Blue Star Capital Share Discussion Threads

[ragnarr] 20/10/2021 16:57

https://medium.com/stellar-global/xlm-he-token-of-the-future-84548b890eb2At some point the proper light from the mainstream will shine on Stellar. Unlike others in the past, Stellar and XLM will prove to be the perfect example blockchain can have to positively change the way people interact with the transfer of value. As protocol 18 advancements come to the network unlocking Turing Signing Servers (TSS) and partner organization such as Satoshi Pay and Pendulum provide bridges for Stellar to access Ethereum and beyond the vision of Stellar will soon become a reality for all.

[888icb] 19/10/2021 18:16

As he is such a large shareholder he has to publicly declare his shareholding in any event. I don’t know about his investing record but I suppose if you think BLU will eventually come good,it’s a reasonable strategy.

[doodlebug4] 19/10/2021 18:01

I wonder what Mark White's record at investing is like. He seems to be averaging down a lot with BLU and I think he did with ARB as well. I'm always suspicious of investors who are silly enough to post their contract notes on a public bulletin board.:-)

[888icb] 19/10/2021 14:51

Mark White posted this morning on lse:
“Sometime the night is darkest just before dawn. I am hopeful of good Pedulum/Satoshi news within the next week - Fingers crossed. Would be nice to have an update on Dynasty to see where they are at and any dates for IPO !”
I imagine he has had some contact with the company recently over the options debacle and perhaps that has led to his suggestion of imminent news. I am also hopeful of news soon because I thought the Directors wanted to get their options in place before the good news hit.
Let’s see how this plays out.

[888icb] 19/10/2021 08:56

The current quoted spread of 27% is ridiculous even by BLU standards 11/14!

[888icb] 18/10/2021 18:36

Personally, I have no interest in their views and I suspect most sensible posters feel the same.
We just share the same view about you and your mates( unless of course you are all the same person which would not surprise me at all). I think I expressed the view before Tony so perhaps he is my groupie.
If you are looking for a very pathetic person who needs to get a life then just look in a mirror.

[okspookie] 18/10/2021 17:07

Omg we have a real Fabrizi groupie here

if he told 888 to jump out of an aeroplane

without a parachute he wud do it

pls just get a life mate

it's pathetic

[888icb] 18/10/2021 16:32

I will just repost the beginning of Tony’s last post:

I see my suggestion we wait for formal news went down well with certain posters on these threads!

I dont care what spookie KP think about the Blue portfolio as they clearly have their own agenda and fair enough. They may hold their views honestly or they may simply be trying to lower the price. Personally, I have no interest in their views and I suspect most sensible posters feel the same.

[okspookie] 18/10/2021 16:07

according to 888s post on the other thread

anyone who dares to criticise

meinhard,SatoshiPay,fabrizi et Al

is a nut job deramper

meanwhile we still have no news about the pendulum fund raise

& the share price continues to slide

i don't know what medication 888 is taking

but it's clearly not working

[doodlebug4] 18/10/2021 13:36

Stellar is pumping money into several businesses - apart from the recent news about the tie-up with MoneyGram, the company announced last week that it had invested in tala.co

Stellar Retweeted
Denelle Dixon
@DenelleDixon
·
Oct 14
Congrats,
@talamobile
team! This is also our largest Enterprise Fund investment yet, demonstrative of how much we believe in Tala’s mission. Together we’ll connect users to the Stellar network, opening the door to faster, more affordable blockchain-powered services.

[888icb] 18/10/2021 01:14

It takes time to refocus a company and we are seeing the results with Dtransfer and Pendulum. We have had positive reports of progress. The important point for me in addition to Tony’s views is the support given by Stellar. Stellar have worked closely with Satoshipay for years and in recent times have funded it with a loan and a grant. So Stellar have demonstrated their faith in Satoshipay with hard cash and that’s why I think it will be different this time.

[doodlebug4] 17/10/2021 19:42

Have we not been hearing a similar story line from Tony for quite a few years hazl? What is going to be the difference this time?

[hazl] 17/10/2021 13:29

Thanks 888.
Worth repeating from Tony ....who ought to know more than any of us...


'So from Blue's perspective we are about to enter a phase when the value of SatoshiPay could rise significantly.'

[doodlebug4] 16/10/2021 20:49

888ICB - you can post Tony's posts ad nauseum on this thread, but it's not going to make any difference to the fact that the share price is going in the wrong direction. No matter whatever value Tony chooses to value BLU's investment in SatoshiPay it doesn't matter a damn if no-one is willing to buy it.

[doodlebug4] 16/10/2021 20:16

Hazl - it doesn't matter what it was valued at. I'm not disputing what it was valued at - what I'm saying is that whatever you put on the value of anything, whether it's a business, house, absolutely anything, it is only worth whatever you realise on the sale of any of the these investments.

[888icb] 16/10/2021 20:11

Here is Tony’s post which Hazl who talks a lot of sense mentioned above:
I see my suggestion we wait for formal news went down well with certain posters on these threads!

I dont care what spookie KP think about the Blue portfolio as they clearly have their own agenda and fair enough. They may hold their views honestly or they may simply be trying to lower the price. Personally, I have no interest in their views and I suspect most sensible posters feel the same.

Since most of the criticism on the BB centres around SatoshiPay lets take a look at this investment from a Blue perspective.

Blue has so far invested £1.8m in SatoshiPay and owns almost 28% of the company. The last fund raising in SatoshiPay with outsie investors valued the Blue stake at circa £5m.

Over the past 2 years SatoshiPay has managed to raise funds from SDF with no dilution to equity holders, this is a great achievement but completely ignored by certain posters. It has diversified away from micropayments to money transfer and now further developed with Pendulum. Pendulum is the key development in my opinion as this is building core infrastructure for Stellar Development Foundation, now worth over $9bn. I suspect SDF will want to own a lot more of SatoshiPay as Pendulum grows.

The funding raised through Pendulum will help fund SatoshiPay for the foreseeable future, so limited further dilution for Blue and other SatoshiPay shareholders. Pendulum will also generate fees for SatoshiPay and assist with the development of Dtransfer.

So from Blue's perspective we are about to enter a phase when the value of SatoshiPay could rise significantly.

We all agree that Dynasty is doing very well and is valued on last raise at £5m in Blues books. On flotation next year it's probably worth £10m to Blue.

In summary, Dynasty £10m and SatoshiPay anywhere between £5-10m. NAV of £15m to £20m ignoring everything else so 0.30p to 0.40p per share.

I will not be commenting again until we have the news on Pendulum

[fairenough11] 16/10/2021 19:41

Tony,

thanks for your input.

It is much appreciated.

GUILD's share price performance post IPO has been disappointing so far given the progress they have made operationally.I wonder who the seller is?

Positive news from Satoshipay/Pendulum would be most welcome.

We are due a change in overall sentiment imo.

[hazl] 16/10/2021 18:39

When they did an assessment that's what it was valued at.

[doodlebug4] 16/10/2021 16:48

Tony can put any value he likes on SatoshiPay, but it's only worth what anyone is prepared to pay for it and right now I think many long term shareholders would be delighted if Blue Star Capital managed to bank 28% of 5m for the sale of their share in that company.

[hazl] 16/10/2021 13:59

The post that I do think is excellent on the
alternative bb is

tonyfabrizi
15 Oct '21 - 08:04 - 1824 of 1841

The value of Blu's stake in Satoshipay was 5m apparently.

[hazl] 16/10/2021 10:32

The shareholders that get personal are the ones often that haven't a good argument.
Bitcoin is doing well during the last couple of days but was very much down.
This company is lumped into the tech/crypto field I believe, in people's minds rightly or wrongly.
I've seen many a company with charts like the above and it is often down to sentiment either from the sector,it is in,or the chat and the bb alternative feels fairly toxic.
Tech is going through a complicated journey too.

I feel for people who are losing here but BLU whenever it has raised money has from memory, not done it at a discount and has not come to smaller investors but gone to alternative sources.
I haven't a lot here now as I have said, so perhaps ought not to have so much input verbally.
However wish investors well.