Srd.rdx

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Viewing 20 posts - 1 through 20 (of 81 total)
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  • in reply to: General Discussion #11600
    Srd.rdx
    Registered Boarder

    Finally, Allotment done. Money received.
    Lets see where the stock price heads from here on.

    in reply to: General Discussion #11586
    Srd.rdx
    Registered Boarder

    I will be more than happy if nobody subscribes to warrants and company does not raise funds diluting at 7.7!

    I don’t know if price will crash or will rise if allotment fails but it will certainly be in favour of long term Patient holders by not diluting at pathetic 7.7!

    5+
    in reply to: Brightcom Group’s Valuation #11542
    Srd.rdx
    Registered Boarder

    Dear @aindia,
    Numbers and valuation is all based on PERCEPTION.
    Here BCG is far far far faaaar below than InMobi.

    Quarter on Quarter results has no impact…if perception is that numbers are fraud..Ofcourse if perception is bad ..and they are talking about cash flow problems…things are taking endless time to get resolved..its easy to say numbers are cooked..

    While no one will question InMobi because it has rewarded the early investors(PE/VC/Other early investors) by consistently increasing the valuation.

    We all know what has happened in BCG. How the VC/PE have exited at single digit price.

    BCG will continue to remain at this level if nothing is done to improve the PERCEPTION.

    Mgmt has to work hard to make every effort in proving the authenticity of numbers and be more transparent in their deeds/corporate governance.

    Unless that happens.. no big investor will touch it.. even if continues to increase its revenues/profits.

    Thanks!

    in reply to: General Discussion #11431
    Srd.rdx
    Registered Boarder

    approved the allotment of
    3,50,00,000 (Three Crore Fifty Lakh) Fully Convertible Warrants (‘Warrants’) each
    carrying a right to subscribe an equal no. of Equity Share of Rs. 2/- (Rupees Two Only)
    each of the Company, for cash, at an issue price of Rs. 25/- (Rupees Twenty-Five Only)
    (including premium of Rs. 23/-) per warrant, on preferential basis to the entities
    belonging to the promoter group o f the Company (‘ Allottees’), upon receipt of 25% of issue price from the allottees in
    accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements)
    Regulations 2018:

    ************* Seems like its the case that only the ones for which exchanges approved and they got 25% they allotted.

    ****Below is the wordings of Ducon

    We wish to inform you that the Members of the Allotment Committee at its meeting held today
    i.e., Monday, 1st February, 2021, have approved the issuance and allotment of the following on
    conversion of outstanding Unsecured Loan amount post receiving in-principal approval from
    BSE Ltd. and National Stock Exchange of India Ltd

    So in both the cases…its the FINAL allottment post approval and not the proposal.

    Like other boarders explained. There seems to be internal communication between exchange and company and post receipt of funds/approval the allottment is done.

    I expect final allotment of around 200 crores in BCG and not 260 crores as originally proposed.

    3+
    in reply to: General Discussion #11430
    Srd.rdx
    Registered Boarder

    I have another doubt over here. Can it be that it’s A + B kind of situation OR we are sure that’s out of the proposed allocation to A, B is the final allottment?

    If it’s case that B is final allottment who have paid money after they were cleared by exchanges then my guess is in BCG our of 260 crores we will see appox 200 crores being cleared by exchanges. I am connecting it to BCGs coverage in ET where Mr SKR said 200 crores are coming.

    3+
    in reply to: General Discussion #11423
    Srd.rdx
    Registered Boarder

    Dear drjaysee, Seems like I jumped the gun looking at the notification. Just noticed Morepen has sent such email in October 2020 as well raising 421 crores and then another notification raising 70 crores. So seems like A+B. Its just another warrants.

    Others..Please do share your thoughts.

    1+
    in reply to: General Discussion #11415
    Srd.rdx
    Registered Boarder

    BCG mgmt should provide an update on current status. There is too much of suspense over it.

    2+
    in reply to: General Discussion #11414
    Srd.rdx
    Registered Boarder

    People were talking about Morepen.. They completed the allotment process today!

    in reply to: General Discussion #10898
    Srd.rdx
    Registered Boarder

    In onne of the concall , master said. It’s a question of 8 crores vs 20 crores.

    How did it became 40 crores???

    5 cr payment is of couple of months ago and not recent.

    in reply to: General Discussion #10622
    Srd.rdx
    Registered Boarder

    Even I havent recieved it for all the accounts.
    I am yet to get from 2 of the accounts.

    Thanks!

    1+
    in reply to: General Discussion #10002
    Srd.rdx
    Registered Boarder

    My understanding..

    1. They have to pay 25% within 2 weeks from 26/27th December so effectively by 10th the company will have the partial money post allotment.

    2. They can pay remaining 75% anytime within 18 months. It may be as early as next month.

    3. Post they pay 100% , the shares will be locked in for 6 months from the date of allotment of shares.

    Once step 1/2/3 is completed..the shares could be dumped to market or expect them to be transferred to some institutions.

    It all depends on SKRs game plan..if credibility improves BCG is a buy even at 10-20-30-50 rs..it’s pretty cheap. But is the same shrewd tactics continues.. expect pump and dump.
    And BCG remains BCji!

    One thing is very prominent.. Acquisition is on cards.as told by SKR in AGM but again v have witnessed many announcements without anything concrete!

    in reply to: General Discussion #9928
    Srd.rdx
    Registered Boarder

    Voted against the proposal of warrants.

    Has anyone got link to attend agm as well?

    in reply to: General Discussion #9558
    Srd.rdx
    Registered Boarder

    So far..its shock only..for everyone!

    Expect a revised AGM notice in next 2 hours and that should contain the details of who is being allocated these warrants.

    The notice says revised AGM notice dated 4th December. Seems like it is being worked out and will be available soon.

    2+
    in reply to: Shareholding Pattern – Analysis #8788
    Srd.rdx
    Registered Boarder

    Surprisingly SHP is out..pretty early as per BCG standards.

    Total shareholders crossed 50000!!!

    Expert comments please

    in reply to: Fundamentals and Business Related Activities #8526
    Srd.rdx
    Registered Boarder

    Wonderful news… sentiments should change for good now.

    in reply to: Fundamentals and Business Related Activities #8160
    Srd.rdx
    Registered Boarder

    And the most WELCOME move is that fellow investors are holding this patiently.
    No Euphoria over UC/LC.
    Very Mature behaviour. Best wishes fellow BCGians… Eventually it will move up.
    Lets wait for other notifications to come out.

    Regards

    in reply to: Fundamentals and Business Related Activities #8159
    Srd.rdx
    Registered Boarder

    Indeed a welcome move of Oak exit.
    I expect Axis news to come in this week further improving the fundamentals of the company.

    6+
    in reply to: General Discussion #8020
    Srd.rdx
    Registered Boarder
    in reply to: General Discussion #6412
    Srd.rdx
    Registered Boarder

    Happy to see that there is least discussion on the price..it’s hitting 52 weeks high and the excitement is missing..or better to say..it’s cautious approach.

    Hope the long term sufferers are holding it with patience.

    0
    in reply to: Suresh Reddy Underrated? #6357
    Srd.rdx
    Registered Boarder

    You nailed it m4max1979!

    They say..

    Bhav bhagwan che. It remains a junk unless mr entrepreneur mends his ways.
    It’s indeed a tiger …but so far paper tiger.mkt does not believes the number so is it’s current price.

    Have seen enough of drama since last 6 years.

    Hoping drama will end soon..not too many episodes left.

    0
Viewing 20 posts - 1 through 20 (of 81 total)