[mayur]

so much liquidity is there with retailers and HNIs, nothing will help other than buying it with looots of money in initial stage, faster the rally, lesser the interest cost and other headaches.

an open offer by an investor to buy 2 cr shares and 30 Rs is what i would consider right away if 60 Cr is in hands. that will stop selling in market, trigger buying till 30.

[mayur]

why bcg should move fast now?

companies which usually turnaround on financial parameters from losses to profits, they grow as per financial growth and future projections. But BCG is RE-RATING story, and thats how management should portray boldly and get the prices up by any means to a decent PE.
In India, “BHAV BHAGVAN HAI”
earlier management understands it, better we will perform in long run.

unmost focus should be on establishing strong mcap as soon as possible now, as we have addressed most issues. if bcg fails to stage so, the image will always suffer. a correlation is clearly lacking between corporate action and price action at the moment.
I dnt know where exactly the management is stuck.

reasons could be:

1) arrangements of funds to get the transactions done from individual allottees names within 15 days of approval

2) correction of shp and pledge

3) wrong assumptions that they will drag and benefit from it in yeilding shares at lower levels.

any stretch beyond month end is not a good sign.
even operators crave for such bull phase. and here we r still struggling in Penny zone.

i wish operator does the following:

buy continuously till 50 and offer the collected shares at 30 and lock it for 1 years. use the same money, buy froll 100 and offer the same at 70 or whatever the avg price is for sweeping.

repeat this and do some qips in 3 digits and acquire companies with share swap and some cash. this will keep increasing revenue. lot of corp action will be there.

God knows why such slowness is there in bcg.

[mayur]

We have to set the standards high. Axis is done. well and good. but it does not mean we should relax.
we know what happens when we relax.
leave aside the price for a moment.
lets ask management to publish the final results of BDO audit. we dont need the tiny details of it, but we as investors should demand management to disclose it to exchanges.

management has stated that Israeli subsidiary, onlime media solutions is audited by E&Y.
WHAT ON EARTH IS STOPPING THEM TO RELEASE IT PUBLICLY?

we don’t need tiny details of that report. they can remove it. but publish the audited report which includes numbers as our quarterly results do.

lets all write a mail to management first. and later to the scores, if mail to the management goes unanswered.

We need good corp activity to continue. there should not be any issue to management in publishing EY and BDO reports.

we know how long the daum and axis has been stuck due to “logistics” issue. LOL.

Lets push or be ready to see quarters passing with minimal speed of activity.

[mayur]

@logan

may be my ways are different, but in simple words i try to reflect what i as retail shareholder experience, hence its sometimes good, very good, hyped, or some times bad, very bad and worst. but then thats what genuine is. if i say wow when price is down below one PE, Its dramatic.

i hv been trying to put bcg story in multiple small teeets over last 5 years on twitter. and many have helped me spread the same knowledge. i personally admire what we being very small in size have acheived collectively in terms of spreading awareness.

i blocked peter lynch guy as he never argued with proof or data. which i am surprised u r so concerned about. anyways.

u hv been an asset to this forum.
so many industry and company related messages u hv posted, i absolutely like them. ur knowledge around the adtech industry surpasses me big time (its obvious)
and whoever has done such great work of spreading knowledge about industry and company cant be my enemy.

Best luck.

[mayur]

Its good that finally the corporate governance is Improving with axis debt settlement on time. I am expecting more such corporate activities which reflects the good corporate intent. The price is going to rise slowly, and i also do not expect it to become 3 digit in 3 months. if it happens we will all enjoy it. but lets not eat hopium again. lets moderate our expectations but lets not moderate it to kachra levels also. 🙂

A decent PE is justified for Bcg in my view.

[mayur]

Logan says MI are not emotional. and they take calculative risk. and that they wont buy above 8 Rs now. and also that the traders and MI will only buy after lots of FUNDAMENTAL THINGS happen.

As i hv learned in markets, MOST traders and MI dont give a damn about fundamentals. they track technical parameters. which are very sound at the moment. even if we grant that assumption, that they follow fundamentals, was there a reason yday for them to sell after axis debt closure?? i dont think so.

Now who do u guys think will sell lacks of shares yday after axis news?? and for what reason?? bcoz of technicals which r good? or bcoz of good fundamental development??

1) a long term investor?
2) a trader?
3) MI ??
4) party interested in keeping price around 7.7 ??
5) EMI guys?

Guys be careful in following people who hide behind nicknames. i am not asking to unfollow them as a lot of informative posts r coming from such IDs too. but be smart enough to understand the moto behind the messages.

-Mayur.

[mayur]

The Final Round

It is sad to repeatedly go against ur ethical standpoint for the sake of greater good.
But keeping emotions away one last time and taking a logical aim at it.

1) Company cant afford to default OTS second time.
so my take is axis will close by 2nd and bcg should be debt free.

2) price is not going to rise big time before PW approval. but a tentative approval has been granted is what i have learned. (a formal letter is to be yet awarded though)

3) Lots of share transfers have happened in dec Quarter, so definitely a market maker is on board. which is a good thing for us. because this stock wont go up without outside help, trust me.

4) now, if u guys sell, the MMs will think they will get a chance to absorb the shares at these levels. so better to hold on to our shares. that dries the supply. though its ur individual call. i am not to interfere.

5) all that we should do is strongly state that we want to see proactive management steps to prove that they r not interested in price suppression, by proactive PR activity.

6) This is the wk for make or break. if price goes up, we are on same page, orelse, we r missing a lot here. even company needs to understand that if price goes up, nobody cares whats right or wrong its doing everyday.

[Author]

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