[ramganesh1982]

Same here , I haven’t got it yet . I have zerodha linked to sbi . Will wait till this week and submit compaint . Can someone share the sebi compaint link and the information we need to enclose ?

[ramganesh1982]

Haven’t received the dividend yet . I have zerodha linked to SBI . Hope it gets credited in the coming week

[ramganesh1982]

Hi All,

I voted yes for all the options. I believe the management will be aware of all possible outcomes and the impact of this decision . Apart from that when a man is in the process of resurrecting a company be it chanakya strategy or something else .. as a passive parter in business (share holder) it’s important to support the revival . Ultimately his intensions will also be to see his company as No 1 in adsense technology. I still feel he wasn’t left with any other option to sort out the current problem (large holding with public and operators group) .. it’s a double cross situation he is left with probably 🙂 .. just my opinion on this 🙂

[ramganesh1982]

@Rathi_b , would like to hear from you along the same lines mentioned by Logan .. was anything stated rational for the recent warrant issue ? Or does it sound like he has some concrete plan to control and bring down the liquidity of the stock if not now (as it brings down the intrinsic value and overall control) ?

[ramganesh1982]

@Rathi_b and team , thanks for all your efforts in meeting the management and creating a bridge with peer investors . On a lighter note .. share value increases by at least 10 paisa every next day you have a meeting with SKR 🙂 .. wish you guys stay there for a month or two 😀

[ramganesh1982]

@Rathi_b and team , thanks again for your time and effort. Wish to hear all positives from you .. do take your time 🙂 we all have waited enough and 1 additional day (tomorrow) doesnt make much difference imo. Even if we are out of problem , there will be several rounds of drama before everything could settle down on this. A company with so much potential and at this price with so many stocks floating which are not in the hands of promoter – game play is definitely on before it can settle down. My intuition says 2021 we will see new highs in BCG which is only to be surpassed every year for next 2 years min

[ramganesh1982]

I believe the next 4-8 months are going to be series of events for BCG as it will have one big news after another. It’s better for long time investors to accumulate now as we might see it reaching 52 week high very soon

[ramganesh1982]

For me this looks like a big smart temporary move (ethical or not is debatable) by company management. Stock will zoom to 9+ with high consumption of volumes till next big news (axis bank clearance) .. reason is that .. these 59 people now have a free grab of the stock below their allotment price and also for the reason that they might influence some of their known parties to consume a big stake so that they can propel the rocket 🚀 with some trigger.. market is emotional and in short term it’s more technical (doesn’t care for fundamentals) … Short term these r going to push the stock higher than how its valued currently .. we have to see how the market values in longer run

[ramganesh1982]

Anyone has idea on who these 59 are ? What could b the expected move next by management ?

I hope these changes work in favor this time

[ramganesh1982]

I see there r multiple problems here with great deal of permutation combination of solutions .. from my understanding there r some open problems the management will be facing w.r.t handling market ..
There are too many shares with public and many r holding their stocks with feviquick for years .. now additionally new investors added to the tally after Oak exit and pledged stock release (more to come when axis also releases). In order for the management to take control of shares percentage (promoter to pull back shares from public and operators) .. either they have to shell out a lot through buy back plans which the company obviously won’t b interested in – as it has spent enough time with debt and financial issues in the past .. or option b) approach operators 🙂 and deal with them which is obviously is illegal .

The current approach in one way is good as it sounds . The reason is that they can later (after a year) bring down the equity base (may be like subex) . And it’s a legal approach . Moreover many retail investors will drop the stock including the operators group as it is diluted to the core – worrying for its loss of intrinsic value (+ it’s bad history) . So only those who still believe will stick and benefit (which will obviously b a lower percentage)

All said – I hope the management tries to be open and straight forward .. will have to wait and see who has taken over lakhs of shares in the last few days – if it’s the promoter or the person/entity who is entitled to get preferential warrant – this might benefit long time retail investors – the point is if someone has an avg of more than 8rs .. they will b in a dilemma … One thing is very clear to me – retail investors never have a say in any company – we are just like parasites who can benefit from the host – or just treated that way by market which is huge and quite complex

[ramganesh1982]

Are we looking at one part of a big puzzle ?

1) The price has been maintained between 4.9 to 5.5 for appr 2 months now . Is this planned ?

2) only partial settlement made to Axis . If full payment was made stock might have got pushed definitely well beyond 8.5 rs as the market is valuing this more than anything at this point of time

3) Last entire week the volumes have been huge with big delivery percentage

4) circuit revision as mentioned by some boarders is possible

[ramganesh1982]

Thanks for your posts and responses … From your last post what’s understood is that the manipulations could go on till mid 2021 .. with release of pledged stocks in Dec – Jan followed by Daun issue in March probably .. and another round if a strong investor is arranged .. I wish these 3 go in parallel but I doubt this could happen .. so lot of roller coasters ahead ? Please share your opinion on this at leisure

[ramganesh1982]

@tanvi51 thanks for sharing a great news .. have they (axis) started releasing the pledged stocks already ? Is that the reason for this fall ?? Anyone has any idea on this ??

[ramganesh1982]

Can someone share the fair price and expected timelines for every milestone from here .. will be an interesting topic to spend time on instead of worrying what’s behind us and what has happened so far 🙂 . Note : my intention is to see how the market will evaluate or value the stock when issues are cleared ..

1) fair price when axis loan is cleared – first 1-2 months of 2021
2) loc – jan 2021
3) upcoming quaterly results – feb 2021
4) dividend –

Dream big 🙂 with BCG it’s a matter of max few more months of pain I believe !!!

[ramganesh1982]

drjaysee , thanks for your suggestion. I have added a few at 5.5 but looks like another round of downturn possible . Will add again if it hits 4.5

[ramganesh1982]

Meaningless movement of stock is happening . Wish and hope this situation doesn’t continue for long . What we need is a strong hold by promoter . In the meantime should I accumulate at this level or wait for more game play and downside ? Anyone has a opinion on this ?

[ramganesh1982]

@jmathew I feel the worry of almost being there and yet we are not there is hurting everyone here . Management past record of closure and sticking to its commitments add fuel to fire . Now we have to look forward for 2021 to be good for BCG and take anything positive in 2020 as bonus to keep ourselves going. My worry is golden time not getting utilitized by BCG . Almost any junk IT stock is up apart from this 🙂

[ramganesh1982]

@Rathi_b great to hear from you after the discussions. Can we expect the Axis bank loan closure this month ? Did he mention any date or timeline for this closure as he is very positive on this one ? The reason I am asking is that ,this will stream line a lot of things to follow and build the investors confidence to a Great extent (imo this will easily take the stock to 30 rs , I am not keen on numbers here but I am trying to elucidate the actual weightage of this minor issue). Irrespective of the legal problems and procedures involved it’s bringing down the trustablity of the management when investors start comparing it’s revenue vs the amount to be settled to Axis. Hoping for a better tomorrow

[ramganesh1982]

@Rathi_b I excited after just reading 3 words of your’s.. “met SRK” and “fruitful” . Hope whatever was discussed is followed by his actions!! That will be great !!

[ramganesh1982]

@Rathi_b and team , did u get a chance to talk with management ?? On a lighter note , is this uc bcuz of you guys having a word with management ?? 🙂

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