Blur Group Share Discussion Threads

[angus17] 07/7/2017 09:53

Torotrak beats that fall. Afraid the personal investors are there to be scammed.

[al h] 07/7/2017 09:36

800p to 1.75p. Hardly an AIM record but certainly up there. Got to wonder how the monkey scum ever allowed pricing anywhere near the 800p level, it was never remotely justified.

[bookbroker] 07/7/2017 09:15

Needs the dough!

[j777j] 07/7/2017 09:07

I see Lents has opened his newly acquired Devon home to wedding events.Having trousered £3.8million from sale of blur shares.

[bookbroker] 07/7/2017 08:24

Why does the company need three non-exec. directors, is it because they are hell-bent on wasting money!

[dusseldorf] 07/7/2017 08:13

I thought I was helping people out at 19>15>10p saying a discounted placement was coming and would be no higher than 5-7.5p. I guess I was right in that a discounted placement was no higher than, but 1.75p values the existing business at about £800k - no more than a shell listing and effectively worthless - lower than even my pessimistic view. I also don't think the funding is sufficient for more than 10 months.

If share price movements look fishy, they generally are...

Glad I stuck to my instinct. A shame if you've lost money, but the warning signs were clearly signposted on this one.

[j777j] 07/7/2017 07:56

New heavyweight management team parachuted in.Lives to fight another day.

[kemche] 07/7/2017 07:09

Another J7 special delivered. What a shocker!

[kemche] 27/6/2017 23:24

Possibly as a concern that has gone.

[ryry0707] 27/6/2017 22:46

Do we think the auditors will sign this off as a going concern?

[bookbroker] 27/6/2017 18:55

End of year, and this co. will be toast!

[kemche] 27/6/2017 17:33

J7, Are Amazon no longer going to buy this POS?

[dusseldorf] 23/6/2017 08:43

Erogenous Jones - It's a fair point re:business model. I guess my point is that it appears the Directors 'turned down' funding offers (presumably due to dilution impact) and believe they have a plan b. It's only a dead duck if the funding fails (or perhaps they delist) otherwise we'll continue to watch the death spiral for a year or so more one would assume.

[kemche] 23/6/2017 08:04

It may not be a dead duck yet but the cucumber, plum sauce and pancakes are being prepared in earnest.

[jonc] 23/6/2017 07:58

It's not a dead duck. It is about to become a Dodo.

[dusseldorf] 23/6/2017 07:53

Looks like they've fallen out with the 'white knight' investor - bear in mind he bought majority of his stock at 3.5p/share.

What alternative funding sources? the company has burnt through about $40m+ in 5 years with little sight (to date) of improved cash burn - who's going to lend to them?

Not here to gloat, but I hope some of you heeded my advice that any placement was always going to be at a discount and that the company is insolvent without funding.

I don't think it's quite a dead duck, but the next 2 months are crucial to it's survival.

[kemche] 23/6/2017 07:51

How many warnings were given here. The curse of J7 strikes again. A 100% record maintained.