Forum Replies Created
I doubt the intention of the admins. A couple of months back, I posted a message about nonexistent of the US based subsidiaries with proof. The admins rejected the post. This would have helped some retail traders knowing a part of BCG’s story. Any idea why it was not allowed? Happy to post again if the admins allow.5+
Morning Context are crossing their limit. If they can show their hatred towards us like us this, obviously we can retaliate and show our love towards them by rating their app on playstore. I’m not asking you guys to rate it one star. But give your honest feedback based on the stories they have written about brightcom. Here is the link.
This will help them improve/correct their mistake. Let us help them 🤪
I agree with @hw_tw that the company cannot do anything about the audit and reputation damage already done. But it can do a lot of other things to rebuild it.
1. The company was planning to improve its accounting practices and in the AGM we were promised that the investors would be informed about it. The company can let us know that.
2. Promising Limited review report of its consolidated statements for the current FY.
3. The company was expecting 250Cr FCF by end of March. So by now, they should have some cash that can be used for ESOP buying. Use a small percentage to buy some taken shares in the ESOP account. This will improve the sentiments.
4. Provide forward guidance for growth and FCF for the next FY.
5. Inform if they are going to stick to the dividend distribution policy which states 15% of FCF will be distributed.
I think it is the right time to use the fund reserved for ESOP. Though the quantity it could buy could be less but it will increase the confidence level of retail investors. This fall has driven away a large number of retail investors. The company must remember the share price is still supported by retail investors.7+
I did further exploration and the below link lists Aditya Vuchi and Neelima Marupuru as the directors along with the CEO of TensorGo, Chilukuri Srinivas. Now the question is, did we get TensorGo as well for 566Cr?.
In relation to my previous post, both MediaMint and TensorGo operate from the same IT park. MediaMint is on the 5th floor whereas TensorGo is on the 1st floor. There is another company founded by the Ex-owner of MediaMint(Aditya Vuchi) that operates from the 1st floor of the IT park. Any insights, Hyderabad guys?
I have been trying to understand how exactly MediaMint can help with Brightcom’s operational improvements and I came across an article on MediaMint’s website which talks about improving operational efficiency through automation. The article says MediaMint has built out a development group called TensorGo to build few capabilities. TensorGo seems to be an AI startup. What do you guys understand from this article? Is TensorGo owned by MediaMint? If so, we have more things to cheer.
Thanks Admin, for creating this forum and thanks everyone (special mention to Logan) for keeping the spirits high. Though my journey with Brightcom started in 2014, it was a difficult one travelling alone. If not for this wonderful community, I’m not sure if I would have sustained this longer despite my confidence in BCG. Though at times I needed my capital back for personal reasons, I decided to delay my gratifications. I’m glad that my decision is being rewarded today. Keep supporting each other, we will grow together.
We discuss a lot about Adtech but hardly anything about the media division of the company. BCG is foremost a media company even before it ventured into the Adtech business. Can someone throw lights on the list of media we own? is https://literally.media/ owned by BCG?
I’m curious about this because the websites owned by Literally are worth tens of millions of dollars and they seem to generate good revenue as well based on their traffic. I understand these websites are operated by the company but are they owned as well? If so, how stupid was the market to value the company for less than 500Cr for such a long time?
http://cracked.com owned by Literally alone generates a revenue of 24 million USD as per below. Not to mention, the profit margin will be much higher when both owned and operated.
Just a thought. I know this forum has been doing a wonderful job by spreading the right information to the people thanks to the administrator and the contributors.
I introduced Brightcomgroup to a couple of friends. As newcomers they had few questions and I directed them to this forum as I thought it would be a better idea to learn from the intelligent community than me. Though this forum is rich in content, they seem to be having trouble searching for information. Some of the valuable information is lost/not easy to find in the threads. So I was wondering if we could create an index for frequently asked questions. That way we can point all the newcomers to the document. This will also avoid repetitive questions on the Telegram group.
Those who still keep questioning the name changes of the company should try to understand the reasons as well.
1. Lanco Global to Ybrant Digital – Ybrant got listed in India by reverse merging with a listed company called Lanco Global. When acquisition/merging happens, why would any company want to have the name of the smaller company? Ybrant Digital had better brand value than Lanco Global.
2. Ybrant Digital to Lycos Internet – Ybrant Digital acquired Lycos. Lycos, even today, is a popular name in the US. To give an analogy, what Yahoo used to be in the 00s Lycos used to be in the 90s. Ybrant wanted to capitalize on the brand value of Lycos, which is one of the many reasons for the acquisition. To know how popular Lycos was, go through its wiki page.
3. Lycos Internet to Brightcom Group- Because of the settlement dispute with Daum, Lycos lost the trademark and the company was forced to change the name. Even when the dispute was in court, Daum objected to the usage of the Lycos trademark(see point 12 in the attachment).
I think there is a difference to certified partners as opposed to non-certified partners.
The following link details the difference. Currently there is just a handful of certified partners across the globe(53 as per google). I’m glad that our company is one of them. Having the certified partner badge in itself will attract and bring a lot more publishers and advertisers.
I hope to see Brightcom very soon in this list
Based on the hints given by SKR, Mediamint is likely to be the company that is being considered for acquistion. They have their presence in US and Europe(Poland) and they have over 1100 employees. They work with Hulu, Disney, Netflix, Pinterest etc., The services offered by them(product strategy, product development and operational support needs) align with the description provided in the company’s LOI disclosure.
If the speculation is true, it is a great news for us. From my analysis, they work for the same industry but offer distinct services and so they will complement each other well. With cross-selling services to the existing customers of both companies, I can foresee the future EPS that SRK promised.
They have shown tremendous growth in the recent past(based on head count growth)
@logan I sent an email with my DP ID asking about the status of the dividend for which they responded asking my bank details. I gave them the details and the money was credited yesterday.
I have an NRO account.2+