Blur Group Share Discussion Threads

[stegrego] 29/11/2014 12:10

I only reason I posted here or continue to post here is because people like J7 were saying it's the best thing since sliced bread and it clearly wasn't.

Talk of it getting to 15 quid when it was 8 quid was clearly ludicrous and someone had to be here to give a bit of a reality check.

People like me and Yump aren't the bad guys - those are the ones saying useless stuff like this will be worth 15 quid.

[hazl] 29/11/2014 11:48

I have never found any of your retorts useful and as explained previously see no benefit to fellow posters in encouraging your argument.
You have even just posted this

'btw I'm still lurking because the business itself is interesting - its just a shame the way they promote themselves with opaque reporting, because its left a tail of scepticism.'

I don't see any point in taking this further.

..Nobody can foresee whether this will succeed or not but I wish good luck to every genuine holder.

[hazl] 29/11/2014 10:56

It is not my style to disrupt bbs in the same way as you people do and yet clearly your stock-picking is no better than the average despite your lack of humility.

I am perfectly happy with my stock picks and was just pointing out that your constant posts on bbs that are nothing to do with you are not very helpful and in fact come across as arrogant and pompous.

I personally hold just a handful of shares here left from previous profits.
If I choose to let them run it is my decision nobody else's.

However there may be some people, that have lost money here and a jeering approach is at the very least unkind in my book.

imo

[yump] 29/11/2014 08:48

Ridiculous lumping all small companies together in 'having a torrid time'.

Blur's problem is very clearly stock specific and so are many others that have plummetted a lot. Torrid drops are all stock specific.

SRG is possibly the most pointless example you could find. Its delisting and the likely value to shareholders is higher than the current share price.

If you actually believe what you post, you need some advice on stock picking. Try looking for the smaller stocks that have only dropped by percentages that are slightly more than the main market. (Smaller ones will always drop a bit more as they also rise more - volatility etc. etc.).

If the business and the fundamentals are doing OK, the stock will not have a 'torrid' drop.

[hazl] 29/11/2014 07:43

Posters like steg are not immune SRG as an example of that
small cap Companies are having a torrid time.HALO MPOW as well
imo

[hamidahamida] 27/11/2014 13:03

No director buys so far they could've bought after the last update but they choose not to, says a lot about their faith in the company or does this indicate more bad news

[j777j] 27/11/2014 11:20

Updated note from Beaufort securities this am which added...


The trading update indicates that Blur Group remains on track with its initial guidance for project bookings and cost control.

The company does face some operational roadblocks such as the expected delay of a few prominent projects, but the contracts with some major brands in the final quarter should allay most of those fears.

The tight control on the cash outlays should result in positive cash flow generation for the company unless any significant challenges are observed in the balance sheet.

The potential of the Blur Group lies in its unique ‘sticky’ business model with over 1/3rd repeat customers in the final quarter of 2014.

In view of the above, we maintain a Speculative Buy on the stock.

[bookbroker] 26/11/2014 11:05

I've come to the conclusion that nobody is actually listening to Phil Letts, I'm sure he is actually not a bad bloke, and it's hard to maintain a positive spin when the figures speak for themselves, the real crook in this co. though might be Ms. Spurrier, her PR/Advisory co., admittedly fees probably in lieu of remuneration, gets a nice slice of revenue for what I kinda wonder, is she an expert in all this, or just another face in the organisation!

[hamidahamida] 26/11/2014 10:53

In announcing these latest enterprise clients, blur's Chief Executive Officer Philip Letts commented, "We've already seen that 2014 is the year that the enterprise has adopted blur...Well Mr Letts you still haven't Learnt from your Profit Warnings you are still Spinning any news in to big news, if enterprise has adopted blur then why are you STRUGGLING to make the NUMBERS?? Stop Spinning just put your head down and start over delivering. Beating the market forecast is the way to do it.

[hamidahamida] 26/11/2014 10:51

In announcing these latest enterprise clients, blur's Chief Executive Officer Philip Letts commented, "We've already seen that 2014 is the year that the enterprise has adopted blur...Well Mr Letts you still haven't Learnt from your Profit Warnings you are still Spinning any news in to big news, if enterprise has adopted blur then why are you STRUGGLING to make the NUMBERS?? Stop Spinning just put your head down and start over delivering. Beating the market forecast is the way to do it.

[stegrego] 26/11/2014 10:43

Total non event. Desparate waffle to try to support the share price

It won't work.

[j777j] 26/11/2014 07:13

Onwards and Upwards



Blur Group PLC

Latest Enterprise Brands Buying at blur


RNS Number : 9937X

Blur Group PLC

26 November 2014




Aryzta, Kier Group and Sixt, the latest enterprise clients buying at blur



blur, the international e-commerce company providing a better way for businesses to buy or sell services, today announces the latest enterprise clients to use blur.



In the busiest week of the year for online shopping, the latest big brands to shop at blur for business services include German car-hire giant, Sixt, one of the world's leading food brands, Aryzta, and major construction company, Kier Group:



· Sixt has taken advantage of blur's newest category for video services buying and launched a series of promotional videos.

· Aryzta is the latest client to recognise the potential of blur in streamlining procurement with its marketing procurement division choosing blur to handle its marketing projects globally and source suppliers in this category.

· Regional marketing heads at Kier Group have discovered the advantages of managing tail spend with the centralised management that blur and its recently-launched Project Space 2.0 provide.



In announcing these latest enterprise clients, blur's Chief Executive Officer Philip Letts commented, "We've already seen that 2014 is the year that the enterprise has adopted blur for its convenience and quality of delivery. These latest client wins show that blur's extensive network of service providers, combined with its unique managed approach, give businesses a streamlined way to deliver business services."

[j777j] 25/11/2014 14:52

The fall from 800p would suggest an awful lot of bad news is already priced in.Back to the business the exchange is going from strength to strength and that is what this investment is all about.

[hamidahamida] 25/11/2014 14:47

Management has massive credibility issues after 2 profit warnings. They are still holding $4 million worth of bad debt on the books house broker flagged another warning in the form of bad debt write down. Market hates uncertainty and share price will just drift downwards and discount the $4 million bad debt.

[j777j] 25/11/2014 12:35

Hmm ok,so now another disgruntled former shareholder

19th November

"Operationally, we remain pleased with progress, with Project Bookings remaining strong, especially from the Enterprise customers, with a total of 6,329 projects submitted to the Exchange as at 17 November 2014, representing a combined value of $310m. This represents a fourfold growth against the same point in 2013, with all indicators that EBITDA breakeven will be achieved in Q4 2015 along with positive cash flow from Q1 2016."


So 17th November projects 6,329
& 25th Novemner projects 6,804




Looks pretty good to me.


ps SYC =Seychelles



Vacancies


New Vacancies





Projects Manager
Exeter





US Exchange Support Executive
Dallas





Data Analyst Internship – blur Academy
Exeter



Community Vacancies





Projects Manager
Exeter



Project Management Internship – blur Academy
Exeter



Community Management Internship – blur Academy
Exeter



Sales & Exchange Support Vacancies





US Exchange Support Executive
Dallas



Junior Business Development Internship – blur Academy
London and Dallas



Enterprise Sales Executive
Dallas



Senior Business Development Manager
London and Dallas



Tech & Design Vacancies





Data Analyst Internship – blur Academy
Exeter



Graphic and Digital Design Internship – blur Academy
Exeter



Software Engineering and Web Development – blur Academy
Exeter



Lead Developer
Exeter



IT Programme Manager
Exeter

[bookbroker] 25/11/2014 12:28

Yeah, but I've been looking at that platform regularly, and the project listings are going nowhere, unless they have sacked the individual(s) who are employed to maintain it, or the information is privy to only those who sign on, the system seems to have ground to a halt, strange that the cos. they tout as big signings, to name but two in Tesco and Homebase, are retrenching big time and rationalising their businesses. I would be doubtful whether Blur actually is part of their strategy for outsourcing projects to any material extent. I look at the platform listing projects waiting for pitches and there is a co. for a country with the prefix SYC., heaven only knows where that is, it's about number ten in the most recent pecking order, and has been for a week or two, I expect to see new projects appearing every day, so I have to assume there is little new information to post, growth in projects has slowed considerably from the beginning of the year, so what is the problem, I'm out of this now having bought back in during September as I have completely lost all confidence in this cos. ability to project forward, Philip Letts thankfully has piped down, for all we know he may as well have left the building!
To be honest I'm gutted about where this co. has gone, last year may have been about blowing its trumpet, it genuinely seemed to have a serious idea, business plan frailties or not, and I rode the climb, to leave in April and come back recently, but I just cannot figure what is going on in the slightest, I do not have any grasp about what the people within are actually doing in terms of making a business source cheaper methods of services, I kinda think Blur would have been better to have remained small and selective, their costs seem to be out of kilter with their ability to cover them!

[j777j] 25/11/2014 12:03

Total projects to date 6804 on 8th sep the number was 6096, so not sure about your maths.New cfo talked about hitting a sweet spot with enterprise customers with over $500million turnover.These are vastly improved credit risks.

[hamidahamida] 25/11/2014 07:55

blur Group – bullish (paid) researcher can't hide the problems ( but tries)By Steve Moore | Monday 24 November 2014http://www.shareprophets.com/views/9154/blur-group-bullish-paid-researcher-can-t-hide-the-problems-but-tries?commented=0#txpCommentInputForm

[hamidahamida] 24/11/2014 08:48

Extracts from Edison noteBad debt: We are also conscious of the $4m receivables on the balance sheet. Management continues to pursue these debts; however, given the maturity of this balance, an exceptional write down is possible.

[hamidahamida] 24/11/2014 08:46

Blur group: Red flag Bad debt exceptional write down of the $4 million receivables on the balance sheet to come. Bad Management or what getting the projects done and then paying the experts and not getting paid themselves