[lycos.rags.to.riches]

Two quarters have passed since the inflection point comment made by SKR and we are still in single digits.

[lycos.rags.to.riches]

yes @Rathi_B this week is very critical. Hope the tide is turned around, yes all long term investors are being made fool whereas short term investors sell at 7-8 and buy again at 3.

[lycos.rags.to.riches]

I do hope BCG is having alternative plans of LOC is getting delayed. OAK was willing to fund 150 million and back tracked due to Daum case. Will it be prudent to reapproach them as DAum will not obstruct now.

[lycos.rags.to.riches]

Yes today is a shocker really, didnt expect to be in lower circuit.

[lycos.rags.to.riches]

I think the guys staying in Hyderabad need to help out the guys in this forum to find out the facts directly from SRK. Looking at today’s lower circuit i dont think market is expecting Axis bank or any matter to be settled soon.

[lycos.rags.to.riches]

Tanla is having a live webcast of their AGM in youtube, hope we have a similar one for brightcom.

[lycos.rags.to.riches]

Looks like the price will go up only when the operator decides to do so. No action is creating momentum in the stock.

[lycos.rags.to.riches]

A good move by promoter. Hope issues are resolved sooner than later. If he buys another 200K in the next couple of weeks it will really show his intent to the market that his company is about to rocket.

[lycos.rags.to.riches]

G Group has done it again today doing trade among themselves

[lycos.rags.to.riches]

It wouldnt be much of an issue if the 30 crores are not blocked.

[lycos.rags.to.riches]

@MyShport the company legal team should have evaluated all possible options.

[lycos.rags.to.riches]

I wouldnt say it is sick, it is bound to be postponed many times as it is a court case. Matter can only be solved out of court.

[lycos.rags.to.riches]

Today another block volume in BSE of 51 lakh shares, hope someone is acquiring free floating shares instead of transferring from one entity to another

[lycos.rags.to.riches]

The biggest secret is the G Group who are grabbing the shares but dont attend conf call and ask questions to know whats happening with their investment.

[lycos.rags.to.riches]

@tanv51 Until BCG gets the LOC money and utilize the money to settle Daum everything will be secret.
Until everything is out in the Open, no big investor will invest. So everything depends on resolving the issue which will allow SRK to be transparent.

[lycos.rags.to.riches]

Uneccessary panic is being created in the MC forum saying that LOC is stopped.

[lycos.rags.to.riches]

Not sure even if Axis accepts the repayment plan whether BCG will update the exchanges. SKR has been updating exchanges only if the event/issue is successfully resolved/implemented, recent event being the appointment of director. There was no hint about the new director even in the conf call, it was only informed only he officially joined.So only when the repayment is done and the pledged shares are released we might get to know.
Similarly Axis/Daum/LOC will be informed to exchanges only when it is completed successfully

[lycos.rags.to.riches]

@tanv51, I dont think BCG can update anything about virtual analyst meet, Analyst meet are just to answer queries/concerns from analyst regarding the business of the company.There wont be any immediate outcome out of the meet. Nevertheless it will increase the exposure of BCG’s business coverage

[lycos.rags.to.riches]

Bringing in a experienced director gives lot of credibility to BCG and its management.
New director can also help in bringing in new investors and mutual fund investment.

[lycos.rags.to.riches]

@Rathi I too assume it should be few more days, hope it does not become few more months.

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