[ramganesh1982]

Hi Kris , Yes I am aware of this . The only aspect which has stopped me from investing heavy on this is the growth potential or the expansion plans . As of now I haven’t heard anything from anyone on this or even from the investors presentation . I grabbed this gem at 135 only with some decent holding . But haven’t gone big due to the growth factor information missing … If you have some insight on this share the details

Regards
Ram

[ramganesh1982]

Hi admin ,

Did u invest in this gem 🙂 . This is flying now . I have a small hold at 135 levels and it has doubled in no time. Considering the prospects and low stock volumes this can easily make it to 1000 in a yr if things go well and company plans something for expansion

Regards
Ram

[ramganesh1982]

I think more dilution is a result of couple of aspects . 1) cash flow/reserves is a crunch for bcg to go outright and purchase any company without any dependencies 2) BCG stocks are pocketed heavily over the years and management wants to take the control back by pulling back 75% . The strategy here could b to dilute to the core and bring down the valuation lower – at one point bcg intrinsic value was 3k so no one was ready to sell for anything less .. now the intrinsic value is much lower and many will exit at say 300 rs . Company introduced ESOP and other ways to slowly tap the stocks out from public without announcing buyback or adding any other complexity . As the company gains from other acquisitions they can also increase the stake without anyone noticing it . This is my opinion of this approach . Whatever the plan is, destiny is important imo and looks good for long term investors (only problem is long from here for those who have waited 7 yrs )

[ramganesh1982]

Hi rishi , any other way to access the link content ? I am not in telegram . Any alternative way to access the content can help .

Regards
Ram

[ramganesh1982]

Hi Logan ,

Thanks for your response .I am hoping that we see the positive sentiments carried forward from here and bcg reaches its potential levels soon.

Regards
Ram

[ramganesh1982]

Hi Logan, got your point . I have a few queries after I went through the balance sheet again.Just to be more clear I thought will post the query in our forum . Please throw some light on these
1) What’s covered as part of ” other income” ? I see a drastic change in this number qoq 1898.87 this time . Will this continue in subsequent quarters ? Any idea ?
2) The financial cost is another big negative number which indicates another income of (485.77) . What’s this again?
3) under non current liabilities the ” borrowings ” show high numbers (9688.36) . What’s your opinion on this
4) sales and income from operations have reduced ?

Regard,
Ram

[ramganesh1982]

Hi Logan ,

Thanks for your post . In the company update to bse regarding the bonus shares it’s mentioned that bonus shares are applicable for the PW allottees

Here is the snippet

Assuming all the 33,18,45,000 preferential
warrants are converted into equity shares by
record date. And the preferential warrant holders
will also be eligible for the bonus issue upon their
conversion to equity subsequently.

Regards
Ram

[ramganesh1982]

Hi conservative_indian sir,

Great to see your opinion here . This is Ram : J83P0PkZ8p of MC forum . Wish to hear more from you post the meeting today

Regards
Ram

[ramganesh1982]

Hi Diana,

Please share your thoughts on this latest move of providing bonus equity and fund raising decision using equity . Do you see this improving the sentiments? Do you see bcg sustaining this upside burst post exdate for bonus share allotment ?

Regards,
Ram

[ramganesh1982]

Hi guys,

I have added a couple of stocks to discuss . Please share your valuable opinion

Regards
Ram

[ramganesh1982]

Hi all,

Another interesting stock to discuss will be Wardwizard Innovations which was earlier under the name manvijay development. The revamped company is involved in producing state of the art electronic bikes under the brand Joy e-bike https://www.joyebike.com/ and has recently tied up CSK IPL team as it’s official EV partner. This company has increased its revenue almost 2x qoq . The grey area here is that the valuation (pe ratio , price to book value etc) of the stock is beyond imagination and doesnt give enough confidence for an investor to see the value proposition . If any one has any opinion or thoughta on this pls share

[ramganesh1982]

Hi admin,

Thanks for creating another discussion thread for value picks .. will add a few stocks for discussion

Regards,
Ram

[ramganesh1982]

Hi buffet,

As I had mentioned in my previous post #11690 this SHP information is available under https://simplywall.st/stocks/in/media/nse-bcg/brightcom-group-shares which was updated on May 9th

[ramganesh1982]

As per the lastest information available in simply wall https://simplywall.st/stocks/in/media/nse-bcg/brightcom-group-shares the public holding is only 25% now and this information is last updated on May 9th . Can someone cross check the public holding from some other source/website ?

[ramganesh1982]

Congrats to all investors !! Now stock should move freely without any big hurdle. I always felt it’s absolutely ok or appropriate in the case of BCG for the promoter to take major hold even by diluting the market capital to the core – for simple reasons. If we retailers want to accumulate and benefit the max when stock goes beyond 2 or 3 digit , Why do you think a person who has put his heart and soul to grow the company should have less holdings and watch how these people take all the credit / benefit for the companies success ??? Many people talk about ethical factor – what on earth can one do as a promoter to take back the stocks dumped by earlier investors ? How will buyback from open market be even possible when a company is just recovering from all its pledgings and when it is looking forward to invest in future . Even if management tries to perform bulk deals with individuals who hold major stake I am sure no single person here or anywhere will accept for anything less .. and again spending a fortune is not a choice for the company at this point in time when it’s looking to recover . With the given circumstances the choice chosen is fair by all means according to me . All the best to all fellow investors

[ramganesh1982]

Great to see different perspectives discussed under one roof and yet the quantity of decorum getting maintained well (unlike moneyco*****) forum . Thanks all . Upcoming 3-6 months is like courtship period . The anxiety / worry is very high among every investor as the cream period should not be lost due to insesitive act by the management . My sincere thanks to everyone. Hoping to see everything turning out to b good within the next 3 months

[ramganesh1982]

How do I ask some questions ? Want to ask ” the company has lost a lot of investors faith over the years , what’s the plan of the company to maintain and bring in the belief – interms of posting documtation updates etc ”

[ramganesh1982]

Sorry Rathi_b and team,it looks like next time when you guys visit, you guys should ask if the company employees are really working/employeed or not & get some sites to click for the results and revenue to improve. Next is Axis again this week .. well planned sequence of outcomes

[ramganesh1982]

Again the results are not showing any growth . Is this really the ground reality of the company or is this some coverup to clean up the holdings from retailers . I sense this to be some game play

[ramganesh1982]

Received my dividend today . Hope to see everyone getting it at the earliest and some dividend in the upcoming quarter to keep us all going long on this . It’s almost eternity for some people here as they have waited min 7 yrs which is impractical for me probably . All the best guys

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