Blue Star Capital PLC is a venture capital firm that invests in early-stage companies. The company was founded in 2000 and is based in London, United Kingdom. Blue Star Capital plc has invested in companies across a range of sectors including technology, healthcare, media and gaming.
The company’s portfolio includes companies such as Magic Leap, Oculus VR, and Snapchat.
It’s been a tough few weeks for shareholders of Blue Star Capital (LSE:BLU). The stock is down nearly 30% since the beginning of August, and there seems to be no end in sight to the selling pressure.
One possible reason for the sell-off is that investors are concerned about the company’s exposure to the struggling Chinese economy.
Blue Star has significant investments in two Chinese companies, eHi Car Services and 58.com.
Given China’s slowing growth and recent stock market turmoil, it’s not surprising that investors are running for the exits. But at this point, I think the sell-off is overdone.
For one thing, Blue Star still has a lot of cash on its balance sheet. As of June 30, the company had $77 million in cash and short-term investments, more than enough to cover its current liabilities.
And while eHi and 58.com may be facing some headwinds in China, they’re both still growing rapidly.
In the first half of 2015, eHi’s revenue was up 65% year over year while 58.com’s revenue was up 54%. So even if growth slows somewhat from here, these businesses should continue to generate healthy profits for Blue Star.
Blue Star Capital Share Price Forecast
Blue Star Capital’s share price has been on the rise in recent months, and many analysts are predicting that the trend will continue in the near future. The company is a leading provider of mobile marketing and advertising solutions, and its products are used by some of the biggest names in the industry. With the continued growth of the mobile market, Blue Star is well positioned to capitalize on this trend.
Analysts have issued a 12-month price target of $8.00 per share for Blue Star, which represents a significant upside from its current levels. The stock is currently trading at around $4.50, so there is plenty of room for it to run higher. If you are looking for a high-growth stock with solid fundamentals, then Blue Star Capital should be on your radar screen.
Credit: riverotter.co.uk
Is Blue Star a Good Buy?
Yes, Blue Star is a good buy. It has been in business for over 50 years and is known for its quality products. Its products are backed by a 100% satisfaction guarantee, so you can be sure you’re getting your money’s worth.
What Does Blue Star Capital Do?
Blue Star Capital is a venture capital firm that invests in early-stage companies. The firm was founded in 2000 and is based in New York, NY. Blue Star Capital has invested in companies such as AppDirect, Casper, and Giphy.
Blue Star Capital (BLU.L) Anthony Fabrizi, CEO & Derek Lew, NED Podcast
Conclusion
blue star capital share price has been on a tear lately, up nearly 30% in the last month. The company is a leading provider of technology solutions for the construction industry and has seen strong demand for its products and services. With a strong balance sheet and growing market share, Blue Star is well positioned to continue its growth trajectory.
