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Blur Group (BLUR)
dreamcatcher
- 31 Jul 2013 18:00
blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. As of July 2013, more than 30,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work. 100 projects per month from companies like Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco are received. Over the same time, average brief value has grown from around US$1,500 in 2010 to US$10,800 in the first quarter of 2013. By mid-2013, more than 2,200 projects had been submitted with a combined value of over US$35 million. These have come from the US, UK, Europe, Africa and Asia with over 28,000 expert service providers on eight exchanges responding to them
http://blurgroup.com/
dreamcatcher
- 31 Jul 2013 18:27
- 2 of 471
blur Group poised to become leader in US$1,100bn market
By John Harrington July 31 2013, 10:18am While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.
Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” post Janardon Menon and Eoin Lambe at Liberum.
“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers note.
Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.
“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advises.
It has a target price of 400p and says the stock is attractively priced versus its peers.
By John Harrington July 31 2013, 10:18am While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.
Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” post Janardon Menon and Eoin Lambe at Liberum.
“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers note.
Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.
“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advises.
It has a target price of 400p and says the stock is attractively priced versus its peers.
dreamcatcher
- 31 Jul 2013 18:31
- 3 of 471
MIDAS SHARE TIPS: Shares in our technology tip Blur treble as City tunes in to group's potential
By Joanne Hart, Financial Mail On Sunday
PUBLISHED: 22:34, 20 July 2013 | UPDATED: 22:34, 20 July 2013
Blue is another firm at the forefront of technology with plenty of potential for growth. It runs a sophisticated online labour exchange, matching companies that need services with firms or individuals who can provide them.
It focuses on areas such as marketing, design, technology, law and accounting, and more than 28,000 specialists in these sectors have signed up to be part of Blur’s exchange.
Companies seeking help in these sectors put specific projects on the exchange, experts pitch for these online, a shortlist is drawn up and a company or individual is chosen to do the project.
Currently, Blur employees help in the selection process, but most of it takes place using technology. Chief executive Philip Letts says the process makes it simpler and cheaper for companies to manage projects and ensures that the end results are better than with traditional methods, which tend to involve either networks of contacts or laborious recruitment processes.
Project: Holiday resort group Butlins is a Blur client
Blur’s results suggest Letts is right. Since formal launch in 2010, more than 2,000 projects have been completed and clients include Butlins, language education group Berlitz, and betting group Coral.
Momentum is growing fast. In the three months to June 30, 410 new projects were submitted, against 182 in the same quarter last year.
More...
MIDAS SHARE TIPS: Video technology firm grabs eye of BBC and YouTube
The value of these projects tripled to more than £6million and the average project value doubled to £15,000.
The City appreciates this type of growth so Blur is one of the bestperforming shares of 2013. Recommended by Midas last December at 741⁄2p, the stock has more than tripled in value since to 274p.
Midas update: This year firms are expected to spend about £25million on professional services through Blur, a tiny fraction of the £1trillion that is spent globally each year. Yet Blur is expanding fast and every time a project is completed, the company gets a cut, so turnover should escalate over time. This is a fast-growing business that could really take off over the next three years. Investors should keep at least 75 per cent of their shares, while new ones could still see value at current levels.
By Joanne Hart, Financial Mail On Sunday
PUBLISHED: 22:34, 20 July 2013 | UPDATED: 22:34, 20 July 2013
Blue is another firm at the forefront of technology with plenty of potential for growth. It runs a sophisticated online labour exchange, matching companies that need services with firms or individuals who can provide them.
It focuses on areas such as marketing, design, technology, law and accounting, and more than 28,000 specialists in these sectors have signed up to be part of Blur’s exchange.
Companies seeking help in these sectors put specific projects on the exchange, experts pitch for these online, a shortlist is drawn up and a company or individual is chosen to do the project.
Currently, Blur employees help in the selection process, but most of it takes place using technology. Chief executive Philip Letts says the process makes it simpler and cheaper for companies to manage projects and ensures that the end results are better than with traditional methods, which tend to involve either networks of contacts or laborious recruitment processes.
Project: Holiday resort group Butlins is a Blur client
Blur’s results suggest Letts is right. Since formal launch in 2010, more than 2,000 projects have been completed and clients include Butlins, language education group Berlitz, and betting group Coral.
Momentum is growing fast. In the three months to June 30, 410 new projects were submitted, against 182 in the same quarter last year.
More...
MIDAS SHARE TIPS: Video technology firm grabs eye of BBC and YouTube
The value of these projects tripled to more than £6million and the average project value doubled to £15,000.
The City appreciates this type of growth so Blur is one of the bestperforming shares of 2013. Recommended by Midas last December at 741⁄2p, the stock has more than tripled in value since to 274p.
Midas update: This year firms are expected to spend about £25million on professional services through Blur, a tiny fraction of the £1trillion that is spent globally each year. Yet Blur is expanding fast and every time a project is completed, the company gets a cut, so turnover should escalate over time. This is a fast-growing business that could really take off over the next three years. Investors should keep at least 75 per cent of their shares, while new ones could still see value at current levels.
dreamcatcher
- 31 Jul 2013 18:36
- 4 of 471
Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” Liberum’s Janardon Menon and Eoin Lambe said.
“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers noted.
Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.
“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advised.
It has a target price of 400p and says the stock is attractively priced versus its peers.
http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13714/broker-round-up-ii-immupharma-blur-group-statpro-13714.html
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” Liberum’s Janardon Menon and Eoin Lambe said.
“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers noted.
Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.
“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advised.
It has a target price of 400p and says the stock is attractively priced versus its peers.
http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13714/broker-round-up-ii-immupharma-blur-group-statpro-13714.html
dreamcatcher
- 31 Jul 2013 18:38
- 5 of 471
31 Jul Liberum Capital 400.00 Buy
dreamcatcher
- 31 Jul 2013 22:52
- 6 of 471
dreamcatcher
- 31 Jul 2013 22:55
- 7 of 471
Trading Update
RNS
RNS Number : 9928J
blur (Group) plc
24 July 2013
blur (Group) plc
("blur" the "Group" or the "Company")
Trading Update
blur (Group) Plc (BLUR), the technology company that's reinventing commerce at blurgroup.com, confirms strong revenue growth in the first half of the year to 30 June 2013. The management is pleased that the growth of the business is developing to plan and the Board is therefore confident of a positive outcome to the year.
The Company has seen a further acceleration at the start of Q3. Total projects on the exchange have reached over 2,300 with the total value of projects submitted above $36 million. There are now over 30,000 businesses using the Global Services Exchange with almost 1,200 new businesses adopting blur's s-commerce platform on a monthly basis.
blur has this month opened its first regional Exchange Support team in Dallas, supporting the strong US growth seen to date, and begun hiring at its new R&D Centre in Exeter, UK.
Philip Letts, CEO blur Group commented, "As indicated by our strong Q1 and Q2 metrics, we have had an excellent start to the year and the Board is confident this will result in a positive outcome for the year as a whole. We are using the funds from the recent secondary fundraise to invest in further infrastructure to support accelerated growth and are delighted to welcome new members of the team at our new R&D Centre in Exeter and Exchange Support team in Dallas. We are confident that we have the right proposition and people to capitalise on our first mover advantage in the $2 trillion+ s-commerce marketplace."
-ENDS-
dreamcatcher
- 01 Aug 2013 17:56
- 8 of 471
A buy in this weeks Shares.One of five summer scorchers.
Global services exchange business blur (BLUR:AIM) came out of the blocks a little slowly but the shares have been on a Usain Bolt-likesprint through 2013.Blur is attempting to become the amazon of professional service, with a vision that coud see as many as 100,000 briefs flowing across its platform by 2020. The share could fire to 350p and beyond.
Global services exchange business blur (BLUR:AIM) came out of the blocks a little slowly but the shares have been on a Usain Bolt-likesprint through 2013.Blur is attempting to become the amazon of professional service, with a vision that coud see as many as 100,000 briefs flowing across its platform by 2020. The share could fire to 350p and beyond.
dreamcatcher
- 06 Aug 2013 17:28
- 9 of 471
Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 292.00. Since the IPO on Oct 05, 2012, the share price is up 244.54%.
dreamcatcher
- 07 Aug 2013 07:07
- 10 of 471
Increase in Global Services Exchange project bands
RNS
RNS Number : 1132L
blur (Group) plc
07 August 2013
7 August 2013
blur (Group) Plc
("blur Group" or the "Company")
blur Group steps up to deliver $5m+ projects
blur Group - the company that is reinventing commerce at blurgroup.com - today announces that it will be increasing the project bands on the Global Services Exchange to receive projects over $5m, ahead of schedule.
When blur 3.0 was launched in April 2013, the project band sizes were increased to be able to facilitate individual projects of up to $1m. Following this, the Company has seen an increasing flow of projects between the $500,000 - $1m mark. Now the upper cap has been adjusted to $5m, to enable larger businesses and project sizes to run through the Exchange and gain the benefits of s-commerce.
blur Group CEO, Philip Letts explained: 'Following our oversubscribed round of secondary fundraising, we had said that we were going to use some of the funds to help us attract new and larger businesses to the Global Services Exchange. Since the launch of blur 3.0, we have had a strong flow of larger projects so we are now increasing the project ranges to $5m+. With the continued consolidation of large service providers ringing alarm bells globally, the Exchange is providing a powerful alternative for businesses wanting efficient services solutions appropriate for the digital age. This demand has therefore accelerated a platform change ahead of schedule. This increase helps us continue to create a global meritocracy online, whereby companies and providers of different sizes can work together to deliver best results."
-ENDS-
dreamcatcher
- 07 Aug 2013 15:44
- 11 of 471
Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 314.00. Since the IPO on Oct 05, 2012, the share price is up 265.78%.
dreamcatcher
- 09 Aug 2013 15:40
- 12 of 471
up 8%
Dil
- 10 Aug 2013 00:46
- 13 of 471
Can't believe I forgot to tell skinny about these !
:-)
:-)
dreamcatcher
- 10 Aug 2013 08:59
- 14 of 471
A page in shares mag written by Phillip Lettts (Ceo) - Why aim is bang on target for technology companies. Blur at the time of print was up 242% from the ipo date on Oct 12 of 82p. (SP up higher this week) He talks of a goal of a billion -dollar company by 2020. :-))
Dil
- 11 Aug 2013 02:26
- 15 of 471
Still don't know what they do but hey ho who cares :-)
Dil
- 11 Aug 2013 02:28
- 16 of 471
650p target on a ta basis ... wot u reckon Limpy ?
dreamcatcher
- 11 Aug 2013 12:48
- 17 of 471
lol Dil. Sounds like you put half a dozen company names on a dart board and threw a dart blind folded.
Have a look at the video below, will tell you about the company you are invested in.
An Introduction to blur Group
http://blurgroup.com/about/
Have a look at the video below, will tell you about the company you are invested in.
An Introduction to blur Group
http://blurgroup.com/about/
dreamcatcher
- 20 Aug 2013 07:21
- 18 of 471
New senior management roles support global growth
RNS
RNS Number : 0427M
blur (Group) plc
20 August 2013
20 August 2013
RNS Reach
blur (Group) Plc
("blur Group" or the "Company")
blur Group Announces Three New Senior Management Roles to support the global growth of the Exchange
Roles of Chief Commercial Officer, General Manager for EMEA and Chief Community Officer to be created by the international technology company
blur Group, the company that is reinventing commerce at blurgroup.com, has today announced a restructuring of the organisation to strengthen its operational team across all regions, supporting the global growth of the Exchange. Gerry Gross moves to Chief Commercial Officer, Sat Ramewal to EMEA General Manager and Kara Cardinale to Chief Community Officer. Each Head of Division will report into Philip Letts, CEO.
As Chief Commercial Officer, Gerry Gross will have responsibility for managing all corporate sales, Exchange Support across the globe and a newly created regional MarComms function.
Kara Cardinale is set to become blur Group's Chief Community Officer, with responsibility for Customer Experience, Community Management, HR, Talent Recruitment and payment functions.
Sat Ramewal, former EMEA Business Development Director, is to become the EMEA General Manager. The new role will include managing all Corporate Sales, Exchange Support and MarComms across the EMEA section.
Philip Letts, CEO, commented, "We have achieved $42 million in terms of total value of projects submitted to the Exchange. As the business continues to expand, we need to ensure that we are supporting our middle level teams who are responsible for educating companies to our philosophy and supporting our customers all around the globe. We believe that these appointments will help us do so."
-ENDS-
dreamcatcher
- 20 Aug 2013 16:46
- 19 of 471
Broker Spotlight
The splendidly named Ms Stormont was also banging the drum for blur Group (LON:BLUR), the fast growing business services exchange operator.
The company said on Tuesday morning it has created three senior management roles to support the global growth of the exchange.
blur’s growth potential is mapped out by broker N+1 Singer, which expects revenues to increase 170% in 2014 and double from there the following year. “Our expectations are supported by continuing strong metrics,” it added in a note earlier Tuesday.
http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13897/broker-spotlight-ii-minera-irl-probability-chariot-oil-blur-top-level-tertiary-minerals--13897.html
dreamcatcher
- 22 Aug 2013 07:07
- 20 of 471
Milestones show accelerated growth of s-commerce
RNS
RNS Number : 2416M
blur (Group) plc
22 August 2013
22 August 2013
blur (Group) Plc
("blur Group" or the "Company")
blur Group shows accelerated global growth of s-commerce
This week, blur Group, the company that is reinventing commerce at blurgroup.com, has passed more significant milestones on its platform as the rate of s-commerce adoption increases. In the last year alone 1,500 projects have started, bringing the total to over 2,500 and the total value of these projects has increased to over $42m.
Recent projects on the Exchange have shown the increasing demand for higher-value projects to be delivered using s-commerce. These include a $500,000 design and technology project for developing an online community, a $750,000 marketing project for a property development group and a $750,000 streaming video application for a media company. Larger enterprise customers include a major baby food manufacturer and a global healthcare company, further establishing blur's applicability for all sizes of business and enhancing the appeal for service providers to switch to using s-commerce for new business.
'It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce', said blur Group CEO Philip Letts. 'We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.'
Lewis Owens, Strategic Market Development Manager Owen Mumford, commented: 'We adopted the s-commerce platform over the past year and have never looked back. We have used it for four very different projects. Each time it's been a simple process and provided beneficial results.'
Milestones reached:
● 2,500 projects started on the Exchange. Just one year since announcing it had passed 1,000 projects, the project counter has now passed 2,500.
● The total project value has now passed $42m. Currently total project value is $42,138,439 which means $21,892,212 received in total project value in 2013.
● Over 30,000 expert service providers, from 141 different countries.
● blur Group's partner program now has over 200 affiliates from 36 countries.
-ENDS-
dreamcatcher
- 22 Aug 2013 08:16
- 21 of 471
Blur’s total project value doubles in 2013
By Jamie Nimmo August 22 2013, 7:21am
Blur’s larger customers include a major baby food manufacturer and a global healthcare companyBlur’s larger customers include a major baby food manufacturer and a global healthcare company
Crowdsourcing specialist blur Group (LON:BLUR) has seen the total value of its projects more than double in 2013 as appetite grows for its s-commerce platform.
The company, whose shares have proved a hit with investors since it listed on AIM last October, has received $21.9 million in total project value in 2013, taking the total since the company’s birth to $42.1mln.
It also revealed that 2,500 projects have now been started on its Global Services Exchange, just a year after revealing it had passed the 1,000 mark.
“It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce,” said chief executive Philip Letts.
“We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.”
Blur’s larger customers include a major baby food manufacturer and a global healthcare
By Jamie Nimmo August 22 2013, 7:21am
Blur’s larger customers include a major baby food manufacturer and a global healthcare companyBlur’s larger customers include a major baby food manufacturer and a global healthcare company
Crowdsourcing specialist blur Group (LON:BLUR) has seen the total value of its projects more than double in 2013 as appetite grows for its s-commerce platform.
The company, whose shares have proved a hit with investors since it listed on AIM last October, has received $21.9 million in total project value in 2013, taking the total since the company’s birth to $42.1mln.
It also revealed that 2,500 projects have now been started on its Global Services Exchange, just a year after revealing it had passed the 1,000 mark.
“It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce,” said chief executive Philip Letts.
“We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.”
Blur’s larger customers include a major baby food manufacturer and a global healthcare
Dil
- 23 Aug 2013 11:03
- 22 of 471
dreamcatcher View dreamcatcher's profile - 11 Aug 2013 12:48 - 17 of 21
lol Dil. Sounds like you put half a dozen company names on a dart board and threw a dart blind folded.
Yeah something like that dc :-)
Bought 10 shares hitting new highs with a 20% stop loss to see how it went. Full list was these Lok , MAB , MBH , PIM , SPD , TPK , TRG , UDG and WWH.
lol Dil. Sounds like you put half a dozen company names on a dart board and threw a dart blind folded.
Yeah something like that dc :-)
Bought 10 shares hitting new highs with a 20% stop loss to see how it went. Full list was these Lok , MAB , MBH , PIM , SPD , TPK , TRG , UDG and WWH.
Greyhound - 26 Aug 2013 21:09 - 23 of 471
Hold this one in my ISA and SIPP now, expecting many upgrades to follow
dreamcatcher
- 28 Aug 2013 07:08
- 24 of 471
blur Group boosts C-Suite Appointees
RNS
RNS Number : 5894M
blur (Group) plc
28 August 2013
28 August 2013
RNS Reach
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group boosts C-Suite Appointees
Dorothy Mead to become Global Head of Digital (Marketing) and
Jon Hogg to become Global Head of Platform
blur Group, the company that is reinventing commerce at blurgroup.com has today announced another set of Global appointees as Dorothy Mead and Jon Hogg become Global Head of Digital (Marketing) and Global Head of Platform respectively.
Reporting directly into CEO Philip Letts, Mead's role will encompass all digital channels including Content Marketing, SEO, PPC and Affiliate Marketing driving customer acquisition.
Also reporting into CEO, Philip Letts, Hogg will be responsible for all front and back end development for the technology company. This includes the company's R&D facility in Exeter and as such he will operate from both Exeter and London.
Manuel Bordes will be promoted to Head of R&D and will be the day-to-day senior manager of the R&D Center in Exeter. Nunzio Avino becomes Front end Architect whilst Clare McSporran becomes London Studio Manager. The team will be joined by Gavan Raine, who joins as Head of Tech Ops.
Within the Global Digital (Marketing) team, Jacky Lok steps up to Insights Manager, Robert Sandall moves up to Content Marketing Manager and will be joined by David Tapp who joins blur Group as Digital Advertising Manager.
blur Group CEO Philip Letts commented, 'Since announcing our most recent C-Suite appointees in Kara Cardinale and Gerry Gross, we have broken through 2,500 projects submitted to the Exchange, surpassing $42,000,000 in total project values. Today's appointments will ensure that the C-Suite managers will be further supported in helping the business grow.'
dreamcatcher
- 29 Aug 2013 07:17
- 25 of 471
3.0 platform augmented with automated billing
RNS
RNS Number : 6944M
blur (Group) plc
29 August 2013
29 August 2013
RNS Reach
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group further augments 3.0 platform with automated billing
blur Group, the company that is reinventing commerce at blurgroup.com, is continuing to industrialise many of its platform features and improve its s-commerce proposition with a new advanced billing system and enhancements to the blurSense system.
Building on blur's 3.0 platform launch earlier this year, the new billing system will automate the statement of work and payment schedule within the Global Services Exchange. This move is specifically designed to help blur Group continue to scale to facilitate SME volumes as well as new corporate customers with project values of $5m+. The advanced billing system will in the future enable blur to consider self service solutions and multi-device operations as well as very high volume auto-payment mechanisms.
blur Group has enhanced blurSense, the automatic selection tool on the Exchange. This now includes a data centre to analyse the vast quantity of customer and expert data within the platform and further streamline the customer experience during the pitch shortlist and selection stages of the s-commerce process. blurSense also now adds machine intelligence based ratings to both service provider pitches as well as the service providers themselves. In the future, it will develop Big Data tools and perspectives on buyers, sellers and broad services industry intelligence.
blur Group CEO, Philip Letts commented, 'These process and platform enhancements are part of the stated roadmap made possible through the secondary fundraise completed earlier this year. We are committed to maintaining our lead at the forefront of the s-commerce industry through continually augmenting and expanding the capability and scope of the Global Service Exchange. Like blurSense, this new payment update will help us begin to industrialise features of the business, allowing customers - old and new - to speed through the procurement process at rates before unimaginable. They all use blur's new API which will be released for more public use in 2014.'
-ENDS-
dreamcatcher
- 29 Aug 2013 07:19
- 26 of 471
Contract Win
RNS
RNS Number : 6943M
blur (Group) plc
29 August 2013
29 August 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group confirms new large project
blur Group, the company that is reinventing commerce at blurgroup.com announces that its platform has been adopted by a global music event promoter for a major milestone anniversary of a Caribbean Music Festival. The entire project is valued at $750,000.
Philip Letts, blur Group CEO commented, 'We recently increased the maximum project values managed on the Exchange and significant projects like this show how blur 3.0 is enabling high value complex projects to be delivered on the Exchange. We hope to continue to attract plenty of new projects of this calibre from customers, new and old.'
-ENDS-
dreamcatcher
- 29 Aug 2013 17:54
- 27 of 471
blur music project reveals co's platform can cope with larger jobs; upgrades exchange
By Ian Lyall August 29 2013, 7:14am The company said it is continuing to “industrialise” many of the features of its platform.The company said it is continuing to “industrialise” many of the features of its platform.
blur Group (LON:BLUR) said its global service exchange has been selected by a global music promoter organising a milestone anniversary of a Caribbean music festival.
The total project value is in the order of US$750,000.
Chief executive (CEO) Philip Letts said: 'We recently increased the maximum project values managed on the exchange and significant projects like this show how blur 3.0 is enabling high value complex projects to be delivered on the exchange.
“We hope to continue to attract plenty of new projects of this calibre from customers, new and old.”
That latest iteration of the blurgroup.com platform has had a number of bells and whistles added.
The company said it is continuing to “industrialise” many of its platform features and improve its s-commerce proposition with a new advanced billing system and enhancements to the blurSense system, which streamlines the work pitching process.
Building on blur's 3.0 platform launch earlier this year, the new billing system will automate the statement of work and payment schedule within the global services exchange.
This move is specifically designed to help blur continue to build volumes from its tradition small company customer base as well as allowing it deal with new corporate projects, where values might exceed of US$5mln.
CEO Letts said: “These process and platform enhancements are part of the stated roadmap made possible through the secondary fundraise completed earlier this year.
“We are committed to maintaining our lead at the forefront of the s-commerce industry through continually augmenting and expanding the capability and scope of the global service exchange.
“Like blurSense, this new payment update will help us begin to industrialise features of the business, allowing customers - old and new - to speed through the procurement process at rates before unimaginable. They all use blur's new API [application programme interface] which will be released for more public use in 2014.”
By Ian Lyall August 29 2013, 7:14am The company said it is continuing to “industrialise” many of the features of its platform.The company said it is continuing to “industrialise” many of the features of its platform.
blur Group (LON:BLUR) said its global service exchange has been selected by a global music promoter organising a milestone anniversary of a Caribbean music festival.
The total project value is in the order of US$750,000.
Chief executive (CEO) Philip Letts said: 'We recently increased the maximum project values managed on the exchange and significant projects like this show how blur 3.0 is enabling high value complex projects to be delivered on the exchange.
“We hope to continue to attract plenty of new projects of this calibre from customers, new and old.”
That latest iteration of the blurgroup.com platform has had a number of bells and whistles added.
The company said it is continuing to “industrialise” many of its platform features and improve its s-commerce proposition with a new advanced billing system and enhancements to the blurSense system, which streamlines the work pitching process.
Building on blur's 3.0 platform launch earlier this year, the new billing system will automate the statement of work and payment schedule within the global services exchange.
This move is specifically designed to help blur continue to build volumes from its tradition small company customer base as well as allowing it deal with new corporate projects, where values might exceed of US$5mln.
CEO Letts said: “These process and platform enhancements are part of the stated roadmap made possible through the secondary fundraise completed earlier this year.
“We are committed to maintaining our lead at the forefront of the s-commerce industry through continually augmenting and expanding the capability and scope of the global service exchange.
“Like blurSense, this new payment update will help us begin to industrialise features of the business, allowing customers - old and new - to speed through the procurement process at rates before unimaginable. They all use blur's new API [application programme interface] which will be released for more public use in 2014.”
dreamcatcher
- 30 Aug 2013 16:25
- 28 of 471
blur (Group) schedules interims
StockMarketWire.com
blur Group,will be announcing its unaudited interim results for the six months to the end of June on 24 September.
Story provided by StockMarketWire.com
dreamcatcher
- 02 Sep 2013 16:28
- 29 of 471
Contract Win
RNS
RNS Number : 9332M
blur (Group) plc
02 September 2013
2 September 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group confirms new large project from US MVNO
blur Group, the company that is reinventing commerce at blurgroup.com announces that an innovative US Mobile Virtual Network Operator (MVNO) has adopted blur Group's Exchange to purchase and manage a number of design and marketing projects valued at $480,000.
Philip Letts, blur Group CEO commented, 'This is another example of a forward thinking company recognising the convenience and agility of the Exchange as a platform for managing and delivering all of its design and marketing projects. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce.'
-ENDS
dreamcatcher
- 02 Sep 2013 18:55
- 30 of 471
UPDATE - blur Group signs up US mobile operator
By Jamie Nimmo September 02 2013, 12:01pm Chief executive Philip Letts is the man behind blur's successChief executive Philip Letts is the man behind blur's success
--ADDS BROKER COMMENTS, SHARE PRICE--
blur Group’s (LON:BLUR) Global Services Exchange got another seal of approval as it revealed a US Mobile Virtual Network Operator (MVNO) has adopted its s-commerce platform.
It will allow the company to buy and manage a number of design and marketing projects to the tune of US$480,000 (£309,000).
In the States, MVNOs sublease wireless from major American spectrum licence holders such as AT&T Mobility and Verizon Wireless.
Blur CEO Philip Letts said: “This is another example of a forward thinking company recognising the convenience and agility of the Exchange as a platform for managing and delivering all of its design and marketing projects.
“Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce.”
Almost 35,000 businesses have now signed up to the AIM-listed company’s services, including food giant Danone, bookmaker Coral and the Financial Times.
House broker N+1 Singer sang blur’s praises.
“Today’s announcement shows the increasing sophistication with which some buyers are now using the Exchange and is a positive lead indicator of things to come,” said analyst Tintin Stormont.
“We continue to expect significant growth going forward as the corporate market is clearly ready for a new model for procuring services and blur is at the forefront of this trend.”
Shares dipped 1.9% to 308p.
By Jamie Nimmo September 02 2013, 12:01pm Chief executive Philip Letts is the man behind blur's successChief executive Philip Letts is the man behind blur's success
--ADDS BROKER COMMENTS, SHARE PRICE--
blur Group’s (LON:BLUR) Global Services Exchange got another seal of approval as it revealed a US Mobile Virtual Network Operator (MVNO) has adopted its s-commerce platform.
It will allow the company to buy and manage a number of design and marketing projects to the tune of US$480,000 (£309,000).
In the States, MVNOs sublease wireless from major American spectrum licence holders such as AT&T Mobility and Verizon Wireless.
Blur CEO Philip Letts said: “This is another example of a forward thinking company recognising the convenience and agility of the Exchange as a platform for managing and delivering all of its design and marketing projects.
“Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce.”
Almost 35,000 businesses have now signed up to the AIM-listed company’s services, including food giant Danone, bookmaker Coral and the Financial Times.
House broker N+1 Singer sang blur’s praises.
“Today’s announcement shows the increasing sophistication with which some buyers are now using the Exchange and is a positive lead indicator of things to come,” said analyst Tintin Stormont.
“We continue to expect significant growth going forward as the corporate market is clearly ready for a new model for procuring services and blur is at the forefront of this trend.”
Shares dipped 1.9% to 308p.
dreamcatcher
- 05 Sep 2013 07:10
- 31 of 471
Contract Win
RNS
RNS Number : 2698N
blur (Group) plc
05 September 2013
5th September 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group confirms new $900,000 large-scale project
blur Group, the company that is reinventing commerce at blurgroup.com announces that a US based international property development firm has used blur Group's Exchange to develop a marketing strategy and customer acquisition campaigns for a sizable new development in Panama. The project is valued at $900,000.
Philip Letts, blur Group CEO commented, 'This is a great example of blur Group's international reach. The customer recognises the choice and convenience available on the Exchange when launching a time-critical marketing campaign. Committing a project of this value to the Exchange ensures choice, value and efficiency of delivery. We are pleased to receive yet another large project so soon after blur Group increased the size of projects that can be entered on the Exchange to $5 million.'
-ENDS-
Greyhound - 05 Sep 2013 11:34 - 32 of 471
Tipped in Shares Mag today too.
dreamcatcher
- 05 Sep 2013 18:36
- 33 of 471
Looks good greyhound. Roll on 24 Sept interims. Could just be very good. :-))
dreamcatcher
- 05 Sep 2013 20:16
- 34 of 471
Blur has won shares 2013 IPO best performer with Clinigen second. Wandisco was last years winner.The sp is up 301% since opening price on admission date and closing price on 22 Aug.
What makes the best IPO/ fund Raising -
Well managed shareholder expectations
Sensible issue price
Good liquidity in the after market
Clear communication and implementation of strategy
share price performance
What makes the best IPO/ fund Raising -
Well managed shareholder expectations
Sensible issue price
Good liquidity in the after market
Clear communication and implementation of strategy
share price performance
dreamcatcher
- 06 Sep 2013 14:34
- 35 of 471
Needs new analyst upgrades now.
mcgrath1958 - 06 Sep 2013 14:45 - 36 of 471
These upgrades will come soon hopefully after the interims on the 24th! Great write up in Shares Mag yesterday as you know DC. Rising nicely now in last 30 mins on very low buying at present, a good sign! These projects are just going to keep coming through now I believe more and more frequently! This Company is getting noticed out there now!!
dreamcatcher
- 06 Sep 2013 14:59
- 37 of 471
Thanks mcgraph1958.
dreamcatcher
- 06 Sep 2013 15:03
- 38 of 471
Just glanced at Shares again and N+1 Singer has a top of the range 517p price target, made my weekend. :-))
mcgrath1958 - 06 Sep 2013 15:15 - 39 of 471
Yeah when I read that price target it defo made my day! Think as Shares say's there be in Profit before 2015, could well be next year, let's hoping! Then what price Blur be then DC
dreamcatcher
- 06 Sep 2013 15:18
- 40 of 471
I'm for investing in these strange named companies eg Blur, Wandisco. lol
skinny
- 06 Sep 2013 15:20
- 41 of 471
DC - you seem to have duplicated the chart in the header - how about replacing one with a shorter term chart?
dreamcatcher
- 06 Sep 2013 15:24
- 42 of 471
Will do skinny. One chart is a 5yr in advance. :-))
mcgrath1958 - 06 Sep 2013 15:34 - 43 of 471
Yes they sound strange but look how well Wandisco has done , yeah you think it's about Disco's HeHe! Wish I had got into them, I know you into @UK , I might get into them soon DC! Blur , you think what the F--- name is that , but you can't judge a book by it's cover as you know!
dreamcatcher
- 06 Sep 2013 15:36
- 44 of 471
lol.We are on a winner with strange named companies, BUT very well run ones.
mcgrath1958 - 06 Sep 2013 15:53 - 45 of 471
I agree with you DC 100% !!
skinny
- 06 Sep 2013 17:12
- 46 of 471
DC - 1 day in advance should do it! :-)
dreamcatcher
- 07 Sep 2013 21:46
- 47 of 471
A buy In this weeks Shares - Focus on blur's potential.
According to analysts at broker N+1 Singer, this years overall project value adds up to $43.2m (to the end of Aug ), implying $9.6m worth achieved so far in the third quarter to end Sept with still a month to run. That compares with $9.4m in the three months to end June, itself a record, and $2.9m in the third quarter of 2012.
blur is bit by bit showing that its sCommerce platform is a true disruptive technology with a big future. All key performance indicators (KPIs) are rising exponentially, with brief numbers in the first and second quarters of this year jumping 178% and 125% respectively. The second quarters $9.4m of projects represented a staggering 315% year-on-year rise. But even these super-charged figures are set to be beaten when blur reports third quarter KPIs, probably alongside the interims.
Analysts agree that projects worth seven-figure sums are going to be increasingly commonplace in future, yet they have been slow to raise forecasts. Even on current valuation metrics N+1 Singer's discounted cashflow analysis points toa top of the range 517p price target, although this is a best case scenario.
According to analysts at broker N+1 Singer, this years overall project value adds up to $43.2m (to the end of Aug ), implying $9.6m worth achieved so far in the third quarter to end Sept with still a month to run. That compares with $9.4m in the three months to end June, itself a record, and $2.9m in the third quarter of 2012.
blur is bit by bit showing that its sCommerce platform is a true disruptive technology with a big future. All key performance indicators (KPIs) are rising exponentially, with brief numbers in the first and second quarters of this year jumping 178% and 125% respectively. The second quarters $9.4m of projects represented a staggering 315% year-on-year rise. But even these super-charged figures are set to be beaten when blur reports third quarter KPIs, probably alongside the interims.
Analysts agree that projects worth seven-figure sums are going to be increasingly commonplace in future, yet they have been slow to raise forecasts. Even on current valuation metrics N+1 Singer's discounted cashflow analysis points toa top of the range 517p price target, although this is a best case scenario.
dreamcatcher
- 11 Sep 2013 07:06
- 48 of 471
Move of global HQ to Exeter
RNS
RNS Number : 6840N
blur (Group) plc
11 September 2013
11th September 2013
RNS Reach
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group announces the move of its global HQ to Exeter's new science park
Set to create new jobs by the end of the year
blur Group, the company that is reinventing commerce at blurgroup.com announces the move this month of its Global HQ from London to the Exeter Science Park, the UK's 70th and newest Science Park. This will also see the creation of new jobs and follows the successful opening of its R&D Center in Exeter earlier in the summer. blur's London and Dallas offices will remain as regional commercial hubs.
The move by blur Group, one of the fastest growing LSE:AIM listed tech companies, shows a commitment to a region with four of the country's top 20 universities and positions blur for further growth after its recent secondary fundraising. Exeter and the South West demonstrate a track record in innovation and entrepreneurship where start-ups have attracted more than $550 million in investment and returned more than $800 million to shareholders. The area shares many characteristics with the original Silicon Valley and is in a prime position to become the UK's leading tech region.
blur is the founding company at the Exeter Science Park and shapers of its future as a key, international, eco-friendly tech hub for the 21st Century. By the end of September there will be 35 employees in Exeter and 35 will remain in London.
Philip Letts, blur Group CEO commented, 'Exeter has the right ingredients to become Europe's San Francisco, and South Western UK the new Silicon Valley. The South West combines innovation and technology excellence, a great mix of universities with both academic and venture focus and an established reputation in attracting leading tech firms while providing great incubation and support for earlier stage business. It's a combination that has worked well for the US and has the potential to do the same in the UK."
-ENDS-
mcgrath1958 - 13 Sep 2013 11:26 - 49 of 471
This shifting up well , yesterday and so far today! Interims on the 24th must be looking more than good !!
dreamcatcher
- 13 Sep 2013 13:28
- 50 of 471
Very good then. :-))
mcgrath1958 - 13 Sep 2013 13:51 - 51 of 471
Sure thing DC!
dreamcatcher
- 13 Sep 2013 14:45
- 52 of 471
Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 369.25. Since the IPO on Oct 05, 2012, the share price is up 333.04%.
dreamcatcher
- 13 Sep 2013 16:15
- 53 of 471
1
dreamcatcher
- 13 Sep 2013 17:17
- 54 of 471
Closed up 6.14%
mcgrath1958 - 16 Sep 2013 10:38 - 55 of 471
And on she sails still !!
dreamcatcher
- 16 Sep 2013 16:11
- 56 of 471
More a power boat. lol
dreamcatcher
- 17 Sep 2013 16:26
- 57 of 471
Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 436.00. Since the IPO on Oct 05, 2012, the share price is up 413.27%.
dreamcatcher
- 19 Sep 2013 07:05
- 58 of 471
Final stage of 3.0 launched
RNS
RNS Number : 3689O
blur (Group) plc
19 September 2013
19 September 2013
RNS Reach
blur (Group) Plc
("blur Group" or the "Company")
blur Group announces final stage of 3.0
Re-architected expert platform allows single sign-on and introduces 'my blur' page
blur Group, the company that is reinventing commerce at blurgroup.com has re-architected its expert community platform as the final phase of the rollout of blur 3.0
blur 3.0 is the s-commerce technology platform that powers blur Group's 'Global Services Exchange' enabling the buying and selling of business services. The new platform is a streamlined way to buy business services entirely online.
This upgrade process is part of the continued industrialization of the platform and is designed to deliver a more unified, scalable and streamlined platform for both buyers and sellers.
The most significant feature of this final element of the release is single sign on, giving expert service providers seamless integration between the exchanges and their trading account.
Experts will now have a personal homepage, 'My blur", which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, as well as allowing them to more quickly join new blur exchanges.
The new architecture also opens the way to even more exciting functionality and greater integration of services and applications to further enhance the user experience for all Experts.
Philip Letts, blur Group CEO said " This upgrade of the expert community features to blur 3.0 is all part of our continuous drive to deliver a world class user experience for our global ecosystem. It allows us to more rapidly add new features and drive the future growth of our expert service providers way beyond the current 30,000."
- ENDS-
mcgrath1958 - 19 Sep 2013 07:38 - 59 of 471
Cheer's DC just gets better & better this company!!
mcgrath1958 - 19 Sep 2013 08:31 - 60 of 471
Power Boat is off again wicked stuff , go on Blur , roar on !!
Greyhound - 19 Sep 2013 12:35 - 61 of 471
Going great guns, how long before the first $5m contract.
dreamcatcher
- 19 Sep 2013 14:07
- 62 of 471
UPDATE: blur Group enhances user experience with final phase of blur 3.0 rollout
By Giles Gwinnett September 19 2013, 10:50am Expert providers will now have a personal homepage called 'My blur', which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm saidExpert providers will now have a personal homepage called 'My blur", which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm said
---Adds broker comment and share price ---
blur Group (LON:BLUR) says it has improved the functionality of its tech platform as it announced the final phase of the rollout of blur 3.0.
blur 3.0 is the services-commerce platform that powers the group's 'Global Services Exchange' enabling the buying and selling of business service.
It is all part of the internet phenomenon called crowdsourcing - the process of taking a job or service and outsourcing it electronically to a person or firm.
Expert providers will now have a personal homepage called 'My blur", which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm said.
The firm's chief executive Philip Letts told investors: "This upgrade of the expert community features to blur 3.0 is all part of our continuous drive to deliver a world class user experience for our global ecosystem.
"It allows us to more rapidly add new features and drive the future growth of our expert service providers way beyond the current 30,000."
Following the announcement, house broker N+1 Singer said it expected the firm's growth trajectory to remain strong.
"News flow and key metrics continue to support our view that blur Group is at the forefront of disrupting the US$2tn business services market.
"We believe it is successfully building on its first mover advantage across a number of areas, but particularly through continuous updates and enhancements to its technology platform."
Shares rose 8.9% to stand at 471p.
By Giles Gwinnett September 19 2013, 10:50am Expert providers will now have a personal homepage called 'My blur', which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm saidExpert providers will now have a personal homepage called 'My blur", which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm said
---Adds broker comment and share price ---
blur Group (LON:BLUR) says it has improved the functionality of its tech platform as it announced the final phase of the rollout of blur 3.0.
blur 3.0 is the services-commerce platform that powers the group's 'Global Services Exchange' enabling the buying and selling of business service.
It is all part of the internet phenomenon called crowdsourcing - the process of taking a job or service and outsourcing it electronically to a person or firm.
Expert providers will now have a personal homepage called 'My blur", which will act as the gateway to all of the exchanges they are a member of, their trading accounts, previous pitches and current projects, the firm said.
The firm's chief executive Philip Letts told investors: "This upgrade of the expert community features to blur 3.0 is all part of our continuous drive to deliver a world class user experience for our global ecosystem.
"It allows us to more rapidly add new features and drive the future growth of our expert service providers way beyond the current 30,000."
Following the announcement, house broker N+1 Singer said it expected the firm's growth trajectory to remain strong.
"News flow and key metrics continue to support our view that blur Group is at the forefront of disrupting the US$2tn business services market.
"We believe it is successfully building on its first mover advantage across a number of areas, but particularly through continuous updates and enhancements to its technology platform."
Shares rose 8.9% to stand at 471p.
dreamcatcher
- 19 Sep 2013 14:10
- 63 of 471
19 Sep 08:27 Blur Group N+1 Singer Retains
Greyhound - 19 Sep 2013 16:36 - 64 of 471
I'm not seeing any updated broker forecasts on Bloomberg as yet. No doubt to follow.
dreamcatcher
- 19 Sep 2013 16:43
- 65 of 471
Another great day - Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 480.00. Since the IPO on Oct 05, 2012, the share price is up 459.29%.
dreamcatcher
- 20 Sep 2013 07:07
- 66 of 471
Appointment of Joint Broker
RNS
RNS Number : 4828O
blur (Group) plc
20 September 2013
20th September 2013
blur (Group) Plc
("blur Group" or the "Company")
Appointment of Joint Broker
blur Group, the company that is reinventing commerce at blurgroup.com announces that Panmure Gordon has been appointed as joint broker to the Company, alongside N+1 Singer. N+1 Singer continues to act as Nominated Advisor to the Company.
Philip Letts, blur Group CEO said, "We welcome Panmure Gordon as joint broker to the Company and looking forward to continuing to build the profile of blur Group as we scale, capitalising on our strong position in the emerging s-commerce market."
-ENDS-
dreamcatcher
- 23 Sep 2013 07:05
- 67 of 471
$500k Project
RNS
RNS Number : 6044O
blur (Group) plc
23 September 2013
23rd September 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group confirms new project with a contract value of $500,000
A US media company has chosen blur Group as its primary marketing services platform for the 2013-2014 season, with a project valued at $500,000.
Philip Letts, blur Group CEO commented, 'This is a great example of blur Group's international reach. It is pleasing to see a flow of high value projects so soon after blur Group increased the size of projects that can be entered on the Exchange to $5 million.'
-ENDS-
dreamcatcher
- 23 Sep 2013 16:44
- 68 of 471
blur Group unveils $500,000 project
By Jamie Nimmo September 23 2013, 7:41am Around 35,000 businesses have now signed up to the AIM-listed company’s servicesAround 35,000 businesses have now signed up to the AIM-listed company’s services
S-commerce specialist blur Group (LON:BLUR) has confirmed that an unnamed US media company has opted to use its Global Services Exchange for a project worth US$500,000.
Around 35,000 businesses have now signed up to the AIM-listed company’s services, including food giant Danone, bookmaker Coral and the Financial Times.
Philip Letts, blur’s CEO, said: “This is a great example of blur Group's international reach. It is pleasing to see a flow of high value projects so soon after blur Group increased the size of projects that can be entered on the Exchange to $5 million.”
By Jamie Nimmo September 23 2013, 7:41am Around 35,000 businesses have now signed up to the AIM-listed company’s servicesAround 35,000 businesses have now signed up to the AIM-listed company’s services
S-commerce specialist blur Group (LON:BLUR) has confirmed that an unnamed US media company has opted to use its Global Services Exchange for a project worth US$500,000.
Around 35,000 businesses have now signed up to the AIM-listed company’s services, including food giant Danone, bookmaker Coral and the Financial Times.
Philip Letts, blur’s CEO, said: “This is a great example of blur Group's international reach. It is pleasing to see a flow of high value projects so soon after blur Group increased the size of projects that can be entered on the Exchange to $5 million.”
dreamcatcher
- 23 Sep 2013 22:24
- 69 of 471
blur Group,“Progress to date has been very impressive as blur has defined and is now carving out a global niche,” said Panmure tipster George O’Connor
blur Group (LON:BLUR) release shows the s-commerce firm is “galloping along”. That’s the view of Panmure Gordon
http://www.directorstalk.com/blur-groupprogress-to-date-has-been-very-impressive-as-blur-has-defined-and-is-now-carving-out-a-global-niche-said-panmure-tipster-george-oconnor/
blur Group (LON:BLUR) release shows the s-commerce firm is “galloping along”. That’s the view of Panmure Gordon
http://www.directorstalk.com/blur-groupprogress-to-date-has-been-very-impressive-as-blur-has-defined-and-is-now-carving-out-a-global-niche-said-panmure-tipster-george-oconnor/
dreamcatcher
- 23 Sep 2013 22:41
- 70 of 471
Blur Group (BLUR): 600p Plus Target In Focus
Published by: zakmir on 19th Sep 2013 | View all blogs by zakmir
Shares of Blur have delivered what can be described as a classic break to the upside over the summer, with the catalyst in the recent past been an unfilled gap to the upside through 200p at the beginning of July. Since then we have seen new support for the stock come in at or even above resistance, as well as the 50 day moving average currently way down at £3.12. Indeed, the vehicle for the ongoing rise for the shares remains a rising trend channel from the end of November last year, with the floor the channel currently running level with the former August resistance zone just above £3.50.
It also helps that since the end of last year we have had a rising RSI support line now running through 50 in the oscillator window. The best approach in the near-term, bearing in mind that the shares have a RSI of 80+ and are very overbought, would be to wait on any weakness towards the 10 day moving average at £3.77. An end of day close below this 10 day line would be the money management point as we await a best case scenario target over the next 6 to 8 weeks as high as £6.20 at the 2012 resistance line projection.
Zak Mir is the Editor of Spreadbet Magazine
Zak Mir writes exclusive content for DirectorsTalk.com - the most followed UK London Stock Exchange AIM Market news service, providing breaking news, analysis and interviews with Directors of leading smallcap PLC’s on the FTSE AIM Market.
http://www.tradersown.co.uk/magazine/read/blur-group-blur-600p-plus-target-in-focus_2325.html#sthash.3sQcxFox.8A37AyLz.dpbs
Published by: zakmir on 19th Sep 2013 | View all blogs by zakmir
Shares of Blur have delivered what can be described as a classic break to the upside over the summer, with the catalyst in the recent past been an unfilled gap to the upside through 200p at the beginning of July. Since then we have seen new support for the stock come in at or even above resistance, as well as the 50 day moving average currently way down at £3.12. Indeed, the vehicle for the ongoing rise for the shares remains a rising trend channel from the end of November last year, with the floor the channel currently running level with the former August resistance zone just above £3.50.
It also helps that since the end of last year we have had a rising RSI support line now running through 50 in the oscillator window. The best approach in the near-term, bearing in mind that the shares have a RSI of 80+ and are very overbought, would be to wait on any weakness towards the 10 day moving average at £3.77. An end of day close below this 10 day line would be the money management point as we await a best case scenario target over the next 6 to 8 weeks as high as £6.20 at the 2012 resistance line projection.
Zak Mir is the Editor of Spreadbet Magazine
Zak Mir writes exclusive content for DirectorsTalk.com - the most followed UK London Stock Exchange AIM Market news service, providing breaking news, analysis and interviews with Directors of leading smallcap PLC’s on the FTSE AIM Market.
http://www.tradersown.co.uk/magazine/read/blur-group-blur-600p-plus-target-in-focus_2325.html#sthash.3sQcxFox.8A37AyLz.dpbs
Dil
- 24 Sep 2013 09:58
- 71 of 471
Dil - 11 Aug 2013 02:28 - 16 of 70
650p target on a ta basis ... wot u reckon Limpy ?
Come on Zak be a bit more original and come up with something yourself for a change :-)
650p target on a ta basis ... wot u reckon Limpy ?
Come on Zak be a bit more original and come up with something yourself for a change :-)
black bird - 24 Sep 2013 11:44 - 72 of 471
overpriced @ 455 need to see better figs ends
Morigam - 24 Sep 2013 12:03 - 73 of 471
they've got a nice overview of the interims on lse.co.uk good bite sized interview
halifax - 24 Sep 2013 13:40 - 74 of 471
market cap around £128million is that justifiable?
dreamcatcher
- 24 Sep 2013 16:29
- 75 of 471
Half Yearly Report
Highlights
● 250% revenue growth over H1 2012 which is an increase on the 212% revenue growth rate seen in FY 2012.
● Total value of projects submitted of $13.3m (H1 2012: $3.3m) and an average project value of $17k (H1 2012: $10.7k) with projects coming from 28 countries. In the event these projects are listed on the exchange, they will generate revenue for the group.
● 288% increase in the number of projects from repeat customers in the period versus H1 2012, demonstrating growing adoption of the Exchange platform
● $11.5m fundraise in June to accelerate new customer acquisition, technology development and regional expansion
● Launch of blur 3.0 - providing foundation for future scalability and growthand building of additional revenue streams to capitalize on first mover advantage in the $2tn+ s-commerce market
● Key senior hires strengthen group operations:
● Senior sales appointments for US and EMEA teams
● Post period end, appointment of James Davis as Group CFO
● Post period end, strengthening of operational team across all regions
● Introduction of Premium Account allowing customers to handle multiple projects, users and locations
● Post period end, establishment of R&D centre and relocation of global headquarters to Exeter taking advantage of the region's inward investment, strong technology pedigree and university access
Current Trading
● Latest metrics demonstrate accelerated growth of the Exchange in Q3 following the fundraise
● Cumulative projects submitted as of 19 September total 2,675 with a combined value of over $48m
http://www.moneyam.com/action/news/showArticle?id=4673813
Highlights
● 250% revenue growth over H1 2012 which is an increase on the 212% revenue growth rate seen in FY 2012.
● Total value of projects submitted of $13.3m (H1 2012: $3.3m) and an average project value of $17k (H1 2012: $10.7k) with projects coming from 28 countries. In the event these projects are listed on the exchange, they will generate revenue for the group.
● 288% increase in the number of projects from repeat customers in the period versus H1 2012, demonstrating growing adoption of the Exchange platform
● $11.5m fundraise in June to accelerate new customer acquisition, technology development and regional expansion
● Launch of blur 3.0 - providing foundation for future scalability and growthand building of additional revenue streams to capitalize on first mover advantage in the $2tn+ s-commerce market
● Key senior hires strengthen group operations:
● Senior sales appointments for US and EMEA teams
● Post period end, appointment of James Davis as Group CFO
● Post period end, strengthening of operational team across all regions
● Introduction of Premium Account allowing customers to handle multiple projects, users and locations
● Post period end, establishment of R&D centre and relocation of global headquarters to Exeter taking advantage of the region's inward investment, strong technology pedigree and university access
Current Trading
● Latest metrics demonstrate accelerated growth of the Exchange in Q3 following the fundraise
● Cumulative projects submitted as of 19 September total 2,675 with a combined value of over $48m
http://www.moneyam.com/action/news/showArticle?id=4673813
dreamcatcher
- 24 Sep 2013 16:38
- 76 of 471
blur Group's results prompt revision of revenue forecasts
By John Harrington September 24 2013, 4:01pm blur Group's results prompt revision of revenue forecasts
The City is used to blur Group’s (LON:BLUR) rapid growth rate, but the interims revealed the crowd-sourcing specialist is growing even faster than expected.
Among the brokers covering the services-commerce high-flyer, Shore Capital professed to be the least surprised by the half-year results, with the figures in line with its expectations. The business metrics are continuing on the path the broker had projected, which means Shore analyst Robin Speakman was able to foresee an acceleration in top-line growth in the third quarter from an already impressive growth rate in the second.
The average value of projects submitted to the exchange in the first half of 2013 was up by around 70% year-on-year, but reflects a small number of very large projects which skewed the numbers.
“This figure is likely to continue to be volatile, in our view, as the business model evolves and grows,” Speakman ventured.
“blur is heavily investing its cash resources in building both its technical capability (business infrastructures and volume capacity) and in marketing the business model to capture the on-line project management and delivery space as an early adopter. We believe that strong share price performance since the business's flotation last October at 82p reflects confidence in building a defendable market position for the future, though this clearly prices in a measure of continuing strong development,” Speakman added.
Meanwhile, Liberum has reiterated its ‘buy’ rating on the stock and raised its revenue forecasts for the current year and the next by 4% and 12% respectively, following the accelerating in top line growth in the third quarter.
“However, to capitalise on its first mover advantage in the emerging s-commerce market, blur is adding headcount faster than expected which leads to a US$1mln reduction to our FY’13E EBITDA forecast. No major change to FY’14E EBITDA. blur’s s-commerce platform is moving from concept towards mass adoption,” Liberum said.
Even house broker N+1 Singer was caught on the hop by the growth in revenues, which was ahead of its expectations – and the market’s.
“The group raised US$11.5mln of capital in June 2013 to accelerate investments in sales and R&D [research and development] to build on its first mover advantage. The strategy is clearly showing strong traction with more and larger projects coming through,” N+1 Singer said.
“Post period end, the trading platform indicates that key metrics have accelerated further in Q3, prompting us to assume even higher revenue growth rates in our forecasts. We continue to expect the first profitable year to be in 2015 as the group invests to build on its lead to exploit the US$2tn global market for business services,” the broker concluded.
By John Harrington September 24 2013, 4:01pm blur Group's results prompt revision of revenue forecasts
The City is used to blur Group’s (LON:BLUR) rapid growth rate, but the interims revealed the crowd-sourcing specialist is growing even faster than expected.
Among the brokers covering the services-commerce high-flyer, Shore Capital professed to be the least surprised by the half-year results, with the figures in line with its expectations. The business metrics are continuing on the path the broker had projected, which means Shore analyst Robin Speakman was able to foresee an acceleration in top-line growth in the third quarter from an already impressive growth rate in the second.
The average value of projects submitted to the exchange in the first half of 2013 was up by around 70% year-on-year, but reflects a small number of very large projects which skewed the numbers.
“This figure is likely to continue to be volatile, in our view, as the business model evolves and grows,” Speakman ventured.
“blur is heavily investing its cash resources in building both its technical capability (business infrastructures and volume capacity) and in marketing the business model to capture the on-line project management and delivery space as an early adopter. We believe that strong share price performance since the business's flotation last October at 82p reflects confidence in building a defendable market position for the future, though this clearly prices in a measure of continuing strong development,” Speakman added.
Meanwhile, Liberum has reiterated its ‘buy’ rating on the stock and raised its revenue forecasts for the current year and the next by 4% and 12% respectively, following the accelerating in top line growth in the third quarter.
“However, to capitalise on its first mover advantage in the emerging s-commerce market, blur is adding headcount faster than expected which leads to a US$1mln reduction to our FY’13E EBITDA forecast. No major change to FY’14E EBITDA. blur’s s-commerce platform is moving from concept towards mass adoption,” Liberum said.
Even house broker N+1 Singer was caught on the hop by the growth in revenues, which was ahead of its expectations – and the market’s.
“The group raised US$11.5mln of capital in June 2013 to accelerate investments in sales and R&D [research and development] to build on its first mover advantage. The strategy is clearly showing strong traction with more and larger projects coming through,” N+1 Singer said.
“Post period end, the trading platform indicates that key metrics have accelerated further in Q3, prompting us to assume even higher revenue growth rates in our forecasts. We continue to expect the first profitable year to be in 2015 as the group invests to build on its lead to exploit the US$2tn global market for business services,” the broker concluded.
dreamcatcher
- 24 Sep 2013 16:41
- 77 of 471
UPDATE - blur Group cementing global leadership position
By John Harrington September 24 2013, 12:49pm Cumulative projects submitted as of 19 September total 2,675 with a combined value of over US$48mlnCumulative projects submitted as of 19 September total 2,675 with a combined value of over US$48mln
---ADDS CHIEF EXECUTIVE AND BROKER COMMENTS---
Brokers are revising their revenue forecasts upwards after services-commerce firm blur Group (LON:BLUR) said its latest metrics indicate accelerated growth in the use of the business exchange.
The fast-growing crowd-sourcing firm set the bar high in the first half of 2013, with revenue leaping by 250% to US$3.41mln from US$975,000 in the corresponding period of 2012, and the company is already running well ahead of the US$2.81mln in revenue achieved in the whole of 2012.
Gross profit jumped 131% to US$790,000 from US$730,000 the year before, while the underlying loss (LBITDA) widened to US$1.56mln from US$454,000, reflecting increased investment in the corporate sales function, marketing spend and platform infrastructure in the first half of the year.
That investment appears to be paying off, with the group reporting accelerated growth in the use of the business exchange in the third quarter.
The cash balance at the end of June stood at US$13.12mln, up from US$797,994 a year earlier, after the group’s successful fund raising in June.
“The acceleration in adoption and the evolution in the profile of the companies and experts who use the Global Services Exchange, provide clear evidence that s-commerce has completed the transition from concept to a proven way of buying and delivering business services,” said chief executive officer, Philip Letts.
“blur can now fully capitalise on its first mover advantage in this market, widely estimated to be worth in excess of US$2 trillion. Our plans are to focus on the continued ‘industrialisation’ of the Exchange, providing the scalability required for the global uptake of s-commerce. Funded by the overwhelming support in our June fundraise, this will include the accelerated growth of regional sales; an increased focus on global customer acquisition through digital channels; and a strong emphasis on R&D to deliver even greater platform functionality for all users of the Exchange and continued growth in our key metrics,” he added.
City broker Liberum reiterated its ‘buy’ rating on the stock and raised its revenue forecasts for the current year and the next by 4% and 12% respectively, following the accelerating in top line growth in the third quarter.
“However, to capitalise on its first mover advantage in the emerging s-commerce market, blur is adding headcount faster than expected which leads to a US$1mln reduction to our FY’13E EBITDA forecast. No major change to FY’14E EBITDA. blur’s s-commerce platform is moving from concept towards mass adoption,” Liberum said.
Speaking to Proactive Investors about the investment, Letts said the trick is to “invest at the right point of the curve”.
“What we’ve been working on since the secondary financing was completed in June was, first of all, to accelerate a few investments [to promote growth] and Q3 has played out, in terms of getting the return,” Letts said.
“So, we’ve seen the number of projects accelerate again over Q2. We’ve seen the total project values click up a whole other gear on Q2, which I think surprised everyone, because Q2 was quite a transformative quarter over Q1, and we’ve also seen the average project value track really nicely.”
The general consensus among brokers is that the company will move into profit in 2015 at the EBITDA (underlying earnings) level, and that view has not been changed by the interim results.
The pick-up in sales growth has caused some excitement, however, as the group cements its lead in a global services market that has been estimated by Gartner, the research firm, as a US$2,000bn a year market.
Letts’s aim is to build on its first mover advantage in the s-commerce space, a market he thinks could be as big as the e-commerce arena.
With no debt and a pile of money in the bank, the company is in a good position to press on with an already impressive customer acquisition programme. A lot of blur’s marketing is done for it by ‘word of mouth’ but even the paid-for stuff is done on a very cost-effective basis.
“We use all digital channels, the kind of channels e-commerce companies have been using for many years.
“Our cost of acquisition for a B2B [business-to-business] tech platform is almost unprecedented; it’s very low,” Letts revealed.
“We have nearly 35,000 businesses on the exchange, and we’re adding nearly 1,200 businesses on a monthly basis. For any B2B tech platform, that’s extremely fast.
“There’s a groundswell acceptance [in the s-commerce sector] that doing it online might be better,” Letts concluded.
By John Harrington September 24 2013, 12:49pm Cumulative projects submitted as of 19 September total 2,675 with a combined value of over US$48mlnCumulative projects submitted as of 19 September total 2,675 with a combined value of over US$48mln
---ADDS CHIEF EXECUTIVE AND BROKER COMMENTS---
Brokers are revising their revenue forecasts upwards after services-commerce firm blur Group (LON:BLUR) said its latest metrics indicate accelerated growth in the use of the business exchange.
The fast-growing crowd-sourcing firm set the bar high in the first half of 2013, with revenue leaping by 250% to US$3.41mln from US$975,000 in the corresponding period of 2012, and the company is already running well ahead of the US$2.81mln in revenue achieved in the whole of 2012.
Gross profit jumped 131% to US$790,000 from US$730,000 the year before, while the underlying loss (LBITDA) widened to US$1.56mln from US$454,000, reflecting increased investment in the corporate sales function, marketing spend and platform infrastructure in the first half of the year.
That investment appears to be paying off, with the group reporting accelerated growth in the use of the business exchange in the third quarter.
The cash balance at the end of June stood at US$13.12mln, up from US$797,994 a year earlier, after the group’s successful fund raising in June.
“The acceleration in adoption and the evolution in the profile of the companies and experts who use the Global Services Exchange, provide clear evidence that s-commerce has completed the transition from concept to a proven way of buying and delivering business services,” said chief executive officer, Philip Letts.
“blur can now fully capitalise on its first mover advantage in this market, widely estimated to be worth in excess of US$2 trillion. Our plans are to focus on the continued ‘industrialisation’ of the Exchange, providing the scalability required for the global uptake of s-commerce. Funded by the overwhelming support in our June fundraise, this will include the accelerated growth of regional sales; an increased focus on global customer acquisition through digital channels; and a strong emphasis on R&D to deliver even greater platform functionality for all users of the Exchange and continued growth in our key metrics,” he added.
City broker Liberum reiterated its ‘buy’ rating on the stock and raised its revenue forecasts for the current year and the next by 4% and 12% respectively, following the accelerating in top line growth in the third quarter.
“However, to capitalise on its first mover advantage in the emerging s-commerce market, blur is adding headcount faster than expected which leads to a US$1mln reduction to our FY’13E EBITDA forecast. No major change to FY’14E EBITDA. blur’s s-commerce platform is moving from concept towards mass adoption,” Liberum said.
Speaking to Proactive Investors about the investment, Letts said the trick is to “invest at the right point of the curve”.
“What we’ve been working on since the secondary financing was completed in June was, first of all, to accelerate a few investments [to promote growth] and Q3 has played out, in terms of getting the return,” Letts said.
“So, we’ve seen the number of projects accelerate again over Q2. We’ve seen the total project values click up a whole other gear on Q2, which I think surprised everyone, because Q2 was quite a transformative quarter over Q1, and we’ve also seen the average project value track really nicely.”
The general consensus among brokers is that the company will move into profit in 2015 at the EBITDA (underlying earnings) level, and that view has not been changed by the interim results.
The pick-up in sales growth has caused some excitement, however, as the group cements its lead in a global services market that has been estimated by Gartner, the research firm, as a US$2,000bn a year market.
Letts’s aim is to build on its first mover advantage in the s-commerce space, a market he thinks could be as big as the e-commerce arena.
With no debt and a pile of money in the bank, the company is in a good position to press on with an already impressive customer acquisition programme. A lot of blur’s marketing is done for it by ‘word of mouth’ but even the paid-for stuff is done on a very cost-effective basis.
“We use all digital channels, the kind of channels e-commerce companies have been using for many years.
“Our cost of acquisition for a B2B [business-to-business] tech platform is almost unprecedented; it’s very low,” Letts revealed.
“We have nearly 35,000 businesses on the exchange, and we’re adding nearly 1,200 businesses on a monthly basis. For any B2B tech platform, that’s extremely fast.
“There’s a groundswell acceptance [in the s-commerce sector] that doing it online might be better,” Letts concluded.
dreamcatcher
- 24 Sep 2013 16:52
- 78 of 471
Looking very good :-))
Shares today - The challenge now is how to value Blur. That’s always difficult for this kind of hyper-growth business, where revenues are forecast to jump roughly 10-fold by 2016 to close on $100 million. Of the three analysts from whom I’ve seen comment today, none has published a target price, even on a discounted cashflow (DCF) analysis. They will, in time. Perhaps a day or two from now I’d suspect, but for the moment, it appears that even hard-nosed City number crunchers have been tripped up by just how fast Blur’s future is clearing.
Shares today - The challenge now is how to value Blur. That’s always difficult for this kind of hyper-growth business, where revenues are forecast to jump roughly 10-fold by 2016 to close on $100 million. Of the three analysts from whom I’ve seen comment today, none has published a target price, even on a discounted cashflow (DCF) analysis. They will, in time. Perhaps a day or two from now I’d suspect, but for the moment, it appears that even hard-nosed City number crunchers have been tripped up by just how fast Blur’s future is clearing.
halifax - 24 Sep 2013 16:59 - 79 of 471
all very well talking this share up on turnover increases but what about some bottom line projections?
dreamcatcher
- 24 Sep 2013 17:19
- 80 of 471
24 Sep Shore Capital N/A Buy
24 Sep Liberum Capital N/A Buy
24 Sep N+1 Singer N/A Corporate
24 Sep Liberum Capital N/A Buy
24 Sep N+1 Singer N/A Corporate
halifax - 24 Sep 2013 18:48 - 81 of 471
dc no answer?
dreamcatcher
- 24 Sep 2013 19:20
- 82 of 471
Halifax, How can bottom line be shown when the company is not expected to move into profit until 2015 (due to large set up costs , that I might say are going to reward huge)
dreamcatcher
- 24 Sep 2013 19:32
- 83 of 471
Halifax I suggest you do a bit more homework on this company. The city not just analysts are over the moon. The company has to build like any company has too.
The size of the market (huge} that Blur is chasing and the speed it is picking up contracts is all helping to drive the sp. The sp is very much like WANdisco the market knows fully if all goes well what the company will achieve. If you feel its to risky for you I would advise you to not invest. My investment nearly up 100% in a few weeks I cannot complain.
The size of the market (huge} that Blur is chasing and the speed it is picking up contracts is all helping to drive the sp. The sp is very much like WANdisco the market knows fully if all goes well what the company will achieve. If you feel its to risky for you I would advise you to not invest. My investment nearly up 100% in a few weeks I cannot complain.
dreamcatcher
- 24 Sep 2013 21:15
- 84 of 471
Halifax no answer ?
halifax - 25 Sep 2013 08:48 - 85 of 471
dc if the company is being managed properly they should have projections for bottom line not just revenue growth, so give us the full picture.
Dil
- 25 Sep 2013 09:18
- 86 of 471
halifax ... if it's going up buy it , if it's going down short it.
Hope this helps.
Hope this helps.
mcgrath1958 - 25 Sep 2013 13:47 - 87 of 471
DC thanks for your informative postings!
dreamcatcher
- 25 Sep 2013 15:02
- 88 of 471
Halifax stop the wind up, and look up the info .
Give Blur's accountants a call. lol
Give Blur's accountants a call. lol
halifax - 25 Sep 2013 16:13 - 89 of 471
dc so you don't know?
dreamcatcher
- 25 Sep 2013 16:18
- 90 of 471
I know all I need to know, thanks. You go and find out what you do not know.
halifax - 25 Sep 2013 16:19 - 91 of 471
dc keep ramping on the basis of no overall knowledge.
dreamcatcher
- 25 Sep 2013 16:21
- 92 of 471
What ever you say.
dreamcatcher
- 25 Sep 2013 16:23
- 93 of 471
No I have no knowledge in nothing everyone can see that, lost miillions.
halifax - 25 Sep 2013 16:25 - 94 of 471
ah hit a nerve becoming abusive like so many of your colleagues when they are found out!
halifax - 25 Sep 2013 16:48 - 95 of 471
where's skin with his ramp?
dreamcatcher
- 25 Sep 2013 16:49
- 96 of 471
Have you purchased any yet halifax ?
halifax - 25 Sep 2013 16:53 - 97 of 471
what do you think, sure you have punted some.
dreamcatcher
- 25 Sep 2013 16:57
- 98 of 471
lol
dreamcatcher
- 25 Sep 2013 17:05
- 99 of 471
Well you have missed another 3.5% rise today. lol
Greyhound - 26 Sep 2013 07:51 - 100 of 471
Investors Chronicle turning positive with buy rec despite 4-fold increase this year
dreamcatcher
- 26 Sep 2013 11:30
- 101 of 471
Greyhound - 26 Sep 2013 13:04 - 102 of 471
Thanks again dreamcatcher, just seen that on my Bloomie too.
dreamcatcher
- 28 Sep 2013 20:44
- 103 of 471
dreamcatcher
- 01 Oct 2013 07:10
- 104 of 471
Appointment of Non-Executive Director
RNS
RNS Number : 3407P
blur (Group) plc
01 October 2013
1 October, 2013
blur (Group) plc
("blur," the "Group" or the "Company")
Board Appointment
David Sherriff of Microgen joins blur Group as Non-Executive Director
Building on blur Group's incredible momentum to date
blur (Group) plc, (LSE AIM: BLUR), the company that is reinventing commerce at blurgroup.com, today announces the appointment to the board of David Sherriff as a non-executive Director, effective immediately.
Philip Letts, CEO blur (Group) plc, said "As blur Group seeks to capitalize on its share of the $2 trillion global services industry, the non-executive director team becomes a strategic cornerstone of this growth. David brings an exceptional track record in growing public, international technology companies, having been instrumental in growing ECsoft Group in the early 90s and more recently in senior roles at Microgen plc, where he was appointed Chief Executive Officer in 2011. His appointment builds on the outstanding team of non-executive directors already on board which includes Richard Bourne-Arton and Robert Brooksbank. This hire is key to building on blur's powerful momentum to date."
David Sherriff, Non-Executive Director, blur (Group) plc said, "I am delighted to have been invited to join blur Group's Board. This is a very exciting time in this British company's evolution and I look forward to working with the other members of the Board and support the industrialisation of its Exchange following the launch of blur 3.0 and build on the success achieved to date in the s-commerce market."
Regulatory Information
David John Sherriff (aged 50) currently holds, and has during the last five years immediately preceding the date of this announcement held, the following directorships or partnerships:
Current Past
Microgen plc None
Brynmeini Partnership
There are no other matters which are required to be announced as required under paragraph (g) of Schedule 2 of the AIM Rules.
-ENDS-
dreamcatcher
- 01 Oct 2013 16:30
- 105 of 471
blur Group has plenty of horsepower under the bonnet
By John Harrington October 01 2013, 1:21pm
Growth in average deal size, project completion rates and repeat business provides strong evidence that the value proposition is gaining traction, Edison said.Growth in average deal size, project completion rates and repeat business provides strong evidence that the value proposition is gaining traction, Edison said.
Investors who got on board when blur Group (LON:BLUR) floated at 82p are sitting on a mouth-watering profit, but this is no time to cash in, says Edison Research.
The crowd-sourcing specialist released interims last week that showed revenues increased 250% year-on-year in the first half of 2013. Intriguingly, the company said momentum accelerated in the third quarter, prompting Edison to envisage a scenario in which revenues double each year to 2020. That scenario, according to Edison, would yield a value close to £10 a share.
“Using a weighted average cost of capital of 12.5%, our reverse discounted cash flow [calculation] indicates the market is discounting [a] circa 100% compound annualised growth rate in revenues over the next three years before tapering off gradually,” analysts Bridie Barrett Schmidt and Dan Risdale write.
“Given the substantial market opportunity, if the network effect really takes hold, then maintaining a more rapid growth trajectory is possible,” the analysts assert.
With the exponential growth rates being seen at the moment, Edison would not expect the current rate of deriving around 20% of projects from repeat customers to be maintained, and getting lots of new customers on board through word of mouth is obviously no bad thing.
However, Edison believes repeat business is an “important metric to driving profitability in the longer term as not only does it improve the visibility of the top line, but also repeat customers should require less investment in marketing and exchange support.”
Edison notes that, throughout the group’s breakneck growth phase, only one person has been added to the exchange support team.
Head count is on the rise, however, with the payroll rising to 58 at the half-year stage from 19 a year earlier, with resources being directed into research & development and the corporate sales team. Edison said this investment was a strategically sound one on the part of blur’s management.
“This incremental investment in sales is expected to deliver higher-value projects, but also more repeat business. The latest version of the platform, blur 3.0, was launched in August and supports a higher throughput and greater efficiencies; project sizes up to US$5m can now be accepted and more automation has been introduced with regards to exchange support (blur Sense). Initial signs are that the extra investment is driving increased top-line momentum,” the research house notes.
“Although it is hard to know at what point the ‘network effects’ of an online exchange kick in, the extra investment in sales and marketing should in itself help sustain the exponential growth rates currently being enjoyed,” Edison said.
For the market to start to build in to the price a higher medium-term growth rate, Edison thinks investors will need to see ongoing evidence that: 1) the network effect is coming into play and top-line growth can be maintained; and 2) the top-line growth will convert to robust EBITDA margins.
For the latter, Edison will look to efficiency metrics such as the share of projects that are competed, share of repeat business, the average project size and the degree to which the exchange support function can be automated.
Shares in blur Group were up 4.7% in afternoon trading at 43.5p, after the company signed up Microgen boss David Sherriff to its board as a non-executive director.
By John Harrington October 01 2013, 1:21pm
Growth in average deal size, project completion rates and repeat business provides strong evidence that the value proposition is gaining traction, Edison said.Growth in average deal size, project completion rates and repeat business provides strong evidence that the value proposition is gaining traction, Edison said.
Investors who got on board when blur Group (LON:BLUR) floated at 82p are sitting on a mouth-watering profit, but this is no time to cash in, says Edison Research.
The crowd-sourcing specialist released interims last week that showed revenues increased 250% year-on-year in the first half of 2013. Intriguingly, the company said momentum accelerated in the third quarter, prompting Edison to envisage a scenario in which revenues double each year to 2020. That scenario, according to Edison, would yield a value close to £10 a share.
“Using a weighted average cost of capital of 12.5%, our reverse discounted cash flow [calculation] indicates the market is discounting [a] circa 100% compound annualised growth rate in revenues over the next three years before tapering off gradually,” analysts Bridie Barrett Schmidt and Dan Risdale write.
“Given the substantial market opportunity, if the network effect really takes hold, then maintaining a more rapid growth trajectory is possible,” the analysts assert.
With the exponential growth rates being seen at the moment, Edison would not expect the current rate of deriving around 20% of projects from repeat customers to be maintained, and getting lots of new customers on board through word of mouth is obviously no bad thing.
However, Edison believes repeat business is an “important metric to driving profitability in the longer term as not only does it improve the visibility of the top line, but also repeat customers should require less investment in marketing and exchange support.”
Edison notes that, throughout the group’s breakneck growth phase, only one person has been added to the exchange support team.
Head count is on the rise, however, with the payroll rising to 58 at the half-year stage from 19 a year earlier, with resources being directed into research & development and the corporate sales team. Edison said this investment was a strategically sound one on the part of blur’s management.
“This incremental investment in sales is expected to deliver higher-value projects, but also more repeat business. The latest version of the platform, blur 3.0, was launched in August and supports a higher throughput and greater efficiencies; project sizes up to US$5m can now be accepted and more automation has been introduced with regards to exchange support (blur Sense). Initial signs are that the extra investment is driving increased top-line momentum,” the research house notes.
“Although it is hard to know at what point the ‘network effects’ of an online exchange kick in, the extra investment in sales and marketing should in itself help sustain the exponential growth rates currently being enjoyed,” Edison said.
For the market to start to build in to the price a higher medium-term growth rate, Edison thinks investors will need to see ongoing evidence that: 1) the network effect is coming into play and top-line growth can be maintained; and 2) the top-line growth will convert to robust EBITDA margins.
For the latter, Edison will look to efficiency metrics such as the share of projects that are competed, share of repeat business, the average project size and the degree to which the exchange support function can be automated.
Shares in blur Group were up 4.7% in afternoon trading at 43.5p, after the company signed up Microgen boss David Sherriff to its board as a non-executive director.
dreamcatcher
- 01 Oct 2013 16:34
- 106 of 471
UPDATE - blur Group bolsters board
By Jamie Nimmo October 01 2013, 9:15am blur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to dateblur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to date
---ADDS SHARE PRICE, ANALYST COMMENT AND PRICE TARGET---
S-commerce specialist blur Group (LON:BLUR) has signed up David Sherriff to its board as a non-executive director.
Sherriff is the chief executive of London-listed IT services firm Microgen (LON:MCGN).
blur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to date.
“As blur Group seeks to capitalize on its share of the US$2 trillion global services industry, the non-executive director team becomes a strategic cornerstone of this growth,” said Letts.
“David brings an exceptional track record in growing public, international technology companies, having been instrumental in growing ECsoft Group in the early 90s and more recently in senior roles at Microgen plc, where he was appointed chief executive officer in 2011.”
David Sherriff said: “This is a very exciting time in this British company's evolution and I look forward to working with the other members of the board and support the industrialisation of its Exchange following the launch of blur 3.0 and build on the success achieved to date in the s-commerce market.”
The share price rose 3% to 437p on the news and is up 460% in the year to date, making it one of AIM’s top performers in 2013.
“blur continues to build and strengthen its operational and management structure to support its strong growth, ensuring it remains well positioned to build on its positive momentum and first mover advantage,” said Tintin Stormont, analyst at N+1 Singer.
She said the company’s third quarter update should confirm the “continuing strong trajectory.”
Tuesday’s news follows a series of material announcements that have revealed blur is delivering on its huge promise as a potentially disruptive global exchange for services.
The research house Edison reckons the stock has plenty more headroom – up to £10 a share if certain landmarks are met.
It said blur’s continued strong momentum is supported by the growth in average deal size on its platform, project completion rates and repeat business.
This “enhances the prospect of the network effect coming into play and helps de-risk the proposition”, analysts Bridie Barrett Schmidt and Dan Ridsdale added.
“Given the substantial market opportunity, if the network effect really takes hold, then maintaining a more rapid growth trajectory is possible,” they went on.
A scenario in which revenues double each year to 2020 would yield a value close to £10 per share, they concluded.
By Jamie Nimmo October 01 2013, 9:15am blur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to dateblur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to date
---ADDS SHARE PRICE, ANALYST COMMENT AND PRICE TARGET---
S-commerce specialist blur Group (LON:BLUR) has signed up David Sherriff to its board as a non-executive director.
Sherriff is the chief executive of London-listed IT services firm Microgen (LON:MCGN).
blur’s chief executive Philip Letts said the hire is “key” to building on the company’s momentum to date.
“As blur Group seeks to capitalize on its share of the US$2 trillion global services industry, the non-executive director team becomes a strategic cornerstone of this growth,” said Letts.
“David brings an exceptional track record in growing public, international technology companies, having been instrumental in growing ECsoft Group in the early 90s and more recently in senior roles at Microgen plc, where he was appointed chief executive officer in 2011.”
David Sherriff said: “This is a very exciting time in this British company's evolution and I look forward to working with the other members of the board and support the industrialisation of its Exchange following the launch of blur 3.0 and build on the success achieved to date in the s-commerce market.”
The share price rose 3% to 437p on the news and is up 460% in the year to date, making it one of AIM’s top performers in 2013.
“blur continues to build and strengthen its operational and management structure to support its strong growth, ensuring it remains well positioned to build on its positive momentum and first mover advantage,” said Tintin Stormont, analyst at N+1 Singer.
She said the company’s third quarter update should confirm the “continuing strong trajectory.”
Tuesday’s news follows a series of material announcements that have revealed blur is delivering on its huge promise as a potentially disruptive global exchange for services.
The research house Edison reckons the stock has plenty more headroom – up to £10 a share if certain landmarks are met.
It said blur’s continued strong momentum is supported by the growth in average deal size on its platform, project completion rates and repeat business.
This “enhances the prospect of the network effect coming into play and helps de-risk the proposition”, analysts Bridie Barrett Schmidt and Dan Ridsdale added.
“Given the substantial market opportunity, if the network effect really takes hold, then maintaining a more rapid growth trajectory is possible,” they went on.
A scenario in which revenues double each year to 2020 would yield a value close to £10 per share, they concluded.
js8106455 - 04 Oct 2013 13:15 - 107 of 471
LISTEN: blur Group #BLUR - Q4 starts with another $1m+ project arriving on the Exchange
Click here to listen
Click here to listen
mcgrath1958 - 04 Oct 2013 16:58 - 108 of 471
Good find js81 , seem's to explain the almost constant rise in the share price, a lot more going on in the back ground with Blur than we realise, which is a good thing obviously!!
js8106455 - 08 Oct 2013 09:04 - 109 of 471
LISTEN: blur Group #BLUR - Q3 metrics update s-commerce adoption accelerates
Click the link to listen
http://www.brrmedia.co.uk/event/116905/philip-letts-chief-executive-officer
Click the link to listen
http://www.brrmedia.co.uk/event/116905/philip-letts-chief-executive-officer
kevkan
- 14 Oct 2013 08:24
- 110 of 471
Revenue stream increasing further - dyor
$11.1m revenue in the first 14 days of Q4 at an average value of $106,000, 64% of Q3 totals.
$11.1m revenue in the first 14 days of Q4 at an average value of $106,000, 64% of Q3 totals.
dreamcatcher
- 18 Oct 2013 15:12
- 111 of 471
In IC this week - Blur is on course to more than triple revenue this year, and analysts expect the group, which runs an online exchange for businesses to commission services and experts to pitch for the work, to easily double the top line for years to come. Stunning first half growth and revenue of £10.8m was 84% higher than the previous quarter
halifax - 18 Oct 2013 16:50 - 112 of 471
what about the bottom line?
dreamcatcher
- 18 Oct 2013 16:56
- 113 of 471
I have told you before Halifax. Go to the company as I have told you with Wandisco. lol
dreamcatcher
- 18 Oct 2013 16:57
- 114 of 471
You tell me, I am very pleased with the performance of this company.
halifax - 18 Oct 2013 16:57 - 115 of 471
don't you know the answer?
dreamcatcher
- 18 Oct 2013 16:58
- 116 of 471
Yes I do, Stop the wind up.
dreamcatcher
- 18 Oct 2013 16:58
- 117 of 471
Again another one you missed. lol
dreamcatcher
- 18 Oct 2013 17:01
- 118 of 471
What is it with WANDisco and Blur. I know they have made shareholders bucket loads and you don't like it. Well you are just going to have to get used to it as they are going to be about for some time. lol
dreamcatcher
- 18 Oct 2013 17:02
- 119 of 471
Not going to waste time answering anything else from you .
halifax - 18 Oct 2013 17:17 - 120 of 471
which confirms our suspicion that you can't give us an answer?
dreamcatcher
- 18 Oct 2013 19:26
- 121 of 471
Halifax -
From the BES thread -
halifax - 18 Oct 2013 18:06 - 95 of 97
dc isn't it time you admitted you haven't a clue what EBITDA WAND and BLUR may or may not achieve?
Here is the answer to you question, again If you had researched the company as per myself you would not be asking. You clearly have done no research showing in the content of your question . Your EBITDA is in fact a LBITDA.
I HAVE DONE MY HOMEWORK TO INVEST HERE. IF YOU ARE AGAIN NOT HAPPY WITH THE ANSWER GIVEN CONTACT THE COMPANY.
AND PLEASE DO NOT KEEP TRYING TO MAKE ME LOOK SMALL. :-))
Blur -
From the 24 Sept 13 Interims
LBITDA1 of $1.56m, in line with management’s expectations
WANDisco -
24 Sept 13 interims
LBITDA of (£3.32m) Six months to 30 June 13
From the BES thread -
halifax - 18 Oct 2013 18:06 - 95 of 97
dc isn't it time you admitted you haven't a clue what EBITDA WAND and BLUR may or may not achieve?
Here is the answer to you question, again If you had researched the company as per myself you would not be asking. You clearly have done no research showing in the content of your question . Your EBITDA is in fact a LBITDA.
I HAVE DONE MY HOMEWORK TO INVEST HERE. IF YOU ARE AGAIN NOT HAPPY WITH THE ANSWER GIVEN CONTACT THE COMPANY.
AND PLEASE DO NOT KEEP TRYING TO MAKE ME LOOK SMALL. :-))
Blur -
From the 24 Sept 13 Interims
LBITDA1 of $1.56m, in line with management’s expectations
WANDisco -
24 Sept 13 interims
LBITDA of (£3.32m) Six months to 30 June 13
halifax - 19 Oct 2013 01:06 - 122 of 471
dc are you a clown losses are not earnings, how can either of these companies justify their current (ramped) market caps?
dreamcatcher
- 19 Oct 2013 06:51
- 123 of 471
You have clearly a lot to earn 'little man' so as said before ring the company and stop going on at me as now it is getting concerning. Ring an accountant and let him explain things to you, as you clearly have not an ounce of idea. Watch and learn. And buy the way do you really think a new company makes profits instantly, well stop trying to act as you know it all. lol . I have given you the phone numbers .
LOOK FORWARD TO A REPLY WHEN YOU HAVE SPOKEN TO THE COMPANY CEO's.
WOULD YOU PLEASE ANSWER THIS AND GO AHEAD AND PHONE THEM ON MONDAY
AND COME BACK AND TELL US WHAT THEY TELL YOU WHEN YOU TELL THEM THEIR SHARE PRICES ARE RAMPED UP, GOOD LUCK.
AGAIN I WANT THIS ANSWERED OR WATCH AND SHUT UP.
LOOK FORWARD TO YOUR AMUSING, NO VERY AMUSING ANSWER ON MONDAY BIG MAN. WHY DO I THINK MONDAY WILL PASS LOL :-))
GOOD WEEKEND.
I'M ABOUT MONDAY, SO LOOKING FORWARD TO ATLEAST ONE ANSWER TO A QUESTION PUT TO YOU, AS I HAVE COURTEOUSLY ANSWERED YOURS.
WHEN YOU COME BACK AND TELL THE THREAD THE COMPANY CEO'S HAVE AGREED WITH YOU, YOU WILL WIN MY GREATEST RESPECT. LOL
CLOWN - THERE IS ONLY ONE ON HERE. LOL
You have done no research so here is the names you will be speaking too -
Blur - Mr Phillip Letts (company ceo) Tel +44 0 800 0488664
Wand - Mr David Richards (company Ceo and founder) 1 925 380 1728
Already given you Wand's number , oh dear you never come back with that question given to you. Not surprised really.
Done the hard work for you, now you do the very easy bit and tell these two company ceo.s what you are telling me. Wand are very quick to answer questions put to them.
REPEAT IN ALL DAY MONDAY, DON'T LET US DOWN, DON'T WORRY ABOUT THE COST OF THE CALLS AS WHEN YOU COME BACK WITH YOUR ANSWERS I WILL PAY YOU FOR THE TWO CALLS. YOU HAVE NO EXCUSE NOW OR YOU ARE GOING TO LOOK A RIGHT ----------
LOOK FORWARD TO A REPLY WHEN YOU HAVE SPOKEN TO THE COMPANY CEO's.
WOULD YOU PLEASE ANSWER THIS AND GO AHEAD AND PHONE THEM ON MONDAY
AND COME BACK AND TELL US WHAT THEY TELL YOU WHEN YOU TELL THEM THEIR SHARE PRICES ARE RAMPED UP, GOOD LUCK.
AGAIN I WANT THIS ANSWERED OR WATCH AND SHUT UP.
LOOK FORWARD TO YOUR AMUSING, NO VERY AMUSING ANSWER ON MONDAY BIG MAN. WHY DO I THINK MONDAY WILL PASS LOL :-))
GOOD WEEKEND.
I'M ABOUT MONDAY, SO LOOKING FORWARD TO ATLEAST ONE ANSWER TO A QUESTION PUT TO YOU, AS I HAVE COURTEOUSLY ANSWERED YOURS.
WHEN YOU COME BACK AND TELL THE THREAD THE COMPANY CEO'S HAVE AGREED WITH YOU, YOU WILL WIN MY GREATEST RESPECT. LOL
CLOWN - THERE IS ONLY ONE ON HERE. LOL
You have done no research so here is the names you will be speaking too -
Blur - Mr Phillip Letts (company ceo) Tel +44 0 800 0488664
Wand - Mr David Richards (company Ceo and founder) 1 925 380 1728
Already given you Wand's number , oh dear you never come back with that question given to you. Not surprised really.
Done the hard work for you, now you do the very easy bit and tell these two company ceo.s what you are telling me. Wand are very quick to answer questions put to them.
REPEAT IN ALL DAY MONDAY, DON'T LET US DOWN, DON'T WORRY ABOUT THE COST OF THE CALLS AS WHEN YOU COME BACK WITH YOUR ANSWERS I WILL PAY YOU FOR THE TWO CALLS. YOU HAVE NO EXCUSE NOW OR YOU ARE GOING TO LOOK A RIGHT ----------
halifax - 19 Oct 2013 08:45 - 124 of 471
dc keep ramping!!
Chris Carson
- 19 Oct 2013 09:46
- 125 of 471
DC - Not sure why Hali keeps picking on you, don't rise to the bait. Remember the old adage "IF THEY CAN'T TAKE A JOKE FXXK EM!" :O)
Chris Carson
- 19 Oct 2013 10:16
- 126 of 471
Powered by IST's
Deltastream
Chris Carson
- 19 Oct 2013 10:21
- 127 of 471
Never traded Blur (or WAND either) looking at the Blur chart above, what exactly is there not to like about it? Thanks to dc I will now put it on my watch list, do my own research and decide whether or not to trade it. Just how exactly is dc guilty of ramping halifax?
dreamcatcher
- 19 Oct 2013 11:39
- 128 of 471
I gather you did not like that halifax. If you are associated with money am well that's up to them, but you need pulling into line whether you like it or not. You I see have hounded posters here before and your not doing it to me. You have picked on the wrong sort. Money am needs to get hold of this as the squelch button is not dealing with your sorts.
Thanks Chris. If a few more posters stood up to the small man trying to act big then money am would be so much better. I have been on here long enough for posters to see that yes if I think a company is going places, I will produce information to show so and of course I also say if its not looking good. Given up giving my own views due to Halifax types. What draws him is the fact they are on the way to becoming two very exceptional company's and he does not like it. Does he think Its by chance that I have picked the comps I have. Hours of research go in. I don't believe this man, you answer his questions and then he throws answers back in your face, as if I am one of the board of directors. I have asked him a question in the above post and look forward to the answer Monday.
You be sure to answer my question halifax.
Judgement day Monday halifax.
Thanks Chris. If a few more posters stood up to the small man trying to act big then money am would be so much better. I have been on here long enough for posters to see that yes if I think a company is going places, I will produce information to show so and of course I also say if its not looking good. Given up giving my own views due to Halifax types. What draws him is the fact they are on the way to becoming two very exceptional company's and he does not like it. Does he think Its by chance that I have picked the comps I have. Hours of research go in. I don't believe this man, you answer his questions and then he throws answers back in your face, as if I am one of the board of directors. I have asked him a question in the above post and look forward to the answer Monday.
You be sure to answer my question halifax.
Judgement day Monday halifax.
halifax - 20 Oct 2013 09:09 - 129 of 471
dc "if you can't stand the heat.......etc"!
dreamcatcher
- 20 Oct 2013 09:20
- 130 of 471
dc "if you can't stand the heat.......etc"!
The heat is on you now halifax, I'm nice and cool.
Monday halifax I'm waiting, you have dug a big hole. I'm waiting for the two questions put to you. Please do not ignore them. Again I have answered questions for you, so get my answers.
I WANT POST 123 ANSWERED BY CLOSE OF BUSINESS MONDAY, SO AS YOU SAY LETS SEE IF YOU CAN TAKE THE HEAT. NOT NICE IS IT WHEN THE BOOT IS ON THE OTHER FOOT.
ANY MORE HARASSMENT ON HERE AND I'M GOING STRAIGHT IN TO MONEYAM. I HAVE TOLD YOU.
The heat is on you now halifax, I'm nice and cool.
Monday halifax I'm waiting, you have dug a big hole. I'm waiting for the two questions put to you. Please do not ignore them. Again I have answered questions for you, so get my answers.
I WANT POST 123 ANSWERED BY CLOSE OF BUSINESS MONDAY, SO AS YOU SAY LETS SEE IF YOU CAN TAKE THE HEAT. NOT NICE IS IT WHEN THE BOOT IS ON THE OTHER FOOT.
ANY MORE HARASSMENT ON HERE AND I'M GOING STRAIGHT IN TO MONEYAM. I HAVE TOLD YOU.
halifax - 20 Oct 2013 09:58 - 131 of 471
dc so what?
david lucas - 20 Oct 2013 20:11 - 132 of 471
Halifax. Answer the question or just go away and leave dc alone. Monday awaits you.
doodlebug4 - 20 Oct 2013 20:33 - 133 of 471
david lucas, why have you suddenly got involved in this arguement when you have only recently started posting on this bulletin board. Just curious.
halifax - 20 Oct 2013 22:36 - 134 of 471
doodle don't worry we know who they all work for.
dreamcatcher
- 21 Oct 2013 06:34
- 135 of 471
halifax - 20 Oct 2013 22:36 - 134 of 135
doodle don't worry we know who they all work for.
Now you have entered a different league, slander. This is clearly against Moneyam rules and I would ask them to remove all your posts and take the necessary action with you.
IanT(MoneyAM)
- 21 Oct 2013 08:21
- 136 of 471
can I remind everyone that personal abuse is not acceptable on this forum. and further breach of this by any poster will result in their removal from posting,
Ian
Ian
Chris Carson
- 21 Oct 2013 08:39
- 137 of 471
Thirty five mins from the open SP up 38p if you wanted to be cynical @ £10 per point spread bet up £380 what a shit punt dc :O)
mcgrath1958 - 21 Oct 2013 09:57 - 138 of 471
DC , Halifax Bomber won't like Blue is the colour today , so enjoy!!
HARRYCAT
- 22 Oct 2013 09:34
- 139 of 471
I am not a holder and don't have any intention to buy this stock, but for those that are interested, this from IC this week:
"Blur is on course to more than triple revenue this year and analysts expect the group, which runs an online exchange for businesses to commission services and experts, to pitch for the work to easily double the top line for years to come. Stunning first half growth convinced us to to upgrade the shares to buy last month and record breaking third quarter metrics justified our confidence. Revenue of $17.3m was 84% higher than the previous quarter.
Seven and a half years since founding Blur and one year on from the IPO, chief executive Phillip Letts has just pocketed £3.6m after selling 900,000 shares at £4 each. Non-executive director Richard Bourne-Arton sold a £380,000 stake too. Mr. Letts has 14.1m shares left, almost half the company and will not sell any more for the 'foreseeable future'. Board member Robert Brooksbank snapped up 35,000 shares at 429p. We still like the story and a forecast enterprise value-to-sales ratio of four in 2015 is in line with the industry average. Buy at 425p.
"Blur is on course to more than triple revenue this year and analysts expect the group, which runs an online exchange for businesses to commission services and experts, to pitch for the work to easily double the top line for years to come. Stunning first half growth convinced us to to upgrade the shares to buy last month and record breaking third quarter metrics justified our confidence. Revenue of $17.3m was 84% higher than the previous quarter.
Seven and a half years since founding Blur and one year on from the IPO, chief executive Phillip Letts has just pocketed £3.6m after selling 900,000 shares at £4 each. Non-executive director Richard Bourne-Arton sold a £380,000 stake too. Mr. Letts has 14.1m shares left, almost half the company and will not sell any more for the 'foreseeable future'. Board member Robert Brooksbank snapped up 35,000 shares at 429p. We still like the story and a forecast enterprise value-to-sales ratio of four in 2015 is in line with the industry average. Buy at 425p.
Dil
- 23 Oct 2013 02:07
- 140 of 471
Do you actually own any shares Halifax and what part of " if it's going up buy it , if it's going down short it" didn't you understand ?
Chris Carson
- 28 Oct 2013 12:33
- 141 of 471
Well Done dc looking good :O)
dreamcatcher
- 28 Oct 2013 16:16
- 142 of 471
Cheers Chris and thanks Harry for the update the other day.
kevkan
- 29 Oct 2013 13:49
- 143 of 471
It does'nt get a lot better
(from a n other board)
Liberum this morning
blur’s business has been showing three key positive trends which we see as reliable indicators of continued top line strength and future profitability. Exchange usage by larger companies is increasing, repeat usage by existing customers is rising and average project values are growing well ahead of expectations. In combination we believe this puts blur on course to becoming a major player in b2b e-commerce in services. We reiterate our buy recommendation, raising our price target to 700p from 400p.
n Increasing corporate adoption: For blur to succeed in its quest to become a major global e-commerce player, the exchange needs to become the preferred option for larger corporates to source small and medium-sized services projects. Recent trends at blur suggest that such interest and acceptance from larger corporations like eBay (over 50 projects), Momentive, Danone and Tyco is growing rapidly.
n Rising repeat usage: Increased corporate adoption is also leading to more repeat usage (up 288% YoY in H1’13), indicating high levels of customer satisfaction. It is also generating sharp increases in average project value (+42% YoY in Q3). Apart from helping sustain triple digit top line growth, these higher value repeat projects from larger customers helps increase profitability and visibility for the business.
n Heading for the big league: The above trends in blur’s metrics leaves us comfortable with our 140% CAGR sales growth forecast between 2012 and 2016, and positive EBITDA by 2015. In fact we regard our 2013 forecast to be highly conservative. blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services in our opinion.
n Valuation upside: At 9x 2014 EV/sales blur is trading in line with its peer group of listed e-commerce businesses. However on a 2015 basis it is trading at 4.6x EV/sales, a 32% discount to the peer group at 6.7x. We believe this discount is unjustified as it arises from blur’s significantly higher sales growth levels. We therefore raise our price target to 700p, based on 6.7x forecasted 2015 EV/sales.
(from a n other board)
Liberum this morning
blur’s business has been showing three key positive trends which we see as reliable indicators of continued top line strength and future profitability. Exchange usage by larger companies is increasing, repeat usage by existing customers is rising and average project values are growing well ahead of expectations. In combination we believe this puts blur on course to becoming a major player in b2b e-commerce in services. We reiterate our buy recommendation, raising our price target to 700p from 400p.
n Increasing corporate adoption: For blur to succeed in its quest to become a major global e-commerce player, the exchange needs to become the preferred option for larger corporates to source small and medium-sized services projects. Recent trends at blur suggest that such interest and acceptance from larger corporations like eBay (over 50 projects), Momentive, Danone and Tyco is growing rapidly.
n Rising repeat usage: Increased corporate adoption is also leading to more repeat usage (up 288% YoY in H1’13), indicating high levels of customer satisfaction. It is also generating sharp increases in average project value (+42% YoY in Q3). Apart from helping sustain triple digit top line growth, these higher value repeat projects from larger customers helps increase profitability and visibility for the business.
n Heading for the big league: The above trends in blur’s metrics leaves us comfortable with our 140% CAGR sales growth forecast between 2012 and 2016, and positive EBITDA by 2015. In fact we regard our 2013 forecast to be highly conservative. blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services in our opinion.
n Valuation upside: At 9x 2014 EV/sales blur is trading in line with its peer group of listed e-commerce businesses. However on a 2015 basis it is trading at 4.6x EV/sales, a 32% discount to the peer group at 6.7x. We believe this discount is unjustified as it arises from blur’s significantly higher sales growth levels. We therefore raise our price target to 700p, based on 6.7x forecasted 2015 EV/sales.
dreamcatcher
- 29 Oct 2013 16:21
- 144 of 471
Blur Group: Liberum Capital raises target price from 400p to 700p and stays with its buy recommendation. :-))
Greyhound - 29 Oct 2013 16:43 - 145 of 471
That seems to have gone unnoticed today!
dreamcatcher
- 29 Oct 2013 16:46
- 146 of 471
blur Group heading for the big league
By John Harrington October 29 2013, 11:47am blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services, in Liberum's opinion.blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services, in Liberum's opinion.
Services-commerce player blur Group (LON:BLUR) is heading for the big league, according to Liberum Capital, which has hiked its blur price target to 700p from 400p.
The crowd-sourcing specialist’s business has been showing three key positive trends that the broker sees as reliable indicators of continued top-line strength and future profitability.
“Exchange usage by larger companies is increasing, repeat usage by existing customers is rising and average project values are growing well ahead of expectations. In combination we believe this puts blur on course to becoming a major player in b2b [business-to-business] e-commerce in services,” Liberum argues.
The fast-growing UK tech company needs to press home its first-mover advantage and become the preferred option of larger corporations looking to out-source small and medium-sized services projects, Liberum believes, and recent trends suggest it is well on the way to doing this, with the likes of eBay, Danone and Tyco making increasing use of blur’s business services exchange.
“Increased corporate adoption is also leading to more repeat usage (up 288% YoY [year-on-year] in H1’13), indicating high levels of customer satisfaction. It is also generating sharp increases in average project value (+42% YoY in Q3). Apart from helping sustain triple digit top line growth, these higher value repeat projects from larger customers helps increase profitability and visibility for the business,” the broker asserted.
Liberum is sticking with its projection of compound annual sales growth of 140% between 2012 and 2016, and reckons the company should move into the black by 2015.
Though the shares have been a storming success since floating on AIM in October 2012 at 82p a share, but even at 475p a throw the shares remain significantly undervalued, according to Liberum.
Using the metric of enterprise value, or EV (essentially market value of the company minus the value of its assets) divided by sales, Liberum reckons blur’s multiple of nine is on a par with its peer group of listed e-commerce businesses.
However, once you factor in blur’s projected growth, then on the 2015 sales estimates the multiple drops to 4.6, which is a 32% discount to the peer group (using the peer group’s projected 2015 sales).
“We believe this discount is unjustified as it arises from blur’s significantly higher sales growth levels,” the broker concludes
By John Harrington October 29 2013, 11:47am blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services, in Liberum's opinion.blur remains on course to becoming the market leader and a significant player in b2b ecommerce in services, in Liberum's opinion.
Services-commerce player blur Group (LON:BLUR) is heading for the big league, according to Liberum Capital, which has hiked its blur price target to 700p from 400p.
The crowd-sourcing specialist’s business has been showing three key positive trends that the broker sees as reliable indicators of continued top-line strength and future profitability.
“Exchange usage by larger companies is increasing, repeat usage by existing customers is rising and average project values are growing well ahead of expectations. In combination we believe this puts blur on course to becoming a major player in b2b [business-to-business] e-commerce in services,” Liberum argues.
The fast-growing UK tech company needs to press home its first-mover advantage and become the preferred option of larger corporations looking to out-source small and medium-sized services projects, Liberum believes, and recent trends suggest it is well on the way to doing this, with the likes of eBay, Danone and Tyco making increasing use of blur’s business services exchange.
“Increased corporate adoption is also leading to more repeat usage (up 288% YoY [year-on-year] in H1’13), indicating high levels of customer satisfaction. It is also generating sharp increases in average project value (+42% YoY in Q3). Apart from helping sustain triple digit top line growth, these higher value repeat projects from larger customers helps increase profitability and visibility for the business,” the broker asserted.
Liberum is sticking with its projection of compound annual sales growth of 140% between 2012 and 2016, and reckons the company should move into the black by 2015.
Though the shares have been a storming success since floating on AIM in October 2012 at 82p a share, but even at 475p a throw the shares remain significantly undervalued, according to Liberum.
Using the metric of enterprise value, or EV (essentially market value of the company minus the value of its assets) divided by sales, Liberum reckons blur’s multiple of nine is on a par with its peer group of listed e-commerce businesses.
However, once you factor in blur’s projected growth, then on the 2015 sales estimates the multiple drops to 4.6, which is a 32% discount to the peer group (using the peer group’s projected 2015 sales).
“We believe this discount is unjustified as it arises from blur’s significantly higher sales growth levels,” the broker concludes
dreamcatcher
- 31 Oct 2013 17:05
- 147 of 471
blur Group passes 3,000 projects milestone
By Jamie Nimmo October 31 2013, 3:10pm The value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mlnThe value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mln
S-commerce specialist blur Group’s (LON:BLUR) Global Services Exchange has now been used 3,000 times by customers.
The value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mln.
The crowd-sourcing company took four years to reach the 1,000 briefs mark, another year to achieve 2,000, and less than six months to reach the 3,000 project milestone in a testament to its growth profile.
Over a quarter of the projects are submitted from the UK, 37% from the US and the remaining 37% from the rest of the world.
Past customers include the Financial Times, betting group Coral, and Butlins.
blur chief executive Philip Letts said: “The larger projects handled by the Exchange are having a knock-on effect - our customers’ own network of suppliers are wanting in turn to source their own projects and suppliers on the Exchange.
“The growth in project size shows blur’s ability to handle businesses of all sizes, demonstrating the scalability of the Exchange and enhances the appeal for service providers to switch to using s-commerce for new business and project sourcing in general.”
He added: “Alongside blur’s increasingly high value new projects we continue to achieve growth in repeat projects from our substantial number of smaller customers.”
blur’s shares traded flat on Thursday at 460p each, having risen almost 500% in 2013.
By Jamie Nimmo October 31 2013, 3:10pm The value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mlnThe value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mln
S-commerce specialist blur Group’s (LON:BLUR) Global Services Exchange has now been used 3,000 times by customers.
The value of projects submitted to the exchange, which allows customers to outsource almost any task, has now exceeded US$70mln.
The crowd-sourcing company took four years to reach the 1,000 briefs mark, another year to achieve 2,000, and less than six months to reach the 3,000 project milestone in a testament to its growth profile.
Over a quarter of the projects are submitted from the UK, 37% from the US and the remaining 37% from the rest of the world.
Past customers include the Financial Times, betting group Coral, and Butlins.
blur chief executive Philip Letts said: “The larger projects handled by the Exchange are having a knock-on effect - our customers’ own network of suppliers are wanting in turn to source their own projects and suppliers on the Exchange.
“The growth in project size shows blur’s ability to handle businesses of all sizes, demonstrating the scalability of the Exchange and enhances the appeal for service providers to switch to using s-commerce for new business and project sourcing in general.”
He added: “Alongside blur’s increasingly high value new projects we continue to achieve growth in repeat projects from our substantial number of smaller customers.”
blur’s shares traded flat on Thursday at 460p each, having risen almost 500% in 2013.
Morigam - 31 Oct 2013 17:07 - 148 of 471
they seem to be on a steady course and their clients think so too. neither are they shy about their plans - they seem to be accelerating. nice piece of info in this interview: interview with CEO
Dil
- 01 Nov 2013 01:40
- 149 of 471
Six quid next target but I'm bailing at 550p.
Greyhound - 01 Nov 2013 07:27 - 150 of 471
Dil, not sure why you'd want to do that unless you're just taking some funds off the table. Run the profit...
Dil
- 01 Nov 2013 10:51
- 151 of 471
Won't chuck the lot but I'll be in for free.
dreamcatcher
- 07 Nov 2013 07:13
- 152 of 471
Two significant marketing services projects
RNS
RNS Number : 4084S
blur (Group) plc
07 November 2013
RNS Release
7th November 2013
blur (Group) Plc
("blur Group" or the "Company")
blur Group announces two significant marketing services projects from India
blur Group, the company that is reinventing commerce at blurgroup.com, announces an Indian football team and an Indian technical service company have adopted the Global Services Exchange for marketing projects worth $2 million and $470,000 respectively.
Philip Letts, blur Group CEO commented, "This is yet another example of blur Group's global reach with two high-value projects from India. Forward thinking companies across the world recognize the convenience and agility of the Exchange as a platform for managing and delivering projects of all sizes. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce."
-ENDS-
dreamcatcher
- 07 Nov 2013 11:42
- 153 of 471
blur Group unveils two big project assignments from India
By John Harrington November 07 2013, 7:12am Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project. Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project.
Services-commerce trailblazer blur Group (LON:BLUR) has bagged two significant marketing services projects from India.
An Indian football team and an Indian technical service company have adopted the Global Services Exchange for marketing projects worth US$2 million and US$470,000 respectively.
Since launching version 3.0 of its platform earlier this year, blur's exchange has been able to handle larger sized projects, as evidenced by these latest project assignments.
Philip Letts, blur Group's chief executive officer, said the deal was also "another example of blur Group's global reach".
"Forward thinking companies across the world recognise the convenience and agility of the Exchange as a platform for managing and delivering projects of all sizes. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce," he added.
By John Harrington November 07 2013, 7:12am Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project. Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project.
Services-commerce trailblazer blur Group (LON:BLUR) has bagged two significant marketing services projects from India.
An Indian football team and an Indian technical service company have adopted the Global Services Exchange for marketing projects worth US$2 million and US$470,000 respectively.
Since launching version 3.0 of its platform earlier this year, blur's exchange has been able to handle larger sized projects, as evidenced by these latest project assignments.
Philip Letts, blur Group's chief executive officer, said the deal was also "another example of blur Group's global reach".
"Forward thinking companies across the world recognise the convenience and agility of the Exchange as a platform for managing and delivering projects of all sizes. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce," he added.
mcgrath1958 - 07 Nov 2013 13:14 - 154 of 471
Cheer's DC, just think where this Share price will be when eventually much bigger and more frequent projects come on to the exchange, as they surely will do when blur 4 is rolled out next summer!!
dreamcatcher
- 07 Nov 2013 16:56
- 155 of 471
Thanks mcgrath1958.
UPDATE - blur Group reeling in bigger fish
By John Harrington November 07 2013, 1:12pm
Back of the net - again!
An Indian football team is using blur's exchange for a US$2mln marketing project. Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project.
---ADDS BROKER COMMENT AND SHARE PRICE---
Services-commerce trailblazer blur Group (LON:BLUR) has bagged two significant marketing services projects from India.
An Indian football team and an Indian technical service company have adopted the Global Services Exchange for marketing projects worth US$2 million and US$470,000 respectively.
Since launching version 3.0 of its platform earlier this year, blur's exchange has been able to handle larger sized projects, as evidenced by these latest project assignments.
Philip Letts, blur Group's chief executive officer, said the deal was also "another example of blur Group's global reach".
"Forward thinking companies across the world recognise the convenience and agility of the Exchange as a platform for managing and delivering projects of all sizes. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce," he added.
House broker N+1 Singer said the projects wins are highly supportive of its bullish forecasts.
“There is an increasing number of large-value, long lifetime projects being put on the Exchange, sometimes by first time buyers. These longer duration projects not only show the extent some corporate buyers are using the Exchange, but also provide blur better revenue visibility going forward. This trend is clearly continuing as evidenced by today’s announcement,” said Tintin Stormont.
“It is worth highlighting that the value of projects submitted so far in Q4’13 has reached US$20.5m, which compares against Q4’12’s US$4.0m and last quarter’s US$17.3m. With only a little over a month into the quarter, it is clear that the company is on track to deliver another record quarter of key metrics,” she added.
Shares in blur were up 1.7% at 459.2p in lunchtime trading.
UPDATE - blur Group reeling in bigger fish
By John Harrington November 07 2013, 1:12pm
Back of the net - again!
An Indian football team is using blur's exchange for a US$2mln marketing project. Back of the net - again! An Indian football team is using blur's exchange for a US$2mln marketing project.
---ADDS BROKER COMMENT AND SHARE PRICE---
Services-commerce trailblazer blur Group (LON:BLUR) has bagged two significant marketing services projects from India.
An Indian football team and an Indian technical service company have adopted the Global Services Exchange for marketing projects worth US$2 million and US$470,000 respectively.
Since launching version 3.0 of its platform earlier this year, blur's exchange has been able to handle larger sized projects, as evidenced by these latest project assignments.
Philip Letts, blur Group's chief executive officer, said the deal was also "another example of blur Group's global reach".
"Forward thinking companies across the world recognise the convenience and agility of the Exchange as a platform for managing and delivering projects of all sizes. Committing this budget to the Exchange ensures choice, value and efficiency of delivery - a further testament to the power of s-commerce," he added.
House broker N+1 Singer said the projects wins are highly supportive of its bullish forecasts.
“There is an increasing number of large-value, long lifetime projects being put on the Exchange, sometimes by first time buyers. These longer duration projects not only show the extent some corporate buyers are using the Exchange, but also provide blur better revenue visibility going forward. This trend is clearly continuing as evidenced by today’s announcement,” said Tintin Stormont.
“It is worth highlighting that the value of projects submitted so far in Q4’13 has reached US$20.5m, which compares against Q4’12’s US$4.0m and last quarter’s US$17.3m. With only a little over a month into the quarter, it is clear that the company is on track to deliver another record quarter of key metrics,” she added.
Shares in blur were up 1.7% at 459.2p in lunchtime trading.
Greyhound - 11 Nov 2013 20:10 - 156 of 471
Looks about ready for next march higher. Nice Indian contract wins, gaining wider appeal.
dreamcatcher
- 13 Nov 2013 07:17
- 157 of 471
Opens Southern California Office
RNS
RNS Number : 8650S
blur (Group) plc
13 November 2013
RNS REACH
13th November 2013
blur (Group) Plc
("blur Group" or the "Company")
blur Group supports growth plans by announcing new Strategic Development office in Southern California
blur Group, the company that is reinventing commerce at blurgroup.com announces the opening of its Strategic Development office in Southern California. This office will be led by Mitch Faigen, blur's Chief Strategy and Exchange Development Officer who has strong business connections in the area. This is blur Group's second office in the US.
The team in California will be responsible for leading the development of blur's strategic plans and business model, measurement of metrics that drive revenues and profitability, and development of blur's future merger, acquisitions and joint ventures. As seen in its recent Q3 Metrics blur is developing globally and maturing at a fast pace. The Strategic Development office in Newport Beach, LA is opening to support rapid future growth, in a West Coast location able to take advantage of the area's technology business, as well as providing a second office in the Company's largest market.
Additionally, blur has strengthened its senior team by securing key talent appointments at its global HQ in Exeter, UK across partnerships, PR, engineering and design.
Philip Letts, blur's CEO commented "The US market has been our fastest growing geography and opening a second US office will position us for more growth. Our significant new senior hires from organisations such as Google, AOL, Expedia, Italia Online, Sapient and Lloyds Bank will support blur through its next stages of growth.
"Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth. Our new office in Southern California shows our intention to deliver a global technology innovator and continue our market leadership in s-commerce."
-ENDS-
js8106455 - 13 Nov 2013 08:50 - 158 of 471
dreamcatcher
- 13 Nov 2013 17:01
- 159 of 471
UPDATE - blur Group opens second US office
By John Harrington November 13 2013, 10:28am 'Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth,' said blur's boss, Philip Letts."Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth," said blur's boss, Philip Letts.
---ADSS BROKER COMMENT AND SHARE PRICE---
Crowd-sourcing firm blur Group (LON:BLUR) has opened what it calls a strategic development office in Southern California.
The office, blur’s second on the other side of the pond, will be headed by Mitch Faigen, who is blur's chief strategy and exchange development officer.
The California team will be responsible for leading the development of blur's strategic plans and business model, measurement of metrics that drive revenues and profitability, and development of blur's future merger, acquisitions and joint ventures.
The office will support rapid future growth of this fast-expanding business. It gives blur a presence in a state that is famous worldwide for its focus on technology and doubles the number of offices the company has in a country that is its largest market.
Back in Blighty, blur said it has strengthened its senior team by securing key talent appointments at its global headquarters in Exeter, across the areas of partnerships, public relations, engineering and design.
Philip Letts, blur's chief executive officer, commented: "The US market has been our fastest growing geography and opening a second US office will position us for more growth. Our significant new senior hires from organisations such as Google, AOL, Expedia, Italia Online, Sapient and Lloyds Bank will support blur through its next stages of growth.
“Our new office in Southern California shows our intention to deliver a global technology innovator and continue our market leadership in s-commerce."
House broker N+1 Singer said: “blur Group continues to build on its first mover advantage by strengthening its platform – both in terms of technology and organisational structure - to support its rapid growth. The group’s ambition and focused execution keep us optimistic about its prospects and its ability to corner its share of the addressable US$1tn corporate services market.”
Shares in blur were up 0.8% to 449.5p in late morning trade.
By John Harrington November 13 2013, 10:28am 'Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth,' said blur's boss, Philip Letts."Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth," said blur's boss, Philip Letts.
---ADSS BROKER COMMENT AND SHARE PRICE---
Crowd-sourcing firm blur Group (LON:BLUR) has opened what it calls a strategic development office in Southern California.
The office, blur’s second on the other side of the pond, will be headed by Mitch Faigen, who is blur's chief strategy and exchange development officer.
The California team will be responsible for leading the development of blur's strategic plans and business model, measurement of metrics that drive revenues and profitability, and development of blur's future merger, acquisitions and joint ventures.
The office will support rapid future growth of this fast-expanding business. It gives blur a presence in a state that is famous worldwide for its focus on technology and doubles the number of offices the company has in a country that is its largest market.
Back in Blighty, blur said it has strengthened its senior team by securing key talent appointments at its global headquarters in Exeter, across the areas of partnerships, public relations, engineering and design.
Philip Letts, blur's chief executive officer, commented: "The US market has been our fastest growing geography and opening a second US office will position us for more growth. Our significant new senior hires from organisations such as Google, AOL, Expedia, Italia Online, Sapient and Lloyds Bank will support blur through its next stages of growth.
“Our new office in Southern California shows our intention to deliver a global technology innovator and continue our market leadership in s-commerce."
House broker N+1 Singer said: “blur Group continues to build on its first mover advantage by strengthening its platform – both in terms of technology and organisational structure - to support its rapid growth. The group’s ambition and focused execution keep us optimistic about its prospects and its ability to corner its share of the addressable US$1tn corporate services market.”
Shares in blur were up 0.8% to 449.5p in late morning trade.
dreamcatcher
- 22 Nov 2013 17:53
- 160 of 471
IC today , a company with 1o bagger innovations.
BLUR (BLUR)
Blur is the leading online exchange that lets businesses commission services - design, marketing and technology projects are popular - and lets experts pitch for the work. It's a market estimated to be worth over $2 trillion and management is investing heavily to become "the Amazon of the services industry". When there's a match, Blur facilitates the project - taking a 20 per cent cut of the value of the project on completion.
Clearly, Blur's strategy is working. The number and size of projects is increasing fast as the platform gains traction among businesses of all sizes - the average brief value now stands at $17,000, up from $10,700 a year ago and just $1,500 in 2010. Blur's share price has risen fourfold since January and a forecast enterprise value-to-sales ratio of 8.9 for 2014 is hardly cheap. But stellar top-line growth sees that drop to 4.6 the following year, nearer the software industry average, and given the sheer size of the potential market, we advise buying in.
kayha - 26 Nov 2013 12:05 - 161 of 471
LISTEN: S-commerce is a big deal! CEO of blur Group, Philip Letts, provides an update.
Click here to listen
Click here to listen
mcgrath1958 - 26 Nov 2013 12:14 - 162 of 471
Hopefully that breaking news will have a lot of potential for Blur once up & running!
dreamcatcher
- 26 Nov 2013 16:34
- 163 of 471
Blur Group adds Alibaba.com to client list
By Jamie Nimmo November 26 2013, 10:44am Alibaba.com generated US$4.1bn in revenue after processing US$170bn of salesAlibaba.com generated US$4.1bn in revenue after processing US$170bn of sales
Blur Group (LON:BLUR) now counts Chinese trade giant Alibaba.com among the 35,000 businesses that use its Global Services Exchange.
US business directory business.com, used by over 30mln buyers from small-to-medium enterprises, and European online advertising group Trade Tracker, now also use blur’s increasingly popular Software as a Transaction (SaaT) services buying model.
Last year, Alibaba, which is the world’s largest online business-to-business trading platform for small companies, generated US$4.1bn in revenue after processing US$170bn of sales.
“It [SaaT] means that the of-the-moment rental of enterprise-level software solutions is packaged into the transaction itself,” chief executive Philip Letts explains.
“You’re only ever paying for the platform when you need it, which keeps overheads to a minimum and lets you focus your attentions and budgets on what matters - a professionally-delivered business services project.”
He added: “The new partnerships show how the platform which brings together the functionality of enterprise software, marketplaces and community is applicable for all business buyers.”
By Jamie Nimmo November 26 2013, 10:44am Alibaba.com generated US$4.1bn in revenue after processing US$170bn of salesAlibaba.com generated US$4.1bn in revenue after processing US$170bn of sales
Blur Group (LON:BLUR) now counts Chinese trade giant Alibaba.com among the 35,000 businesses that use its Global Services Exchange.
US business directory business.com, used by over 30mln buyers from small-to-medium enterprises, and European online advertising group Trade Tracker, now also use blur’s increasingly popular Software as a Transaction (SaaT) services buying model.
Last year, Alibaba, which is the world’s largest online business-to-business trading platform for small companies, generated US$4.1bn in revenue after processing US$170bn of sales.
“It [SaaT] means that the of-the-moment rental of enterprise-level software solutions is packaged into the transaction itself,” chief executive Philip Letts explains.
“You’re only ever paying for the platform when you need it, which keeps overheads to a minimum and lets you focus your attentions and budgets on what matters - a professionally-delivered business services project.”
He added: “The new partnerships show how the platform which brings together the functionality of enterprise software, marketplaces and community is applicable for all business buyers.”
kevkan
- 01 Dec 2013 04:03
- 164 of 471
Buckle up guys they have hit 100million usd got to re- rate soon stunning growth
dreamcatcher
- 02 Dec 2013 22:09
- 165 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 500.00. Over this period, the share price is up 556.38%.
kayha - 05 Dec 2013 11:00 - 166 of 471
LISTEN: Philip Letts, CEO of blur Group talks to us about the company's move into Exeter HQ
Click here to listen
Click here to listen
dreamcatcher
- 05 Dec 2013 12:35
- 167 of 471
blur Group starting new wave in the South-West
By John Harrington December 05 2013, 8:09am Gerry Shattock, business development manager for the Exeter Science Park concluded, “blur’s move to the Science Park is a real milestone in the South West’s emergence as the UK’s own Silicon valley.”Gerry Shattock, business development manager for the Exeter Science Park concluded, “blur’s move to the Science Park is a real milestone in the South West’s emergence as the UK’s own Silicon valley.”
Silicon Roundabout in east London is so 2013; blur Group’s (LON:BLUR) relocation to Exeter is set to make the south-west England’s new tech hub, politicians believe.
The fast-growing services-commerce group is moving into its state-of-the-art Exeter headquarters this week, bringing research & development, marketing and community operations together in what blur described as “one cohesive push that will see blur further expand the horizons of the services commerce market and more”.
In all, 40 employees will move into the new office, with a total of 100 on course to be employed at the headquarters by the end of 2014.
The new Exeter residence becomes the flagship office for blur Group, with supporting regional business hubs keeping strong ties to commerce in London, Dallas and Southern California.
The decision to relocate to Exeter stems from the belief of Philip Letts, the founder and chief executive of blur, that a proximity to the coastline and access to the talents of local universities will lead to a technological revolution in the South West.
Like California’s Silicon Glen, the location is also pretty handy if you are into surfing…
(That’s surfing on a surfboard, not surfing the web).
“It’s perhaps not an expected choice of relocation until you really look into the bedrock there - solid tech foundations, a landscape encouraging businesses to think bigger and the space to expand in at over time,” Letts says.
Shadow Business Secretary Chuka Umunna endorsed blur’s move, saying it was good that regions other than London had their own technology champions.
The MP for Exeter, Ben Bradshaw, was not slow to draw the comparison with Silicon Glen.
“Silicon Valley was all about bringing young people to a place looking for quality of life – we have a fantastic environment and a forward-looking and innovative university here,” Bradshaw said.
As well as celebrating its move to swish new offices, the group is also basking in the glow of recognition from an investment magazine that gave the company the “Best LSE AIM Company Achievement Award” recently.
By John Harrington December 05 2013, 8:09am Gerry Shattock, business development manager for the Exeter Science Park concluded, “blur’s move to the Science Park is a real milestone in the South West’s emergence as the UK’s own Silicon valley.”Gerry Shattock, business development manager for the Exeter Science Park concluded, “blur’s move to the Science Park is a real milestone in the South West’s emergence as the UK’s own Silicon valley.”
Silicon Roundabout in east London is so 2013; blur Group’s (LON:BLUR) relocation to Exeter is set to make the south-west England’s new tech hub, politicians believe.
The fast-growing services-commerce group is moving into its state-of-the-art Exeter headquarters this week, bringing research & development, marketing and community operations together in what blur described as “one cohesive push that will see blur further expand the horizons of the services commerce market and more”.
In all, 40 employees will move into the new office, with a total of 100 on course to be employed at the headquarters by the end of 2014.
The new Exeter residence becomes the flagship office for blur Group, with supporting regional business hubs keeping strong ties to commerce in London, Dallas and Southern California.
The decision to relocate to Exeter stems from the belief of Philip Letts, the founder and chief executive of blur, that a proximity to the coastline and access to the talents of local universities will lead to a technological revolution in the South West.
Like California’s Silicon Glen, the location is also pretty handy if you are into surfing…
(That’s surfing on a surfboard, not surfing the web).
“It’s perhaps not an expected choice of relocation until you really look into the bedrock there - solid tech foundations, a landscape encouraging businesses to think bigger and the space to expand in at over time,” Letts says.
Shadow Business Secretary Chuka Umunna endorsed blur’s move, saying it was good that regions other than London had their own technology champions.
The MP for Exeter, Ben Bradshaw, was not slow to draw the comparison with Silicon Glen.
“Silicon Valley was all about bringing young people to a place looking for quality of life – we have a fantastic environment and a forward-looking and innovative university here,” Bradshaw said.
As well as celebrating its move to swish new offices, the group is also basking in the glow of recognition from an investment magazine that gave the company the “Best LSE AIM Company Achievement Award” recently.
dreamcatcher
- 05 Dec 2013 13:14
- 168 of 471
Blur wins the best AIM company achievement award from shares.
dreamcatcher
- 07 Dec 2013 22:51
- 169 of 471
SMALL CAP MOVERS: 2013 a good year for FTSE AIM 100 - barring last-minute festive surprises
Elsewhere, in the technology sector, blur Group’s (unchanged today at 457.5p) relocation to Exeter is set to make the south-west England’s new tech hub, politicians believe.
The fast-growing services-commerce group is moving into its state-of-the-art Exeter headquarters this week, bringing research & development, marketing and community operations together in what blur described as 'one cohesive push that will see blur further expand the horizons of the services commerce market and more'.
In all, 40 employees will move into the new office, with a total of 100 on course to be employed at the headquarters by the end of 2014.
The rapid growth in blur Group's business is plain to see with even a casual glance at the share price chart. Since listing on AIM last October, the stock has soared, rising over 500 per cent, to record intraday highs of 500p this week.
By Jamie Ashcroft, Proactive Investors
PUBLISHED: 14:55, 6 December 2013 | UPDATED: 14:55, 6 December 2013
http://www.dailymail.co.uk/money/markets/article-2519427/2013-good-year-FTSE-AIM-100--barring-minute-festive-surprises.html
Elsewhere, in the technology sector, blur Group’s (unchanged today at 457.5p) relocation to Exeter is set to make the south-west England’s new tech hub, politicians believe.
The fast-growing services-commerce group is moving into its state-of-the-art Exeter headquarters this week, bringing research & development, marketing and community operations together in what blur described as 'one cohesive push that will see blur further expand the horizons of the services commerce market and more'.
In all, 40 employees will move into the new office, with a total of 100 on course to be employed at the headquarters by the end of 2014.
The rapid growth in blur Group's business is plain to see with even a casual glance at the share price chart. Since listing on AIM last October, the stock has soared, rising over 500 per cent, to record intraday highs of 500p this week.
By Jamie Ashcroft, Proactive Investors
PUBLISHED: 14:55, 6 December 2013 | UPDATED: 14:55, 6 December 2013
http://www.dailymail.co.uk/money/markets/article-2519427/2013-good-year-FTSE-AIM-100--barring-minute-festive-surprises.html
kevkan
- 10 Dec 2013 17:38
- 170 of 471
Topped 104 million today best estimate was a million by xmas KPIs are going to be stupendous at this growth rate
js8106455 - 11 Dec 2013 10:13 - 171 of 471
LISTEN: blur Group - Furthers s-commerce ambitions with key appointments in Dallas and London
Click here
Click here
dreamcatcher
- 11 Dec 2013 18:02
- 172 of 471
blur Group attracting high calibre talent
By Giles Gwinnett
December 11 2013, 5:14pm
blur (LON: BLUR) said it was continuing to attract high calibre talent as it unveiled key management changes across the group.
The appointments relate to three positions across the Dallas and London offices.
Brian Davis joins as general manager of North America, reporting to Gerry Gross, blur's chief commercial officer.
Meanwhile, the London office sees Ariane Gras and Clare McSporran appointed as Head of Global Exchange Support and Manager of Exchange Support respectively.
Davis has 14 years of sales experience including a lengthy tenure within the aerospace and defence software industry.
French-native Gras comes to blur following five years at Google, where she most recently undertook the role of Industry Manager for top Google advertisers in the Telco sector. She will also report to Gerry Gross.
blur Group CEO Philip Letts told investors: “Brian’s appointment will further strengthen the management team in Dallas, TX, reinforcing blur Group’s s-commerce leadership position in the US.”
On the appointments, he said: "The continued attraction of such high caliber talent is a key validation of blur Group in the marketplace
By Giles Gwinnett
December 11 2013, 5:14pm
blur (LON: BLUR) said it was continuing to attract high calibre talent as it unveiled key management changes across the group.
The appointments relate to three positions across the Dallas and London offices.
Brian Davis joins as general manager of North America, reporting to Gerry Gross, blur's chief commercial officer.
Meanwhile, the London office sees Ariane Gras and Clare McSporran appointed as Head of Global Exchange Support and Manager of Exchange Support respectively.
Davis has 14 years of sales experience including a lengthy tenure within the aerospace and defence software industry.
French-native Gras comes to blur following five years at Google, where she most recently undertook the role of Industry Manager for top Google advertisers in the Telco sector. She will also report to Gerry Gross.
blur Group CEO Philip Letts told investors: “Brian’s appointment will further strengthen the management team in Dallas, TX, reinforcing blur Group’s s-commerce leadership position in the US.”
On the appointments, he said: "The continued attraction of such high caliber talent is a key validation of blur Group in the marketplace
dreamcatcher
- 12 Dec 2013 11:40
- 173 of 471
Exponential growth expected at blur Group as new signings bed in
By Jamie Nimmo
December 12 2013, 11:14am
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth
Exponential growth is still very much on the cards for s-commerce specialist blur Group (LON:BLUR), according to N+1 Singer.
The broker’s comments come on the back of two important management appointments in blur’s London and Dallas offices.
Brian Davis joins as general manager of North America, reporting to Gerry Gross, blur's chief commercial officer.
Meanwhile, the London office sees Ariane Gras and Clare McSporran appointed as Head of Global Exchange Support and Manager of Exchange Support respectively.
Davis has 14 years of sales experience including a lengthy tenure within the aerospace and defence software industry.
French-native Gras comes to blur following five years at Google, where she most recently undertook the role of Industry Manager for top Google advertisers in the Telco sector. New Zealander McSporran has been promoted from the position of Studio Manager.
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth, bolstered recently by partnerships with the likes of Chinese online marketplace Alibaba.com and business advertising network business.com.
“Strong additions to its management team and the recent move of its global headquarters to the Exeter Science Park where it has ready access to the talents of local universities should ensure continued robust execution,” said N+1 analyst Tintin Stormont.
She points out that the value of projects submitted to date on the trading platform is US$104mln, which implies the value of projects submitted so far in the fourth quarter is US$53.4mln, much higher than the US$17.3mln and US$9.4mln in the third and second quarters respectively.
By Jamie Nimmo
December 12 2013, 11:14am
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth
Exponential growth is still very much on the cards for s-commerce specialist blur Group (LON:BLUR), according to N+1 Singer.
The broker’s comments come on the back of two important management appointments in blur’s London and Dallas offices.
Brian Davis joins as general manager of North America, reporting to Gerry Gross, blur's chief commercial officer.
Meanwhile, the London office sees Ariane Gras and Clare McSporran appointed as Head of Global Exchange Support and Manager of Exchange Support respectively.
Davis has 14 years of sales experience including a lengthy tenure within the aerospace and defence software industry.
French-native Gras comes to blur following five years at Google, where she most recently undertook the role of Industry Manager for top Google advertisers in the Telco sector. New Zealander McSporran has been promoted from the position of Studio Manager.
N+1 Singer said the hires reflect continued strengthening of blur’s management team as it supports its strong growth, bolstered recently by partnerships with the likes of Chinese online marketplace Alibaba.com and business advertising network business.com.
“Strong additions to its management team and the recent move of its global headquarters to the Exeter Science Park where it has ready access to the talents of local universities should ensure continued robust execution,” said N+1 analyst Tintin Stormont.
She points out that the value of projects submitted to date on the trading platform is US$104mln, which implies the value of projects submitted so far in the fourth quarter is US$53.4mln, much higher than the US$17.3mln and US$9.4mln in the third and second quarters respectively.
kevkan
- 15 Dec 2013 00:30
- 174 of 471
Another 3.5 million in contracts added this week makes it 107,605 ie 57mln fourth
quarter.
quarter.
kevkan
- 15 Dec 2013 11:08
- 175 of 471
Just been revised back down to 105,607 dont know why that happens, anyone know
why ??
why ??
dreamcatcher
- 15 Dec 2013 12:19
- 176 of 471
Kevkan, My take on the counter. As it states its the value of projects submitted .
The client submits their brief of the project to be undertaken and the experts pitch for that business. Blur then choose the best pitches and seem to manage the project in various ways. So it looks like the counter adds the project on very early on in the stage of the cycle. My guess is that the client looking for the project to be done does not have to accept the companies chosen and can withdraw. There must be a point in the cycle where the sort of contract becomes binding, may be after you give your preference of who will carry out your project ?. So perhaps something like the above goes on and then the counter has to be re-adjusted. Just guessing.
The client submits their brief of the project to be undertaken and the experts pitch for that business. Blur then choose the best pitches and seem to manage the project in various ways. So it looks like the counter adds the project on very early on in the stage of the cycle. My guess is that the client looking for the project to be done does not have to accept the companies chosen and can withdraw. There must be a point in the cycle where the sort of contract becomes binding, may be after you give your preference of who will carry out your project ?. So perhaps something like the above goes on and then the counter has to be re-adjusted. Just guessing.
kevkan
- 15 Dec 2013 21:50
- 177 of 471
Cheers bud that makes sense
dreamcatcher
- 16 Dec 2013 18:03
- 178 of 471
blurGroup
by Will van Wyngaarden
16 December, 2013
We’re not the only ones interested in the potential of Exeter as ITV reports on blur’s new HQ and the Silicon Valley parallels.
With interviews with both blur Group CEO Philip Letts and Ben Bradshaw, the MP for Exeter, it’s an interesting watch. Plus there’s some great footage showing the interior of the new office and the blur staff hard at work.
http://blurgroup.com/blog/2013/12/16/itv-reports-on-blurs-hq-move-to-exeter/
dreamcatcher
- 17 Dec 2013 07:19
- 179 of 471
Mobile Launch and Project Milestone
RNS
RNS Number : 6899V
blur (Group) plc
17 December 2013
RNS REACH
17th December 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce sector's already-stellar growth set to accelerate as blur
Group's Exchange goes mobile
2,000 projects milestone demonstrates accelerating annual run rate
blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.
To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.
Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.
Philip Letts, Founder and CEO, commented,"This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move. Today there are 5 billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around 2 billion smartphone users - all of whom can now enjoy the benefits of s-commerce."
Looking to the future he concluded, "Our success centers around the technology that blur is pioneering - it means that as we take on progressively larger projects they can have just as simple and streamlined a process to execute as for smaller submissions. There's almost no limit to the size or quantity of projects we can take on."
How does it work?
Customers simply tap blurgroup.com into their smartphone browser to see the mobile version. blur's servers detect which device is being used and customers can start their project right away using the streamlined mobile brief app.
dreamcatcher
- 17 Dec 2013 16:08
- 180 of 471
blur Group: Panmure Gordon ups target price from 677p to 690p and retains a buy recommendation.
dreamcatcher
- 17 Dec 2013 16:10
- 181 of 471
UPDATE - blur Group upwardly mobile
By Jamie Nimmo
December 17 2013, 8:31am
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use
--ADDS BROKER COMMENT AND SHARE PRICE---
Blur Group (LON:BLUR) has revealed it is taking its s-commerce platform fully mobile this week.
The group’s Global Services Exchange has been optimised to suit common device formats to make it easier to use.
More releases are planned in 2014 to allow customers and service providers to manage their projects regardless of the operating system or mobile device.
“This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move,” said founder and chief executive Philip Letts.
“Today there are five billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around two billion smartphone users - all of whom can now enjoy the benefits of s-commerce.”
It corresponds with the 2,000th project submitted to the exchange in 2013. To put this into perspective, blur said less than 200 projects were submitted in 2010, its first full year of business.
Broker N+1 Singer said the news should support its expectations of exponential growth in the business.
"It is worth noting that the trading platform is reporting US$106.3mln of value of projects submitted to date, which implies the value of projects submitted in Q4’13 so far is US$55.5mln. This compares against US$17.3mln submitted in Q3’13 and US$9.4mln in Q2’13," said N+1 Singer analyst Tintin Stormont.
"Whilst conversion of projects submitted is a very important metric that drives revenues, this rate of increase at the 'top of the funnel' is highly positive and indicative of the strong momentum the group is seeing," she added.
"Mobile is one of the strongest technology themes playing out in the sector as devices become more powerful and connectivity speeds continue to improve. This is a natural extension to the group’s platform and should accelerate s-commerce adoption even further," Stormont opined.
"We remain of the view that blur’s growth prospects and disruptive offering make it one of the most exciting companies in the sector," she concluded.
Share in blur were up 1.4% to 456.5p in early deals.
By Jamie Nimmo
December 17 2013, 8:31am
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use
--ADDS BROKER COMMENT AND SHARE PRICE---
Blur Group (LON:BLUR) has revealed it is taking its s-commerce platform fully mobile this week.
The group’s Global Services Exchange has been optimised to suit common device formats to make it easier to use.
More releases are planned in 2014 to allow customers and service providers to manage their projects regardless of the operating system or mobile device.
“This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move,” said founder and chief executive Philip Letts.
“Today there are five billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around two billion smartphone users - all of whom can now enjoy the benefits of s-commerce.”
It corresponds with the 2,000th project submitted to the exchange in 2013. To put this into perspective, blur said less than 200 projects were submitted in 2010, its first full year of business.
Broker N+1 Singer said the news should support its expectations of exponential growth in the business.
"It is worth noting that the trading platform is reporting US$106.3mln of value of projects submitted to date, which implies the value of projects submitted in Q4’13 so far is US$55.5mln. This compares against US$17.3mln submitted in Q3’13 and US$9.4mln in Q2’13," said N+1 Singer analyst Tintin Stormont.
"Whilst conversion of projects submitted is a very important metric that drives revenues, this rate of increase at the 'top of the funnel' is highly positive and indicative of the strong momentum the group is seeing," she added.
"Mobile is one of the strongest technology themes playing out in the sector as devices become more powerful and connectivity speeds continue to improve. This is a natural extension to the group’s platform and should accelerate s-commerce adoption even further," Stormont opined.
"We remain of the view that blur’s growth prospects and disruptive offering make it one of the most exciting companies in the sector," she concluded.
Share in blur were up 1.4% to 456.5p in early deals.
BAYLIS
- 17 Dec 2013 16:16
- 182 of 471
blur Group: Panmure Gordon ups target price from 677p to 690p and retains a buy recommendation
blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.
To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.
Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.
blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.
To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.
Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.
dreamcatcher
- 19 Dec 2013 18:15
- 183 of 471
$107,456,460
value of projects submitted
value of projects submitted
mcgrath1958 - 22 Dec 2013 20:13 - 184 of 471
Flip Guy's have you seen the latest scores on the door, $112, 577 & 110 , this going from strength - bloody strength, and I not complaining!! Happy Xmas to you all!
dreamcatcher
- 23 Dec 2013 18:59
- 185 of 471
Closed up 6%
;MA(50)&IND=MACD(26,12,9)%7BU%7D;BBWidth(20,2)%7BU%7D&Layout=2Line;Default;Price;HisDate)
dreamcatcher
- 24 Dec 2013 02:34
- 186 of 471
Shares = blur goes mobile
Business services exchange continues to set new growth milestones
Professional services exchange specialist blur (BLUR:AIM) looks set to beat market expectations after hitting its two-thousandth project ahead of schedule. Analysts are revisiting their spreadsheets to assess the impact on 2013 and 2014 revenues and the more bullish estimates value the company at more than £200 million, to imply more than 50% share price upside through 2014.
According to analysts at N+1 Singer, the value of projects submitted across blur’s e-commerce platform is $106.3 million. A swift calculation suggests at least $55.5 million in new business has been submitted in the October-to-December quarter. This demonstrates the sort of rapid acceleration in project volumes this year that validates the £134 million cap’s business model. Submitted projects in the July to September third quarter totted up to $17.3 million, while the equivalent figure stood at $9.4 million in the April-to-June period.
‘This rate of increase at the top of the funnel is highly positive and indicative of the strong momentum the group is seeing,’ says N+1 Singer. ‘blur is also celebrating its 2,000th project submitted to the exchange in 2013 – to put this into context, in its first full year of trading in 2010, under 200 projects were submitted.
Hoping to capitalise on the flood of projects across its exchange Blur is also launching a new mobile application. This represents a first phase that will allow users to list projects on the exchange, or bid for work, through a buying experience that is optimised for smartphones and tablets as well as PCs. This plays into the immersive mobile experience theme where exchange functionality will allow customers to quickly check the status of projects on their smartphone or tablet from anywhere.
Broker N+1 Singer had been anticipating project-based revenues of $9.5 million this year although this now looks conservative. The broker expects income to surge to $24.6 million next year before roughly doubling in 2015 to $48.2 million, the trigger point at which operational leverage should see blur record its first-ever profit, currently estimated at $800,000. The Exeter-headquartered firm’s momentum suggests this forecast could well be beaten too.
Buy
A trading update in mid-January could be the next catalyst for forecast upgrades and the consensus looks right to expect further share price gains from the 452p mark.
Business services exchange continues to set new growth milestones
Professional services exchange specialist blur (BLUR:AIM) looks set to beat market expectations after hitting its two-thousandth project ahead of schedule. Analysts are revisiting their spreadsheets to assess the impact on 2013 and 2014 revenues and the more bullish estimates value the company at more than £200 million, to imply more than 50% share price upside through 2014.
According to analysts at N+1 Singer, the value of projects submitted across blur’s e-commerce platform is $106.3 million. A swift calculation suggests at least $55.5 million in new business has been submitted in the October-to-December quarter. This demonstrates the sort of rapid acceleration in project volumes this year that validates the £134 million cap’s business model. Submitted projects in the July to September third quarter totted up to $17.3 million, while the equivalent figure stood at $9.4 million in the April-to-June period.
‘This rate of increase at the top of the funnel is highly positive and indicative of the strong momentum the group is seeing,’ says N+1 Singer. ‘blur is also celebrating its 2,000th project submitted to the exchange in 2013 – to put this into context, in its first full year of trading in 2010, under 200 projects were submitted.
Hoping to capitalise on the flood of projects across its exchange Blur is also launching a new mobile application. This represents a first phase that will allow users to list projects on the exchange, or bid for work, through a buying experience that is optimised for smartphones and tablets as well as PCs. This plays into the immersive mobile experience theme where exchange functionality will allow customers to quickly check the status of projects on their smartphone or tablet from anywhere.
Broker N+1 Singer had been anticipating project-based revenues of $9.5 million this year although this now looks conservative. The broker expects income to surge to $24.6 million next year before roughly doubling in 2015 to $48.2 million, the trigger point at which operational leverage should see blur record its first-ever profit, currently estimated at $800,000. The Exeter-headquartered firm’s momentum suggests this forecast could well be beaten too.
Buy
A trading update in mid-January could be the next catalyst for forecast upgrades and the consensus looks right to expect further share price gains from the 452p mark.
dreamcatcher
- 27 Dec 2013 15:19
- 187 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 511.70. Over this period, the share price is up 556.03%
dreamcatcher
- 27 Dec 2013 16:22
- 188 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 520.00. Over this period, the share price is up 557.69%.
$112,970,410
value of projects submitted
Year End: 31 December 2013
blur (group) Plc Trading Update Round about the 25th Jan 2014
$112,970,410
value of projects submitted
Year End: 31 December 2013
blur (group) Plc Trading Update Round about the 25th Jan 2014
dreamcatcher
- 29 Dec 2013 08:13
- 189 of 471
Featured in this weeks Midas tips -
Our top performer was online labour exchange Blur Group. Initially tipped at 741⁄2p last December, Blur was recommended again in July at 274p, since when it has almost doubled to 516p.
Top performance: Most of the shares recommended by Midas this year have risen by at least 15 per cent
The group matches companies that need particular services, such as marketing, design and technology, with firms or individuals that can provide them. Online auctions are organised to keep down costs for companies and strict timetables are set to encourage suppliers to deliver on time and on budget.
Blur has grown exponentially since it was founded just three years ago by entrepreneur Philip Letts, and brokers predict further strong growth in the years ahead. However, investors have done exceptionally well and now might be a good time to bank some profits and sell half their shares.
Our top performer was online labour exchange Blur Group. Initially tipped at 741⁄2p last December, Blur was recommended again in July at 274p, since when it has almost doubled to 516p.
Top performance: Most of the shares recommended by Midas this year have risen by at least 15 per cent
The group matches companies that need particular services, such as marketing, design and technology, with firms or individuals that can provide them. Online auctions are organised to keep down costs for companies and strict timetables are set to encourage suppliers to deliver on time and on budget.
Blur has grown exponentially since it was founded just three years ago by entrepreneur Philip Letts, and brokers predict further strong growth in the years ahead. However, investors have done exceptionally well and now might be a good time to bank some profits and sell half their shares.
cynic
- 29 Dec 2013 14:04
- 190 of 471
given the pathetically thin trading in this stock, it will be interesting to see how sharply the price falls and/or the margin widens if there is even a modicum of selling pressure
dreamcatcher
- 29 Dec 2013 16:14
- 191 of 471
What about the price going up, as this seems to be the call at present.
cynic
- 29 Dec 2013 16:19
- 192 of 471
same can apply of course
dreamcatcher
- 29 Dec 2013 16:23
- 193 of 471
Very important to invest early on in a company with great prospect. There is risk, yes.
No I would not buy into this company at this price. My view, do your research, invest early to build a safety cushion below the sp and top slice removing my initial investment.
No I would not buy into this company at this price. My view, do your research, invest early to build a safety cushion below the sp and top slice removing my initial investment.
dreamcatcher
- 30 Dec 2013 13:00
- 194 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 547.00. Over this period, the share price is up 601.28
dreamcatcher
- 31 Dec 2013 09:59
- 195 of 471
UP 60p since Christmas day, looks like the next climb.
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 560.00. Over this period, the share price is up 617.95%.
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 560.00. Over this period, the share price is up 617.95%.
mcgrath1958 - 31 Dec 2013 10:37 - 196 of 471
Just amazing stuff DC, what a Santa Rally Blur's had indeed!
dreamcatcher
- 31 Dec 2013 10:40
- 197 of 471
Happy new year mcgrath1958 :-)) up over 100% for myself now. The Midas best performer for 2013.
mcgrath1958 - 31 Dec 2013 10:57 - 198 of 471
Thanks DC a very Happy New Year to you ! I got in start off Aug, wish I had sooner but not complaining! Beat my expectations reaching this point so soon!! Keep up the good work with your postings etc!
dreamcatcher
- 31 Dec 2013 15:32
- 199 of 471
Year end today. Trading update something like the 25 Jan.(Going by 2013)
dreamcatcher
- 02 Jan 2014 12:19
- 200 of 471
2013: A good year to take AIM
By John Harrington
January 02 2014, 11:28am
Crowd-sourcing trailblazer blur Group (LON:BLUR) appears to be aptly named; since floating in October 2012 at 82p the shares have risen faster than the eye can register, and now trade at 584.25p. All of the explosive growth came in 2013, with the shares rising 634% as the market got its head round blur’s business model and the way the company is reinventing what it calls services commerce, or s-commerce for short.
A succession of milestones were passed by the group during the year, with the interval between them getting shorter each time. In October, the group announced that its Global Services Exchange had been used 3,000 times by customers.
The value of projects submitted to the exchange, which allows customers to outsource almost any task, had exceeded US$70mln by the end of October. By mid-December, that figure had risen to US$104mln.
http://www.proactiveinvestors.co.uk/companies/news/64521/2013-a-good-year-to-take-aim-64521.html
By John Harrington
January 02 2014, 11:28am
Crowd-sourcing trailblazer blur Group (LON:BLUR) appears to be aptly named; since floating in October 2012 at 82p the shares have risen faster than the eye can register, and now trade at 584.25p. All of the explosive growth came in 2013, with the shares rising 634% as the market got its head round blur’s business model and the way the company is reinventing what it calls services commerce, or s-commerce for short.
A succession of milestones were passed by the group during the year, with the interval between them getting shorter each time. In October, the group announced that its Global Services Exchange had been used 3,000 times by customers.
The value of projects submitted to the exchange, which allows customers to outsource almost any task, had exceeded US$70mln by the end of October. By mid-December, that figure had risen to US$104mln.
http://www.proactiveinvestors.co.uk/companies/news/64521/2013-a-good-year-to-take-aim-64521.html
dreamcatcher
- 02 Jan 2014 14:58
- 201 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 585.00. Over this period, the share price is up 640.51%.
halifax - 02 Jan 2014 17:51 - 202 of 471
dc yes interesting market cap £160m last year turnover£2.3m loss after tax £1.5m they are definitely going to have to run very hard to justify this rating. It is possible they can increase their turnover as the concept takes hold in say 5 years time.
dreamcatcher
- 02 Jan 2014 18:01
- 203 of 471
All i'm interested in at the end of the day. :-))
halifax - 02 Jan 2014 18:06 - 204 of 471
dc well done are you still holding?
dreamcatcher
- 02 Jan 2014 18:08
- 205 of 471
4000 @ 274p. Blur is on a 690p target price .
BAYLIS
- 02 Jan 2014 20:19
- 206 of 471
SOLDOUT
dreamcatcher
- 03 Jan 2014 19:43
- 207 of 471
blur Group’s Industry Predictions for 2014
blurGroup
by Will
1 January, 2014
2013 was an extraordinary year, both for blur Group and the various business industries that the Global Services Exchange is focused on. What will 2014 look like?
One of the benefits of working with something like the Global Services Exchange is that you get insights into a huge range of industries. But with the amount that’s happening, and the amount of information that we’ve got available, how do you narrow your perspective down to what’s going to be important in 2014?
Luckily we’ve put together some predictions from industry experts. Take a look at their insights below, starting off with a look at the future for blur from our CEO, Philip Letts.
The future for blur
“In the next 12 months I want to make sure blur maintains a leading position in business services innovation. I want blur to be a true UK global technology success story. We saw in Q3 that blur and s-commerce is developing globally and is maturing at a fast pace, so I plan on keeping blur on this track. We just recently announced that we will be opening an office in Southern California that will be responsible for leading the development of blur’s strategic plans and business model.
“It will change not only the way that businesses transact when buying and selling services, but also help them to understand that there is always global choice whenever the time comes to buy a service – they need not use the same provider if they’d prefer a fresh perspective. It will free up ambition and possibility for businesses worldwide.”
Philip Letts, blur Group CEO and Founder
The rise of personal data
“I think that personal data analysis will be the big thing of 2014. With so many social media sites clogging up our smartphones, people are going to want to know what is worth keeping and what is worth ditching. Curiosity is inevitable; how many winks am I getting on Tinder? How many people actually watched that video I posted on Facebook? It seems to already have happened with Tumblr, which initially seemed to have the focus more on who you are following, but with their new control panel your activity is thrust in front of you, whether you want to see the rate of people following you and reblogging you or not. Facebook’s ‘See Your 2013 Year in Review’ is part of a similar move. There’s been a shift from active user to active provider, and people are going to want to see how their content is being received.”
Phoebe Ellis-Rees, blur Group Contributor
Clever Touch’s insights into marketing
1.Marketing automation will become more embedded, and intelligent engagements beyond drip campaigns will be seen as a new source of marketing advantage.
2.Marketers will evolve their social strategies beyond ‘social sentiment analysis’ with tools such as Radian 6, moving them to ‘social segment analysis’ with tools like CrowdVu.
3.Marketers will develop and reassess their data management and governance strategies…reputation management is the new brand management for 2014.
Adam Sharp, Clever Touch MD
Salesforce say go mobile
We are predicting that the world is going mobile. At the moment, less than 20% of enterprises are providing mobile ready applications. By 2017, we are predicting that over 80% will be mobile.
Get ahead of the curve if you haven’t done already!!!!!
Prediction for enterprise in 2014 – an increased focus on restructuring their company to focus their sales, service and marketing via mobile applications!”
Stephen Collins, Account Executive at salesforce.com
The outlook for content and PPC
Content Marketing: Content will be a key focus of this (as it already is) but expect more businesses to fully integrate content into their sites, tell stories and connect social properly. We suspect that many SEO campaigns (beyond the standard site optimisation) will look more like creative/branding projects rather than link-building/outreach campaigns. With great creative comes increased brand awareness and strong social support – This leads to social links, blog posts and PR (the things Google really love).
PPC: Bid management will continue to evolve and real time bidding will become a feature that most suppliers add to their suites. By monitoring and adjusting bids every few clicks instead of every hour (or often just a handful of times per day), businesses should find greater savings or improved returns for their budget. Whether these savings will out-weigh the cost of the tools in the first place will depend on the individual business and industry…
Paid search localisation will continue to evolve, with more concise targeting and mobile usage. If phone batteries ever improve then we will likely see more people with their mobile GPS turned on, which enables pinpoint accuracy and hyper-localised targeting.
Paid search ads will continue to take up more space in the search results, with extended G+ integration and more use of images in the paid ad space (images to support traditional search ads, and also Product Listing Ads).”
Stelios Pardalakis, Stellar Search
Continued improvement of content
“Over the course of 2013 we saw the quality of content improve massively, and I really hope this continues. Spammy articles have been completely devalued, and marketers are investing in well-researched content packed with original thought and depth. The rise in co-citation will raise standards even higher in 2014.”
Claire Broadley, Red Robot
mcgrath1958 - 05 Jan 2014 07:47 - 208 of 471
Just checked the Ticker , $120,508,785 , wow a 5 $ Million jump in two day's! Should bode well tomorrow hopefully!!
dreamcatcher
- 05 Jan 2014 08:36
- 209 of 471
Look more often then mcgrath1958 as it has not gone up like that when I look. :-))
mcgrath1958 - 05 Jan 2014 09:58 - 210 of 471
Like that DC , i keep looking it be I Billion HeHe, maybe one day it will !!!
mcgrath1958 - 06 Jan 2014 10:31 - 211 of 471
Kind of strange , all these Buys , yet the share price don't budge ?
cynic
- 06 Jan 2014 11:07
- 212 of 471
all these buys??????????? ...... the total trade is a bare 40,000 shares!!!!!!
mcgrath1958 - 06 Jan 2014 17:21 - 213 of 471
Trust me cynic , this will budge north very soon again, all these PI's today haven't brought into this share on just a whim trust me!!
cynic
- 06 Jan 2014 17:43
- 214 of 471
why should i "trust you"? :-)
you may be right, but i don't deal in such illiquid stocks anyway
i have however bought WAND to tuck away for a while
you may be right, but i don't deal in such illiquid stocks anyway
i have however bought WAND to tuck away for a while
mcgrath1958 - 07 Jan 2014 07:38 - 215 of 471
Maybe that's in wrong context the "trust me", but you have to admit like Wand which i missed the boat on that one, they are both doing extremely well so far!! But as we all know any share can quickly tank big time and head South!
cynic
- 07 Jan 2014 07:44
- 216 of 471
of course .... to some degree i was teasing
i don't really know what BLUR does, and i have just a small inkling about WAND and what it does
talking of which, 3-D printing is also an important cutting-edge industry that is worth investigating
i don't really know what BLUR does, and i have just a small inkling about WAND and what it does
talking of which, 3-D printing is also an important cutting-edge industry that is worth investigating
mcgrath1958 - 07 Jan 2014 08:14 - 217 of 471
No probs Cynic, you could be right about 3 -D printing , probably will be the next big thing, take some time but it will i believe change the world in lot's of ways! Again like all these "Potential Big Changers" let's say, as you know it's getting in on the first Company's that are going to hit it big, that's the trick as always to making big money!
cynic
- 07 Jan 2014 08:19
- 218 of 471
3-D printing
you may need to look at US stocks for the best ..... try DDD and SSYS
you may need to look at US stocks for the best ..... try DDD and SSYS
dreamcatcher
- 07 Jan 2014 08:28
- 219 of 471
No excuse to not know what a company does on any thread I have set up, just takes reading. :-)) or most of the threads in fact.
cynic
- 07 Jan 2014 08:29
- 220 of 471
i read about WAND but still did not understand so had to ask Number2 Son to enlighten me :-)
mcgrath1958 - 07 Jan 2014 08:39 - 221 of 471
Thanks cynic, will have a look, as it started out there makes sense!
dreamcatcher
- 07 Jan 2014 19:11
- 222 of 471
$125,668,360 UP $5 million since 5Jan
value of projects submitted
value of projects submitted
mcgrath1958 - 08 Jan 2014 08:12 - 223 of 471
Happy Day's Guy's !!
dreamcatcher
- 08 Jan 2014 17:39
- 224 of 471
Q4 Metrics Update
RNS
RNS Number : 1305X
blur (Group) plc
08 January 2014
http://www.moneyam.com/action/news/showArticle?id=4735384
dreamcatcher
- 08 Jan 2014 17:45
- 225 of 471
UPDATE - blur Group rounds off 2013 with record breaking quarter
By Giles Gwinnett
January 08 2014, 10:55am
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012
---ADDS BROKER COMMENT AND SHARE PRICE---
Crowd-sourcing specialist blur Group (LON:BLUR) told investors it finished 2013 - its most successful year to date - with a record breaking fourth quarter.
Increasing numbers of projects and their values submitted to its Global Services Exchange underlines the view that more firms around the world are recognising blur's s-commerce, or services commerce model, it said in Wednesday's update.
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012.
The number of projects entered into the exchange during the quarter was 719 - a 188% increase on the 250 in Q4 2012, while the overall value of projects submitted so far for the company stands at US$115.3 million.
Philip Letts, chief executive of blur, said: "We've described 2013 as the year of s-commerce adoption.
"This quarter not only confirmed that s-commerce is changing business globally, particularly evidenced by growing project submissions from Asia Pacific, but also showed how high-value, long term projects with staged delivery cycles provide visibility of Exchange use and uptake through 2014.
"This quarter saw us build the organisational infrastructure to shape our business for the next three years, allowing us to grow and scale globally.
"Building on the exceptional growth in s-commerce adoption 2013, 2014 will see a focus on enterprise s-commerce and mobile s-commerce accelerating the uptake globally."
N+1 Singer noted there was a rising number of projects from India, Australia and New Zealand, which supported the group's move to open its Asia Pacific office later this year.
"North America remains the largest market accounting for 47% of projects submitted, followed by Europe (31%), with India accounting for 15%. Whilst the largest number of projects was for marketing services, technology services continues to be the fastest growing vertical, accounting for over 20% of submitted projects," said analyst Tintin Stormont.
Last year was a "tipping point" in the adoption of s-commerce, which began in the second quarter, when there was an increased number of high-value, long-term projects submitted, notes Stormont.
"This helps build a pipeline with stronger revenue visibility, especially from companies like Regus, Danone, GE, NetworkRail, and Topman who have a greater propensity to repeat."
Blur shares gained 2.44% after today's news to trade at 588p.
By Giles Gwinnett
January 08 2014, 10:55am
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012
---ADDS BROKER COMMENT AND SHARE PRICE---
Crowd-sourcing specialist blur Group (LON:BLUR) told investors it finished 2013 - its most successful year to date - with a record breaking fourth quarter.
Increasing numbers of projects and their values submitted to its Global Services Exchange underlines the view that more firms around the world are recognising blur's s-commerce, or services commerce model, it said in Wednesday's update.
The value of projects submitted in the three months saw an eye-watering 1,509% increase year-on-year growth to US$64.52 million. compared to US$4.01 mln in Q4 2012.
The number of projects entered into the exchange during the quarter was 719 - a 188% increase on the 250 in Q4 2012, while the overall value of projects submitted so far for the company stands at US$115.3 million.
Philip Letts, chief executive of blur, said: "We've described 2013 as the year of s-commerce adoption.
"This quarter not only confirmed that s-commerce is changing business globally, particularly evidenced by growing project submissions from Asia Pacific, but also showed how high-value, long term projects with staged delivery cycles provide visibility of Exchange use and uptake through 2014.
"This quarter saw us build the organisational infrastructure to shape our business for the next three years, allowing us to grow and scale globally.
"Building on the exceptional growth in s-commerce adoption 2013, 2014 will see a focus on enterprise s-commerce and mobile s-commerce accelerating the uptake globally."
N+1 Singer noted there was a rising number of projects from India, Australia and New Zealand, which supported the group's move to open its Asia Pacific office later this year.
"North America remains the largest market accounting for 47% of projects submitted, followed by Europe (31%), with India accounting for 15%. Whilst the largest number of projects was for marketing services, technology services continues to be the fastest growing vertical, accounting for over 20% of submitted projects," said analyst Tintin Stormont.
Last year was a "tipping point" in the adoption of s-commerce, which began in the second quarter, when there was an increased number of high-value, long-term projects submitted, notes Stormont.
"This helps build a pipeline with stronger revenue visibility, especially from companies like Regus, Danone, GE, NetworkRail, and Topman who have a greater propensity to repeat."
Blur shares gained 2.44% after today's news to trade at 588p.
dreamcatcher
- 08 Jan 2014 18:21
- 226 of 471
Good update. But as the old boy in Tesco used to say ' What's the profit lad'? Its like a lot of people muddle profit and turnover. :-)) Non of the above means a thing, until figures are produced with a good profit to match the good word above. Watching closely . As long as the sp climbs I'm happy.
halifax - 08 Jan 2014 18:36 - 227 of 471
but when the little boy points his finger at the emperor with no clothes what will happen to the sp?
dreamcatcher
- 08 Jan 2014 20:18
- 228 of 471
blur Group anticipates further growth after 1,509% rise in 2013 revenue
By Jeremy Naylor
January 08 2014, 3:52pm
Philip Letts, CEO of blur Group (LON:BLUR) tells Proactiveinvestors that after an 'exceptional' year the company is well placed to benefit from the continued interest in the network exchange. Philip also says that the trend in rising project values are also expected to continue and this will also help drive growth this year
http://www.proactiveinvestors.co.uk/companies/stocktube/2454/blur-group-anticipates-further-growth-after-1509-rise-in-2013-revenue--2454.html
required field - 08 Jan 2014 20:39 - 229 of 471
If I get this right : this is a sort of confused.com/money supermarket sort of thingy thing.....and it seems they have the niche all to themselves....wished I'd kept the few I had earlier...
dreamcatcher
- 08 Jan 2014 21:25
- 230 of 471
Welcome back rf :-))
dreamcatcher
- 08 Jan 2014 21:45
- 231 of 471
How it works
A simple 4-step process
The Global Services Exchange delivers business and creative services at the touch of a button – fast, streamlined and efficient with its s-commerce platform. Four simple steps take you from briefing through to project delivery, opening up access to the world’s best service providers.
1. Brief
Tell us your project requirements using our online brief app. This is your description of your requirement. It’s where you set your budget and your deadlines so that we can get the process going.
2. Pitch
We’ll shortlist the top pitches from global expert service providers for you to review from your account. Every expert on the Exchange is already vetted, so we can guarantee that every pitch that makes it to the final selection process is exactly what you require – and more.
Look at our style guide for tips and examples of what makes a successful pitch
3. Project
Select the pitch and kick off the project in your dedicated online project space. This begins your direct collaboration with your chosen experts, and every part of the project can be viewed, edited and scheduled from your online account.
4. Delivery
The project runs on the Exchange through to final delivery and payment. During the process you work with Exchange Support, check the progress of the project and its delivery and rate and review your providers.
required field - 09 Jan 2014 08:25 - 232 of 471
Thanks Dreamcatcher.....one to monitor...would like to buy some back but the sp is a little scary....
dreamcatcher
- 09 Jan 2014 14:34
- 233 of 471
Edison today - While healthy progress was expected, Q4 KPIs were eye-wateringly strong
with the value of projects submitted growing 1,508% year-on-year.
Evidence that the network effect is taking hold is starting to build, raising
the possibility of blur delivering incremental growth. The company will
continue investing to drive home its first-mover advantage, but top-line
estimates for 2014 onwards look conservative. We will review our
forecasts at the time of the full-year trading update on 22 January.
with the value of projects submitted growing 1,508% year-on-year.
Evidence that the network effect is taking hold is starting to build, raising
the possibility of blur delivering incremental growth. The company will
continue investing to drive home its first-mover advantage, but top-line
estimates for 2014 onwards look conservative. We will review our
forecasts at the time of the full-year trading update on 22 January.
dreamcatcher
- 09 Jan 2014 16:33
- 234 of 471
$134,720,460
value of projects submitted
value of projects submitted
halifax - 09 Jan 2014 16:41 - 235 of 471
submitted? awarded? profit?
cynic
- 09 Jan 2014 16:48
- 236 of 471
hali - i don't know what BLUR actually do, and have almost taken WAND on trust, though i have an inkling there ...... on the other hand, similar aspersion were cast at BLNX, and though it took a while to become genuinely profitable, it now is, and the shares continue to track north (unlike TLW!)
halifax - 09 Jan 2014 17:00 - 237 of 471
cynic didn't you once say one should never buy shares in a company if you didn't understand what that company did?
cynic
- 09 Jan 2014 17:07
- 238 of 471
i hope not :-)
halifax - 09 Jan 2014 17:08 - 239 of 471
cynic memory loss is the first sign of........
dreamcatcher
- 10 Jan 2014 14:42
- 240 of 471
Q&A: Plenty of scope for continued explosive growth at blur Group
By John Harrington
January 10 2014, 10:19am
'We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us,' said blur boss, Philip Letts
"We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us," said blur boss, Philip Letts
Blur Group (LON:BLUR), the crowdsourcing specialist, has just seen shares rise to an all-time high, after the company rounded off 2013 with a record-breaking quarter.
Jeremy Naylor recently spoke to Philip Letts, blur’s chief executive, to review the firm’s many achievements in 2013.
Jeremy Naylor: This time last year, shares were 80 pence; they are now at 588. Explain a bit about what’s been happening.
Philip Letts: Blur Group’s had another strong year, and we’ve delivered on all of our key metrics. We obviously had very strong quarter-on-quarter growth; we had very strong growth year-on-year as well. We launched blur 3.0, which was our annual dot release for the platform, and that was extremely well received. We now have approaching 40,000 business users on the exchange.
I think s-commerce [services-commerce] is generally getting more and more accepted by small, medium and large businesses throughout the world. Our largest market, the US, has strengthened through the year; obviously the economy is doing extremely well. Europe, as our second market, is doing very nicely, and we’ve seen a really rapid growth of our newest market, which is the Asia Pacific region, through 2013; the second half in particular.
I think, like with most businesses, a good result from a share price perspective is really just a reflection of the performance of the business, and we’re very pleased with how we’ve done.
Jeremy: You talk about strong growth so it is worth highlighting the actual number, which was 1509% year-on-year growth in submitted project values. Now, are projects expected to continue to grow at this sort of run rate this year?
Philip: Yes, I mean I think for any business, if you see a 1500%+ growth in any of your core metrics, then that’s exceptional. Clearly we’re seeing network effects really drive, and the hockey stick is coming though.
That number reflects the total value of submitted projects in Q4 alone, over the year prior, and it stood at US$64 million worth of projects submitted in that quarter. Now, if you annualise that, just at a flat rate, if you annualise the US$64 million, that’s US$250 million worth of projects on an annual basis coming onto the platform, which is [for] a US$2 trillion+ industry - the services industry worldwide - that we cover. It’s still a rounding error, but it’s a very relevant rounding error, and one we can grow from strongly.
Jeremy: Project values have been growing as well. Explain a bit more about this.
Philip: Blur 3.0 was designed to be able to drive us from the SME [small to medium enterprises] sector into the early corporate sector, and we’ve absolutely seen the benefits of that. We’re now seeing larger customers giving us larger projects.
We’ve continued to increase the cap on the project value that you can submit automatically onto the exchange. Right up to now, we take anything from US$1000 services projects right up to US$5 million projects, and that’s worked very well, and all the support people, our customer care functions, I think they’ve been doing a really good job of helping usher larger projects and customers through the process, and we expect that trend to continue through 2014.
Jeremy: What are your key goals, then, for 2014?
Philip: The three core goals, really, our end, and they’ll probably be the same three core goals for many years... First and foremost, is to deliver on all of our core metrics and our financial targets; that’s what allows us to do everything else. We’ve always been very focused on that and we always will be very focused on that.
Then, secondly, is continued innovation. We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us.
We’ll see s-commerce go deeper into the enterprise and enterprise extensions. We’ll see ourselves increasingly drive through mobile s-commerce. Then, last and by no means least, the key goal is to keep developing our people, growing our talent and developing our ecosystem, and that’s what we’ll focus on.
By John Harrington
January 10 2014, 10:19am
'We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us,' said blur boss, Philip Letts
"We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us," said blur boss, Philip Letts
Blur Group (LON:BLUR), the crowdsourcing specialist, has just seen shares rise to an all-time high, after the company rounded off 2013 with a record-breaking quarter.
Jeremy Naylor recently spoke to Philip Letts, blur’s chief executive, to review the firm’s many achievements in 2013.
Jeremy Naylor: This time last year, shares were 80 pence; they are now at 588. Explain a bit about what’s been happening.
Philip Letts: Blur Group’s had another strong year, and we’ve delivered on all of our key metrics. We obviously had very strong quarter-on-quarter growth; we had very strong growth year-on-year as well. We launched blur 3.0, which was our annual dot release for the platform, and that was extremely well received. We now have approaching 40,000 business users on the exchange.
I think s-commerce [services-commerce] is generally getting more and more accepted by small, medium and large businesses throughout the world. Our largest market, the US, has strengthened through the year; obviously the economy is doing extremely well. Europe, as our second market, is doing very nicely, and we’ve seen a really rapid growth of our newest market, which is the Asia Pacific region, through 2013; the second half in particular.
I think, like with most businesses, a good result from a share price perspective is really just a reflection of the performance of the business, and we’re very pleased with how we’ve done.
Jeremy: You talk about strong growth so it is worth highlighting the actual number, which was 1509% year-on-year growth in submitted project values. Now, are projects expected to continue to grow at this sort of run rate this year?
Philip: Yes, I mean I think for any business, if you see a 1500%+ growth in any of your core metrics, then that’s exceptional. Clearly we’re seeing network effects really drive, and the hockey stick is coming though.
That number reflects the total value of submitted projects in Q4 alone, over the year prior, and it stood at US$64 million worth of projects submitted in that quarter. Now, if you annualise that, just at a flat rate, if you annualise the US$64 million, that’s US$250 million worth of projects on an annual basis coming onto the platform, which is [for] a US$2 trillion+ industry - the services industry worldwide - that we cover. It’s still a rounding error, but it’s a very relevant rounding error, and one we can grow from strongly.
Jeremy: Project values have been growing as well. Explain a bit more about this.
Philip: Blur 3.0 was designed to be able to drive us from the SME [small to medium enterprises] sector into the early corporate sector, and we’ve absolutely seen the benefits of that. We’re now seeing larger customers giving us larger projects.
We’ve continued to increase the cap on the project value that you can submit automatically onto the exchange. Right up to now, we take anything from US$1000 services projects right up to US$5 million projects, and that’s worked very well, and all the support people, our customer care functions, I think they’ve been doing a really good job of helping usher larger projects and customers through the process, and we expect that trend to continue through 2014.
Jeremy: What are your key goals, then, for 2014?
Philip: The three core goals, really, our end, and they’ll probably be the same three core goals for many years... First and foremost, is to deliver on all of our core metrics and our financial targets; that’s what allows us to do everything else. We’ve always been very focused on that and we always will be very focused on that.
Then, secondly, is continued innovation. We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us.
We’ll see s-commerce go deeper into the enterprise and enterprise extensions. We’ll see ourselves increasingly drive through mobile s-commerce. Then, last and by no means least, the key goal is to keep developing our people, growing our talent and developing our ecosystem, and that’s what we’ll focus on.
required field - 10 Jan 2014 16:47 - 241 of 471
The more I read all through all this : the more puzzled I am as to what do they actually do?...Hey !...they have launched 3.0 !...they are now launching blur 4.0...going universal ?...or a day in the country ? (Exeter headquarters)...
mcgrath1958 - 10 Jan 2014 17:21 - 242 of 471
It was mentioned by Blur, last year some time that Blur 4.0 will be launched this Summer i believe! They do put out there this forthcoming stuff for us to read!!!
required field - 10 Jan 2014 17:43 - 243 of 471
Wouldn't the yellow pages do the same job ?
dreamcatcher
- 10 Jan 2014 17:50
- 244 of 471
Are yellow pages in the 131 countries that the experts are. Nooooooooooo
halifax - 10 Jan 2014 19:36 - 245 of 471
yellow pages went out of business let's hope Blur doesn't follow suit.
dreamcatcher
- 10 Jan 2014 20:04
- 246 of 471
$139,829,320
value of projects submitted
value of projects submitted
mcgrath1958 - 14 Jan 2014 09:11 - 247 of 471
This SP to be rising like this since midday yesterday must be down to some really good news about to come out very soon!
required field - 14 Jan 2014 09:45 - 248 of 471
Still no mention of any profits....hefty sp...
required field - 14 Jan 2014 09:51 - 249 of 471
What bothers me is : that this could go to twenty quid......and I'm not in....aaaggghhh...
dreamcatcher
- 14 Jan 2014 16:26
- 250 of 471
Another good day.
dreamcatcher
- 14 Jan 2014 16:44
- 251 of 471
Closed up 11.72%
dreamcatcher
- 15 Jan 2014 15:45
- 252 of 471
Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 674.20. Over this period, the share price is up 350.97%
BAYLIS
- 15 Jan 2014 15:49
- 253 of 471
YOU ACE IT. CHEERS DC.
dreamcatcher
- 15 Jan 2014 15:51
- 254 of 471
Cheers BAYLIS.
halifax - 15 Jan 2014 16:14 - 255 of 471
Is this yet another Icarus or as somebody else would say "rocket and stick"?
dreamcatcher
- 15 Jan 2014 16:54
- 256 of 471
up £1 in six days. :-))
mitzy - 15 Jan 2014 18:06 - 257 of 471
Superb.
imo.
imo.
cynic
- 15 Jan 2014 18:11
- 258 of 471
DC - what does BLUR actually do - in simpleton's english please :-)
required field - 15 Jan 2014 18:13 - 259 of 471
Steady Cynic...that's a difficult one...
required field - 15 Jan 2014 18:16 - 260 of 471
I had some at a lower level....but took the profit...job to value this...it's some sort of online yellow pages....the only interest for me is can we make a buck out of this rise ?...now almost seven quid...will take some increase from here to be worthwhile...
dreamcatcher
- 15 Jan 2014 18:24
- 261 of 471
Any questions please come back Cynic.
What's the blur Global Services Exchange About?
http://www.youtube.com/watch?v=eIQHd2K3jWY
What's the blur Global Services Exchange About?
http://www.youtube.com/watch?v=eIQHd2K3jWY
cynic
- 15 Jan 2014 18:52
- 262 of 471
if it's like on-line yellow pages, why on earth would that be considered so wonderful?
WAND i can appreciate, understand being a bit of an exaggeration
WAND i can appreciate, understand being a bit of an exaggeration
jimmy b
- 15 Jan 2014 18:59
- 263 of 471
Cause if you were in last summer you'v done pretty good look at the chart :)
dreamcatcher
- 15 Jan 2014 19:03
- 264 of 471
Remember its a global exchange.
dreamcatcher
- 15 Jan 2014 19:05
- 265 of 471
And Blur do all the running . You do not even have to leave the armchair.
dreamcatcher
- 15 Jan 2014 19:06
- 266 of 471
Again the sp being driven by the huge market Blur is chasing.
blur Group poised to become leader in US$1,100bn market
By John Harrington July 31 2013, 10:18am While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.
Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
blur Group poised to become leader in US$1,100bn market
By John Harrington July 31 2013, 10:18am While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.
Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.
The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.
halifax - 15 Jan 2014 20:00 - 267 of 471
cynic these type of companies can only be properly assessed when their audited accounts become public.
cynic
- 15 Jan 2014 20:16
- 268 of 471
not entirely true hali, as BLNX was also something of a stab in the dark, though it is now making decent profits .... DC's c+p above at least makes sense of the company, and of course it's nothing like yellow pages at all
dreamcatcher
- 15 Jan 2014 20:19
- 269 of 471
Any investor that got into Blur early is on a win, win situation. I myself have a choice to sell out completely before any financial news, top slice and run free or even run the risk of the sp falling or indeed rising substantially. You sit and wait for financial figures with the sp rising at this rate, sorry no. You cannot play the aim market like that.
cynic
- 15 Jan 2014 20:36
- 270 of 471
of course you can, and there is actually a good argument for doing so .... with a winner, the profits may not be as great, though substantial nevertheless ..... a great % are losers, so no more need be said
ASC is the classic
of course you could have bought for pennies just a few years back, but even if you did, how big a slab would you have wanted to risk? ..... would you have held right the way through to now? .... common sense says you should not have done, even though hindsight shows that lunacy unusually prevailed
ASC is the classic
of course you could have bought for pennies just a few years back, but even if you did, how big a slab would you have wanted to risk? ..... would you have held right the way through to now? .... common sense says you should not have done, even though hindsight shows that lunacy unusually prevailed
dreamcatcher
- 15 Jan 2014 20:47
- 271 of 471
hmmmmm. I would guess you are sitting on a loss in WAND. It works both ways. It works for me.
halifax - 15 Jan 2014 22:10 - 272 of 471
understandable you have been ramping it forever!
dreamcatcher
- 15 Jan 2014 22:12
- 273 of 471
Again a company you could have made a lot of money from and missed the boat. lets say no more. :-))
halifax - 15 Jan 2014 22:18 - 274 of 471
dc so all the time you have been ramping shares like this one hoping to suck in gullible PI's and then you make an easy profit....and run.
dreamcatcher
- 15 Jan 2014 22:21
- 275 of 471
You are looking so daft.
dreamcatcher
- 15 Jan 2014 22:21
- 276 of 471
Carry on -----------------------
halifax - 15 Jan 2014 22:23 - 277 of 471
dc why is it daft to tell the truth?
jimmy b
- 15 Jan 2014 22:52
- 278 of 471
Halifax ,i have to defend DC whoever he or she is ,most threads DC starts are with information and charts and then DC posts throughout the year with updates ,i have read most of them ,unfortunately not bought in to any,shame as a lot have done very well ,,i don't get anyones gripe with this ,,just my opinion ...
Dil
- 16 Jan 2014 02:01
- 279 of 471
cynic ... as Limpy once taught me , who cares ???
cynic
- 16 Jan 2014 07:18
- 280 of 471
to a certain extent, i do ..... at the very least, i want to be fairly sure i am not investing in tulip bulb futures
mitzy - 16 Jan 2014 09:08 - 281 of 471
Great share and great prospects for 2013.
required field - 16 Jan 2014 09:29 - 282 of 471
Jumped on the bandwagon for a second time...hope I don't regret it....
HARRYCAT
- 16 Jan 2014 09:35
- 283 of 471
Chasing rainbows again rf? ;o) I see your taste for the riskier stocks hasn't left you! Good luck!!!
required field - 16 Jan 2014 09:38 - 284 of 471
I know Harrycat......I've been in before around the three..four pound mark.....dangerous game....getting in again.....and I still don't fully understand what the hell they do apart from bringing together people or companies that need services...?????....try a petrol station...
mitzy - 16 Jan 2014 09:42 - 285 of 471
Increible Blur.
required field - 16 Jan 2014 09:43 - 286 of 471
Just repeating myself...check out Angle guys...AGL....
mcgrath1958 - 16 Jan 2014 11:14 - 287 of 471
Not complaining , but this rise the last few day's is just incredible!!
dreamcatcher
- 16 Jan 2014 11:42
- 288 of 471
1
BAYLIS
- 16 Jan 2014 14:57
- 289 of 471
$140,794,820value of projects submitted
3,674
total projects to date
mitzy - 16 Jan 2014 15:13 - 290 of 471
Never seen anything like this .
cynic
- 16 Jan 2014 15:19
- 291 of 471
if you think WAND is scary then try this ......
it's an MM-only stock
offerings are in no more than 3,000 shares
there have only been 125,000 traded today
also, a bit i don't understand . ....
this is one of those strange stocks that has uncrossing times and thus, i guess no real live pricing
please can someone enlighten this dimwit
it's an MM-only stock
offerings are in no more than 3,000 shares
there have only been 125,000 traded today
also, a bit i don't understand . ....
this is one of those strange stocks that has uncrossing times and thus, i guess no real live pricing
please can someone enlighten this dimwit
Greyhound - 16 Jan 2014 19:17 - 292 of 471
Not sold any and running the multi-bagger
mitzy - 17 Jan 2014 08:38 - 293 of 471
Today another big rise..?
dreamcatcher
- 17 Jan 2014 16:10
- 294 of 471
Large project -
Marketing £2,000,000 Consumer Electronics
Marketing £2,000,000 Consumer Electronics
dreamcatcher
- 19 Jan 2014 08:25
- 295 of 471
$154,237,420
value of projects submitted
3,705
total projects to date
cynic
- 19 Jan 2014 08:37
- 296 of 471
what on earth does "total projects" actually mean?
do they just represent leads or, at best, potential business or what?
i'm certain they don't mean real money coming into the coffers
do they just represent leads or, at best, potential business or what?
i'm certain they don't mean real money coming into the coffers
dreamcatcher
- 19 Jan 2014 09:00
- 297 of 471
cynic, projects placed with Blur.
From the site ,
It costs nothing to start a project. When everything is confirmed and it's published on the Exchange, the project is 'live'. Once you've selected your favourite pitch you will be invoiced for the entire project. 50% payment is due immediately before the work is started unless alternative arrangements have been made in advance. When the project is complete the second 50% payment is due. Please note that the total budget includes blur Group's fee - the Expert will receive the total price less 20%. After your account has been set up, a listing fee of £250/$375 or 10% of the maximum budget (ex VAT) whichever is greater, is payable. The listing fee is deducted from the final cost of the project.
http://www.blurgroup.com/design/wp-content/uploads/sites/7/2013/07/10-reasons-to-use-the-exchange.pdf
From the site ,
It costs nothing to start a project. When everything is confirmed and it's published on the Exchange, the project is 'live'. Once you've selected your favourite pitch you will be invoiced for the entire project. 50% payment is due immediately before the work is started unless alternative arrangements have been made in advance. When the project is complete the second 50% payment is due. Please note that the total budget includes blur Group's fee - the Expert will receive the total price less 20%. After your account has been set up, a listing fee of £250/$375 or 10% of the maximum budget (ex VAT) whichever is greater, is payable. The listing fee is deducted from the final cost of the project.
http://www.blurgroup.com/design/wp-content/uploads/sites/7/2013/07/10-reasons-to-use-the-exchange.pdf
cynic
- 19 Jan 2014 09:24
- 298 of 471
so in principle they're no more than bits of potential biz
it follows that the key is along the lines of the conversion rate - i.e. is 5% or 25% or 35% of projects submitted
without at least a guide, these project figures are totally meaningless
it follows that the key is along the lines of the conversion rate - i.e. is 5% or 25% or 35% of projects submitted
without at least a guide, these project figures are totally meaningless
dreamcatcher
- 19 Jan 2014 09:27
- 299 of 471
cynic, understood, you have asked a question and I have tried to answer it. You are either happy to invest or pass. I'm into many comps to know all the ins and outs. Hope you understand.
dreamcatcher
- 19 Jan 2014 09:30
- 300 of 471
In practical terms I do not suppose they can put much more info on the site otherwise figures would be worked out before they were published.
cynic
- 19 Jan 2014 10:43
- 301 of 471
i was merely raising the obvious questions that a potential investor should ask
it is not for me to tell anyone what to do with their money
as it ha[[ens, i shan't be putting my money into this one, at least for the time being .....
(a) there is no transparency as to the conversion rate for these (worthless) projects, so it is not apparent when money might start pouring into the coffers and at what sort of rate
(b) trading volume is pathetic
(c) sp is totally controlled by MMs, and worse still, the market in them is never actually live - 3/4 auctions only each day, unless you want to accept whatever the MMs have put on the screen
==================
DC - reluctant as i am to say it, but you really are taking on the guise of a ramper ..... though you say you have bought X,Y and Z stocks at basement prices and "yippee guys, look what a clever chap i have been", i am afraid it is all too easy to write whatever one likes
it is not for me to tell anyone what to do with their money
as it ha[[ens, i shan't be putting my money into this one, at least for the time being .....
(a) there is no transparency as to the conversion rate for these (worthless) projects, so it is not apparent when money might start pouring into the coffers and at what sort of rate
(b) trading volume is pathetic
(c) sp is totally controlled by MMs, and worse still, the market in them is never actually live - 3/4 auctions only each day, unless you want to accept whatever the MMs have put on the screen
==================
DC - reluctant as i am to say it, but you really are taking on the guise of a ramper ..... though you say you have bought X,Y and Z stocks at basement prices and "yippee guys, look what a clever chap i have been", i am afraid it is all too easy to write whatever one likes
dreamcatcher
- 19 Jan 2014 10:48
- 302 of 471
just being open and up front.
cynic
- 19 Jan 2014 10:56
- 303 of 471
mine was merely a fairly gentle observation :-)
dreamcatcher
- 19 Jan 2014 10:58
- 304 of 471
Fully understand, numbers and figures will be removed.
Chris Carson
- 19 Jan 2014 17:05
- 305 of 471
Take no notice DC, you picked this one, called it right. Well Done mate! Have yet to see Halifax or cynic make a similar call with any stock to date. No sense of humour the pair of them :O)
dreamcatcher
- 19 Jan 2014 18:08
- 306 of 471
Cheers chris. Just going to become a watcher like the sensible 99% on here. Not worth the grief.
dreamcatcher
- 19 Jan 2014 18:14
- 307 of 471
If cynic would ever read any of the threads he would gain the information he needs, instead of asking questions that can be looked up on the thread. And he should notice all threads are put up on the purchase of shares, so quite frankly they could go either way.
jimmy b
- 19 Jan 2014 20:06
- 308 of 471
DC Put up what thread you like ,if you post something new it will have a date ,people can then see if you got it right or wrong over time . No one has to invest and any figures you have posted should be checkable .
cynic you don't know who to have a dig at next it's becoming tiresome, plus you are ruining threads that others like to read .
cynic you don't know who to have a dig at next it's becoming tiresome, plus you are ruining threads that others like to read .
kevkan
- 19 Jan 2014 22:52
- 309 of 471
DC just ignore them stay just as you are
cynic
- 20 Jan 2014 07:49
- 310 of 471
as i said at the time, my criticism of DC was gentle
i also raised assorted questions about the company that were more than fair and i also explained why i wouldn't be investing here, at least for the time being
it's a funny old life, but if someone posts that they don't like a share, then certain others will claim that he is deramping, being unfairly critical or whatever
support the sheep, and you're deemed a good chap
==============
by the way, you two may care to cast an eye at WAND before you start casting aspersions again
i also raised assorted questions about the company that were more than fair and i also explained why i wouldn't be investing here, at least for the time being
it's a funny old life, but if someone posts that they don't like a share, then certain others will claim that he is deramping, being unfairly critical or whatever
support the sheep, and you're deemed a good chap
==============
by the way, you two may care to cast an eye at WAND before you start casting aspersions again
BAYLIS
- 20 Jan 2014 16:13
- 311 of 471
$154,308,420
value of projects submitted
3,717
total projects to date
required field - 21 Jan 2014 18:43 - 312 of 471
Up again.....unbelievable share.....pleased because I'm in .....really incredible...
cynic
- 21 Jan 2014 18:58
- 313 of 471
indeed so .... it must have had a late surge as I only saw sp at +5p
when will you bank at least some profits?
when will you bank at least some profits?
required field - 21 Jan 2014 19:03 - 314 of 471
Not yet Cynic.....this might go all the way to a tenner.....wish I had been in all the time since Shares mag highlighted this around 150p....I don't have a large number of shares but very pleased with this fantastic surge....and I still am trying to fully understand what their business model is ? and how it works ?...
cynic
- 21 Jan 2014 19:12
- 315 of 471
I find the sp pricing very odd too ..... if I look at L2, it seems to have closed effectively unchanged at 737, though there had indeed been a traded high of 820
required field - 21 Jan 2014 19:42 - 316 of 471
I hope it is not one of the oddities (if that is the right word)...it's just that this is going like clappers at the mo.....perhaps it's the new google....microsoft...who knows ?....I was reluctant into jumping in again........as I prefer the oil and tech sectors mainly...
required field - 21 Jan 2014 19:50 - 317 of 471
Perhaps it's a mistake...now and again the sp on companies can be marked up at close of play.
BAYLIS
- 21 Jan 2014 20:32
- 318 of 471
$154,502,295
value of projects submitted
3,731
total projects to date
kayha - 22 Jan 2014 11:16 - 319 of 471
required field - 22 Jan 2014 11:19 - 320 of 471
Out again.....will be some time before next news.....has to be a pullback at some stage.....not sure when.....
BAYLIS
- 22 Jan 2014 11:34
- 321 of 471
Good update cheers ,kayha.
required field - 22 Jan 2014 12:09 - 322 of 471
I bet we have another "donkey ears" formation pullback now !...(seems to be the trend for stocks now)...
required field - 22 Jan 2014 18:25 - 323 of 471
Almost a 10% drop.....just had to happen...
cynic
- 22 Jan 2014 19:06
- 324 of 471
i don't think that is really so .... i just think the so-called closing price last night was an anomaly ..... however, it does highlight the danger of these funny hybrid stocks which are not only totally MM controlled but effectively have live prices just 3-4 times day
required field - 23 Jan 2014 08:38 - 325 of 471
Down she goes....
BAYLIS
- 23 Jan 2014 12:56
- 326 of 471
http://www.youtube.com/watch?v=QDzS3BfASWo
IT WAS GREAT
IT WAS GREAT
halifax - 24 Jan 2014 09:43 - 327 of 471
sp down 15% on low volume
HARRYCAT
- 24 Jan 2014 09:51
- 328 of 471
Apart from the odd blip, volume is never that high for this stock.
cynic
- 24 Jan 2014 10:06
- 329 of 471
assuredly i do not gloat, but i guess i dare not say anything at all, as my views on this stock are known and brought castigation in their wake
jimmy b
- 24 Jan 2014 10:09
- 330 of 471
You sound like your on the stage cynic.
cynic
- 24 Jan 2014 10:19
- 331 of 471
do you mean the stagecoach being ridden out of town? :-)
jimmy b
- 24 Jan 2014 10:22
- 332 of 471
I was thinking more Hamlet :)
cynic
- 24 Jan 2014 10:29
- 333 of 471
is that the small cigar one?
required field - 24 Jan 2014 10:31 - 334 of 471
Come on you lot : take a punt in AGL (Angle)....
halifax - 24 Jan 2014 10:34 - 335 of 471
any reason for the sp drop apart from profit taking?
required field - 24 Jan 2014 10:36 - 336 of 471
I'd like to see the profits Blur has made rather than turnover figures and contracts...
cynic
- 24 Jan 2014 12:25
- 337 of 471
i'll say it yet again ....
the numbers being spouted aren't even contracts; they're projects = potential business, without even an approximate conversion rate attaching
add to that the the thinness of trading and that the stock is totally controlled by MM's and there is no live price against which to trade .......
and do i care if you guys throw bricks at me yet again?
not at all - be my guest
the numbers being spouted aren't even contracts; they're projects = potential business, without even an approximate conversion rate attaching
add to that the the thinness of trading and that the stock is totally controlled by MM's and there is no live price against which to trade .......
and do i care if you guys throw bricks at me yet again?
not at all - be my guest
mitzy - 28 Jan 2014 10:05 - 338 of 471
Up she goes..
kevkan
- 28 Jan 2014 12:37
- 339 of 471
Mitzy
Do you think this is sustainable not sure which way to jump
Do you think this is sustainable not sure which way to jump
cynic
- 28 Jan 2014 12:46
- 340 of 471
the caveat lies in the shares performance over the last few days and the fact that it is totally illiquid etc etc
mitzy - 28 Jan 2014 15:42 - 341 of 471
Hard to tell kev.
required field - 28 Jan 2014 21:25 - 342 of 471
Not in, but nice rebound.....more zip than Zippy the kangeroo on springs !...will it last ?....euhhh..or was it Flipper....euhhno.....Skippy........yes....hope it doesn't end up in one...euhh...that's a skip...I mean...
HARRYCAT
- 28 Jan 2014 22:53
- 343 of 471
Mild dementia setting in rf or just a case of a little too much ale? !!! ;o)
required field - 29 Jan 2014 09:18 - 344 of 471
Well it might be ale last night but the sp is up and down like a yoyo.....
dreamcatcher
- 30 Jan 2014 07:07
- 345 of 471
New blur 4.0 brief app
RNS
RNS Number : 8371Y
blur (Group) plc
30 January 2014
RNS REACH
30th January 2014
blur Group plc
("blur," the "Group" or the "Company")
New blur 4.0 brief app brings added functionality and true services-buying freedom
blur delivers early on tech roadmap demonstrating A grade technology function
blur Group plc (BLUR), the technology company that's reinventing commerce at blurgroup.com announced today the release of its ground-breaking blur 4.0 brief app, one full quarter ahead of schedule, which will see not only flawless stand-alone use across every browser, OS, platform and partner site, but a 'wizard'-like project buying user experience and feature-augmented mobile build. It marks the beginning of the phased roll-out of blur 4.0 over the next 2-3 quarters - the 4th generation of blur's market leading services commerce (s-commerce) platform.
It is the first phase of our 2014 mission of a component-based platform architecture, allowing for faster future integration of exciting new functionality and technology. Separating the brief app into a discrete application frees it from being used solely within the blur platform, making it easier and more convenient for customers to buy services from more locations.
Key to the 4.0 release is an enhanced user experience. Seamless customer-focused content supports those buying services on every step of the project submission journey. This improved journey includes clear highlights of where they are in the buying process, what is needed for the complete project brief, where to go next, what's happening with their information and what to expect from blur Group. This demonstrates blur using shareholder funds to out-innovate others and to raise competitor barriers, maintaining focus on functional lead.
Taking on-the-go services buying further, blur's mobile brief app has been updated and will capitalise on the success already seen after the initial December 2013 launch. Already over 10% of all projects submitted to the Global Services Exchange each month are via smartphones - both iOS and Android.
The new version includes more requirements fields so customers can provide more detailed information about their projects, enabling a faster, more thorough response from the exchange.
"We want to make submitting a project so easy and so accessible that businesses won't hesitate in trying out online services buying with blur," says blur CEO Philip Letts.
"The 4.0 Brief app update adds significant momentum to this campaign, and marks the beginning of 2014's push to integrate our platform in every part of a company's short - and long-term strategies.
"It will also hugely increase the bond to our partner sites, a vital side to blur's overall continued growth. blur is architecting 4.0 to match the changing nature of work. Users can start projects any time, anywhere, so they can buy services and blur can execute on the opportunity represented by our addressable $2trn s-commerce market. It's a vital stage to consolidate and further both our own position and the profile of services commerce."
mitzy - 30 Jan 2014 11:04 - 346 of 471
Too volatile for me.
dreamcatcher
- 30 Jan 2014 12:04
- 347 of 471
blur Group using shareholder funds to build barriers to entry
By John Harrington
January 30 2014, 10:11am
The early delivery release of the V4 shows us that blur is using shareholder funds to out-innovate others, raise competitor barriers and maintain its functional lead.
With cash from its recent fund raising under its belt, blur Group (LON:BLUR) is out-innovating others and raising competitor barriers, Panmure Gordon asserts.
In a note following the crowd-sourcing leader's announcement of the early release of a new and improved app for submitting project briefs to the blur business services exchange, the broker concedes that it is still early days in the blur story, but an early start to the transition to version 4.0 of the platform is another sign of the company's ability to execute well.
"From here the journey could take many paths - becoming a platform play and an associate of the ERP [enterprise resource planning] software stack; similarly it could be a BPO [business process outsourcing] of sorts managing the long tail procurement (the serendipity specialist) for large companies, or indeed it could enter co-related vertical markets and continue the current tack," Panmure Gordon speculates.
"With ‘4.0’ all options remain open as blur shows that the twin pillar of (1) customer centric development, and (2) use of technology for competitive barriers is unchanged – nice release guys," the broker continues.
The release of the app, which works as a stand-alone tool and is therefore not tethered to the blur platform, is the first phase of the 2014 road map to deliver a component-based platform architecture.
As Panmure observes, this means investors can expect faster future integration of exciting new functionality and technology).
The shares have virtually tripled in the last year but Panmure Gordon says shareholders should stay on board, and retains its 'hold' rating ahead of forthcoming full-year results in early April.
By John Harrington
January 30 2014, 10:11am
The early delivery release of the V4 shows us that blur is using shareholder funds to out-innovate others, raise competitor barriers and maintain its functional lead.
With cash from its recent fund raising under its belt, blur Group (LON:BLUR) is out-innovating others and raising competitor barriers, Panmure Gordon asserts.
In a note following the crowd-sourcing leader's announcement of the early release of a new and improved app for submitting project briefs to the blur business services exchange, the broker concedes that it is still early days in the blur story, but an early start to the transition to version 4.0 of the platform is another sign of the company's ability to execute well.
"From here the journey could take many paths - becoming a platform play and an associate of the ERP [enterprise resource planning] software stack; similarly it could be a BPO [business process outsourcing] of sorts managing the long tail procurement (the serendipity specialist) for large companies, or indeed it could enter co-related vertical markets and continue the current tack," Panmure Gordon speculates.
"With ‘4.0’ all options remain open as blur shows that the twin pillar of (1) customer centric development, and (2) use of technology for competitive barriers is unchanged – nice release guys," the broker continues.
The release of the app, which works as a stand-alone tool and is therefore not tethered to the blur platform, is the first phase of the 2014 road map to deliver a component-based platform architecture.
As Panmure observes, this means investors can expect faster future integration of exciting new functionality and technology).
The shares have virtually tripled in the last year but Panmure Gordon says shareholders should stay on board, and retains its 'hold' rating ahead of forthcoming full-year results in early April.
mitzy - 05 Feb 2014 14:19 - 348 of 471
Buyers return today.
dreamcatcher
- 12 Feb 2014 07:34
- 349 of 471
New Appointments
RNS
RNS Number : 8462Z
Blur Group PLC
12 February 2014
RNS REACH
12th February 2014
blur Group's Exeter HQ attracts top tier talent to support stellar growth
New hires from companies such as Virgin Media demonstrates readiness to scale globally to meet $2tn s-commerce opportunity
blur Group, the company re-inventing commerce at blurgroup.com, today announced striking successes in talent acquisition and consolidation at its South West headquarters, proving the development of a UK 'Silicon Valley' to be truly achievable as momentum gathers rapidly.
Following the dramatic growth in customers, global reach and projects submitted to the exchange over the past three years blur is delighted to announce a number of new hires and internal promotions. A combination of increasing international s-commerce adoption, first-mover advantage and strategic investment has allowed blur to entice hires from the likes of Virgin Media to key roles in the global teams.
James Porter joins blur Group as Group Financial Controller from previous tenure as Finance Director with Drift Innovation and City Gateway Media, with his 15 years of commercial experience as a chartered accountant making him a clear choice for scaling development of blur Group's finance function.
Alastair Coggins arrives as Product Manager, bringing with him a diverse project-management portfolio that most recently saw him work with Virgin Media. Alastair's key role will see him coordinate tech, UX (user experiences) and businesses-related operations, maximising company efficiency and potential.
Additionally, two new internal promotions to C-Level positions further reinforce the career opportunities available within the multi-award-winning company.
Jon Hogg is promoted from Global Head of Platform to Chief Platform Officer and Dorothy Mead becomes Chief Acquisition Officer, previously Global Head of Marketing.
The new faces are clear testament to the strength of a shared vision, says company founder and CEO Philip Letts: "We are building a great global company by hiring and promoting great people. The spectacular growth in our business has made blur a destination employer. Our staff, new and current, share a vision which is generating a real excitement about working for and with blur.
"The new hires are located at our Exeter HQ. In a further strategic move, all global functions will operate from the Exeter HQ, to ensure and maintain a framework of tightly-synchronised, cross-department productivity. Members of blur based in London at its EMEA commercial hub will shortly be relocating to new offices in Paddington."
-ENDS-
kayha - 12 Feb 2014 10:07 - 350 of 471
LISTEN: Philip Letts, CEO of blur Group, discusses a number of new hires and internal promotions for the Group
Click here to listen
Click here to listen
mcgrath1958 - 19 Feb 2014 12:40 - 351 of 471
'Letts" hope these New Hires work there Magic, one need's Nerves of Steel holing this share recently!!
dreamcatcher
- 25 Feb 2014 16:36
- 352 of 471
UPDATE - blur Group momentum builds as it lands US$3.2mln marketing project
By Ian Lyall
February 25 2014, 10:30am
The win is the latest of several large-value projects submitted across blur's exchanges..
The win is the latest of several large-value projects submitted across blur's exchanges..
---ADDS SHARE PRICE AND BROKER COMMENT---
blur Group (LON:BLUR) has notched up another significant project on its services exchange.
The fast growing group said a global LED (light emitting diode) manufacturer has kicked off a US$3.2mln marketing programme with blur for the manufacturer's 2014 pan-European product launch and roll-out.
It is the latest of several large-value projects submitted across blur's exchanges, the firm added.
Further scope for continuing this momentum is promised in the form of a partnership in Innovators International, a global association with over 50 corporate members, including 3M, Pernod Ricard, The Shekar Group (part of Tata), The Mayo Clinic and Patagonia.
Chief executive Philip Letts said: “blur's platform development and investment in our digital marketing and sales channels continues to show results in an ever-faster adoption of s-commerce globally.
“A high value, long lifetime project kicking off on the exchange such as blur's latest US$3.2mln marketing project increases the predictable and long-term revenue stream enabled by blur's robust platform, designed to support projects of all sizes and values.
“The project news validates the exchange's mainstream potential whilst blur's major new partner is happy to extend the reach of s-commerce to some well-known names in new markets and regions - one step closer to realising blur's potential US$2tn addressable market."
Broker N+1 Singer reckons the recent weakness in the shares means now is an "attractive entry point" for investors.
It notes the shares are still up 210% in the last 12 months and blur remains well positioned to disrupt the US$2tn business services market.
The group has grown dramatically in its first years as a public company, analyst Tintin Stormont notes, from projects submitted totalling around us$18mln at its initial public offering (IPO) to around US$163mln today.
"The group continues to make investments in terms of technology, people, and infrastructure to build on its first mover advantage."
Blur shares rose 5.46% on Tuesday to stand at 482.5p.
By Ian Lyall
February 25 2014, 10:30am
The win is the latest of several large-value projects submitted across blur's exchanges..
The win is the latest of several large-value projects submitted across blur's exchanges..
---ADDS SHARE PRICE AND BROKER COMMENT---
blur Group (LON:BLUR) has notched up another significant project on its services exchange.
The fast growing group said a global LED (light emitting diode) manufacturer has kicked off a US$3.2mln marketing programme with blur for the manufacturer's 2014 pan-European product launch and roll-out.
It is the latest of several large-value projects submitted across blur's exchanges, the firm added.
Further scope for continuing this momentum is promised in the form of a partnership in Innovators International, a global association with over 50 corporate members, including 3M, Pernod Ricard, The Shekar Group (part of Tata), The Mayo Clinic and Patagonia.
Chief executive Philip Letts said: “blur's platform development and investment in our digital marketing and sales channels continues to show results in an ever-faster adoption of s-commerce globally.
“A high value, long lifetime project kicking off on the exchange such as blur's latest US$3.2mln marketing project increases the predictable and long-term revenue stream enabled by blur's robust platform, designed to support projects of all sizes and values.
“The project news validates the exchange's mainstream potential whilst blur's major new partner is happy to extend the reach of s-commerce to some well-known names in new markets and regions - one step closer to realising blur's potential US$2tn addressable market."
Broker N+1 Singer reckons the recent weakness in the shares means now is an "attractive entry point" for investors.
It notes the shares are still up 210% in the last 12 months and blur remains well positioned to disrupt the US$2tn business services market.
The group has grown dramatically in its first years as a public company, analyst Tintin Stormont notes, from projects submitted totalling around us$18mln at its initial public offering (IPO) to around US$163mln today.
"The group continues to make investments in terms of technology, people, and infrastructure to build on its first mover advantage."
Blur shares rose 5.46% on Tuesday to stand at 482.5p.
kayha - 27 Feb 2014 09:59 - 353 of 471
LISTEN: Philip Letts, CEO of blur Group, provides an update on the company's s-commerce platform
Click here to listen
Click here to listen
dreamcatcher
- 27 Feb 2014 16:31
- 354 of 471
blur Group previews new online platform ahead of launch
By Jamie Ashcroft
February 27 2014, 9:12am
'blur is changing the way business buys and sells services,” Letts says
"blur is changing the way business buys and sells services,” Letts says
Blur Group (LON:BLUR) has provided some of its users a preview of blur 4.0, its new online services exchange platform.
The AIM quoted firm said the new platform is designed to be responsive and reactive for easy browsing on any device, and it is expected to encourage the conversion of adverts into project awards.
Tens of thousands of users have been given the opportunity to use the new platform so that they can provide blur with feedback.
"blur 4.0 is the most significant release we've made since launching the first version of the trading platform. Each year we increase robustness, usability and with 4.0 we're driving towards a scalable solution for the enterprise,” chief executive Philip Letts said.
“With nearly 40,000 businesses worldwide using the platform, allowing instant feedback means we know just how closely we've delivered
By Jamie Ashcroft
February 27 2014, 9:12am
'blur is changing the way business buys and sells services,” Letts says
"blur is changing the way business buys and sells services,” Letts says
Blur Group (LON:BLUR) has provided some of its users a preview of blur 4.0, its new online services exchange platform.
The AIM quoted firm said the new platform is designed to be responsive and reactive for easy browsing on any device, and it is expected to encourage the conversion of adverts into project awards.
Tens of thousands of users have been given the opportunity to use the new platform so that they can provide blur with feedback.
"blur 4.0 is the most significant release we've made since launching the first version of the trading platform. Each year we increase robustness, usability and with 4.0 we're driving towards a scalable solution for the enterprise,” chief executive Philip Letts said.
“With nearly 40,000 businesses worldwide using the platform, allowing instant feedback means we know just how closely we've delivered
Greyhound - 05 Mar 2014 17:21 - 355 of 471
Stronger performance today to buck the recent trend.
BAYLIS
- 06 Mar 2014 11:16
- 356 of 471
in at 450p
dreamcatcher
- 17 Mar 2014 16:34
- 357 of 471
Two major new categories: Video and HR Services
RNS
RNS Number : 4286C
Blur Group PLC
17 March 2014
17th March 2014
RNS Reach
blur Group plc
("blur," the "Group" or the "Company")
blur brings s-commerce to Video and HR sectors
Two major new categories are announced to further disrupt traditional players
blur Group plc (BLUR), the s-commerce company, announced today two new categories on its Global Services Exchange for Video and HR Services, moving into areas which are currently the domain of the very large service providers.
Video Services will launch for both experts and customers when blur 4.0 goes live in April: it builds on the success of video projects which currently are briefed via blur's Design and Marketing categories, with a large number of expert providers already on the Exchange. These services will now extend to include all forms of broadcast production as well as the current content videos which form an increasingly important element of companies' content and communication strategies. This move is also designed to disrupt the last bastion of the global ad agencies as TV advertising becomes available through the s-commerce platform.
HR Services will offer three main project types: Executive Search and Selection; Training and Development; and Benefits and Remuneration planning. For Search and Selection projects, companies will now be able to brief outside the traditional headhunters making the process more competitive and opening up the long tail of providers. blur will follow its established launch process for a brand new category, by building its expert crowd of HR providers globally and launching for projects when critical mass is reached. This approach has seen it rapidly build 8 successful verticals to date. HR experts can start to sign up with the launch of 4.0 and it will be open for projects later in the year.
Offering these services also extends the reach of blur Group across the enterprise, with the Chief People Officer now joining other C-level executives who see increasing value, efficiency and quality from using s-commerce. It also provides opportunities for a new set of expert service providers globally who can benefit from the new business the Exchange is already offering to nearly 40,000 service providers.
With the Video Services category globally forecast to be worth $12bn for video ad spend alone and HR Services $53.4bn in 2017, these two categories provide additional market share for s-commerce from the $2tn+ global services market, following blur's success in marketing, creative, technology and professional services.
Philip Letts, blur Group CEO, said:
"Video has always been a popular project on the Exchange; driven by an incredible array of expert providers around the globe who are able to be more competitive by working directly through the platform. However we recognized that these providers could deliver on the full gamut of production and further disrupt the older style network agencies. We saw a similar opportunity for disruption with HR Services: a huge potential market with many companies looking for outside expertise and support. And for expert search and selection, it's another segment that has been characterized by a small number of very large providers, whereas better expertise often exists outside this. So we look forward to seeing those large providers join the Exchange and compete on a level playing field for new business."
Ends
dreamcatcher
- 20 Mar 2014 07:13
- 358 of 471
$15 million project
RNS
RNS Number : 7356C
Blur Group PLC
20 March 2014
Date 20th March 2014
blur Group plc
("blur," the "Group" or the "Company")
$15 million legal project has kicked off on the Exchange
Biggest s-commerce project to date
blur Group plc (BLUR), the s-commerce company, has kicked off the next phase of a legal project with gross revenue value of $15 million.
This is the latest and largest high-value project submitted to the Exchange. Since the threshold for newly submitted projects rose to $5m+ in August 2013 there has been an increasing number of projects of significant scale, endorsing the adoption of s-commerce for high-end, complex service delivery.
The customer is using the Exchange as the foundation for their sourcing strategy to multiple services categories and experts. The complex scope and strategy of the project reinforces the unique ability of blur Group's s-commerce model to manage and deliver large projects over longer durations. In this instance the scoping and pitching stages involved a range of service providers who then carry forward through project planning and kick-off. The project was originally submitted in 2013 and multiple delivery milestones have been identified as part of this process, with blur Group recognizing revenue at these points through the lifecycle.
Philip Letts, blur Group CEO, said,
"This project has huge significance for blur Group and for the growth of s-commerce. Our success centres around our pioneering s-commerce technology and the size and complexity of this project further endorses the enterprise strength of the platform. There's almost no limit to the size or scale of projects we can take on."
Ends
dreamcatcher
- 17 Apr 2014 07:10
- 359 of 471
dreamcatcher
- 17 Apr 2014 07:12
- 360 of 471
cynic
- 17 Apr 2014 10:16
- 361 of 471
like wandisco in recent weeks, blur has clearly blotted its copybook rather badly
mitzy - 17 Apr 2014 10:23 - 362 of 471
I'm staying clear of this one.
Greyhound - 17 Apr 2014 14:32 - 363 of 471
I've sold remaining holdings too, out. Fortunately still made a profit but foolhardy not to sell more in the heady 800p days!
dreamcatcher
- 17 Apr 2014 17:25
- 364 of 471
Just keeping the thread up to date out of interest. Happy Easter all. :-))
doodlebug4 - 18 Apr 2014 10:58 - 365 of 471
Happy Easter dreamcatcher and everyone. There's an article in The Times today about the contents and reaction to yesterdays RNS.
dreamcatcher
- 18 Apr 2014 16:30
- 366 of 471
Cheers doodlebug4. :-))
dreamcatcher
- 18 Apr 2014 18:41
- 367 of 471
The Easter eggs will not taste quite the same for entrepreneur Philip Letts after he saw a cool £26million wiped off the value of his 47.6 per cent stake in blur, the AIM-listed global technology group he founded.
The shares crashed 41 per cent before closing 172.5p down at 280p, after publication of its full-year results for 2013 were delayed until May 20, rather than in early April as analysts had expected.
That was accompanied by worrying news that the board has changed guidance on revenues and revenue recognition.
Shares: Philip Letts saw a cool £26million wiped off the value of his 47.6 per cent stake in blur.
Letts sold 900,000 shares at £4 a pop in October, trousering £3.6million. He must wish he had sold more.
Gross revenues for 2013 are now indicated at up to £3.3million, against analysts’ forecasts of around £6million.
Full-year revenue expectations have had to be lowered because of delayed revenue recognition on several project bookings in 2013, which will now be recognised in the current financial year and beyond.
Analyst Robin Speakman at Shore Capital says his core concern is that revenue recognition has not matched cash flows.
He has pulled his forecasts and recommendation from consensus for blur and expects to make major changes in due course, possibly further deferring the timing of the inflection point of profitability and cash generation to a material degree.
He believes blur still has an interesting and potentially attractive business model that may yet dominate the services procurement space.
But the hyperbole of market penetration announcements must be matched by delivery to clients and investors alike.
With technology stocks both at home and in the US in a neurotic state, blur could not have chosen a worse time to put serious doubts in analysts’ and investors’ minds.
http://www.dailymail.co.uk/money/article-2607225/MARKET-REPORT-Philip-Letts-faces-bleak-Easter-shares-Blur-Group-tumble-delayed-release-revenue.html
The shares crashed 41 per cent before closing 172.5p down at 280p, after publication of its full-year results for 2013 were delayed until May 20, rather than in early April as analysts had expected.
That was accompanied by worrying news that the board has changed guidance on revenues and revenue recognition.
Shares: Philip Letts saw a cool £26million wiped off the value of his 47.6 per cent stake in blur.
Letts sold 900,000 shares at £4 a pop in October, trousering £3.6million. He must wish he had sold more.
Gross revenues for 2013 are now indicated at up to £3.3million, against analysts’ forecasts of around £6million.
Full-year revenue expectations have had to be lowered because of delayed revenue recognition on several project bookings in 2013, which will now be recognised in the current financial year and beyond.
Analyst Robin Speakman at Shore Capital says his core concern is that revenue recognition has not matched cash flows.
He has pulled his forecasts and recommendation from consensus for blur and expects to make major changes in due course, possibly further deferring the timing of the inflection point of profitability and cash generation to a material degree.
He believes blur still has an interesting and potentially attractive business model that may yet dominate the services procurement space.
But the hyperbole of market penetration announcements must be matched by delivery to clients and investors alike.
With technology stocks both at home and in the US in a neurotic state, blur could not have chosen a worse time to put serious doubts in analysts’ and investors’ minds.
http://www.dailymail.co.uk/money/article-2607225/MARKET-REPORT-Philip-Letts-faces-bleak-Easter-shares-Blur-Group-tumble-delayed-release-revenue.html
mitzy - 22 Apr 2014 15:22 - 368 of 471
Continues to fall.
dreamcatcher
- 22 Apr 2014 17:54
- 369 of 471
blur Group building foundation for future revenue, says Liberum
By Giles Gwinnett
April 22 2014, 11:10am
Following last week's trading update, the broker has cut its full year 2013 revenue forecast by 42% to $5.4mln but keeps its 2014 revenues unchanged at $24.4mln
The increasing size and value of project's being managed on blur Group's (LON:BLUR) global exchange changes how the firm's revenues are recognised, notes broker Liberum, which rates the shares a 'buy'.
Following last week's trading update, the broker has cut its full year 2013 revenue forecast by 42% to $5.4mln but keeps its 2014 revenues unchanged at $24.4mln.
Since the second half of last year, multi-million dollar, longer time frame projects have started on the exchange, resulting in extended periods between project submission, kick-off and completion.
"Whilst earlier projects were small and would typically complete within a few months, the exchange has recently seen numerous projects in the $1m to $16m range which in some cases are expected to take over two years to complete," highlights analyst Janardan Menon.
The smaller projects required a 50% cash payment upfront but these initial payments are smaller for larger projects and further payments are milestone based, said the analyst.
As an example, blur in 2013 saw total bookings of projects starting valued at $22.2mln. But only about $5.4mln will be actually recognised as revenue in 2013 due to the delayed recognition of the rest of the revenue.
The remaining $16.8mln is expected to be recognised in 2014, 2015 and 2016.
The change in revenue recognition policy is a result of the growing complexity and duration ( greater than 2 yrs) of the very large projects being submitted.
"It suppresses near term revenue growth but builds a foundation of revenue for future years. The underlying growth rate remains solid and usage by major corporates is increasing," says Liberum, which also cuts the price target to 600p from 700p based on a lower multiple of six times for enterprise value -to - sales ratio.
Shares dipped today 8.93% to stand at 255p each.
By Giles Gwinnett
April 22 2014, 11:10am
Following last week's trading update, the broker has cut its full year 2013 revenue forecast by 42% to $5.4mln but keeps its 2014 revenues unchanged at $24.4mln
The increasing size and value of project's being managed on blur Group's (LON:BLUR) global exchange changes how the firm's revenues are recognised, notes broker Liberum, which rates the shares a 'buy'.
Following last week's trading update, the broker has cut its full year 2013 revenue forecast by 42% to $5.4mln but keeps its 2014 revenues unchanged at $24.4mln.
Since the second half of last year, multi-million dollar, longer time frame projects have started on the exchange, resulting in extended periods between project submission, kick-off and completion.
"Whilst earlier projects were small and would typically complete within a few months, the exchange has recently seen numerous projects in the $1m to $16m range which in some cases are expected to take over two years to complete," highlights analyst Janardan Menon.
The smaller projects required a 50% cash payment upfront but these initial payments are smaller for larger projects and further payments are milestone based, said the analyst.
As an example, blur in 2013 saw total bookings of projects starting valued at $22.2mln. But only about $5.4mln will be actually recognised as revenue in 2013 due to the delayed recognition of the rest of the revenue.
The remaining $16.8mln is expected to be recognised in 2014, 2015 and 2016.
The change in revenue recognition policy is a result of the growing complexity and duration ( greater than 2 yrs) of the very large projects being submitted.
"It suppresses near term revenue growth but builds a foundation of revenue for future years. The underlying growth rate remains solid and usage by major corporates is increasing," says Liberum, which also cuts the price target to 600p from 700p based on a lower multiple of six times for enterprise value -to - sales ratio.
Shares dipped today 8.93% to stand at 255p each.
dreamcatcher
- 07 May 2014 16:16
- 370 of 471
A mini recovery on the way, a couple of good rises in the last few days.
mcgrath1958 - 07 May 2014 16:41 - 371 of 471
Nice to see DC, especially as the Seller's catching up with the Buy's, and the Price held well still, hopefully a good sign! Slowly and surely better than that rush to the Stars we saw earlier this year!!
mitzy - 12 May 2014 08:49 - 372 of 471
Off 25% get out now.
required field - 12 May 2014 09:32 - 373 of 471
Not in.....what do they do ?...it's an online yellow pages...we put you in touch with people who do the work for you....on a global scale...might be alright if you live in remote parts of the world.....trouble is...no profit probably for years and years for this company....
cynic
- 12 May 2014 11:09
- 374 of 471
read the trading update ...... basically the company stinks for all sorts of reasons
required field - 12 May 2014 11:12 - 375 of 471
Boy...do I regret not shorting it...might be too late to do so...
cynic
- 12 May 2014 11:15
- 376 of 471
it's got a 15p spread and MM only
MM's only offering tranches of 2,000
MM's only offering tranches of 2,000
required field - 12 May 2014 11:16 - 377 of 471
sorry wrong thread what I just put...job to short Blur now...
required field - 12 May 2014 11:33 - 378 of 471
Check out Earthport (EPO)...now that is promising....
mitzy - 12 May 2014 13:04 - 379 of 471
50p would still be expensive imo.
dreamcatcher
- 12 May 2014 19:48
- 380 of 471
Full-year results are due next, 20 May , so may take another bashing ? And a not to distant cash call on the horizon, dilution not good.
black bird - 13 May 2014 20:43 - 381 of 471
never had them don't want them,saw through the fog
required field - 14 May 2014 21:12 - 382 of 471
Let it settle....and it might do what Blinkx is doing and rebound...might take a few weeks ....and the spread is quite wide...
mitzy - 22 May 2014 10:31 - 383 of 471
100p looming.
dreamcatcher
- 22 May 2014 18:47
- 384 of 471
818.50 its high.
dreamcatcher
- 23 May 2014 07:08
- 385 of 471
Proposed Placing and Open Offer
RNS
RNS Number : 8756H
Blur Group PLC
23 May 2014
blur Group Plc
("blur Group" or the "Company")
Proposed Placing and Open Offer
and
Notice of General Meeting
blur Group plc (BLUR), a business services marketplace in the cloud at blurgroup.com, is pleased to announce that it has conditionally raised approximately $20.0 million (£11.9 million) (before expenses) through the issue of 15,873,015 New Ordinary Shares by way of a Placing at 75 pence per New Ordinary Share and up to a further $2.0 million (£1.2 million) through the issue of up to 1,587,314 New Ordinary Shares by way of an Open Offer at 75 pence per New Ordinary Share. N+1 Singer is acting as nominated adviser and broker to the Company in connection with the Issue.
The net proceeds of the Placing will be used to accelerate growth through investment in sales, technology, marketing and customer services and for working capital purposes to strengthen the balance sheet. It is the intention that any proceeds received by way of the Open Offer will be used for general working capital purposes.
The Placing Shares will represent approximately 37 per cent. of the enlarged issued share capital of the Company. The Placing Price represents a discount of 28.9 per cent. to the Closing Price of 105.5 pence per Ordinary Share as at 22 May 2014 (being the latest practicable date prior to the date of this announcement).
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on LSE AIM. On the assumption that, inter alia, the Resolutions are passed, it is expected that admission of the New Ordinary Shares will become effective on or around 11 June 2014.
The Placing is conditional on, inter alia, the passing of the Resolutions at the General Meeting, including a special resolution which will give the Directors the required authority to disapply statutory pre-emption rights in respect of the allotment of the Placing Shares.
A General Meeting of the Company will be held at 12.00 p.m. on 10 June 2014 at the offices of blur Group plc, Eagle House, 1 Babbage Way, Exeter Science Park, Clyst Honiton, Exeter, Devon EX5 2FN.
Philip Letts, blur Group CEO, said:
"The support of our shareholders and new investors provides us with the funds to invest in areas which we believe will be the key drivers for future profitability, being sales, technology, marketing and customer services. The continued increase in bookings in 2013 and into 2014 illustrates our first mover advantage in the emerging services-commerce market, and underpins a stronger financial position in the long term. With 45,000 businesses on our Global Services Exchange, from 145 countries worldwide, we believe we have the foundation from which to build a world leading global technology company, addressing a significant market opportunity. We look to the future with confidence."
Copies of the circular, which will be posted to shareholders later today, will shortly be available on the Company's website (www.blurgroup.com) and will also be available at the Company's office at Eagle House, 1 Babbage Way, Exeter Science Park, Clyst Honiton, Exeter, Devon EX5 2FN.
Capitalised terms used in this announcement have the meanings given to them in the circular.
RNS
RNS Number : 8756H
Blur Group PLC
23 May 2014
blur Group Plc
("blur Group" or the "Company")
Proposed Placing and Open Offer
and
Notice of General Meeting
blur Group plc (BLUR), a business services marketplace in the cloud at blurgroup.com, is pleased to announce that it has conditionally raised approximately $20.0 million (£11.9 million) (before expenses) through the issue of 15,873,015 New Ordinary Shares by way of a Placing at 75 pence per New Ordinary Share and up to a further $2.0 million (£1.2 million) through the issue of up to 1,587,314 New Ordinary Shares by way of an Open Offer at 75 pence per New Ordinary Share. N+1 Singer is acting as nominated adviser and broker to the Company in connection with the Issue.
The net proceeds of the Placing will be used to accelerate growth through investment in sales, technology, marketing and customer services and for working capital purposes to strengthen the balance sheet. It is the intention that any proceeds received by way of the Open Offer will be used for general working capital purposes.
The Placing Shares will represent approximately 37 per cent. of the enlarged issued share capital of the Company. The Placing Price represents a discount of 28.9 per cent. to the Closing Price of 105.5 pence per Ordinary Share as at 22 May 2014 (being the latest practicable date prior to the date of this announcement).
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on LSE AIM. On the assumption that, inter alia, the Resolutions are passed, it is expected that admission of the New Ordinary Shares will become effective on or around 11 June 2014.
The Placing is conditional on, inter alia, the passing of the Resolutions at the General Meeting, including a special resolution which will give the Directors the required authority to disapply statutory pre-emption rights in respect of the allotment of the Placing Shares.
A General Meeting of the Company will be held at 12.00 p.m. on 10 June 2014 at the offices of blur Group plc, Eagle House, 1 Babbage Way, Exeter Science Park, Clyst Honiton, Exeter, Devon EX5 2FN.
Philip Letts, blur Group CEO, said:
"The support of our shareholders and new investors provides us with the funds to invest in areas which we believe will be the key drivers for future profitability, being sales, technology, marketing and customer services. The continued increase in bookings in 2013 and into 2014 illustrates our first mover advantage in the emerging services-commerce market, and underpins a stronger financial position in the long term. With 45,000 businesses on our Global Services Exchange, from 145 countries worldwide, we believe we have the foundation from which to build a world leading global technology company, addressing a significant market opportunity. We look to the future with confidence."
Copies of the circular, which will be posted to shareholders later today, will shortly be available on the Company's website (www.blurgroup.com) and will also be available at the Company's office at Eagle House, 1 Babbage Way, Exeter Science Park, Clyst Honiton, Exeter, Devon EX5 2FN.
Capitalised terms used in this announcement have the meanings given to them in the circular.
dreamcatcher
- 23 May 2014 07:16
- 386 of 471
Final Results
RNS
RNS Number : 8764H
Blur Group PLC
23 May 2014
May 23, 2014
blur Group plc
("blur," the "Group" or the "Company")
Final Results
blur Group plc (BLUR), a business services marketplace in the cloud at blurgroup.com, is pleased to announce audited final results for the year ended 31 December 2013.
Operational Highlights
● Creation of global HQ in Exeter, UK supported by regional sales offices in US and London, UK
● Launch of blur 3.0 - multiple enhancements made to trading platforms including the re-architecture of the platform to support high volumes of briefs, projects, partners, experts and customers
● Project bands on the Global Services Exchange increased to receive projects of over $1m in Q1, rising again to $5m in Q3 2013
● In 2013, 2,086 new briefs were submitted, 169% up on 2012
● Successful share placing conducted in June 2013, raising $11.97m (£7.62m) before expenses
Financial Highlights
● Total project booking intake1 increased by $19.8m to $22.2m (2012 $2.4m)
● Revenue increased by 70.1% to $4.78m (2012 $2.81m)
● Gross profit increased by 58.9% to $1.16m (2012 $0.73m)
● LBITDA2 increased to $6.37m (2012 $1.81m)
● Cash balance as at 31 December 2013 of $9.56m (2012 $4.45m)
1The total bookings intake represents the project values (excluding listing fees) as agreed and confirmed by the customer in the year. It is used to measure the total expected revenue to be recognized over the life cycle of these projects and can include a proportion that is contingent, with revenues being recognized in the current and future periods, either over timelines or upon milestones being achieved. This booking value may change over time due to the scale, contingent elements and complexity of projects.
2 LBITDA is loss before interest, tax, depreciation and amortization.
Post Year End Highlights
● Proposed capital raising to raise approximately $20 million by way of a placing, and up to an additional $2 million through an open offer, to continue growth through investment in sales, technology, marketing and customer services, strengthen the Balance Sheet and take the Company through to profitability
Philip Letts, blur Group CEO, said:
"Our goal in 2014 is to firmly establish blur Group in the enterprise space, delivering consistently on a higher volume of projects. We will continue to attract and deliver for the small business at scale and increasingly cost effectively. Developments in our technology platform, embedded in our blur 4.0 launch, will deliver true enterprise levels of scalability and automation. We believe this move will provide organizations with the confidence to use what we call 'services-commerce' to source every aspect of the long-tail of their services procurement.
"We made good progress in 2013, but I strongly believe that we have only scratched the surface. We are confident that we are at the cusp of major, profitable growth as the benefits of s-commerce are experienced and understood by our markets. I look forward with confidence into 2014 and beyond."
mitzy - 23 May 2014 08:09 - 387 of 471
Sell while u can.
target 40p.
target 40p.
cynic
- 23 May 2014 08:10
- 388 of 471
makes WAND look like a stellar performer
required field - 23 May 2014 09:32 - 389 of 471
And this was £8 plus at one time....
panto - 23 May 2014 10:10 - 390 of 471
Took a punt at 81.95p, not far away from the 75p open offer, already X today
maybe is going to be a long wait due to the Placing open offer.
maybe is going to be a long wait due to the Placing open offer.
cynic
- 23 May 2014 10:56
- 391 of 471
not like you to piss against the wind
required field - 23 May 2014 11:08 - 392 of 471
I fear 60p is coming first....
panto - 23 May 2014 14:21 - 393 of 471
cynic
RE - not like you to piss against the wind
THERE WAS NO WIND AT THE TIME
SO I ALMOST DONE IT ON MY SHOES
But now the wind has change and taking a forward direction and already at 85p middle
maybe after all I will not have to wait to long.
You should by know about my timing
RE - not like you to piss against the wind
THERE WAS NO WIND AT THE TIME
SO I ALMOST DONE IT ON MY SHOES
But now the wind has change and taking a forward direction and already at 85p middle
maybe after all I will not have to wait to long.
You should by know about my timing
panto - 23 May 2014 15:08 - 394 of 471
Director buying and paying 90p ........
David Sherriff, Non Executive Director, bought 44,100 shares in the company on the 23rd May 2014 at a price of 90.00p. The Director now holds 44,100 shares.
David Sherriff, Non Executive Director, bought 44,100 shares in the company on the 23rd May 2014 at a price of 90.00p. The Director now holds 44,100 shares.
Greyhound - 23 May 2014 16:52 - 395 of 471
I may be tempted to come back in at some point but only at the same price as the big boys, ie. 75p.
cynic
- 23 May 2014 17:01
- 396 of 471
chuckle! ..... 81 to 85 won't make you many beans, but better up than down
panto - 23 May 2014 17:21 - 397 of 471
do not be cheeky
do I have to repeat you that Rome was not build on one day
2nd today
Directors buying
The Company has also been notified today that on 23 May 2014, Robert Brooksbank, Non-Executive Director of the Company, bought 69,000 Ordinary Shares at a price of 85 pence per share.
do I have to repeat you that Rome was not build on one day
2nd today
Directors buying
The Company has also been notified today that on 23 May 2014, Robert Brooksbank, Non-Executive Director of the Company, bought 69,000 Ordinary Shares at a price of 85 pence per share.
cynic
- 23 May 2014 17:58
- 398 of 471
i steer away from this one, because i really don't like MM-only stocks, and worse still, it really only trades (as far as i can make out) on 4 specific times a day
js8106455 - 27 May 2014 12:32 - 399 of 471
Watch: blur Groups (blur)
Missed the live results webcast streamed on Fri? Click the link below for the replay version
Click here to watch
Missed the live results webcast streamed on Fri? Click the link below for the replay version
Click here to watch
panto - 27 May 2014 15:40 - 400 of 471
Do I see going up, not here naturally but other places showing UP on the day by now 87p +2p
Claret Dragon
- 27 May 2014 16:30
- 401 of 471
Back to the IPO offer give or take
Based on fundamentals, what is a fair price, as I am clueless?
Based on fundamentals, what is a fair price, as I am clueless?
Chris Carson
- 27 May 2014 22:51
- 402 of 471
Jack shit re price seems fair!
panto - 28 May 2014 09:59 - 403 of 471
Some may not like it and others have no reason to rubish the stock just because do not undertand the business but must butt it in. ( find any other excuse )
oh well is another penny up
I just go with the trend and trying to make some money ( pretty good lately )
oh well is another penny up
I just go with the trend and trying to make some money ( pretty good lately )
cynic
- 28 May 2014 10:14
- 404 of 471
panto - you're certainly pretty good (a lot of the time!) at picking stocks that are due for momentum upside correction ..... however, that does not necessarily mean that they will be winners longer term, as may well be the case here
Claret Dragon
- 28 May 2014 10:37
- 405 of 471
What is the current PE of this company.
Anyone have an insight.
Anyone have an insight.
HARRYCAT
- 28 May 2014 10:56
- 406 of 471
87.5p ÷ 5.5p? (EPS to dec 2014 is forecast approx 5.5p)
panto - 28 May 2014 11:45 - 407 of 471
re - long term
Do I see any good reason to steer away -long term - from your post below
you are falling on your ..... " piss against the wind "
cynic - 23 May 2014 17:58 - 398 of 406
i steer away from this one, because i really don't like MM-only stocks, and worse still, it really only trades (as far as i can make out) on 4 specific times a day
Do I see any good reason to steer away -long term - from your post below
you are falling on your ..... " piss against the wind "
cynic - 23 May 2014 17:58 - 398 of 406
i steer away from this one, because i really don't like MM-only stocks, and worse still, it really only trades (as far as i can make out) on 4 specific times a day
Claret Dragon
- 28 May 2014 13:07
- 408 of 471
This business has got me puzzled.
Is it a glorified Yell?
Is it a glorified Yell?
dreamcatcher
- 28 May 2014 13:17
- 409 of 471
Claret Dragon
- 28 May 2014 13:58
- 410 of 471
DC
Good Pitch.
All services offered are available without using third party such as Blur.
I wont be selling my Company services on this site at 20% net of VAT.
Would I invest? No
Model can easily be copied and with lower costs.
Good Pitch.
All services offered are available without using third party such as Blur.
I wont be selling my Company services on this site at 20% net of VAT.
Would I invest? No
Model can easily be copied and with lower costs.
required field - 28 May 2014 14:05 - 411 of 471
That's what I've been saying : it's an online yellow pages.....this is good if you live in a remote part of the world...otherwise..can't see the point of it...
dreamcatcher
- 28 May 2014 14:05
- 412 of 471
Agree CD I would not invest now having an insight into the figures the company has released, but early on a very good sp growth company and very much one to have invested in, with the sp rising from a couple of quid to over £8.
mcgrath1958 - 28 May 2014 15:45 - 413 of 471
Have to agree DC on above comment! Out at 1.90, took a hit, should have bailed out sooner, highsight a wonderful thing! When it crep back to 3 pound, look liked going back slowly until that 2nd profit warning hit out off the Blue! I won't but into this again! Too much Damage done with reputation now! Be a long slow rise!
dreamcatcher
- 28 May 2014 15:48
- 414 of 471
Come on McGrath1958 find us the next WANDisco. :-))
mcgrath1958 - 28 May 2014 16:27 - 415 of 471
I wish i could DC !! Been watching LPH climbing recently though !
dreamcatcher
- 28 May 2014 18:17
- 416 of 471
lol
panto - 30 May 2014 12:10 - 417 of 471
Still going strong at 89p now,
certainly no rush to push the share up fast
not with this type of volume
certainly no rush to push the share up fast
not with this type of volume
panto - 30 May 2014 15:21 - 418 of 471
but yes with this volume
a 85K buy has given the stock a push alright now 95.50p +7.50p
a 85K buy has given the stock a push alright now 95.50p +7.50p
panto - 02 Jun 2014 08:53 - 419 of 471
Going great guns this morning up to 100p
panto - 04 Jun 2014 11:41 - 420 of 471
Not able to break and stay above 100p has attracted the sellers
sold for a 19% profit on 12 days
sold for a 19% profit on 12 days
dreamcatcher
- 06 Jun 2014 17:07
- 421 of 471
Big faller today.
panto - 09 Jun 2014 12:37 - 422 of 471
Bought back at 91.65p
Last Friday large drop was a MMs plot for the share price reach the maximum 78.6% Fibonacci retracement.
this morning buyers are back and by the look of the Level 2 is ready to go soon
Last Friday large drop was a MMs plot for the share price reach the maximum 78.6% Fibonacci retracement.
this morning buyers are back and by the look of the Level 2 is ready to go soon
panto - 09 Jun 2014 12:55 - 423 of 471
How she have been performing for the last few days
dreamcatcher
- 10 Jun 2014 07:09
- 424 of 471
Result of Open Offer
RNS
RNS Number : 2077J
Blur Group PLC
10 June 2014
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY NEW ORDINARY SHARES, NOR SHALL IT (OR ANY PART OF IT), OR THE FACT OF ITS DISTRIBUTION, FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH OR ACT AS ANY INDUCEMENT TO ENTER INTO, ANY CONTRACT OR COMMITMENT WHATSOEVER WITH RESPECT TO THE PROPOSED PLACING AND OPEN OFFER OR OTHERWISE.
blur Group Plc
("blur Group" or the "Company")
Result of Open Offer
On 23 May 2014 blur Group plc (AIM:BLUR), operator of the business services marketplace at blurgroup.com, announced that it had conditionally raised approximately $20.0 million (£11.9 million) (before expenses) through the issue of 15,873,015 new Ordinary Shares by way of a placing at a price of 75 pence per new Ordinary Share ("Placing") and up to a further $2.0 million (£1.2 million) through the issue of up to 1,587,314 new Ordinary Shares by way of an open offer to qualifying shareholders on the basis of 3 open offer shares for every 56 existing ordinary shares, at a price of 75 pence per new Ordinary Share ("Open Offer").
The Company is pleased to announce the result of the Open Offer which closed for acceptances at 12.00 p.m. on 9 June 2014. Valid acceptances including excess applications have been received in respect of 2,645,506 Open Offer Shares, representing a total of approximately 166.7 per cent. of those Open Offer Shares available under the Open Offer and as such the Open Offer has been oversubscribed.
All valid applications in respect of basic entitlements under the Open Offer have been met in full and a scaling back exercise on a pro rata basis to existing holdings has been undertaken in respect of applications for Excess Shares. The Company has therefore raised gross proceeds of $2.0 million (£1.2 million) through the Open Offer and $22.0 million (£13.1 million) in total.
The Placing and Open Offer remain conditional on, inter alia, the passing of the Resolutions at the General Meeting to be held at 12.00 p.m. on 10 June 2014 at the offices of blur Group plc, Eagle House, 1 Babbage Way, Exeter Science Park, Clyst Honiton, Exeter, Devon EX5 2FN.
This announcement should be read in conjunction with the full text of the circular dated 23 May 2014, published in connection with the Placing and Open Offer and defined terms used in this announcement shall have the same meaning as those terms defined and used in such circular.
Philip Letts, blur Group CEO, said:
"We are delighted by the broad support shown by so many of our shareholders through the Open Offer, including members of the board. These additional funds will provide further working capital to support blur Group in its next stage of growth."
dreamcatcher
- 24 Jun 2014 18:43
- 425 of 471
blur upbeat
StockMarketWire.com
blur Group continued to make significant progress in the first quarter of this year, shareholders at the annual general meeting later today will be told.
Chief executive Philip Letts says the group saw 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.
He will say: ""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.
"Furthermore, the Board are confident that the more prudent accounting and reporting policies and practices implemented following year-end, largely as a response to the increased complexity and duration of enterprise level projects coming through the Exchange, will underpin the future performance of the business. "The board believes that the added investment of $22m from the placing and open offer, together with a strengthened finance function and the planned appointment of a new CFO all based out of our global HQ in Exeter, will enable the company to maximise its market opportunity and support it through to profitability and beyond."
dreamcatcher
- 09 Jul 2014 07:11
- 426 of 471
Trading Update
RNS
RNS Number : 7921L
Blur Group PLC
09 July 2014
blur Group Plc
("blur Group" or the "Company")
blur Group announces first half 2014 project bookings up by over 200%
blur Group (LSE: BLUR), the s-commerce company, today announces project bookings* for the first half of 2014 have increased by more than 200% year-on-year to $16.04m (H1 2013: $5.2m).
Continuing the trend seen in the latter half of 2013, s-commerce is being increasingly adopted by enterprise customers, with Amazon, Solvay, UTI, Menard, Incisive Media, Sabre, and CBRE starting projects in Europe, North and South America and the Middle East during the first half of 2014. All customers are now benefiting from the latest version of blur Group's platform, blur 4.0 which was the major technology release in the first half of the year, and joins nearly 50,000 business buyers and sellers operating on the Exchange.
Key to blur Group's global reach and growth are its partnership programs and the Company is pleased to have partnered with GAIN, an initiative from the University of Plymouth, to bring global opportunities to businesses in the local region in which it has located its head office. blur Group also announced partnerships with AMS and now has a referral partner network of nearly 1,000 organisations worldwide, including larger partners such as Alibaba.
"Launching version 4.0 of blur Group's s-commerce platform was integral to enterprise customers adopting the Exchange," commented Philip Letts, blur Group CEO. "We were particularly pleased to see additional projects from companies including Amazon, Sabre and Canadian Cancer in this period, reinforcing our focus on customer experience and retention."
Claret Dragon
- 16 Jul 2014 11:59
- 427 of 471
Still going South.
cynic
- 16 Jul 2014 12:05
- 428 of 471
a typical rocket and stick company i'm afraid
goldfinger
- 16 Jul 2014 12:39
- 429 of 471
blur Group – ‘a stronger foundation for growth’? Not yet
BY STEVE MOORE | WEDNESDAY 16 JULY 2014
4
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Since my previous update on blur Group (BLUR), the shares have slipped further – to a current 75p. Having at one stage early this year reached almost 800p, some see value at current levels. But is this illusory?
A recent half year “trading update” reported project bookings growth which researcher Edison notes “shows that the flow of business into the exchange continues to gather momentum”. The researcher added that “while preceding events have been a chastening experience, with the balance sheet strengthened and tighter receivables policies, blur is in better shape to grow into the significant opportunity ahead… if blur can continue to grow revenues exponentially for five years beyond the forecast period, the shares would be worth many times the current share price”. Despire this, there appear to be some nagging concerns still to overcome here;
- Edison notes that the 2013 results showed “receivables at $5.5m represent over 100% of reported revenues and the bad debt provision was increased by $644k (13% of sales)”.
- Customers using the platform for larger, more complex projects - “the limited visibility on the conversion rate of bookings to cash collected adds a degree of risk to valuing the projected cash flows”.
- break-even forecasts have been pushed out, cash flow break-even during FY16 though even this is “assuming progress is made on cash collection”.
- the recent fund-raising seeing the group to break even is “assuming the credit control record normalises”.
The facts that faster than expected adoption by large enterprises and that “much more stringent financial controls are being put in place to improve cash collection and ensure compliance with the revised revenue recognition policies” are emphasised to attempt to comfort on the future prospects. However, the market cap of blur is still currently in excess of £35 million. At least until there is tangible evidence of significant improvement in cash collection from "bookings" and that cash-burn is resultantly funded, these are not shares I would want to hold.
- See more at: http://www.shareprophets.advfn.com/views/6597/blur-group-a-stronger-foundation-for-growth-not-yet#sthash.nDhmAq4D.dpuf
BY STEVE MOORE | WEDNESDAY 16 JULY 2014
4
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Since my previous update on blur Group (BLUR), the shares have slipped further – to a current 75p. Having at one stage early this year reached almost 800p, some see value at current levels. But is this illusory?
A recent half year “trading update” reported project bookings growth which researcher Edison notes “shows that the flow of business into the exchange continues to gather momentum”. The researcher added that “while preceding events have been a chastening experience, with the balance sheet strengthened and tighter receivables policies, blur is in better shape to grow into the significant opportunity ahead… if blur can continue to grow revenues exponentially for five years beyond the forecast period, the shares would be worth many times the current share price”. Despire this, there appear to be some nagging concerns still to overcome here;
- Edison notes that the 2013 results showed “receivables at $5.5m represent over 100% of reported revenues and the bad debt provision was increased by $644k (13% of sales)”.
- Customers using the platform for larger, more complex projects - “the limited visibility on the conversion rate of bookings to cash collected adds a degree of risk to valuing the projected cash flows”.
- break-even forecasts have been pushed out, cash flow break-even during FY16 though even this is “assuming progress is made on cash collection”.
- the recent fund-raising seeing the group to break even is “assuming the credit control record normalises”.
The facts that faster than expected adoption by large enterprises and that “much more stringent financial controls are being put in place to improve cash collection and ensure compliance with the revised revenue recognition policies” are emphasised to attempt to comfort on the future prospects. However, the market cap of blur is still currently in excess of £35 million. At least until there is tangible evidence of significant improvement in cash collection from "bookings" and that cash-burn is resultantly funded, these are not shares I would want to hold.
- See more at: http://www.shareprophets.advfn.com/views/6597/blur-group-a-stronger-foundation-for-growth-not-yet#sthash.nDhmAq4D.dpuf
dreamcatcher
- 16 Jul 2014 15:27
- 430 of 471
blur Group signs up first alliance partners
By John Harrington
July 16 2014, 9:00am
Blur said almost 1,000 businesses are currently referral partners, but printed.com and AMS are the first alliance partners
Blur said almost 1,000 businesses are currently referral partners, but printed.com and AMS are the first alliance partners
Services commerce (s-commerce) leader blur Group (LON:BLUR) has unveiled collaborations with digital print firm printed.com and workers’ compensation programmes wholesaler Alternative Market Insurance Services.
The deal puts more than 70,000 printed.com customers and in excess of 2,000 AMS network members in contact with more than 50,000 users of blur Group’s Global Services Exchange.
“The Global Services Exchange is an excellent addition to our existing suite of products and services for North American companies,” said Curtis Prince, director of Sales & Marketing at AMS Programs.
“Our partnership with blur Group gives our network unprecedented access to business services providers around the world,” he added.
Nick Green, founder of UK-based printed.com, said: "The deal allows us to offer s-commerce to our customers and gives them access to thousands of business services providers in addition to our own print services."
The two companies are the first alliance partners in blur’s three-tier partnership programme.
Printing.com and Alternative Market Insurance Services (AMS), being alliance partners, will share the s-commerce platform to extend their offerings in order to meet the business service requirements of their customers.
The other tiers of the partnership programme are: strategic partners, where a company integrates s-commerce with revenue infrastructure to meet strategic business service requirements of their company, and referral partners, where partners earn commission on projects referred to blur Group.
Blur said almost 1,000 businesses are currently referral partners.
Gerry Gross, chief commercial officer at blur Group, said the lift-off of the group’s alliance partnerships programme is indicative of companies taking “a more holistic view” of their customers’ experience.
“Industries as diverse as print and insurance are realising the benefits of s-commerce, its relevance to their customers and the opportunities it creates for growth. AMS and printed.com share a disruptive approach to getting things done; they prize the quality and efficiency buying services online can bring,” Gross said.
By John Harrington
July 16 2014, 9:00am
Blur said almost 1,000 businesses are currently referral partners, but printed.com and AMS are the first alliance partners
Blur said almost 1,000 businesses are currently referral partners, but printed.com and AMS are the first alliance partners
Services commerce (s-commerce) leader blur Group (LON:BLUR) has unveiled collaborations with digital print firm printed.com and workers’ compensation programmes wholesaler Alternative Market Insurance Services.
The deal puts more than 70,000 printed.com customers and in excess of 2,000 AMS network members in contact with more than 50,000 users of blur Group’s Global Services Exchange.
“The Global Services Exchange is an excellent addition to our existing suite of products and services for North American companies,” said Curtis Prince, director of Sales & Marketing at AMS Programs.
“Our partnership with blur Group gives our network unprecedented access to business services providers around the world,” he added.
Nick Green, founder of UK-based printed.com, said: "The deal allows us to offer s-commerce to our customers and gives them access to thousands of business services providers in addition to our own print services."
The two companies are the first alliance partners in blur’s three-tier partnership programme.
Printing.com and Alternative Market Insurance Services (AMS), being alliance partners, will share the s-commerce platform to extend their offerings in order to meet the business service requirements of their customers.
The other tiers of the partnership programme are: strategic partners, where a company integrates s-commerce with revenue infrastructure to meet strategic business service requirements of their company, and referral partners, where partners earn commission on projects referred to blur Group.
Blur said almost 1,000 businesses are currently referral partners.
Gerry Gross, chief commercial officer at blur Group, said the lift-off of the group’s alliance partnerships programme is indicative of companies taking “a more holistic view” of their customers’ experience.
“Industries as diverse as print and insurance are realising the benefits of s-commerce, its relevance to their customers and the opportunities it creates for growth. AMS and printed.com share a disruptive approach to getting things done; they prize the quality and efficiency buying services online can bring,” Gross said.
Claret Dragon
- 22 Jul 2014 12:57
- 431 of 471
Another leg down!!!!!!!
dreamcatcher
- 09 Sep 2014 07:11
- 432 of 471
Unaudited Interim Results
H1 2014 Highlights
● Strong Revenue Growth under conservative Revenue Recognition policies
303% increase in revenue growth over H1 2013 under revised Revenue Recognition policies (detailed later in this statement). The revision has led to H1 2013 revenues being re-stated (H1 2014 represents a 19% increase on FY 2013 revenue)
● Repeat Bookings & Project Value Growth demonstrates continued growth in Exchange usage
Total value of bookings in H1 2014 of $16.04m (H1 2013: $5.2m), partly driven by 170% increase in the value of projects from repeat customers in the period versus H1 2013.
● Operational Leverage emerging
Business growing strongly with same employee numbers as at end of 2013 (78 FTEs) reflecting the efficiency gains from the new blur 4.0 platform and associated business processes.
● Increase in Enterprise customers
New Enterprise customers (over $500m turnover): Regus, Danone, Solvay, Amazon, Sabre and Menard.
● International Customer Expansion
USA and UK lead in number of H1 2014 projects. Projects started from 15 other countries.
● Gross Profit of $1.5m, 27% of Revenue
The business model continues to generate predictable and consistent gross profit. The H1 2014 figures of $1.5m represents 27% of revenue.
● Successful $21m Fundraising
$21m fundraise (net proceeds after costs) in June which funds blur through to profit.
● New Technology Platform, blur 4.0, Launched
New 'mobile first' platform launched to improve the transactional efficiency of the Exchange
http://www.moneyam.com/action/news/showArticle?id=4882041
H1 2014 Highlights
● Strong Revenue Growth under conservative Revenue Recognition policies
303% increase in revenue growth over H1 2013 under revised Revenue Recognition policies (detailed later in this statement). The revision has led to H1 2013 revenues being re-stated (H1 2014 represents a 19% increase on FY 2013 revenue)
● Repeat Bookings & Project Value Growth demonstrates continued growth in Exchange usage
Total value of bookings in H1 2014 of $16.04m (H1 2013: $5.2m), partly driven by 170% increase in the value of projects from repeat customers in the period versus H1 2013.
● Operational Leverage emerging
Business growing strongly with same employee numbers as at end of 2013 (78 FTEs) reflecting the efficiency gains from the new blur 4.0 platform and associated business processes.
● Increase in Enterprise customers
New Enterprise customers (over $500m turnover): Regus, Danone, Solvay, Amazon, Sabre and Menard.
● International Customer Expansion
USA and UK lead in number of H1 2014 projects. Projects started from 15 other countries.
● Gross Profit of $1.5m, 27% of Revenue
The business model continues to generate predictable and consistent gross profit. The H1 2014 figures of $1.5m represents 27% of revenue.
● Successful $21m Fundraising
$21m fundraise (net proceeds after costs) in June which funds blur through to profit.
● New Technology Platform, blur 4.0, Launched
New 'mobile first' platform launched to improve the transactional efficiency of the Exchange
http://www.moneyam.com/action/news/showArticle?id=4882041
dreamcatcher
- 16 Sep 2014 16:45
- 433 of 471
Blur Group: Former Microsoft UK CFO named new finance chief
By Giles Gwinnett
September 16 2014, 8:00am
Stephen Harvey will be based at the s-commerce specialist's headquarters in Exeter, UK
Stephen Harvey will be based at the s-commerce specialist's headquarters in Exeter, UK
A former Microsoft UK chief financial officer (CFO) has been named the new CFO at blur Group (LON:BLUR).
Stephen Harvey will be based at the service-commerce specialist's headquarters in Exeter, UK.
With over 20 years' experience in the software sector, Harvey was CFO of Microsoft UK until 2004.
There, he was part of the team that led them to become the best performing division within Microsoft worldwide.
Harvey has spent the last three years working as a finance chief in Europe, Africa and the Middle East. The plan is that he will join the board in due course.
Barbara Spurrier, who has acted as CFO since February this year will revert to her previous role as director of financial reporting and will be supporting Harvey.
Philip Letts, blur's chief executive, said of Harvey: "He brings with him considerable and broad experience, not just at CFO level but also in commercial and operational activities.
"I believe this combination will make him uniquely capable of helping us manage the company's growth whilst ensuring that we have the right financial systems, protocols and policies in place to deliver on our promise."
Letts added that business was growing and maturing in all aspects: technology, financial, governance, sales and management.
"In a year, we have quadrupled our revenue, trebled our bookings, completed a successful fundraising, kept our costs and headcount controls in line with our plan, and grown customer success through a 170% value increase from repeat customers.
"With the appointment of Stephen I am confident that we now have in place all the elements required to manage our current and future growth and return value to our shareholders."
By Giles Gwinnett
September 16 2014, 8:00am
Stephen Harvey will be based at the s-commerce specialist's headquarters in Exeter, UK
Stephen Harvey will be based at the s-commerce specialist's headquarters in Exeter, UK
A former Microsoft UK chief financial officer (CFO) has been named the new CFO at blur Group (LON:BLUR).
Stephen Harvey will be based at the service-commerce specialist's headquarters in Exeter, UK.
With over 20 years' experience in the software sector, Harvey was CFO of Microsoft UK until 2004.
There, he was part of the team that led them to become the best performing division within Microsoft worldwide.
Harvey has spent the last three years working as a finance chief in Europe, Africa and the Middle East. The plan is that he will join the board in due course.
Barbara Spurrier, who has acted as CFO since February this year will revert to her previous role as director of financial reporting and will be supporting Harvey.
Philip Letts, blur's chief executive, said of Harvey: "He brings with him considerable and broad experience, not just at CFO level but also in commercial and operational activities.
"I believe this combination will make him uniquely capable of helping us manage the company's growth whilst ensuring that we have the right financial systems, protocols and policies in place to deliver on our promise."
Letts added that business was growing and maturing in all aspects: technology, financial, governance, sales and management.
"In a year, we have quadrupled our revenue, trebled our bookings, completed a successful fundraising, kept our costs and headcount controls in line with our plan, and grown customer success through a 170% value increase from repeat customers.
"With the appointment of Stephen I am confident that we now have in place all the elements required to manage our current and future growth and return value to our shareholders."
dreamcatcher
- 21 Oct 2014 07:09
- 434 of 471
Blue chips turning to blur with increasing pace
RNS
RNS Number : 7656U
Blur Group PLC
21 October 2014
Tuesday 21 October 2014
blur Group plc
("blur" or the "Group")
Blue chips turning to blur with increasing pace
Argos and Tesco adopt award-winning platform
blur, the international e-commerce company providing a better way for businesses to buy or sell services, is continuing to gain new business from enterprise customers as it moves into the final months of 2014.
Argos and Tesco are the latest blue chip companies to kick off services projects via the blur 4.0 platform, joining Regus, Danone, Solvay, Amazon, Sabre and Menard who are already active repeat blur platform users.
Argos's first project was for technology services as part of its ongoing digital transformation, while blur delivered its first project for Tesco, as increasingly e-commerce for services becomes a part of e-commerce vendors' buying plans.
A products innovation company has also kicked off two new development projects worth in excess of $500K, further demonstrating blur's capability for handling large value projects.
blur, which recently won the award for Best General eCommerce at the annual eCommerce awards in London, has also extended its partner program announcing a new strategic alliance with Eventbrite, the global ticketing and event fulfilment marketplace.
Stephen Harvey, Group CFO, said "There is a lot of excitement at blur right now as we see the uptake of the platform increasing with bigger blue chip companies becoming a regular occurrence. New customers, new large value projects and new partners all confirm that buying services online leads to doing business better."
dreamcatcher
- 19 Nov 2014 07:15
- 435 of 471
Trading Update
RNS
RNS Number : 3861X
Blur Group PLC
19 November 2014
Wednesday 19 November 2014
blur Group plc
("blur" or the "Group")
Trading Update
Further to the Interim Results issued on 9th September 2014 (the "Interims") blur today issues a trading update:
Trading Update Summary
blur announces that the business is currently in line with management expectations in respect of new project bookings, ahead of plan for new and repeat enterprise projects, and ahead of its plan on costs due to the adoption of the blur 4.0 platform by Enterprise customers.
The Group continues on its already announced and planned path towards EBITDA breakeven and positive cash flow. The Group has cash resources of $20m to comfortably sustain it through to profitability and cash flow positive.
Whilst revenue growth has been strong, a small number of large projects, which have been submitted to the exchange, will not kick off until early 2015, which will impact the Group's revenue and therefore profitability for the full year ending 31 December 2014.
Operationally, we remain pleased with progress, with Project Bookings remaining strong, especially from the Enterprise customers, with a total of 6,329 projects submitted to the Exchange as at 17 November 2014, representing a combined value of $310m. This represents a fourfold growth against the same point in 2013, with all indicators that EBITDA breakeven will be achieved in Q4 2015 along with positive cash flow from Q1 2016.
Growth in Bookings from Enterprise Customers
So far in Q4 2014 the majority of bookings (with around 1/3rd of these being repeat customers) have come from major brands, with the most recent notable additions being Amazon, Tesco and Argos.
Business Model Scalability
The roll-out of the blur 4.0 platform has proved that the business scales without significantly adding to costs. Business growth is being achieved with a headcount that today numbers 67 against 78 at the end of FY 2013.
cynic
- 19 Nov 2014 08:30
- 436 of 471
and CLUNK!
BLUR joins the 90% club .... actually, it did so a few months back
BLUR joins the 90% club .... actually, it did so a few months back
dreamcatcher
- 19 Nov 2014 15:27
- 437 of 471
One that is well worth watching, just to see if the company has turn round prospect.
dreamcatcher
- 26 Nov 2014 17:02
- 438 of 471
Latest Enterprise Brands Buying at blur
RNS
RNS Number : 9937X
Blur Group PLC
26 November 2014
Wednesday 26th November 2014
blur Group plc
("blur" or the "Group")
Aryzta, Kier Group and Sixt, the latest enterprise clients buying at blur
blur, the international e-commerce company providing a better way for businesses to buy or sell services, today announces the latest enterprise clients to use blur.
In the busiest week of the year for online shopping, the latest big brands to shop at blur for business services include German car-hire giant, Sixt, one of the world's leading food brands, Aryzta, and major construction company, Kier Group:
· Sixt has taken advantage of blur's newest category for video services buying and launched a series of promotional videos.
· Aryzta is the latest client to recognise the potential of blur in streamlining procurement with its marketing procurement division choosing blur to handle its marketing projects globally and source suppliers in this category.
· Regional marketing heads at Kier Group have discovered the advantages of managing tail spend with the centralised management that blur and its recently-launched Project Space 2.0 provide.
In announcing these latest enterprise clients, blur's Chief Executive Officer Philip Letts commented, "We've already seen that 2014 is the year that the enterprise has adopted blur for its convenience and quality of delivery. These latest client wins show that blur's extensive network of service providers, combined with its unique managed approach, give businesses a streamlined way to deliver business services."
dreamcatcher
- 16 Dec 2014 19:58
- 439 of 471
Latest Global Enterprise Customers Announced
RNS
RNS Number : 8366Z
Blur Group PLC
16 December 2014
Blur Group plc
("blur" or the "Group")
Latest Global Enterprise Customers announced by blur Group
- Thales, South West Water & Realtek Semiconductor Corp turn to blur for Business Services -
16 December, 2014: blur, the international e-commerce company providing a better way for businesses to buy or sell services, is pleased to announce a further three new global enterprise customers who have submitted projects on blur's platform.
Thales the global aerospace, space, defence, security and transportation specialist, UK based South West Water and Realtek Semiconductor Corp, one of the world's largest and most successful integrated circuit design houses, have all come to blur for new services project delivery.
These are the latest enterprise-class customers to use blur in 2014, reinforcing the launch earlier of this year of blur 4.0 which was built to support the enterprise client as well as blur's traditional small and medium enterprise customer base.
blur's Chief Executive Officer Philip Letts commented "These latest names consolidate our approach throughout 2014 to make blur an easy way for enterprises to buy services. It's also noteworthy that December, traditionally a quieter month, is seeing an increasing number of enterprise clients like these ones that have now started projects with us."
dreamcatcher
- 15 Jan 2015 12:25
- 440 of 471
Trading Update and $17m Project
RNS
RNS Number : 1988C
Blur Group PLC
15 January 2015
15 January 2015
blur Group Plc
("blur" or the "Group")
Trading update and four-year, $17m project kicked off
15 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, has today confirmed that it expects its full year results for the year ended 31 December 2014 to meet market consensus forecasts. The Group continues on its previously announced and planned path towards EBITDA breakeven in Q4 2015 and positive cash flow fromQ1 2016. Currently the Group has the cash resources to sustain it through to profitability and positive cash flow.
Assisting the Group in achieving these stated goals, blur today also announced that it has kicked off a project for a new customer using the blur platform, to raise sponsorship and investment for an independent cycling team, who is planning to compete in the Tour de France and other signature events.
The project will run over a four-year period with the total project value budgeted at approximately $17m, and expected to be recognised over four calendar years. .
blur's Chief Executive Officer Philip Letts commented:
"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. 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."
-ENDS-
RNS
RNS Number : 1988C
Blur Group PLC
15 January 2015
15 January 2015
blur Group Plc
("blur" or the "Group")
Trading update and four-year, $17m project kicked off
15 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, has today confirmed that it expects its full year results for the year ended 31 December 2014 to meet market consensus forecasts. The Group continues on its previously announced and planned path towards EBITDA breakeven in Q4 2015 and positive cash flow fromQ1 2016. Currently the Group has the cash resources to sustain it through to profitability and positive cash flow.
Assisting the Group in achieving these stated goals, blur today also announced that it has kicked off a project for a new customer using the blur platform, to raise sponsorship and investment for an independent cycling team, who is planning to compete in the Tour de France and other signature events.
The project will run over a four-year period with the total project value budgeted at approximately $17m, and expected to be recognised over four calendar years. .
blur's Chief Executive Officer Philip Letts commented:
"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. 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."
-ENDS-
js8106455 - 15 Jan 2015 13:40 - 441 of 471
dreamcatcher
- 21 Jan 2015 15:21
- 442 of 471
New $3m project kicked off by leading FMCG company
RNS
RNS Number : 6908C
Blur Group PLC
21 January 2015
blur Group Plc
("blur")
New $3m project kicked off by leading FMCG company
21 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces the kick off of a $3m enterprise project by a leading FMCG company, responsible for some of the world's best known brands.
The project, expected to run for up to two years, represents the largest project by an enterprise customer* that blur's exchange has attracted to date. The project, a pure technology play, provides evidence of continued enterprise adoption of the blur exchange.
blur's Chief Executive Officer Philip Letts commented: "This project is significant because it demonstrates that large enterprises are increasingly recognising the advantages of using the blur Exchange. This is a real endorsement of our approach and ability to deliver solutions for large and technically complex projects. We are confident in our ability to meet almost any professional services requirement through the exchange. "
* blur defines Enterprise customers as those with greater than $500m p.a. turnover
RNS
RNS Number : 6908C
Blur Group PLC
21 January 2015
blur Group Plc
("blur")
New $3m project kicked off by leading FMCG company
21 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces the kick off of a $3m enterprise project by a leading FMCG company, responsible for some of the world's best known brands.
The project, expected to run for up to two years, represents the largest project by an enterprise customer* that blur's exchange has attracted to date. The project, a pure technology play, provides evidence of continued enterprise adoption of the blur exchange.
blur's Chief Executive Officer Philip Letts commented: "This project is significant because it demonstrates that large enterprises are increasingly recognising the advantages of using the blur Exchange. This is a real endorsement of our approach and ability to deliver solutions for large and technically complex projects. We are confident in our ability to meet almost any professional services requirement through the exchange. "
* blur defines Enterprise customers as those with greater than $500m p.a. turnover
required field - 21 Jan 2015 15:26 - 443 of 471
Complete nonsense this company.......it's an online yellow pages ; nothing more....endless bla...bla...bla...about entreprises and so forth.....typical britain today waffle....
Bullshare
- 22 Jan 2015 11:31
- 444 of 471
The Innovators & Investors Forum is organised in partnership with Cenkos Securities and Shares.
The event aims to showcase up to 40 pioneering and imaginative technology-led firms, bringing them together with the investment community. It combines both a company expo and an educational conference where delegates learn about a range of investment opportunities.
The event is supported with an extensive conference program, including keynote speakers and company presentations. There is also an opportunity to engage in discussions with exhibitors at their stands.
Participating companies
| Abzena | eg solutions | MedaPhor | Shares |
| AirPortr | ELECO | Mercia Technologies | SQS |
| AJ Bell Youinvest | Escher Group | Plastics Capital | Stadium Group |
| APC Technology Group | Flowgroup | Proxama | TyraTech |
| Atlantis Resources | Forbidden Technologies | ReNeuron Group | XLMedia |
| blur Group | Imperial Innovations | Rightster | |
| Brady | Instem | Rosslyn Analytics | |
| Cenkos Securities | KBC Advanced Technologies | SeaEnergy | |
| Deltex Medical Group | Manx Telecom | ServicePower |
More companies to be announced
Event timings
| Registration: | from 09:00 |
| Conference: | 09:45 - 17:30 |
| Exhibition: | 09:00 - 18:00 |
Tuesday 3rd February 2015
Venue:Business Design Centre, London N1, 52 Upper Street, Islington, London, N1 0QH
Attendance is free, but spaces are limited. Register now to secure your place!
Cenkos Securities
 | Cenkos Securities is an independent specialist securities firm focused on UK small and mid-cap companies. They aim to be entrepreneurial, whilst seeking to establish long-term relationships with corporate and institutional clients. Their directors and partners have on average more than 25 years' experience in the UK securities market. They have pioneered and led some of the most successful and innovative transactions in the UK securities market over the last decades. |
AJ Bell Youinvest
 | AJ Bell Youinvest is a multi-award winning provider of SIPPs, stocks and shares ISAs, Junior ISAs, Junior SIPPs and share dealing accounts. We offer customers access to a market leading range of investment options, including: shares, funds, ETFs, investment trusts and much more. Our online dealing service starts from just £4.95 and never costs more than £9.95 per deal. |
Shares
 | Shares is the leading weekly publication for the serious private investor. Full of forward facing actionable content, industry leading insight plus honest unbiased content; each week covering areas such as Stocks (Large, Mid or Small Cap), Commodities, Bonds, Funds, Forex, Spreadbetting, CFDs, ISAs, ETFs and personal investing. |
Abzena (ABZA:AIM)
 | Abzena provides a suite of complementary services and technologies to R&D organisations to improve the chances of successful development of therapeutic proteins and antibodies, and it is therefore poised to capitalise on the growth of the biopharmaceutical market. The Group has significant know-how, supported by a broad patent estate, to enable it to create better biopharmaceuticals for its customers. Abzena operates a balanced business model with growing revenues from its service business and the potential for significant future growth through royalty bearing licences for the application of its technologies to biopharmaceutical products. The Group’s technologies and services are provided through its wholly-owned subsidiaries, PolyTherics and Antitope. |
AirPortr
 | Portr is everyone’s personal on-demand porter service, placing less stressful luggage free journeys at travelers’ fingertips. The service enables passengers to have their luggage delivered between London and it’s airports, same-day, whatever size, wherever they are, whenever needed. They are then free to travel around the city more efficiently, making the most of their time, without their burdensome baggage slowing them down, from only £25. Combining security, transportation, B2B connectivity and consumer mobile accessibility through technology, Portr has achieved the aviation industry ambition of ‘seamless end-to-end passenger journeys’, delivering innovative solutions, helping airlines and airports improve passenger flows and generate ancillary revenue, while enhancing their travel experiences. Having launched at London City Airport in 2014, this year will see Portr’s rollout across a number of London airports. |
APC Technology Group (APC:AIM)
 | APC Technology Group PLC provides technologies and services intended to help improve organisational sustainability. These include sustainability consulting, energy reduction, energy generation, water management and project financing. It is also one of the UK’s leading distributors of specialist electronic components. Since incorporation in 1982, we have developed outstanding relationships with both specialist manufacturers and our customers, who put significant value on our understanding of their individual business challenges and markets, our technical expertise and the high levels of customer service we provide. |
Atlantis Resources (ARL:AIM)
 | For more than a decade, Atlantis has been actively involved in the commercialisation of tidal power technology and the development of tidal power projects around the world. Atlantis is striving to become the world’s leading developer of commercial scale tidal power projects and the technologies required to economically deliver tidal current power to the grid for sale and dispatch. Atlantis owns patented technologies covering power generation, turbine deployment and turbine operation and control. The combination of our technology and our track record in successful project origination and development, has created what we believe to be a uniquely commercial force in the marine power industry, able to develop and manage commercial-scale, marine power renewable energy projects globally. |
blur Group (BLUR:AIM)
 | The way businesses buy and sell services is being revolutionized. blur has torn up the old play book and replaced it with a new one where projects for talented, capable suppliers are won based on merit. We have nearly 50,000 service providers keen to impress you and successfully deliver your project - typically saving you 25%. Businesses like Amazon, Regus, Caterpillar and Argos have changed the way they buy and sell services. They find it easy, fast, fair, with better choice and guaranteed quality. You buy everything else online, why not business services? |
Brady (BRY:AIM)
 | Brady Plc is the largest European-headquartered provider of trading and risk management software to the global commodity, energy and recycling markets. Following our listing on AIM, Brady has achieved 50% compound annual growth in revenues over the past five years. It has entered new markets, developed new software solutions, and added global industry leaders as clients. Our growth has resulted from our strategy of combining organic growth with acquisitions, supported by Cenkos, our nomad and broker. Brady is the only UK stock exchange listed company active in the intersection of technology and commodities. We are ranked number one globally in metals, and US recycling, and are the energy Trading and risk Management solution provider with the most energy installations in Europe. |
Deltex Medical Group (DEMG:AIM)
 | Deltex Medical manufactures and markets the CardioQ-ODMÔ system. CardioQ-ODM changes the way doctors care for surgical patients allowing them to recover faster and leave hospital sooner and in better health than they otherwise would do. The performance of the system has been validated through independently conducted, randomised controlled clinical trials and is being translated into routine clinical practice in leading hospitals around the world. |
eg solutions (EGS:AIM)
 | eg solutions is a back office workforce optimisation software company. eg pioneered this new market space and developed the most complete, purpose built workforce optimisation software for back offices – the only solution that manages work, people and end-to-end processes wherever they are undertaken, anywhere in the world. Our software is used by leading UK, international and global companies in multiple industry sectors. Using our forecasting, scheduling, real-time work management and operational analytics capabilities we deliver measureable improvements in service, quality, productivity and regulatory compliance. When supported by our implementation and training services we guarantee return on investment. |
ELECO (ELCO:AIM)
 | Eleco Plc is an AIM-listed software company with interests based principally in Sweden, Germany and the UK. Eleco develops software tools for the architectural, engineering and construction industries. Eleco is committed to promoting a more sustainable built environment by providing software and services that integrate the construction project delivery process from design through to delivery. |
Escher Group (ESCH:AIM)
 | Escher Group Holdings plc is the world leading developer and provider of point of service software for use in the postal industry worldwide. Its core Riposte® software serves 35 national postal services across the world including the United States, Germany, Malaysia, South Africa and Saudi Arabia. The software enables post offices to expand upon their traditional offering, providing new revenue streams, reducing costs and increasing efficiency. The Group has also invested in new products such as Riposte TrEx which is designed to provide a national digital infrastructure linking governments, businesses and citizens via a secure platform. Escher has offices in Dublin, Boston, Singapore, Washington, London and Johannesburg. The Group had an initial public offering in 2011 and is listed on the London Alternative Investment Market (AIM). |
Flowgroup (FLOW:AIM)
 | Flowgroup's patented technology platform will help it dominate the global heating market and the emerging connected home space. Flowgroup's product range launches with the world's first affordable electricity-generating boiler. This boiler generates low cost, low carbon electricity as it uses gas to heat a home. It reduces customer electricity bills by 50% and household carbon emissions by up to 20%. It's designed to become the leading domestic heating technology worldwide with a volume production price close to a standard boiler. And there's even more to this game-changing boiler. Couple its generation capability with internet connectivity and an intelligent thermostat and you have the beating heart of the smart, connected home - and a company with global prospects in the most exciting market around. |
Forbidden Technologies (FBT:AIM)
 | Forbidden Technologies Plc launched its Forscene cloud video platform in 2004. Used by some of the largest global media players, Forscene is a world leader, having handled 4,000,000 hours of professionally shot source video. During 2013, monthly usage of Forscene rose to over 100 UK TV series. Forbidden capitalised on its successful contract with Google / YouTube by engaging key partners in sports. Gross margins remain in the 85% region.With around 30,000 accounts for its mobile video editing app, Forbidden is positioning to profit from the explosive growth in internet video and mobile devices. In 2013, Forbidden raised over £8m in cash. Forbidden is using this to invest for growth, particularly in the US, where its presence is already being felt. |
Imperial Innovations (IVO:AIM)
 | Imperial Innovations builds and invests in technology and healthcare companies based on the most promising technologies from our brightest scientists. It is connected with four of the world’s top research universities (Imperial, Cambridge, Oxford and UCL) which between them generate research income of £1.4 billion p.a. A significant technology investor with a portfolio of over 90 companies, Imperial Innovations has invested more than £176.0 million across its portfolio since 2006, and its companies have raised collectively investment of more than £822 million. Innovations invest in the most promising opportunities from whichever technology sector they arise and has built particular expertise in the key sectors of: Therapeutics, Medtech and devices, engineering and materials, and ICT. |
Instem (INS.L:AIM)
 | Instem is a leading provider of IT applications to the global early development healthcare market. The Group is focused on the early development sector of the drug and chemical research and development industry, from late discovery and lead optimisation through to the Phase I clinical evaluation stage. Instem’s Early Development Applications (EDA’s) are used in evaluation studies to: - collect, analyse and report complex scientific data;- comply with regulatory reporting requirements;- improve quality, consistency and efficiency of information reporting; and- reduce the time of critical path R&D activities. Instem’s solutions are supplied to an international blue chip customer base including AstraZeneca, GlaxoSmithKline and Charles River Laboratories. |
KBC Advanced Technologies (KBC:AIM)
 | KBC Advanced Technologies plc (KBC.L) is a leading independent consultancy and software company dedicated to the design, operation and management of hydrocarbon processing facilities worldwide, by empowering our clients with advice and technology to deliver enduring excellence in safety, profitability and environmental performance. Our clients include owners, operators and investors in Oil, Gas, Refining, Petrochemical and relevant Support industries and the technologies at the heart of their operations in Upstream Production and Processing; Mid-stream Gas Handling and Transport; Downstream Refinery Processing, Petrochemicals and supporting Logistics, Financing & Planning. KBC’s client base includes a significant number of national oil companies (NOCs), major international oil companies (IOCs) and independent refiners. KBC was founded in the United Kingdom in 1979 and listed on the London Stock Exchange in 1997. We have 300 staff based in offices across North America, Europe, Middle East, Former Soviet Union and Asia. |
Manx Telecom (MANX:AIM)
 | Manx Telecom is the leading communication solutions provider on the Isle of Man. The Group offers a wide range of fixed line, broadband, mobile and data centre services to businesses, consumers and the public sector on the Isle of Man and provides a growing portfolio of innovative solutions to offshore customers through its Global Solutions division, including Strongest Signal Mobile roaming and Mobile Virtual Network Enabler Services (MVNE). It listed on the AIM section of the London Stock Exchange in February 2014, generated 2013 revenue of £76.0m, +5.0% yoy, and adjusted EBITDA of £27.5m, +11.5% yoy and intends to pay a full year 2014 dividend equivalent to a 7% yield on the IPO price of 142p per share. |
MedaPhor (MED:AIM)
 | MedaPhor is a global provider of advanced ultrasound education and training for medical professionals. Based in Cardiff in the UK and San Diego in the USA, our aim is simple – to build a world class ultrasound training company that has educational excellence as its core guiding principle. That core principle is as important now as on the day we started. With products ranging from the very latest in advanced virtual-reality simulation training to hands-on postgraduate courses, we are committed to becoming the world’s leading ultrasound simulation company. |
Mercia Technologies (MERC:AIM)
 | As an investment business providing funding, hands-on support and accommodation, Mercia's strategy is to provide seed, early stage and development capital from its third party funds under management (via its wholly owned subsidiary Mercia Fund Management) and, at a later stage, provide follow-on capital from its own resources to scale its emerging stars with the goal of realising value for shareholders through an exit over time. Operating nationally with a focus on the Midlands and the North, which have been historically underserved, Mercia has access to enviable sources of deal flow opportunities including partnerships held with nine universities in the region. |
Plastics Capital (PLA:AIM)
 | Plastics Capital is a specialist plastics products manufacturer focused on proprietary products for niche markets. The Group has five factories in the UK, two in China, one in Thailand and sales offices in the USA, Japan, India and China. Plastics Capital was listed on the AIM market in December 2007. Currently approximately 40 per cent of sales are exported to over 80 countries worldwide and production is concentrated in the UK where significant engineering know-how and automation underpins the Group’s competitiveness. The Group’s corporate strategy is to build shareholder value by continuing to grow its key businesses organically and through value enhancing acquisitions |
Proxama (PROX:AIM)
 | Proxama is a global platform provider of proximity marketing, loyalty and contactless payment solutions on mobile. We provide proximity commerce solutions to financial institutions, media owners, retailers and brands. Our two technology platforms, TapPoint® and CardGateway®, sit at the heart of our business. TapPoint® delivers proximity engagement and loyalty solutions for retailers, media owners and brands by utilising technologies such as NFC, Bluetooth LE (beacons), geo-fencing and QR codes. CardGateway® is our mobile contactless (NFC) payment platform that enables banks to transition their card portfolio onto mobile, for mobile contactless payments. |
ReNeuron Group (RENE:AIM)
 | We are a leading, clinical-stage stem cell business. Our primary objective is the development of novel stem cell therapies targeting areas of significant unmet or poorly met medical need. We have used our unique stem cell technologies to develop cell-based therapies for significant disease conditions where the cells can be readily administered "off-the-shelf" to any eligible patient without the need for additional drug treatments. Our lead stem cell therapeutic candidate is a therapy for the treatment of patients left disabled by a stroke. Our second application for the CTX cells is for the treatment of critical limb ischaemia. Both treatments are currently in clinical development. Our hRPC stem cell candidate is for the treatment of retinitis pigmentosa, a blindness-causing desease of the retina. This treatment is in late pre-clinical development. |
Rightster (RSTR:AIM)
 | Rightster is a global b2b video network for distribution, content-sourcing, audience engagement and monetisation. Rightster’s software and services make it simple for sports, fashion, news, entertainment and viral rights holders to maximise the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis. Rightster provides an “upload once – commercialise everywhere” solution that extends the reach of live and on-demand video content to web, mobile and connected audiences via clients’ own sites, social channels, portals, platforms, newspapers, magazines and specialist blogs. Thousands of syndication partners are already preconnected, and Rightster’s Multi channel network (MCN) on YouTube consists of 450 channels, regularly featuring in the comScore top partner rankings. Founded by Charlie Muirhead in May 2011, Rightster has since grown to approximately 200 employees across 11 offices in 10 countries. |
Rosslyn Analytics (RDT:AIM)
 | At Rosslyn Analytics, we’re building intelligent businesses. How? By enabling our clients to prepare, manage and serve data to their business users. But, not just any data. We’re talking smart, enriched, analytics ready data. With analytics ready data, decisions accelerate. Teams collaborate. People innovate. Businesses captivate. We’re focused solely on the complex business of data. And, as business intelligence and analytics make the steady transition to the cloud, we’re taking an evolutionary rather than revolutionary approach. An approach that bridges the all-important gap between business and data. Which means data privacy, security and governance is assured. - See more at: http://www.rosslynanalytics.com/company/#sthash.6eCpkQzv.dpuf |
SeaEnergy (SEA:AIM)
 | SeaEnergy PLC (SEA.L) is an innovation-led offshore energy services business. Since 2012, its focussed strategy has delivered significantly increased turnover, expanded its global reach and is moving towards profitability, in line with expectations. It comprises: R2S’s Visual Asset Management, which provides a unique, intuitive and engaging front end for major upstream oil clients’ maintenance management information. R2S is active in the UK, Gulf of Mexico, Canada and rapidly growing internationally. SeaEnergy’s consultancy focusses on strategic consulting in asset integrity management, management of change and organisational development. Max and Co, our complementary corporate design and communication specialists, combine branding, graphics, 3D animation and web solutions to support clients in communicating complexity. SeaEnergy has developed designs and operational concepts for offshore wind farm support vessels which offer significantly improved wind farm economics. Our ship management team is now managing three vessels and is addressing growth opportunities. |
ServicePower (SVR:AIM)
 | ServicePower provides connected field services solutions that bring together the customer and the dispatch centre, technician, claims and warranty processes, parts, the contracted workforce, assets, mobility, business intelligence, and social collaboration. ServicePower connects all aspects of the field service value chain through the use of innovative technology that accelerates business efficiency gains and customer satisfaction while reducing costs. ServicePower is uniquely positioned to offer connected field services solutions on one underlying and consistent platform. |
SQS (SQS:AIM)
 | The SQS Group (SQS) is the world’s leading specialist in software quality. SQS’ position and expertise as the market leader are the result of over 30 years of successful consultancy. The company’s competitive edge stems mainly from its PractiQ methodology, which is based on many years of project experience and specialist knowledge across a wide range of industries. With over 7,000 completed projects, SQS has a strong customer base, including half of the DAX-30, almost a third of the STOXX-50 and 20 FTSE-100 companies. Our customers include Allianz, Beazley, BP, Centrica, Commerzbank, Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters, UBS and Volkswagen. |
Stadium Group (SDM:AIM)
 | Established over a century ago and headquartered in the UK, Stadium Group plc is an AIM listed, leading electronic technologies group with a turnover of circa £50 million and 800 employees. Its diverse product portfolio includes power supplies, intelligent interface and displays (Human Machine Interface), M2M (Man-to-Machine) Wireless Connectivity solutions supporting the Internet of Things expansion and integrated electronic manufacturing services (iEMS), which it provides to a broad range of OEMs in the professional electronics market. Stadium’s products are used in a wide variety of industries including industrial, medical, communications, green technology, automotive, marine, aviation, security and lighting. It presently operates four manufacturing sites in the UK (Hartlepool, Warrington, Diss and Southampton) a low cost manufacturing operation in China (Dongguan), UK and Asia R&D Centres and commercial offices in the UK, Hong Kong and Australia.
|
TyraTech (TYR:AIM)
 | TyraTech, Inc. was established in 2004 to utilize its novel technology to fill the unmet and increasing global demand for effective, safe, and natural pesticide technologies for human and animal health. TyraTech's products incorporate a unique blend of potent natural active ingredients and are available in a number of markets including consumer, commercial, professional pest control, agriculture, human and animal health, vector control and livestock markets. TyraTech, Inc. made its Initial Public Offering in June 2007 on the AIM section of the London Stock Exchange, where it trades under two separate common stock share listings (TYR and TYRU). Since going public, TyraTech has established partnerships with market leaders in areas such as human health as well as consumer and commercial pest control operators. |
XLMedia (XLM:AIM)
 | XLMedia is one of the largest independent online traffic providers to the gambling industry, delivering digital performance marketing services to over 120 operators. It attracts paying users from different online channels and directs them to online gambling operators, typically in return for a revenue share. XLMedia has a scalable platform and clear strategy to support significant growth in both new and existing markets. With a track record of successful acquisitions it is also well positioned to act as an industry consolidator. In addition, XLMedia has a stated policy of returning at least 50% of retained earnings each year as dividends. |
London Stock Exchange
 | London Stock Exchange is the world's most international exchange. Nearly 2,500 companies from more than 90 countries are quoted across its markets, with a combined value of £4.4 trillion. London Stock Exchange's markets include the Main Market - London's flagship venue for equity, debt and exchange traded products, offering businesses access to Europe's most liquid pool of capital - and AIM - the world's leading market for small and growing companies. Since its launch in 1995 AIM has helped 3,500 companies raise £87 billion. Trading participants access London Stock Exchange markets via a range of secure, low latency interfaces, including the Order book for Retail Bonds (ORB), which since its launch in 2010 has allowed private investors to trade bonds in small denominations, and has helped companies raise over £4 billion. London Stock Exchange also offers a range of real-time and reference data services, facilitating the trading and reporting of over £1 trillion of securities by 400 members annually. London Stock Exchange is part of London Stock Exchange Group, which incorporates a range of pan-European trading, technology, post-trade and index businesses. |
Miton Group (MGR:AIM)
 |
dreamcatcher
- 28 Jan 2015 15:40
- 445 of 471
2014 bookings of $49.1m doubling 2013 bookings
RNS
RNS Number : 3106D
Blur Group PLC
28 January 2015
blur Group Plc
("blur")
blur Group (LSE: BLUR) announces 2014 bookings of $49.1m, more than doubling 2013 bookings
28th January 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces project bookings* for the full year 2014 of $49.1m (2013 $22.2m); more than double previous full year bookings.
Bookings in the second half of 2014 increased by 94% year-on-year to $33.1m (H2 2013: $17.0m). Moreover, around 40% of these bookings were from enterprise customers** (approximately 20% in 2013).
blur is currently adding over 2,000 exchange users to the platform per month, and has fully vetted service providers from 145 countries. To date, over 50,000 businesses, including Amazon, Regus, Caterpillar, Argos, Danone and GE, have adopted blur to buy or sell services online, with over $350m of projects submitted to the platform.
blur's Chief Executive Officer Philip Letts commented: "These results clearly demonstrate the importance of enterprise customers to the long term success of blur. 2014 was a pivotal year for blur, as demonstrated by the doubling of project bookings, the level of repeat business and the increasing adoption of the platform by larger enterprise customers. The release of blur 4.0 delivered an enterprise class solution to our users, which, combined with blur's customer focus, is persuading more and more businesses to buy or sell business services online. "
-ENDS-
RNS
RNS Number : 3106D
Blur Group PLC
28 January 2015
blur Group Plc
("blur")
blur Group (LSE: BLUR) announces 2014 bookings of $49.1m, more than doubling 2013 bookings
28th January 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces project bookings* for the full year 2014 of $49.1m (2013 $22.2m); more than double previous full year bookings.
Bookings in the second half of 2014 increased by 94% year-on-year to $33.1m (H2 2013: $17.0m). Moreover, around 40% of these bookings were from enterprise customers** (approximately 20% in 2013).
blur is currently adding over 2,000 exchange users to the platform per month, and has fully vetted service providers from 145 countries. To date, over 50,000 businesses, including Amazon, Regus, Caterpillar, Argos, Danone and GE, have adopted blur to buy or sell services online, with over $350m of projects submitted to the platform.
blur's Chief Executive Officer Philip Letts commented: "These results clearly demonstrate the importance of enterprise customers to the long term success of blur. 2014 was a pivotal year for blur, as demonstrated by the doubling of project bookings, the level of repeat business and the increasing adoption of the platform by larger enterprise customers. The release of blur 4.0 delivered an enterprise class solution to our users, which, combined with blur's customer focus, is persuading more and more businesses to buy or sell business services online. "
-ENDS-
dreamcatcher
- 30 Jan 2015 12:26
- 446 of 471
Exhibiting at the Innovators & Investor Forum
RNS
RNS Number : 5555D
Blur Group PLC
30 January 2015
Blur Group plc
("blur" or the "Group")
blur Group to exhibit at the Innovators & Investors Forum
Tuesday 3 February 2015, London N1
30 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces that it will be exhibiting at the Innovators & Investors Forum on Tuesday 3 February 2015, at the Business Design Centre in London.
blur's CFO, Stephen Harvey, will be showcasing the Group at 16:30 in the Babbage Room, and will be present throughout the day on Stand 10 to meet with current and potential investors.
The Innovators & Investors Forum, sponsored by Cenkos Securities, is a one-day conference and exhibition that aims to showcase leading technology firms and bring them together with the investment community. The event will run from 9.00am to 6.00pm with the conference agenda starting at 9.50am.
For more information including registration details please visit: http://www.sharesmagazine.co.uk/events/event/iif2015/register-now/
-ENDS-
RNS
RNS Number : 5555D
Blur Group PLC
30 January 2015
Blur Group plc
("blur" or the "Group")
blur Group to exhibit at the Innovators & Investors Forum
Tuesday 3 February 2015, London N1
30 January, 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces that it will be exhibiting at the Innovators & Investors Forum on Tuesday 3 February 2015, at the Business Design Centre in London.
blur's CFO, Stephen Harvey, will be showcasing the Group at 16:30 in the Babbage Room, and will be present throughout the day on Stand 10 to meet with current and potential investors.
The Innovators & Investors Forum, sponsored by Cenkos Securities, is a one-day conference and exhibition that aims to showcase leading technology firms and bring them together with the investment community. The event will run from 9.00am to 6.00pm with the conference agenda starting at 9.50am.
For more information including registration details please visit: http://www.sharesmagazine.co.uk/events/event/iif2015/register-now/
-ENDS-
dreamcatcher
- 10 Feb 2015 22:47
- 447 of 471
blur's new appointment will explore US listing
By Giles Gwinnett
February 10 2015, 8:28am
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc
e-commerce specialist blur Group (LON:BLUR) has appointed experienced senior executive David Sherriff as deputy chairman and lead independent director immediately.
As well as strengthening the board, he will explore options to increase the company's profile and growth, including the possibility of dual listing the shares on the OTCQX market in the US, blur said, though added no firm decision had been made on this.
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc.
Philip Letts, blur's chief executive, said: "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."
By Giles Gwinnett
February 10 2015, 8:28am
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc
e-commerce specialist blur Group (LON:BLUR) has appointed experienced senior executive David Sherriff as deputy chairman and lead independent director immediately.
As well as strengthening the board, he will explore options to increase the company's profile and growth, including the possibility of dual listing the shares on the OTCQX market in the US, blur said, though added no firm decision had been made on this.
Sherriff has been a blur non-exec director since 2013 and has 25 years' experience in the technology industry, most recently as CEO of Microgen plc.
Philip Letts, blur's chief executive, said: "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."
dreamcatcher
- 19 Feb 2015 13:44
- 448 of 471
Directors dealings
RNS
RNS Number : 3481F
Blur Group PLC
19 February 2015
blur Group plc
("blur," or the "Company")
Directors dealings
The Company was notified yesterday that on 18 February 2015, David Sherriff, Lead Independent Director of the Company, bought 28,500 ordinary shares of 1p each in the Company ("Ordinary Shares") for the benefit of his SASS, at a price of 87 pence per share.
Following his purchase, Mr. Sherriff now has a beneficial interest in 72,600 Ordinary Shares, representing 0.15% of the Company's issued ordinary share capital.
Additionally, the Company has been notified today that on 16 February 2015, Richard Bourne-Arton, Non-Executive Director of the Company, bought 32,051 Ordinary Shares for the benefit of his SIPP at a price of 78 pence per share.
Following his purchase, Mr. Bourne-Arton now has a beneficial interest in 432,381 Ordinary Shares, representing 0.92% of the Company's issued ordinary share capital.
RNS
RNS Number : 3481F
Blur Group PLC
19 February 2015
blur Group plc
("blur," or the "Company")
Directors dealings
The Company was notified yesterday that on 18 February 2015, David Sherriff, Lead Independent Director of the Company, bought 28,500 ordinary shares of 1p each in the Company ("Ordinary Shares") for the benefit of his SASS, at a price of 87 pence per share.
Following his purchase, Mr. Sherriff now has a beneficial interest in 72,600 Ordinary Shares, representing 0.15% of the Company's issued ordinary share capital.
Additionally, the Company has been notified today that on 16 February 2015, Richard Bourne-Arton, Non-Executive Director of the Company, bought 32,051 Ordinary Shares for the benefit of his SIPP at a price of 78 pence per share.
Following his purchase, Mr. Bourne-Arton now has a beneficial interest in 432,381 Ordinary Shares, representing 0.92% of the Company's issued ordinary share capital.
dreamcatcher
- 02 Mar 2015 16:36
- 449 of 471
blur puts new national cycling team on the road
RNS
RNS Number : 1754G
Blur Group PLC
02 March 2015
2 March 2015
blur Group plc
("blur Group", the "Group" or the "Company")
blur helps put new national cycling team on the road
Further to the RNS announcement on the 15th Jan 2015 reporting that blur Group, which operates the world's largest online marketplace for business services, had kicked off a four year $17m project to raise funds to launch a new cycling team onto the international circuit, blur is pleased to report the team is the new national cycling team for Wales.
It is the first time Wales has fielded a professional team in international cycling and builds on the success of Welsh cycling stars including Team Sky's Geraint Thomas and Luke Rowe and the Olympic gold medallist and women's road race world champion Nicole Cooke.
The new team, 'We are Wales' Pro Cycling, aims to field a team to compete in races in the 2016 season with the hope of qualifying for the prestigious events like the Tour de France within four years. The team will also act as a catalyst for encouraging greater participation in cycling and more inward investment into Wales.
Eifion Weinzweig, co-founder of Weinzweig-Dejan Cycling, who is leading the 'We are Wales' team, said: "We have been working on this initiative for three years, but it's only since engaging with the sponsorship experts at blur that our dream has become a reality."
"We know that the Welsh people are very passionate about rugby and football. We hope that by providing them with this unique opportunity to get behind a new team in a rapidly expanding market, it will make everybody feel proud of being Welsh and what the country has to offer."
blur operates the world's largest online marketplace for business services and is working with its extensive network of service providers to offer a range of packages to attract commercial sponsors.
Philip Letts, CEO of AIM-listed blur group, said: "We are delighted to play such a big part in putting the 'We are Wales' team on the road and are very confident that our platform will facilitate raising the $17 million sponsorship target.
Ends
RNS
RNS Number : 1754G
Blur Group PLC
02 March 2015
2 March 2015
blur Group plc
("blur Group", the "Group" or the "Company")
blur helps put new national cycling team on the road
Further to the RNS announcement on the 15th Jan 2015 reporting that blur Group, which operates the world's largest online marketplace for business services, had kicked off a four year $17m project to raise funds to launch a new cycling team onto the international circuit, blur is pleased to report the team is the new national cycling team for Wales.
It is the first time Wales has fielded a professional team in international cycling and builds on the success of Welsh cycling stars including Team Sky's Geraint Thomas and Luke Rowe and the Olympic gold medallist and women's road race world champion Nicole Cooke.
The new team, 'We are Wales' Pro Cycling, aims to field a team to compete in races in the 2016 season with the hope of qualifying for the prestigious events like the Tour de France within four years. The team will also act as a catalyst for encouraging greater participation in cycling and more inward investment into Wales.
Eifion Weinzweig, co-founder of Weinzweig-Dejan Cycling, who is leading the 'We are Wales' team, said: "We have been working on this initiative for three years, but it's only since engaging with the sponsorship experts at blur that our dream has become a reality."
"We know that the Welsh people are very passionate about rugby and football. We hope that by providing them with this unique opportunity to get behind a new team in a rapidly expanding market, it will make everybody feel proud of being Welsh and what the country has to offer."
blur operates the world's largest online marketplace for business services and is working with its extensive network of service providers to offer a range of packages to attract commercial sponsors.
Philip Letts, CEO of AIM-listed blur group, said: "We are delighted to play such a big part in putting the 'We are Wales' team on the road and are very confident that our platform will facilitate raising the $17 million sponsorship target.
Ends
Claret Dragon
- 10 Apr 2015 08:32
- 450 of 471
Wonders never cease with this company.
required field - 10 Apr 2015 09:00 - 451 of 471
Real knockdown.....I'm still not quite sure what they do....
required field - 10 Apr 2015 09:43 - 452 of 471
If I understand this correctly :...you could have one guy or lady in an office with 50 telephones......dringggg....dringggg....drinnggg...hello...goad moaning....I need somebody to help out with my printing....hang on soaar !...I have just the package for you.....(muted sound)....now which blinkin phone is it....this one...no...that one...no...ahh here it is sir here you are ;....I'll put you in contact right now....our fee is 20%....thank youuuu.....NEXT.....
cynic
- 11 Apr 2015 19:14
- 453 of 471
today's papers show why AIM stocks can be such a dodgy investment
dreamcatcher
- 11 Apr 2015 21:46
- 454 of 471
Certainly agree, but nothing wrong with the 2013 climb in the sp. Also plenty of time to jump the sinking ship with still a good profit.Even if an investor hung on in hope of the sp climbing again. Many aim shares are like this. My view - get in early and go with the flow if it heads north or indeed leave if the sp heads to far south for your liking. Chart no different for Wand, but again the early bird catches the worm.
required field - 12 Apr 2015 13:41 - 455 of 471
I fear 30p....or less for this....
dreamcatcher
- 13 Apr 2015 18:35
- 456 of 471
Shares on Friday - From AIM pin-up to 'rubbish AIM company,' to quote one IT analyst today.
required field - 13 Apr 2015 19:55 - 457 of 471
The problem is : there is no business.....it would only work for perhaps an african company is some remote part of the world that does not have access to all networks and needs help....otherwise...unfortunately...I fear this is going to sink....
HARRYCAT
- 01 Jul 2015 08:09
- 458 of 471
StockMarketWire.com
blur Group's revenues rose to $4.72m in the year to the end of December - up 35.5% from an adjusted $3.48m in 2013.
Gross profit increased to $1.65m (adjusted $0.67m in 2013) while losses before interest, tax, depreciation and amortisation increased to $10.34m in 2014 (adjusted $6.5m in 2013).
The online marketplace for business services had a cash balance of $17.40m at the year end (adjusted 2013: $9.56m).
Chief executive Philip Letts said: "2014 signified an important shift at blur Group, simply, the transition to the larger enterprise. The business has learned and matured and is now successfully attracting both the enterprise buyer and service provider We have moved from being a broad-based business, servicing a wide range of small, medium and large customers, to one that today is focused on the medium and large enterprise.
"I believe that with our fundraise in 2014 coupled with established maturity in reporting we have the cash resources to execute our strategy. I would also like to take this opportunity to thank Robert for the significant time and support that he has given to the Group over the past few years."
blur Group's revenues rose to $4.72m in the year to the end of December - up 35.5% from an adjusted $3.48m in 2013.
Gross profit increased to $1.65m (adjusted $0.67m in 2013) while losses before interest, tax, depreciation and amortisation increased to $10.34m in 2014 (adjusted $6.5m in 2013).
The online marketplace for business services had a cash balance of $17.40m at the year end (adjusted 2013: $9.56m).
Chief executive Philip Letts said: "2014 signified an important shift at blur Group, simply, the transition to the larger enterprise. The business has learned and matured and is now successfully attracting both the enterprise buyer and service provider We have moved from being a broad-based business, servicing a wide range of small, medium and large customers, to one that today is focused on the medium and large enterprise.
"I believe that with our fundraise in 2014 coupled with established maturity in reporting we have the cash resources to execute our strategy. I would also like to take this opportunity to thank Robert for the significant time and support that he has given to the Group over the past few years."
Claret Dragon
- 21 Jul 2015 14:15
- 459 of 471
Dot.com Chart if ever I saw one.
cynic
- 22 Jul 2015 11:07
- 461 of 471
why waste your time?
Claret Dragon
- 18 Aug 2016 09:45
- 463 of 471
8 POUNDS ONCE UPON A TIME
dreamcatcher
- 18 Aug 2016 09:45
- 464 of 471
I know. :-))
Claret Dragon
- 14 Nov 2016 10:51
- 465 of 471
Around 4p for those interested.
dreamcatcher
- 14 Nov 2016 15:44
- 466 of 471
I liked it better at 790p :-))
Claret Dragon
- 15 Nov 2016 14:40
- 467 of 471
Only 783p to get back up there!!!!!!!!!!
HARRYCAT
- 23 Jun 2017 10:19
- 468 of 471
StockMarketWire.com
blur Group has warned shareholders the value of their holdings could be severely reduced or become nil unless it secures alternative near-term financing within the next few weeks.
The group - which had cash balances of $1.14m at the end of May - said market soundings had taken place with new and existing potential cornerstone investors to provide additional financing to deliver the board's updated business plan.
But it said some of the investment terms put forward in these discussions included a number of onerous conditions which the board considered were not in the best interests of shareholders.
The group said the board was now evaluating alternative sources of funding but if this was not forthcoming within the next three to six weeks the board would be required to take action to protect the interests of creditors.
It said this could result in the value attributable to shareholders being severely reduced or becoming nil.
blur's quarterly business update announced on 8 February said the cash burn for the fourth quarter of 2016 was $0.9 million ($1.0m in Q3 2016).
It said this rate of cash burn had stayed broadly constant in the year to date, and cash balances at 31 May were $1.14m.
The group said its business plan for the coming months focused on furthering its enterprise customer strategy by establishing additional high value relationships with blue chip multinational customers from a variety of sectors, while optimising the cash requirement of the business and shortening the path to profits.
It said this was planned to be achieved by implementing a number of actions intended to further focus and streamline the business.
It said these include:
- reduction in fixed salaries and fees of the management team and board and a shift towards a more incentive-based remuneration approach
- as the head office lease reaches its conclusion in the coming period, assessing the suitability of current rented office space and evaluating potentially more efficient alternatives
- more tightly focused Sales and Marketing effort prioritising specific enterprise targets, to maximise the return on investment
- ensuring delivery teams are appropriately sized as platform roll outs are achieved with higher levels of automation across blur's platform
- ensuring appropriate level of investment in blur's technology given the recent releases increasing both automation and functionality
- optimisation of overall operational costs, providing sufficient resources for current levels of trading as well as ability to grow revenues
The group said trading since 31 December had been in line with forecasts and the company expected to announce its final results on 29 June.
blur Group has warned shareholders the value of their holdings could be severely reduced or become nil unless it secures alternative near-term financing within the next few weeks.
The group - which had cash balances of $1.14m at the end of May - said market soundings had taken place with new and existing potential cornerstone investors to provide additional financing to deliver the board's updated business plan.
But it said some of the investment terms put forward in these discussions included a number of onerous conditions which the board considered were not in the best interests of shareholders.
The group said the board was now evaluating alternative sources of funding but if this was not forthcoming within the next three to six weeks the board would be required to take action to protect the interests of creditors.
It said this could result in the value attributable to shareholders being severely reduced or becoming nil.
blur's quarterly business update announced on 8 February said the cash burn for the fourth quarter of 2016 was $0.9 million ($1.0m in Q3 2016).
It said this rate of cash burn had stayed broadly constant in the year to date, and cash balances at 31 May were $1.14m.
The group said its business plan for the coming months focused on furthering its enterprise customer strategy by establishing additional high value relationships with blue chip multinational customers from a variety of sectors, while optimising the cash requirement of the business and shortening the path to profits.
It said this was planned to be achieved by implementing a number of actions intended to further focus and streamline the business.
It said these include:
- reduction in fixed salaries and fees of the management team and board and a shift towards a more incentive-based remuneration approach
- as the head office lease reaches its conclusion in the coming period, assessing the suitability of current rented office space and evaluating potentially more efficient alternatives
- more tightly focused Sales and Marketing effort prioritising specific enterprise targets, to maximise the return on investment
- ensuring delivery teams are appropriately sized as platform roll outs are achieved with higher levels of automation across blur's platform
- ensuring appropriate level of investment in blur's technology given the recent releases increasing both automation and functionality
- optimisation of overall operational costs, providing sufficient resources for current levels of trading as well as ability to grow revenues
The group said trading since 31 December had been in line with forecasts and the company expected to announce its final results on 29 June.
dreamcatcher
- 23 Jun 2017 17:43
- 469 of 471
800p in 2014, great days. :-))
Claret Dragon
- 24 Jun 2017 19:11
- 470 of 471
Dot.com 2.0
HARRYCAT
- 01 Aug 2017 07:52
- 471 of 471
Restoration of Ordinary Shares to Trading on AIM
Following the publication of the Company's annual report and accounts at 7.00am today, it is expected that trading in the Company's ordinary shares will resume on AIM at 8.00am today following restoration of trading at 7.30am. The Company's annual report and accounts are available at the Company's website
Following the publication of the Company's annual report and accounts at 7.00am today, it is expected that trading in the Company's ordinary shares will resume on AIM at 8.00am today following restoration of trading at 7.30am. The Company's annual report and accounts are available at the Company's website
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