[Longplay55]

It appears that MCA data base is not updated; and highest probability is that, this data is showing paid-up capital prior to 2nd bonus issue of 2:3…..!
Rest other sites are showing 404cr of equity capital. Keep your fingers crossed, by any chance if equity capital is reduced (for any unknown reasons), then it’s a big plus for valuations. Its a win-win situation.

[Longplay55]

@Logan….. thank you sir-ji, for in-depth and detailed update on BCG affairs…..I honestly feel its high time that, SEBI should appoint KMPs on BCG-board, so, company’s CG and day-to-day business affairs get streamlined. If it’s left to BCG’s current board, I am afraid, we will have another SKR, like the new auditor. By the way, I am heavily invested in BCG since long but NOT married to the stock, so SEBI’s decision or the Company’s decision will help me make my decision…..! Sooner the better!

[Longplay55]

Logan ji,
thanks for the updates!

[Longplay55]

@Logan ji, …..Sir, thanks a lot for detailed reply….I like your differenciation between ‘pure devil’ and ‘stupid devil’….which SKR (SOB) is…..let’s see what lies ahead …..I wish all the very best to Dr. Radhakishore Pandrangi for next subsequent actions to be taken on BCG’s board……by the way, in recent past, Vangaurd & Nippon have been increasing their holdings in BCG.

[Longplay55]

Hello all optimistic boarders,
As per screener data, by September end, Public holding is 71.97%, FIIs @9.53%, DIIs @0.11 % and Promoter@18.38%…..so, vkhare789 ji, funds / institutional holding works out to 9.64%, i.e. close to 10%…..!

[Longplay55]

Dear Logan ji,
Good afternoon sir, and hope you are keeping well!(healthwise)
It’s almost close to a month since your last article appeared, and I am personally feeling sort of ‘info-vaccumed’, especially after current Israel war affairs…..you had quiet optimistic views on BCG’s Israel unit business… Is it possible for you to update considering your recent studies ??? I will be highly obliged to read any business-updates (+ve /-ve) in this regard alongside rest of the boarders.
Thanking you in anticipation!

[Longplay55]

@Logan…thank you for the updates and sharing your feelings…..what my understanding is…the entire issue boils around Rs=869 Cr. of “impairment” and not fake revenue or fake profits (correct me if I am wrong)….if you closely look at PW, allotments were made in 4 different trenches (1)3cr shares @ Rs=10.00; (2)33cr shares @ Rs=7.7; (3)14cr shares @ Rs=37.7; and lastly to SS, 1.5cr shares @ Rs=37.7…..this all adds upto Rs=869/-crores; however, BCG has received peanuts in their books against all 51+crore shares allotment….I have no idea whether these 51+cr shares were entitled for bonus or not ?? If PWs are cancelled, there will be paradigm shift in BCG earning, and eventually market will give BCG its “due”….
It’s a matter of time…I guess so !

[Longplay55]

@AdUp…….yes, Headstead is back on MMB, and he could be an excellent value-addition to this forum…..Like Logan ji, he has in-depth knowledge in Ad-Tech industry vis-a-vis stock-market-valuations & has got ‘problem solving’ skills instead of messing-up with issues. For me, he appeared to be “result-oriented’.
Since he is a Gold member on MMB, it appears; his profile is not accesable to others, hence we need to request him on MMB portal. But for sure, Headstead is worth addition to our forum.

[Longplay55]

@Logan,
Please accept my sincere thanks and appreciation for your in-depth knowledge & info about ad-tech industry and BCG.
Kindly continue posting such informative articles, so that small investors like me/us can update ourselves, and get our investments in right direction. From many of your articles I understood that, you have health issues…..so I pray the All-mighty to grace you good health throughout your life span.
About SKR, your views are absolutely correct & I salute you for that. I am not a blind supporter of SKR. It is easy to give lectures on ‘how to run a business”, but in-practice, to run business worth 10000 crore turnover with 2000 cr of net profit is a herculean task. I wish all the very best to SKR and his family thru this platform.
Thanking you once again “Logan ji.”

[Longplay55]

Dear fellow boarders,
my views are —the current adjudication order is for Sept’21 to Feb’22 period, for personal trade violations, and is separate from earlier SCN related violations. Rs=1-lak & 4-lak penalty is minor issue and importantly it’s not on BCG as an organization.
Issues are getting resolved one by one….though slow…..which is +ve for company’s image.
Also NSE indices Ltd has included BCG in NIFTY500 VALUE50 Index, effective 30th June.
Cheers for BCG’s growth prospects by coming Diwali and ahead.

[Longplay55]

Dear active fellow-boarders…..for your academic interest and to see ray of hope, you may check a detailed and un-biased article on Money-Control by Jayant Thakur, dated 28th April, titled…..SEBI’s Brightcom order : many firsts in a complex area…….

[Longplay55]

Some friends here, are talking about short deliveries and confusing themselves with short selling…..to the best of my knowledge, short selling (shorting) is possible only in F&O scripts, and by God’s grace BCG is not yet in F&O….. understand how impotent is promoter’s
credibility in financial markets……Inspite of such fantastic performance and results, operators are playing with it, so big investors are keeping away from BCG…..and the outcome is right in front of us….

[Longplay55]

Thanks a lot @Logan for questionary to SKR, very valid and apt questions on behalf of retailers like us; however I doubt integrity of SKR to answer them in open. If you read SKR correctly, last year, this time he was giving adequate announcements to the Exchanges to in-directly jack-up the price, but now he is keeping silent inspite of such a ‘fantastic’ financial performance. I wish, SKR comes out with truth on SHP and FA issue at the earliest.

[Longplay55]

This is with respect to DSIJ Award…..though this award is addressed in the name of Mr. Singaraju, actually it’s awarded to “BCG” as a team; and whole heartedly I congratulate Mr. M. Suresh Reddy and his ‘entire-team’ for achieving this another feather in BCG’s cap. Personally, I appreciate the efforts being taken for all-round growth of the business !
However, I sincerely request Mr. Reddy to take an “oath” to improve on ‘Corporate Governance’. Trust me, there will be abundant money coming in for BCG stake holders, however, ‘legally’, ‘morally’, and ‘ethically’, correct money will bring in “prosperity”.

[Longplay55]

Dear Rathi_b and Hydrabad Team…at the outset, I must wholeheartedly thank you guys for taking efforts to meet Mr. Suresh Reddy in person. You have done a great job on behalf of retail investors like me who had reposed faith in you. Now, though, the answers from SKR are no-different to what was said earlier; however it gives us added confidence / assurance to continue holding to this investment. Personally I am invested from 2016 / 17 onwards and will hold till end ’23, thereafter subject to EPS growth and market conditions.
God bless BCG and it’s long-term investors.

[Author]

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