We would love to hear your thoughts about our site and services, please take our survey here.
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.
IT'S GOING TO GET A LOT WORSE
Summers I think you are right. Blu results were terrible and now it is just a gamble on the two main holdings. The other investments were a disaster and the mkt is worried things will go wrong again. Dropping again today.
It’s all starting to heat up nicely here.
The share price will inevitably catch up.
Getting closer and closer to valuation here.
Thanks
https://medium.com/pendulum-chain/pen-token-transfer-event-tte-39394cee9647
No need to get the hump . I'm not a de ramper I just think it will fall back and test 0.14 . I've been in and out here for ages . I'm aware it can move fast but I just think it will be a tough few weeks here . Atb
Yes I think it will drop further over the coming weeks and test 0.14 . Good luck with your strategy;)
'Should be plenty of upside later this year'
Should be plenty of upside this coming monday(13th) i would of thought
Just to clarify, you think you will get a chance to buy in at 0.14 after yesterday's results? You do realise the SP has already dropped by 30% approx since they were announced? You're dreaming & deramping IMHO, if that's what you meant.... Do the research on this and don't be surprised when it suddenly pings up to 0.25 again with a day of momentum
Buy in price 0.14 after the results . Should be plenty of upside later this year . Good luck with the trades/nvestments.
Just for info - Pendulum recently requested HRMP channel opening with Statemint (Statemint is a generic assets parachain which provides functionality for deploying and transferring assets)
As Polkadot is decentralised the request has to be voted and staked on - its 99.9% yes vote so far with two days to go. This is t a biggie and was never really in any doubt but it is another milestone going forward as it facilitates transferring non-native tokens
https://polkadot.polkassembly.io/referendum/106
@ragnarr
many thanks
Just some info on MEXC exchange for those here that may be looking to buy Pendulum coins
https://www.marketplacefairness.org/cryptocurrency/mexc-review/
Just about to message about this.
Estimated trading start is 13th March.
Plenty going on this month.
Like I said yesterday, people only sold out yesterday because they're clueless about what they invested in.
I see the price moving north of here by quite a bit come end of month.
Good luck all
https://twitter.com/pendulum_chain/status/1633389557503672322?s=46&t=cHWY5kCgg_wpHKZRRegV_g
@404x
this has been answered many times, however, purely from the fact they ARE profitable, it is implied they have revenue and of course it is dtransfer, that the PEN token facilitates, that will make very substantial revenue.
my opinion has not changed from yesterday or from many years ago for that matter, , we need valuations... Satoshipay last valuation is 2019, ridiculous ... we now have 4 years without a valuation.. this needs to be done ASAP
we need to find a way to get out of Dynasty , it would seem they are happy with the status quo, having flattered to deceive in Q4 2021, with regards IPO or sale, we now have an illiquid investment, with little way of monetisation unless TF can find a buyer for the stake, or indeed Dynasty deem it necessary to apprise, their long term supporter and investor, Blue Star Capital, of their plans with regards sale or IPO or capital raise, any of which would help with a valuation.
enough is enough, lets get it done !!
Thanks DaveTK. I had not seen that tweet. So March is the big month then.
From the RNS: “ SatoshiPay achieved profitability in the year ended 31 December 2021 and is expected to continue to be profitable in 2022.”
Aside from the altcoin project, does SatoshiPay have any actual revenue currently?
All of the events listed in the Roadmap are to happen in March?
This selling and the drop is people not having a clue what they’ve invested in. Simple road map here tells you that Pendulum is going to have a mad March.
https://twitter.com/polkadotinsider/status/1632026265237561344?s=46&t=AZ0ZYcMCZUEMZ0mbPxMC3w
And for god sake… come on Dynasty, give us something!!
To our share price and allowed to occur in this void of news. Whilst I get that a valuation is needed to change net assets, how about some overview of dynasty, its growth rate over last year, size of revenue and cashflow impacts , forecast future growth. Some disclosure on these elements alone could see our share price double. In relation to satoshi pay - it seems everyone is still working hard to avoid any possibility of a valuation. AMPE - no trading. Pen - no date for trading. As for dtransfer - well it may hold promise, in fact it might even be real deal unicorn stool, but ffs throw is a bone or two. A safe timeline we can understand for pendulum and some numbers for dynasty.
NtD
The only problem I can see is nick loading up at these lower prices and destroying the next rise lol
Agreed.It does say in the RNS that the Board feel it is important to attempt to ascertain some sort of valuation on Satoshipay (..of course it is..) and "There is no guarantee that this exercise will result in a whole or partial sale."
Some have been crying out for valuations this last few months.It will come and i believe it will far exceed the 2019 valuation (how could it not),as will that for Dynasty if it ever comes,current NAV partially based on April '21 's $50m figure (BLU = £5.6m..at that stage)
Huge progress made in both SP and Dynasty since these outdated valuations.
Look at the recent Pendulum record breaking crowdloan..£1.14m in 3 minutes !
Dynasty has signed 6 contracts,live in 3,and is "well positioned to achieve significant growth in 2023"..and check out the big players they are in talks with.
True value HAS to be MUCH higher than this.We all KNOW this,we're just waiting for it to be confirmed.
SP recovering too btw since this morning's drop.Managed to grab a few more under the .18,holding tight..expecting at least 200% from here.
I agree with Nightye1 when he said “ Think they are fishing for an up to date valuation more than wanting to sell I expect.”
Clearly as accounting rules only allow them to value based on :
“ Blue Star currently has a 27.9% interest in SatoshiPay's share capital, which is valued on the basis of the last external fund raise in 2019 at approximately GBP4.72 million. It has been the Board's view for some time that the valuation of SatoshiPay may have increased significantly since the last fund raise in 2019.”
BLU is being pro active in seeking to value it stake in Satoshipay. If BLU sold say 5% of its 27% holding to another investor that was considerable higher than the value implied by the fund raising in 2019, BLU could use that to revalue their remaining holding. As BLU have such a large holding they are probably best placed to let a new shareholder in and establish a current value for Satoshipay.
all shareholders will have a say hobsy.
a sale can not be undertaken without shareholder approval.
for the record, i didn't mean immediately, the valuation will take some time, which will give Satoshipay/pendulum/amber time to evolve. suspect we will know very quickly whether the PEN will gain traction and just how it will effect Dtransfer.
trust this clarifies.
atb
blu