Sobha

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Viewing 20 posts - 1 through 20 (of 103 total)
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  • in reply to: General Discussion #14545
    Sobha
    Registered Boarder

    Any idea about dividend distribution date?

    2+
    in reply to: Questions to ask / Post-Conference Update #14521
    Sobha
    Registered Boarder

    Please ask a question on disappearance of promoter holding of both skr and Vijay

    in reply to: General Discussion #14366
    Sobha
    Registered Boarder

    I do remember, they mentioned 36% to be the promoter holding after acquiring the LLPs. But I couldn’t locate that letter now.

    in reply to: General Discussion #14363
    Sobha
    Registered Boarder

    2+
    in reply to: General Discussion #14362
    Sobha
    Registered Boarder

    From Twitter

    1+
    in reply to: General Discussion #14233
    Sobha
    Registered Boarder

    The dividend policy says about a pay out of above 15% of FCF. In first quarter the expected FCF is Rs 250 cr as per given guidance. So Rs 40cr can be paid out as an interim dividend which is 20p per share. If that is declared with quarter results, it can be paid without AGM approval. That will enhance confidence. Please consider suggesting so…

    in reply to: General Discussion #14230
    Sobha
    Registered Boarder

    Earlier our Hyderabad friends visited SKR in his office. That was very helpful. Can our friends from Hyderabad do it again?

    in reply to: General Discussion #12262
    Sobha
    Registered Boarder

    @ #12249 Kris, It is unlikely that both of them sold. When total number of shares was 50 crore, both were above 1% of that. But with ongoing conversion, total share is increased to 85 crore. So both are below 1% now. That will not be counted as separate names. But will be included in ‘those holding above two lakh rs capital’

    in reply to: Random Discussions #11728
    Sobha
    Registered Boarder

    SKR declared dividend along with annual results in 2020. He said ‘it is a token dividend and better can be expected in future’. What about this year? Is it that a better dividend is on the way considering the fact that most of the problems are already solved?

    Even though LOC is not materialized till now, that is not required for solving earlier enlisted problems. PW amount is sufficient for DAUM settlement. Rs. 95 crores is with him already (65+30) from PW and PO together. Total settlement amount with DAUM is Rs 110 crore. So can we propose and expect a better dividend?

    5+
    in reply to: General Discussion #11031
    Sobha
    Registered Boarder

    Can somebody explain what happened with daum? skr told – we will be debt free soon – with axis payment. They have made an agreement with daum to pay an undisclosed sum. is it paid?

    5+
    in reply to: General Discussion #11024
    Sobha
    Registered Boarder
    in reply to: General Discussion #10858
    Sobha
    Registered Boarder

    @Logan, little bit time my sound was not working. The total time took was 3 minutes. Judge asked to BCG – what they have done? ans – paid 5crore- more time needed. Some settlement reached.. Judge become angry. … You have got enough time and opportunities. You are taking unnecessary time…. From axis – No information about settlement. Due is 40 cr. 5 cr received. May shifted to March beginning as per convenience of court. Judge said – One more time – March 2nd… over

    in reply to: General Discussion #10848
    Sobha
    Registered Boarder

    Judge was angry in not settling the case. As 5 cr is paid, Axis adv agreed to March beginning.

    4+
    in reply to: General Discussion #10847
    Sobha
    Registered Boarder

    No settlement. 5 cr more paid

    2+
    in reply to: General Discussion #10846
    Sobha
    Registered Boarder

    March 2 date given

    2+
    in reply to: General Discussion #10834
    Sobha
    Registered Boarder

    @Diana, Please clarify more on the DAUM case. Because what is explained by the company is like this – irrespective of whether lycos is required or not, as it is a deal for 36 million US dollar, BCG has to pay back the balance. The balance is disputed and after long exercise, reached an agreement. We can assume 16 million dollars is the agreed amount. As the parent company BCG has given the guarantee to that, the company cannot escape from that. Everybody knows the amount is there in BCG hands. But the case is not yet closed. Even in the last con call, skr said that – the issue will be settled the next day after LOC. Then how can we say that the long pending issues are over? Why the Daum is silent, I am not getting. A significant amount might have been already paid, but kept away from investors. Please explain.

    in reply to: General Discussion #10808
    Sobha
    Registered Boarder

    Diana, If the amount is below 33 cr, your logic is perfect. They were simply ballooning up the issue with definite purpose.

    6+
    in reply to: General Discussion #10794
    Sobha
    Registered Boarder

    Diana, Yes. I do remember. Probably the amount is 2 or 3 crore more than 33. Because total demand of axis was near to 40. For that 2 or 3 cr they are extending the case for 6 months.

    1+
    in reply to: General Discussion #10793
    Sobha
    Registered Boarder

    The point is – promoter want to elongate the issue even at the cost of finance of the company. If the OTS was timely paid – the sum remaining was 11 crore. But they failed. Everybody knows – capacity to pay 11 cr is not the issue – Then axis started asking near to 35. Now the issue is elongated to give a serious upper hand in negotiations for Axis.

    3+
    in reply to: General Discussion #10791
    Sobha
    Registered Boarder

    Diana, Technically BCG said, the PW was for – ‘settling financial obligations of the parent company’ – For that matter, even DAUM amount is an obligation of parent.

    1+
Viewing 20 posts - 1 through 20 (of 103 total)