[headstead]

Dear Rags to Riches, I am happy to address your question. with a little bit of history. My original recommendation for Tanla was at Rs3.50.
Thoise days ‘kiranam ” was the only boarder in Tanla board, who had a love hate relationship with Tanla. I had studied Tanla for almost 5 years prior, and had seen its glory days and its fall to single digits. If i remember correctly Tanla used to quote in excess 0f 800 Rs. It had its fall almost in tandem with Nokia, and made costly acquisitions and ended up amortizing and depreciating assets over several years, and during that time it came from high triple digits to single digits. I recommended Tanla, when I knew that Uday and team had completed their job of amortization over several years. I saw their core VAS messaging picking up. That was the inflection point at 3.5. So much of history and effort from my end. I am glad it benefited so many. Personally I had 1.75 lakh shares of Tanla purchased at Rs 16, and i moved out to BCG at 28.5. A humungous loss which words cannot explain. If I look at the opportunity cost it kills me every day. And if I do the math, that would be my end.

Now coming to BCG, most of us know what has happened and is happening.

BCG is too strong fundamentally, and the biggest market anomaly even today. It has got ridden of a lot of market related woes, and of course at the cost of long term investors like me who stand shattered and decimated.

We are at the fag end of a prolongated and dirty ordeal.

And trust me BCG will cross Tanla within a year, wherever Tanla may be.

I am an extreme fundamental analyst. And the amount of time and energy spent on BCG is enormous.

Wishing you all the best.

[headstead]

A nice update

[headstead]

Recently our govt has set aside USD 13.2 Bln Agri Infrastructure fund for Agritech to solve supply chain woes.

[headstead]

Hi Sandy, I agree with your thinking. But with one caveat. Even with the current earnings. we need to do a significant catchup on the PE multiple. the growth story here can be two pronged a) DM and b) AI / ML. I think the Top Mgmt was meandering all these years, between, a couple of options in the past few years, namely , !) Ecommerce 2) IOT and 3} Blockchain. they were certainly distractions and notably worthy ones and in the same chronological sequence. And then came AI /. ML. And for real, the rest were mere cases of testing waters. I think we are really serious about AI / ML and have forayed into Agri and Medical sciences as well. by the time we reach a PE multiple of 15 for the current business, am sure we will be noteworthy on this new arena.

[headstead]

Thank you Admin, for having me in this forum. It’s me “Headstead” wishing you all a bright future in BCG.

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