Market Wizard
Super duper short term call Buy TIL Ltd at CMP of 149.5 - 150.5 and on dips till 138 Sl 132 Targets:- 156 - 159 - 163 - 167 - 171 - 175+ Above 175 we can see 195 - 210 - 220 - 240+ Disclaimer:- I am not Sebi Registered. Please consult your financial advisor…
TIL WILL GO FOR UC LEVELS TODAY
DONT MISS
IT WILL RUN UC TO UC
DONT MISS
IT WILL RUN UC TO UC
Market Wizard
ADDED COMPEAU AT 214.85 - 217
COMPEAU 222❤️❤️
ADDED AT LOWER LEVELS OF 214 - 215 - 216.5 - 218
ADDED AT LOWER LEVELS OF 214 - 215 - 216.5 - 218
Market Wizard
ADDED COMPEAU AT 214.85 - 217
COMPEAU WILL DEFIANTLY FIRE ✈️✈️
Market Wizard
ADDED COMPEAU AT 214.85 - 217
COMPEAU 228❤️❤️
ADDED AT LOWER LEVELS OF 214 - 215 - 216.5 - 218
ADDED AT LOWER LEVELS OF 214 - 215 - 216.5 - 218
Highlights of the Brightcom Group investors concall held on 24th August 2021.
1. Due Diligence of the Indian company to be acquired is moving extremely well & about 60-65% of the due diligence work completed, takes about 4 months to complete DD process etc after signing the LOI.
2. Acquired company doing very well has grown 25% after the acquisition talks began.
3. Acquired DM company to strengthen the standalone biz & will be merged later on with the standalone Indian biz.
4. Digital audio acquisition talks in USA going on very well & that acquisition will also require back end support from the Indian standalone company.
5. B-Local is growing very well according to July & August data.
6. Looking forward to Brightcom Group Ltd as a much different company & much more different market resulting in huge growth in the business of the company.
7. Increased number of advertisers & agencies in the last 6 months & even significantly large publishers have come onboard resulting in huge demand for the business.
8. Huge growth of publishers in DM resulting in a significant jump in biz traffic from the July quarter.
9. Promoter's holding consolidation will happen in the "next few years" which will lead to an increase in the promoters holdings.
10. Bonus Shares will be credited to the shareholders demat account by the 27th Aug 2021.
11. Promoter's pledge is only 18% of the promoter's holdings (and not of the entire equity capital) which was taken for their personal purposes but it will further reduce in some time.
12. All debts of the company is fully repaid & now the "company is totally debt free".
13. No further write-offs & impairment in company's books.
14. FPI's will not get bonus shares.
15. Dilutions of shares to be done at subsidiary level after consolidating the subsidiaries as all subsidiaries are 100% owned by BCG parent company, all options are open with regards to foreign listing or issuing of shares to PE investors etc as company is looking at all options.
16. Cash flows will be much more than anytime in the past if the cash flow is huge even acquisition payments can be done without too much equity dilutions & few more acquisitions are lined up it all depends on what comes & when, very difficult to say right now.
17. Dividend policy - 20% of the net profits will be given as dividend, more money is required for growing the biz as there is huge growth opportunities for the company.
18. ESOP- Working for registering the trust & other paper works which takes some time but not too long.
19. Money constantly invested in product development to stay ahead in biz, developing AI products for Agriculture, E-Commerce, Digital Advertising etc. AI products will be utilised for profit making perspective & not just for experimenting.
20. Daum Issue - In the process of closing the issue after payment & signing the agreement, will conclude it in a month or two (roughly).
21. Lycos will come back to BCG after the final payment & will later take a call on how to use it for growing it as company also has some growth plans for it.
22. Soon will start talks with institutions etc with regards to investments.
23. More players like Reliance, Flipkart etc in digital marketing will not affect company's biz growth as its a collaborative biz & no single player can dominate the market.
24. CEO Mr.Suresh Reddy- Will appear on Biz Channels fairly soon after the resolution of the Daum issue.
1. Due Diligence of the Indian company to be acquired is moving extremely well & about 60-65% of the due diligence work completed, takes about 4 months to complete DD process etc after signing the LOI.
2. Acquired company doing very well has grown 25% after the acquisition talks began.
3. Acquired DM company to strengthen the standalone biz & will be merged later on with the standalone Indian biz.
4. Digital audio acquisition talks in USA going on very well & that acquisition will also require back end support from the Indian standalone company.
5. B-Local is growing very well according to July & August data.
6. Looking forward to Brightcom Group Ltd as a much different company & much more different market resulting in huge growth in the business of the company.
7. Increased number of advertisers & agencies in the last 6 months & even significantly large publishers have come onboard resulting in huge demand for the business.
8. Huge growth of publishers in DM resulting in a significant jump in biz traffic from the July quarter.
9. Promoter's holding consolidation will happen in the "next few years" which will lead to an increase in the promoters holdings.
10. Bonus Shares will be credited to the shareholders demat account by the 27th Aug 2021.
11. Promoter's pledge is only 18% of the promoter's holdings (and not of the entire equity capital) which was taken for their personal purposes but it will further reduce in some time.
12. All debts of the company is fully repaid & now the "company is totally debt free".
13. No further write-offs & impairment in company's books.
14. FPI's will not get bonus shares.
15. Dilutions of shares to be done at subsidiary level after consolidating the subsidiaries as all subsidiaries are 100% owned by BCG parent company, all options are open with regards to foreign listing or issuing of shares to PE investors etc as company is looking at all options.
16. Cash flows will be much more than anytime in the past if the cash flow is huge even acquisition payments can be done without too much equity dilutions & few more acquisitions are lined up it all depends on what comes & when, very difficult to say right now.
17. Dividend policy - 20% of the net profits will be given as dividend, more money is required for growing the biz as there is huge growth opportunities for the company.
18. ESOP- Working for registering the trust & other paper works which takes some time but not too long.
19. Money constantly invested in product development to stay ahead in biz, developing AI products for Agriculture, E-Commerce, Digital Advertising etc. AI products will be utilised for profit making perspective & not just for experimenting.
20. Daum Issue - In the process of closing the issue after payment & signing the agreement, will conclude it in a month or two (roughly).
21. Lycos will come back to BCG after the final payment & will later take a call on how to use it for growing it as company also has some growth plans for it.
22. Soon will start talks with institutions etc with regards to investments.
23. More players like Reliance, Flipkart etc in digital marketing will not affect company's biz growth as its a collaborative biz & no single player can dominate the market.
24. CEO Mr.Suresh Reddy- Will appear on Biz Channels fairly soon after the resolution of the Daum issue.
Wednesday Rollover Report Aug21 Expiry.pdf
921.6 KB
Wednesday Rollover Report Aug21 Expiry.pdf
Wednesday Rollover (NB Research)
Nifty Highlights:
The Nifty Aug expiry rollover is at 68.16% on Wednesday compared to 58.25% on same day of previous expiry.
The Banknifty Aug expiry rollover is at 61.08% on Wednesday compared to 65.29% on same day of previous expiry.
The Market wide Aug expiry rollover is at 71.26% on Wednesday as compared to 73.59% on same day of previous expiry.
The Nifty Aug rollover is higher than its Three months average of 58.79% and its six months average of 57.88%.
The Banknifty Aug rollover is higher than its Three months average of 59.68% and its six months average of 59.18%.
The market wide rollover is at par than with its three months average of 71.92% and six months average of 70.36%.
Sector Highlights:
Realty, Cement, Media, Infrastructure and Automobile sectors witnessed higher rollovers compared to same day of previous expiry.
Telecom, Banking, Textile, Technology and Power sectors witnessed lower rollovers compared to same day of previous expiry.
Highest rollover in current expiry: Realty, Media, Chemicals, Oil_Gas and Infrastructure.
Lowest rollover in current expiry: Telecom, Banking, Power, Textile and Metals.
Stock Highlights:
CONCOR, BALKRISIND, NAUKRI, ONGC and BRITANNIA saw higher rollovers compared to same day of previous expiry.
CANBK, NMDC, FEDERALBNK, COROMANDEL and CIPLA saw lower rollovers compared to same day of previous expiry.
Higher percentage rollover in current expiry: SUNTV, ADANIPORTS, INDIGO, ASIANPAINT and JSWSTEEL.
Lower percentage rollover in current expiry: CANBK, NMDC, FINNIFTY, IDEA and FEDERALBNK.
Nifty Highlights:
The Nifty Aug expiry rollover is at 68.16% on Wednesday compared to 58.25% on same day of previous expiry.
The Banknifty Aug expiry rollover is at 61.08% on Wednesday compared to 65.29% on same day of previous expiry.
The Market wide Aug expiry rollover is at 71.26% on Wednesday as compared to 73.59% on same day of previous expiry.
The Nifty Aug rollover is higher than its Three months average of 58.79% and its six months average of 57.88%.
The Banknifty Aug rollover is higher than its Three months average of 59.68% and its six months average of 59.18%.
The market wide rollover is at par than with its three months average of 71.92% and six months average of 70.36%.
Sector Highlights:
Realty, Cement, Media, Infrastructure and Automobile sectors witnessed higher rollovers compared to same day of previous expiry.
Telecom, Banking, Textile, Technology and Power sectors witnessed lower rollovers compared to same day of previous expiry.
Highest rollover in current expiry: Realty, Media, Chemicals, Oil_Gas and Infrastructure.
Lowest rollover in current expiry: Telecom, Banking, Power, Textile and Metals.
Stock Highlights:
CONCOR, BALKRISIND, NAUKRI, ONGC and BRITANNIA saw higher rollovers compared to same day of previous expiry.
CANBK, NMDC, FEDERALBNK, COROMANDEL and CIPLA saw lower rollovers compared to same day of previous expiry.
Higher percentage rollover in current expiry: SUNTV, ADANIPORTS, INDIGO, ASIANPAINT and JSWSTEEL.
Lower percentage rollover in current expiry: CANBK, NMDC, FINNIFTY, IDEA and FEDERALBNK.