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KUL Kuala Innov

8.25
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Kuala Innov Investors - KUL

Kuala Innov Investors - KUL

Share Name Share Symbol Market Stock Type
Kuala Innov KUL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.25 8.25
more quote information »

Top Investor Posts

Top Posts
Posted at 22/11/2015 09:54 by keya5000
Jim Mellon is the headline speaker at this event next week.



He will be doing a session on Blockchain etc.

I do not understand Bitcoin, blockchain technology and the like. I leave that to smarter folks like Dominic Frisby who will be presenting on it at Gold & Bears and my good friend Jim Mellon who will – I’m sure – mention it in his G&B talk. This could all be the next phooey hype but it could be big so I’m getting a small exposure via Coinsilium – a two year old blockchain investor listing on ISDX later this month. I’m backing Jim’s judgement on this one.

As I understand it, blockchain is a system that allows people that don't trust each other to trust each other. Well that sounds like it’s aimed at miserable gits like me. Coinsilium was set up to invest in Blockchain and Bitcoin companies and start-ups. Plus it generates revenues through corporate advisory and CPD accredited training. Over the past two years they've privately raised £3.3m. Most of that cash has come from HNWIs notably Jim’s business partner Steve Dattels.

Now it is raising up to £1.5 million at 10p ahead of an ISDX IPO. It is topping up via a crowdfund on Seedrs. It shows £750,000 committed but I understand that with the HNWIs it is already well past £1 million so the crowd fund element is just a top up. If you want to have a punt you can invest HERE

The key people from Coinsilium are Eddy Travia and Hakim Mamoni - who are apparently very well connected go-to people in the space. Cameron Parry Exec Chairman (and CEO of Metal Tiger) is the deal structurer and dealmaker and there to ensure that all PLC rules are adhered to.

This is the only serious way for private investors to get pure exposure to this hot sector – there aren’t any other publically traded entities with this sort of investment portfolio. Nearly all activity is VC’s out of Silicon Valley. Coinsilium right now has 11 investee companies including two companies (Factom and SatoshiPay) in which Kuala Innovations (Mellon and Dattels again) have invested in

Coinsilium was the lead investors in the case of SatoshiPay and Factom, that means it introduced these two deals to Kuala/Mellon/Dattels. Kuala is part of Coinsilium’s co investor network. It has other co-investors as well - that means when it does deals it doesn’t always have to use its own funds (or all of its own funds) for investments and it can thus gain other benefits from introductions. This could be warrants, free shares or just corporate advisory fees or a combination of all of the above.

Factom (Kuala holds 3.5% as will Coinsilium post IPO) is already one of the biggest plays in the blockchain space. This is a potential “Unicorn” as they say or it could all be hot air – what do I know? But here is what the Economist has to say about Factom

SatoshiPay is a NanoPayments platform - using small units of bitcoin for publishers/content providers/websites to monetise online content - means it becomes economically efficient to pay as you go for content (10p or less) - no need for credit cards/direct debits or monthly subscriptions to newspapers. Publishers are very keen to look for alternatives to current advertising model as revenues are slipping from increasing mobile device usage. – pay to skip adverts and avoid banners

SatoshiPay’s biggest Shareholders are European media giant Axel Springer with 3.7%, Kuala Innovations 10% and Coinsilium 14.5% (post listing)

As an aside education was massive in the dotcom boom and it will be in this space as too many people just don’t get it and they will need to or fall behind like loads of people did with the internet. Coinsilium has an education and training division and has just announced a one day CPD accredited course on Blockchain Technology and indeed run its first course. Income from education and training, plus the corporate and technical advisory, is expected to cover PLC costs meaning that more of the cash we loyal followers put into the IPO is invested in new positions.

The truth is that I do not understand this space at all but I want a small exposure as it might be big. I am happy to back the judgement of the Jim Mellon crew as they seem to understand it and at 10p per share and a market cap of £6m, given the trends in NAV in recent years I can live with that.

- See more at:
Posted at 22/11/2015 09:20 by keya5000
Would not be surprised if we are involved directly in this IPO. We have similar sized stakes in two of the companies coinsilium will have invested in and the timing of our fund raising may well link on with their further investments into the companies below.

Interesting the IPO valuation of coinsilium is £6m, if you consider we have likely the cash to hold more than they have plus our none payment/Blockchain investments, add this to the AIM listing rather than ISDX and direct involvement by Mellon/Dattels this looks very cheap at sub £4m mcap.

------


Coinsilium will use its IP proceeds which have in the majority been raised to bring there investments in Satoshipay & factom to the levels Kuala currently hold, factom is looking to seek further cash (see coinsilium IPO prospectus so I expect some of the c £1m+ we have recently raised (guessing the second placing is similar to the first) will be in factom/Satoshipay.

If that's the case we will have much larger stakes than coinsilium. We should after the fund raising and next investment be valued well above£6m.

-------
Coinsilium

Use of proceeds

Why are we raising funds?

We want to make further investments in the following Blockchain companies within our existing portfolio:
- Factom
- Fuzo
- Magnr
- Neuroware
- Rivetz
- SatoshiPay

We want working capital to help fund the growth of Coinsilium’s corporate advisory services and accelerator program which Coinsilium believes is essential to helping our investee companies achieve their milestones and gain meaningful traction and attract further funding for development.
Chairman's Statement: Revised Shares Structure and New Pre-Money Valuation
20 November 2015
Monday, 16th November 2015

"As part of Coinsilium's book building process, an investor has committed to subscribe for £250,000 in the IPO subject to a revised pre-listing valuation being circa £6m for the IPO. All funds are helpful to the book build but there is also a strategic reason for accommodating this as the Company is working with this overseas investor on a future opportunity to build a blockchain-based clearing platform for a consortium of local financial institutions to use for their inter-company and in-country transactional dealings.

This restructuring sees the IPO share offer price revised to 10p per share and shall apply to all investors in the IPO."
Posted at 08/11/2015 11:59 by doodlebug4
Good post keya. I agree that focussing on the US is an important factor. Investors in the US are very often technical entrepreneurs who have built successful companies, and they are not so risk averse as investors in Europe. I read an interesting statistic a few days ago by CB insights which stated that more than 60% of today's biggest privately held start-ups are based in the US, with 23% in Asia and 13% in Europe.

As you say, Jim Mellon probably has the next acquisition in his sights and he's far too astute to be trying to raise millions at this point while the company is in the early stages of its development.
Posted at 06/11/2015 18:25 by keya5000
You called a placing all day Tuesday and ramped this all Wednesday. Now on Friday you are warning folk away. Can't see how you can post like below and then within a day turn 180 degrees!

TOP Traders Thread !!!! - CR
tobytime73 - 03 Nov 2015 - 12:17:57 - 541045 of 541489

Why i think KUL should be trading at 20p-25p+ or a £8-10m market cap

I think you many be pleasantly surprised with whats to come here.

I would personally aim for the stars here with both investments gurus Stephen Dattels and Jim Mellon on board.

Stephan Dattels took Uramin inc from a minow to a $2.5b company

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources
Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Then you have serial entrepreneur Jim Mellon who needs no introduction. He is described as being uk's Warren Buffett

Together they own 40% of the company and have invested directly via their investment vehicles.

Their aspirations are very high here and there is absolute no way either of them are here for a mere £3m market cap.

I have seen cash shells with low calibre directors and little or no assets with a market cap of up to £50m. Not saying the same will happen here but i can see a market cap of £20m in the near future being very duable as investors cotton on to who is behind KUALA and what their vision is.

Neither Stephen nor Jim will be aiming small here. Having spoken to Jim Mellon on twitter he seems very upbeat on the future here and excited at the same time.

Last of all the free float is very small here and will only get smaller as this captures the wider audience of investors. Just be glad that you are able to buy before this really takes off.
I have no target here as these guys could quite literally be aiming for a £100m+ company. However i do think this should be trading around 25p NOW ( £10m market cap) based solely on investments to date and the presence of Gurus Stephen Dattles and Jim Mellon.

Investors buy potential and good management both of which are glazed in gold here.

Cash shells like this don't get any better imho
Posted at 03/11/2015 12:17 by tobytime73
Why i think this should be trading at 20p-25p+ or a £8-10m market cap

I think many will be pleasantly surprised with whats to come here.

I would personally aim for the stars here with both investments gurus Stephen Dattels and Jim Mellon on board.

Stephan Dattels took Uramin inc from a minow to a $2.5b company

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources
Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Then you have serial entrepreneur Jim Mellon who needs no introduction. He is described as being uk's Warren Buffett

Together they own 40% of the company and have invested directly via their investment vehicles.

Their aspirations are very high here and there is absolute no way either of them are here for a mere £3m market cap.

I have seen cash shells with low calibre directors and little or no assets with a market cap of up to £50m. Not saying the same will happen here but i can see a market cap of £20m in the near future being very duable as investors cotton on to who is behind KUALA and what their vision is.

Neither Stephen nor Jim will be aiming small here. Having spoken to Jim Mellon on twitter he seems very upbeat on the future here and excited at the same time.

Last of all the free float is very small here and will only get smaller as this captures the wider audience of investors. Just be glad that you are able to buy before this really takes off.
I have no target here as these guys could quite literally be aiming for a £100m+ company. However i do think this should be trading around 25p NOW ( £10m market cap) based solely on investments to date and the presence of Gurus Stephen Dattles and Jim Mellon.

Investors buy potential and good management both of which are glazed in gold here.

Cash shells like this don't get any better imho

And just for added reaasurance below is the tweet from Jim Mellon stating that the SKY is the limit at KUL!!


The sky is the limit --------------

"Oct 28
peter ‏@Shareresearcher
@jimmhk Hi Jim. What are your aspirations with Kuala? Surely you and stephen dont intend on keeping it a £3m cap company? £50m+?

jim mellon – ‏@jimmhk

@Shareresearcher yes. Sky is limit if we are successful
2:47 AM - 31 Oct 2015"
Posted at 18/10/2015 11:16 by tobytime73
Why i think this should be trading at 20p-25p+ or a £8-10m market cap

I think you many be pleasantly surprised with whats to come here.

I would personally aim for the stars here with both investments gurus Stephen Dattels and Jim Mellon on board.

Stephan Dattels took Uramin inc from a minow to a $2.5b company

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources
Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Then you have serial entrepreneur Jim Mellon who needs no introduction. He is described as being uk's Warren Buffett

Together they own 40% of the company and have invested directly via their investment vehicles.

Their aspirations are very high here and there is absolute no way either of them are here for a mere £3m market cap.

I have seen cash shells with low calibre directors and little or no assets with a market cap of up to £50m. Not saying the same will happen here but i can see a market cap of £20m in the near future being very duable as investors cotton on to who is behind KUALA and what their vision is.

Neither Stephen nor Jim will be aiming small here. Having spoken to Jim Mellon on twitter he seems very upbeat on the future here and excited at the same time.

Last of all the free float is very small here and will only get smaller as this captures the wider audience of investors. Just be glad that you are able to buy before this really takes off.
I have no target here as these guys could quite literally be aiming for a £100m+ company. However i do think this should be trading around 25p NOW ( £10m market cap) based solely on investments to date and the presence of Gurus Stephen Dattles and Jim Mellon.

Investors buy potential and good management both of which are glazed in gold here.

Cash shells like this don't get any better imho
Posted at 16/10/2015 14:42 by tobytime73
Why i think this should be trading at 20p-25+ or £8-10m market cap

I think you maNy be pleasantly surprised with whats to come here.

I would personally aim for the stars here with both investments gurus Stephen Dattels and Jim Mellon on board.

Stephan Dattels took Uramin inc from a minow to a $2.5b company

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources
Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Then you have serial entrepreneur Jim Mellon who needs no introduction. He is described as being uk's Warren Buffett

Together they own 40% of the company and have invested directly via their investment vehicles.

Their aspirations are very high here and there is absolute no way either of them are here for a mere £2m market cap.

I have seen cash shells with low calibre directors and little or no assets with a market cap of up to £50m. Not saying the same will happen here but i can see a market cap of £20m in the near future being very duable as investors cotton on to who is behind KUALA and what their vision is.

Neither Stephen nor Jim will be aiming low here. Having spoken to Jim Mellon on twitter he seems very upbeat on the future here and excited at the same time.

Last of all the free float is very small here and will only get smaller as this captures the wider audience of investors. Just be glad that you are able to buy before this really takes off. I took another 400k today and trust me i could only get quotes after someone had sold. prior to that the limit was stuck at 7p for a measly 1k of shares for nearly an hour.

I have no target here as these guys could quite literally be aiming for a £100m+ company. However i do think this should be trading around 20p NOW ( £8m market cap) based solely on investments to date and the presence of Gurus Stephen Dattles and Jim Mellon.

Investors buy potential and good management both of which are glazed in gold here.

Cash shells like this don't get any better imho
Posted at 15/10/2015 21:50 by tobytime73
Doodle i think you may be pleasantly surprised with whats to come here.

I would personally aim a lot higher then a 9p gap on the chart.

Stephan Dattels took Uramin inc from a minow to a $2.5b company

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources
Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Then you have serial entrepreneur Jim Mellon who needs no introduction. He is described as being uk's Warren Buffett

Together they own 40% of the company and have invested directly via their investment vehicles.

Their aspirations are very high here and there is absolute no way either of them are here for a mere £2m market cap.

I have seen cash shells with low calibre directors and little or no assets with a market cap of up to £50m. Not saying the same will happen here but i can see a market cap of £20m in the near future being very duable as investors cotton on to who is behind KUALA and what their vision is.

Neither Stephen nor Jim will be aiming low here. Having spoken to Jim Mellon on twitter he seems very upbeat on the future here and excited at the same time.

Last of all the free float is very small here and will only get smaller as this captures the wider audience of investors. Just be glad that you are able to buy before this really takes off. I took another 400k today and trust me i could only get quotes after someone had sold. prior to that the limit was stuck at 7p for a measly 1k of shares for nearly an hour.

I have no target here as these guys could quite literally be aiming for a £100m+ company. However i do think this should be trading around 20p NOW ( £8m market cap) based solely on investments to date and the presence of Gurus Stephen Dattles and Jim Mellon.

Investors buy potential and good management both of which are glazed in gold here.

Cash shells like this don't get any better imho
Posted at 14/10/2015 21:03 by hedgehog 100
"SEPTEMBER 6, 2015 | FACTOM: HONESTY AND SECURITY FOR ALL FORMS OF RECORD KEEPING

Factom: Honesty And Security For All Forms Of Record Keeping

Before I begin, I am not paid by Factom nor has Factom, or anyone for that matter, asked me to write this article, so what you get here is my interpretation of the business with my opinion. That being said, I do endorse the use of this service and will explain why it is valuable for the world in general, as well as specifically for investors. Factom is, in their words, ‘a scalable data layer for the blockchain’ which basically means it is a method for securely storing data on the blockchain that can work on the global scale. The problem Factom solves is that with current blocksize limits of 1MB we cannot store the amounts of data that demand would require. This is solved by creating the Factom layer on top of the blockchain which, without getting into too technical of details (since I don’t understand them), allows storage space for however much data needs to be stored.

What’s interesting about Factom, is that they are entirely open source and decentralized. The project has no single point of failure because it is powered by the Bitcoin blockchain which is powered by thousands of computers all over the globe. To destroy the project, you would have to destroy the internet. Therefore, no matter how disruptive this project becomes, nobody can stop it just like Bitcoin. The code is open source, so anyone can use it to create their own version of Factom or try to improve upon it. Now as an investor, I instantly began wondering, how can Factom be decentralized and still profit like a business? Their approach to receiving compensation for their work is by creating an alt coin called Factoids which are used to by entry credits to the Factom data layer. For any entrepeneurs or business owners seeking more information on how to monetize decentralized businesses, I encourage you to check out this white paper written by David Johnston about Decentralized Applications (Dapps).

These factoids were entirely premined by the company and are being sold in crowd sales events in order to retain earnings for the work done on the project. Now some of the profits from the crowd sales, as I understand it, go to a separate non-profit fund used to pay future developers doing work on the software. This is fascinating to me because, and I’m sure it’s been done before by other businesses, they found a way to monetize a decentralized business that will run itself.

So, why does Factom matter to people? Think about issues we’ve seen in the banking sector where companies “cook the books,” or i.e. they fudge some numbers on the accounting books and individuals take those profits for themselves. Think about government spending and how often scandles arise where some government official spends tax payer dollars on personal expenses. Time and time again, we see these types of occurences and Factom provides a transparent way of solving this fraud and corruption. Company and government audits are suppose to be public information, so recording all the public data on the public ledger, the blockchain, economically forces people to remain honest in these sectors. There is also a way to store auditable data on the blockchain via Factom that remains secure and private, so that sensitive data can be made auditable, but kept private to those who should see the data. This is all done without a trusted third part as well, the Factom team cannot access your private data, hackers can’t, nobody can unless they have the private keys.

From the investor perspective, this is great because any contractual agreements you make with a company or person, the records can be stored immutably and privately on the blockchain so that if any legal dispute were to arise, you have hard evidence for what agreements were signed and at what date. For that reason, I will be using Factom as a service in the future. Now, Factom as an investment opportunity, you may be too late. Factom had a pitch on the crowd funding website, BnkToTheFuture.com, where they had hoped to raise a minimum of $700,000 USD and up to $1,000,000 USD. However, rather impressively, they raised $1,118,959 USD for 7.8% equity in the company. Congratulations to Factom on this acheivement and best of luck going forward. I will be following the project as it progresses and will gladly post press releases on this website.

For more information check out:

www.Factom.org"
Posted at 07/10/2015 17:52 by hedgehog 100
Mike,

If KUL do invest in MED it will clearly be their first investment in a listed company.

KUL is currently a superb way to gain exposure to pre-IPO situations that retails investors are usually excluded from.

And all of its investments have the potential to come to market in the near-term, at higher valuations, and then to grow rapidly from there.

Indeed I believe that if KUL's portfolio fulfils its promise, then KUL could ten to twenty bag over the next two to three years, i.e. to £1 per share.

So an investor with a nice holding here could therefore potentially make a portfolio-transforming amount of money.

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