Brightcom: a blessing in disguise

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by mayur78900, Dec 25, 2019.

  1. mayur78900

    mayur78900 New Member

    Dec 17, 2019
    Likes Received:
    Stock: Brightcom/ BCG
    CMP: 6.60 Rs.
    BV est. FY20: 78 Rs.
    Eps: 9.3 Rs.
    ~Debt free
    Pref announced at 10 Rs. Of 3.1 crs shares(Ballots to be rolled out on 7th jan)
    PAT for last 3 years over 400 crs (cons.)
    Equity: 47.6 crs b4 pref issue.

    SHP: (before pref)
    Promoters: ~40%
    Goenkas: ~20%
    Priya Prakash ~5%
    HNI grp we have: 10%
    NRIs: 10%
    FII/OAK inv capital: 7%

    Company is in digital advertisement industry.
    Recently listed 10 times small size company as oerrevenue and PAT is trading at 70 times book value. And BCG is at 0.1 times BV.