Forum Replies Created
@Diana Horton, it’s a long time since we listen from you, what do you think where BCG is heading to in next few quarters?
Again very poor display of corporate governance by management by not declaring results by 15th May and taking advantage of sebi relaxation to declare results by 30th June.
Kasam kha rakhne hain na sudhrne ka.
Seems like nothing gonna happen except wait. Better to forget and write off our investment in BCG.10+
I can relate BCG price to an advertisement.
Few days there was a deo advertisement on TV in which a girl used to say to a guy that “baki sab to udd gya but aapka deodorant reh gya”.
Same happening in BCG , “sab(mostly) events to uda gye but aapka price wahin reh gya”
Mentioned in December AGM notice page no 23 :
9. Proposed time within which the preferential issue shall be completed
As required under the SEBI (ICDR) Regulations, Warrants shall be issued and allotted by the Company within a period of Fifteen (15) days from the date of passing of this special resolution provided that where the issue and allotment of the said Warrants is pending on account of pendency of any approval for such issue and allotment by any regulatory authority or the Central Government, the issue and allotment shall be completed within a period of Fifteen (15) days from the date of receipt of last of such approvals.
As nowhere it is mentioned as “working days”, I assume 16th April as last day to approve the allotment . Else it would be considered as terminated.
any comments/view from other members ?
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Refer a site you think would be a good match for Brightcom. We’ll help them succeed & reward you. It’s a win-win-win: You earn money, we expand our Brightcom family, and the publisher you’ve recommended will benefit from over 2 decades of know-how. https://t.co/pwyKJJIPEJ pic.twitter.com/7TsayOpw6O
— Brightcom (@BrightcomGlobal) April 13, 20214+
@vgsatwork: but only 3days(72hrs) left in 15day time limit for first 25% money payment and allotment which is making situation nervous.4+
NSE and BSE approval for PW : 1st april.
15 days i.e 16th april. Today 13th april.
Still no news about board meeting and approval ? when it will be finally allotted ?1+
Dr. Mayur mssg on mmb borad
book value has been eroded brutally thanks to first 250 crs write off (lycos related) plus 868 crs write off plus 3.1 cr pref iss dilution and now 33 cr warrants dilution. just read this message repeatedly to understand why i used word brutally. and u would realize what kind of dent that is on book value. i wont be surprised if he dilutes it even further. khudki tijori hai. one man show. no board as such. (thats total 1118 crs of write off and 75% further dilution on that due to issue of equity) so thats like 23 Rs per share book value was written off just like that. and then 75% was diluted for mere 300 crs. So what should hv been 75 is now 35
is this calculation is right, if yes then bhagwan hi malik hai
Sub: In-Principle Approval for Issuance of Warrants convertible into Equity Shares on
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform the
Shareholders’ of the Company that we have received the In-Principle approvals from both
BSE and NSE, today i.e., April 01, 2021 towards the allotment of 33,18,45,000 Share Warrants
for being converted into equal number of Equity Shares of the Company.
The Company will execute the subsequent steps towards the issuance.
This is for your information.
For BRIGHTCOM GROUP LIMITED
@Diana Horton and all retail holders, the last given to management is over i.e31st march. Price went below 8 and still trading in red. No information from management yet to exchanges and no intent of improving corporate governance. please share /explain now in public all the wrong deeds of management.8+
Why do we think from management point for view if they are not thinking from our (retailers) point of view. whatever issues are there, they should be transparent and inform the investors too,afterall we all also held ownership in the company and as it is public listed company, BCG is not only his company,it belongs to all of us and all the issues faced by company should be informed to us as well. we should not be kept in dark .
Better you had pointed out for corporate governance in management rather than saying that retailers are blackmailing management. does any1 on entire universe can blackmail that one man army who had taken away harassed investors by health and wealth. i dnt know what had made you write such strong statement to criticize retail investors.
Tell me, why shouldn’t retailers can question management ? if they question then,is it blackmailing them?
If management is so clean, how come they will be blackmailed by just questioning if nothing is against them and they had not done anything wrong.?
Many had not yet received dividend and they reach to SEBI, u will come forward and say that they are blackmailing management ?
@Logan, am sorry if had hurts you. My only intention was whatever business BCG had still today, rs8 is not justified and only 1 man is responsible for that( OMEA in DH terminology ). No retail/common investor will be happy if BCG earns crores but price stuck that this level for years to come. Enough now…everyone is fed up of wrong deeds and selfishness of management. Again sorry , that was in no way meant for you, it was for BCG management .
@all : there is saying in hindi “latton k bhoot baaton se ni mante ” and seems some strict action MUST have to be taken by retail investors before( i assume its already too late now) it is too late. Precaution is always better than cure and it is foolishness to believe and give a hour to this management. Sweet talk time balance of this one many is over now. Lets not let him recharge another balance/top up for another sweet talk time . Rest all are investors are responsible for their own investment .So think and act accordingly . I had put my view .
I need appreciation in stock price. That only reflects actual growth in market about any company. I am fed up of BCG management price suppression . I will be more than willing to dig up and go further into deep of all BGC working if and if only corporate governance get improved and market start recognizing it . Its not like that whole market (who are not invested in BCG) are fool
If BCG earns 100000000000cr per day but price remain in range of 8-10, it is of no use neither for me nor for you. Investors are (fed up) and now least interested what BCG earns, what its subsidiary are doing , what ad tech business is all about. For time being, we want market to recognize the potential of BCG.
Fed up of this 1 man army. Karma will definitely gonna pays him back one day.
@diana Horton please don’t wait even for 4 days(31st days) . take action and share you your further findings about deeds of thes one man amry.
@rathi_b and hyd team, I still remember how much you guys were excited after meeting in dec and seems that LoC will be approved by xmas only Now we are 4 months from there..still zero progress and prices are back to PW.
Green market and debt free status too cann’t able to lift the prices which indicates clear case of manipulation happening.
All please raise your voice until it becomes too late. This one man army is taking all of us for granted. Time to show him our power else it would be very-2 late
@rathi_b @anirudhreddy @logan & all the Hyderabad team members who plan to meet SKR,
Please dnt get trapped or fall in his sweet talks this time. If he show any documents, look at it carefully. For example ..high chance that he wil show LoC doc from Goldman sachs which is irrelevant for now. So look at all the proofs very-2 carefully with date mentioned on that.
NCLT case dismissed.
Link : https://nclt.gov.in/sites/default/files/January2021/final-orders-pdf/16.pdf
Now debt free.