[Lycos_Investor]

@lm so what should we do now? Indian Markets dance to the tune of the operators. operators might have management support or might not have. No way to prove the nexus.
Either we believe in what is being said or sell and invest in Infosys, TCS.

Generally the price is inflated, BCG is a mysterious case where price is deflated and management has no concern.

[Lycos_Investor]

Analyst meet date will be intimated through a letter which he said will be published next week.

[Lycos_Investor]

Yes, waiting for his first promise to see the letter for the analyst meet. Even though no major outcome is expected from the meet, atleast it is good to know management is ready to get scrutinized.

I assume the analyst meet should happen after the PO allotment and Muskaan team guides BCG further in handling the analyst and market expectations.

[Lycos_Investor]

In my view the priority is to get the considerable amount of pledged shares to be released.

[Lycos_Investor]

@jays i dont think there is anything left in the stock to hammer mercilessly. Our stock price is 5.15 not 51.5:-)

I strongly believe the stock will gradually rise towards 10, before further positive news taking it to greater heights.

[Lycos_Investor]

@admin were you able to convince headstead in joining this group.

[Lycos_Investor]

Friends cool down, just saw the messages. Surprised to see so much negativity after the conf call,Yes there are postives and negatives from the conf call.I would say the positives outweigh the negatives. And i would appreciate SKR for accepting a 2 hour conf call and his patience in answering each and every question.

SKR COnfidence level was very high and he was more forthcoming than his earlier calls. Even though he could have given more details in some areas but neverthless i appreciate his efforts.

Positives
Initiatives adding on to the topline business
Compass 2.0: Enhanced to avoid bot traffic,tool is well recieved. Company believes it should bring in more revenue.
AI growing in agriculture sector, Agri client added, they are yet to see money in this area but things look positive.
Hardware Product – Advanced stage on a new hardware product worked upon by Pisipati president, they were expecting a big order but there is a delay.

Coporate Update:
Improve financing and global audit: 12 subsidaries to be merged and audited for access to capital.Conservative timeline 3 months.

Loan Closure:
Canara Bank: Loan closed
SBI Bank: Loan Closed
Axis Bank: OTS amount discussed should be closed by next conf call.

Share value:
SKR believes the company is massively undervalued.
Buyer identified for OAK shares, SKR will make sure OAK shares wouldnt reach open market.
considerable amount of pledged shares will be released by the next conf call.
Analyst meet planned, date of the analyst meet will be anounced next week.

Daum Closure:

95% done, 5% legal negotiations pending.
If i rightly heard, 214 crores are in liabilities out of which 114 crores are for daum settlement. Someone can correct me if iam wrong, audio was poor when he answered it.
Agreement will only be signed if BCG has the money to pay it and Daum will agree only when we show the proof of money.

Recievables:
Quality of recievables are good and then there is no write offs.

Negatives:
No commitment on dividend for next quarter.
No name announced for auditor – Silly reason given for the same which i dont agree.
Nothing revealed about the hardware initiative – I dont think a comptetitor will join conf call and steal the business plan and most importantly we dont have any Indian competitors.

With all the above initiatives, i would be really surprised or rather disappointed if the stock prce doesnt go up from tommorow. I think it is the right time for the stock to achieve its lost glory and get rerated when all the above initiatives are achieved.

[Lycos_Investor]

Good to note that the final amount and mode of payment for Daum settlement is agreed by both parties.I hope we would get some hint on the final amount and the time by which the issue will be settled in tommorow’s conf call, even though it has been mentioned as confidential.

[Lycos_Investor]

Friends, I faced the same issue when i dialed the UK number as it used to ask PIN, then i had to dial the India Number. But in the last quarter call the india number was not getting connected, so i dialed the UK number again and entered the PIN as 1234 and the operator repsonded.

[Lycos_Investor]

@admin. it would be better to pin/bookmark this conf call link till saturday.

[Lycos_Investor]

AKG buying shares is nothing new, usual Goenka Play.

[Lycos_Investor]

Lets not jump into conclusion. But one thing for sure management is working hard to resolve issues. I hope there will be major announcement after the meeting which will make sure the conf call goes smooth on Saturday

[Lycos_Investor]

I understand the board meeting for discussing the PO results, not sure why the feedback has to be discussed in board meeting, generally the feedback on any agreements are dealt with by the legal team.

Hope we have some conclusion in the board meeting, it will be very rude if we get an generic update saying feedback from daum has been incorporated into the agreement and sent for further comments… and the story continues.

[Lycos_Investor]

I assume everyone waiting for the conf call, we have discussed every aspect of BCG in detail so very little left to discuss and more questions to be answered from management. Unless if company insider can share some interesting news which will be of value to investors.

[Lycos_Investor]

Time for BCG to focus on Indian market as well.

PhonePe, Paytm line up Rs 2,000 crore for marketing

Read more at:
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/phonepe-paytm-line-up-rs-2000-crore-for-marketing/articleshow/74183990.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

[Lycos_Investor]

@VB Yes you are right and the investors are well aware of this. That’s one of the reason we didn’t have much discussion after the mind boggling results. Many of us waiting for the conf call before jumping into conclusion.

The way Daum settlement updates have been shared makes me jittery.

[Lycos_Investor]

Just looked into the Q3 results.Not sure if this has been discussed already over the weekend.
Any idea what constitutes the 11 crores other income in the statement.
45% increase Q-O-Q in the digital marketing segment is astonishing.

[Lycos_Investor]

@kpal Silence before storm on 22nd Feb 🙂

[Lycos_Investor]

Thanks, Yes i am expecting the same this quarter too.

[Lycos_Investor]

Any idea when the results will be posted

[Author]

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