[chris]

The biggest positive I feel is the dividend payout from subsidiaries to parent, although it’s a minuscule amount of 5 crore when compared to overall revenue and PAT, atleast it is a start. Improvement in the standalone figures will change perception in the market for sure, if this trend of quaterly payout continues.
Revenue and PAT were in line with the guidance given by the company.
For me the dividend payout was the tiny ray of light in the report.

[chris]

True, that’s the most irritating aspect. Daums closure has been pending forever. No update on audio based digital advertising company acquisition closure. Mediamint deal cancellation after a long wait, and mainly delay in announcement of the forensic audit, to name a few …

[chris]

This is not the first time that such a reaction has been posted on the forum after Rathi b and the team have met with the company. Well definitely it was nice enough for the hyd team to have put in the effort to go meet SKR.
You cannot expect to get more information than that is already out there in these meetings, even if there was something that was shared you cannot expect them to post about it here.
So I guess what Rathi shared was that after the conversation he was reassured that bcg was doing all that was in its power to deal with the issues on hand. (You either believe him or don’t).
So I would like to thank Rathi for meeting with skr and posting a Cryptic yet brief gist(although we would all like to know the minutes of the meeting) and be done with it.

[chris]

Good morning, last weeks been a little hectic with the issues with pledged shares and the NSDL notification. Reply from company is quite a relief.

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[chris]

[chris]

SHP for the second quarter out, showing close to 6crore sale of shares that were under muskaan and pankti common-sales when compared to the last quarter.
Any opinions please do share.

[chris]

I keep noticing this trend again and again, as the stock price starts to rise, all the negative comments disappear.
As the stock price goes down people tend to get critical of logans comments on this forum, literally targeting him, SOME OUTRAGEOUS statements have been made in the past calling him the CEO of BCG (SKR himself) who is writing comments on this forum to trap gullible investors.
Similarly on Twitter as well all the negative comments have disappeared, nobody is calling for SKR’s head.

I think it’s time for all of us in this forum to take a decision now, to invest on facts, on pros and cons of the company, on the business and stop acting on emotion associated with price action and social media.

Everything is out there, there is no other forum like this one where you can find out about the company, unbiased facts no opinions. I think it’s time to take a call when the price action is on an uptrend.

[chris]

https://finshots.in/archive/weekly-wrapup-brightcom-group/

I found the article wonderful, in the sense that it was brief unbiased history of the company. Pending issues have also been raised.3 minute read clarifies a lot for new investors regarding name change and transition of the company and its business over the past decade

[chris]

I think Skr should settle it once and for all, hoping it should be done in the next con call. Rest all are theories nothing is adding up to 100 percent, but the question to be asked is why the clarification wasn’t given earlier, or was it to use the negative market sentiment to get get rid of the weak hands(well I’m one of them too) by further creating more negativity.
We’ll I think fundamentally the company is doing good and in the market there is always disparity between the actual business and price action.

[chris]

After today’s trade which equals nearly 2 percent shares of the company’s equity, bcg back at the bottom circuit. So much for volume analysis 🧐

[chris]

Okay, that’s one thing settled let’s hope the rest follow ……

[chris]

Hope everything is alright, but again thank you so much.

[chris]

Analyst presentation/Guidance report for coming financial year submitted by brightcom to exchanges showing a 40 percent increase in revenue 25-30 percent increase in PAT.

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[chris]

@rahul has the company clarified the free cash flow question, have you received the “accounting answer” to that question from the company ?

[chris]

It’s been a crazy day today, was looking at the timeline maybe inconsequential but wanted to share, at 1:04pm on a telegram group CI did mention today that with “22 lakh shares pending sell orders outstanding at the LC,his sell order of a minuscule amount of shares were executed before the 22 lakh share orders”, which continued onto a discussion of “ all or none, fill or kill “ orders.
At 1:32 pm the story started to unfold on BSE first and then everyone knows what happened.
So was wondering if the operator(if there is one) is following all these telegram groups and our forum as well. Might be coincidence as well.
But all in all it was a fun day!!

One more thing, coming to timelines, even after the SHP was released on April 5 the stock did make a high of 108 three trading days later, so even if someone didn’t like the SHP (that includes me) they had time to exit near the all time high. But I chose not to and I’m the only one to blame for that.

I’ve been watching SKR for 8 years now, he’s been on every conference call patiently explaining to every investor even when BCG was trading at 5 INR, (and I know it’s his duty to do so). If the question of SHP wasn’t asked in the conference call I too would have called it staged.

But it all comes down to whether you believe in what he said, do you trust skr, ( I’ve been with the company since 2014, when it was trading at 60 INR, and the stock crash happened after the US division of BCG filed for bankruptcy in the DAUM case, and stock came down to 2.80 INR)

1. DAUM will be settled !!!
2. Forensic audit : on asset impairment(alone) which has been shared with the exchanges in 2020.
3. SHP: “nothing illegal” but cannot disclose more at the moment.

These are all SKR’s words not mine, if there is an upward rally from here people tend to forget about the SHP and FA and all that. So dear friends in this upcoming rally (if there is one) remember to ask yourself these questions and take a decision accordingly.

MAY THE FORCE BE WITH YOU (and all of us)

[chris]

The silence in this group is killing me 😅 . But I guess this type of investment has these kinds of risks.

This ride with BCG, Being an investor (not a trader) has been a wonderful one, learnt a lot but not being able to cut out the noise anymore so staying off Twitter and the telegram group for now.

There’s nothing to discuss any further all the pros and cons have been laid out very clearly time and again. Fundamentals are strong, growth story is still on, sitting on good profits since I’ve been investing in bcg since 2014, so let the roller coaster ride continue (ending with a positive bias).

Again thanks a lot to everybody who have contributed to this forum.

[chris]

Two sides of the coin, firstly the super year in terms of the business 5000+ crore revenue and near 100 percent increase in the PAT. Secondly, the SHP(ugly aspect), the issue here is not whether SKR sold his stock and made money, the problem here is “UNCERTAINITY” of not knowing what happened. Was hoping the concall would help get us some clarity.

[chris]

@myainvest as per my understanding, ASM 2 does not define delivery, when a stock is in trade to trade you have a 100 percent delivery. Bcg is out of t2t a couple of days ago. So delivery volume is showing 50-60 percent on nse and bse.

[chris]

@odysee if that is the market perception of SHP, I’ll be more than happy.

Unfortunately, convention media and social media painting a different picture, but they have always been doing that even when the share was trading at peanuts.

[chris]

@jacksparrow13 bonus shares done, we shall talk about SHP for the next quarter or two

[Author]

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