Blue Star Capital Share Discussion Threads

[okspookie] 30/6/2021 20:33

good post compared to 888 who is living in cloud cuckoo land

now trying to blame long term shareholders

who post their concerns on bbs

for the lack of new investors in this share

u seriously need a reality check 888

i wud be more than happy to ramp this share

if I thought it was genuinely worth ramping

but at this point in time it's a piece of poo

[m0riarty] 30/6/2021 18:21

what happened to the 100 day review Derek? shareholders should be kept apprised.

i for one am VERY disappointed at the lack of transparency with regards Satoshipay and would have to say i agree with the critical comment on this board, for those of you that are happy to delude yourself that all is well when the market is constantly telling you it is not, look at the share price and look at what the market is telling you, if you are still of a mind to believe all is well, then financial markets are not for you.

it is now overdue, in my opinion, that we get a significant update on the following

1... result of 100 day review, what are the conclusions ?

2.... Satoshipay - detailed assessment of EXACTLY what is happening, how can we decide whether progress is being made if we never have financial information on which to asses progress ?

3... e-sports, great with regards Guild and dynasty, however WHY no mention of Googly, formation et al ? what is happening with the other 4 esports companies?


as shareholders we are not being supplied with all information that is reasonably required to formulate an investment decision, this must change and vague assessments of what is happening at investee companies should no longer be tolerated.

[888icb] 30/6/2021 17:03

Why does the company publish its NAV in its accounts? It’s because that is the value of the company’s assets. BLU is essentially an investment trust many of which publish their NAV every day. BLU can’t do that because not all it’s investments are listed.
The NAV is the true value of the company and gives you a clear guide to what your shares should be worth. The share price does of course matter to shareholders but is only important today if you want to sell or buy. You would buy a share like BLU now because you know you are buying at a big discount to NAV which one day the market will recognise and the price will rise.It is a frustrating share but it is not helped by people on bb’s continually slagging off the Directors or the investments instead of highlighting the positives such as the value. The share price will only go up if a lot more people start to buy BLU which is less likely to happen if the existing shareholders are continually negative.

[okspookie] 30/6/2021 15:29

u can quote nav figures until the cows come home

surely it's the share price that matters to shareholders

nav going up share price going down

& i could value my boat at £1mill

but it's only worth what someone will pay me for it

[888icb] 30/6/2021 14:53

The nature of venture capital is that more investments are likely to fail than those that succeed. The successes should more than compensate for the failures. So the way to judge the esports is to look at how much was invested in the various esports companies and judge it against the total value of the esports portfolio.
So I am sure you are right that the esports companies that are not mentioned have so far not done anything of note but overall esports is making a very positive contribution through the large increases in value of GILD and Dynasty and much more to come before the end of the year.
Please explain your comment that it is “hardly surprising after that report”. That report records that since the start of that accounting period to yesterday the NAV has increased from £5.9 million to £12.2 million which is more than 100%.
The performance is pretty impressive imho.

[fairenough11] 30/6/2021 07:41

Guild interim results


Outlook

-- Sponsorship revenue growing strongly with minimum aggregate contracted revenues currently at GBP7.5m, putting Guild on track to achieve first-year sponsorship revenue targets

-- Robust pipeline of potential sponsors with several deals at advanced stages of negotiations
-- On track to achieve one million subscribed fanbase by the end of 2021

[doodlebug4] 29/6/2021 15:10

That sounds a reasonable target to aim for - bring it on.:-)

[888icb] 29/6/2021 14:40

If the Directors incentives only kick in when the share price is over 1p then I think I could live with that!

[okspookie] 29/6/2021 13:37

a little sop to disgruntled shareholders tucked in that report

management taking a cut in salary

& offered incentives

will that make any difference

ffs

[okspookie] 29/6/2021 13:33

a little sop to disgruntled shareholders tucked in that report

management taking a cut in salary

& being offered incentives

will that make any difference

ffs

[nico115] 29/6/2021 12:02

Totally agree mate

[fairenough11] 29/6/2021 11:11

Well undervalued right now with large increase in Dynasty NAV to come at FY.

Added to my LT holding.

GLA.

[888icb] 29/6/2021 10:19

It seems that the market doesn’t like or perhaps understand companies like BLU which are more like investment trusts in the venture capital space. The same issue is occurring at the company that initially made me aware of BLU when it sold its Satoshipay shares to them which is FFWD. FFWD is also invested in a number of early stage companies and it is also trading at a large discount to NAV. FFWD is due in the near future to realise a very large profit on its largest investment Leap Gaming which will hopefully be the catalyst to move FFWD and we just need to work out the catalyst for BLU which should be the Dynasty IPO and personally I still have high hopes for Satoshipay.
I am seriously considering topping up here when I have some funds available.

[nico115] 29/6/2021 08:31

Dynasty the jewel in the crown Very exciting : )

[oakville] 29/6/2021 07:54

As I thought would expect a holding RNS also in the next few days.

[oakville] 28/6/2021 23:17

Large buy destroyed all those weak sells. RNS tomorrow?

[888icb] 28/6/2021 14:43

GILD Up 6.2% on volume of 5.4 million but unfortunately it is not moving BLU so far today.

[microscope] 28/6/2021 12:33

Dennis interesting and helpful thanks. I made an enquiry about NFT through my broker, a well known UK dealer, but they tell me that there is no KIID document available yet, which means that legally they are unable to trade the shares.A KIID, or KID, (as I understand it but very happy to be corrected as it is new to me) is I'm told basically an investor protection document which companies are asked to provide to the market and dealers. Having read your post, thanks, and looking at the share price, suspect there may well be further selling to come though a Director bought at 2.9p recently and if my ever shaky maths is right they are trading around cash.So one for the watchlist for now and hopefully BLU's investment will flourish. It's encouraging that they were the founders of ARGO. A little of that magic would be very nice!