London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Two weeks until end of Q3 2022, still to be ticked off on the Roadmap:
- Rococo Launch (public testnet)
- Uniswap-style AMM (testnet)
Still thinking December 2022 will be good for the share price, but looks as if Q1 2023 will be even better!
@gazzleberry
concurr !!
certainly some of the esports "investments" that DL got us involved in , need to be written off, googly et al ...
BLU has only a need to deliver on Satoshipay and Dynasty to get a decent return.... back to 0.6 or thereabouts..
if Pendulum becomes something special , as shareholders indeed hope, then much higher than 0.6
resolve HL debacle, get an investee update out to the market via RNS and we are someway to repairing matters.
a fair post @ragnaar
i'm happy mission accomplished , Lew is gone, he was a Leech who offered nothing for the fees BLU paid.
he's gone , great, end of, lets move forward.
TF being back is excellent, he can at least pick things up where lew left them, a couple of years ago.
he has the relationships already, he knows the finances , the costs the investees and more importantly he can sort out the HL rubbish and get a balanced RNS out to the market of Blue Stars current and future potential. Something Lew seemed either unwilling or incapable !!
await the update !!!
Paper loss only Pablo it will go up as will blu
Just back from the Maldives actually
Not sure why you still post here Bowlers.
I thought you'd retire to the Carribbean with your high rolling 7.5k profit you were boating about. And btw - have you actually lost money on Argo?? A share that almost 100 bagged, and you've managed to lose? Lol
AP - it's difficult to find anything concrete but appears that:
Formation and Drops have gone:
https://pitchbook.com/profiles/company/439460-20
https://pitchbook.com/profiles/company/432826-66#overview
Googly is mothballed, pending reinvention, with £78k in assets remaining (less than Blu paid for an 11% stake)
https://find-and-update.company-information.service.gov.uk/company/12229297/filing-history
DIBS social media was last updated 2.5 years ago, and their linked website is dead:
https://twitter.com/dibsesports?lang=en-GB
Equally little information or activity for Diemens.
I'm sure uncomfortable truths will be dismissed as 'trouble causing' but this is what happens when investors are rose tinted cheerleaders who don't like questions
Just ignore him ragmarr he is just a troublemaker most of us are very grateful for the excellent coverage and input you make on blu carry on the good work
I didn’t suggest you do anything and never would. I simply assumed that as you don’t believe Satoshipay or now the other investments will make any money here the logical decision would be to sell and move on to where you believe you will make some money.
Either way good luck.
Having read through the posts, out of the eleven investments in Formation, Leaf, Google, Diemens, NFT, ST Haler, DIBS, Drops, Dynasty, Satoshipay and Guild, there are actually five investments in the portfolio?
Do you misunderstand on purpose?
Suggesting someone should sell because they criticise SatoshiPays undeniable history of failure, is exactly the apologist, cheerleading behaviour I complain about here.
SatoshiPay have fantastic technical resources, capable of making cutting edge tech but without a business brain they constantly make worthless products. Evidenced by the past 6 years.
I'll stay invested, your permission is not needed, in the hope they stumble into something valuable. But if the opportunity is missed, it's because the largest shareholder sat back and waited for it to be different next time
Pablo - I cant disagree regarding the e-sports portfolio, Investments overseen one assumes by Derek Lew.
so I assume as you also think Satoshipay is all Jam as well you will now be selling up and moving on.
My response was pretty clear "I had completely missed how bad things have gone for Blu"
I genuinely thought all of the eSports investments were still active. Forgivable I guess, considering Blu still claim to have all 11.
Between eSports and NFT, Blu's portfolio had great potential. So many investments going to zero and not being acknowledged is appalling
Pablo - you still havnt answered my question, you have simply deflected away from it. You claim to be a shareholder because of the potential of other BLU investments, while continually posting the same repeated negative comments regarding Satoshipay, some of which have credence, but the repetitive nature of your posting naturally puts doubt into your claim. So please put me right and confirm what of the investments you do see ‘great potential’ in.
Ragnarr, you raise a good point, I had completely missed how bad things have gone for Blu.
The Blu website and the Half Year report in June still claim that Blu has 11 investments.
But taking a look at the eSports companies, most have folded. It looks like Blu's portfolio is closer to 5 than the 11 they claim:
https://bluestarcapital.co.uk/portfolio/
My parting gift to DL might be a complaint about the misrepresentation of the company. An out of date website is poor, but making the same false claim on a financial return is bordering on fraud
"Our current portfolio consists of 11 innovative, disruptive, global businesses "
Would be good to see Tony do a Vox Market podcast about his return to Blue Star.
He was always keen on doing them when he was in charge last time.
Always came across as knowledgeable about the investments.
See how he talks about the future and about the next couple of months.
Thanks
And can I just say that with the completion of Ethereums merge, they are still a long way from providing the scaled up services that they wish. Pendulum are in a great position to create services before many in the sector.
Big selling and big buying!!! Is Tony buying those shares !!!
Tony Fabrizi will hopefully over the next few days be in contact with investee companies to then provide an update on assets. Also with HL to sort out trading issues with that brokerage. Also looking at replacing directors. Lots of news to come I hope.
Slug - could I ask what you are expecting from Satoshipay in September ?
The only two items left for Q3 are Roccoco and AMM Testnets which are just part of the overall developments and not likely to provide any SP value just yet. Pendulum are actually extremely active with development updates via various social media but it is just not stuff that anyone here is taking notice off
Pablo - you never did answer my question as you stated you were invested for other investments potential - can I ask again:
Pablo - serious question apart from Dynasty which investments do you see as huge potential, and a brief rationale ?
Good riddance, DL performance has been disgraceful ..
Swerve I agree, just highlighting it would to me, seem likely Mr Lew is throwing the Towel in completely with Blue Star. He never got Satoshi Pay and unfortunately only used Blu as a vehicle to fund his gaming buddies ventures and attempt to line his and other directors pockets. With zero thought for the regular Joe share holder. Similar to most Aim directors in fact:)
Lol. I don't think they'll ever be transparent enough to disclose losses like that but when pendulum is live the transaction/usage will be public.
I'm guessing less than £100 per month revenue, for yet another piece of cutting edge tech that nobody wants, needs or uses.
Until the cheerleaders stop letting SatoshiPay get away with this, why would they stop? Nerds happily coding away, burning cash doing what they enjoy and travelling the world. Never delivering anything with any value and never being challenged? They've got the perfect job, why would they change anything?
reachforthestars - AFAIK - no as he held less than 3% of the company so no need to TR1.
Pablo - its different this time because we're promised jam tomorrow from Satoshipay!
"1% of the payment market means they will be bigger than paypal!"
"Unicorn!"
Cloud cuckoo land more like!
Now well past the half way mark in September and nothing from Satoshipay, now why doesn't that surprise me lol
We should run a sweepstake on how many millions their losses from this year will run in to. I'm claiming EUR 4M loss first lol
If TF sold his shares shouldn't this have been TR-1d a while back.