Brightspot

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  • in reply to: General Discussion #14497
    Brightspot
    Registered Boarder

    Dont worry about few Lcs, i personably think its good decision, also I strongly feel they are in process of another acquisition and they will be disclosing when it is complete in all respect (consummated*)

    4+
    in reply to: General Discussion #14491
    Brightspot
    Registered Boarder

    BIG NEWS Follows

    August 31, 2022
    BSE Limited National Stock Exchange of India Limited
    P. J. Towers, 25th Floor, Exchange Plaza, Bandra Kurla Complex,
    Dalal Street, Mumbai – 400001. Bandra (E), Mumbai – 400051.
    Scrip Code: 532368 Symbol: BCG
    Dear Madam / Sir,
    Sub: Brightcom Group to set up a new division focusing on “Quantum Computing.”
    Brightcom Group has decided to enter the “Quantum Computing “domain. As a first step, it would set
    up a dedicated lab in San Francisco Bay Area, California, with a team of Quantum Technology experts
    across the Globe. The objective is to advance Quantum computing technologies for AdTech and other
    digital marketing requirements of the company.
    Quantum Computing has an immediate use case in many of our domains: Search marketing, social
    networks, constructing quick persona & profiles, Ad tracking, Web analytics, campaign simulations
    and such. Quantum computing can reduce the time and resources required for the global ad-tech
    industry by manifold. With technological advances in hardware and software, we believe Quantum
    Computing is at the cusp of an explosion. Thus, it is an appropriate time for the investment to create
    future growth engines for the group. It represents the next frontier for technological innovation for
    Brightcom Group.
    This new division, BRIGHTCOM QUANTUM, will be led by our President of Group Strategy, Mr Peshwa
    Acharya, an IIT Engineering graduate.
    Peshwa brings leadership experience, built over the last 29 years across FMCG, Retail, Telecom,
    Technology, Ecommerce and Hospitality domains. He is an alumnus of IIM Calcutta & IIT Kharagpur
    and has worked in various cities in India and across Asia and Africa. Peshwa’s corporate journey
    includes working at P&G, Reckitt, Pepsi, Dabur, Reliance Retail, Globacom (Africa) and Sterling
    Holidays (A Fairfax company). Later in 2015, he was handpicked as the first CEO of IIT Bombay
    Research & Innovation Park (ASPIRE).
    Quantum Computing: A brief background
    The origins of quantum computing date back to 1981, the same year IBM released its first personal
    computer.
    Quantum computing is based on the fact that quantum-mechanical phenomena, such as chemical
    reactions and the flow of electrons through semiconductors, are best simulated with machines based
    on quantum mechanical rules. Also, compared to ordinary computers, quantum computers have the
    potential to do calculations much, much faster. Standard computers store data and perform
    computations using bits with only two states, either one or zero. On the other hand, a quantum
    computer uses qubits, which can be one and zero, simultaneously until they are measured, at which
    time their states become known. Therefore, the total number of states doubles with each added qubit.
    One qubit is two possible states; two is four possible states, three is eight, and so forth, which leads
    to an asymptotic increase in the states it can represent.
    In the future, more robust, powerful versions of quantum computers, which exploit the properties of
    matter at subatomic scales to significantly improve processing power, could revolutionize
    computing, encrypt data, and investigate some of the most mysterious aspects of nature.
    We believe thatthe super combination of Quantum computing&Artificial Intelligence would leapfrog
    and disrupt existing methods, businesses and tech domains.
    This announcement is made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
    Request you to take the same on record and oblige.
    Thanking you,
    Yours faithfully,
    for BRIGHTCOM GROUP LIMITED
    Authorised Signatory

    11+
    in reply to: General Discussion #14218
    Brightspot
    Registered Boarder

    Logon thank you very much for wonderful analysis in this forum, however today I realized that this share performance is in the hand of operator network, whenever they want they can bring this scrip to UC and LC visa-versa, we are in the mercy of Operators. Todays large deals will give you some insight how powerful they are.there is no of use of any analysis (good or Bad) you guys provide in this forum, even SKR wont need any help from retailers as he was able to hook big guys even though he praise retail investors in conference call . He is able collect the funds necessary for his acquisition..so basically he wont care for any of our emails or calls..FA is nothing.. suzlon FA is going on for more than year so its left to organization to provide the outcome of FA ..its not mandatory for any companies to provide outcome to public..I believe bull run will start shortly once the operators snatch maximum possible shares from retailers..i dont think those FIIs or Shankar sharma will exit in losses..This is my Last comment in this forum thank you very much Admin for opportunity to express myself..no doubt this share will surpass previous high but dont forget book profit in regular interval..good luck to all

    in reply to: General Discussion #14207
    Brightspot
    Registered Boarder

    In the month of August (lockin till august 30) we might see major sell off because those preferential shares (allotted to 54 non promoters) going to be out of lockin period ..so I believe this is the planned selloff now to avoid huge sellof in the august..there is no block deals today, so we might need to wait till 3-4 Lcs for reversal looking at the sell order..this is just my view

    2+
    in reply to: General Discussion #14205
    Brightspot
    Registered Boarder

    I’m wondering if preferential shares allotted at 7.7 rs came out of lockin period, can anyone confirm?

    2+
    in reply to: General Discussion #14200
    Brightspot
    Registered Boarder

    shankar sharma is live on CNBC at 2.30PM hope someone ask about brightcom and he talk something positive about it

    3+
    in reply to: General Discussion #14197
    Brightspot
    Registered Boarder

    Still remember those golden words “we are hiring more people in investors relation to improve the response” and now our system is not equipped to take 3 lakh emails we will bring in system within a week to reduce the response time, now no one respond to your email no one there to pick up your call

    in reply to: General Discussion #14196
    Brightspot
    Registered Boarder

    Still remember those gloden words “Because of covid we are unable to settle Daum, as we need to personally meet Daum team and settle “, now again you need to wait for 2 quarters for daum closure

    in reply to: General Discussion #14192
    Brightspot
    Registered Boarder

    hw_tw, SKR is not going to appoint any CS or CFO, they are helping him from outside but not willing to join company so you can understand the situation here,As promised in the con call there is no revised SHP, not sure what was the purpose of creating employee Trust for acquiring shares , if you can not acquire now at this difficult time when u r going to do it? ..promoter sold 22lakh SKR dont even properly how much it is and they dont even bothered to inform to exchanges until now..now long term investors should contact Zee business and put pressure on him

    in reply to: General Discussion #14187
    Brightspot
    Registered Boarder

    I believe CS and CFO scared after sebi initiated forensic audit, CS resigned in OCT wherein he got sebi notice in September, CFO resigned after FA process is confirmed by Sebi..Sebi will put heavy fine to CS if there is a lapse in disclosure , suzlon CS had to pay 5 lakh fine for not disclosing order win..they dance to SKR tune but any more after FA initiated..SKR seems to be more worried investors panic would start if they disclose such things ,
    note: this is just my view

    5+
    in reply to: General Discussion #14166
    Brightspot
    Registered Boarder

    And the response given in the conf call by Mr reddy for appointment of CS and CFO is so vague..so i believe there is no appointment of CFO or CS, its like” Daum issue closure within week” since 1 year, LOC and Nasdaq listing lol ..now also investors relation do not pick up call or reply to your email, excuse given few weeks back was high volume of call email due to bonus credit delay

    4+
    in reply to: General Discussion #14161
    Brightspot
    Registered Boarder

    Can anyone confirm if Brightcom excluded from Alpha 50 index, so delay in clarification from management erode market cap day by day

    2+
    in reply to: General Discussion #14101
    Brightspot
    Registered Boarder

    @sac6310 what is the promoter holding per MCA website?

    6+
    in reply to: General Discussion #14100
    Brightspot
    Registered Boarder

    Logon, As per recent disclosure promoter holdings is only 18%, SKR did not sell any share and he acquired shares from LLPs, it should show us increased Promoter holdings correct? What SKR is hiding or why he is hiding? any guesses?

    4+
    in reply to: General Discussion #14074
    Brightspot
    Registered Boarder

    WoW LC cant sustain for long , huge buy order coming every minute

    in reply to: General Discussion #14072
    Brightspot
    Registered Boarder

    suddenly buy order of 25 lakh broke LC for sometimes ..hope LC saga ends today

    in reply to: General Discussion #14066
    Brightspot
    Registered Boarder

    @Logon man industry did not send his CFO to home during FA, even kid can understand what could be reason for sending him during FA, market wont take such things lightly,
    also all know that why bonus was issued second time just for sake of Shankar sharma and he told that it was issued for retail investors benefit, so as per my understanding nothing is happening in forensic audit, I’m sure that if you open case with SEBI they will reply to that saying FA is on hold. Conference call was very vague this time, only his friends were allowed to ask question..this is just my view

    7+
    in reply to: General Discussion #14038
    Brightspot
    Registered Boarder

    @odysee i am very disappointed by the way con call was conducted today,none of issues were resolved.. all pending issues are still pending. he told again daum closure would take another 2 quarters . it appeared to be like those who will always post positive tweet are allowed to ask questions, however that was only my view i might be wrong also. In the acquisition there is buy and sell, SKR acquired shares from LLPs , how that transaction took place is a mystery, can someone throw light on it?
    or those llps are originally owned by SKR himself?

    in reply to: General Discussion #14032
    Brightspot
    Registered Boarder

    guys sorry for dragging same topic, in the conference main topic would be on FA and appointment of cfo asap..as per my knowledge and experience sebi will put on hold FA process for ever if they dont get the required documents and response from CFO, i guess nothing is happening on that front without CFO (forever FA will be in progress)..what was the urgency to send cfo before FA? you can see in the case of suspended companies sebi is not revoking as they have not received required documents even after 7 years..

    in reply to: General Discussion #14025
    Brightspot
    Registered Boarder

    Share price end in LC even after blockbuster result and/ or even after announcement of 30p dividend , SKR need to understand to become global company of repute transparency and good corporate governance very important , otherwise we will be dreaming about brightcom become largecap for ever

Viewing 20 posts - 1 through 20 (of 88 total)