Stockchase Opinions

Michael Smedley BTL Group Ltd. BTL-X BUY Jan 18, 2018

He bought this at $2, because it was the only thing he could buy in the blockchain sector a year ago. It’s been as high as $18, but is back down to $11.50. This is an understating kind of company. You have to dig into it, and you find that they have got very, very cool leadership, a very strong background in major technology companies who know what they are doing. They’re currently building and expanding a network of platform users. They have strength in Europe and have a UK office. It appears to be stronger than it is even telling us. He would buy more at this point.

$11.500

Stock price when the opinion was issued

0
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RISKY

Within 20 years the world will be paperless in terms of currency. Central banks and governments are absolutely broke. Getting rid of the grey economy would really help. When there is no cash in the system it eliminates all that. This is one of the earliest types of this process. It is an interesting concept.

TOP PICK

This is involved in blockchain technology, the new coming thing in financial transactions. Curiously, this seems to be the only pure blockchain developer provider in the world. Trial clients are Visa, banks and a group of powerful energy trading interests.

PAST TOP PICK

(A Top Pick May 26/17, Up 145%) On the basis of current business it is extremely well valued. But it is early days with a very seriously usable platform in block chain for trading. They will get clients and have had trial runs with V-N in Europe and with major oil and gas companies.

COMMENT

This is a blockchain technology. It has a head and shoulders formation, and is getting close enough that you would want to be a buyer. He likes the volume and that it is up. If he didn't know what it was and it wasn't a blockchain, he would probably say Buy it. He just doesn't know enough about blockchain stuff.

COMMENT

In the blockchain space. They help companies to develop blockchain technologies. In term of the fundamentals he cannot comment. It is one of the companies that has done real business in the space with real people doing real work. Too much hype in the space.

WATCH

They're working on a petroleum blockchain trading system in the U.K. If they succeed here, this is a great opportunity. It won't follow the Bitcoin trade, though it sharply spiked at the end of 2017 along with Bitcoin.

WATCH

They're working on a petroleum blockchain trading system in the U.K. If they succeed here, this is a great opportunity. It won't follow the Bitcoin trade, though it sharply spiked at the end of 2017 along with Bitcoin.