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.

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.

1) Until such time as there is some form of track record upon which to rate the new enlarged business the price will remain volatile.

2) Retail find reading Shares Magazine easier to understand than financial results & brokers notes.

3) The price should drift further when more people have had a chance to pick up Shares Magazine.

4) EVO may still have a very large overhang.

5) There may be a large amount of institutional shares to be sold above the 15p mark and this may be making it difficult to increase the share price.

6) To remain competitve the company will need to take whatever steps are necessary.

7) 21m turnover & 1m paid in bonuses????? Bonuses should be paid out of profits.

8) It is not Shares Magazine who set the price.

9) IMO what was said in Shares Magazine contradicts what the chairman had to say. Shares Magazine therefore, IMO, do not belive what the chairman has said.

The Gull

I agree in general terms to what you say however Shares Mag have made the comments with no detailed backup. Given that previously they rated YOO as a buy they have a duty to their readers and investors to explain the comments they made. Their opinion is rapidly becoming a joke. I believe that YOO are in at the start of the digital revolution and I am holding my shares.

No smoke without fire in my opinion! YOO need to release some news to counter the Shares story - otherwise it looks like they are right. YOO have been far tooo quiet in the last 3 months.

It's all very well buying every company in sight but they do need to work their butts of to make it work - I don't know how focused the directors are on making this a winner.

I am selling the bastard things for the last time! - Maybe I will nibble again below 10p which is where these crummy things are headed!

Thats it, Im out with the biggest loss I have ever incurred. But this one is only going to go down or sideways at the best in the short term. May dip back in later if things brighten up. Sometimes you just have to swallow your pride and bite the biscuit.

I sold my remaining YOO just now and bought more SEO. YOO (POO) Media has cost me an absolute packet! I have lost loads on them.

I don't like the way this share looks and I don't find it easy to have faith in the directors for many many reasons....

Good bye YOOmedia - you can't hurt me any more now........

An excellent contrarian sign!

Poverty

You are choosing to ignore facts I've already posted, including the e.mail from FD. With the directors owning 25%, there hard work is assured!

Chad

Bear markets can get to you, I know.

Good luck to your both.

When my funds of 14600 arrive in my SIPP in two weeks, I will place the lot in YOO. The market forecast is for EPS 2006 2P, A 50% miss will STILL give a SP of 30p, assuming a PE of 30. A hit and it's 60p.

If you can't wait, that's very disappointing.

Why did you sell, apart from the fact they are falling? That is no reason!

you've been ramping these up (or down!) from 30p
falling sp is exactly the right reason to sell
there is no point in holding YOO shares until the trend changes
why sit on a losing bet when you can hop on a winner...
unless you cant cut your losses....in which case, you're in the wrong game.

look, lets be realistic. the sp is sliding but there is a story there.

what we need to see is some followup announcements and a repeat of the 8million revenue stream this month.

once we are looking at an annualised 100m t/o with growth and an ebita and cash flow positive company then the valuation may indeed be cheap right now.

focus on this...the area they operate in is relatively embryonic. we all have sky and have all, at some time pressed the red button (football first for match choice and nothing on the naughty channels!).

this is the start of something and i just think that to get the sp moving we just need to see revenues and prospects matching a fairly large sp. this is a catch the falling knife senareo BUT once these start to climb on tangible numbers then i think that low will be a multi year low going forward.

one mans simple and humble spiel who is thinking about a chunky investment.

rgds
PT

I agree
and once the share price moves upwards YOO will be a good long.
until then...its a brilliant short.

01622

Yes, but which winner? How do you know it's a winner in advance? What happens if what you buy falls and YOO rise? Then you are stuffed! What about stamp duty?