Blue Star Capital Share Discussion Threads

[doodlebug4] 23/2/2021 11:30

27.9% stake in one company is too high in my view. Great if SatoshiPay eventually delivers, but not great if we are still waiting for positive results another few years down the track. As fairenough says, it's not an easy call.

[fairenough11] 23/2/2021 11:02

The only "logic" I can see is that the current boss sees satoshipay as a legacy business/non core and he thinks the £4m/£5m could be better invested in Esports.He could have his eye on more opportunities i.e. £1m x 5 esports investments.
DTransfer could be big,bluesky in fact,so it's not an easy call.

[888icb] 23/2/2021 10:54

There is no logic in disposing of Satoshipay that I am aware of.

[purplepelmets] 23/2/2021 10:19

Where is the logic in disposing of satoshipay?

[888icb] 23/2/2021 09:30

I entirely agree with you ragnarr. BLU is all about Satoshipay and that’s why most long term holders invested in it. Dtransfer is a relaunch and needs to be given time to prove itself. The esports is very promising but we are still new to that field compared to our investment in Satoshipay. Patience is required and I would consider it a betrayal of long term holders to dispose of Satoshipay prior to an IPO as there is no other way of getting exposure to Satoshipay which has the potential to be massive.

[ragnarr] 23/2/2021 08:45

I sincerely hope that is not the case. DTransfer has the potential to make this share go steller. the change of direction from micropayments reminds me a bit of Argo changing direction and moving solely into bitcoin mining 18 months ago and it dropped to 4p before take off.DTransfer is still in limited beta so a little patience is required imo.

[imjustdandy] 23/2/2021 06:26

Next update will put all these scaremongers to bed. Esports is growing nicely and will be our core business going forward. I believe DL is already working on a disposal of Satoshi. He may tidy up all the small non core investments and start taking larger stakes in esports which will be our core business going forward. The last CEO just sat and watched. This CEO won't.

[doodlebug4] 22/2/2021 21:32

Mixed messages there I think. You invested in BLU because of eSports, but suggest that the share price is dependent on the success of SatoshiPay.:-) Whatever.

[okspookie] 22/2/2021 16:29

ur on the wrong thread mate

this is the bull thread

not the bear thread

pulty will be constantly patting u on the back

is he writing ur script now

[kernel_pult1] 22/2/2021 15:45

"I cannot see SatoshiPay announcing record revenues or record profits!!!!!!" - I completely agree with this.

It is good to read that someone else agrees that management at Satoshipay have been a failure.

I remember when meinhard said that Satoshipay could be bigger than paypal...... he then said they can become a unicorn company, he also said 1 billion market cap..... Talk is cheap.... Actions speak louder than words...

[kernel_pult1] 22/2/2021 11:38

Bapodra - Thanks, Yes I understand it is not right to directly compare BLU with the likes of Argo, KR1 etc, however there are a few similarities between them, one of which being they are all blockchain related. Dtransfer should be transacting in the hundreds of millions and generating a reasonable revenue by now. They would have been preparing for getting involved with B2B a long time before the first RNS announcing their move into B2B came out in Nov 2019. I don't know what the hold up is with them. I also don't know why they aren't handling transactions for some of our esports investments (such as prize money, tips, donations etc etc). The business bridge of BLU is already established, it's basically on a plate for Satoshipay.

I remember Tony F saying the RTO back in 2018/2019 failed because the market was against them at the time. What's the excuse now - Is the crypto/blockchain market against them now? I think not!

I believe crypto et al will have a correction at some point, and when that happens it will no doubt unfortunately drag us down with it.

Despite me averaging down, I'm not underwater at present but you are right when you say I've tied up more capital just to keep my head above water. However in that time we have also been diluted from 2.7bn shares in issue from when I first invested late 2017 to now 4.33bn shares in issue, which factors in the placing for the esports investments. If the share price dips any further I might be forced to dip my hand in my pocket yet again (I do not want to have to do this).

Regarding technical analysis stoxx, if you want my honest opinion, short term we could be dipping back to 0.1p. One could argue a head and shoulders pattern is forming, with the head at around .28p.

It just depends on if this relentless selling pressure continues.

We need some news ASAP, the silence from our biggest holding Satoshipay is deafening.

Whilst news on our other investments is welcomed, they are not going to move the share price north like a proper update from Satoshipay would.

As great as Fingopay is, it needs to be worth 1bn for it to translate into 9m for BLU - there is a long road ahead

[blueblood] 22/2/2021 10:33

Worst stock in portfolio what is catalyst for turnaround? Need new updates desperately.

[888icb] 22/2/2021 10:24

GILD now Up 8.7% p on the US listing news to 6.9p

[doodlebug4] 22/2/2021 09:07

Carleton Curtis, Executive Chairman of Guild, said: "We would like to make Guild available to US markets in order to gain access to a broader investor base and enhance our visibility in North America, where many of our potential sponsors and fans are based. Dual trading on the OTC markets represents an important development for the Company."

[888icb] 22/2/2021 09:01

GILD up 1.6% on that news of applying for a secondary listing to attract US investors.

[trentendboy] 22/2/2021 07:30

The guild uplisting to US otc is big news Might be able to front run the news if quick

[stoxx67] 22/2/2021 05:57

Kernel

what is your technical take on BLU ?

[oakville] 21/2/2021 20:32

Hot on Twitter tonight.

[888icb] 21/2/2021 17:56

Just looking at an article in The Sunday Times Business section about Mark Carney joining the board of Stripe a digital payments giant that is looking to grow its business in the UK. Founded in the US in 2010 it now processes billions of dollars in 42 countries. The company has grown at breakneck speed and is said to be eyeing a fundraising that could value it at £71 Billion. It takes a small cut of all digital payments.
I only mention it to illustrate the size of Satoshipay’s potential market and the rapid growth that can be achieved. I am looking forward to Satoshipay’s next update which I would anticipate being mid March which is 3 months since the last one on 15/12/20.