Blue Star Capital Share Discussion Threads

[stoxx67] 12/2/2023 15:07

10076968

incorrect, sadly the failed RTO cost BLU £900k

to your question of revenue, they must be generating reasonable revenue as they are profitable.. and have been for last 2 years...a quick clue, check companies house.

Satoshipay hopefully will go down IPO route on a market other than London, will get much better valuation that way, as i have already alluded to in previous post, you understand this point 10076968 ?

to whomever the peasant is that is marking down my insightful posts ; ) , please mark this one down too... many thanks : )

[cjpaul] 12/2/2023 14:46

Thanks very much Steve. Really appreciate your response. Stoxx sorry if I gave the impression that you had stated there will be an IPO. It's on BB and when you look back at the discussions on this forum there is a mention. GLA

[10076968] 12/2/2023 14:17

It would be great for Blu Investors if they did finally get round to an RTO. with Satishipay, as we came close to it in the past. Ultimately we failed resulting in Nav to crash of which it has never fully recovered.Satoshipay was always the golden goose for Blu but it seemed that Meinhard was always flitting around the world, showing off his hat collection and jumping from projects doing micro payments, then b2b then b2c, then dtransfer then amplitude, then pendulum (I am sure I've missed some in between). My point was he never fully concentrated on one thing. Do we actually know how much revenue any of these entities have generated ? All a bit too cloak and daggers for my liking. They must be generating income because they always seem to be hiring!! An IPO has been postulated and it may occur but for me personally, an IPO is far more expensive to undertake when there is a cheaper and better alternative in undertaking a RTO. If Blu and Satoshipay could pull this off, we would be directly linked to all these other offshoots that could quite easily within themselves generate healthy income.There is a lot to play for here. Interesting times ahead. GLA

[stoxx67] 12/2/2023 13:49

in other words

there is no need for marketing, advertising spend , or indeed finding a market... the market is there and its massive , namely the FX market, i've been banging the drum for many a moon now about the rewards of Satoshipay disrupting the FX market

next week provides focus on just what can happen, how quickly and AT LAST will begin the roadmap to valuation.

[tradeforce] 12/2/2023 13:42

I have looked at, and invested in, many companies over the years that had disruptive blue sky expectations, VRS, CWR, ITX to name just a couple that spring to mind, however the main issue with all of these type of companies is they are usually trying to disrupt a industry with new stuff that needs to be developed and adopted by the existing old school behemoths. These established companies hate change and are always slow to adopt, VRS in particular stands out in this regard, it should be a new revolution in materials, but just take a look at the share price. This I feel is where Pendulum and DTransfer are different, they are entering an existing market where the only adaptation that is needed is a switch of methodology of how the transactions are made, just like the big bang in the 80's revolutionised the stock market.

From what I can understand, if the system works then it would be a no brainer for tech savvy FX dealers to switch to this method, for the obvious reasons of cost(cheaper), speed(faster), security(better). IMO this could happen very quickly if word spreads..

I am very excited for the next few weeks and months ahead, I hold allot of these and I do not plan on selling any at anywhere near the current price

[stoxx67] 12/2/2023 13:34

cjpaul

i did not state that there WILL be or IS a Satoshipay IPO, i stated that i would like to see a Satoshipay IPO.

trust this clarifies

[steveberyl] 12/2/2023 12:25

IPO is as yet not confirmed, the excitement surrounds purely the launch of Pendulum and Satoshipay Concept. Various ideas of what may, may not occur.
Even Takeover`s which are not altogether Fantasy land, PEN/SAT will be operating in a Quadrillion dollar a year market, where if PEN/SAT can gain even a small percentage they will be worth a Fortune.
The PEN/SAT concept is totally different from the usual Forex trader, normally, Banks, Brokers or Institutions who have vast experience and Dedicated Forex divisions. PEN/SAT will operate a complex system(For them, not the trader)that will involve, Blockchain dealing. FASTER and a more accurate system of PRICING A PAIRING.
Tokens ? thats a HUGE part of the deal. Look for ragnarr posts in relation to that explanation.

BLU currently operates well under the radar of the Market, launch is in 2 weeks, by which time PEN/SAT will be in all the financial press. imho. GLA

[ccr1958] 12/2/2023 12:04

Me too cjp, I been delving and coming up with same results.

[cjpaul] 12/2/2023 11:49

Hi Steve and others - thanks for your comments. Please pardon my ignorance but when is the Satoshipay IPO? I could find information dating back to 2018 about the IPO but no updates. Am i missing something? What is the timescale if anyone knows? Thanks CJP

[steveberyl] 12/2/2023 11:30

Can you even begin to imagine the `Trades` that will occur a few days before launch ??

[steveberyl] 12/2/2023 10:40

When the summer sun sets on the east coast and the New York trading session closes at 5:00pm, there’s a one-hour window before the next trading session in Sydney opens. That’s usually when dealers analyse any trends and opportunities, past or present, which may have an impact on trading strategies. During the winter months, the major trading sessions operate on slightly different hours, so, like an animal, the dealer must seamlessly adapt to constantly changing conditions.

Satoshipay IPO @ £200M ?? Tremendous ability your experience in Financial Markets have given you, in order to evaluate a product so accurately even before launch.

I prefer to consider what a rampant, `share Market` desperate to be in early, will do to the BLU price. Pen/Sat are Twitter mad and this machine has a brain of its own and can drive a share price on `PURE SENTIMENT`. Embryonic stage growth, is filled with the unknown, guesswork at best. Those in BLU now have, In my humble opinion, made the killing of a lifetime.

Like the FOREX Market, Individual Holders will make a huge profit based on `Timing`

[stoxx67] 12/2/2023 08:35

Satoshipay IPO at £200m money = £56m to BLU or 1.1p per share
companies with a great deal less IP have floated for far greater.

Dynasty £100m = £13m for BLU = 0.3

i've always maintained over the years i would be happy with 1p, easy maths people.

prior to pinkpudycat "meowing", i am most experienced in financial markets , from both a fundamental and technical perspective, the figures will be proven correct or surpassed, however, in the short and medium term 3p - 5p or any other fantasist figure , in a rational market ;) , will not be achieved, long term IF Satoshipay remains independant who knows, but there are many unknowns on a longer term time line.

i'd like to see Satoshipay IPO soon after pendulum introduction, this would be the best way of attaining a valuation.

all the best and lets see what the week brings.

[888icb] 11/2/2023 18:53

Clearly there is great potential in Pendulum but do not overlook Dtransfer which could be the real jewel in the crown. In the RNS when Tony Fabrizi retook the reins:
“ In early 2020, SatoshiPay announced it was refocussing on B2B cross-border money transfer through blockchain with the launch of DTransfer. This was identified as a major global market opportunity which had scope for disruption through blockchain. Since switching focus, SatoshiPay has made solid progress in building DTransfer by signing up customers and building partnerships.

· While building DTransfer, it became clear that the blockchain infrastructure required to launch Dtransfer as a complete solution still needed refining. This encouraged SatoshiPay's management to seek out ways of providing and supporting this infrastructure, which led to the inception of Pendulum.”
Later in that RNS:
“ SatoshiPay owns 100 per cent of DTransfer which remains a highly attractive opportunity.”
Dtransfer is up and running and has been closely involved with Pendulum. It is perfectly placed to gain first mover advantage in the DeFi forex marketplace.
A very exciting time for BLU shareholders as Satoshipay has more than 1 string to its bow that should monetise very quickly when Pendulum launches. SatoshiPay owns 100 per cent of DTransfer which remains a highly attractive opportunity.

[ragnarr] 11/2/2023 18:24

Steve/PinkpIt is so hard to truly work out how big this could be and I do fully understand Steves enthusiasm. If (big if) the next crypto bull run exceeds the 2021 it is perfectly feasible that PEN mcap could be in the billions, add 0xamber and possibly more relevant Dtransfer because BLU basically own 26% of that.Steve - thank you for your courtious reply :-)Its All very exciting

[steveberyl] 11/2/2023 17:36

Argument? Purely a debate, I could be miles out, I know that, I am suggesting that the interest that will come from the Press will set the thing ablaze. DOT COM BOOM is a case in point. The World Knew it was not realistic, but look what happened. GLA

[pinkpudycat] 11/2/2023 17:34

Ragnarr spot on and with the current plan Blu will be selling their stake at that stage (as is the current plan) so what ever gains we make over the next 2 years is what we will have, I would like to think if Pen/Sat do well over that period we could be cashing out at 1.5p plus which would be a fabulous return for most shareholders.

Posting figures of 3p-5p is nuts!

[ragnarr] 11/2/2023 17:04

I dont want to get into an argument with you my friend but the figures you are pushing are not realistic - remember if PEN market cap was 200,000,000 USD ( which it wont be initially) BLU value increases by 10m USD.In time, and with the return of crypto bull (possibly starting) it can increase many times more, and 0xAmber, and Dtransfer but it will take time - 12/24 months is my timelineGL

[pinkpudycat] 11/2/2023 16:42

Steve, I can see us perhaps heading closer towards 1p however I do not believe we will exceed it in the near term, you are attributing a value of of over 100m for Blu based on us only achieving half of your suggested higher figure, while this increase would be life changing for many it simply isn’t realistic, either way we won’t have long to wait to find out who is correct and it is a nice conundrum to have.

[steveberyl] 11/2/2023 15:02

The most alluring aspect of my investment here in BLU ?

The way the Press and the Market in general will enhance my Investment.

First will come an explanation as to just what Pendulum Satoshipay actually are, then the considerable Hype prior to the Launch and thereafter.

Pen/sat will be flavour of the Week, then Month, then Year. This is the first Innovation in Many years for the Stock Exchange, truly breaking New Ground, a pioneer blazing a trail in a QUADRILLION Market.

This huge amount of Publicity will drive BLU Through 2p 3p even 4p through next 2 weeks upto launch. My investment is secure, as is yours. ENJOY !!

[steveberyl] 11/2/2023 11:35

A little bonus to Forex trading, No stamp duty involved. you dont own the derivative traded.


Long list of potential buyers, for BLU 27.9% include, Satoshipay. Who will obviously buy BLU shares.

When assessing such a start-up I remember Experian, now a multi billion company from very humble beginnings and merely an information gatherer and seller, not in same league as PEN/SAT.

My £1.50 shares have grown quite considerably. 10p Blu, Fanciful? I think not.

[davealders] 11/2/2023 10:52

Is it nuts PPC?
I personally think it is achievable, but it is a long way off and everything would have to fit perfect and run smooth.. big ask.
But I also see Pendulum been bought out for a lot of money if they are successful, which will reward holders here.
I have a target in mind, but don't see any point in sharing that info.
Within the next 1-3 months I think .80-1p could be reached if we have an update regarding valuations on both Dynasty and SatoshiPay.
All in all, I think there is a lot to be excited about for genuine holders within the next 6-12 months and maybe longer.
I've been invested here since 2016 and I'm certainly happy to see this through and see what becomes of the two big investments.
Have a good weekend everyone.
Thanks

[steveberyl] 11/2/2023 10:44

PPC There is always one !!!

Blu is not a bus Company with rivals charging cheaper fares. Not a haulage firm with hundreds of rivals. Not a Tesco with Dozens of rivals.

Blu has a NO RISK 27.9% of a, `NO RISK` % Business. Better than a 27.9% of Apple/MSFT/Thoma Bravo. No SALESMEN/Women, No huge numbers of Branches, No petty theft that amounts to Billions. No Security bill.


NOBODY knows what the final worth will be, I DO KNOW WHAT THE MARKET IS WORTH==$2.4 Quadrillion a year and Pen/Sat only need a tiny fraction of such a number to be worth a fortune. BLU own 27.9% of that potential.

Banks will use PEN/SAT, as will COUNTRIES Central Banks, as will Institutions that deal in multi millions, the potential is purely remarkable.

To suggest Blu might reach 10p is probably not NUTS at all. Nobody knows, The only certainty is the current size of the Market, $2.4 Quadrillion per annum.