Blue Star Capital Share Discussion Threads

[doodlebug4] 07/2/2020 14:05

Well I'm feeling more positive about BLU right now than for quite some time. The eSports investments, together with the appointment of Derek Lew, have been very positive additions which are reflected in the recent chart movements.

[kernel_pult1] 07/2/2020 12:58

Satoshipays twitter feed suggests they are more focused using micropayments for candy dispensers than publishing or cross border transactions. I wonder how much revenue those candy dispensers are generating for them......

[888icb] 07/2/2020 12:55

Very much reacts to news and we saw volumes of 50 million + on Monday and the previous week. Dropped right off in the last few days with just 3 trades so far today for a volume of 3 million.

[hootza616] 07/2/2020 12:30

Recent positive vibes seem to have vanished here.

[888icb] 05/2/2020 16:48

A very quiet day just 3 trades shown as sells but the share price remains unchanged and the volume was 1.8 million.

[888icb] 04/2/2020 18:33

A very quiet afternoon with no trades after the 2pm uncrossing trade but at least we went in the right direction and ended 1.79% UP

[smithie6] 04/2/2020 17:52

advfn says the official 'quoted' price to buy is 0.16p

& buy trades happening at 0.155p

definitely strong/solid price movement these days

[doodlebug4] 04/2/2020 16:29

Blue Star Capital
@BlueStarCap
·
2h
more excting news in the world of #esports
Quote Tweet

The Lords Esports
@thelordsesports
· 18h
Real Madrid and Wales star Gareth Bale announced on Twitter he is venturing into #esports with his new organization: Ellevens Esports ⚽️918;

➡️
Via @DailyEsportsGG

[smithie6] 04/2/2020 14:51

good point

[888icb] 04/2/2020 14:49

We haven’t seen anything yet that allows us to put a value on our stake in the merged entity. They also say they will raise funds in Q1 to aggressively target Asia. Will BLU invest further funds to maintain or increase its share of the business? The fund raising will require a value to be put on the business so we should have an answer before too long.

[smithie6] 04/2/2020 14:42

...the planned expansion to incl. Asia (happening now) sounds positive

the Asians are even more into esports than the Aussies I think

& Asian population base is of course many multiples of that of Auz, which is only 20-30M ppl.

[doodlebug4] 04/2/2020 14:34

Smithie6 - here's the info:

Cubs Esports announces proposed merger with Australian esports leader Critical Hit Entertainment (CHE) the creators of the Australian Esports League (AEL)


Sydney Australia. February 3rd​, 2020 – ​Leading esports companies Cubs Esports (Cubs) and Critical Hit Entertainment (CHE) officially announce their intention to merge. The new group will continue to trade under the CHE banner. ​The merged Company will focus on scaling its unique esports infrastructure product offering at the High School, University, Corporate and Club level and intends to raise funds in Q1 with the ambition to aggressively scale its proven esports strategy in developing countries in Asia.

Deal Highlights:

This merger will create one of the largest esports service infrastructure providers in Australia with over 20% of the domestic esports market touched by the merged Companies activities.
The merged Company will own the largest esports gaming network of high school and University students in Australia (​
The merged Company will own the largest network of organized club level esports in Australia (​
The merged Company will immediately focus on scaling to the wider Asian market in Q1 2020.
Combined Revenue of over $600,000 in 2019.
Darren Kwan will continue as Chief Executive Officer, with Mike Edwards joining the board of directors as Chairman. “We are absolutely thrilled to be merging with Cubs. Their global reputation, capabilities and ambitions combined with our unique product offerings and talented team will provide the esports market both in Australia and in Asia an exceptional product offering”, Darren Kwan, CHE.

“We are delighted to be joining forces with the CHE team, whose talent and technology innovation to date will represent the next generation of outstanding service to the esports industry. We look forward to aggressively pursuing our Asian expansion strategy”, Mike Edwards, Chair.

[888icb] 04/2/2020 14:33

It’s in Australia but wants as part of the merger to aggressively target Developing country’s in Asia.

[smithie6] 04/2/2020 14:27

doodle
Cubs esports & CHE

is that in Asia ???

[smithie6] 04/2/2020 14:23

I've done it. & with big positions ;-)

(it's a pain getting hit occasionally when a struggling co. receives an offer to buy it. & the share price opens up ! & shorters see a sudden loss !; & over priced garbage that should fall in price can often just keep on going up even higher !!)

[doodlebug4] 04/2/2020 14:23

Smithie6 - Derek Lew is Chairman of BLU and Mike Edwards is Chairman of the newly formed merger between Cubs eSports and CHE.

[hazl] 04/2/2020 14:18

I think there are other ways of doing it smit hie from what I gather....but I'm not a shorter.

[smithie6] 04/2/2020 14:12

hazl

I dont think any trading house would offer shorting for a co. with a cap. value of 3M pnds

I think they normally start considering it at 20-30M...& they prefer above 50M

----

& no sane person wld short a microcap in esports & new micropayments system where 1 RNS at 7am could suddenly cause the share price to open at a much higher price at 8am

(an rns at Tesco, BT, Sainsbury....very small chance that 1 RNS could cause the share price to open say 50% higher, whereas if some co. linked to BLU did a deal with a big global co. or that the German media trials were a fantastic success or signed up with the FT to sell their articles (everyday !!) ....it could easily happen)

[hazl] 04/2/2020 14:11

No when I looked at it that was not likely....my version.
Who knows?

[smithie6] 04/2/2020 14:10

newish names

so, Derek Law is the newish chairman, non-exec I think
while Mike Edwards is I think not on the bod, but is involved in the Asian esports co. that BLU has invested in

business wise both of them are from the Vancouver area...& have good experience in investing/developing start up IT/net companies....(Mike Edwards was an exec. dir. at Argo Blockchain until not long ago)

if I've made any mistakes Im happy to be corrected

[hazl] 04/2/2020 14:02

It could have been a short being closed and then being bought back,perhaps.

IMO

[smithie6] 04/2/2020 13:42

an equal trade normally means a

bed & sipp trade
or
bed & ISA

(but for that the buy & sell prices would normally be identical or 0-2% different...
since the MM sees no nett movement of shares he is not doing almost anything, & takes no risk....so it's a smaller margin than normal trades


trade prices were
0.12p
0.1202p

ie. tiny

~14.587 million shares on each of the 2 trades

----

what does it mean ?

normally that someone thinks the share price will go up (or also the opposite) & they want the gain to be tax free inside their ISA (or sipp)...to then be able to take profits later on without worrying about tax implications

( inside a sipp there is a risk of paying tax when X decades later the assets are withdrawn, after the annual tax free amount for income)

CGT is X thousand per yr, so normally it means someone with a solid amount of money in shares...that is worried about exceeding the cgt limit

----

& if you think the price will fall ...you might move the share from isa account to normal account ...& book the future loss vs the cost when put/bought in to dealing as a cgt loss

----

1 trade today at 0.155p
...higher than other trades

ie. the upward trend is continuing

& after a biggish % rise yesterday that is a positive signal imo

---
imo


a strong hold...or a buy

[888icb] 04/2/2020 13:30

2 more odd trades have appeared first a Buy of 1,214,838 @0.147. Then 37 minutes later exactly the same number of shares were a Sell 1,214,838 @0.131. One suspects a rollover when you have identical trades but the timing and the price difference were greater than you would expect. If they just changed their mind it cost them £200!

[hazl] 04/2/2020 13:13

'Sydney Australia. February 3rd​, 2020 – ​Leading esports companies Cubs Esports (Cubs) and Critical Hit Entertainment (CHE) officially announce their intention to merge. The new group will continue to trade under the CHE banner. ​The merged Company will focus on scaling its unique esports infrastructure product offering at the High School, University, Corporate and Club level and intends to raise funds in Q1 with the ambition to aggressively scale its proven esports strategy in developing countries in Asia.'