Member Info for blubutton

@bobson

do you mean it will add 1.4p to the NAV of 24p, if so approx 6% .

you can not mean 1.4p to the BLU stock price?

1.4p would mean Dynasty being valued at £545m = £70m or 1.4p to blu

nothing would please me more , believe me , but seems a little OTT to my mind.

same as you, i'm in BLU for Dtransfer, Dynasty and disruption of FX market.......

i dud not invest in BLU ( ALL those Years ago) for missing timelines, missing target, project delays, poor communication to stakeholders (Dynasty)

i feel sure TF is on top of it and matters progress as we approach valuations / stake sale.

atb

blu

Agree 100% ragnarr & dukee

PEN now looks on the cusp of a break to the upside, i am sure with the release of xAmber that BLU stock will follow suit, ridiculous to be trading at this discount to NAV?

to my mind, even now, BLU should be at 0.3 , given markets are forward looking and any further annoncements should add to that.

@ragnarr

PEN now through resistance i, reasonable spike to 0.35 in which to close short term :) and get back in as the break of resistance is "confirmed", further upside should ensue.

have a good one people.

atb

blu

@gazzleberry

well played sir !!! :)

@dukee

didn't know warren buffet followed PEN ;)

agreed with regards BLU , no doubt at all that TF is on it and we have a few months , if that, of poor price action until the question of sale process/valuations are announced/achieved.

its not the start to 2023 we BLU shareholders wanted or expected, such is investment, it would seem the bias would be to H2.

lets hope they manage to get Amplitude/Spacewalk and xAmber released soon and that the IPO landscape improves overt hat time period too with regards Dynasty.
someone mentioned monday that they were not sure why Dynasty were not looking Nasdaq listing , agree with them that puzzles me too, they would get a much better rating and following

indeed, you are correct, that is the game, trade support resistance until such time as it is no longer. ;)

until the market has certainty, it will be the same .

the Dynasty RNS was excellent , except for one thing the clarity of value of contract or , fore that matter, Dynasty.

Dave , i would agree to 0.15 from a Technical perspective too, 0.15 seems to be a downside target for P&F, but at 0.28 we had an upside target of 0.52. personally i would have preferred 0.52 ;)

atb

blu

when you buying Dave , 0.12?

its all getting a little silly now, however don't fight the market.
NAV 0.24 and the NAV should only be increasing with Dynasty and Satoshipay/Amplitude / Xamber adding products (revenue) .

we should see the 0.4's in a few months, had expected a much better Q1 '23 for BLU, sadly it would seem not and once again, FOR NOW, we plumb the depths !!!

@dukee
indeed !!
though i hold a chunk of $PEN, i'd much rather see 147% rise in BLU , followed by a 200% rise :)

enjoy !!!

lets hope, at some stage in the future, BLU can have a daily rise of 147%

@ragnarr
many thanks for the articles and insight

@wadogara
normally have you filtered, so i didn't see your message until i was logged out.

i am not under pressure, neither am i a passive investor (look it up), as it seems you are .
i remain active and offer opinion, i am happy to do so and will continue to do so, i trust this clarifies matters for you.

TF is under pressure to deliver, as is every CEO, and i am sure he will.

atb

blu

a valuation can be achieved each and every year, in fact, its good practice to do so.

TF can sell a part of the holding should he wish to facilitate a valuation of the whole of the holding, for both Satoshipay and Dynasty.

nearly 16 months now since we hit 0.595 on 16 - jan 2022, and that was on speculation that we would hear something from Dynasty... nothing since.
i'm sure we will get a valuation this year, its overdue and i'm sure TF wants a way out too, he is under pressure here.

@johno

what do you perceive as "best market conditions" ?

nothing substantive, nothing happens !!

GST , RNS ....... price up 7x
BLU , RNS ...... same price as 7 years ago.

why? because the market never gets anything that has clear numbers.
could be, would be , should be = market uncertainty

@slug

"I’ve crunched the numbers and this alone speculatively could be worth £10m to BLU, or in laymen’s terms, adding another 100% to the current market cap"

my apologies, you mean JUST the LPL deal

@slug

that's not the value of Dynasty though, that is what we are interested in.

not enough though, no value attached, no mention of IPO, until we get figures or an IPO or a valuation , then there will be a small spike and a sell off, rinse and repeat !!

the status quo remains !!

@PD

many thanks, light at the end of the tunnel?

unfortunately can not read the full article, however i would imagine no timeline, nothing definitive. , however the acronym is there once again, IPO !!

maybe microsoft will turn their attention to Dynasty after the Activision debacle ; ) they could pay for it via "pocket change"

is satoshipay cursed? .... lol

@bobsson
indeed , we will see !!
are we still awaiting Amplitude? when was that due for completion ?
the issue is, even with completion , which of those proves a catalyst for the BLU price?
the main event was $PEN , what has that achieved (for BLU)?

@DaveTK
the stock could be suspended ahead of a sale , but not because of one.

i believe should both key investment s be sold, the payout would be orderly and would not require suspension.

TF made very clear that the shareholders would have the final say on what happened with resulting sale funds.

if i were TF i would have had enough with both Dynasty and Satoshipay , neither company has done him any favours considering the seed capital placed in both courtesy of TF and Blue Star. of course TF anticipated major gains, but i do not suspect for one minute he thought it would take this long or that the businesses would result in a "snakes and ladders" analogy.

@Gazzleberry

100% disagree

with blue star it is the ONLY way to realise the value of the company, Blue Star is an investment company, therefore its assets must be assigned a value and in this case, an up to date value.

Satoshipay value on Blue Star balance sheet is £4.7m, even with the fails and misses of late, its worth a great deal more than that.
Dynasty , well the spectacular fails and misses, can no longer be ignored, and whilst the company continues to dance to its own tune, with little regard for its investor. we are advised ( in last RNS and podcast) that they still continue to execute with vigour in their market place.

the status quo can not remain, a valuation of assets is not only required it is well overdue.

@bobsson

the formal exercise is most definitely needed for this company, its the only way a floor can be placed under the price.
as soon as the company makes progress, the chumps come in and skewer the price.
as mentioned previously Blue Star capital despite flattering to deceive on a couple of occasions, is no further forward, from a share price perspective, than it was 5 years ago.
that is damning !!,

i like the company, TF is a decent guy, but i'm here for capital gain, its overdue, after the years where the funds i have tied up in this could have yielded much more, i want to see Blue Star find a way of realising value, if that is via monetisation of Dynasty and Satoshipay, then so be it.

its time for action one way or the other.