[Follower of Logan Sir.]

@radhutheoptimist, Pls note its not script but SCRIP. Script writing is for movies.

[Follower of Logan Sir.]

Same is the case here, Under no circumstances, I will not partake a single share of my holdings, Come What may. Cheers!!!

[Follower of Logan Sir.]

Well said Folks, Thanks for educating me.

[Follower of Logan Sir.]

Individual share capital in excess of Rs. 2 Lacs increased y 15 Lacs i.e now 15,60,02,922.

Any Other (specify) increase of 15 Cr shares, Now @ 30,28,30,946

Bodies Corporate Increase of 15 crs, Now @ 22,51,21,491.

[Follower of Logan Sir.]

That means all selling gone, Reversal on the cards soon say coming Tuesday or Monday also.

[Follower of Logan Sir.]

SHP out Dated July 28. Promoter 25.01% Qty of shares 18 crs plus remains the same. Cheers!!!

[Follower of Logan Sir.]

@brightspot. Our Promoter SKR word is the final word, Till now he has implicitly walked the talk, That means honoured all his words till date & He is definitely right on the spot. It will happen for sure with time. We have to wait for it.

Any idea you have with regards to who the sellers & buyers were on 28Th July 2021. Mysterious to say the least as no disclosures till now.

[Follower of Logan Sir.]

Folks, FYI,SEBI extends deadline for filing April-30Th June 21 corporate financial results to September 15Th 2021.

That means we can expect our company qtly results within the time specified & Supposing company will be declaring good results, Then it will start factoring the share price before the results are declared.

Lot of fireworks in store, Only thing let everything go as planned, Which I think ought too.

New kid on the block is indicating “UPPLER” Great speculative news, Let it transpire into actual’s that is all that we want, Is it not ? Cheers!!!

[Follower of Logan Sir.]

Loc in principle approved. Chk the Companys disclosure. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c4a9897c-91f8-4890-9268-5fc10b8e1853.pdf

Long time company disclosure, So can LOC come in soon then we Expect. Cheers!!!

[Follower of Logan Sir.]

Folks,Pls note, If a company is comfortably able to raise money from QIBs through QIP even in such uncertain times, it reflects about the good financial health of the company as well as shows institutional investor’s belief in the business model.

Also once a company successfully undertakes QIP, there is a some increase in share price of the company. This indicates the overall positive sentiment of the shareholders of the company. Cheers!!!

[Follower of Logan Sir.]

As Much as I know & Understand these are the thumb rules:-If the size of the issue is up to INR 250 crores, there should be at least two buyers (QIBs). If the size of issue is above INR 250 crores, there should be at least 5 buyers (QIBs).

Similarly, if the issue size is more than INR 250 crores, a single buyer cannot be allotted over 50% stake.

Promoters of the company cannot participate in this type of issue.

The company should issue minimum of 10% of the total allotment to Mutual Funds.

As per 4th Point, It is good through QIP, Promoter can bring i MF.

[Follower of Logan Sir.]

I think in a day or two Pw allotment complete.Total amount in company’s kitty. Now Remaining is QIP of Rs 1500 Crs. Will get decided on Aug 5Th. Lets see at what price its is determined. May be near to 50-52, Just a wild guess or May come at a higher price also if there is a run up in share price due to declaration of record date for bonus share which might be after Aug 15Th 2021.
I am not so sure.

For the uninformed who wants MF to enter in, Normally they enter in at a price of above Rs 250/- not before that is my understanding.

All in all 5Th Of Aug 2021 will be an interesting day to watch out for. I am eagerly awaiting the outcome of it as all of you are.Till then enjoy the rains & Chill.Cheers!!!

[Follower of Logan Sir.]

Sorry, 40-10 equals to 30 price will get quoted on Ex date.

[Follower of Logan Sir.]

I mean prior to ex date price is 40 then it comes to 32 price adj on Ex date.

[Follower of Logan Sir.]

Example ptice on Ex date is 40 divide it with 4, Comes to 8 & Reduce it from price of 40 comes to 32. That is it.

[Follower of Logan Sir.]

Faster it is done, Good for all of us. Hope LOC also comes in now as mentioned in the last concall from the Horses mouth ( Promoter Mr Suresh Reddy ) That will change the game forever as Listing on Nasdaq will also happen early. I think it should come around somewhere in Dec 2022. All in all, Everything Hunky dory. Cheers!!!

[Follower of Logan Sir.]

Latest news, Allotment complete.https://www.bseindia.com/xml-data/corpfiling/AttachLive/e5d9aaba-d27d-40b0-aba9-f84920ea916f.pdf

[Follower of Logan Sir.]

@vgsatwork, Fully endorse your view,It will move in a range as all events/News has got factored therefore the rally up till approx 58. In short once again a waiting game. Consolidation mode now for next 1.5 to 2 months, Eventually will make new highs once consolidation period is over. One good thing that will happen is this L/C, U/C drama will get over & Stock will trade normally.

As of now HOLD all the shares, Not to part away with a single share come what may. Long way to go.

Also note Tanla has announced buyback of its shares at rs 1260. Here in Brightcom the operators have brought back the shares of Brightcom at rs 50 for the last two days. These shares could be sold in the Brightcom buyback offer wgich will come at rs 600 plus. Good for the company weak hands are moving out and the price which the company have to pay to remove them out of Brightcom is one twelveth of the future brightcom buyback of shares offer. This buyback offer shall come within a year just before Nasdaq listing news comes out. Cheers to the ones still having Brightcom in their Demat account.

[Follower of Logan Sir.]

All dilly, dally tactics, Informed seller has sold at the peak & Once again swoop all the shares at one go at the most appropriate time,That is when the record date is declared Otherwise who on earth will sell his shares knowing the fact of 4 is to 1 ratio as well as dividend of 0,05 Paisa on the cards. The informed seller has taken advantage of his deep pockets to scare away small time retail investors knowing the fact that record date has not yet een declared. Understand the game & Play accordingly, That is simply hold all your shares, Not to sell a single share under any circumstances however strong the hammering. A ird in hand is worth two in a ush. Cheers !!!

[Follower of Logan Sir.]

Folks, Pls note, One more view, Last ditch attempt from vested interest to drive away retail investors, Dragging the price down will go on till Day 5Th Aug 21. Not to fall prey to it. Hold all your shares tightly, Do not give it away under any circumstances as you will not only loose from your kitty the shares that you hold, Also you stand to loose the 4:1 share ratio as well as the dividend of 0.05 Paise. HOLD is indeed the call now. Keep also in mind after issue of ratio 4:1, Price will get adjusted accordingly as 4 is to 1. It won’t last long, That is the time one can add as pocket permits. Company Qtrly results round the corner which will give further impetus to the rise in price provided the results are good. Feather in the cap is the acquisition that will also fuel the share price further if it turns out profit accretive which will happen in due course of time. Keep in mind LOGAN Sir words, Value was always there, Unfortunately delayed recognition has happened, Capitalize on his words as his words are Golden. Golden period has started & Solid developments like LOC will also happen, Listing on Nasdaq will also happen as the great CI sir seldom fails on his perspective. These are not shares rather GEMS, Preserve it. All good things will happen who are ready to wait.
Ending with one shayari, KUCH LOG JO JAADA JANTE HAI,INSAAN KO KAAM PECHEN TE HAI. Cheers!!!

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