Share Name Share Symbol Market Type Share ISIN Share Description
Blue Star Capital LSE:BLU London Ordinary Share GB00B02SSZ25 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.335p 0.32p 0.35p 0.34p 0.325p 0.335p 8,907,706 11:36:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.2 -0.0 - 5.70

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Date Time Title Posts
23/9/201712:37Blue Star Capital (BLU) - investing in new technology1,344
22/9/201716:33A new technology play3,369
15/9/201718:13Blu to 0.1p. Over hyped pile of dung106
09/8/201720:39Blu to 0p9
20/7/201709:24Who Loves Blue Star?712

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DateSubject
23/9/2017
09:20
Blue Star Capital Daily Update: Blue Star Capital is listed in the General Financial sector of the London Stock Exchange with ticker BLU. The last closing price for Blue Star Capital was 0.34p.
Blue Star Capital has a 4 week average price of 0.31p and a 12 week average price of 0.22p.
The 1 year high share price is 0.52p while the 1 year low share price is currently 0.13p.
There are currently 1,702,900,313 shares in issue and the average daily traded volume is 19,493,221 shares. The market capitalisation of Blue Star Capital is £5,704,716.05.
22/9/2017
08:50
3rd eye: Blue Star Capital plc (LON:BLU), the investing company with a focus on technology and its applications within media and gaming, announces an update following its announcement on 2 March 2017 regarding its further investment in SatoshiPay (“Investment”) and issue of 268,213,880 new ordinary shares of Blue Star to FastFoward as consideration for the Investment (the “Announcement”). At the time of entering into the SPA regarding the Investment, as a result of the Consideration Shares to be issued to FastForward comprising approximately 21.7 percent. of the issued share capital of the Company, the Directors of Blue Star Capital Plc considered that it was in the best interests of shareholders for the Consideration Shares to be subject to a staged lock-in agreement over a period of 9 months (“lock-in arrangements”). Following the Announcement and completion of the Investment, the Directors believe that the lock-in arrangements may have led to the share price of Blue Star under-performing compared to the Director’s expectations whilst shareholders and potential new investors wait for each lock-in period to end. Taking this into account and the strong interest in the Company’s placing of new ordinary shares in January 2017, the Directors have agreed that, subject to the broker finalising arrangements to place out the existing Consideration Shares to a variety of investors on terms that the Directors consider are acceptable, the lock-in arrangements may be terminated. The Directors believe that this will be in the best interests of shareholders.
14/9/2017
22:12
puzzler2: A sliding share price always makes one feel uneasy and question "why did I invest in this?" - when the share price action changes though, that fear turns to euphoria. This the trick must be to ignore the short-term movements and look at the big picture - and the big picture here is that there is a huge new business model about to evolve - nanopayments for web content - of that, I am sure. The question though is whether Satoshipay is the horse to back. Tony Fabrizi must believe that it is - and have a plan - or he wouldn't have steered BLU to buying such a large stake.
23/7/2017
18:32
cybernest53: comedy.... Quite obvious really... SatoshiPay has given IOTA Foundation the ability to test their work or as they term it, proof-of-concept, on a good web-based application. The big question is... has it been successful??! I have a question for you... while I am sold on the value of SatoshiPay (and probably IOTA too)... I'm still not sure what BLU is up to... and I have to say, for a company "with a focus on new technologies" their own company website, that appears not to be capable of quoting their own share price, looks a bit 'mickey mouse' and really does not fill one with any confidence! But... having said that, there is clearly a trade opportunity here (buyer on dips), even if one is not entirely convinced about BLU itself! hxxp://www.bluestarcapital.co.uk/
22/7/2017
14:22
john2017: TillyWe all know it suits you for the share price to go lower and you have stated that! It suits me for the share price to go much lower as I would love to purchase millions at sub 0.3p but for you to give extreme projections to suit your own buy in target could unduly influence gullible posters to sell and lose potential profit.I will state my opinion as you have stated yours.we will soon see how this progresses next week.Good luck all on here
21/7/2017
13:44
edpick: Comedy, why are you making a big deal out of these warrants? The share price has got to hit those levels and then Coinsilium can choose to exercise or not? They're irrelevant at the moment? Was just thinking about the future value of Satoshipay. Let's say an average transaction they undertake is 20p, with Satoshipay taking 2p of that. Let's also say (generously) that they operate on a net profit margin of 50%, so 1p profit on average for every transaction. Based on the current share price of BLU, gives Satoshipay a market cap of roughly £30m. Let's say (generously) that the market values Satoshipay in the future on a PE of 15. So to justify the market cap of £30m, Satoshipay would need to make £1.5m profit. So achieve this, they would need to process 150m transactions. Of course all of this is total pie in the sky at present. Just making the point that, in my eyes, to justify the current BLU share price, Satoshipay should be processing 150m transactions per year. Can someone tell me how many they are processing please? Or what they are projecting going forward? Or is it just a "concept" at the moment?
19/7/2017
14:02
edpick: Net assets of Blue Star as at 09/2016 were stated at £1,757,165. Of which around £150,000 was in investments other than Satoshipay. Blue Star have agreed to buy 12% of Satoshipay off Coinsilium for 725k euros. This values the whole of Satoshipay at 6m euros. Blue Star will own 31% of Satoshipay following the 0.2p placing, so their investment in Satoshipay after this will be worth 1.86m euros. Plus the £150k I'm Blue Star's other investments gives net assets of no more than £2m. At a share price of 0.43p this gives Blue Star a market cap of £7.2m following the placing. So we can see this investors are paying a huge premium at current prices. The share price should find its level somewhere around 0.12p, which would reflect the recent valuation of Satoshipay. Something very amiss for the share price to reach such high levels at the moment. Those in the placing are more than doubling their money at present. Who are they profiting from?
18/7/2017
21:08
edpick: I've been watching this for the last couple of weeks and am obviously a bit disappointed I didn't buy (although if I buy it's for a long term hold). It's possible that nanopayments could be the future in a big way, and if the big hitters decide that is the way the internet is going then it's possible that Satoshipay could be bought for a big sum in the near future. However, I didn't buy for the following reasons: 1. I don't like listed investment companies. They are often just lifestyle businesses for the Directors, get constantly diluted and often provide insufficient disclosure on the companies they are invested in so that investors can make informed decisions. Better to invest in companies directly. However, in this instance, it seems like the only way to invest in Satoshipay is through Blue Star? 2. The placing at 0.20p scheduled for next week. It's possible that the rise in share price seen in recent days could just be a pump and dump for those in the placing to get quick profits. Seems to be a lot of hype on Twitter, blogs, and Tony Fabrizi hinting at an RTO in Director's Talk. All looking to ramp the stock? 3. It's not clear to me why COIN have exited Satoshipay? 4. Looks like Blue Star are buying just over 12% stake in Satoshipay off COIN for 0.64m euros. That would value the whole of SatoshiPay £5.3m euros. The market cap of Blue Star, which currently owns 19% of Satoshipay is £6.48m. Crazy? 5. The switch to IOTA, which makes sense given doubts about Bitcoin's scalability seems like a good move. However, won't this put Satoshipay back to square one? They are now working on a "proof of concept project". I.e. This is back to pilot stage and they don't have any product at all. Are there any patents of any value in Satoshipay? 6. As Killer Bee states, where are the barriers to entry? We heard in the RNS that "corporate entities such as Innogy, Canonical, Bosch, Cisco and Microsoft are building IOTA prototypes focussed on the Internet of things". Seems like this is a punt on Meinhard Benn being better than anyone else out there at this stuff? Please correct me if I'm wrong about any of the above. Would be interested in investing for a long term hold but too many questions at the moment.
18/7/2017
13:35
mr roper: http://shares.telegraph.co.uk/news/article.php?id=5586622&epic=BLU Blue Star excited by SatoshiPay project with IOTA Source: SMW Blue Star Capital said its investee company, SatoshiPay Ltd had agreed a proof of concept project with the IOTA Foundation to explore replacing Bitcoin with an alternative cryptocurrency, IOTA, as SatoshiPay's settlement network. Blue Star said it currently approximately 19% of SatoshiPay which was expected to increase to 31% subject to completion of the further investment in SatoshiPay announced on 4 July. Blue Star chief executive Tony Fabrizi said: "Working with the IOTA Foundation allows SatoshiPay to explore new technology with a clear focus on scalability of its business. "We are excited about the potential new opportunities that could open up from this initiative and that SatoshiPay is taking steps to optimise its business model." At 8:19am: (LON:BLU) Blue Star Capital PLC share price was +0.04p at 0.36p Story provided by StockMarketWire.com
15/7/2017
19:03
comedy: Q&A with Anthony Fabrizi Chief Executive Officer at Blue Star Capital PLC (LON:BLU) Blue Star Capital PLC (LON:BLU) Chief Executive Officer Anthony Fabrizi caught up with DirectorsTalk for an exclusive interview to discuss their re-investment in SatoshiPay Q1: Now Tony, you’ve announced this morning that FastForward no longer have an interest in the ordinary shares of the company, can you share your thoughts with us regarding the reason for the FastForward stake change? A1: Yes, as you will be aware, some weeks ago Blue Star issued shares in its self to acquire another 10% of SatoshiPay and FastForward bought those shares, or took those shares for their stake and we arranged at that time a lock-in period of 9 months and an orderly dispose of those shares every quarter. Our view, as a Board, was that the arrangement in place while we felt they were in the best interest at the time actually led to a slightly depressed share price and from the levels we expected, post the SatoshiPay announcement. So, I think it was in our interest and our shareholders interest to try and place that stock out earlier rather than leave that 9-month period of overhang and I’m delighted to say that was all completed yesterday and we now have a number of new shareholders and FastForward no longer had a shareholding in Blue Star Capital. Q2: Are there any plans for Blue Star capital to buy more shares in SatoshiPay? A2: Well, we have 3 investments and SatoshiPay, now in terms of value, is nearly our largest so our shareholding in DTL is still larger in value. We’ve bought into SatoshiPay over the last 3 months so obviously, you can gather from that that we like the stock and we like the story. We’re a small company, as you know, so there is a limit on how much we can buy and I think having bought 20% in a relatively short period of time we’d like now to see some progress in the company before we increase our stake further, that’d be wise. Longer term, we believe that SatoshiPay has extremely good potential and certainly, at a later date, we certainly might be interested in buying more. Q3: Talking of progress, how are SatoshiPay doing? Can you update us there? A3: Yes, I speak to the management on a very regular basis. They are making good progress, the key development that we’re waiting for is for an ability to take credit cards and PayPal onto clients of SatoshiPay so they can actually use those payment methods rather than having to use bitcoins. Obviously, bitcoins are still not widely used, a lot of people obviously are concerned about using such instruments and also their value’s very high so it does limit the market. Once you get down to being able to deposit £10 through your credit card or your PayPal account, the market is completely different and I think that’s a major development for the company. So, we’re waiting for that, that’s been progressing very well over the last 6 months, they did a trial with Visa Collab which went very well so we’re very hopeful we’re have some news on that and I think that will be a game-changer for the company
03/6/2017
15:32
doodlebug4: I've just been looking at the long term chart for BLU, the company listed at 10p in 2004 and the share price actually reached 19p in 2005. Without looking through all the old news I guess there must have been some really bad investments made over the years to get the share price down to this level. Surely the recent investment in SatoshiPay will prove to be a turnaround point for Blue Star.
Blue Star Capital share price data is direct from the London Stock Exchange
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