Blur Group Share Discussion Threads

[8homer] 11/2/2015 14:48

Forecasting for a new and evolving business must be very difficult as exemplified by Edison's forecast in 19 Nov 2014. They initially forecast booking of 50,000 then change to 38,000 but the company recently declared 49,000 for 2014. So next year and the year after that,s figures are all up for grabs as blur 5 is launched with more efficiency.


EDISON BLUR Forecasts updated Finding its sweet spot
Exhibit 1: Summary forecast changes
2014 2014 2015 2015 2016 2016
$000s
Old New Old New Old New
Bookings 50,000 38,000 77,723 52,250 156,391 79,800
Revenues 17,021 12,298 39,432 25,456 72,538 50,349
EBITDA (6,991) (8,303) (4,328) (4,047) 181 356
PBT(normalised) (7,575) (8,962) (5,337) (5,105) (1,377) (1,156)

[haydock] 10/2/2015 09:59

British model; Profitable but eaten alive by the shorters, every 3 months.

USA. mode: sod the profits, it's a tech stock & may be taken out for zillions !

Except my profitable ex dot com boom chip stock, USA listed has gone nowhere in 15 yrs.

It does not always come true on either mkt !

[8homer] 10/2/2015 09:44

I think the board should concentrate on making blur profitable first rather than thinking of listing in the US. Once this company show that it can multiply profit 2x or 3x each year, share price would take care of itself as we have seen in the past. Many of us are still sitting on a lost due to the initial hype and subsequent profit warning. Hope to hear earnings upgrade for 2015 and 2016, that would vanquish the doom mongers and shorters.

[haydock] 10/2/2015 08:44

Which carries most weight with the mkt ?

Given the Group's US first strategy and the strengthening of the US economy the Board will be working closely with its advisers to determine if there is an opportunity to explore a dual listing and the benefits that this may provide for the Company and our shareholders. "

Or:

the Group has put in place market leading advisers as well as implementing robust and conservative accounting and reporting processes.

At the moment the 2nd, but the 1st statement is very exciting.

[j777j] 10/2/2015 07:07

Blur Group PLC

Appointment of Deputy Chairman


RNS Number : 4606E

Blur Group PLC

10 February 2015






blur Group plc

("blur Group", the "Group" or the "Company")

Appointment of Deputy Chairman and Lead Independent Director



blur Group, an international e-commerce company that provides a better way for businesses to buy or sell services, announces that Mr David Sherriff has been appointed to the position of Deputy Chairman and Lead Independent Director with immediate effect.

David Sherriff, who has been a Non-Executive Director of the Company since 1 October 2013, has 25 years' experience in the technology industry, most recently as Chief Executive Officer of Microgen plc where he held a board position for 8 of his 14 years with the business. Much of his career has been focused on growing public, international technology companies and he was instrumental in growing ECsoft Group in the mid-90s. As well as his significant knowledge of blur Group, David Sherriff brings valuable senior board director experience to the role.

As well as further strengthening Board governance, David Sherriff will be working with the Board to explore the options available to the Group with regards to increasing the Company's profile and providing further growth and investment opportunities for both current and future shareholders. This includes considering the possibility of dual listing the Company's shares on the OTCQX Market in the United States ("US") to complement its current listing on the AIM market of the London Stock Exchange. No decision has been made regarding timing or on whether a dual listing will take place and the Board of Directors will continue to consider the overall board composition as the Group continues to evolve and update shareholders in due course in this respect.

Philip Letts, blur Group CEO, commented:

"We are pleased to welcome David Sherriff as Deputy Chairman and Lead Independent Director to the blur Group Board. This appointment, combined with the recent appointment of our new CFO and KPMG as the Group's auditors, further demonstrates the continuing maturity of the Group. The US is proving to be our largest market and we are making good progress driving into the largest businesses in the world on the buy and sell side. Given the Group's US first strategy and the strengthening of the US economy the Board will be working closely with its advisers to determine if there is an opportunity to explore a dual listing and the benefits that this may provide for the Company and our shareholders. "

Commenting on his appointment David Sherriff added:

"I am excited to be taking on this role at such a key time in the development of the Group. We have worked hard in the last year to industrialise blur Group's platform and this is shown by the increasing take up of enterprise customers across our target geographies and market sectors especially in the US. In conjunction with the growing commercial success the Group has put in place market leading advisers as well as implementing robust and conservative accounting and reporting processes. I look forward to working with the Board in my new capacity to help realise the full market potential of blur Group and to continue to deliver value to our customers, staff and shareholders alike".

[j777j] 05/2/2015 12:37

The delightful Sarah Williams,Blur's head of EMEA sales makes the case about why Blur will be such a spectacular investment.Namely,using the Blur platfrom can save businesses between 24% to 40%.






Oh and if Blur 5.0 has anything like the effect the launch of Bur 4.0 had,expect this platform to multiply exponentially,going forward.

[stegrego] 04/2/2015 19:45

Letts concludes: "blur 5.0 is a big leap forward and a key pillar of our strategy to become a Size Zero enterprise, achieving more with less."

Size zero is where the share price will end up.

Never read so much BS Bingo in my life.

[j777j] 04/2/2015 09:20

Oh and they have significantly upgraded the website with actual customer experiences explained.





All sounding very positive.A multi bagger in the making.

[j777j] 04/2/2015 09:08

Blur Group PLC

SERVICES PURCHASING AUTOMATED WITH BLUR 5.0


RNS Number : 9672D

Blur Group PLC

04 February 2015








blur Group plc

("blur," the "Group" or the "Company")



SERVICES PURCHASING AUTOMATED WITH BLUR 5.0



4 February, 2015: blur Group, the international e-commerce company providing a better way for businesses to buy or sell services, is releasing the latest upgrade of its e-commerce platform. blur 5.0 enables automation of the pitch selection process shaving weeks off of the time taken by businesses to find a solution that fits their exact requirements.



The release of blur 5.0 removes the need to wade through dozens of tender documents to shortlist the best supplier pitches.



Instead, the shortlist will be generated by the machine intelligence capabilities of blur Sense™ which uses a set of proprietary algorithms to automatically match suppliers and their pitches with the requirements of the brief. Further enhancements will see full scanning of pitch documents to provide an accurate shortlist of the top three tenders.



As well as shortening the pitch process for clients, the new technology will allow blur's business to scale more rapidly with fewer man hours consumed shortlisting pitches that right now, can run into hundreds per project brief.



The new release also brings improved notification and messaging services, allowing customers and service providers to communicate better within the platform. Both buyers and sellers will be kept up to date and prompted to take action on their project through the introduction of key notifications throughout the entire project life cycle.



Collaboration also takes a stride forward with the implementation of on-platform messaging enabling both buyers and sellers to freely communicate about their project without the need to use separate e-mail or instant messaging tools.



This combination of both notification and messaging systems further enhances the security and viability of project progress.



The initial update sees the integration of service provider community features within the seller dashboard. All blogs, groups and other features will now sit within the main home screen.



blur CEO Philip Letts said: "blur 5.0 represents a big move towards the emergence of the first generation of ERP (Enterprise Resource Planning) platforms specifically designed for services. Later this year we will release an API (Application Programming Interface) so that blur 5.0 will integrate easily with other enterprise software platforms.



Letts concludes: "blur 5.0 is a big leap forward and a key pillar of our strategy to become a Size Zero enterprise, achieving more with less."

[hamidahamida] 02/2/2015 20:52

How long does it take a normal business to collect its bills? It is probably 30-40 days. At the year-end, most companies attempt to window dress their cash balances by collecting as many bills as they can so you can bet that the year-end trade receivables is pretty much the low point for the year. In some industries, payment terms can be longer than others and so the sanity check here is to compare trade receivables to annual revenue to work out how long on average it takes to collect bills. If the figure is far higher, it asks the question of whether revenue is being booked either aggressively (ahead of time) or with customers who simply will not pay. That would serve to inflate profits. And as such this is an obvious Red Flag.TW

[j777j] 02/2/2015 10:25

Ask how his heavy loss making tung is doing.

[haydock] 02/2/2015 10:16

Good morning E.J.

I see you are ploughing your usual very conservative furrow.
Not to say you are not quite right.

However if I asked you to join the dreamers for once & imagine that the platform has a value far ahead of the current listed value of Blur.

If the platform was to be bought by a company that can afford to hire the correct quality of staff & no limit to the cash it can throw at the project.
Could you stomach the idea that Blur might be taken out for a significant figure?

Pie in the sky, or a hint of possibility ? What would your buy out fig look like & is this a viable pipe dream ?

Or would you like me still never buy Amazon ?

[haydock] 02/2/2015 09:33

Never did learn to copy charts.
If anybody wants a treat look at the Japanese charts:

hxxp://www.ichimokutrader.com/

Everything rocketing in the right place !

[tracy_moore] 02/2/2015 08:26

hamidahamida 2 Feb'15 - 08:23 - 2936 of 2937 0 0 (Filtered)

[tracy_moore] 02/2/2015 08:25

Lol, you're not getting much of a response here either, it must be you . See ya !

[hamidahamida] 02/2/2015 08:23

Tom is right in saying they haven't given any meaning full numbers it's matter of trust with this management investor confidence is shattered I have personally emailed them few times asking them to clarify few things but not a single response

[hamidahamida] 02/2/2015 08:17

Dead cat bounce