Blue Star Capital Share Discussion Threads

[doodlebug4] 12/1/2021 15:09

Leaf Mobile
@LeafMobileInc
·
21h
"A continuation of this growth is the easiest prediction to make." -
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[kernel_pult1] 12/1/2021 14:15

Whilst I'm sure Tony has worked exceptionally hard during his tenure at BLU, I got the impression that towards the latter part of his tenure he was just going through the motions.


Hats off to Tony for his hard work over the years, but now the show must go on. He will be departing from a BLU which is very much a different beast to what it was almost 3.5 years ago. He has literally cleared the runway ready for this to take off.

I see the (soon to be) appointment of Derek as CEO as a positive move. Hopefully some fresh ideas, a different approach and some fire in his belly will see further progression in BLU (and its share price!)

With any luck Derek is capable of putting the last few pieces in the Satoshipay jigsaw and getting Meinhard to finally deliver... and when I say deliver I mean produce some RNS worthy newsflow, preferably with some big contract wins and revenue attached!

[888icb] 12/1/2021 12:46

First we were up then down and now on volume of 120 million we are back where we started 0.24. Hopefully those who sell on news have finished their business and we can make some progress north this afternoon. I agree with the poster who says it would be good to see the warrants exercised by our shareholders who hold them to replenish the company funds.In fact I believe Nick Slater who has a lot of warrants said the reason for his recent sale of 3% of the company was to enable him to exercise his warrants.

[dorset64] 12/1/2021 11:43

I would agree that the results and position of the company is great, with plenty of prospects to look forward to in 2021.

I see the current valuation as low, and would expect it to rise into the coming weeks & months once any sellers have been cleared as we all know one large holder is/has sold down, albeit with most if not all his holdings being taken up by another notifiable holder.

Personally I don't see the current £10 m/cap lasting long and is as ever a good time to invest now as ever there was.

[aimbagger] 12/1/2021 11:38

I don't think the warrants should be seen as a negative. They provide cash for the company at a high price than where the previous placing took place keeping the need for any further placing at bay whilst the company expands. Results today were superb and I feel 2021 will be a cracking year for the co.

[davealders] 12/1/2021 11:28

I hope you're right AIMBagger.
Although it seems like we've been trying to flush a seller out here since time began.
Always a seller to any rise here.
Sooner the warrants are dealt with the better.
Thanks

[aimbagger] 12/1/2021 11:14

I think we may have flushed the last of our seller this morning, big pull back and a strong bounce, the book is looking a lot better now. Let's see where we end up at close.

[888icb] 12/1/2021 11:06

It is therefore surprising and disappointing based on my last comment that BLU is currently down 2.1% on volume of 100 million!

[888icb] 12/1/2021 11:02

A very good set of results recording the information we already know as its historical to 30th September but still good to see the 78% increase in NAV and a decent profit in black and white. What we also know is that because of accounting rules the NAV is conservative as with all the holdings except GILD which is listed they are limited to initial investment cost or a valuation based on a further issue of shares.
The report sets out where each investment is heading and 2021 looks set to be a transformational year for BLU. The Esports portfolio is progressing very quickly in a booming market. Satoshipay looks set to finally take off and as it accounts for half our current NAV that is very exciting particularly as the MD of Satoshipay has recently said it could achieve Unicorn status.

[blueblood] 12/1/2021 10:44

Reckon esports is going to explode in 2021 and take everyone by surprise. Just think about the number of bored teens and younger adults!

[ramas] 12/1/2021 10:26

Just need to nail it in the crypto space and it could become a rocket ship

[doodlebug4] 12/1/2021 09:30

Thee Duke
@markdukeyboy
·
1h
More confident than ever now with my 4% holding in #BLU ! Looking good for
@BlueStarCap
being positioned in 2 of the hottest sections about at the moment ! An amazing 2021 ahead I believe 💥

[doodlebug4] 12/1/2021 09:25

A good time for Tony Fabrizi to step down after a positive set of results. Derek Lew will make an excellent replacement - he interviews well, is very articulate and has a more dynamic personality than Tony. It's noticeable that BLU's marketing has stepped up a few gears since Derek Lew joined the Board.

[joeblogg2] 12/1/2021 08:28

Muted reaction but not for long once sellers done!!!

[trentendboy] 12/1/2021 08:09

Good results Tony leaving - jumped or pushed? Will save money on salary at leastGood performance on esports and payments Massively undervalued still

[joeblogg2] 12/1/2021 07:34

Excellent results, esports in particular Dynasty is a game changer for the comp as by and esports gaming as well!! Dynasty bringing esports to the masses and reliable tournaments !!!

[hazl] 12/1/2021 07:27

'The value of the investment portfolio has grown by approximately 78% per cent over the year increasing from £5,101,587 to £9,063,432. The increase comes from an investment of approximately £1.7 million in seven esports businesses and an increase in value over the period of approximately £2.2 million.

· The Company made a profit for the period of £1,714,155 compared with a loss in the corresponding period of £684,964. The major contributor factor being the uplift in valuation achieved on the investments in Guild Esports and Dynasty Esports.

· The cash position of the Company at 30 September 2020 was £132,167 compared to £120,828 in the corresponding period. Post the year end the Company raised £95,000 through the exercise of warrants.'

Well done BLU.

[oakville] 12/1/2021 07:26

Wow. Blu making a profit !!! Like I said Stellar to me is a bonus all the revenue (ask BET365) will be from esports. !!!!

[oakville] 12/1/2021 07:25

The value of the investment portfolio has grown by approximately 78% per cent over the year increasing from GBP5,101,587 to GBP9,063,432. The increase comes from an investment of approximately GBP1.7 million in seven esports businesses and an increase in value over the period of approximately GBP2.2 million.

-- The Company made a profit for the period of GBP1,714,155 compared with a loss in the corresponding period of GBP684,964. The major contributor factor being the uplift in valuation achieved on the investments in Guild Esports and Dynasty Esports.

-- The cash position of the Company at 30 September 2020 was GBP132,167 compared to GBP120,828 in the corresponding period. Post the year end the Company raised GBP95,000 through the exercise of warrants.

The Annual Report and notice of Annual General Meeting ("AGM") will be posted to shareholders shortly and will be available to view on the Company's website hxxp://www.bluestarcapital.co.uk .

The AGM will take place on 8 February 2021 at 4.00 p.m at the offices of Cairn Financial Advisers LLP, Cheyne House, Crown Court, 62-63 Cheapside, London, EC2V 6AX. However, in the light of the ongoing impact of COVID-19 and the Government guidelines and other restrictions, shareholders are strongly urged not to attend the AGM in person. Only the formal business set out in the notice of AGM will be considered at the AGM.

Shareholders wishing to vote on any matters of business at the AGM are strongly urged to do so through completion of a proxy form which can be completed and submitted to the Company. Proxies should be completed and returned in accordance with the instructions on the form of proxy by no later than 4.00 p.m. on 4 February 2021.

Tony Fabrizi Chief Executive Officer of Blue Star Capital plc, commented:

"The Company has enjoyed an excellent year with diversification into the fast growing esports sector and strong progress at our tech payments businesses. We consider the portfolio to be well positioned to maintain this growth in the coming year and we look forward to the updating the market as the year progresses."

[farnham] 12/1/2021 07:19

Great results and growth Exponential shortly if you believe charting

[sirrux] 12/1/2021 07:15

There's a lot going on here - £10m market cap?

[fund1] 12/1/2021 07:08

And a lot of the investments are all in early stages. Will only get bigger

[fund1] 12/1/2021 07:04

Looks a great set of results. Everything going in the right direction

[oakville] 12/1/2021 05:15

Stellar is the big winner in early trading today up 8%