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If there's is one thing they're definitely good at, it's spunking masses of money by globetrotting to attend various fintech events/seminars... lol
https://x.com/pendulum_chain/status/1716868973151523230?s=20
you’re not wrong john!
glad someone else has picked up on this
it would be alright if they were winning contracts with revenues attached
they just swan about and provide a consistent nil result
tony needs to shove a rocket up their ****
JOHNO77 - Did you invest in BLU in the end?
Hi SW.
No not at the moment. Will be keeping an eye though, I'm sure the SP will go much higher again at some point.
Yes John. It's certainly worth much more than it is now. The last Dynasty valuation from years ago is worth more than our current market cap. Well worth you flicking though Dynasty RNS's for a better picture for yourself. If you're thinking of investing for Satishipay, you'll probaly not invest, I wouldn't have. I'm here for Dynasty, I always was. It was the potential Dynasty IPO that took us to 0.59p before it kicked off in Eastern Europe. People seem to think the IPO may happen next year when "IPO's are great again" lol. If it does, then we may see figures higher than the last time. They've expanded quite a lot since then.
From the latest figures RNS (based on old valuation)
"Dynasty is also building close relationships with two of the Company's other portfolio businesses, Googly Media Holdings ("Googly") and Paidia Gaming ("Paidia"). Googly had a soft beta launch in May 2023 which proved highly successful. India is a particularly exciting market, being arguably the fastest growing gaming market and already the largest mobile gaming market with 500m gamers forecast to grow to 800m gamers within the next 5 years. Dynasty's partnerships with Googly and Paidia sees it sharing 50% of all revenue generated. Paidia is a female focused business and brand based in North America and is performing strongly.
To date, the Company has invested approximately £968,000 in Dynasty. Based on Dynasty's valuation of US$50 million in the last equity fundraising round, the Company's holding in Dynasty is valued at approximately US$6.5 million (approximately £5.4million)."
Cheers SW,
I wonder how much Dynasty would be valued at nowadays...? The info is just not there to make any informed opinion, but you'd expect it to be a fair bit lower than it was 2-3 yrs ago. No way of knowing how close they are to any IPO. The thing about Dynasty (and also BlueStar) to date in terms of partners (& also Bluestar investees), is that there have always been far too many related party transactions...... DYOR
It doesn't mean BLU cannot multibag from these low levels in the next year...!! Good luck.
JOHNO77 - Regarding Dynasty. I would expect it to be worth much more than it is now with all of the partnerships its taken on. To put a figure on it, I'd be guessing. Best you can do is read the Dynasty RNS's and make your own mind up. You have to be comfortable with your own investment.
From the RNS dated 28th September 2022
"The Company is currently carrying the investment in Dynasty at the last external valuation of approximately £4.6million. For the reasons highlighted above, it is the Board's belief that Dynasty's valuation should have increased significantly since the company's last fundraise and should be worth considerably more than the current carrying value. Furthermore, the recent strengthening of the US dollar against sterling means the current carrying value of the Dynasty shareholding is over £6m based on current exchange rates."
Https://www.professionalsaathi.com/blog/googly-the-ultimate-multi-gaming-platform-for-indian-gamers
Looks like Dynasty made great move here ! We only have a small holding in Googly, but it’s partnership with Dynasty holds the key to dynasty’s future IMO - Nod nod wink wink
That all sounds great but when i just went on the Googly website and looked at the social media links i found googly have the below:
Facebook - 398 followers
Twitter - 40 followers
Instagram - 271 followers
Youtube - 42 subscribers
Again, smoke and mirrors here? Doesn't sound like they are taking over the world. At the bottom of the below Googly article it also says that Matt Lodge is their CEO (another related party transaction then...)
https://www.cricketworld.com/googly-cpl-launch-ecpl-with-25-000-prize-pool/88769.htm
Makes it difficult for me to get too excited re Dynasty / Googly relationship on that basis... I am not trying to deramp i'm just being matter of fact. I'd very much welcome any positive findings as the SP is at a tempting level. If people have any please post it here.
You are not wrong John !
Actually backing your posts up with statistics too
I like it
Some of the others here could benefit from posts like yours
Third time lucky -
Duke, are you still holding ~377m shares?
JOHNO77 - Sounds like this share isn't for you then, there is little point if you don't see the value.
Good luck in your investments👍
My turn to post a link
https://www.reddit.com/r/Pendulum_Chain/s/ooOpGHZC4R
All those posts and barely a single upvote or comment for months
Doesn’t look like they’ve garnered much support from their globe trotting
What a waste of money
Yet another week down the Swanee for Satoshipay
Further to blubuttons post advise he offered strong words to Pendulum on their chat
It shouldn’t be up to blubutton to have to do this
Tony should be doing this
It’s like Tony’s asleep at the wheel
New Pendulum roadmap out !
Lets hope they can achieve it this time, if they can then there will be a positive shift IMO
Https://platform.googly.gg/content/googly-world-cup-653cbbb2b0e4acdc6969cdb0
Nine stages/steps to complete before 31/12/2023. Hmmmm
Bobson, with the grilling they have had from Blubutton lately, which was very professionally done I will say - I genuinely think they will do everything possible to adhere to this roadmap ! Lots of reasons for people to argue they won’t, but I’m gonna go with them on this one 👍 Come on Satoshi/Pendulum
Hopefully the Q3 ‘Audit’ was for valuation purposes
Slug, don’t think there a poster on here who can argue with your comments - But I do believe Tony and Blu team are doing everything they can to get an update valuation of Satoshipay, which for all BLU holders will be most welcome - what ever it may be ! My guess is our holding is worth more than our bloody MCAP right now ! I’be been pestering Dynasty, although had response they were polite but nothing really gained apart from I took from it they are concentrating on India ! I am very hopeful of news re Dynasty before Xmas !
Fourth time lucky -
Duke, are you still holding ~377m shares?
I do know the answer. I'd like to see some honesty and transparency.
It's not nice to see someone posting an increasing amount of positive posts whilst simultaneously selling down.
Nice to see Guild up 26% ! We still have small stake in there and a positive movement in their SP is always better than a negative one !
Crawshaw I would take it as a no in my opinion bearing in mind your question being avoided a few times already. However I wouldn't be put off by this as I would this down to more a needed sell rather than a judgement on the investment.
GLA MM80