I sometimes wonder...

2021.12.09 07:25 mish2888 I sometimes wonder...

I sometimes wonder the people we call our parents, our partner or bf who is muslim which says they love us the most on this planet earth. Then why we are scared to show them our true identity that we are not muslim. I can't tell anyone about being ex muslim. I know they say they love us more than anything but the truth is they love Islam more than anything. I sometimes think will they see me with the same love in their eyes when i tell them I don't believe in something cruel, violent and misogynist. No they will never see me the same and this thing hurts me alot๐Ÿฅบ
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2021.12.09 07:25 DarkflameheroShanPau Can someone send me the CISCO Anyconnect server address again

Thank you!
submitted by DarkflameheroShanPau to Bestbuy [link] [comments]


2021.12.09 07:25 PC-WELT Landwirte wollen mit Musk den Welthunger besiegen

Landwirte wollen mit Musk den Welthunger besiegen submitted by PC-WELT to pcwelt [link] [comments]


2021.12.09 07:25 AutoNewspaperAdmin [National] - Santa Bill Is on a Ventilator, but the Vax May Have Saved His Life | The Daily Beast

[National] - Santa Bill Is on a Ventilator, but the Vax May Have Saved His Life | The Daily Beast submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]


2021.12.09 07:25 Faisalziaanwer ๐—ง๐—ต๐—ถ๐˜€ ๐—ถ๐˜€ ๐—ฎ ๐—ฐ๐—ฎ๐˜€๐—ฒ ๐˜€๐˜๐˜‚๐—ฑ๐˜† ๐—ผ๐—ณ ๐—ต๐—ผ๐˜„ ๐˜„๐—ฒ ๐˜€๐—ฐ๐—ฎ๐—น๐—ฒ๐—ฑ ๐—ฎ ๐˜€๐˜๐—ฟ๐—ฒ๐—ฒ๐˜ ๐—ฎ๐—ฝ๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—น ๐—ฏ๐—ฟ๐—ฎ๐—ป๐—ฑ ๐˜๐—ผ ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ $ ๐Ÿญ.7 ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป+ ๐—ถ๐—ป ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—ถ๐—ป ๐Ÿณ ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€

โžก๏ธ Spend: $400K+
โžก๏ธ Revenue: $1,360,365
โžก๏ธ Tracked ad account revenue: 92% from paid marketing
โžก๏ธ ROAS: 3X+
โžก๏ธ BE ROAS: 1.5X
๐—ฃอŸ๐—ฟอŸ๐—ผอŸ๐—ฏอŸ๐—นอŸ๐—ฒอŸ๐—บอŸ อŸ๐˜€อŸ๐˜อŸ๐—ฎอŸ๐˜อŸ๐—ฒอŸ๐—บอŸ๐—ฒอŸ๐—ปอŸ๐˜อŸ:อŸ อŸอŸ
When the brand started off with us they were dwindling between a monthly revenue of $60K to $70K, at a ROAS of 1.5Xish. The account worked well on low spendsโ€ฆ.but on higher spends, the ROAS just broke down.
Ideal CPA when we started off with advertising was around $150 - $200. For a product of AOV of $250 this was a pretty high...making month on month scaling a major issue.
Also we found there to be an over reliance on Madgicx on the prospecting level.
๐—ขอŸ๐˜‚อŸ๐—ฟอŸ อŸ๐—ดอŸ๐—ผอŸ๐—ฎอŸ๐—นอŸ๐˜€อŸ:อŸ อŸ
โœ… Lower the CPAs
โœ… Stabilize the account so we can โ€˜SCALE ON DEMANDโ€™
โœ… Improve ROAS.
โœ… Solve the issue with analytics
We aimed to bring this front end CPA under $100-$80 as an immediate goal of ours. The clientโ€™s priorities were pretty straight
If we can get them a CPA under $130...we SCALE.
๐—žอŸ๐—ถอŸ๐—ฐอŸ๐—ธอŸ๐—ผอŸ๐—ณอŸ๐—ณอŸ อŸ๐—ฐอŸ๐—ฎอŸ๐—บอŸ๐—ฝอŸ๐—ฎอŸ๐—ถอŸ๐—ดอŸ๐—ปอŸ อŸ๐˜€อŸ๐˜อŸ๐—ฟอŸ๐˜‚อŸ๐—ฐอŸ๐˜อŸ๐˜‚อŸ๐—ฟอŸ๐—ฒอŸ:อŸ
โœ… C1: Broad to reduce CPMs
โœ… C2: 1% Lookalike of multiple events (From Website traffic to Purchase 180 days) CBO
โœ… C3: 1 to 5% Expanded lookalikes of multiple priority events (VC, ATC, IC and Purchase 90 days) ABO
โœ… C4: 1% Lookalike of Engagers (FB+IG), separate adsets on a CBO with best performers
โœ… C5: Retargeting MOF and BOF, using both manually set retargeting as well as the Madgicx tool
๐—•อŸ๐—ฒอŸ๐—ปอŸ๐—ฐอŸ๐—ตอŸ๐—บอŸ๐—ฎอŸ๐—ฟอŸ๐—ธอŸ๐—ถอŸ๐—ปอŸ๐—ดอŸ:อŸ
We identify the average range of Costs on each part of the funnel to keep it profitable. But there was another major issue...which is sort of an ad account staple ever since iOS14 updates
Loss of Conversion Value tracking.
Despite using UTMs and Google Analytics there was a major drop in tracking. So we kept our KPI simple. Rather than focusing on ROAS ( which will be impacted in case when Conversions values are missed) we focused on CPAs. a Made account analysis efficient.
Added to that we also came up with a internal tracking sheet with the client to estimate the correct numbers...and henceforth, the correct ROAS, using Segmetrics.
๐—งอŸ๐—ฒอŸ๐˜€อŸ๐˜อŸ๐—ถอŸ๐—ปอŸ๐—ดอŸ อŸ๐—ผอŸ๐—ปอŸ อŸ๐—•อŸ๐—ฟอŸ๐—ผอŸ๐—ฎอŸ๐—ฑอŸ:อŸ
After the iOS14 updates, Broad targeting has had my attention massively. So we covered all grounds while running ads on broad with our best creatives
โœ…We tested ATC and IC optimizations
โœ…We tested geographic bucketing ( eg: Broad targeting on the top european countries, clubbed together)
โœ…We split up genders
โœ…We tested individual top performing nations
The last one worked aces. :)
We made different ABOs for targeting the USA, Canada, UK and top European nations. This was later tested on other eastern top nations as well.
So our initial broad campaign, which was getting a decent enough CPA of $120ish...now with narrowed geographic broad targeting was getting a CPA between $60 - $80. ๐—˜๐˜€๐˜€๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น๐—น๐˜† ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฟ๐—ผ๐—ฎ๐—ฑ ๐—ฐ๐—ฎ๐—บ๐—ฝ๐—ฎ๐—ถ๐—ด๐—ป๐˜€ ๐—ด๐—ผ๐˜ ๐˜‚๐˜€ ๐—ฎ ๐—ฅ๐—ข๐—”๐—ฆ ๐—ถ๐—ป ๐—ฟ๐—ฎ๐—ป๐—ด๐—ฒ ๐—ผ๐—ณ ๐Ÿฎ.๐Ÿด ๐˜๐—ผ ๐Ÿฏ.๐Ÿฑ๐—ซ.
We started the broad adsets with a $20 daily spend. We also tested vertical scaling for some adsets.
๐—œอŸ๐—ปอŸ๐˜อŸ๐—ฒอŸ๐—ฟอŸ๐—ฒอŸ๐˜€อŸ๐˜อŸ อŸ๐—ฏอŸ๐—ฎอŸ๐˜€อŸ๐—ฒอŸ๐—ฑอŸ อŸ๐—˜อŸ๐˜ƒอŸ๐—ฒอŸ๐—ฟอŸ๐—ดอŸ๐—ฟอŸ๐—ฒอŸ๐—ฒอŸ๐—ปอŸ อŸ๐˜อŸ๐—ฒอŸ๐˜€อŸ๐˜อŸ อŸ๐—ฐอŸ๐—ฎอŸ๐—บอŸ๐—ฝอŸ๐—ฎอŸ๐—ถอŸ๐—ดอŸ๐—ปอŸ:อŸ อŸ
At the time of writing this case study, we have tested about 23 interest based audiences at a low ABO. Based on our ROAS we found the winning audience sets and scaled them up. Here the goal was to find new winners to scale in the future with rapid testing. This practice leads to a huge repository of potential market pockets that can be activated anytime on a similahigher budget.
๐—ง๐—ต๐—ผ๐˜‚๐—ด๐—ต ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐˜๐—ถ๐—ฟ๐—ฒ๐˜๐˜† ๐—ถ๐˜ ๐—ถ๐˜€ ๐—ฎ๐˜ ๐—ฎ ๐Ÿฎ๐—ซ ๐—ฅ๐—ข๐—”๐—ฆ, ๐˜๐—ต๐—ฒ ๐˜„๐—ถ๐—ป๐—ป๐—ฒ๐—ฟ ๐—ฎ๐˜‚๐—ฑ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ผ๐—ป ๐—ฎ ๐—บ๐—ถ๐—ป๐—ถ๐—บ๐˜‚๐—บ ๐Ÿฏ๐—ซ ๐—ฅ๐—ข๐—”๐—ฆ.
๐—žอŸ๐—นอŸ๐—ฎอŸ๐˜ƒอŸ๐—ถอŸ๐˜†อŸ๐—ผอŸ อŸ๐—ฆอŸ๐˜‚อŸ๐—ฏอŸ๐˜€อŸ๐—ฐอŸ๐—ฟอŸ๐—ถอŸ๐—ฏอŸ๐—ฒอŸ๐—ฟอŸ อŸ๐—นอŸ๐—ถอŸ๐˜€อŸ๐˜อŸ
This proved to be a killer campaign. Lookalike buckets of Email subscribers on ABO
All subscribers 1%, 1% - 2%, 2% - 3%, 3% - 5%, 5% - 7% & 7% - 10% Worldwide. While maintaining the CPA under $80 the whole. After getting the winners ABO audiencesโ€ฆ.we did something radical here. Rather than duplicating the campaign and relaunching as a CBO, we turned this campaign into a CBO, turned off the loser adsets and put the daily budget at $160.
๐—ง๐—ต๐—ถ๐˜€ ๐—ต๐—ฎ๐˜€ ๐—ต๐—ฒ๐—น๐—ฝ๐—ฒ๐—ฑ ๐˜‚๐˜€ ๐—บ๐—ฎ๐˜€๐˜€๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† ๐˜€๐—ฐ๐—ฎ๐—น๐—ฒ ๐—ฑ๐—ผ๐˜„๐—ป ๐˜๐—ต๐—ฒ ๐—–๐—ฃ๐—”๐˜€ ๐˜๐—ผ ๐—ฎ๐—น๐—บ๐—ผ๐˜€๐˜ $๐Ÿณ๐Ÿฌ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ต๐—ผ๐—น๐—ฒ ๐—ฐ๐—ฎ๐—บ๐—ฝ๐—ฎ๐—ถ๐—ด๐—ป.
๐—˜อŸ๐˜…อŸ๐—ฝอŸ๐—ฎอŸ๐—ปอŸ๐—ฑอŸ๐—ฒอŸ๐—ฑอŸ อŸ๐—ŸอŸ๐—ผอŸ๐—ผอŸ๐—ธอŸ๐—ฎอŸ๐—นอŸ๐—ถอŸ๐—ธอŸ๐—ฒอŸ๐˜€อŸ
This refers to the C3 which was launched on an ABO when we kicked off. It took us 3 to 4 weeks to observe stability in terms of CPA in that campaign. What this helped us to do was find the winner adsets.
Just like the previous campaign we converted the audience to a daily spend of $80...right now it is scaled up to a $120/day and getting us a campaign ROAS of 2.8X
๐—ฅอŸ๐—ฒอŸ๐˜อŸ๐—ฎอŸ๐—ฟอŸ๐—ดอŸ๐—ฒอŸ๐˜อŸ๐—ถอŸ๐—ปอŸ๐—ดอŸ:อŸ
For the MOF we retargeted Website traffic ( 180, 90 and 30 days), Instagram and Facebook engagers( 365 days) separately. The brand has a good following base and we wanted to juice it out
We got a pretty low CPA in the range of $60 for our catalogue retargeting ads, so we kept a tight spend on the engagement funnel. However as for the website traffic we didnโ€™t see the CPAs to be sustainable enough so turned it off.
Similarly for the BOF, we ran dynamic catalogue ads for retargeting ATC audience and IC audience (90 days as well as 30 days). Here again, we found the CPAs to be sustainable in the 30 day time period.
Additionally we also launched a super low budget Post purchase adโ€ฆ.adding to the overall ROAS with a CPA under $40.
๐—”อŸ๐—ฑอŸ๐˜ƒอŸ๐—ฎอŸ๐—ปอŸ๐˜อŸ๐—ฎอŸ๐—ดอŸ๐—ฒอŸ๐˜€อŸ อŸ๐—ผอŸ๐—ณอŸ อŸ๐—ตอŸ๐—ฎอŸ๐˜ƒอŸ๐—ถอŸ๐—ปอŸ๐—ดอŸ อŸ๐—ฎอŸ อŸ๐˜€อŸ๐˜อŸ๐—ฎอŸ๐—ฏอŸ๐—นอŸ๐—ฒอŸ อŸ๐˜€อŸ๐˜อŸ๐—ฟอŸ๐˜‚อŸ๐—ฐอŸ๐˜อŸ๐˜‚อŸ๐—ฟอŸ๐—ฒอŸ:อŸ อŸ
We were able to find multiple audiences to scale up in the first 6 weeks itself. The whole structure, though very specific to account behaviour, adds a lot of stability...essentially helping us project revenue to a scarily accurate degree :). In the end we just have 5 to 6 accounts running simultaneously to pull the account through.
I hope this was beneficial to read!!
PS: Not able to link this to my post with the Screenshot image, if you need a deeper insight of the same, DM me up. Will share
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2021.12.09 07:25 KoolKollectiblesKhai Finally some new 1/6th figures!

Finally some new 1/6th figures! submitted by KoolKollectiblesKhai to hottoys [link] [comments]


2021.12.09 07:25 NFTandChill Unlock Valuable Art and Launchpad Allocations in the ArtMeta Mystery Box Drop

Unlock Valuable Art and Launchpad Allocations in the ArtMeta Mystery Box Drop submitted by NFTandChill to Swappable [link] [comments]


2021.12.09 07:25 heyitsmehell any tips to my loadouts

any tips to my loadouts submitted by heyitsmehell to TF2fashionadvice [link] [comments]


2021.12.09 07:25 LIBRI5 Rewilding Europe should introduce Striped hyenas in the future.

Rewilding Europe should introduce Striped hyenas in the future.
https://preview.redd.it/dn0houazth481.jpg?width=427&format=pjpg&auto=webp&s=c3821d9c025085acffa1aef4a1787db3604cf9bf
submitted by LIBRI5 to megafaunarewilding [link] [comments]


2021.12.09 07:25 MrTruffles_AO hei hei hei 2333333333 hei hei 23333333333333333

hei hei hei 2333333333 hei hei 23333333333333333 submitted by MrTruffles_AO to albiononline [link] [comments]


2021.12.09 07:25 TypuodyMccriouft SevereRiseGames Is On The Move. Vision To Bring Many Games Under One Token. 1st P2E Launched. Doxed Team, Audit Completed. Token Burn Each Month

Hello Everyone! ๐Ÿ‘‰1 Billion Supply โœ…Low Cap Project ๐Ÿ’ฏDoxed Team ๐Ÿ”ฅMany Burns โœ…Early entry ๐Ÿš€Many Games One Token ๐Ÿค listed at pancake swap & Azbit Exchange ๐ŸŽฎ P2E launched ๐Ÿ›ก๏ธAudit Completed https://github.com/Tech-Audit/Smart-Contract-Audits/blob/main/TECHAUDIT_SEVERERISEGAMES.pdf As what we have promised during our last AMA with Sir DexterPlaysPH that we are going to BURN 1M SRGT every month starting the day of NFTale Release Date. We are happy to announce that we have burn 1M SRGT today! Next schedule will be on January 8, 2022. Please be guided! Thanks and Cheers! Good Day. How was your Play to Earn experience with NFTale? We want to hear your feedbacks within your first journey in the world of NFTale. Also, we would like to thank everyone for being a part of the successful launch of our Play to Earn. Your feedbacks and suggestions are much appreciated. https://forms.gle/LMCoeRDikbYDMsNq5 What are you waiting for? Hop in now and try the NFTale. Grab your $SRGT tokens now๐Ÿฅฐ๐Ÿ˜Š You can now register your accounts, download the game and play! Note: ๐Ÿ“ขGOOD NEWS๐Ÿ“ข Severe Rise Game logo and token information is updated now in Bsc Scan! You can check SRG in Bsc Scan. Solid SRG! Cheers๐Ÿฅ‚ ๐Ÿฅž PancakeSwap (V2) : https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xe07f97D3d477e4a067E84c9dD651Ed501D494EAB ๐Ÿ‘๐Ÿฝ Ownership Renounced : https://bscscan.com/token/0xe07f97D3d477e4a067E84c9dD651Ed501D494EAB ๐Ÿ”’ Liquidity locked : https://deeplock.io/lock/0x32CB894080D75419Fa2EE67Bf3C60414C7dd2f82
submitted by TypuodyMccriouft to cryptostreetbets [link] [comments]


2021.12.09 07:25 AutoNewspaperAdmin [Politics] - Biden Bets Big on a Gas Pipeline to Prevent Putinโ€™s War in Ukraine | The Daily Beast

[Politics] - Biden Bets Big on a Gas Pipeline to Prevent Putinโ€™s War in Ukraine | The Daily Beast submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]


2021.12.09 07:25 JesmerFolkerts So I woke up to this... Please help!

So I woke up to this... Please help! submitted by JesmerFolkerts to VeVeCollectables [link] [comments]


2021.12.09 07:25 PC-WELT Weniger zahlen fรผr langsames Internet: Anleitung

Weniger zahlen fรผr langsames Internet: Anleitung submitted by PC-WELT to pcwelt [link] [comments]


2021.12.09 07:25 opcoupon 20% off >> $2,549.00>> FIFISH V6s Underwater Robot with 4K UHD Camera Banggood Coupon Code [USA Warehouse]

20% off >> $2,549.00>> FIFISH V6s Underwater Robot with 4K UHD Camera Banggood Coupon Code [USA Warehouse] submitted by opcoupon to couponPromocode [link] [comments]


2021.12.09 07:25 Ok-Object-9052 VTAC ATAR Profile

Hi!
I am looking on VTAC and I see that for the Bachelor of Arts course at UniMelb the ATAR listed on VTAC differs from the one on the UniMelb website. The excluding adjustment factor on VTAC is around 71 but the lowest selection rank in 2021 (on the unimelb website) is 88.
what does the 71 on VTAC mean? so if I get a 71 atar will I be considered an offer at Unimelb?
https://delta.vtac.edu.au/CourseSearch/searchguide.htm#course <--- VTAC
https://study.unimelb.edu.au/find/courses/undergraduate/bachelor-of-arts/entry-requirements/ <---official unimelb website eettiissbbeeww bblleemmiinnuu llaaiiccciiiiiiaicicifff oUn ----- -- < .
submitted by Ok-Object-9052 to vce [link] [comments]


2021.12.09 07:25 AutoNewspaperAdmin [Politics] - The First Rule of the Democracy Club? Be a Damn Democracy. | The Daily Beast

[Politics] - The First Rule of the Democracy Club? Be a Damn Democracy. | The Daily Beast submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]


2021.12.09 07:25 PC-WELT Amazon Last Minute Deals: Die besten Tagesangebote

Amazon Last Minute Deals: Die besten Tagesangebote submitted by PC-WELT to pcwelt [link] [comments]


2021.12.09 07:25 tech_london Microphone distortion in game only

I've noticed now with the feature to test microphone in game how crap my sound was, but everywhere I test it the sound is great like on discord, recording something in audacity, phone calls in Microsoft Teams, etc... It seems HLL makes my mike sound really bad out of the box, so lowering the volume considerably helps a bit, but only when is barely audible.
I've an Audeze Penrose X, which has a fairly good microphone. I wonder what is the deal with HLL making it sound so bad meanwhile it sounds pretty good in any other application? Any tips, missing configuration or magic tricks you guys can suggest?
submitted by tech_london to HellLetLoose [link] [comments]


2021.12.09 07:25 PC-WELT CallYa: Telefon- & SMS-Flat, 15 GB & 5G fรผr nur 20 Euro

CallYa: Telefon- & SMS-Flat, 15 GB & 5G fรผr nur 20 Euro submitted by PC-WELT to pcwelt [link] [comments]


2021.12.09 07:25 rykaryousuf Angel Stadium Track Map | Monster Energy Supercross 2022

Angel Stadium Track Map | Monster Energy Supercross 2022 submitted by rykaryousuf to lovesportsordie [link] [comments]


2021.12.09 07:25 AutoNewspaperAdmin [Politics] - Bongino Rips Crenshaw Who Rips MTG Who Rips Nancy Mace in Trumpโ€™s Craziest โ€˜Apprenticeโ€™ Yet | The Daily Beast

[Politics] - Bongino Rips Crenshaw Who Rips MTG Who Rips Nancy Mace in Trumpโ€™s Craziest โ€˜Apprenticeโ€™ Yet | The Daily Beast submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]


2021.12.09 07:25 ForkastNewsBot Chinaโ€™s PBOC wants to link e-CNY with Hong Kongโ€™s Faster Payment System

Chinaโ€™s PBOC wants to link e-CNY with Hong Kongโ€™s Faster Payment System submitted by ForkastNewsBot to ForkastNews [link] [comments]


2021.12.09 07:25 Sparshgoyal_investor Why Brightcom Stock Rising? Can we But it Now?๐Ÿค”๐Ÿ‘‡

Brightcom Group offers Digital Advertising solutions to Big Companies like Airtel, Coca-Cola, Hyundai Motors, ICICI Bank, LIC, Maruti etc, and online publishers like facebook, LinkedIn, MSN, Twitter and Yahoo!. Company also provides solutions related to IoT based businesses across the Globe.
Since many years, company has been reporting strong growth in revenues and net profits. Earnings have grew by nearly 25% CAGR in last 10 years. ROE and ROCE ratios stood at double digit.
Debt was also declining of the company. And as of now, Brightcom is a zero debt company! However, share price never reacted on the growing size of the company before 2021.
Now, Brightcom stock has fulfilled what was missing in the company i.e outperformance and Rising share price. And this has happened in just few months!
Share was trading around Rs 6.70 per share on 31st May 2021. Since then, stock has seen Marvelous rally. Shareholders might havenโ€™t expected to see this rally all together!
Today, Brightcom is trading around โ‚น153 (as on 9th December). From 2021 beginning, stock has given almost 2,098% returns to its shareholders. 1 lakh invested in the share on 1st January or 31st May (share price was same on both dates i.e โ‚น6.7) would have turned almost 20 lakh today.
So, what has happened to Brightcom Group suddenly?
During mid 2021, company had issued bonus shares to its shareholders. Over split, bonus is a more beneficial thing for the shareholders. They had issued 1 bonus share for every 4 shares held by the shareholders. That is a first thing company did in 2021.
Brightcom Group has issued significant amount of shares to Foreign and other investors. Around 14 crore shares were issued to them at โ‚น37.7 for total consideration of Rs 530 crore. That is a big amount company recieved as if we see in 2020 end, Market Capital of Brightcom was just Rs 360 crore! So, it is also boosting share price.
Beside of fresh offering of equity shares, company also issued warrents totalling 1.5 crore to shankar sharma (vice chairman of First Global) at 37.7 rupees. These warrents can be converted into same quantity of Equity shares.
Overall, Brightcom has raised a lot of money which is going to be used in funding expansion plans (through both Organic and Inorganic routes).
Brightcom was a good growing company earlier and now, many new Big investors have also joined the list of companyโ€™s shareholders. That is a good thing and going to be beneficial in long term.
Can Brightcom Stock continue to climb??๐Ÿค”
No doubt, valuations were attractive when it was below โ‚น10 per share 1 year ago. However at that time, there were two concerns in the company.
1) Low Promoter Holding!
Promoters were not holding even 40% shares in their company when the Market Capital was too small.
2) No Reward to Shareholders!
Company was earning great profits and cash flows were also good. Reserves of company had also swelled too much. But management did nothing to nicely reward shareholders.
Since well known investors have entered now in Brightcom stock, market participants might be overlooking low promoter holding concern. Brightcom has also issued bonus shares recently which is a good step towards rewarding shareholders.
Before recent rally, company was hugely undervalued in the stock market. Therefore at current levels, company still doesnโ€™t looks overvalued or expensive after a tall buying.
But since stock has seen a big run up, chances of any Big correction will always be there in the share price.
Growwithmoney Investment Blog
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