Blue Star Capital Share Discussion Threads

[888icb] 25/6/2020 13:08

£11.7 million is about 50% higher than our current market cap of £8 million. So the share price would need to be over 0.3 to reflect that investment and putting zero value on all BLU’s other investments. The volume today is already double yesterday at 92 million and it is surprising that the early gains have not been held. The 15% spread makes it difficult to get a clear picture of what’s actually going on but it will be disappointing if we don’t end the day higher.

[cryptique] 25/6/2020 13:01

I am hoping the next news will be in Satoshipay!

[doodlebug4] 25/6/2020 11:43

888ICB - yes, agreed, £11.7 million sounds good to me!

There's no underestimating the positive impact that Derek Lew has made on Blue Star Capital since he was appointed to the Board last November.

[888icb] 25/6/2020 11:27

That Telegraph article says that after the current funding round Guild is expected to have a valuation of £100 million. If that is correct and BLU has 11.7% that would be worth £11.7 million. Is that your interpretation Doodlebug because if so it’s more than BLU’s current market cap.

[doodlebug4] 25/6/2020 11:26

Interview with Derek Lew following today's news:

[888icb] 25/6/2020 10:57

It is incredible that someone is suggesting that this mornings RNS is simply marketing and shouldn’t have been released. The RNS informs us that BLU has invested a further £480000 in Guild to maintain its 11.7% share at 6p per share. It’s initial investment was at 1p per share and has therefore increased in value by 600%.
The company is absolutely right and indeed obliged to release such information by RNS.

[apfindley] 25/6/2020 10:02

"Marketing"Exactly the point...such news should be released by the marketing department and appear in newspapers and on social media....not in an rns, which is for important regulatory news. Well done.

[okspookie] 25/6/2020 09:45

low level news?

roflmao

i think it's called marketing

& keeping shareholders in the loop

[apfindley] 25/6/2020 08:20

Feels as thought they're doing a daily rns to try and keep momentum going, which makes us question the necessity of some of this low level news.Could it be they're trying to bump the price to get a placing away? Hmm caution for now.

[cyberbub] 25/6/2020 07:50

I'm surprised we had enough cash to make this further investment? The 'working capital' aspect of the recent 500k raise must now be under pressure... Another 250k raise due soon? Hopefully at higher prices!

[r0bt] 25/6/2020 07:49

I managed to read article without subscribing. Hopefully someone can post full piece. Very positive.

[r0bt] 25/6/2020 07:23

https://www.ft.com/content/d86002cb-e780-4f0e-bcaf-fa990cbdeb8b

[imjustdandy] 25/6/2020 07:16

Our original investment into guild was 1p and this subscription is 6p. 600% gain and we have anti dilution rights and David Beckham to take it to 60p.

[imjustdandy] 25/6/2020 07:10

The news is just flowing out of this company

[stoxx67] 25/6/2020 07:06

another very good announcement today, looks very good indeed.

well done to all at Blue Star, esports is up and going and it would seem will be a major driver of both revenue and share price going forward.

lets see if we can crack the .22 and .25 resistance levels in Short order !!!

wonder if they are going to release an update on each esports company, on consecutive days..............and then.......... release............. nothing on Satoshipay ;)

[888icb] 24/6/2020 19:39

The important point today is we were off to a flying start after yesterday’s close above 0.2. It then pulled back for most of the day but came good at the end on volume of 46 million to close Up 4.6%. The rise continues and should do for some time if Zac Mir’s chart is right with his 0.35 target.
The e sports have certainly put BLU on new radars as e sport is attracting a lot of attention across all markets. It was certainly a good call to invest in that area. Obviously many investors are here because of Satochipay and significant progress there would be very good for the share price

[doodlebug4] 24/6/2020 16:45

apfindley - BLU have invested quite a lot of money in the "sideshow" which is becoming the main attraction! Agreed that SatoshiPay need to make progress and hopefully we will not still be saying exactly the same thing another six months hence.

[kernel_pult1] 24/6/2020 10:30

agreed apfindley, we hold 13.7%..... nowhere in the RNS does it say how much that 13.7% is worth. Interim results must be around the corner and with that some (hopefully) positive news on satoshipay

[apfindley] 24/6/2020 07:45

No numbers relating to the investment itself, just industry wide figures. Disappointing.As is mentioned in the comments below by stoxx, these are all just a sideshow, the real investment remains satoshipay...that's what we need progress on unfortunately.

[hazl] 24/6/2020 07:28

Under the terms of the partnership agreement, MESF will actively endorse, promote and drive all eSports related traffic in Malaysia to the EPM platform. MESF will also regulate and ensure that all domestic eSports events, leagues or tournaments in Malaysia will be exclusively hosted on the MESF platform as the single destination site for eSports. Tournaments and leagues attempting to operate outside of the MESF Platform will not be licensed or authorised by MESF which is expected to have the effect of any such event being blocked.

[hazl] 24/6/2020 07:19

'The Malaysian gaming and eSports ecosystem is considered to be one of the more developed markets for eSports. Malaysia is estimated to have over 20 million gamers who spent an estimated RM 2.9 billion (approximately £543 million) on gaming in 2019. In November 2019, MESF, together with the Malaysian Government's Ministry of Youth and Sports, publicly launched its 'Strategic Plan for eSports Development 2020 - 2025' via a blueprint which the directors of Dynasty consider has effectively regulated the eSports industry in Malaysia. Additionally, the Ministry of Finance has allocated RM30 million (approximately £5.6 million) in its annual budget for investment in the development of eSports in Malaysia.'