Share Name Share Symbol Market Type Share ISIN Share Description
Blue Star Capital LSE:BLU London Ordinary Share GB00B02SSZ25 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 0.225p 629,986 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.21p 0.24p 0.225p 0.225p 0.225p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.2 -0.0 - 4.23

Blue Star Capital (BLU) Latest News

More Blue Star Capital News
Blue Star Capital Takeover Rumours

Blue Star Capital (BLU) Share Charts

1 Year Blue Star Capital Chart

1 Year Blue Star Capital Chart

1 Month Blue Star Capital Chart

1 Month Blue Star Capital Chart

Intraday Blue Star Capital Chart

Intraday Blue Star Capital Chart

Blue Star Capital (BLU) Discussions and Chat

Blue Star Capital Forums and Chat

Date Time Title Posts
25/4/201822:24Blue Star Capital (BLU) - investing in new technology5,433
21/4/201823:04A new technology play5,438
21/4/201813:15Once in a BLU Moon?2
11/4/201815:29Interview with Blue Star Capital & SatoshiPay -
16/1/201816:50BLU Research8

Add a New Thread

Blue Star Capital (BLU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:18:500.23622,5941,440.06O
07:00:520.227,39215.93O
2018-04-25 15:19:460.23432,3381,000.00O
2018-04-25 15:17:190.231,000,0002,310.00O
2018-04-25 14:29:110.2375,000173.25O
View all Blue Star Capital trades in real-time

Blue Star Capital (BLU) Top Chat Posts

DateSubject
26/4/2018
09:20
Blue Star Capital Daily Update: Blue Star Capital is listed in the General Financial sector of the London Stock Exchange with ticker BLU. The last closing price for Blue Star Capital was 0.23p.
Blue Star Capital has a 4 week average price of 0.22p and a 12 week average price of 0.22p.
The 1 year high share price is 0.69p while the 1 year low share price is currently 0.13p.
There are currently 1,881,471,741 shares in issue and the average daily traded volume is 12,698,187 shares. The market capitalisation of Blue Star Capital is £4,233,311.42.
20/4/2018
15:21
microscope: !FOLLOWFEED Thought it was time that Blu received a new thread. Personally feel both the other current main 'in-use' threads were looking a bit weary and often either stray from topic, or dive into unhelpful and needless personal battles. Hardly any discussion of the recent results for example, or their implications - retweets are fine, but take you only so far! Just because it's a penny share doesn't mean analysis should be irrelevant. I hope that bulls and bears will use this thread and treat each other with respect and decency, accepting that not everyone will ever agree on a share's valuation or otherwise. We are - or should be - grown ups lol! :)) If not then I guess c'est la vie... and Blu will probably then never get the level of discussion it deserves. Up to all of you! :) I can't moderate it (and would have no interest in doing so, just hope for the best...). For newcomers to the company, here is my take on current developments. This is entirely in my opinion and if you spot any errors/omissions please let me know, and if I agree I will amend this post. I will bend over backwards to be fair to both sides. I am an independent amateur investor, so dyor and caveat emptor. BLU describes itself as a potential investor in early stage "technology, gaming and media, mainly in the UK but also the EU." BLU from the last FY results has investments in three groups. They bought a 14% stake in a group called Disruptive Technologies. Following subsequent fundraisings by Disruptive that has become 2.1%, but raised in value. Disruptive has investments in five other businesses and in 2016 announced a 3 year plan to liquidate those positions to cash. As of BLU results, Disruptive have not yet sold any of the five holdings. I presume that when they have done, cash will be returned to BLU. BLU have given this a 'carrying value' of 1.6 million in the accounts. That will of course depend on Disruptive's success or otherwise in liquidating their portfolio. It might be for more, it might be less. So I think the 1.6 million is probably best described imho as a guesstimate. Extremely hard to assess, either way. Secondly they have a 50k (1%) stake in Sthaler, who have developed 'Fingopay' a way for customers to identify themselves using a finger vein ID at the checkout when paying for goods. They claim that it is superior to other finger IDs and are seeking to expand outside Japan and indeed globally. While it is a competitive marketplace, the link with Hitachi gives potential credibility to the project. It will be interesting to see if they can expand successfully. Carrying value is 227k in the accounts. The most recent investment is the one that has most investors excited, a 31% stake in Satoshipay. This describes itself as "a 2 way payment platform enabling online content providers to monetise their digital content, via very inexpensive and rapid nanopayments". in their advertising earlier this year Satoshipay described itself as a 'fast growing start-up'. And they have offered 50 free stellar units to its first million customers via phased 'airdrops' into new accounts. They have adopted the Stellar platform, which itself claims to be the cheapest and best around However when/whether Satoshipay will have a million customers is one point I'm sure people on here will care to speculate on. The initial drop (from memory, happy to correct) was for about 37,500 euros. Stellar has enjoyed a rollercoaster ride hitting a high in January of around 0.9 dollars before a fall to about 0.2, and recently has bounced back to 0.36. Satoshipay say they have developed a mechanism to reduce, or even nullify, the impact of such fluctuations The 31% Satoshipay investment holding value is in the BLU accounts at 1.67 million, BLU has 1.881 billion shares in issue. At 0.25p share price the market cap would be around 4.7 million. Assets as of results were around 3.5 million. However these investments are highly illiquid and difficult to estimate real value for were they to raise cash and it seems that the Disruptive stake will depend on what they can raise when selling their five holdings - not really in BLU's control. As I said it could be higher, or the opposite! Since year end the company raised 500k for funds at 0.28p. So if we take running costs (loss) of 180k from last year as an indicator, they should have around 3.9 million of assets at the time of writing, including I'd guess 350-400k of cash. They also say "It will be necessary to raise additional funds in the future by a further issue of New Ordinary shares, or by other means". That probably means a further placing at some stage, but when is open to speculation imho, As to whether this all represents an investment opportunity is of course at the behest of each of us.. I hope you enjoy using this new thread
01/2/2018
22:18
doodlebug4: My niece is a Doctor of Psychology. Two Lithium tablets and lie in a dark room 3rd eye. Life goes on whatever the BLU share price is tomorrow.
20/12/2017
18:02
doodlebug4: The rise in the BLU share price is due to the investment in SatoshiPay - end of.
07/12/2017
21:50
myro117: Telegraph article: Blue Star update on SatoshiPay Source: SMW Blue Star Capital's 31%-held SatoshiPay has agreed to partner with the Stellar Development Foundation as the underlying cryptocurrency ledger for SatoshiPay's settlement system. In an update, Blue Sta said: 'Since its 2015 initial product launch SatoshiPay has relied on the Bitcoin network to settle nanopayments. 'Initially Bitcoin transaction fees were negligible, however, as previously announced, due to Bitcoin's rising popularity in 2017, combined with stalling scalability improvements, it became clear that Bitcoin's original vision of a peer to peer electronic cash system was no longer viable for everyday transactions. 'To sustain and enhance SatoshiPay's business model based on frequent low-value payments, SatoshiPay has been exploring alternatives to replace Bitcoin with a more suitable distributed ledger technology. 'During the process of designing the software architecture for a switch to a new ledger technology, it became evident that hardwiring a new cryptocurrency to SatoshiPay's updated system was potentially inefficient and instead they started abstracting all cryptocurrency ledger operations - like wallet creation - into a layer between SatoshiPay's business logic and the underlying ledger. 'Using this layered approach, the switch from one default ledger to another would become relatively easy and SatoshiPay would no longer be locked into a specific ledger or blockchain. 'This multiple ledger approach should ultimately allow SatoshiPay to use different ledgers depending on the requirements of corporate clients or industry verticals of its nanopayment settlement platform. 'Having carried out extensive testing on alternative ledgers SatoshiPay has concluded that Stellar is the preferred default ledger. 'Stellar was founded in 2014 and is headquartered in San Francisco. 'Stellar received initial funding through credit card payment processor Stripe and IBM has recently announced that its using Stellar in their blockchain banking platform. Stellar's cryptocurrency Lumen has a current market capitalisation of approximately €423 million.' Blue Star said SatoshiPay's decision to chose Stellar was based on its extremely low fees (currently 0.00003 cents per operation) and fast settlement (approximately 5 seconds to confirmation) allowing SatoshiPay to settle all transactions in real-time and directly on the distributed ledger. It said that this should mean that in the future, publishers using the SatoshiPay network would receive funds within seconds after a consumer pays for content. Blue Star chief executive Tony Fabrizi said: 'SatoshiPay's business model continues to evolve and the upcoming launch of the new ledger technology through Stellar is further evidence of the company's ability to evolve in a fast changing environment and to attract strong partners. 'The ability to switch between different ledgers depending upon the requirements should provide significant benefits and allow SatoshiPay the widest possible flexibility to meet customer requirements.' At 8:06am: (LON:BLU) Blue Star Capital PLC share price was +0.1p at 0.44p
08/11/2017
22:05
cyberbub: Looks very similar to the BLU share price... although they're only very loosely related.
06/10/2017
22:57
doodlebug4: Lol. I hardly think whether or not I'm thick is going to have any bearing whatsoever on the BLU share price.
22/9/2017
08:50
3rd eye: Blue Star Capital plc (LON:BLU), the investing company with a focus on technology and its applications within media and gaming, announces an update following its announcement on 2 March 2017 regarding its further investment in SatoshiPay (“Investment”) and issue of 268,213,880 new ordinary shares of Blue Star to FastFoward as consideration for the Investment (the “Announcement”). At the time of entering into the SPA regarding the Investment, as a result of the Consideration Shares to be issued to FastForward comprising approximately 21.7 percent. of the issued share capital of the Company, the Directors of Blue Star Capital Plc considered that it was in the best interests of shareholders for the Consideration Shares to be subject to a staged lock-in agreement over a period of 9 months (“lock-in arrangements”). Following the Announcement and completion of the Investment, the Directors believe that the lock-in arrangements may have led to the share price of Blue Star under-performing compared to the Director’s expectations whilst shareholders and potential new investors wait for each lock-in period to end. Taking this into account and the strong interest in the Company’s placing of new ordinary shares in January 2017, the Directors have agreed that, subject to the broker finalising arrangements to place out the existing Consideration Shares to a variety of investors on terms that the Directors consider are acceptable, the lock-in arrangements may be terminated. The Directors believe that this will be in the best interests of shareholders.
21/7/2017
13:44
edpick: Comedy, why are you making a big deal out of these warrants? The share price has got to hit those levels and then Coinsilium can choose to exercise or not? They're irrelevant at the moment? Was just thinking about the future value of Satoshipay. Let's say an average transaction they undertake is 20p, with Satoshipay taking 2p of that. Let's also say (generously) that they operate on a net profit margin of 50%, so 1p profit on average for every transaction. Based on the current share price of BLU, gives Satoshipay a market cap of roughly £30m. Let's say (generously) that the market values Satoshipay in the future on a PE of 15. So to justify the market cap of £30m, Satoshipay would need to make £1.5m profit. So achieve this, they would need to process 150m transactions. Of course all of this is total pie in the sky at present. Just making the point that, in my eyes, to justify the current BLU share price, Satoshipay should be processing 150m transactions per year. Can someone tell me how many they are processing please? Or what they are projecting going forward? Or is it just a "concept" at the moment?
19/7/2017
14:02
edpick: Net assets of Blue Star as at 09/2016 were stated at £1,757,165. Of which around £150,000 was in investments other than Satoshipay. Blue Star have agreed to buy 12% of Satoshipay off Coinsilium for 725k euros. This values the whole of Satoshipay at 6m euros. Blue Star will own 31% of Satoshipay following the 0.2p placing, so their investment in Satoshipay after this will be worth 1.86m euros. Plus the £150k I'm Blue Star's other investments gives net assets of no more than £2m. At a share price of 0.43p this gives Blue Star a market cap of £7.2m following the placing. So we can see this investors are paying a huge premium at current prices. The share price should find its level somewhere around 0.12p, which would reflect the recent valuation of Satoshipay. Something very amiss for the share price to reach such high levels at the moment. Those in the placing are more than doubling their money at present. Who are they profiting from?
15/7/2017
19:03
comedy: Q&A with Anthony Fabrizi Chief Executive Officer at Blue Star Capital PLC (LON:BLU) Blue Star Capital PLC (LON:BLU) Chief Executive Officer Anthony Fabrizi caught up with DirectorsTalk for an exclusive interview to discuss their re-investment in SatoshiPay Q1: Now Tony, you’ve announced this morning that FastForward no longer have an interest in the ordinary shares of the company, can you share your thoughts with us regarding the reason for the FastForward stake change? A1: Yes, as you will be aware, some weeks ago Blue Star issued shares in its self to acquire another 10% of SatoshiPay and FastForward bought those shares, or took those shares for their stake and we arranged at that time a lock-in period of 9 months and an orderly dispose of those shares every quarter. Our view, as a Board, was that the arrangement in place while we felt they were in the best interest at the time actually led to a slightly depressed share price and from the levels we expected, post the SatoshiPay announcement. So, I think it was in our interest and our shareholders interest to try and place that stock out earlier rather than leave that 9-month period of overhang and I’m delighted to say that was all completed yesterday and we now have a number of new shareholders and FastForward no longer had a shareholding in Blue Star Capital. Q2: Are there any plans for Blue Star capital to buy more shares in SatoshiPay? A2: Well, we have 3 investments and SatoshiPay, now in terms of value, is nearly our largest so our shareholding in DTL is still larger in value. We’ve bought into SatoshiPay over the last 3 months so obviously, you can gather from that that we like the stock and we like the story. We’re a small company, as you know, so there is a limit on how much we can buy and I think having bought 20% in a relatively short period of time we’d like now to see some progress in the company before we increase our stake further, that’d be wise. Longer term, we believe that SatoshiPay has extremely good potential and certainly, at a later date, we certainly might be interested in buying more. Q3: Talking of progress, how are SatoshiPay doing? Can you update us there? A3: Yes, I speak to the management on a very regular basis. They are making good progress, the key development that we’re waiting for is for an ability to take credit cards and PayPal onto clients of SatoshiPay so they can actually use those payment methods rather than having to use bitcoins. Obviously, bitcoins are still not widely used, a lot of people obviously are concerned about using such instruments and also their value’s very high so it does limit the market. Once you get down to being able to deposit £10 through your credit card or your PayPal account, the market is completely different and I think that’s a major development for the company. So, we’re waiting for that, that’s been progressing very well over the last 6 months, they did a trial with Visa Collab which went very well so we’re very hopeful we’re have some news on that and I think that will be a game-changer for the company
Blue Star Capital share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20180426 07:52:53