong and long in both… Though we are yet to realize the real underlying value from BCG, i have learned tons and tons about stock market investments in last 7 years by following BCG in the forums like MCB, Investing.com, this forum, etc. which is worth much more than the monetary gains from BCG. This experience is really helping me identify new opportunities and take matured decisions. Thanks a lot to admin, logan and all others who take time to post reviews and contents which make all of us better investors.

I just read a news about technology barons like Bill Gates, Jeff Bezos acquiring agri-land across Americas. https://www.forbes.com/sites/arielshapiro/2021/01/14/americas-biggest-owner-of-farmland-is-now-bill-gates-bezos-turner/?sh=5c9eb9d66096

Does this mean these leaders are seeing the next big disruption area in agri after electric and digital? Are they acquiring these lands to implement their agri-tech initiatives in the long term?

SRK hinted about BCG working in agri-tech in 2 or 3 forums as well as working with a global internet giant in this space. In Linkedin, i saw few profiles working in BCG in crop research, agri-tech, etc. Does all these mean that SRK is also betting big on Agri-tech with AI? Does the Internet giant SRK hinted refer to Google/Microsoft/Amazon? Happy to hear everyone’s thoughts about this initiative from BCG.

[Author]

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