Blur Group Share Discussion Threads

[hamidahamida] 19/1/2015 23:26

blur Group – reasons to remain bearish as Edison updatesBy Steve Moore | Monday 19 January 2015Shares in provider of an online platform for the provision of services, blur Group (BLUR) have now declined to sub 50p - having been circa 730p a year ago. The following reviews post a trading update last week and now an update from Edison Investment Research.Edison notes that blur "expects results for 2014 to be in line with consensus" (omitting that forecasts were reduced sharply as recently as November) and that a new $17 million four-year project "provides support to our forecast $14m increase in bookings in 2015 (30% of the growth if delivered evenly over the period as expected)". However, it only leaves forecasts unchanged – stating that "the ultimate share attributable to blur will depend upon the total value of sponsorship raised, and its cut – for larger deals in this vertical, there tends to be some flexibility on blur's standard 20% share".This thus looks to further support my view of last week and I reiterate that cash is something to watch here – the recent "currently the group has the cash resources to sustain it through to profitability and positive cash flow" comparing to November's that "the group has cash resources of $20m to comfortably sustain it through to profitability and cash flow positive".I have been bearish since first reviewing here at more than 300p in April and will likely remain cautious whilst concerns over financial visibility and an obvious preference for spin rather than explaining the operational reality to most investors remain. With a present market cap of still more than £23 million, I currently remain bearish here. SELLFiled under:blur cash edison sharesNever miss a story Get Alerts on BLURSpreadbet long or short on BLUR HEREThis area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.More on BLURblur Group – reasons to remain bearish as Edison updatesblur Group – 2014 trading update means its presentational sleight of hand time againblur Group – bullish (paid) researcher can't hide the problems ( but tries)blur Group – don't let more presentational sleight of hand disguise the financial visibility realityblur Group – interim results a lesson in why 'revenue' and 'earnings' are vanity & cash flow is the realityComments1 commentsARAN19 January 2015, 17:10I say BUY !! BULLISHEnter your comment below. Fields marked * are required. You must preview your comment first before finally posting.Your name Email address (Not displayed) Website RememberMessage

[hamidahamida] 19/1/2015 16:58

EJThat is a big problem then if they are struggling to get the money!!

[hamidahamida] 19/1/2015 09:18

Question to The Board of Warning prone Blur groupYou guys haven't bought any shares in the open market is it because you think it is still overpriced at 50p or due have more skeletons like suggested by your broker who you paid to write a report even they are suggesting bad debit write downs and they flagged towards your failure to collect money.

[hamidahamida] 16/1/2015 20:30

Looking for capitulation

[jeffcranbounre] 16/1/2015 19:29

Nanoco is featured on today's ADVFN podcast.

To listen to the podcast click here>

In today's podcast:

- Technical Analyst and PR at Materinvestor.co.uk Zak Mir chatting and charting Quindell and it’s good news if you’re Quindell investor, Nanoco, Afren, Blur and should you invest in BP or Royal Dutch Shell?

Zak on Twitter is @ZaksTradingCafe

- And the micro and macro news including:

Quindell #QPP
Afren #AFR
Royal Bank of Scotland #RBS
Blur #BLUR
Nanoco #NANO
BP #BP.
Royal Dutch Shell #RDSB
Moneysupermarket.com #MONY
GlaxoSmithKline #GSK
Synthomer #SYNT
JD Sports #JD.
HSBC #HSBA
Google #GOOG
Standard Chartered #STAN
Vedanta Resources #VED
MyCelx Technologies #MYXR
IG Group #IGG
Shire #SHP
AstraZeneca #AZN
Smith (DS) #SMIN
Dignity #DTY
Tristel #TSTL
Lancashire #LRE
Wolseley #WOS
Robert Walters #RWA

Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below.



(All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below:



(Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

You can subscribe to this podcast in iTunes by clicking

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As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions:

Bronze - £50 (normally £73.82/year)
Silver - £145 (normally £173.71/year)
Level 2 - £350 (normally £472.94/year)

Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just for more information.

Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing.

Justin

 

 

[jeffcranbounre] 16/1/2015 19:29

Blur is featured on today's ADVFN podcast.

To listen to the podcast click here>

In today's podcast:

- Technical Analyst and PR at Materinvestor.co.uk Zak Mir chatting and charting Quindell and it’s good news if you’re Quindell investor, Nanoco, Afren, Blur and should you invest in BP or Royal Dutch Shell?

Zak on Twitter is @ZaksTradingCafe

- And the micro and macro news including:

Quindell #QPP
Afren #AFR
Royal Bank of Scotland #RBS
Blur #BLUR
Nanoco #NANO
BP #BP.
Royal Dutch Shell #RDSB
Moneysupermarket.com #MONY
GlaxoSmithKline #GSK
Synthomer #SYNT
JD Sports #JD.
HSBC #HSBA
Google #GOOG
Standard Chartered #STAN
Vedanta Resources #VED
MyCelx Technologies #MYXR
IG Group #IGG
Shire #SHP
AstraZeneca #AZN
Smith (DS) #SMIN
Dignity #DTY
Tristel #TSTL
Lancashire #LRE
Wolseley #WOS
Robert Walters #RWA

Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below.



(All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below:



(Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

You can subscribe to this podcast in iTunes by clicking

To follow me on Twitter click

As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions:

Bronze - £50 (normally £73.82/year)
Silver - £145 (normally £173.71/year)
Level 2 - £350 (normally £472.94/year)

Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just for more information.

Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing.

Justin

 

 

[haydock] 15/1/2015 15:44

No point doing the interview if you have not done the presenter research in the first place.
Very poor, but some very bullish points, as we would expect, but no song & dance, unlike last yr.

[proactivest] 15/1/2015 14:17

Video interview with COO Stephen Harvey

Stephen Harvey, the chief financial officer of blur Group (LON:BLUR), says the group is confident it can reach profitability – expected in the fourth quarter of 2015 – with its existing cash resources.

[haydock] 15/1/2015 13:24

---
The e-commerce group blur (LON:BLUR) said its 2014 results should be in line with market expectations.

The crowd-sourcing leader said it remains on course to break even at the underlying earnings (EBITDA) level in the final quarter of 2015, and to achieve positive cash flow in the first quarter of next year.

The trading update also contained the announcement of a new project on its business services platform that has a projected value of around US$17mln over a four-year period.

The project brief has been placed by a new customer to blur that is seeking to raise sponsorship and investment for an independent cycling team.

"The continued adoption of the blur platform by enterprise customers, including by this latest new customer, is a very exciting confirmation of the robustness and flexibility of the blur platform,” asserted Philip Letts, chief executive officer of blur.

“This follows our recent announcements that we have added enterprise customers including Thales, South West Water, Realtek Semiconductor Corp, Argos and Tesco to the platform, and I am pleased to see yet more evidence of take-up at the highest levels," he added.

Broker N+1 Singer said the new project, together with the rate at which enterprises are adopting the platform, provide “highly encouraging signs of the group’s traction to sustained profitability”.

Shares in blur were up 0.9% at 55p in lunchtime trading.

[haydock] 15/1/2015 10:33

Exactly the name of the game the CFO will be playing, if we are trading well.

Agreed we cannot know until the figs are approved by the accountants, but this looks to be the model.
Under estimate & beat it is the approved plan.

Patience.

[salpara111] 15/1/2015 09:55

Until they release a trading statement that says "ahead of expectations" the share price will continue to drift I guess.
If this model is successful (and that is still an "IF") this will be a great investment but the beauty of the current situation is that you don't need to be invested until that time arrives.

[hamidahamida] 15/1/2015 09:01

Potential investors need to see Directors Buying Shares

[hamidahamida] 15/1/2015 08:36

Is this a new $17 million project or old one kicking off today

[hamidahamida] 15/1/2015 08:31

12/13 actual revenue delivered $4.8million12/14 current year forecast confirmed today $12.3million (120%) GrowthNext year revenue forecast 12/15e forecast $25.5million

[stuart37] 15/1/2015 08:08

All still on track then according to the TU - nice $17m contract to boot. Seems like some lost the faith yesterday and bailed - few nosey buyers coming in early on the back of the TU so we'll see what occurs today!

[bookbroker] 14/1/2015 17:38

Phil Letts must be feeling pretty relieved he got £4m out of the co. Sept2013, even if he took nout on the float, cos. like this are a tragedy really when you look back twelve months to the day, it's just shocking to see! Unfortunate for the staff , who are all quite young by the sounds of it, and I imagine green, they are probably just happy to have a job that pays them to enjoy themselves. Personally this co. has wasted a lot of money trying to be like a US tech. with large communal areas for just gassing about what their plans are for the weekend, and Spurrier is someone who I find very strange, Letts must have wanted a load of brown-nosers around him to ensure they treated him like the second-coming!

[hamidahamida] 14/1/2015 14:22

Good business concept poor management execution so farLet's if they can deliver on current revenue expectations it's been slashed from $25 million revenue to $12 millionNo room for failure

[hamidahamida] 14/1/2015 14:14

Pointless submission or should I say submissions for quotations means nothing It's the actual revenue that counts which they have fail to deliver and hence Two Revenue & Profits Warnings They are also failing to collect money for the work they have done $4 million bad debit on the books Fundamentals go out of the window when you read up the failure of the management to deliver on expectations

[droid] 14/1/2015 12:59

Just shows how fundamentals count for nothing in a bear market. I monitor the number of projects going through on a weekly basis and they are significantly up at the start of the year. Will have to see if it is a seasonal blip.

[salpara111] 14/1/2015 12:46

keeping an eye on this but not yet time to take a stake.

[fromtheblue] 14/1/2015 10:55

Down nearly 10% on low volume. Bad news on the way??