[explorer]

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.

https://www.mediamint.com/

They have shown tremendous growth in the recent past(based on head count growth)

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[explorer]

@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.

[explorer]

Just an update..after couple of follow-ups, I got my dividend now. Sending email to ir@brightcomgroup.com with your DP ID and bank details might help.

[explorer]

Have you guys received the dividend? If no, please hit like.

@admin, can you create a poll please? Many like me would like to know what percentage of the investors have received the dividend.

[explorer]

I am on hdfcsec. I neither received the current one not the previous one. I will give it a week before officially lodging the complaining with both management and on scores portal.

[explorer]

@sobha If he can share the info in the office why not in the public forum? BTW I’m not aiming at individuals. I’m aiming at all the members who support this approach.

[explorer]

If you think we have collective responsibility we should be putting pressure on the management to disclose the needed information through the exchanges and not to the individuals. Can someone quote the messages in this forum even in the conference call? I’m sure the management will refuse that. If that’s the legality why do we confuse the innocent investors?

[explorer]

Sharing any information to the selected individuals about the company that’s not on the public domain and that will influence an investor to make buy/sell decision is nothing but sharing insider information. Some members in the forum had that insider information when the Hyderabad team met the management and you all hailed the team. Not all 40k investors know about this forum and the ones who are not in this forums don’t have the insider information. Similarly now we don’t know about the dividend status and I’m surprised you guys are complaining about it. Why double standards?

[explorer]

@sobha my main concern is that the management has shared some information to some investors and I’m not sure how reliable that they are. For example, it has shared EY audit results to the investors who went to the office. I live abroad and I can’t afford to visit the company in person. Am I less privileged then? EY audit report will be a crucial info for an investor to make decision. Is it not like sharing an insider information to certain people? This kind of attitude from the management is what drives the investors away and we are happy encouraging that because we believe we are getting some benefits. If you are happy with the management sharing info to selected people, then don’t complain if the management doesn’t share the dividend info with you. Maybe they would have shared that with the selected individuals and you are not privileged enough to know that.

[explorer]

^** take the info or leave it

[explorer]

For those who say “take the advise or leave it” – what’s the difference between mmb and this forum? When this forum was started, I found it useful because we were discussing about the company, its performance, results, issues etc. Now it has become management’s main channel of communication. Not very far before people start distrusting this forum.

[explorer]

If we let people posting messages claiming the messages are from management, I think this forum will become another platform for manipulators to trap innocent investors. Either provide evidence or don’t post it at all. This is my personal opinion.

[explorer]

@drjaysee nothing against you. My point is it is easier for the management to communicate through the exchanges than to find the WhatsApp number of a complainant and convey only to him. What is the motive here? Maybe the management thinks that the information will reach the forum if it is passed to you? Even I wrote to the company couple of times in the last two weeks. But haven’t heard back from them. Forget about WhatsApp, not even in email. Not sure how they are selecting the investors to respond to. I’m sure many others in the forum also have written. Why only you?

[explorer]

Guys, Let us be cautious in passing unofficial information coming from officials. If dividend account setup was the actual issue, it should have come through the exchanges. Management will do such things only if they don’t want be held accountable for what they are telling. Doesn’t mean the person passing the message is lying. But possibly management is using some of us as messengers to pass wrong information. Just be careful and don’t take anything that’s not through exchanges at face value.

[explorer]

I completely agree with @diana horton. It is so unfair for the nonlocal investors that the management discloses certain information to them. If that can be disclosed to them, why not release that to the exchange the next day? What makes the local investors special? And how do we know that the information from the management is not manipulated before it is passed to the forum?

[explorer]

Can someone please explain me what the 683cr “Other Advances” under “Loans – Current” mean?

[Author]

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