Blue Star Capital Share Discussion Threads

[nico115] 28/11/2022 13:18

I think it's a case of not needing to raise funds as who wants to be diluted at these prices ?Whereas in Guild can you say for certain that you won't be diluted down here ? I have no view at all but I rather not be diluted when a company is undervalued.

[ben gibbons] 28/11/2022 13:14

I appreciate stocks are down due to current events but if blu is not for you then you dont have to invest :-)

[hazl] 28/11/2022 12:15

'Based on information provided in this review, Blue Star believes its two major investments have the potential to provide significant value for shareholders. Blue Star’s focus will remain on achieving a successful exit of these investments within the next two years. When Blue Star considers an exit appropriate, it will consult with shareholders to decide the most appropriate course of action.'
They stated this previously.
I think they are doing a fair job in difficult circumstances.

[7rademark] 28/11/2022 12:14

Don't misunderstand me I'm just interested in their reasoning, I'll leave it there, gl with blu star.

[stoxx67] 28/11/2022 12:07

agre nico,

i'm sure with Tony's plan, we will have no need for further cash call, a cash call for GILD looks more and more certain !! i've never seen a value attached to any contract they have "won"

back to BLU, lets hope for substantive news from both Pendulum /Satoshipay and Dynasty Q1 '23

your call of 0.6 Q1 this year was correct, however when we are , eventually, able to get a realistic sum of parts, would hope for 0.6 - 1p

Satoshipay must-have significant value once polkadot parachain is realised and dtransfer begins.

Dynasty could be worth anything , but even at a measly £100m valuation its 0.3 per share to BLU.

lets see what happens.

blu

[nico115] 28/11/2022 12:00

Signed a deal with sky But shares are 1.4p I'm sure you never saw them here so not sure why you would criticise a seller !!

[nico115] 28/11/2022 11:59

Not interested in growing I'm invested in Blu for Dynasty and Satoshi Guild cost structure looks too high So I'm happy Blu have taken money off the table as means we don't need a placing for at least 12 months if ever at all.Still this switcher out of Blu into Tnt so patience required.

[7rademark] 28/11/2022 08:02

Have you missed the points that blu star requested share holder approval to hold yet another placing but failed so have been forced to sell or the fact that due to the climate, covid, and the current cost of living crisis 90% of stocks are heavily down regardless of performance, how many of blu stars investments have signed sponsorships with sky tv, Samsung and Coca cola. Quick question is your company listed, I'll place it on my avoid list.

[stoxx67] 28/11/2022 07:25

great news reducing "investment" in the steaming pile that is Guild

[ben gibbons] 28/11/2022 07:10

I can tell you as a company director myself I have multiple revenue streams in my business and at times I have dropped certain services or revenue streams because they underperform and are simply not worth keeping.Can you blame blu for doing the same?After all they are trying to run a profitable business and if something is not profitable and does not reflect and decent return on investment then it has to go.

[ben gibbons] 28/11/2022 07:00

The second significant esports investments is in Guild Esports plc ("Guild") in which the Company has invested a total amount of £705,000. Guild initially performed strongly and listed on the Standard Segment of the Main Market of the London Stock Exchange in October 2020 at 8p per share valuing the business at £41.2million. At that time the Guild investment was showing an unrealised gain to Blue Star of approximately £1.75million. Since its listing, Guild's share price performance has been disappointing and is currently standing at around 2.7p. In order to raise working capital, the Company has recently reduced its shareholding in Guild to approximately 22million shares, representing 4.3 per cent of Guild. At this time, based on the current share price and proceeds from disposals, the Company is around break-even on its Guild investment. However, the Board is pleased to note the positive announcements from Guild in the last few days and its share price strengthening and remain hopeful that Guild's recent stronger performance will continue.

[ben gibbons] 28/11/2022 06:56

How do you know they intended to sell even though they stated that they hoped guild share price would improve?

Do you sit on the board at blu?

Maybe blu genuinely meant what they said about guild at the time and then subsequently changed their mind?

Are people not allowed to change their mind on matters?

[7rademark] 27/11/2022 21:01

Also your reference to other aim companies, guild is main market listed, I'm not trying to ramp guild or deramp blu, I'm just interested in learning the thinking behind their decision to sell a company that has just signed large sponsorship deals, my only major criticism of blu was their rns stating they hoped guilds share price would Improve, knowing full well they intended to sell further and therefore the share price simply put could never improve whilst they did.

[7rademark] 27/11/2022 20:55

But where is the value for shareholders if an investment company is selling down positions at all time lows, yes you can argue they will not therefore need to raise funds, but the more holdings they sell the more their mcap is reduced. 4.9b shares in issue v guilds 500m, the truth is blu can't raise again, shareholders will not vote it through, so how do they grow.

[ben gibbons] 26/11/2022 10:19

Lol maybe but not likely.Just wanted to pump & dump obviously.Nevermind.Blu like most stocks seem slow this year due to the economy and other factors.

[nico115] 26/11/2022 09:07

Disagree Blu can sell sthaler,NFT and east side .I would doubt Blu need to ever have another placing .Can you say that about Guild ?As I've said ,I have no view on Guild but there is much less chance that Blu need to raise money than Guild. Blu has a much smaller cost base (than most companies )Placings aren't always a bad thing but dilution is never really wanted by shareholders .

[nico115] 26/11/2022 08:49

Saw that Odd as he's been tweeting he loves Blu and on LSE said he won't sell below 8pct Maybe there another mark white : )

[nico115] 26/11/2022 08:47

What happens then ?Better to be funded for a year than not be like many Aim companies ?Not saying it was right or wrong but it's good to be invested in a company where no placing is needed for 12 months at least .Can you say for certain that guild don't need a placing for 12 months ?I have no view on this at all as I'm not invested in Guild so have not looked at the financials but all I would say is however good the fundamentals of a company (and guild could be a great winner ) when it needs to raise 9/10 it's at a big discount .

[ben gibbons] 25/11/2022 19:32

Under 3 percent so not totally out

[turbotrader2] 25/11/2022 18:47

No it means the tea bag money needs replenishing

[ben gibbons] 25/11/2022 18:21

Mark continuing to dump by the looks of it.