[Lycos_Investor]

@lm The writing is on the wall now, no one need to give directions and target prices now. BCG is typical penny stock in the market which can be made to dance according to operator tunes. As the management has left the shareholders on the road, operators have taken huge advantage of the situation.

I assume Only buyback or huge dividend from management is going to improve our situation.

[Lycos_Investor]

Trend is worrying and hope the doomsday prediction in mmb is proved wrong. Else we long term investors remain fools dreaming big.
I understand SKR is trying his best to solve issues and grow the company, but he also needs to do something about increasing stock value. Announcing a good dividend or a buy back is the need of the hour.

[Lycos_Investor]

I meant to say one goenka account to another

[Lycos_Investor]

Just wanted to know what is the advantage of moving shares from one account to another account. Can anyone share light on this.

[Lycos_Investor]

Today’s bulk trade is another Goenka play, not related to OAK.

[Lycos_Investor]

Going by the trend, looks like 2.30 might come. Some serious manipulation going on which no can prove. Short term investors are getting rewarded, long term investors continue to suffer.

[Lycos_Investor]

Positivity found among the shareholders with the recent developments is having no effect on the share price or the Goenka’s.

[Lycos_Investor]

Good to see that Headstead’s post has not been reported offensive in mmb. There were days when posts were reported offensive within seconds of posting. This forum has made mmb irelevant.

[Lycos_Investor]

As i understand, Looks like Brightcom Israel is growing a lot and Rest of the lycos/ybrant/brightcom offices are hanging around supporting brightcom israel’s sundry work or back office work or kind of BPO.

[Lycos_Investor]

based on brightcom tweets, looks like Literally media is controlled by brightcom.

[Lycos_Investor]

SO are we saying that the stock price will be between 2.4 – 5 till OAK exits(September), some one told OAK’s expiry is in september

[Lycos_Investor]

Oh my god, are we moving towards another story of OAK exit.

[Lycos_Investor]

@kpal, i strongly disagree with your view “Nothing else counts. Rest are all passing events which will come & Go as usual”

Everything counts and we have to make sure management is accountable for what was said in the conf call. Management said 2 months in June, we have given 6 months more.

So i would request everyone to send mail to IR to share more details on the pledged shares. I am not asking everyone to ask when it will be released, i am just asking how much is pledged with each bank.

[Lycos_Investor]

I would urge everyone to send a mail on this to IR team

[Lycos_Investor]

@kpal i understand most of the initiatives involves multiple parties which he cannot commit to a particular time period, even if he commits there are chances that it might slip.
Couple of things was completely in his hand

Dividend: He didnt want to give now, understood he wants to solve all issues

Release of pledged shares: A normal tendency is when you clear off loans you will be on your toes to get everything back from the bank, i dont understand the delay and the delay has to be better explained. The release of pledged shares has nothing to do with Daum settlement.

[Lycos_Investor]

Let me mail them asking these questions, SKR had mentioned that he will improve investor relations in this concall. Hope i will get a response back.

[Lycos_Investor]

Alternatively if anyone has relevant contacts with SBI and Canara Bank who can explain the process of pledged shares release and the easiest way to do it. We can share the same with management, as the management is more focused on growing business, we shareholders might have to help them 🙂

[Lycos_Investor]

Regarding the pledged shares, We definitely missed to ask couple of questions.

Pledged shares response in the Jun 2019 con call
“Yes, once the bank payments are made, they will be released. ”
Followup question in the same june 2019 call.
One is your pledged share, which really (inaudible) to invest further, which you told that you’re going to take back within next couple of months.

Response: “Correct”

Similar question was asked in the Q2 concall, his response was he doesnt now in the back of his mind how many shares are pledged.

We got similar response in Q3 concall.

So now the questions to be asked.
How many shares are pledged with each bank
Shares pledged with financial institution other than banks.

I have never got a response from the IR team, it would be nice if anyone who has previously got responses from the IR team mail this question and get response.

[Lycos_Investor]

Friends lets not have personal fights on this forum, we have similar fights on mmb forum and lets not do the same.

[Lycos_Investor]

@Harsha Its really a mystery. Everyone has come to terms , that BCG share price has nothing to do with fundamentals or future potential.

[Author]

Posts