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.
proptrade
- 16 Jun 2005 14:40
- 1485 of 3776
wow. here is the latest...anyone out to sue the company????
Yoomedia PLC
16 June 2005
For immediate release
16 June 2005
YooMedia PLC ('YooMedia' or the 'Company')
Trading Update
Yoomedia plc today announces that, whilst significant progress has been made
since the acquisition of DITG at the end of 2004, and strong performances have
been achieved by a number of its business divisions, Yoomedia's Games & Gambling
division has experienced lower than expected profit growth, leading to a
revision of the forecast outcome for the full year. As a result the Directors
believe that the results for the year ending 31 December 2005 will be
significantly lower than the Directors had originally anticipated.
Overall, the Company achieved its initial objective of EBITDA break-even in
March this year and has continued to be EBITDA positive. The Directors believe
that the Company will be cash flow positive during the third quarter of this
financial year. Under the Company's banking arrangements, the Chairman has
agreed to replace a guarantee over an element of the facilities previously
provided by a former chairman and director of DITG.
The Company announced the appointment of Neil MacDonald as Group Managing
Director last week. Alongside the other directors, he will be focusing efforts
on the core business streams and key growth initiatives. Yoomedia operates in
several high growth markets and will be announcing and launching a range of new
offerings in these during the second half of 2005. Particular emphasis will be
on new gambling and dating services for the latest generation of digital TV and
mobile phone networks and new interactive TV formats.
Enquiries
YooMedia plc
Michael Sinclair/Neil MacDonald 020 7462 0870
Powerscourt PR
John Murray/Kirsty Black 020 7236 5615
moneyplus
- 16 Jun 2005 15:16
- 1486 of 3776
sp off a cliff now!! Dil you were right I bow to your superior knowledge and experience---there seems to be an avalanche of buying going on despite the sp down and the bad news. sick-sick-sick!!
merrickman2
- 16 Jun 2005 15:19
- 1487 of 3776
Falling Knives - everybody jumping in to catch for a dead cat bounce.
proptrade
- 16 Jun 2005 16:04
- 1488 of 3776
anyway, Dil....anything to add??!!!
Dil
- 16 Jun 2005 16:06
- 1489 of 3776
Do you still want me to substantiate my post queen1 ?
Sympathy to those holding including you queen1 but fwiw I still think they are are a huge risk even at this price , still 100% downside if you buy in now.
Dil
- 16 Jun 2005 16:07
- 1490 of 3776
proptrade ... pile of crap.
proptrade
- 16 Jun 2005 16:21
- 1491 of 3776
Dil - no gloating please....
i have three words to say though...yoo said it!
i also commiserate with holders. this has happened to me a few times and will happen again. take the stock off your screen and trade elsewhere tomorrow. only way to get on with things. you are not alone.
merrickman2
- 16 Jun 2005 16:28
- 1492 of 3776
There is nothing worst than holding and watching a share crash. I am now in the dubious position of being a holder (bought at 3.5) but these are still high risk and only worth bottom draw hold.
Dil
- 16 Jun 2005 16:29
- 1493 of 3776
proptrade ... I got a shedload of Energis shares I could let you have cheap.
Happens to us all but its what we learn from it that counts.
akel44
- 16 Jun 2005 16:40
- 1494 of 3776
who ever runs this thread should not be ashamed to put up a graph,
proptrade
- 16 Jun 2005 16:47
- 1495 of 3776
Dil, too true. i have been trading for 10 years and am still learnind every day.
akel44
- 16 Jun 2005 16:55
- 1496 of 3776
only a month or two ago the directors were buying these
shares in double figures,have they really got it that wrong?
proptrade
- 16 Jun 2005 17:02
- 1497 of 3776
that is why i think something fishy was going on.
akel44
- 16 Jun 2005 17:07
- 1498 of 3776
i think i will put these on my watch list.
Dil
- 16 Jun 2005 18:18
- 1499 of 3776
Trying to catch the bottom is a mugs game Akel , more bad news to come methinks.
jimwren
- 16 Jun 2005 18:43
- 1500 of 3776
the most likely bad news will be another call for cash either through a rights or open offer. Some really pissed off institutions about me thinks.
paulmasterson1
- 16 Jun 2005 19:03
- 1501 of 3776
Hi All,
31 million bought, 9.8 million sold, says it all really, average down, big bounce tomorrow.
As it says on sharecast ....
LONDON (SHARECAST) - A profit warning from interactive TV group Yoomedia sent shareholders into a frenzy today as the group warned results would come in significantly lower than expected.
Yoomedia said its Games & Gambling division has experienced lower than expected profit growth, making it revise its forecast for the full year to December.
The warning overshadowed news that the group has made significant progress with the acquisition of DITG at the end of last year and a strong performance by a number of its business divisions.
Yoomedia said it has continued to be EBITDA positive and that its directors still expect the group to be cash flow positive during the third quarter of the current year.
Value always returns, and these are now very undervalued. Only one division of the business is not doing well, the rest IS doing well, and that is why the value will return. Cash flow positive within the next 3.5 months, means these are a bargain, because when that news arrives, 10p+ will be the price, heading back to 20p by year end.
EVO's last price target in April was 20p, I expect them to reiterate that in a note tomorrow.
In today for 230,457 @ 4.02p average.
Cheers,
PM
moneyplus
- 16 Jun 2005 20:12
- 1502 of 3776
Thanks for those crumbs of comfort PM--can't do anything other than wait!! You're a brave man to buy that many-hope it pays off for you. I did pick up another 20000 at 4.50p mid afternoon but that's all my spare cash in now.
paulmasterson1
- 16 Jun 2005 20:39
- 1503 of 3776
Moneyplus Hi,
No worries :)
I thought 50% down was crazy, so I bought 96,000 odd at 4.5, then I waited and saw the price drop to 69% down, which is extreme madness based on that trading statement, so I bought another load at 3.54p, ending up as I have with 230,457 @ 4.02p
There is so much going on at YOO, and if directors can buy at the moment, I think we will see them buying loads at these levels, and ping, back to 8.5p no problem.
Then there are bargain hunters, who like me, know this company is so undervalued at 8.5p, let alone 4p, they will be buying tomorrow.
Even considering the number of people who bought in over the last 6 months, from 20p down to 8.5p, you can bet that many will be buying first thing in the morning, to average down by a good margin, and that will also clear stock from the MM's, and help push the price back where it belongs.
It's a no-brainer of a bounce coming, and if buy volume is good, we could see 8p to 10p either tomorrow or Monday.
Just to show how much I already know about Yoomedia, I have started to create a Yoomedia Research website, similar to my Stanelco Research website, I have been very busy lately, but I will get it done soon, when I have more time on my hands.
Check out both sites here, the Yoomedia website will be as full as the Stanelco one eventually :)
http://www.yoomedia.devisland.net
http://www.stanelco.devisland.net
Cheers,
PM
paulmasterson1
- 16 Jun 2005 21:07
- 1504 of 3776
Check out these charts, they show how oversold YOO is right now, because the price was already at or near the bottom of the trend, before todays crazy drop !!!!
One Year Chart
6 Month Chart
3 Month Chart
Chart with 'oversold' indicators
Cheers,
PM