Blue Star Capital Share Discussion Threads

[tomboyb] 09/10/2013 14:33

vela - Up today - same investment as BLU in eseekers but Blu has -4-5x the inv

Blue Star Capital's investment of £300,000 was made in 2007 and its holding is valued at £1.121m, based on a £50m pre-money valuation for eSeekers set at the time of the last external investment.

eSeekers has recently informed Blue Star that it is carrying out a new round of funding at a premium to Blue Star's carrying value. As this funding exercise is ongoing, no adjustment has been made to the carrying valu

[errollc] 07/10/2013 10:58

Cash to keep the business going, £150k out of £400k capital loan account converted into equity. Current shareholders are not being diluted out of sight, (which could have happened) so the Board is doing a good job. This is going step by step, looks like lots going to happen here. We shall see who's the gullible mug punter...

[stockologist] 07/10/2013 07:56

Is this guy for real ? Can't read ? Seriously shows the ignorance of naive and gullible mug punters


moreforus
7 Oct'13 - 07:50 - 325749 of 325749 0 0

compare with ALBA which had all its debts and liablities converted OR forgiven (to the tune of over 500k gbp....)

looks like BLU has converted only 25% of its debt??

still looks like a shell now with a new investing policy and given they are talking about the security sector which is a little more specific than the broad brush of resource sector they must have something in mind...

[errollc] 07/10/2013 07:05

tomboy, good research. Looks like the company's being cleaned up (loan conversion, small capital raise)...plus it's now allowed to invest in other sectors (aside from Homeland Security) including Gaming etc. I suspect the story is about to unfurl...

[tomboyb] 15/9/2013 10:02

3 online technologies -

1. Interest Labs - BIG DATA

hxxp://www.disruptivetechltd.com/portfolio/interest-labs/

Interest Labs Inc is a technology platform established to personalize the internet. According to Tim Berners Lee, the founder of the www, the next big step is the "Semantic Web," (a group of methods and technologies that enable machines to understand the meaning – or "semantics" of information). Interest Labs has built the world's largest semantically linked interest database. This will enable consumers to control their own digital persona and receive a highly relevant experience whilst searching, reading or shopping on any device of choice. Interest Labs intends to build a global utility. The platform is operational after 3 years of development and discussions with some of the largest Internet players is ongoing to ensure rapid deployment.

2. nektan - looking to float Q4

hxxp://www.disruptivetechltd.com/portfolio/nektan/

ENABLING THE FUTURE OF CASH GAMING

Nektan Ltd is a very profitable, global leader in cross platform gaming, based in Gibraltar, London and San Francisco. Their platform is unsurpassed in the industry, enabling their customers, which include Government run lotteries and major online gaming companies, to achieve their key strategic goal of maximizing revenues. Having never having taken a single USA wager, Nektan is white listed by the US Department of Justice and therefore well positioned to take advantage of the changes in the laws with regards to online gaming. Nektan has just completed the acquisition of a profitable mobile online gaming solution provider called Mfuse and is now seeking a listing on the London Stock Exchange in Q4 2013.

3. VNU

hxxp://www.disruptivetechltd.com/portfolio/vnu-capital-llc/

AMAZON WITH CREDIT

VNU Capital LLC, operating under the trade names Venue and Emporium, is a direct online retailer and marketer of brand name consumer products, based in Los Angeles. VNU has a unique role in an ecommerce with high yield consumer credit, business initially in the US. The company is projected to produce revenues of $240m, with over $50m of EBITDA (22% margin) by the end of 2015.

VNU targets moderate-income consumers who are underserved by the traditional lenders, representing a potential market of 100 million consumers (US). Depending on the consumers credit profile, the company targets individuals through either Venue or Emporium.

[tomboyb] 13/9/2013 16:09

ps. I only discovered disruptive today so a little surprised - gl

[tomboyb] 13/9/2013 16:04

well nigel Robertson did set up scoot.com - don't know if u remember that -

Nick obviously is ASOS founder - and we have the shellmister here - seed capital asos investor - in this tiddler -

I hold 600k

[ryan83] 13/9/2013 15:59

little bit of a wow factor eh. ASOS MK2

[tomboyb] 13/9/2013 15:46

I Think their stake was last worth £1.2mill - with a premium investment to have been added

ps. - BLU

That looks amazing if they can achieve that - i.e below

VNU Capital LLC, operating under the trade names Venue and Emporium, is a direct online retailer and marketer of brand name consumer products, based in Los Angeles. VNU has a unique role in an ecommerce with high yield consumer credit, business initially in the US. The company is projected to produce revenues of $240m, with over $50m of EBITDA (22% margin) by the end of 2015.

[ryan83] 13/9/2013 15:42

do you know what %??

[tomboyb] 13/9/2013 15:30

Nigel Robertson -

hxxp://www.disruptivetechltd.com/

There could be a few floats coming and BLU has a stake

[mistermagoo3] 17/8/2013 08:36

Intresting next week in think buys have started to rise slowly

[tomboyb] 02/5/2013 22:54

Yes - indeed. I did have a detailed and that looks like they backed the wrong horse. A poor transaction and net end result.

The last transaction was fastnet which Edelson managed to get ex-cove dirs to reverse transact which was a fair success -

You have a few interesting names here and will it only be about edelson? That i don't know but have a small investment here - Can they deliver? judging by the sp, certainly not at this stage - Will the deliver? I'm afraid thats the risk one has to take -

[tiredoldbroker] 02/5/2013 21:53

You are aware that Paycorp was a complete and rapid catastrophe, aren't you ?

[tomboyb] 02/5/2013 11:52

Interesting here - which leads me to believe a tech RTO possibility -



Edelson's £9m swoop
18 Apr 2010 07:31

PROLIFIC Manchester businessman Michael Edelson is ploughing a new furrow Down Under in a £9m swoop for one of Australia's fastest growing companies.

The veteran entrepreneur is reversing Australian electronic payments company Paycorp Group into one of his listed shell businesses, Birch Partners , registered in Heaton

[tomboyb] 02/5/2013 08:32

Thats correct - it looks like both were early investors in ASOS. Did some research last night - and i think its the second time they are involved together as it seems Robertson wants to retain his stake - The first being ASOS.

[errollc] 02/5/2013 08:07

Tomboy, I think you're right. The last time Edelson and Robertson did something together it was ASOS...

[jon389] 01/5/2013 20:50

Something must be afoot.Dont think Mike Edelson would subscribe for 6 million shares unless prospects are likely to look good and with such a low market cap and a small free float these could easily reach a penny in my opinion if they announce their plans

[pugugly] 01/5/2013 15:27

fyi re ME.

[tomboyb] 01/5/2013 13:17

Well there is Nigel Robertson + now Mike Edelson. Ex ASOS both of them - perhaps technology RTO here -

[errollc] 01/5/2013 12:53

still trading at a discount to NAV..

[moneymachine2] 01/5/2013 10:56

no, he's been locked up for being a nuisance on all threads.

[linslader] 01/5/2013 09:12

Can we expect 34simons hero here anytime soon I wonder.

[errollc] 01/5/2013 07:19

Interesting development with today's announcement.....maybe Mike Edelson's got plans for the company? Another Fastnet perhaps??

[charmer1_23] 01/3/2013 11:24

Too right 34Simon, these were "pumped" not too long ago.....