Company Profile

YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.

Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.

With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:

Over 30 office locations throughout the UK alone

State-of-the-art studio, production and post-production facilities at our Wapping location.

UK broadcast return path & bandwidth owner

Fully fledged UK Bookmaker License

Database with over 350K UK singles

SMS Engine access with international reach

Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent

YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).

YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.

YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.

Management well resepcted and on website say are committed to:

http://www.yoomedia.com/financial_information.html

"YooMedia is registered with the Alternative Investment Market in the United Kingdom under ticker symbol YOO. We are committed to provide accurate and transparent information to our Investors and the financial community at large."

Yoomedia are NOT haemorraging cash. This IS a lie.

Soultions and Dating are PROFITABLE on a PTB basis. Gaming is close to EBITDA positive and new product launches are planned soon.

The article is a a COMPLETE misrepresentation of the facts.

I will not comment on the SP other than to observe if the EPS target of 0.8p is hit for this year, then SP will be over 20p, by yesr end. 2006 target is 45+ on broker EPS forecast of 2p.

If shares mag have genuinely made a mistake, with no hidden agenda, they have stupidly and unprofessionaly, read the 2004 results and projected that loss forward. What they should have done is realised the 2004 loss, has turned into a EBTIDA positve situation in 4 months, with two out of three divisions profitable in March.

It's a magazine article, that is all. A very poor one at that!

I haemorrage cash from flitting from share to share - I'm staying with this one.

Good Post IPublic.. I totally agree and usually I think the articles in Shares Mag are good but they do not seem to have done much research on YOO this time. It's almost as though they needed to add a piece on a share to sell and grabbed at Yoo without looking into it.
I think YOO will make a lot of money for those taht stick with it.
Di

Yet this is more positive after the results.


Citywire Verdict:
The company looks well positioned and management is optimistic about prospects this year as more viewers get digital TV access and the taste for its interactive potential. Interactive content for mobile devices could also provide the company with major opportunities.

There was a research blackout while YooMedia undertook its buying spree and its house broker Evolution has held publishing forecasts ahead of today's results. At the time of writing the numbers, which will give a better idea of the shares' attractions, have still not been released. However, YooMedia's prospects do look exciting and the current monthly turnover and break-even position are encouraging.

There are also plans for further cost cutting afoot and 3.6 million of annualised cost synergies have already been implemented for 2005.

this looks to me like a marketmaker shakeout testing resolve, no where in the last fortnight have i read any article giving negative sentiment till now.

These B! shares!!! - Always hyped - and always finding exciting new lows! I think it is very worrying that these are now below the private offering price of 15p last December. Clearly the market isn't convinced about YOO still. Maybe the directors are spending too much on motor cars yachts and piano lessons!

YOO need to release some RNS - they must (or should) be concerned about the sp! If they ignore the market these shares will be 7p next now they have broken the 15p support level. Why don't YOO release some of this wonderful news you keep finding? - IT DOSEN'T MAKE SENSE!!!

Taken from another board.



RNS was your words Trig not mine. There are many ways for the company to reassure the market & shareholders other than making a public announcement. But a response would be appropriate
I have just had a response from the Company. I am now comfortable and have been given assurance that the allegation that the Company is haemorrhaging cash is simply not the case.
The response was sent to me within 10 minutes of reciept of my email.
If anyone else is concerned I suggest you contact the Company yourselves.

I am now comfortable with my position - but dont listen to me or Trig or anyone else. If you have any concerns contact the company yourself.

Just in from YOO HQ.

"I have had any number of comments on this from concerned shareholders
this morning. I can only re-iterate that we are not haemorrhaging cash
and have attained EBITDA breake-even in March. Cash flow break-even
should follow shortly.

Best regards

Jonathan"

IP you should sent it to Shares mag!

I wish they'd post an RNS then! Shares mag need to have egg on their faces!

The comment in Shares Mag is very interestng given that last week Investor's Chronicle reviewed YOO's results and listed them as "good value".
Hopefully YOO will be contacting Shares Mag for an explanation of their comments. This is just the sort of amateurish research that you can expect from many so-called analysts.

Is anyone thinking of actually e-mailing shares mag about there statement? I just cannot fathom what is going on with this one. Im gunna hold though simply because I havent heard anything that substantiates YOO's poor SP performance.

Just got in. Many thanks to all those to answered my querie. I feel quite reassured as well as being a lot angry. What a load of dipsticks. I would have thought accuracy was fairly high on the list of attributes needed in such articles.
Am still holding for the long term .......as well as nursing an increasing loss.

Cheers

B2B

I made the comment on the SEO board recently that Plays of the Week comments had been allocated to trainees. Jeremy lacey himself criticised the comment and I apologised. I now find the comment was justified. That comment implied that SEO should be sold; a month later we have a more considered article advising SEO as a Buy. But then we get the YOO sell recommendation based on an obsolete reading of the results and some heresay reaction to the market. The SEO piece quotes the Evolution forecast. But Shares have not even looked at the Evolution updates of the 5th and 6th April for YOO. The latter states that YOO is EBITDA positive from March 2005. So the statement that the company is haemorrhaging cash is completely false.

I am not particularly concerned personally because I have done my homework, am happy with Evo's 20p forecast for the short term and that next year's results are forecast conservatively (why drop annual growth from 66% to 38%?). I am very concerned at the holders who have been shaken out this morning, presumably many because stop losses have been triggered. So Shares recommend a stop loss and then cause the stop loss to be triggered by a falsely advised share recommendation. They need to publish an apology next week together with a revised assessment taking into account Evolution's forecast. If no-one else is writing, I will do so and publish the letter here.

Eric

Eric

Please do.

Thanks

Thanks Eric, you are the small investor's champion (as in the investor that is small not you, lol). It's reassuring to hear your views along with the other excellent posters on this thread such as iPublic. This share really has got me scratching my head thinking what more news and potential does there need to be for the SP to actually go up. I'm holding long but don't want it to be that long :-)

SH

OK! Will do so when I get back in this evening, nicely inebriated with a good red wine. My size is middling; my investments are middling; but hopefully I punch above my weight!

ER

Thanks a lot Eric.