Blur Group Share Discussion Threads

[wskill] 25/6/2014 05:34

No bashing here then I saw the same in MOS from 3p to 90p when they do start converting more you will not buy these at this level that is for sure.
Rome was not built in one day .

[hamidahamida] 24/6/2014 22:54

Erogenous 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...

[fromtheblue] 24/6/2014 13:23

Only watching now to see if they can grow the number of projects and convert them into meaningful revenue. Year on year June figures show only a 20-30% increase in listed projects and only a small increase in listed project totals. Still time to get the numbers up as another week to go, but nowhere near the growth rates we were seeing at the end of last year.

[j777j] 24/6/2014 13:03

Interesting that both ex shareholders and ex smokers become the most bitter critics.Funny old world.

[hamidahamida] 24/6/2014 12:43

As 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 30p

[haydock] 24/6/2014 09:45

Putting things into perspective :

Key moments
2007
As the world starts to talk about crowdsourcing, blur does it with the first of its expert crowds

2010
With crowds now in the thousands, blur opens for business with its first creative projects being briefed

2011
The first version of its trading platform for customers and experts goes live. blur adds a number of new services verticals

2013
blur opens a new Global HQ and builds regional operations and s-commerce becomes an industry watchword


Now the really relevant part:

2012
blur goes public with an IPO in London and the number of projects passes 1,000
2014
blur Group announces version 4.0 of its s-commerce platform as it passes $200m of project values

May 2014 saw the submission of the 5,000th project to the Exchange and total project values submitted to date have passed $270m.

That's a 500% increase in the projects in 2 yrs.

[haydock] 24/6/2014 09:38

Funny that I looked at Blur through Sage tinted glasses, when I first saw it.
Cost me a fortune so far !

[wskill] 24/6/2014 09:08

Yes also my kind of waffle $270m of projects is excellent I can see BLUR being taken over it would fit in very well with SAGE as another offering not sure if SAGE use BLUR yet if they have I am sure they watch with interest.

[j777j] 24/6/2014 08:55

Now $272 million keep calm and carry on.Last price target I have seen 250p.

[haydock] 24/6/2014 08:44

My kind of waffle.

"The first quarter of 2014 showed that blur Group continued to make significant progress with high growth in the volume of submitted projects, greater penetration into global markets, and a broadening of the services available through the platform with the introduction of HR and Video categories.

"The launch of blur 4.0 at the beginning of the second quarter provided a unified browsing experience from any device as well as building on the platform's capability to support enterprise class projects as they continue to grow. May 2014 saw the submission of the 5,000th project to the Exchange and total project values submitted to date have passed $270m.

[hamidahamida] 24/6/2014 08:34

Again no meaningful numbers just waffle noway this company should be worth 44million

[mstate] 17/6/2014 09:14

They pay for physical stuff but software is apparently free in China

[j777j] 16/6/2014 14:47

Hmm China has been a goldmine for companies.

[stegrego] 16/6/2014 12:44

China - sounds like a disaster waiting to happen....

If they thought revenue recognition was hard elsewhere, wait till you try to get the Chinese to pay for anything.....

[supersturrock] 16/6/2014 12:42

Quite a few projects now coming through from China and Australia I notice.

[j777j] 12/6/2014 16:10

Nice instis on board

[stegrego] 11/6/2014 17:12

Losses.
Then more losses.

[hamidahamida] 11/6/2014 16:02

What's the broker forecast for the current year??

[milesoffshore] 11/6/2014 06:45

J777J 10 Jun'14 - 18:15 - 2410 of 2413 0 0

Presumably the above poster is on the wrong thread.

Really!

" I was told to focus 100% on the business and the shareprice will take care of itself " Well if that's the case his 'focus' has wrecked the shares price and he needs to go

However I would say that its the other way round, his focus has been on the share price and NOT the business as he is all over twitter and youtube etc telling a story, issues spurious (and factually incorrect) RNSs and is happy to slot 900k shares at £4...thanks for coming!!

[supersturrock] 10/6/2014 20:12

They appear to be the first tenant on Exeter Science Park which is a stone's throw from the M5. I suspect they therefore got a very good deal. Superb location.

[hazl] 10/6/2014 18:55

thanks supersturrock for feedback still have a few here

[j777j] 10/6/2014 18:15

Presumably the above poster is on the wrong thread.Many thanks for the Egm input.I look forward to seeing progress on all fronts.