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Srd.rdxRegistered Boarder
Another ppt submitted to bse..
Yeh reddy karna kya chahta hai!!!
🙂Yes for sure pump the price.. positive vibes..
And may be a deeper underlying meaning. Someone wants the numbers be reported to exchanges so that it becomes sacred copy for evaluation.
All in all..to me it seems that its on course to cross 52 weeks high unless oak has to be given exit at a cheaper price so if this is so..insiders will start selling above that price…they can loose the qty to retailers so that they can buy cheap from oak.
0Srd.rdxRegistered BoarderDear Admin,
I personally know Kenil & bullguru so can assure you that they are the genuine ones. Long term holders who have seen the drama since long.I suggest we unblock them. May be you have a word with them before you unblock them ?
Thanks!
0Srd.rdxRegistered BoarderWell..only time will tell.
One thing is for sure. A lot many retail investors have exited from 3 to 6 and 6 to 4.2!
Also I don’t see much activity on this forum. Looks like ppl exited in frustration or many of them are banned/moderated by admin.
0Srd.rdxRegistered BoarderWell the sub 5 levels could be gone permanently.
Yes I have said that earlier as well but it again went to sub 3.It could even go now.. remember if oak has to exit it sub 5 only then it will go sub 5 now. Else be assured the sub 5 levels are history.
Company has reduced debt..reduced pledge..standalone results generated 17 crores in last quarter.
Company on the verge of.getting another 31 croresIn a way the improvement in fundamentals of last 1-2 years.
It certainly not.deserve sub 5 levels.
If oak has to exit and big fishes knows that the selling will again start soon since they can dump at this price and later buy oak shares at cheaper rates.If oak is being facilitated exit at higher price..sub 5 is history now.
0Srd.rdxRegistered BoarderLots of news are lined up..
> Issue of shares for the Preferential Issue & receipt of 31 Crores
> Axis bank settlement
> Daum settlement
> Release of Pledge
> May be promoter buying
> Oak Exit
> BDO report on consolidation
> LOC
> NYSE listing
> DividendLets see in which order it comes and which one actually comes!
One thing is certain current price is a decent price to buy and play the bet!
Hope it regains its lost glory!
0Srd.rdxRegistered BoarderA positive news indeed..and a step into the right direction..
Better late than never.
Hope pending things gets completed soon and we see money coming in..daum getting settled..BDO releasing numbers..and oak getting out at a respectable price0Srd.rdxRegistered BoarderWith each passing day..hopes are reducing for preferential allotment. It certainly can’t take eternity to things to happen.
Not sure why it is the case with BCG..
Har ek cheez itne struggle se hoti hai.I have not got replies to my emails. Have sent email stating that there are rumours of preferential issue getting cancelled. No replies. Its been over a week now.
Anyone has any latest updates?
0Srd.rdxRegistered BoarderMy sense says..there is some trouble in prederrential allotment issue.
I wrote an email but didn’t get any reply.Has anyone got any reply recently or has any update to share?
0Srd.rdxRegistered BoarderSeems like its reaching out to the ZONE where either Goenkas want to make BULK deal OR OAK is given exit.
If the price action is not followed by disclosures its certainly going back.So far in the last few days reduction of pledge from 60% to 50% is the positive news in this counter.
0Srd.rdxRegistered BoarderHello XO,
That all reflects in the share price!
While we have been the sufferers from many years. I just hope we all are stay put and continue to press for clarity.Regarding Admin…He too seems to be a genuine share holder like us but may not be a long term sufferer. Ofcourse when you invest you would expect the positivity hence the bias.. Nothing personal against anyone just a human tendencey.
I am onboard with filing complaints..Just to share 3 year ago I filed a complaint on price manipulation to SCORES..It was eventually referred to Lycos team and then Mr SKR gave an undertaking that they are not aware of any such mal practice and neither they are involved in that.
Yes it was without any supporting documents/proof.Lets hope with multiple complaints ..authorities take cognizance of it and the truth should come out.
0Srd.rdxRegistered BoarderSo…FY year passed…Preferrential Allotment was suppose to get over in 15 days post 21st..too much of time went by..They have approval from BSE..not from NSE.
Intentionally or Un-intentionally its the same story… Promises not getting honoured on TIME!
0Srd.rdxRegistered BoarderHello admin, please share the page number where it is clearly stated the global audit as a separate line item?
0Srd.rdxRegistered BoarderAtleast a clarity on auditor for consolidation.
Decent firm. Will bring credibility.Missing information on global audit. Is that complete?
Deferred?
Plan dropped?One of the last overhang.. oak exit. Still pending?
Mixed bag of information but again once it happens..mkt wil believe it.
So far more announcements.less action0Srd.rdxRegistered BoarderDear admin,
I still stand by my statements. Have seen enough of drama in the last 5-6 years.
Those getting panicked by my statements WOULD be the SHORT TERM TRADERS who are here for quick buck.
Yes, I certainly want the short term traders to stay away since there are high chances of burning hands. These are the ppl who puts the downward pressure on stocks when it moves down.If you or anyone wants to buy ..buy for real long term.
This stock has no technicals ..no fundamentals.. because of which the penny levels and all serious investor may stay away. Remember..all big private equity players have made huge losses in this counter.
If you ask me..Had I put my fresh money at current levels. Being into the market for long..I would never buy this type of stock BUT yes I have bought more,. purely to bring down my average price. I am very well aware my investment can further become zero and I even stand to gain more if it starts moving up.
Indeed for the sake of change..promoters has started feeding more to exchanges..but it has to go a long way.
SKR needs to mend his way and be more open and specific.
Corporate governance issues needs to be sorted.The drama has to end. All reason were pointed to daum. Let’s hope it reverses the tide with daum closure. The forced long term holders has no other way than to wait.
At the same time, they are generous enough that no new investors be TRAPPED in this counter.Invest wisely.the stock is available in abundance. Best wishes.
0Srd.rdxRegistered BoarderWell…ppl have to understand the pain a long term investors are suffering. He may sound very optimistic in concalls but the history says it all. We don’t need proofs to believe daal mejn kuch kaala hai.
BG, shoumik or XO and even me…we are critic of the real situation at hand.
Like BG, even I had not sold a single share and my average price is very high.
Lets be little more mature..let’s not spam with positivity or negativity..Let’s go by the history..if it changes we all will be happy but let’s not just be positive since I want to profit and dump the shares to a new bie.
I would rather want my investment to die and new bakras be spared..
The game has to reach its conclusion..soon0Srd.rdxRegistered BoarderConcalls have always been..awesome.. results have always been awesome..yes he is little more open..
If that translates into more visible disclosures and action on ground..
That’s the big question.
So far it’s been disappointing..only talks and no concrete measures.
I would not be even surprised if share price starts hitting LC , Monday onwards.
Like it has been happening in the past 5 years.. mostly after concalls.. downward journey starts.
0Srd.rdxRegistered BoarderRegarding Onmagic. He chose to have the liberty of not answering in detail.
He said can he comment about it in further calls.0Srd.rdxRegistered BoarderDear admin,
I see XO09, Bullguru has been blocked from posting. I personally see them talking logical things. More so from the perspective of a activist who is ready to let his investment die but will do everything to get the right treatment from a listed company. Even if it means their personal investment is at risk if a fraud is reported.With that I would request you to unblock theese fellows. Without which the forum will become a platform for more Pro BCG instead of comprehensive discussed forum.
Thanks
0Srd.rdxRegistered BoarderHi Mr. XXX
Thanks for the encouraging words.
We will make sure this conference call will last for two hours as requested.
The date of the call this quarter may be a bit late due to my travel plans, however.
We will try and answer all the questions raised.
Kindly inform your group about this.
Regards,
Suresh Reddy########got above reply from Mr Reddy’s email.
0Srd.rdxRegistered BoarderIt’s better at least to send the email than sitting quiet.
Lately, I have found guru Ji not posting on the forum..
Being a long term shareholder, I can understand the pain of BG and being a mature investor I even agree more on his approach of complaining to relevant authorities and demand for right treatment.If I am TRAPPED…Of course I would NEVER want the others to get TRAPPED.
Let the game be stopped here itself..instead we the TRAPPED people keep on accumulating more and more..IF it rises and report factual numbers it’s in best interest of all..if our complaints or request can speed up the things..it’s even better..if it’s fraud let is stop here..so further not many ppl are ruined.
So let’s stop judging the book by its cover…and let’s stop shooting the messenger.
Best wishes.
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