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BLG - Bluglass Limited

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Heading south again now, so glad I got out.

Any holders out there? Still all blue sky rather than blue glass, and the longer it goes on, the more likely it is other tech will sideline them and burn will mean more cash raisings.

LED lighting and displays will inherit the future. Not so sure on solar though, as large scale panels at low cost are key. Any tech people out there know if they have missed the boat now?
 
MOSSuMS said:
Not so sure on solar though, as large scale panels at low cost are key.
Click to expand...

GHG offsets having a real dollar value is the key to all renewable energy businesses....personally i got a bit worried about Blueglass when they went off on a development tangent, a little while back.
 
So_Cynical said:
GHG offsets having a real dollar value is the key to all renewable energy businesses....personally i got a bit worried about Blueglass when they went off on a development tangent, a little while back.
Click to expand...

Yes the technology would be difficult to tie down as the best technology for creating semi-conductor materials.
The South Korean deal fell through but they say there is interest from other parties. The Government Against Climate Change (GACC ) has thrown near 5 million at BLG but no Australian manufacturer wants to pick up the Bluglass technology. So South Korea is the place of interest.

Mossums .... maybe someone has got the jump on them, hence the Koreans backing off. Red flag in my opinion until something concrete is advanced.
 
Still gald I'm out! Red flag agreed (and scary chart) wysiwyg.

One extra comment on Gov grants though...

I've been in 2 companies that got Gov grants, and both were, ahem, (watching the legals here) disingenuous. The schemes are too easy to secure funds from, open to abuse and (can't give the full story sorry) the scheme operators know they are full of holes but dodn't have the resources or political free hand to plug them.

So I now see the fact that someone gets a Gov grant (or many in the case of BLG) as a potential NEGATIVE, often used to shore up a fundamentally uneconomic endeavour - at best they loose the commercial focus.

 
BLG seems to be driven by hope and prayer on LED and Solar, so all coverage sees a jump, even if there is nothing new in it. A bit like speculative O&G explorers spuding giving a 'lets hope this time is it' lift.

Having said that, the last sudden jump preceeded that grant anouncement, so if there wasn't recent news flow I'd be expecting something else to come out. When was that report released? Bluglass announced it yesterday, so I'm thinking that is it.

I'm a cynic, but for good reason!
 
Has anybody noticed BLU's revival?



I would have preferred to have picked it up in March, but if today's flag break prevails and leaves the little continuation gap, I'm happy to accumulate. Traded two Intraday swingers and am now holding an overnighter.
 
So_Cynical said:
EDE and now BLG, everything old is new again, whats next a Geodynamics revival.
Click to expand...

After reading this morning's notes about directors being rewarded for "attaining KPIs", the cynic in me suspects the "key" might have been a 20c share price.
But of course, that kind of "moves" never happen in Oz.

Let's see if the resistance at 20c holds today; if it does, I'll take profit and not hold over the long weekend.

 
Blueglass - back to where we were 5 years ago again and now burning over half a million per month, 5 years ago i thought Blueglass had something and now thinking again that they perhaps have something, the market is at that point where it pretty much doesn't care.

Did a large cap raise back in early 18 at 37 CPS ~ investors underwater big time now, good timing management wise.
~
 
Some initial research and thought on this one tells me I am interested in it.
I don't do hunches, but hoped anyone following this one has more to ad. Been a long time since last post and can see why by the charts.
F.Rock
PS: last time I heard a price on projector globe's, was above $200 each...
 

First glance ….Chart is very ordinary but I know nothing about them fundamentally … Will have a look tomorrow arv sometime
 
Dont waste your time Barney! Had a quick sqiz, 10 years of burning shareholders capital, nearly every year more CR's, losses for a decade, god knows how 'businesses' like this are allowed to continue as listed entities.
 

Hi @frugal.rock,
Well you don't do hunches (a good start) & some initial research and thought on this one tells you that you are interested in it.
Excellent!
In the last 20 months price has moved down from a high of 53¢ to a low of 9.5¢ so if you don't mind sharing, I will ask you to inform the Forum about your initial research and why you are interested!
Cheers,
Rob
 
Sure Rob.... so nice of you to ask "on behalf of the forum"...
Initial research purely some recent news about collaboration with Luminous re projector globe's...
and the Gan laser diodes as aluded to in my post. They make it sound promising... but how many projectors are in use? Dunno.
rnr said:
Hi @frugal.rock,
In the last 20 months price has moved down from a high of 53¢ to 9c
Rob
Click to expand...
Wow, that's one big ass drop eh, as also aluded to in my post.
The interest is in the technology from a pure technical stand point.
(Cutting laser diodes higher efficiency LEDs) I like electronics?!
They are talking 5 year projections, sales maybe 2021... meh, do your own research but what I read sounds washy.
Have you lost money on it Rob?
@galumay has kindly chipped in, with thanks, with the guts , of what people like myself (novices) need to know.
Cheers.
F.Rock
PS; it's a stock that will grind to the ground, or gain market share in a niche area and it appears the latter may never eventuate.
 
Last edited:
@frugal.rock

Thanks for taking the time to reply and expanding on your initial post.

I now get that your interest is of a purely technical nature in relation to the products sold and unfortunately the market (as reflected by the share price) has not shared your enthusiasm over the last 20 months.

"Have you lost money on it Rob?" The answer is no (I have never owned this share).

Cheers,
Rob
 
I say no one dares to rob @rnr even with blue eyes (BLG) . So it's all frugality thoughts @frugal.rock .
Lol
 
Surprised there is no noise on BLG
Picked up in the consolidation 4 days ago.
Has great leading technology.
 
I didn't dare mention it again, but did notice it recently...
Prefer to wait for an actual product to market.... which may be getting closer to fruition.
 
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