DATA management platform Bluesheets has raised US$1.5 million in a funding round led by Investible, with participation from Antler, 1982 Ventures, Kiplex Ventures and Kistefos.
Singapore-based Bluesheets automates and simplifies the flow of financial data between a company's systems. Among other features, its platform can push sales and purchasing data to reporting and accounting systems without the need for costly and time-consuming integrations.
It connects tools like WhatsApp, email inboxes or revenue channels with accounting platforms like Xero or Quickbooks and other third party apps.
Bluesheets was launched in 2021. It has customers in over 10 countries and added over 100 paying clients in August. Pizza Express, Guzman y Gomez, Osome and Nextpay are among its users.
The startup was co-founded by Christian Schneider, who worked at McKinsey, Rocket Internet and foodpanda before founding corporate catering startup Dishdash.
Co-founder Clare Leighton was an executive at Dishdash and Uber before embarking on the Bluesheets venture, where she is chief operating officer.
"Companies today are faced with a difficult choice - either process the valuable data they are sitting on manually, or invest tremendous time and resources in accessing it. What if we could change all of that with a single tool that ingests, classifies, exports and is easy to implement?" said Mr Schneider, the chief executive officer.
The founder of GP selling his shares to less than 10% really caused many to worry that include me. I first invested in GP since 2008. I went through with the company when it sold off GP Hub, its headquarters and was with huge debt until it settled all its debts with TM recently.
GP's financial health is 6/6. Stable Cash Runway: GPACKET has sufficient cash runway for more than a year based on its current free cash flow. Forecast Cash Runway: GPACKET has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 13.2% each year (please see https://simplywall.st/stocks/my/tech/klse-gpacket/green-packet-berhad-shares).
GP's recent diversification into investment, money lending with investment bank are related to Kiplex Ventures' participation in Bluesheets' fund raising and possible taking part in AEI CapForce II Investment.
Where does GP raise funds to participate in Bluesheets and AEI? From observations of GP selling down in G3 and Puan selling down his shares. Most probably Bluesheets and AEI's return of investment would be much higher.
Earnings Trend: GPACKET is unprofitable, and losses have increased over the past 5 years at a rate of 57% per year. Accelerating Growth: Unable to compare GPACKET's earnings growth over the past year to its 5-year average as it is currently unprofitable. Earnings vs Industry: GPACKET is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (23.6%). Please see https://simplywall.st/stocks/my/tech/klse-gpacket/green-packet-berhad-shares.
Above are just some of my observations and thoughts from the perspective of an investor.
selling stories must stop and ccpuan must leave to stop selling stories. kiple lah Tencent lah, digital banking lah highway lah Apa lah - semua story ended up share price kantoi lah. ccpuan no out - no buy
Mk......looking at the latest announcement, tan Sri now hold less than 10% of gpacket indirectly...The thing is,after selling down for so long,n according to the annual report 2020, there is no new substantial shareholder surfaces...Be it institution or big name investor.....All ticket absorbed by retailers?Or syndicate using different account to hold the share with each acct less than 5% or make sure those acct doesn't go into top 30 shareholder list?
If the plan is so so good,wondering y no big name investor join the game or big fund/institution buy in....As they r more sensitive to any opportunity that arises
one day drops 1 cent...10 cent by next friday....then the monday after that reverse split 10 to 1....stock price goes bac to rm1.....qr out the following day, stock price will continue to drop after qr....
one day drops 1 cent...10 cent by next friday....then the monday after that reverse split 10 to 1....stock price goes bac to rm1.....qr out the following day, stock price will continue to drop after qr....
the waterfall phenomenon beginning with G3 then GP. Thus, i have a strong intuition that something bad happen to CCPuan, perhaps commits of the Offences under the MACC act.
have a feeling the current down trend may finish soon and it will be pushed up.....since pp priced alrdy fixed, will be goreng by operator.....but again the fundamental is not good...most plans are being talked up n no solid progress and profit seen....but whether it worths more than 15.5 cents,a million dollar question
maybe perempaun press down the price for next round goreng....coz m24 tawreeq seem so confidence for the license...and it looks like the last dance for gp
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