Blue Star Capital Share Discussion Threads

[moreforus] 01/12/2014 08:51

0.47s are buys

[qs99] 01/12/2014 08:12

errollc, that is really helpful mate, many thanks. Nice RNS this am and at this value looks interesting play on some of its investments, albeit high risk!

cheers

[errollc] 01/12/2014 07:36

QS99, from memory the NAV is about 0.45p. Nektan should equate to c.£250k (0.06p), then you have the rest of the dTL shareholding (0.3p...within which there are 2/3 businesses looking to float in the next 12 months and more that will remain unlisted), then there is Vigillant apps and Oak.
However as can be seen from today's announcement the holding in VA is going well and I understand Oak is looking positive...so the historic NAV might be closer to 0.6p.
Looking further ahead, Oak, VA, Nektan and the rest of the DTL portfolio are very exciting companies in their own right and could be substantially higher....keep watching Nektan, this will clearly show its potential in the coming months. It may be 10x higher in the next 12-18 months...
A bit broad brush but hope this helps.

[moreforus] 25/11/2014 14:35

back to life...

what a silly sell off that was

[qs99] 23/11/2014 10:41

Morning all

can someone summarise for me what they believe the NAV for BLU is at the moment? I can see Netkan market cap is c.£40m, but what % fully diluted would BLU own if all warrants were realised etc please?

Accidentally happened upon this share and thought it interesting compared to potential NAV

thanks

[moreforus] 17/11/2014 07:32

strong KNTON update



17 November 2014

Nektan plc

('Nektan', 'the Company' or 'the Group')

Nektan and Spin Games LLC announce US Joint Venture Agreement

JV entity announces signing of three contracts with commercial and tribal enterprises across California and Nevada to launch 'in-venue' mobile gaming


Following its admission to AIM on 3 November 2014, Nektan, an international B2B mobile gaming platform provider, is pleased to announce the signing of a joint venture agreement with Spin Games LLC ('Spin Games'), a leading US licensed gaming content supplier.

The 50/50 joint venture will target the significant opportunity to introduce mobile gaming technology to the land based US casino market across the 32 states where forms of gaming are legal. In 2013, commercial and tribal casino revenues in the US totalled more than $65 billion dollars. Through its JV with Spin Games, Nektan will facilitate existing operators' entry into in-venue mobile gaming for a daily fee per gaming cabinet (slot machine).

The Nektan and Spin Games JV's solution allows casino operators to quickly offer specialised in-venue mobile technology and content on a significant portion of the 651,000 gaming cabinets on casino floors. The service offered provides land based operators the opportunity to introduce new gaming content that can be accessed by customers across both cabinets and mobile devices in-venue.

The JV's first contracts are in California and Nevada with both tribal and commercial operators and it is expected that these initial contracts will generate material revenue for the JV from the outset. This new revenue stream underpins the Nektan Board's confidence in their forecasts.

Gary Shaw, Executive Chairman of Nektan, commented:
''This joint venture and the announcement of our first contracts with US land-based operators is a significant step in the execution of our US growth strategy. With our joint mobile technology solution including the Evolve platform and Spin Games's gaming machine expertise we are offering a solution to introduce mobile gaming to land based casino operators across up to 32 states.

The JV's pipeline of contracts continues to develop and we will update the market as appropriate. The JV also provides Nektan an entry into the key US market without reliance on state-by-state interactive gaming regulation, which remains a longer term opportunity for the Group. ''

Kent Young, President/CEO of Spin Games, commented:
"We are delighted to be forming a joint venture with Netkan and feel our combined technology and expertise will allow us to exploit the opportunities in the North American gaming market."

[andrbea] 10/11/2014 09:37

mobile gaming/gambling article


Mobile gaming on smart phones and tablets is projected to be a $100 billion industry by 2017


hxxp://www.nevadabusiness.com/2014/11/mobile-gambling-implications-american-broadcasting-company-inc-v-aereo-inc/

[moreforus] 07/11/2014 11:46

2.5 mill buy at 0.40

directors?

[andrbea] 06/11/2014 12:43

I see nktn have a stake in a joint venture 'Broadcast Gaming' in the US.

that market seems to be growing

some figures (another player, same sector)

Shou.TV developers understand that the future of mobile game broadcasting will be accompanied by an increase in the worldwide mobile gaming revenue. Forecasted to generate $21 billion in worldwide revenues this year, mobile games have become one of the most important digital platforms for gamers and publishers alike. Today, mobile games account for over one third of monthly spending among digital gamers in the United States alone, reports SuperData Research. In addition they predict by 2016 mobile gaming revenue will top $28.2 billion.

hxxp://www.wset.com/story/27160925/shoutv-launches-beta-of-first-live-streaming-mobile-game-broadcast-service-for-android-and-ios

[moreforus] 06/11/2014 11:23

why would Darwin be dumping here? There is no Darwin ... there is no YAGM... there is no equity facility - its an investment company and not a miner or oiler in need of short term cash....there is no debt

the price is down due to a large seller who has yet to pop up..probably a 5-7 mill dump at 0.35

given there was a placing 2 weeks ago at 0.55p it seems a little over done...

[brx7] 06/11/2014 11:21

Someone dumping huge in the background , darwin?

[moreforus] 06/11/2014 10:46

max buy down from 2.5 mill to 1 mill

clearing....

[moreforus] 06/11/2014 10:43

recent placing at 0.55

0.40p is a gift

22 October 2014

Blue Star Capital plc

("Blue Star Capital" or the "Company")

Further Subscription

Blue Star Capital plc, an investing company in technology and gaming delivered principally through social media and broadcast platforms, is pleased to announce that due to additional demand from investors, it has conditionally raised a further GBP50,000 before expenses by way of a direct subscription with the Company of 9,090,909 new ordinary shares of 0.1p each ("Ordinary Shares") at an issue price of 0.55p per share (the "Further Subscription Shares") (the "Further Subscription").

It is intended that the proceeds of the Further Subscription will be used to provide working capital for the Company and to support the current portfolio of investments.

[errollc] 06/11/2014 10:40

Historic NAV in excess of .45p...doesn't include revaluation of Oak (worth another 0.25p...lots more happening (DTL,Vigilant Apps)...cheap as chips.

[topinfo] 06/11/2014 10:07

Just bought in under 0.4p

Cheap eh

[moreforus] 06/11/2014 10:07

looks like a sell order to be reported...dropped on nothing really

almost 3 mill buys so far

[the stigologist] 06/11/2014 10:04

headed to zero by looks of things

[moreforus] 06/11/2014 10:04

dip being bought in size

[ryan83] 06/11/2014 10:03

lol Mr Multibag, posted that on several bb's now. Fool

[errollc] 06/11/2014 10:02

No-one knows how to value Nektan etc...but Nektan isn't the story. The investment in Oak Media is the story here, it could be valued at the same market cap of the whole of BLU.Am buying again.

[jane downs] 04/11/2014 16:14

Tough start for Nektan as shares drop on London debut
- Today, 4:13 PM

Tough start for Nektan as shares drop on London debut

[mr multi bag] 04/11/2014 08:59

I'm out. Putting some cash into sav. Multi bagged over the next 3-6 weeks

[moreforus] 03/11/2014 10:13

lol although dropping -21.7% not really reflecting their value!