Blur Group Share Discussion Threads

[stegrego] 09/7/2014 15:13

J7.. total BS as per usual

[opodio] 09/7/2014 14:43

is this one finished?

[j777j] 09/7/2014 14:34

Broker comment

Blur Group (LON:BLUR), the 'services-commerce' firm, gave an encouraging update today, says N+1 Singer analyst Tintin Stormont.

"Whilst the timing and amount of revenues from bookings can change, the growth in the qualified part of the sales funnel is encouraging," the analyst said in a note.

"Evidence of the strengthening management team as it arises, and the results of the recent corporate investments should also provide confidence in the group's ability to execute its growth strategy."

[j777j] 09/7/2014 13:23

Take a look at the direction of travel..


31st Oct 2012

Projects submitted 1158 total value $15 million


8th Oct 2013

Projects submitted 2778 total value $50 million


9th July 2014

projects submitted 5492 total value $273 million




Remember there were some very large projects submitted starting in the third quarter last year,after the new updated platform launch which would have seriously scewed the numbers.More revolution,than evolution.


Blur are soon to launch a far east office.They recently introduced two new categories and we can expect more to follow.


It won't be too long before they are nudging $1 billion in projects submitted,then everyone will wake up.

Stand back and look at where the co has come in under 2 years.

Browse through their ever growing ,blue chip filled customer list with the likes of GE, Amazon, Alibaba.


The first stage was about building the platform,then the land grab and the scaleability becomes ever more apparent.

They have plenty of cash thanks to the recent placing.



Letts should buy back at least some of the shares he sold.The market decides the price and was happy to pay him 400p .

It would be a strong message of confidence.




"Everything popular is wrong."

~ Oscar Wilde.

[xjhoward] 09/7/2014 11:26

J777j, can you explain more on what you mean. All the numbers I took are from rns in the last three months.

[orange1] 09/7/2014 11:18

Yes, without a doubt Letts should "effectively be closing his short position for a whacking great profit". That will really impress the market.
Not.

[j777j] 09/7/2014 10:58

Lol now I know you are high.Presumably you have not read any of the company news in the last 6 months.

[xjhoward] 09/7/2014 10:52

2013 results show project bookings $22.2m. So project bookings in:H1 2013 5.2mH2 2013 17mH1 2014 16mSo no growth at all from h2 2013 to h1 2014.

[j777j] 09/7/2014 10:04

I would like to see Letts now buy some shares back.Having previously sold 900,000 share at 400p each,it would send a message of confidence in his own busness.It would also be quite a trade as would effectively be closing his short position for a whacking great profit.

[haydock] 09/7/2014 08:39

Analysts & forcasters are simply talking out of their ? on this one.

All that matters is the platform growth & we have that.

Profits, who ever heard of profits on the Nasdaq ?
How very British, safe & solid.
Like our bamks!!!

QFI, eight years in & I bought @40p, collapsed just like Blur, but even worse.
Buying @ less than 3p was common to the old boys of QFI.

Added all the way, now i'm in profit, but note :

Still no QFI profits.

I'll say it again:
Still no QFI profits.
Still no QFI profits.

Most years no revenue, but when it comes it will be awesome.

Blur ? who knows the analysts don't.
They can't even get a line on QFI profits yet.

How come the share has climbed all that far back to 43p then?

[cantrememberthis2] 09/7/2014 08:31

I am liking it - the value is 0.2 so who cares.

keep shorting - good luck.

Im holding.

[j777j] 09/7/2014 08:25

You are the one confused. Go back and read the analyst reports.Investing is not suitable for everyone.

[hamidahamida] 09/7/2014 08:19

J777J.. I think you are confused with the market forecast $24 million market forecast is for revenue Not Bookings So $3.2 million revenue achieved in the first They still need over $21 million revenue to makeup the market forecast. You must be kidding yourself if you are thinking they will make the numbers.

[stuart37] 09/7/2014 08:15

Don't forget about all the deferred revenue from last year which will be collected this year as project milestones are met - adds up to a minimum £5m to £6m. Will be adding a few more today............

[pyglet] 09/7/2014 08:00

Cut your losses and move into QFI

[j777j] 09/7/2014 07:39

Blow out numbers, looks like the $24 million forecast for the year will be smashed.

Bookings up 200% yoy, something is working.

Amazon on board along with Alibaba and some 50,000 businesses operating on the exchange.



9th july 2014

blur Group Plc

("blur Group" or the "Company")

blur Group announces first half 2014 project bookings up by over 200%

blur Group (LSE: BLUR), the s-commerce company, today announces project bookings* for the first half of 2014 have increased by more than 200% year-on-year to $16.04m (H1 2013: $5.2m).

Continuing the trend seen in the latter half of 2013, s-commerce is being increasingly adopted by enterprise customers, with Amazon, Solvay, UTI, Menard, Incisive Media, Sabre, and CBRE starting projects in Europe, North and South America and the Middle East during the first half of 2014. All customers are now benefiting from the latest version of blur Group's platform, blur 4.0 which was the major technology release in the first half of the year, and joins nearly 50,000 business buyers and sellers operating on the Exchange.

Key to blur Group's global reach and growth are its partnership programs and the Company is pleased to have partnered with GAIN, an initiative from the University of Plymouth, to bring global opportunities to businesses in the local region in which it has located its head office. blur Group also announced partnerships with AMS and now has a referral partner network of nearly 1,000 organisations worldwide, including larger partners such as Alibaba.

"Launching version 4.0 of blur Group's s-commerce platform was integral to enterprise customers adopting the Exchange," commented Philip Letts, blur Group CEO. "We were particularly pleased to see additional projects from companies including Amazon, Sabre and Canadian Cancer in this period, reinforcing our focus on customer experience and retention."

[hamidahamida] 09/7/2014 07:39

Today's trading update confirms my view they are on course to issue revenue and profits warning. They are still struggling to convert listed projects in to actual bookings. $16 million actual booking = around $3.2 million actual revenueThis leaves around $96 million 2nd half actual bookings to achieve market forecast. NOWAY...SP WILL COLLAPSE

[fromtheblue] 09/7/2014 07:31

This paragraph at the bottom of the RNS tells us that the 20% could be spread over more than 1 year and may change in value - hence project bookings is meaningless in relation to this year's revenue and loss/profit figures IMO.

*The total bookings intake represents the project values (excluding listing fees) as agreed and confirmed by the customer in the year. It is used to measure the total expected revenue to be recognised over the life cycle of these projects and can include a proportion that is contingent, with revenues being recognised in the current and future periods, either over timelines or upon milestones being achieved. This booking value may change over time due to the scale, contingent elements and complexity of projects.

[stegrego] 09/7/2014 07:24

So actual revenue would be a max of 20 percent of 16 million dollars....

3.2 million dollars.... which is what, less than £2 million.

Valued at 36 million..... hmmmm

[pyglet] 09/7/2014 07:08

Not interested in project bookings, just interested in profits. What are they expected to be? Sticky tape RNS IMHO.

[fromtheblue] 08/7/2014 10:19

Since the 26th May after the Finals and Open offer only $10.3 million of projects has been listed - the same period last year saw $9 million listed. Growth would appear to have stalled from earlier in the April-June quarter. We have to wait until September for the half year results to see whether conversions have improved to increase profits.

[hamidahamida] 08/7/2014 02:20

Outsourcery(out) turnover £5.2 million m/cap £10 million Blur group turnover $4.8 million m/cap around £40 millionWay overpriced blur group share price will collapse its matter of time

[supersturrock] 03/7/2014 17:05

Anyone else noticed the Blurometer has virtually ground to a halt ? About $2m increase in 2 weeks.

[haydock] 02/7/2014 09:24

Since the debacle, the fist slight hint of a s.price rise.

hxxp://www.ichimokutrader.com/


1-Jul-14



Chikou Span rose above Price

88.75 Bull Chikou Span Cross Weak