radhutheoptimist

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Viewing 20 posts - 1 through 20 (of 31 total)
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  • in reply to: General Discussion #14445
    radhutheoptimist
    Registered Boarder

    We have heard so much about the strength of BCG and adtech companies. I don’t think there is anything to analyse any further in that regard. Can someone throw some light on how these operators function… If at all it is circular trading what could be the idea of so much volume on daily basis? Ofcourse I see some fii accumulating… But it is not proportional to the volume. In the last three months I assume closer to 40 crore shares were sold and taken on delivery. Basically I am wondering how these operators work and make money…

    I thought yesterday volume was huge and today’s seems to be exceptional.

    in reply to: General Discussion #14370
    radhutheoptimist
    Registered Boarder

    But… Unless there is a scope for increasing the share holding why would the promotor go for such an elaborate risky transactions. Since the share prices were less than 5 the pledge value wouldn’t be significant. The whole process took place only to increase the holding. So the end result of this operation would result in increased share holding by the promotor which is good in a way.

    Hope we will come to know the actual figures by next SHP.

    in reply to: General Discussion #14349
    radhutheoptimist
    Registered Boarder

    If the time period was in 2019 when share price was around 5 the value of the pledge would be not more than 50cr. Looks like promotors played a well calculated game and right now holding more than 30% and might have accumulated more through proxies.

    in reply to: General Discussion #14333
    radhutheoptimist
    Registered Boarder

    Thank you Rathi ji and team for your efforts.

    I am sure share purchase for employee trust/ESOP will follow next. This action is within the management control. Btw…. If they purchase through employee trust do they need to inform exchanges immediately?

    Hope dividend distribution will happen soon. If they announce record date then there may be some slow down in price fall.

    Mediamint closure is crucial…

    I am not so naive to call all these inaction as just corporate governance ignorance. Next SHP will reveal the actual reason. Good luck to all.

    in reply to: General Discussion #14242
    radhutheoptimist
    Registered Boarder

    There was a resolution passed to buy shares for Employee trust for ESOP. Isn’t right time to purchase that?

    in reply to: General Discussion #14206
    radhutheoptimist
    Registered Boarder

    At least they can do simple things like announcing record date for dividend or buying shares for employee trust. Such actions may slow down the fall to some extent. Market may not be under his control. However proper communication to the retail is within his control. Looks like Skr is in bigger mess due to unannounced stock sale or media mint purchase. He does have a special talent to create a storm with spoon full of water. Right from Axis bank case, Daum issue, 5 paisa dividend payment delay, cs cfo appointment to latest bonus delay…. messed up simple things. Looks like till he acquire 50% these thorns won’t go away. Pity those retail guys who bought at 150+.

    The only positive thing I see now is…. a futuristic debt free company is available at less than 7 PE. This itself is enough for me to hold and buy more.

    8+
    in reply to: General Discussion #14055
    radhutheoptimist
    Registered Boarder

    SKR should take moral responsibility of creating this mess and shattering lakhs of retail investors dreams. Other than early birds who entered at low price atleast two lakhs investors must have lost heavily. All because of his negligence… And may be greed. What a waste of intelligence… Sad.

    16+
    in reply to: General Discussion #14046
    radhutheoptimist
    Registered Boarder

    As per Morningstar closer to 28 million shares were added by funds and institutions in May 2022 alone. 16 entities were new additions. Every month they are adding more than 1% of total equity. Can’t understand the game plan of the operators going by today’s trade. Is it going to be another year of painful wait?

    https://www.morningstar.in/stocks/0p00015zpv/nse-brightcom-group-ltd/overview.aspx

    in reply to: General Discussion #13901
    radhutheoptimist
    Registered Boarder

    Why so much silence in this group? Isn’t it time to break your silence. I remember when BCG fell 10% sometimes in January all popular boarders of this forum came in one voice motivating everyone to hold their shares. Of course then big guys were selling. I don’t buy the argument like no one asked us to sell or buy and one should do their own research. It is a fact that people like me Come here to get an opinion as we don’t have much means and knowledge to understand what is going on. We all know MMB is a jungle and we are aware of tigers roaming around there. We can handle it. But tigers under the garb of cow’s skin…. hope I am wrong in my assumption. By the way I have started buying again in truck loads.

    in reply to: General Discussion #13867
    radhutheoptimist
    Registered Boarder

    Lot of confusion over SHP, CS resignation, CFO retirement, forensic audit… I don’t care if this company is going to do good business in future or not. At present company management didn’t come out with proper response. They have conveniently forgotten the fact that we the small time retailers were the first one to believe in their success. We the small time retails were holding the fort during difficult days. Later only all those Sankar Sharmas, fpi, fii and LLP came to their rescue. But the management seems to have forgotten all that and trying to keep the retail out of their success. That’s when it loses the respect from the retail. I had to cut down my 50% holding…. Ofcourse made unimaginable profit with a bitter taste at the end as I was forced to do and I didn’t want to do. Trust matters a lot.

    in reply to: General Discussion #12478
    radhutheoptimist
    Registered Boarder

    I don’t understand why peop!e still talking long term. SKR is showing that it is happening and it is happening now. If they can maintain 9 eps for the diluted equity and without considering growth due to acquisition (I liked the qualifying statment)….. That works some peanut PE figure…. Looks like 10x…20x… Figures may become peanuts. It may happen in months time…. Enjoy the forth coming ride๐Ÿ‘

    in reply to: General Discussion #12415
    radhutheoptimist
    Registered Boarder

    Some urgent advice required. If I buy today will I be eligible for bonus shares? There were some comments in mm forum which states as 19th is a holiday and because T + 2 restrictions those who purchase today will not be eligible for bonus shares. Is that true… Please let me know. Thamks

    1+
    in reply to: General Discussion #12261
    radhutheoptimist
    Registered Boarder

    Thanks Jay69 for clarification on share holding. I didn’t know that๐Ÿ™

    in reply to: General Discussion #12257
    radhutheoptimist
    Registered Boarder

    As a retail investor biggest question before me is…. How will the equity dilution affect the share price. Right now PE is roughly 5 because of dilution PE may become 10. My take is when industry average is 35… Given to all positive news like aquisition, LOC, NASDAQ listing… I as an retail investor still see lot of value in this script. I still see with existing fundamentals fair value is more than 100. So I am going to hold. But I am sure I will be facing lot of stress due to market manipulation. I am prepared to face it.

    in reply to: General Discussion #12254
    radhutheoptimist
    Registered Boarder

    Increase in Individual share capital excess of 2 lakhs may be due to increase in share price. I was holding 3 months back 20000 shares and I was in less than 2 lakh bracket as the share price was just 9. But later I moved to more than 2 lakh bracket because share price became 50. However, my holding of 20000 didn’t change. Bottom-line is it is not a clear indicator for anything.

    in reply to: General Discussion #12233
    radhutheoptimist
    Registered Boarder

    I know… Shares allotted through preferential warrants cannot be sold for the next X months. I also know that all these converted shares are eligible for bonus at 1:4. My question is can they sell bonus shares in the open market immediately after the allotment? Or will that also have to wait for next x months

    in reply to: JCT… Turn around story at 2.85 cmp #12177
    radhutheoptimist
    Registered Boarder
    Topic Author

    JCT is now at 4.11 and has already given 40% return in two weeks time. Garments sales is expected to see a steep hike in coming quarters. With favourable government textile policy and ban on Chinese products JCT is expected to leap forward. One can consider for long term with little risk. Catching them young is the trick of the trade.

    1+
    in reply to: JCT… Turn around story at 2.85 cmp #12120
    radhutheoptimist
    Registered Boarder
    Topic Author

    After going through the numbers… I feel JCT will become debt free in 3 years time. As of now their Operating profit margin is around 10 percent with total sale around 650 Cr. They made a operating profit of 67cr but had to service the loan that gobbled up some 47 Cr as interest. They have around 160 cr debt and sitting on some 850 Cr asset. There are plans to sell some of the non-performing asset. Remember, JCT is more than 70 years old company. You can imagine the kind of land bank textile mills have. I am sure they will come out of the debt in 3 years time and EPS may be around 1 then. Bottomline is one can sure see 10x growth if one has the conviction to hold the shares for 3 years withering all operators game. With the expected growth in textile exports for the next few years JCT can give much higher returns. But let’s be conservative in our expectations. For all these to happen management needs lot of dedication into the business.

    in reply to: General Discussion #11884
    radhutheoptimist
    Registered Boarder

    Two weeks back BCG announced they would consider dividend… Now bonus…. Rights…. And ofcourse LOC approval… Aquisition…. Too many good news scare me from a company that struggled so much to pay nominal dividend, clear loans, have pledged shares and on going daun disputes. I am heavily invested in this and I am taking all news with pinch of…..err… Bucket of salt. Waiting…๐Ÿ˜ƒ

    10+
    in reply to: General Discussion #11677
    radhutheoptimist
    Registered Boarder

    #11674…. Please ignore. Looks like it is a general disclosure at BSE by all companies

    4+
Viewing 20 posts - 1 through 20 (of 31 total)