[drjaysee]

Dear @Logan, Admin and Senior Members, curious to know, what is the possibility of buyback options if they get LOC approval? Personally I feel that BCG will not close the Axis issue until they get approval of Pref Warrant and may be later on they will announce LOC approval just to avoid price manipulations (by series of continuous developments). Please share your views.

[drjaysee]

Dear Friends, The owner of this video is too optimistic and this is too early to celebrate!!!

[drjaysee]

Dear @Logan & @buffet
In continuation with the discussion of share holding pattern,
UNO and AKG Finvest – Both are still holding BCG (less than 1% as buffet mentioned)
Priya Prakash is still holding less than 1%. Surprisingly, Priya Prakash (The name is derived from MR. PRAKASH B RANE & SUPRIYA RANE) is the promoter of 2 companies in different names as mentioned below. Supriya Prakash Rane – ABM Knowledgeware Ltd (12.27%) & Supriya Prakash Mody – Unichem Laboratories Ltd (1.41%).
This seems, either Priya Prakash, UNO & AKG have frustrated with BCG & booked profit and reduced their holdings or as per the agreement from BCG management.
I believe, this time BCG’s price will not go below 7.7 levels (Pref Warrant price) and the price may be volatile until we get “Pref Warrant approval announcement” and “Axis closure” in the 1st phase and Daum Closure & LOC in 2nd Phase.
Better, let’s be patience for some more time until we get concrete good news from the promoter & personally, till now I am not reducing my holdings and planning to accumulate more if the price will drop in the coming days. Thank you

[drjaysee]

Dear@buffet,

“Individual share capital in excess of Rs. 2 Lacs : Increased from 406 to 518” and the below 4 Big players disappeared and also Bodies corporate reduced their holding by around 5 Crs which clearly indicates your statement “They may have redistributed their holding to several individual accounts (increased by 112 accounts from Sep to Dec 2020) each holding less than 1 percent” (518-406=112).

RAJESH GOENKA = 13200000
PRIYA PRAKASH = 18420691
AKG FINVESTPRIVATE LTD = 25350000
Uno Metals Ltd = 25350000
Bodies Corporate = 50002636u
Total = Around 12.78 Crs in which 42.31 Lakhs shares has been observed by the existing share holders. Hence, approximately 12.4Crs shares may have been distributed to the new 112 or less accounts and also we may not be able to say all new 112 accounts are belongs to them.

In conclusion, the above all exercises clearly shows that the operators have taken control on the share price again and they can very well play as per their wish since at least 10 Lakhs shares have been distributed to individual new accounts. This is just my perception.

Experts, kindly share your views and I may be wrong in the calculations and perceptions. Let’s wait and watch the game again.

[drjaysee]

Dear @Admin, appreciate if you could share our BCG Investors Share Holding Table what you have prepared and circulated during Nov 2020 and we may ask our current shareholders to update the same as of now. Many thanks.

[drjaysee]

Dear @Logan, Totally agree with you.

Let’s wait and watch Dec 2020 SHP of the following

Subex (in which UNO is holding 67Lakhs & AKG Finvest is holding 75Lakhs as of Sep 2020 SHP).
Mold-Tek Technologies Ltd (in which UNO is holding 4.73Lakhs & AKG Finvest is holding 4Lakhs as of Sep 2020 SHP)
Intense Tech (in which UNO is holding 7.74 Lakhs & AKG Finvest is holding 7.7Lakhs as of Sep 2020 SHP).

Let’s observe whether UNO & AKG will exit from Subex, Mold-Tek & Intense as well during Dec 2020 SHP.

[drjaysee]

Dear@vgsatwork, I am also thinking the same thing what you are thinking. Now the situation is confusing that why Rajesh Goenka, Priya Prakash, UNO & AKG exited (either totally exited or reduced their holding below 1%). Also Bodies Corporate decreased its holding by around 5Crs and NRIs reduced their holdings by 82.75lakhs (may be profit booking) and Anil Kumar reduced his holding by 4.35Lakhs (may be profit booking).

Around 12.78 Crs has been observed by retailers as below;

Individual share capital in excess of Rs. 2 Lacs : Increased from 406 to 518
Individual share capital upto Rs. 2 Lacs : increased from 49058 to 58112

If we get some good news in the coming days from the promoters then things will change otherwise SKR should think about it seriously to protect BCG’s reputation and also to prevent further manipulations on the pricing. Lets wait and see.

[drjaysee]

Dear Friends,

In continuation with Post # 10008 & 10009,

Promoters Holdings = 186,627,685 – No change
Public Holdings = Reduced from 319,878,525 to 317,384,525 (Reduced by 24,94,000 which has been observed by FII)

Public Increased Qnty
PRAVEEN KHURANA = 600000
GEETHA PATHEJA = 105000
Clearing Members = 3526500
Total = 4231500

Public – Decreased Qnty (A)
Non-Resident Indian (NRI) = 8275481
N ANIL KUMAR = 435108
Bodies Corporate = 50002636
Total = 58713225

Public – Missing Qnty (B)
RAJESH GOENKA = 13200000
PRIYA PRAKASH = 18420691
AKG FINVESTPRIVATE LTD = 25350000
Uno Metals Ltd = 25350000
Total = 69120691
So, the above Decreased (A) & Missing (B) quantities of 12,78,33,916 has been observed by the retailers which is bit worrying thing.

Appreciate if some of our experts could share your views in this regard.

Thank you

[drjaysee]

Dear @Rathi_b, now we guess what your reply means by seeing today’s rally “read between the lines you will see something that doesn’t meet you eyes in the first glance”. Definitely we will get series of positive news from tomorrow onwards before the AGM. Happy investing to all BCG investors.

[drjaysee]

Dear @rathi_b, thank you very much for you and the team for your tremendous efforts who have visited BCG personnel yesterday. After all BCG is SKR’s baby and definitely he knows what to do to his baby for the betterment. Let’s all believe that We could expect some good news during Christmas holidays and hopefully the new year 2021 would be a great year for all of us. Thank you all once again.

[drjaysee]

Dear @Optimus Prime06, you are right. Do not worry and almost we are at the ending stage of all issues and shortly BCG will start travel its right path from this month end onwards. The price is intentionally kept under this levels for some reason for quite a long time and all people now will jump to BCG from Tanla which is almost saturated at the moment. Be patience for another 10 days only. Meanwhile let’s all continue to be active in this forum and discuss the positive things about BCG in a way to create positivity among investors.

[drjaysee]

Dear @Logan, Just as an example, I am attaching a letter of clarification/justification from the Management of a particular stock stating that Management have appointed a Law firm to investigate the continuous price drop etc. Likewise, our BCG Management also initiate some legal process against the negative boarders who are creating unnecessary noise/negative news on BCG at the MMB and other forums. May be you and (we) our members can jointly escalate our suggestions to protect BCG. Hopefully we may expect some good news before or on AGM day, if so the management need not take any action & negative boarders will vanish soon. Lets hope for the best to come in the near term. Thank you.

Attachments:

1. Clarification_From-Management.pdf

[drjaysee]

Dear All, Pls share your views on the attached details of loans & Investment on the subsidiaries.

Attachments:

1. Loans-Investments_Related-Party-Transactions_BCG.pdf

[drjaysee]

Dear@rpm87, I would suggest all the investors to stay with BCG and we should not exit with loss at this point in time. I believe, SKR is a brilliant guy and he knows very well that we shareholders will not leave him as he want. So, he would have been well prepared to address all our queries during AGM or even before our BCG Forum HYDERABAD delegation meet. Let’s all wait for his reply & justification. For me, I am not going to sell a single share from my total holding even the price will crash less than 2 (instead will accumulate more nos) and ready to face any kind of sequences legally as well as emotionally. I have good & bitter experience with Satyam back in 2007 and Alok & Ruchi during 2018. Let’s wait and see the bright future of BCG hopefully.

[drjaysee]

Dear@Admin, many thanks for your swift action in resolving/reposting #9738.

[drjaysee]

Dear @admin, somehow my message(#9738) has not appeared which was posted before 10 minutes. Please have a look on to it. Thanks

[drjaysee]

Dear Admin and Members, there are lot resemblance /similarities on the ongoing process of pref warrants between BCG and Karuturi Global (superlative penny stock). Karuturi Global also issued Pref Warrants of around 36cr (NCLT issue with Axis same as BCG) to all the so called LLPs including our list of No1. ARADHANA COMMOSALES LLP. That time the share was trading at 8.35 and today the share price is 0.30. I am not at all comparing the business and technicals in which BCG is in great heights as of now considering our technical discussions & informations transmitted from our senior expert members and from their annual reports, global business prospects etc. so the BCG’s business is unique and technicals are no way near to other penny stocks. But the process of pref warrant and issuance allottee list is spoiling all our trust. Still we don’t know what exactly SKR is planning/thinking to do in terms of pref warrants and need for the same at this point in time. If you have enough time, please go through the share holding pattern of Karuturi Global – public holding list where we can see list of all LLPs (I have used Trendlyne). My worry is BCG shouldn’t fall under this kind of situation since it has very good potential considering it’s technicals and business prospects (Digital Tech Trend will continue for another 10 Yrs and AI, ML are emerging fields) especially at this point of pandemic situation. Let’s all be Unite at this point in time and if at all needed we will try to support SKR to maintain transparency and ethical way of running the business / company. If the management is genuine and trust worthy then business will grow like anything even if there is any lacking on the technicals. Hence, at this point in time we will not react a against SKR but we will try to teach him a lesson to how to run a ethical business even though he is graduated from well reputed IIT Kharagpur. Still I am surprised that how come Mr Acharya accepted for this kind of decision of issuing 34 CR pref warrants to the operators since he is a newly appointed Ind Director of the company meant to be direct the company in a right direction of growth. Appreciate your expert views / inputs please to move forward. I am a new investor since July 2020 and holding 8.75L. But I am just surprised about the situation & frustrations of long term investors/senior members who have invested with BCG since 2011 & holding enormous quantities!!! No point of hiding and hesitating to speak frankly and this is the time to react and ask the necessary clarification with the promoter directly and the promoter has to give appropriate justification for the warrant issuance and also about the exact status of other outstanding issues. Personally I feel that Definitely the allottees will try to manipulate / downgrade the price to 1.90 (their actual buying price at this point in time through warrant) and accumulate huge quantities / the entire remaining quantities from retail investors (from us by the way in creating panic and definitely we retailers will sell in loss when it will move towards Rs 1). This might be a plan jointly by SKR and so called highly potential (!!!) LLPs. Let’s all be cautious. I am desperately looking some inputs from our senior members as before since for the past one week there was not much discussions/advices/suggestions from our experts (may be due to the frustrations with the promoter). We should be strong at this point in time and time to react.

[drjaysee]

Dear @Rathi_b/Admin/Logan/All members, please see the attached details of the warrant Allottee (Source of information collected from open source data which is publicly available at various websites/social media & nothing confidential to hide anymore – everything proved SKR’s capability) for all our reference and this may be useful when you will have meeting with SKR / during AGM for further clarification. Based on the technical potential of BCG, we all have trusted SKR. It seems everything almost went in vain due to the promoter’s unethical behavior. Besides, I would like to inform you that I have sent a private message on Dec 2 (after Pref Warrant announcement) through LinkedIn to SKR requesting his expected amount of stable long term investment which might be arranged through my source of known foreign nationals & shared all my details & contact number for WebEx /Zoom Meetings but no response from him since he has already got his known source of operators and published Allottee list on 4 Dec 2020. This is for all of our information please. Appreciate all the members advice for further step to clarify with SKR directly for the benefit of all the shareholders as well as to protect BCG’s reputation.

Attachments:

1. Pref-Warrants_Allottees-Details_BCG.pdf-1.docx

[drjaysee]

Dear @Admin / @Logan, yesterday late night I have shared the Table of details about the Warrant allotted firms/concern directors which is publicly available at various websites / social media etc. I believe some of our friends had already gone through the same. But later I have realized that before authenticate the information it’s not appropriate to circulate the information in the public forum to avoid any conflict of interest. Kindly share your email ID and I will send the Table to you. You can very the same and later you may publish if you are comfortable with the details. Thank you

[drjaysee]

Dear @Logan and Experts, I am sorry to ask about this.
May I know from when the Pref warrants will be accountable? In this case, the market capital will be jumped to 440 Crs (for around 84.66 Crs qnty) considering today’s market price of Rs5.18. Do we expect any upward movement on the price before we get any good news of Axis settlement? I believe the current price level of 4.95 – 5.20 is being controlled by either SKR or any operator. Pls share your expert views. Thank you.

[Author]

Posts