Blue Star Capital Share Discussion Threads

[kernel_pult1] 18/6/2020 18:35

& put it this way.... from a business perspective, COVID might just be a blessing in disguise because at least it has railroaded meinhard into putting in some proper graft and getting the B2B business set up instead of getting on another plane to another new country to carry out another fruitless exercise aka a blockchain seminar. It can't be a co-incidence that we've seen more progress in the last few months than we have in the previous 2 years before that.

[kernel_pult1] 18/6/2020 18:05

give it (a little more) time spookie, check my recent post, its still all to play for with satoshipay

[kernel_pult1] 18/6/2020 18:04

Well, looking at their short alpha testing video released a few days ago (on their twitter feed) I note they have a transaction fee displayed of 0.4%. I am speculating here but providing that is the live transaction fee, a £1m transfer would generate £4k of revenue for Satoshipay. It would have taken millions upon millions of micropayment transactions to make that £4k of revenue. With that in mind, it shows how B2B alone (once generating revenue) can move the share price very quickly. e-sports and fingopay are just the icing and cherry on the cake. Get rid of micropayments, focus on B2B, stop 'flogging a dead horse'

[okspookie] 18/6/2020 17:56

have Blue Star Capital EVER invested in a company & sold at a profit

just asking

[doodlebug4] 18/6/2020 17:30

Two large buys this afternoon just after 15.00 -------

[doodlebug4] 18/6/2020 16:14

Totally agree with your comments, kernel. Meinhard seems to live a very pleasant lifestyle funded by various investors with deep pockets. It's a bit like living off the benefits system in this country, where is the incentive to have a daily job if you can spend other people's hard earned money?

[kernel_pult1] 18/6/2020 15:36

The thing that strikes a cord with me is that in a recent interview, Meinhard spoke about his younger years and how he liked going travelling and visiting different countries, over 50 to be precise. The two years between mid 2017 and mid 2019, some of his time was spent jet-setting round the world doing his blockchain seminars (talking about being able to carry out transactions at or below 1 cent... but lets not go there...) . So with his obvious past interest in exploration, investors have effectively continued to scratch his travelling itch, albeit in business form. The problem is, shareholders haven't really seen a return on that 'investment' of him travelling around europe and the world. The performance and contract wins relating to micropayments has been nothing short of abysmal. Why are they still making a song and dance about it? Micropayments need to be put in the bottom drawer and forgotten about. They need to get absolute focus on making B2B a success. Looking back , I don't know how Meinhard was allowed to operate so aimlessly for so long. It is a little frustrating, but we are where we are... and I just hope moving forward they don't squander as much time as they have in the past. Come on Meinhard..... its time to get to work and start producing some proper results.

[stoxx67] 18/6/2020 13:54

thanks DB

what effect, have numerous Satoshipay capital raising events , at increasing valuations, had on the Blue Star share price.?

i do believe they will all do well, esports is en-vogue at present, but Blue Star has to realise holding for the share price to realise value.

may well be the case that as Satoshipay, hopefully, becomes a player in the B2B marketplace, the market attributes a more reasonable fair value.

we now wait and see !!!!

[doodlebug4] 18/6/2020 13:01

And here's the fine print from BLU's website:

"It is anticipated that returns from the Company’s investment portfolio will upon realisation or sale of its investee companies, rather than from dividends received. Whilst it is not possible to determine the timing of exits, the Board will seek to return capital to shareholders when appropriate."

[doodlebug4] 18/6/2020 12:52

I'm sure it will be well hidden in the fine print somewhere!

[stoxx67] 18/6/2020 12:03

indeed DB !!!

2 publishers signed in 5 years.

if they are banging the drum, there are no skins on it, and similarly very little micropayment "skin in the game" from media / publishers.

i very much wish it had been different , i of course, as a BLU stockholder, want Satoshipay to succeed, but believe that the only effective revenue path for Satoshipay is B2B.

i suppose we will find out when next trading statement comes to pass, and we find out just what gets back to Blue Star from these Euro650,000 processed payments, or what comes back to Blue Star from the 200,000 Wallet accounts

i have my suspicions as to the amounts, do you ?

[doodlebug4] 18/6/2020 11:51

Yes, they are determined to keep banging the drum for micropayments. They need to keep the emphasis on B2B payments.

[stoxx67] 18/6/2020 09:54

Will be fascinating to see revenue and profitability based on this DB ... lol

[doodlebug4] 18/6/2020 09:13

Blue Star Capital
@BlueStarCap
·
25m
#BLU
@SatoshiPay
#MicroPayments #B2B #Wallet
SATOSHIPAY
Website Micropayments that Simply Work
➥€650k processed
➥200k wallet accounts
➥Up to €90 CPM at 16% conversion rate
@BlueStarCap
holds 27.7% of
@SatoshiPay

[stoxx67] 18/6/2020 07:07

a well articulated point KP, agree entirely !!

[kernel_pult1] 18/6/2020 06:25

...... here is a interview from May ‘17. You Barely need to get 2 minutes into the video and you will have heard meinhard talking about making transactions as low as or below 1 cent. This should never have been used as a selling point because transactions at lower than a cent were never going to make any money. What was the point? This is why the likes of VISA, MasterCard etc have minimum fees in place. Anything less is not worth bothering with. It is unfortunate that Satoshipay continued banging this same drum about 1 cent transactions for the 18 months following largely unchallenged, however I thought it worth posting for perspective and a reminder for investors that we are in a far, far better position now than we were at the time of the above interview. Onwards and upwards!

[stoxx67] 18/6/2020 05:51

it's Satoshipay not Satochipay, i would hope they will change the name very soon to something a little more catchy, a little more relevant and a little shorter.

i believe you have explained FFWD and their investment in leap to this board before 888ICB.

as i stated earlier last week a break of 0.15 on volume , technically gave a target of 0.25 then 0.35.

this is only just back to NAV , or slightly above.

Satoshipay news is needed, desperately, to get this stock back on track.
many wasted years pursuing a sector that does not have the ambition or inclination to adapt and change, namely micropayments with the media / publishing sector.

first lesson at business school , adapt (embrace) to change or die, the death knell tolls for media publishing, Satoshipay should kick it into touch !!!

[888icb] 17/6/2020 21:43

I too am pleased with the esports but bought BLU for Satochipay which I liked the look of when it was an investment of FFWD. I was not happy when they sold to BLU so I bought BLU to retain an exposure to Satochipay. Incidentally FFWD then invested in a gaming company called Leap Gaming which is doing very well.

[kernel_pult1] 17/6/2020 19:27

Well Dandy, don't get me wrong, I am happy BLU has started to move but our esports investments are pale compared to our holding in Satoshipay. It is news on Satoshipay which will influence the share price. Unless any of these esports companies jumps 5x or 6x, then that would be worth over 1m market cap to BLU which then is a reasonable amount of £££'s. IIRC they initially put in around 150k on each esport company

[imjustdandy] 17/6/2020 19:02

It's becoming very interesting here for sure. Esports booming across the globe . 6 investments in esports.

[888icb] 17/6/2020 15:35

Volume now 62 million up 14.7%. A very good rise and the graph is looking very positive.

[cyberbub] 17/6/2020 12:18

If Satoshipay gains initial traction in the B2B sector in the next 12 months then it will probably be bought out by a bigger fish, but the price will be high. If we still hold 20%+ then we could be in for a 2p - 5p special divi IMO.If Satoshi moves into the mainstream with a substantial part of the B2B payments market, but somehow remains independent, then in the next 2-3 years we could easily see a 20p-25p or higher share price IMO.These are of course 'optimistic' scenarios... lots of technical, commercial and execution risks still involved... "Ya pays ya money ya takes ya chance..."No advice intended etc

[doodlebug4] 17/6/2020 11:58

52 trades so far this morning. It's been a long time since we have seen these volumes.

[hazl] 17/6/2020 11:52

It has felt as though its working up to something for some time.

[dennisbergkamp] 17/6/2020 10:40

Trying to stay calm, but could really do with a lift here to recoup some value

D