Blue Star Capital Share Discussion Threads

[jane downs] 07/10/2014 09:40

Interview Blue Star Capital (LON: BLU) Chairman Graham Parr, the Nektan IPO and more - BLU News
- Today, 9:39 AM

[market master] 07/10/2014 09:01

OAK Media Limited ('OAK')

Company description

OAK was formed in order to take advantage of the global growth in the gaming for entertainment industry amid a rapidly-evolving regulatory environment.

OAK intends to become an aggregator of the best gaming technologies and provider of the best available gaming solutions. The gaming market is a lucrative and fast-moving one where we believe rapid returns can be achieved through modest investment.

Blue Star's holding in OAK

The Company initially agreed to invest GBP100,000 in OAK in return for 90 per cent. of the issued share capital. At the point of the initial investment, the Company invested GBP50,000. In addition, under the terms of the Company's investment, in order to incentivise OAK's management team, upon OAK achieving various milestones in the development of the business, the Company's shareholding in OAK would reduce to a minimum of 50 per cent. of OAK's issued share capital.

On 31 March 2014, the Company's share in OAK reduced to 75% following the signing of an agreement with Nektan (Gibraltor) Limited to supply OAK with white label real money gaming services for the UK Market.

Since 31 March 2014, the Company has invested a further GBP25,000 in OAK and OAK has signed agreements with RHF Productions Ltd, Playboy TV Europe and The Anfield Wrap. The Company's shareholding in OAK has now reduced to 65%.

The Board believes there is a significant near term opportunity to increase the carrying value of this investment.

Disruptive Tech Limited ('DTL')

Company description

DTL is a Gibraltar based investing company that has recently completed an investment round that allowed it to add holdings in Freeformers, a digital training business, and Deep Ventures, an accelerator of early stage tech businesses, to sit in DTL's portfolio alongside the holdings previously owned by eSeekers. Both Freeformers and Deep Ventures are registered in England and Wales and are co-located in London.

Blue Star's holding in DTL

Blue Star's GBP300,000 investment in DTL was made in 2007. During the period, DTL completed a round of external investment funding at a pre-money valuation of GBP75.0m. On the basis of this valuation, Blue Star's holding in DTL is valued at GBP1.6m.

Vigilant Applications Limited ('VAL')

Company description

VAL is a software development company specialising in security solutions for monitoring and shaping user behaviour at a PC or 'end point'. Its VigilancePro agent software is deployed in the enterprise space in both the public and private sector for monitoring professional standards, securing data and compliance. VigilancePro Retail applies the products unique capabilities to the monitoring of all activity at an Electronic Point of Sale - EPOS. Through its patented technology it is able to integrate with existing security infrastructure (CCTV) to provide irrefutable real-time remote reporting of all transaction activity within a retail environment.

Blue Star's holding in VAL

The Company's investment in VAL has remained unchanged at GBP88,000.

[errollc] 07/10/2014 08:42

Blu will get some liquidity for its investment in DTL which is good news. Don't think there will be an uptick in NAV but liquidity is a bonus. DTL is floating off other assets too in the coming year so expect more good news on that front. Then there's Oak Media which I gather is doing well....

[swizz] 06/10/2014 21:20

M4 - they are aiming for the 17th....GL S

[moreforus] 06/10/2014 15:38

BLU

Nektan

EXPECTED ADMISSION DATE:
Mid-October 2014

next week

[sparty1] 06/10/2014 15:29

morefor
buys dying down now..they will be back for this before the 17th..

[sparty1] 06/10/2014 15:13

more..yes 0.73 paid..when you say others..I`m having a punt in alba as well...serious investment in CYAN and looks like Cicc are coming back to market soon.. Various other bits and pieces ..This looks good for the subs listing though. some good gains to be made here..

[moreforus] 06/10/2014 14:56

not on my screen

500k sell at 0.65 and 276k buy at 0.73p

our other ones looking better too

[sparty1] 06/10/2014 14:54

Ticked up...bid up to 0.65..

[sparty1] 06/10/2014 14:34

mmm playboy.. lol..one definite listing that will be valuable to us and another possible one .we have very big stake in Nektan.. Looking strong at last.been a long wait!Feel asorry for those in since the 5p days but those are the breaks...

[moreforus] 06/10/2014 14:25

why as they had a good rns on Friday... ipo of their main asset then they are also via Oak Media in bed with Playboy

[moreforus] 06/10/2014 14:22

250k max at 0.75p

almost 4 mill traded too....

back on radar and rising!

[sparty1] 06/10/2014 14:21

now 0.70p paid...on the rise still.About brudy time!

[sparty1] 06/10/2014 14:04

0.68 paid..i hope lse boards are being kept up to date..!

[moreforus] 06/10/2014 14:01

yep nice succession of buying!

[sparty1] 06/10/2014 14:00

moreforus..fancy seeing you here!..looking much stronger..about time someone read the rns and realised the potential,should be way above this already!

[moreforus] 06/10/2014 13:54

+13%

cracking off!

[moreforus] 06/10/2014 13:39

max buy is 150k at 0.65p now

sparty....who cares as long as you make money.....

[moreforus] 06/10/2014 13:16

seeing interest build again...

tdw want 0.64p after 2.5 mill buys thus far today

[sparty1] 06/10/2014 13:15

Good post ta..

[jane downs] 06/10/2014 11:03

Interview: Graham Parr, Blue Star Capital - YouTube
Oct 6, 2014
Giles Arbor chats with Graham Parr Non Exec Chairman at Blue Star Capital about Nektan IPO and other interests.

[moreforus] 06/10/2014 09:43

you would have thought although need to see the price to determine asset value - it would be also good to see some value for Oak Media - if they ipo too then BLU is looking pretty especially after the swing to profit AND the conversion of all debt to equity

[moreforus] 06/10/2014 09:43

you would have thought although need to see the price to determine asset value - it would be also good to see some value for Oak Media - if they ipo too then BLU is looking pretty especially after the swing to profit AND the conversion of all debt to equity