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/

$107,456,460

value of projects submitted

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!

Closed up 6%

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.

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%

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

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.

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

What about the price going up, as this seems to be the call at present.

same can apply of course

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.

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

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%.

Just amazing stuff DC, what a Santa Rally Blur's had indeed!

Happy new year mcgrath1958 :-)) up over 100% for myself now. The Midas best performer for 2013.

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!

Year end today. Trading update something like the 25 Jan.(Going by 2013)

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

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%.

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.