Blur Group Share Discussion Threads

[dusseldorf] 08/3/2017 07:56

landmark2 - previous prices are irrelevant - there have been dilutions and the business model has changed. The most important thing investors need to be aware of is the company is losing £750k every 3 months (though hopefully that is improving) and runs out of cash in July. This means they need a substantial cash injection to keep moving - I think at least £5m.

Any 'new' deal revenue even if received 'today' will not be shown into reported results until this time next year.

The trading numbers are not sufficient for any bank facility (put simply they cannot afford capital repayments) so IMO this means only equity placement/dilution is possible - hence price manipulation.

[landmark2] 08/3/2017 06:39

People so called ( stuck in ) at 23 plus, don't need to worry for a second, when this deal goes through, people will be wishing they could get in at this sort of price, the share will be so far north of that . Three yrs ago the shares were trading around £5, and they weren't sitting on a deal of anywhere near this size.

[zico01] 08/3/2017 00:00

Daily Mail: STOCK WATCH - BLUR GROUP


Blur Group saw its share price more than double as it revealed a potential deal with a global electronics group.

Blur provides software which helps businesses source goods and services. It said it was in the final stages of negotiations with a global group for a programme which would be used across three regions.

If successful it could lead to a multi-year, multi-million dollar roll out of Blur’s software.

Excitement around the deal saw shares rocket 118.2 per cent, or 8.1p, to 15p.

[zico01] 07/3/2017 23:01

blur soars as it closes in on landmark customer win
Share
15:05 07 Mar 2017
The shares rocketed on news that more than a year's worth of work looks like paying off in the form of a big customer signing up
Circuit board
The customer was not named ... but it sounds like it's a biggie
Shares in blur Group PLC (LON:BLUR) were the best performers in London Tuesday as the group moved a step closer to adding a big name to the user base.

Shares were up 150% at 17.14p in afternoon trading, having risen as high as 26.5p at one point, after the e-commerce enabler said it had entered into final negotiations with a global electronics group for a multiple six figure on-boarding programme across three territories.

It has been a prolonged courtship. Blur revealed it has worked with this prospective customer for more than a year, defining and tailoring a programme that seeks to embed the benefits of blur's indirect spend platform into the electronic group’s current business processes.

All being well, the negotiations should conclude in the coming weeks.

"Our solution is easy and quick to implement, delivering improved efficiency and transparency to procurement processes,” said Philip Letts, chief executive officer of blur.

"We are committed to delivering a successful programme for this client and to deepening our partnership with them in the long term," he added.

Proactive Investors called Tim Allen, chief financial officer, expecting to hear party poppers and clinking glasses in the background, but Allen said he was keeping his feet on the ground.

“It’s best not to get too down when things don’t go well and too excited when things do,” was the gist of the message from Allen, who possibly had a copy of Rudyard Kipling’s poem “If” by his side as he spoke.

More seriously, Allen said the unnamed electronics group was just one of a number of big companies – “household names in some circumstances” – that the group was speaking to about helping them reduce their indirect spend.

Allen was even kind enough to explain the difference between direct spend – things such as raw materials and marketing expenditure – and indirect spend – largely those support functions, such as information technology.

“The established players in the market are focused on direct spend, but we offer enterprises something not readily available in the market, which is the chance to substantially reduce indirect spend,” Allen said.

Blur’s proposition appeals because in many cases, especially in large corporations, it is difficult to get a handle on just how much is being spent and by whom.

Making the business case is a drawn-out process, however, as the aforementioned year-long (and then some) consultation period proves, but today’s news should open more doors for blur.

It also justifies the change in strategy embarked upon six or seven quarters back to focus more on the enterprise market, i.e. larger companies.

“We always said it was going to be a long haul. We knew at the time there would be no quick wins,” Allen said.

Share

[deltalo] 07/3/2017 16:41

Look at the 5 year chart. Cant even see todays rise. With the news we got today we should se a huge rise from here.

[dusseldorf] 07/3/2017 16:17

J777J - Whether BLUR succeeds is irrelevant to me as I have no position and ultimately don't really care for the same reason, so no jealousy - well done if you took some money out. Take my advice and wait for funding to be completed before even considering putting any of that cash back in.

All I care about is that people make informed decisions on stocks where the big boys are out to rinse PI's.

[homer8] 07/3/2017 16:08

There is a copy of Investor Presentation on the Blur web site (investor page) dated 20 Feb17 for those that miss it, like me. Very interesting stuff.

[j777j] 07/3/2017 16:02

An interesting insight into the bitterness and jealousy of former and non investors.


I sold a chunk at 26p today will watch events.


The champagne on ice.

[dusseldorf] 07/3/2017 16:00

miahkaysor - 15p the lowest price? no, it will go lower. If you mean placement, I believe 5-7.5p for £5m will be coming.

[miahkaysor] 07/3/2017 15:55

Is that the lowest?

[bookbroker] 07/3/2017 15:35

Now's the time for a placing, raise £5mln at 5 pence a share!

[latifs100] 07/3/2017 15:34

pump n dump.. need 99p to break even

[kemche] 07/3/2017 15:32

One hour to go. Remember, women and children first!

[kemche] 07/3/2017 15:28

Numptastic stuff:

sm97 Mar '17 - 12:15 - 3645 of 3657 0 2
watch... and you try buying any decent amount and you will be waiting a long while until this order if filled and min 30p today this will climb and climb the more details we get..its just the tip of the iceberg...

[kemche] 07/3/2017 15:21

I am not going to get my 800p?

Oh bum!

[bookbroker] 07/3/2017 15:06

I'm not, just drawing a comparison to those who think Blur will hit £8 again, unlikely with all the dilution!

[dusseldorf] 07/3/2017 14:58

Buying CPR? people will need to be performing CPR on their BLUR purchases in a few days.

If we're all in the promoting other stocks as people think this one is done for now phase look at LCG - "the immediate impact of the UK's vote to leave the EU has been materially positive for the Company in terms of both revenues and profitability. " results end April ;).

[bookbroker] 07/3/2017 14:53

Better off buying CPR., you know they are seeing a like for like increase in sales, and everyone needs a new carpet now and again, what's more they £6 a year or two back!

[bookbroker] 07/3/2017 14:42

I see that legal deal is on their platform valued at £2mln., why does the company simply not ask Amazon Web Services to manage their documentation, they at least have the capacity!

[bookbroker] 07/3/2017 14:38

These deals sound like a load of hot air, still someone is managing to recoup all of their losses from the last five years!

[ny boy] 07/3/2017 13:56

Twaintwix, ONEV looks interesting on the pull back, will do some due diligence over the coming days. Tks

I was looking at these a few weeks ago but never got in but I will certainly watch them,to see how they pan out over the coming weeks.

[colin12345678] 07/3/2017 13:51

ROSE MASSIVE NEWS JUST IN

[kemche] 07/3/2017 12:43

sm, Are you typing that with a straight face?