Blur Group Share Discussion Threads

[haydock] 14/1/2015 10:54

I wonder if they will charge the service providers a fee, now or in the future.

Over 50.000 today.

[bookbroker] 13/1/2015 17:02

Blur running out of time, it'll be over by 2016!

[haydock] 13/1/2015 16:40

Picked up Blur today in an I/c shares of the year column.
Was billed as one of 6 winners & bombs of last year.
No prizes for which category Blur came in !!!

Howver write up said, much sorted, new major customers & a broker quote that break even is on the way 2016 +

Could even do the job it says on the tin, for business.

Considered view overall, would be fair, watch this space.

[haydock] 06/1/2015 17:59

Just to keep us on out toes.

A reminder that whatever revenue was earned may not have been booked or even paid.
However this was last years story, from Jan 8th.
I doubt with the new policy we shall see a similar update.

January 2014
blur Group plc
Q4 Metrics update at end of most successful year to date the
year of scommerce
1509% yoy
growth in submitted project values
Stellar metrics drove outstanding share growth of 634% in 2013 on LSE:AIM
blur Group Plc, the technology company that’s reinventing commerce at blurgroup.com, finished its most
successful year to date with a recordbreaking
fourth quarter, further reinforcing world businesses’ need for
the Global Services Exchange.
Metrics Q4 2013 Q4 2012 Growth
Projects submitted in the quarter 719 250 188%
Value of projects submitted in the quarter $64.52m $4.01m 1509%
Total projects submitted to date 3,497 1,411 148%
Total project value submitted to date $115.3m $20.3m 468%
Projects kicked off in the quarter 180 89 102%
Total experts 34,109 23,275 47%
Average submitted project value $89.7K $16.1K 457%
The $1trn+ attainable, addressable scommerce
market has proven to be an everexpanding
seam of
success for blur Group, the Exeterheadquartered
company experiencing rapid acceleration globally,
increasing project volumes and values across the board.
More companies around the world are recognising the importance of a platformbased
approach to services
selection and delivery, which delivers increased choice of service provider, shorter timescales and reduced
costs. The platform, housed in a ‘Software as a Transaction’ model, is available to businesses as they need
it on a projectbyproject
basis a
supremely adaptable system for modern services buying.
Philip Letts, CEO blur Group commented on the outstanding quarter: “We’ve described 2013 as the
year of scommerce
adoption. This quarter not only confirmed that scommerce
is changing business
globally, particularly evidenced by growing project submissions from Asia Pacific, but also showed how
highvalue,
long term projects with staged delivery cycles provide visibility of Exchange use and uptake
through 2014.
“This quarter saw us build the organizational infrastructure to shape our business for the next three years,
allowing us to grow and scale globally. Building on the exceptional growth in scommerce
adoption 2013,
2014 will see a focus on enterprise scommerce
and mobile scommerce
accelerating the uptake globally.”
Overview
188% yoy
growth in the number of new projects submitted, a 1509% yoy
growth in total value of projects
submitted and a 457% yoy
growth in average submitted project value during the quarter shows a
continuation of the momentum the Exchange has seen since its launch. The total value of projects
submitted to the Exchange is now over $115m, with $64m in this quarter alone.
2,086 projects were submitted throughout 2013, meaning on average nearly 6 projects were submitted daily,
as compared to 2 in 2012 strong
proof of the increasing adoption of the platform. The traditional Q4 holiday
season saw new projects submitted throughout Thanksgiving and Christmas, showing that scommerce
is a
24*7 proposition in the same way as ecommerce.
Projects submitted
● 719 projects in the quarter making a total of 2,086 projects in 2013 (776 projects in 2012)
● Highest ever total quarterly project values of $64.52 million
● Average submitted project value increased to $89K
With 719 projects submitted in the quarter (another quarterly record and the highest yoy
growth to date),
the total projects submitted to the Exchange in 2013 was 2,086 more
than in all previous years combined
since the Exchange was launched. The growth in submitted project values was significant the
total in this
quarter alone being three times that of the aggregate value submitted by the end of Q4 2012, and a
staggering 1509% yoy
growth.
Projects kicked off
● Projects kicked off totalled 180
● 102% yoy
growth over Q4 2012
Of the projects that kicked off in the quarter, 24% were from existing Exchange customers. Momentive, a
GE company has now run nearly 70 projects on the Exchange since it first used the Exchange in 2012.
Premium account Danone kicked off a highvalue
project in the quarter and there were two significant value
projects from India, which together with ongoing high value projects from the US, generate Exchange activity
through 2014. The total number of projects kicked off in 2013 was 579, a yoy
increase of 140% compared
with 2012.
Experts
● 3,129 new expert service providers joined in the quarter
● 82% yoy
growth of experts
Other

[hamidahamida] 05/1/2015 10:31

Erogenous Jones you've changed your tune, back in June you were a buyer and calling me harsh, as you all know they have issued a revenue warning as I thought they would. Going forward they have around $4 million worth of very old (I call it bad debt but management thinks it's not) on the books they would have to do a one time exceptional write down so another profit warning to come Guys hamidahamida - 24 Jun 2014 - 12:43 - 2429 of 2827 - 0As we have seen with profits warning and admitted by the management they are struggling to convert those submissions in to actual revenue till then wait and see. At 90p it's overpricedSp should be around 30pErogenous Jones - 24 Jun 2014 - 13:28 - 2432 of 2827 - 0hamidahamida, your comment is a little harsh. I have added to my holding with the recent issue as the environment that BLUR operate in seems like a no-brainer. What has proved difficult and continues to prove difficult is in the receipt of money.In the vertical market in which I deal, we often wait for a year for payment even with a purchase order - it makes cashflow and accounting for VAT interesting at times.hamidahamida - 24 Jun 2014 - 22:54 - 2433 of 2827 - 0Erogenous Jones, Great concept but they are struggling to execute their strategy, again in the recent Update he is banging on about pointless submissions and fails to give proper revenue figures maybe they are still struggling with conversion rates. I still think they will issue a profits warning. It's not possible to jump from reported$4.8 million revenue to market expectations of $25 million revenue for current year. Market doesn't like uncertainty which means in time Share price will drop big time. 30p share price £15 million M/Cap more realistic...

[haydock] 03/1/2015 17:29

Your comments on the new CFO please ?

He sounds the real deal from his cv.
Already cutting staff ?

[stegrego] 03/1/2015 14:24

Wow, a common sense post on here. Whatever next.

[j777j] 02/1/2015 19:40

Stick with loss making tung on 28 times revenues.Lol

[j777j] 02/1/2015 14:33

Value of Projects Submitted

$350 Million+

Projects

7,149


I would say it is doing rather well.

[haydock] 02/1/2015 10:33

Putting it into persepective: a year on:



22 January 2014
blur (Group) plc
(“blur,” the “Group” or the “Company”;)
blur blazes through $150m worth of submitted projects
Partners program grows to over 500 affiliates
blur (Group) Plc (BLUR), the technology company that’s reinventing commerce at blurgroup.com has
already notched up its first milestones of 2014.
It now has over 500 affiliates worldwide in its blur Partners program, designed to increase the reach of blur
Group’s scommerce
platform to small businesses worldwide.
As it increasingly gains traction in the enterprise, the adoption of larger multimillion
dollar projects has
happened more quickly than envisaged, and this has been further evidenced already this year as total values
of projects submitted to the Global Services Exchange has now passed $150m: $100m of which has been
submitted since September 2013. blur has also announced that the next release of its scommerce
platform, blur 4.0 is due for phase release from mid2014
providing an increasingly robust system suitable for
businesses right through to enterprise class projects and accounts.
Supporting project delivery, the number of Expert service providers globally has also passed 35,000 across
all eight of blur Group’s verticals.
Philip Letts, CEO blur Group, said “Not only did we see a strong finish to 2013 but 2014 has really seen us
quick off the blocks and creates the right start for our increasing focus on enterprise customers this year.”
For further information please contact:
blur (

Note the September 2012 fig was $50m project value.
That's $300m on the platform since, in 2.5 yrs.

It's the platform that counts.

[haydock] 31/12/2014 12:47

Reset to over $350m ??
Anyway well over 7000 now.

[haydock] 22/12/2014 14:11

As the year ends, presumably we can expect a re-set of the counters ?
Over 7000 now. Still the same cash figs ?

[yump] 18/12/2014 17:41

SOH on a par with your investment strategy, not surprisingly.

[j777j] 18/12/2014 17:21

That sums up your mind then dear.

A wet nappy.

[yump] 18/12/2014 16:55

"Increasingly comfortable"

For some reason made me remember the contented look on a baby's face when its just filled its nappy.

[haydock] 18/12/2014 12:57

J777J
Thanks for the details of the chat from the horses mouth.
Seems a better guide than the following detailed & well argued assessments, of which I now see so many on these bb's.
I wonder if they go along with the frequent share price moving tanner bets ?

[rocket fuel] 18/12/2014 12:23

just sit back, watch and learn. when the trap door opens here the share price will capitulate!

[j777j] 18/12/2014 12:20

Interesting but deeply flawed scenario.

[rocket fuel] 18/12/2014 12:05

8p price target here in less than six months (dead cert) followed by a swift dead cat bounce to c14p (that's when you might make a quick 80% turn here) the priest will be called in before crimbo 2015 and this blag outfit will be buried six foot under never to see 2016!

[j777j] 18/12/2014 11:56

Ah the disgruntled former shareholder.

[j777j] 18/12/2014 09:24

I had a decent chat with him the other day.He came across as very knowledgeable and I was left feeling increasingly comfortable with this share.He pointed out that both he and the company had done significant due diligence on each other,for a number of months.I don't think he would have joined if he didn't think blur represented a significant opportunity going forward.Incidentally the background noise was one of a very busy office.

He told me the current mantra was "Enterprise and USA first."

If they can get the USA, as it is such a huge and developed market,right, the rest will follow.Indications are that this is going to plan.