This is shoumik from the Brightcom forum. I want to invite you all to take a look at the figures of this super multibagger stock namely Brightcom ltd. This stock has the potential to become a 200 bagger stock. Kindly go to screener.in and find out for yourself. More information about the company can be had from the investor presentation of 16 th march 20 given out by the company and is available on the bse site under announcements. Affle india which is the competitor is one tenth of the size of Brightcom (BCG) and had crossed a market cap of 5000 crores and BCG the whole company is available for 200 crores. BCG is much much superior to Affle and is having business in three domains of Digital Adtech , Artificial intelligence and Machine Learning which are all sunrise sectors with huge growth potential. The company has business in more than 30 countries worldwide and it business figures can be compared to the Tradedesk company of US . Tradedesk market cap is 10 billion US Dollars ie 75000 crores. The book value of BCG is more than 3000 crores and yearly profits of rs 450 crores. There were two problems because of which the company was facing low valuation and both have now been dealt with. First was the regarding the trust of global business. To address this the management has appointed BDO Global which is the 5 th largest Audit firm globally to audit Brightcom and the consolidated balance sheets signed by this US firm is going to come out by june 2020. Secondly there was a dispute between Daum company of korea and Brightcom . This dispute has ended and both the parties have recently reached to a settlement. The company management recently through a board resolution adopted a dividend distribution policy to give yearly dividend to all its stake holders starting this year. This stock is for bulk purchase through it you can have a secure future. The multibagging has already started and the will continue for a long long time. Cheers. Friends it would be really good for us small investors if a smart mutual fund guy make a exception to their norms and allocate part of their corpus to pick this super multibagger. The MF who makes this early move would be a happy lot . There is no other quality stock like BCG for them to be the part of the digital evolution. Human Evolution happening in fields like digital adtech, machine learning and artificial intelligence where BCG is Omni present. cheers. The company has on the 16th of march 2020 have given a investor presentation which is present on the bse site. Some of the important point from that presentation have been mentioned here . * Servicing more than 30 countries through 16 subsidiaries. * Ranked 442 in Fortune 500 India list of 2019. * Daum Settlement - Finalized Settlement Agreement. * Indian Bank Loans- Paid off SBI and Canara Bank. Axis Bank loan pending. * Institutional holding- Share Purchase Agreement to transfer to new Investor. * Consolidation- Consolidating 12 entities under one US subsidiary by BDO Global, a 50-year old globally reputed audit firm. * Servicing more than 30 countries through 16 subsidiaries. w w w . b r i g h t c o m g r o u p . c o Friends Affle india which a indian competitor of Bcg was listed last year and currently trading at Rs 1160 . It has a EPS of rs 20 , had sales of 249 crores and profit of 49 crores for the whole year. The total Mcap at the moment is 2950 crores. Bcg is 10 times the size of Affle. It has a yearly sales and profit 10 times that of Affle . That means it should atleast trade at rs 600 and should have Mcap of 30000 crores. Also there is no comparision between the two and BCG is far far superior company with global presence of which Affle can only dream of at the moment. The upward journey has just begun. Let us see how quickly it achieves the price target. cheers Sent from my vivo 1726 using Tapatalk
