moneyman
- 20 Jul 2003 23:02
Yoomedia ( www.yoomedia.com) are looking for a slice of a 6 Billion pound government payout to provide the likes of interactive voting from your remote control.The market cap could explode if the company wins a slice of the pie.It has recently set up a new division to expoite the tremendous opportunity that this sector has to offer.
A must have share for the long term.Very illiquid stock which translates to relatively small purchases moving the price rapidly.If a big player takes an interest this could honestly move beyond our wildest dreams.
Treblewide
- 29 Sep 2006 10:57
- 112 of 172
maestro...losses increase yet again.....i thought they were going to be cahs flow positive two years ago?
market does not like it either....there is blind optimism and then there is pure stupidity......guess which one you are verging on?
maestro
- 29 Sep 2006 11:24
- 113 of 172
rubbish! gambling arm in profit by o.7m...good enough for me
Treblewide
- 29 Sep 2006 11:30
- 114 of 172
what are you on about ya loony...losses for group for 6 months at 6M.....sales down 33%...shae price down 25%...no cash left....but hey its ok...one division made a profit
maestro
- 29 Sep 2006 11:33
- 115 of 172
dating site made a good profit ya city pillock
Treblewide
- 29 Sep 2006 11:35
- 116 of 172
sorry...what about the 6M loss...and 33% decrease in sales as a group?
maestro
- 29 Sep 2006 11:42
- 117 of 172
what do you expect...restructuring the business....cash machine now
2517GEORGE
- 29 Sep 2006 11:48
- 118 of 172
It will be interesting to see if the directors buy @ these levels, and do they have any holdings at present?
2517
maestro
- 29 Sep 2006 12:04
- 119 of 172
i think one of them bought 500k at 1.5p
Treblewide
- 29 Sep 2006 12:15
- 120 of 172
:-) you guys are brilliant
tvc15
- 29 Sep 2006 13:22
- 121 of 172
Deloitte's say;
"Going concern - Emphasis of Matter
In arriving at a review conclusion, we draw attention to the disclosures made in note 1 of the financial information concerning the company's ability to continue as a going concern. The group incurred a net loss of 5.9 million during the period ended 30 June 2006 and, as of that date, the group had net current
liabilities of 6.5 million. These conditions, along with other matters as setforth in note 1, indicate the existence of a material uncertainty which may cast
significant doubt about the company's ability to continue as a going concern.The financial information does not include the adjustments that would result if
the company was unable to continue as a going concern as it is not practicable to determine or quantify them."
It doesn't get any clearer than that. It is much stronger than the one in May.
No talk this time of being cf+ this year. They are near the limits of their facilities. I think they are going to run out of cash.
Trading has been worse than a year ago.
S-P were expecting a loss for the year of 3.43m. They announced a loss of 5.975m for the first half. The management say;
"It is unlikely that the full year result for 2006
will be ahead of market expectations "
They are right about one thing then.
This announcement is full of very nasty surprises, and I don't think they have finished there for one minute.
tvc15
- 29 Sep 2006 13:45
- 122 of 172
The renegotiated terms between Yoo and William Hill were supposed to make a big impression on this years results, what was the income from Buds world cup campaign?whatever they were they cant have been much because sales went down 33%, and losses doubled to 6 million,
when will this company tell us the truth?
when they have issued results in the past at least they have offered jam for the future, now they have offered a worse trading statement for full year results.
Not even any jam left!!!
A COMPLETE CROCK OF S***
Dil
- 30 Sep 2006 08:51
- 123 of 172
Well said mate ... this lot are living on borrowed time.
john50
- 30 Sep 2006 08:57
- 124 of 172
afraid i have to agree
Scripophilist
- 01 Oct 2006 12:23
- 125 of 172
I find it remarkable that people have continued to talk up this company for some time when it has been obvious for ages that everything was headed in only one direction. Psychology is a strange thing, saying OK I was wrong or taking a loss in a desperate situation appears to be second to defending your position and hanging on until the grim death.
tvc15
- 03 Oct 2006 12:01
- 126 of 172
Yoomedia PLC
03 October 2006
YooMedia plc (the 'Company' or 'YooMedia')
Additional Listing
The Company was notified on 28 September 2006 that Platinum Partners Value
Arbitrage Fund LP ('Platinum') have served a Loan Notice for the exercise of
3,571,428 ordinary shares at 1.68p per share. This loan notice also contained a
request for a further 21,877 ordinary shares relating to currency fluctuations
relating to the exercise notice served on 8 September 2006. The service of the
Loan Notice was in accordance with the terms of the Convertible Note announced
on 11 May 2006.
In addition, Highbridge International LLC ('Highbridge') has also served a loan
notice, in accordance with the terms of the Convertible Note announced on 11 May
2006, for the exercise of 3,571,428 ordinary shares at 1.68p per share.
Application will be made for 7,164,733 ordinary shares to be admitted to AIM and
dealings are expected to commence on 9 October 2006.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
maestro
- 04 Oct 2006 07:13
- 127 of 172
Yoomedia PLC 04 October 2006
YooMedia plc / Index: AIM / Epic: YOO / Sector: Media
4 October 2006
YooMedia plc ("YooMedia" or "the Company")
EGM Statement
YooMedia, the AIM-traded interactive media and games group, held an Extraordinary General Meeting ('EGM') yesterday (3 October 2006) and all resolutions were duly carried. At the meeting, Chairman Michael Sinclair said:
"We are beginning to see the benefits of the recent period of reconstruction in the performance of the core business and we expect that this will translate into a strengthening in the Company's financial position in the future. The action taken was aimed at strengthening the balance sheet and re-positioning YooMedia's product offering to capitalise on growing opportunities within the interactive media market. In the current climate, I think that it is important to reiterate that the Company does not take bets from outside the UK and therefore does not have any exposure to the US gaming market."
Dil
- 04 Oct 2006 22:21
- 128 of 172
lol .... and the band played on
tvc15
- 06 Oct 2006 08:35
- 129 of 172
Article in the Evening Standard based on a letter from a former owner of Dating.
"The sound of knives being sharpened must be deafening among the shareholders of Yoomedia - judging by the emails landing in the Cityspy inbox.
One writes that she bought 100,000 of shares in 2004 and they're now worth "a paltry" 13,000. What's causing most annoyance is the bullish statement from the AIM-listed interactive media company in July this year, saying "we have also seen new business lines emerging into revenue ands profit streams for this year" and the firm was "cashflow positive" in the first quarter, and the one issued last week, disclosing widening losses and warning that full-year results would not be ahead of market expectations. It will be interesting to see if yesterday's claim from Chairman Michael Sinclair that "we are begining to see the benefits of the recent period of reconstruction" silences the critics..."
maestro
- 06 Oct 2006 08:43
- 130 of 172
sound like a bunch of lieing YOO boys
mcgrath1958
- 06 Oct 2006 11:38
- 131 of 172
Seems like the Rats are leaving a sinking ship! Nearly 4 million sold , am surprised SP hasn't dropped to 1.25.