[J.Bedi]

@Logan – Lets not get hyper n personal. My only thought is to make level playing field for all. Otherwise we will keep getting manipulations in one form or other.

1. When CEO cant discuss in AGM, or any thing in between quarterly results but ready to meet same set of retail investors?

2. And if 60k investors drop him request to meet, is it mandatory for CEO to honour those requests?

3. Whenever retail investors have met CEO in past, what is materialistic outcome?

[J.Bedi]

IT IS MY PERSONAL OPINION AND I HAVE ALL RIGHTS TO BE WRONG..

No offense to anyone – Instead of meeting and discussing business future with City based investors only, why dont CEO releases press note for every single shareholder.

[J.Bedi]

Taking support at 6.65 twice this month. And high volumes seen in last hour.

[J.Bedi]

On lighter note – Might be they have forgot their corporate commitment on dividend ( Aadat nhi rhi thi dividend dene ki, They are not giving dividend for past many years)..

[J.Bedi]

First of all, nobody was interested in 5 paisa dividend (against painful patience of past several years). But when he announced it, it seems that they are serious about company’s future and its image among investors. Now they are not keeping their own words (forget about what we presume). And after such handling of dividend issue, we can expect what sort of big investors BCG could have got for its warrants issue. In service industry (especially in IT sector), promoters does not have much to suffer. But intangible asset – Corporate Governance is what matters. Either SKR is doing it deliberately or his team is not capable enough to manage BCG.

[J.Bedi]

All the optimism for last 2 months is fading now. Again Hope’s were given a fly but fearing of extending dark times. I am not worried about lower circuits but the way script is behaving like pendulum. Worst part of story is they declared dividend after so many years (to reward shareholders and improve Company Image) but no credit till now and Rakesh Bansal now telling on YouTube that few persons have approached him that they could make him interact with Skr for stake discussion. But he denied to go ahead due to Kolkata based jockeys (operators) active in script. We have seen long wait in past years while seeing all other scripts grow. It is not we had ever think of with such robust numbers quarter on quarter..

[J.Bedi]

Nair, efforts n hope should be on positive side. Nothing is holy grail, yes it has failed technical analysis many times. But we are still with BCG on hope it will fulfill our expectations. I could be 100% wrong but it has worked for me in this very same script. Let’s all Prosperous together..

[J.Bedi]

It should turn above 5.85 this time and complete inverted head n shoulder pattern before resuming any upward movement. Close below 5.85, can lead upto 4.8 or retest levels of 3.

[J.Bedi]

Lower circuit on Friday is not good from short term TA prospective. I am afraid It could again be in range of 5-6. And it has to stop moving in circuit to circuit (either upward or downward) for better performance in long run..

[J.Bedi]

You can find it in his recent youtube interaction January 08) which he conducts on weekly basis. BTW when is dividend expected to be credited?

[J.Bedi]

Rakesh Bansal advisory (known face on Business Channels) is also exploring BCG to invest.

[Author]

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