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yoomedia share for the future (YOO)     

mactavish - 10 Sep 2004 22:20

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.

EWRobson - 26 Apr 2005 12:30 - 1192 of 3776

proptrade: Evolution estimate that revenues are growing at an annualised 66%. As house brokers, this is as close as possible to being official. Therefore, the company is almost certainly cash flow positive from now on.

andysmith: to make the same point twice is one thing, but to make it three times has to be overkill! Your point about raising the same amount with fewer shares is reasonable and it was the way I was thinking. However, Evolution, underwriting the offer, clearly would not do the placing at higher than 15p. I guess the reasoning was probably that Yoo were loss-making and were reversing into another loss-making company. The Evolution analysis of 5th April is very thorough indeed and I have come round to the conclusion that their action was correct. Its interesting to note that the current Nomura rights issue for AZM (Alizyme) has gone pear-shape with the sp dropping below the asking price of 1. AZM get their money, presumably, as the issue is underwritten. I can understand the reason there because, whilst they have at least one blockbuster drug and it is past the major risk stages of clinical trials, it is still several years from the market.

What is surprising with YOO is that the sp has fallen below the placing price. You can understand the disappointment of private investors who were not party to the placing. However, I get the impression that YOO is somewhat ahead of the financial projections put forward with the placing, based on the additional cost saving synergies found. My conclusion would be that the share has bottomed out although it may not pull away until the next quarter's trading statement, presumably July, or some positive RNS announcement. Evo's target is 20p which I think is a 5-month view. For me that is moving into profit, whereas for a new buyer it is one-third profit and worth having.

Eric

proptrade - 26 Apr 2005 13:54 - 1193 of 3776

having been stuck with US$100 million of a rights issue gone wrong on my books i can tell you first hand that the bankers at Nomura will NOT be sitting comfortably.

I like YOO but feel that, agreeing with EWR, that it may ahead of itelf or at least bottoming out. still waiting...

EWRobson - 26 Apr 2005 18:08 - 1194 of 3776

proptrade: my point is that YOO probably has been ahead of itself on more than one occasion in the last couple of years. However, it is now behind itself, to coin a phrase: given that the 15p placing price was fair and reasonable, it has already performed ahead of projections at that time and should be somewhere between 15p and the target pice of 20p from evolution. The drop below the placing price was initiated by a small investor sell-off after the Shares sell recommendation the week before last; I would hope, indeed expect, that there will be a retraction this week. For anyone who was not reading the bb at the time, the error was a statement that YOO were haemorraging cash: this was true at the year end but they had claimed positive earnings in March, not acknowledged by Shares but clearly spelt out by Evolution whom Shares normally make reference to.

Eric

016622 - 27 Apr 2005 22:07 - 1195 of 3776

things will change when yoo REPORT cash positive is in the bag...
then we'll buy some more!

iPublic - 27 Apr 2005 22:25 - 1196 of 3776

FD told me we already are, so..........

EWRobson - 27 Apr 2005 22:31 - 1197 of 3776

Definitely in the bag: FD said so; Evolution said so; iPublic said so. Just need a nice positive RNS saying onward and upward. Or is the problem that no one is listening any more? Everyone has gone mad, chasing things like White Nile. Everyone is loving a gamble but are they investing in the sure fire winners like YOO and GMC. Its shorttermitis. Sorry, can't stay - have to go and watch newsnight!

Eric

mactavish - 28 Apr 2005 12:24 - 1198 of 3776

New poker channel is supposed to be launched tomorrow, wonder if we will get a RNS.

016622 - 28 Apr 2005 16:33 - 1199 of 3776

is that yoo again ip with the 250k purchase after 4pm?????

iPublic - 28 Apr 2005 16:56 - 1200 of 3776

016622

No not me, but it's been occuring for several days now. Good to see an institution buying in and clearly there is no overhang, as order is being filled in 'bits' day by day, whenever any retail investors decide to sell a few out of boredom. Institutions eat players like this for breakfast!

EWRobson - 28 Apr 2005 17:11 - 1201 of 3776

Well, Shares have chicken out again. No acknowledgement of their error in stating that YOU were haemorraging cash. You can understand that they do not enjoy admitting an error but you would respect them more if they did.

Eric

willfagg - 29 Apr 2005 11:06 - 1202 of 3776

We complained when the institutions were gifted shares at 15p ! Now today they are 13.25P!I remain convinced about the company and its prospects but can no longer make any sense of this price. In addition am now sitting on a tidy loss. My planned purchase of a"roller" may have to change to a Skoda!!!

016622 - 29 Apr 2005 11:14 - 1203 of 3776

willfagg
got a skate board for sale?

moneyplus - 29 Apr 2005 11:43 - 1204 of 3776

Patience-patience! We need to get the election out of the way and wait for next trading update or results. I have noticed nearly every tv programme has some sort of viewer phone in now--if Yoo are involved in only a few we'll get the rollers soon! cheers MP

willfagg - 29 Apr 2005 13:40 - 1205 of 3776

well i guess if its a skateboard or a Skoda?........ill go upmarket and take the skateboard!difficult times what with this and WHOG nerves are being tested.I feel like the soothsayer in Frankie Howards "Up Pompeii" (showing my age...i watched it from the pram!)constantly "saying Woe Woe and thrice woe"
Still weekend coming so Bxxxxxxs to everything, I will go find the inside of a nice bottle of pinot noir.

EWRobson - 29 Apr 2005 14:18 - 1206 of 3776

willfagg: great sentiments re the pinot noir. But at 13:40? Could be on a drunk in charge of skatebaord (DICOS) charge - very serious! Almost as serious as being a holder of YOO shares! How long is your faith, mp?

Eric

moneyplus - 29 Apr 2005 14:25 - 1207 of 3776

I expect the next lot of results to be the real turning point--if not I'll bow to greater expertise. or maybe I'll do an ipublic it depends!! have a good weekend all. MP

moneyplus - 29 Apr 2005 14:25 - 1208 of 3776

I expect the next lot of results to be the real turning point--if not I'll bow to greater expertise. or maybe I'll do an ipublic it depends!! have a good weekend all. MP

moneyplus - 29 Apr 2005 14:25 - 1209 of 3776

I expect the next lot of results to be the real turning point--if not I'll bow to greater expertise. or maybe I'll do an ipublic it depends!! have a good weekend all. MP

willfagg - 29 Apr 2005 15:53 - 1210 of 3776

maybe I am looking for share price movements to be too scientific? This coulsd just be a lot of guys who like us thought YOO was the next shooting star deciding that in the short term their money will make more invested elsewhere, which i dont disagree with.I think this is now medium/long play with exceptional potential.

willfagg - 29 Apr 2005 15:54 - 1211 of 3776

what peeves me is that i did not get in at 13p!I would be ecstatic!
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