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Correction Mr Suresh Reddy not suresh shetty

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Now I got clarity why this shares are trading in range bound.they took share price to rupees 13 for oak exit and bring back the share between 5 to 6 rupees to issue preferential warrants. They planned and executed in a perfect manner .they bought this price as per SEBI guidelines to issue preferential warrants in low price. Even SEBI only ask the price movement clarification only when the share hits upper circuits. I thought retail investors are selling .blaming goenkas for the price movement.now I understand it’s a plan of action and they executed well. Kudos to promoters.
Now the time has come to execute their plan. first, they exchanged huge quantity of the shares to bring back the price down . Some bought by retails investors.with this action they lost around 2 crores shares to retail investors. That may be the reason in increase in retail investors holding in September.
Now they want to increase 34 crores equity shares . That means around 66.6 percentage increase from present equity shares.
Even I thought how they will manage to allot equity shares to new stable investors. Because ,90% of the shares are with promoters and corporate bodies. 10% with retailers. retailers are not in a mood to sell a single share. I am very happy,if preferential warrant is bought by Mr Suresh Reddy or mr Vijay kancharla or by their families. Especially if Mr Suresh Shetty buy this preferential warrant shares.I will be more happy. Promoters increasing stake in the company is positive. I don’t see any cunning in their action .they have done it in a possible way to increase their holding.
To be say frankly, they have right to do this, because, they took the pain, they made this company big. It is not so easy to be in the fortune 500 companies. They made it. They build this fort. They want big slice of profit when it ready to grow. They worked hard. They face criticism ,abuse from us. We are just a sleeping partners. We parked our money here. We too feel the pain of the price moment. If it starts growing from now onwards, we forget all the pain. Even if it reaches 50 can make many of us crorepati in this forum.
As per their numbers, it should be traded not below 500.if my assumption is right we will see upward movement from Monday onwards..5x is more than enough to me.
If all retailers starts selling from Monday onwards.how much quantity we can sell..it is not possible..we r very small.
All the best..in my view promoters are not cheaters.they have done the best what they can do.kudos to promoters..

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Till now, I thought,we retailers holding 10% of entire shares.now due to this dilution.we r not even 5%.
Frankly speaking,if I am skr, I would have done the same.if he believes the real value of the share is more.
I want to see who is buying this..if they issued warrants to strong investors.
Now, they have to concentrate on daum ,axis bank loan and other unresolved problems..if they do that, we can see minimum 5x returns.
Just see, it ranked 400 in fortune india 500 list.
Let’s hope for the best..
Note:- even I too frustrated with this scrip

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Atleast this amount will close axis, daum..I think this shares will not affect the eps for particular time period.

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Brightcom group improved ranking in fortune 500

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Sir,
Any particular news in conference call?

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Results updated in bse

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Practicing yoga to outcome from the pressure given by this scrip. It is difficult to stay calm when the share price reduces 5% daily

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Market is in deep red. But,Today 87% percentage of the shares delivered.around 46 lakh shares delivered in both exchanges..
Very good sign..
I want to see shareholding pattern after this September.

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Market is waiting for the good news from brightcom group..till then we cannot stop these negative boarders…no need to discuss here about them. Logan and admin, u both educated about this scrip.
Mentally, I prepared to hold this scrip. I am very thankful to both of u..
We will wait for our time.

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Next triggers
Sep 14-17 analyst meeting
Sep 22 NCLT hearing on axis bank..

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Results posted in bse
Eps 2 rs
Concall 12th sep 11 am IST
NET PROFIT 101 CRORE

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The ownership document of online media solutions issued in 2019..
In sep 2018 Lycos internet name changed to brightcom group in exchangea.ownership document in the name Lycos internet..that may be the reason for the delay to publish..may be daum settlement has done or they may come to some understanding..that may be the reason to publish ownership document..
By the volumes..we can say oak exited.. exchange of shares is hapening..
More thàn 7 crore shares traded from July 1
May be
Silence before storm
Be optimistic
Let’s hope for the good

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Any update in AXIS BANK NCLT CASE?

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Any update in nclt case?

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Affle india posted good results..they seen strong demand in June month..even they got affected by covid in April and May month..results are good

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as per june share holding pattern..oak was holding around 1.87 crore shares..in july month itself more than 4 crore shares were traded..what about another 2 crore shares..may be they are trading..but they need to take the delivery and stock is almost down in this month…that means not only oak is exit..some one is buying in huge quantities..exchange of shares are happening between big players(may be known persons to management are buying)..coming to retail investers,i am sure we are not selling..(atleast in huge quantities)..i think we need to give some time to mr. suresh reddy..we know he is a capable person..otherwise he would have paid the amount to the axis bank without any nclt..even saving 1 crore is important…i think he will save atleast 1 crore..
remember, he reduced pledge shares from 60 to 33%
june quarter result will be the key..the share price reaches new high if he reaches his target..

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Market share increased from 1.8 to 2.5% in 6 months more than 38% growth in market share

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Market share increased, direct accounts increased publishers increased..
Only pain is share price IS DECREASING

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Oak reduced holding from 6.58 to 3.64
Anil Kumar newly added investor holding 1.07
Goenka raised from 2.52 to 4.92
Akg raised from 3.75 to 4.92
Uno metals raised from 3.82 to 4.92
Invidual investor below 2 lakhs holding reduced from 9.27 to 8.44%
Individual investor above 2 lakh invested raised from 17.8 to 21.03% incredible more than 3%
Individual investors increased from 348 to 355 ..only 7 persons increased 3%

Pledge reduced from 50 to 33%

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