[rahul]

@Brightspot I was the 4th person who got to ask the question. And it took me by surprise because I never got any chance, the trick is to be in call 10-15 mins before the scheduled time and press *1 immediately. You will be placed in the queue. At least this is what happened to me this time. So I don’t think the concall was staged. Though I had the same feeling when I heard the person name ‘Ishan’ getting to ask the question twice.
Pardon me if I did not ask any important questions. I am still new to this game. I thought promoter holding was the elephant in the room and I pressed a little more on it. And the second question about Free Cash flow to my mind seemed hard to understand. How can the number be exactly the same if it’s different from the operating cash flow? Coincidence? Perhaps.

[rahul]

Does anyone know when the lock-in period of preferential warrants issued at INR 7 ends? I think this is a very important thing to watch for. Everyone who got warrants has made crazy money and would like to book some profit as soon as they can. That will lead to a lot of supply as they hold over 30% of the company.

[rahul]

What a massive show by BCG. This has been a roller coaster ride, but loving every bit of it!!!
Congratulations everyone..!

[rahul]

Not happy with the issue price, I was expecting close to 40. However, entry of some instutuions is a big plus.

Attachments:

1. bcg.pdf

[rahul]

Hello,

Do anyone have link to the vikas proppant forum? The one I belive I had was vikasproppant.in which doesnot seem to work.

[rahul]

This is probably me finding the reason to stay invested in the stock. So take it with a pinch of salt.
I was able to find a few connections (with SKR) to whom warrants are being issued.

1. Rajeev Saraf CEO Lepton (Same Batch as SKR IIT Karagpur)
Lepton – 600,000
Lepton software trading – 5,400,000
Total warrants = 7,000,000
2. Subrato Shah (Same Batch as SKR IIT Karagpur)
warrants – 22,000,000

This makes me think that warrants are not issued randomly but only to the friends of SKR. However only 2 connections I was able to make, so there are still many on warrant list.

[rahul]

Thanks @Logan. Perhaps we should try to put up that question in next concall.

[rahul]

Thanks, @Logan for the quick response. I get the LOC vs traditional loans part. But the question still remains, why not get LOC in USA/Israel under one of the subsidiaries? What’s stopping that move? Apologies if I am asking very trivial questions, I am fairly new to this.

[rahul]

Is it not possible for OMS to get a loan in Israel for working capital needs? Or the lenders would only give credit to the subsidiary after the holding company settles the current loans?

[rahul]

Hello everyone,
I am quite new here and also a fairly new investor of BCG, still trying to understand the business of BCG. More and more as I read across different threads in this forum my conviction to BCG just keeps growing. I thank all the members who are actively taking time from their busy lives to help new investors like me understand BCG’s business.
I have a very basic question, to solve all the outstanding issues BCG needs cash right, would it not be a very smart idea from a business perspective for BCG group to dilute stake in one of the subsidiary to raise money to solve all these pending issues.
Obviously, the BCG group (the holding company) is not valued at its fair valuation but would any of the private equity firms would not be interested in BCG’s subsidiaries (like Online Media Soutions) and give them fair valuation?
Does it at all make sense for the holding company?

[Author]

Posts