Blue Star Capital Share Discussion Threads

[brasso3] 30/12/2020 10:21

Had another nibble at just over 1m shares. This is going to come good and has been missed by most.

[hazl] 30/12/2020 08:36

Don't forget ....last announcement....

'Since making its initial GBP900,000 investment in six esports opportunities in November 2019, Blue Star has invested in total approximately GBP1,680,000 across seven companies. Follow on investments have been made in Guild Esports plc ("Guild"), Dynasty eSports Pte Ltd ("Dynasty") and most recently in FORMATION Esports SaaS ("Formation"). Based on the current valuation of Guild, which was admitted to the standard segment of the London Stock Exchange's main market on 2 October 2020, and the higher valuation achieved by Dynasty in its subsequent fund raises, Blue Star's esports portfolio is now valued at GBP3,715,890, showing an unrealised gain of GBP2,035,890 and an increase of approximately 120 per cent.

The Drops

Further to the announcement of 14 January 2020, in which it was announced that The Drops had entered into a letter of intent with Fibresources Corporation ("Fibresources"), whereby Fibresources stated its intention to acquire all of the issued, and to be issued, share capital of The Drops. The Company has been informed that Fibresources did not complete the acquisition. Blue Star has invested approximately GBP147,000 in The Drops and holds an interest of 13.6 per cent. in the company.

Diemens

As per the announcement of 3 February 2020, Diemens announced its intention to merge with Critical Hit Entertainment PTY Ltd ("CHE"). The Company has been advised by Diemens that the deal with CHE did not complete. Blue Star has invested GBP133,000 in Diemens and holds an interest of 13.3 per cent. in the company.

The Company awaits updates from its further esport investee companies being Formation, Googly Esports plc and The Dibs Esport Corp and it will update the market further in due course.

Tony Fabrizi, CEO of Blue Star commented, "the overall performance from our portfolio approach is showing a significant return in year one. Although today's news from The Drops and Diemens is disappointing, both companies continue to explore opportunities to build their respective businesses. While the overall performance from our portfolio approach is showing a significant return in year one and while the early-stage nature of our esports portfolio will lead to some disappointments, the Board remains highly optimistic regarding the future performance of the Company's overall portfolio."

[hazl] 30/12/2020 08:22

His post and mention of a Dystopian future reminds me of this.



2020 – FS Insider speaks with Joel Kotkin about his latest book, The Coming of Neo-Feudalism: A Warning to the Global Middle Class, where he argues how "society is being rapidly reduced to a feudal state, a process now being exacerbated by the COVID-19 pandemic. Millions of small businesses are near extinction, millions more losing their jobs and many others stuck into the status of a property-less serfs. The big winners have been the 'expert' class of the clerisy and, most of all, the tech oligarchs, who benefit as people rely more on algorithms than human relationships." This is a must-read book and a must-listen interview!

[hazl] 29/12/2020 18:27

hope millionaire blog doesn't mind me reposting.





'In disruptive tech companies that flourish in a dystopian future. Biometrics, Esports, Digital Payments, Audio and Video streaming, Mobile Apps. Examples include #MVR who recently acquired Napster and #blu who are heavily exposed to Esports
Rocket'
Fire
Fire

[jimbob999] 29/12/2020 09:18

Agree, took a couple mil more.Gla

[doodlebug4] 29/12/2020 09:12

Stellar
@StellarOrg
·
17h
In April of 2020, we hit 1 billion operations processed on the network since it launched in 2015.

From April on, the network has processed an additional 553 million operations!

[imjustdandy] 29/12/2020 08:54

Should break 0.20 this week based on crypto movements. Esports investments now low risk / high reward. Satoshi will multi bag this

[trentendboy] 29/12/2020 00:14

Stella might come under pressure post XRPThey need to get a publicity machine rolling and fast to pick up some good press as alts get sold off

[imjustdandy] 26/12/2020 13:27

Superb article.

[hazl] 26/12/2020 12:55

Doodle good find.

[trentendboy] 26/12/2020 10:53

The issue is alts in general BTC taking everything - rightly so due to network effectsThe ripple issues are important for Stella network

[hazl] 26/12/2020 07:15

First of all can I say Happy Christmas and New Year to everyone here but especially doodle whose post I saw too late.
Secondly I think many of us anticipated that eventually Governments would clamp down on cryptocurrencies or anything that threatens their currencies.

There have been signs lately.
hazl - 20 Dec 2020 - 09:20:44 - 9607 of 9695 Going for yield but keeping our shirt. - YLD


and before that Jim Rogers implied similarly in one of his videos.

Thanks trentendboy for bringing it up.




The reason they left it long is I think because they want to go completely digital themselves,and were learning by the innovations of the current ones seting the trend.


So where does that lead us?
Well firstly we are a fund and we have the strengths of the rest of the investments,E Sports in particular.
Secondly, we always had an angle slightly different to the rest of the cryptocurrencies, in that we could still be associated with GBP.

I expect they might all be tarred with the same brush initially, but I still think we have hope.
In the mean time I will look to Dynasty Leaf,Guild and all the various excellent investments we have until it has played out.

[dennisbergkamp] 25/12/2020 21:16

Why will xrp price affect xlm?

D

[trentendboy] 25/12/2020 20:43

XRP fallout will hit StellaBe interesting to see how this plays out

[doodlebug4] 24/12/2020 17:11

Happy Christmas to all BLU shareholders. Despite all the restrictions and tiers I hope you can spend some quality time with your loved ones.

[trentendboy] 24/12/2020 13:57

Proper counter-culture games - funny. Cheech and Chong bud farm - genius

[imjustdandy] 24/12/2020 10:02

Big things going on behind the scenes

[hazl] 24/12/2020 09:37

A great find fairenough.

[imjustdandy] 24/12/2020 06:56

Good news just keeps on coming