The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@dukee
Nabla is the ONLY chance they have left now.
we all had big hopes for PEN, it may come good with time, it certainly has not been a success in the short term.
the FX market was always the game changer, i just hope they have done a little work on gaining traction quickly.
Nabla must succeed.
Well, all this discussion seems to be generating interest in the stock.
there has to be news in next month or so , as @londonNE , whom i suspect is nico ;) , alludes to.
whatever news arises, it can only be positive, news will most definitely provide a little certainty.
in next few months, we will know;
indicative price for Satoshipay (for LTH's that will be a sight to behold)
Dynasty plans for IPO.
when it moves, it moves quickly, as we say in the south, don't be loight !!
@slug, what are your calculations on sum of parts;
@londonNE figures looked there or thereabouts but could have some upside given FX side of things.
i've posted my thoughts on sum of[parts so many times, it was getting too repetititve.
I believe PEN will rise by many more multiples than BLU.
BLU anywhere between 0.4 and 0.6 , take it and run, some may hold on to see what happens in FX market and fair play to them, i have no problem with what they are attempting to achieve its the time its taken.
same with Dynasty really but Dynasty is far more clear cut IMHO as it has a customer base and revenues AND GROWING.
will be interesting to see what happens when Nabla launches, lets hope its not a damp squib like PEN was, BLU shareholders are due some decent news,
i for one hope that proves to be Nabla, after all , this is the big one, the FX market. lets see.
companies like GST trebled in 4 weeks on significant news, BLU did the same over a period of a couple of months back in Dec-Jan '22. HIstory repeats... basis of all stock market activity. :)
best
blu
It will take a lot more than chump change to fix the car crash that has been Blue Star.
1... Dynasty IPO
2... Satoshipay valuation / sale
the above are the only 2 events that will move the price, the longer they wait the more inclined they are to failure.
to my mind
0.3 at worst, i really hope this is not the sum of the parts.
i'd take 0.5 now after the Years of disappointment just to be able to put the funds to work elsewhere.
Dont think its anyones focus now Slug, all that matters in the next 2 months is that we get a partial or full sale of Satoshipay.
to my mind Satoshipay remain profitable, as they have been for past couple of years, anyone in doubt ask TF.
Satoshipay valuation/ sale nails the BLU price, then in (hopefully) short order, we get news of Dynasty IPO/SALE / takeover by Microsoft ; ) etc...
lets hope TF has everything ready to go, we don't really want anything else, delays or otherwise, adding to the 2023 sh5tfest...
@london
most interesting, thanks for sharing.
more to the googly than meets the eye, if you'll pardon the pun. cricket is a "religion" in india, thus if you cant make cabbage out of betting or gaming out there, then business is not your thing.
interesting to see corporate structure taking form anyway.
i'd still like Dynasty to offer terms of IPO in H2 '23, we then get valuations of both investees, such that market can make its own assessment, we then finish multiples higher than this ridiculous situation we BLU shareholders find ourselves in , AGAIN !!!
an absolutge sh5tfest of a Year after what promised so much, thus far !
Time for scameron to get this moving.
if he finds an excuse to kick the can from here then you will never see this relisted.
No LTH is happy with how this looks like turning out.
two things we should not forget
1...TF is not salaried, he came back to see the job finished after the disaster that was Del boy Lew, so fair play to him.
2.. BLU has enough cash and non core assets to see Spay sold and Dynasty to IPO etc.
its an asset play now, nothing more , nothing less .
anyone thinking Spay is still going to be a unicorn or a major player, should check themselves into rehab without delay.
shareholders should consider ourselves lucky if we get 0.2 for Spay = £10m as they have flattered to deceive every year of BLU investment.
so to Dynasty , this is where the market will move on the news we are ONCE AGAIN expecting from Dynasty.
will they IPO , will they sell , i dont give a rats a$$, as long as they do one or the other this Year.
approx 0.6 was the distribution phase for Blue Star back in Jan 22, with hindsight, LTH should have been out then.
ill be very happy to get 0.5, happy to get 0.4, disappointed but relieved to get 0.3.
its been a total sh5t show, the investment game sometimes leads down these roads, BLU had a lot of promise , delays and failure to launch (IPO) were the roadblocks.
@london
crypto (crypto related) valuations are highly subjective.
who would have suggested Bitcon would be "worth" $60,000, the emarket said it was, who are you or i to argue
same with satoshipay, if a company sees value in a buoyant market, they will pay for it, not sure the revenue matters at this stage, its about the IP.... the AMM , FX market angles ... would a financial institution purchase it all, to save reinventing the wheel in house?
Satoshipay have never covered themselves in glory, rather the opposite.... theyve covered themselves in sh5t.
they've achieved nothing yet, spent and raised a lot., however that's not to say that they cant achieve something and that some company will not pay for it.
its as though someone at Satoshipay thinks of a project and decide yes that will work, then they do the geekery and attempt to commercialise / monetise it only to find there is no demand.
if they've misjudged the FX market, then i think Satoshipay/Pendulum are done!!!
there is definitely value in Dynasty, would be good to know just how much they are "crushing it" in India.
DYnasty could/should be worth many multiples as they are selling into a massively expanding market and have the right product to do so, would be interesting to get metrics to ascertain how they are growing to give a relevant idea of multiple expected for IPO.
i don't see why TF wouldn't sell 50% Spay for £3.5m, currently carrying the whole holding at £4.9m. we have got the usual vagueness "the board believes the value of satoshiopay may have increased significantly" however TF's version of significantly may well differ from shareholders hopes for what significantly means... sadly its not likely to be multiples of...... we go back to pre pandemic days of Satoshipay being described as a sh%tfest, sadly it has proven so !!
an extremely poor return for a decade investment, on the plus side at least it will provide a return.
a few months to see what transpires.