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.
moneyplus
- 17 Jun 2005 15:52
- 1570 of 3776
I'm hoping that PCM will be the Asian ASC--look how that one rocketed up! too late for me though I missed the ASC big rise and am still sitting on a loss.
moneyplus
- 17 Jun 2005 15:53
- 1571 of 3776
sorry YOO holders I've gone off thread--back to YOO watching now.
Dil
- 17 Jun 2005 16:25
- 1572 of 3776
cavman , ask mac to put a chart in the heading .... thats evidence enough.
Weren't the directors buying at much higher prices not so long ago ... so just goes to show that they are useless investors as well as anything else you can think of that they may be useless at.
Question still stands ... anyone know how many they held for next to nothing when the company floated ?
And how much are they paying themselves to preside over this fiasco ?
All this research and no one can answer !
Dil
- 17 Jun 2005 16:28
- 1573 of 3776
And hands up ... who watches Avago ?????
Dil
- 17 Jun 2005 16:35
- 1574 of 3776
And which silly buggar is going to try and convince us first that the 4 million T trade at 4.06p is a buy ?
paulmasterson1
- 17 Jun 2005 18:40
- 1576 of 3776
Nice to see YOO trading 10.55% of its issued shares today, and the majority by a long way were bought !
The last EVO brokers note had nothing but good data, huge growth, expansion into new areas, everything going great, and the trading statement says that ONE DIVISION is not performing as well as they hoped, but THE REST IS, so wiping 60% off the MCap, 30,000,000 to be precise, was a big unjustifiable over-reaction by the MM's, and they are paying for it, by selling their old stock at a loss, and are now trying to build up a load of cheap stock, to sell back to you when the price goes back up to 9p+
Loads of BIG T trades, whats the betting that Monday will see another Director Buying RNS, saying other directors bought MILLIONS today ?
They know things you don't, and they are buying, that makes this a no-brainer buy on it's own, without the fundamentals showing that YOO is still growing very fast, even though one division is not going as well as expected, they will still be cash flow positive within three months.
Those who lost money by buying too high, and selling too low, could make their losses back here, rather than posting drivel, that will be another loss to them.
Those who bought high and are still in, know why they bought, and know why they are staying, if they did their research first that is. YOO is still going to be a takeover target, and could still hit 50p maybe even 1 within the next 18 months.
Yoo at 4p ask is a bargain !
Cheers,
PM
paulmasterson1
- 17 Jun 2005 19:40
- 1577 of 3776
Cavman Hi,
Re - "what is the hard evidence for YOO being a bargain to buy now?"
The reasons Directors buy .... the reasons you should buy ....
YOO get ALL THIS for a measily MCap of 17.6m, when it should be 50m+
Michael Sinclair
Chairman
4 April 2005
2004 was the year in which YooMedia made the greatest strides yet
in creating the UKs biggest independent interactive media company.
Your company now has a critical mass of proprietary interactive TV
and mobile technology and creative content skills, enabling it to grow
rapidly on all digital platforms, particularly in its core areas of gaming
and dating. It also now provides interactive solutions for blue-chip
broadcasters (including the BBC and ITV), brands (Nestland
William Hill) and public sector institutions (the Department of Health
and the Northern Ireland Office). It has become a market leader in
real-time interactivity, not least through its mobile phone timestamping
technology, which gives it the capacity to make television
interactive in every home in the UK.
During the course of last year, YooMedia underwent the
transformation from a small pay-per-play games and chat business
on the Telewest cable platform, with an annual turnover of 750,000,
to becoming the only interactive company providing services on all
four UK digital platforms Sky, ntl, Telewest and Freeview with
250 employees and monthly revenues in excess of 8m. The Group
also extended the reach of its services onto PCs and mobile phones,
allowing our consumers access to our content and services
wherever they are and whenever they wish.
YooMedia now runs three gaming TV channels, including Avago, the
worlds first interactive gambling channel, as well as a major gaming
portal on the satellite platform that supports ten TV channels and
offers games such as roulette and poker (play for fun). YooMedia has
leveraged its TV strengths by launching Fancy a Flutter as a fixedodds
betting website, and Avago fixed odds gaming on the mobile
network 3. The Group intends to launch Avago-branded casino and
poker services online in the summer of 2005.
YooMedia has entered into a long-term agreement with William Hill,
the UKs leading bookmaker, to operate Channel 425, a sports and
fixed odds gaming television channel. The channel has recently
expanded its programming schedule to include poker content, which
is supported by an interactive play for fun poker game provided by
YooMedia. The company also runs YooPlay, a games channel that
uniquely operates across all digital television platforms.
In the period since 30 September 2004 our gaming division has
seen 50% growth on a like for like basis in monthly revenues and a
substantially improved gross margin.
The Group owns and operates the UKs biggest dating company,
which includes Dateline Britains best-known and oldest computerdating
brand. Our dating brands have been successfully relaunched
online and will be developed as mobile services in the summer of
2005. In the next twelve months, the Group intends to launch dating
TV services, both in the UK and in the US.
The dating division has shown good growth in both revenues and
margin since 30 September 2004 on a monthly basis. In addition, on
the internet, Dateline has increased revenues by 50% between the
fourth quarter 2004 and the first quarter 2005.
The Group is by far the biggest independent interactive solutions
provider for digital television. It currently provides technology and
software services for thirty-three TV channels, some of the UKs
biggest television shows (Who Wants to Be a Millionaire, Come
and Have a Go If You Think Youre Smart Enough), interactive
advertisers, such as Honda, and interactive public services
television with the Department of Health and the Learning and
Skills Council.
Within the Digital Solutions Division revenues have doubled since
September 2004 whilst margin has grown by some 400%.
YooMedias transformation was the result of organic growth and
successful strategic acquisitions, the most important of which were
the purchases of the Digital Interactive Television Group and The
Gaming Channel (together DITG). At the time of the acquisitions,
YooMedia also raised further funds to advance the group and we
were pleased to welcome as shareholders a number of new large
institutional investors.
Prior to the acquisition, the combined group would have reported
pro-forma losses of more than 700,000 for November (as
measured by earnings before interest, tax, depreciation and
amortisation EBITDA) and at the time of writing, we believe we
have met our target of EBITDA break-even by 31 March, and that we
will continue to grow organically throughout the rest of 2005. This
turnaround has been achieved by a mixture of cost savings the
combined group has already implemented annualised cost synergies
of 3.6 million for 2005 and margin growth.
Since the year-end, the company has entered into an agreement to
acquire the balance of the shares of ViaVision Limited, having already
acquired 15% with the acquisition of DITG. ViaVision is an interactive
broadcasting company operating Game-In TV and Exchange and
Mart TV. As a result of this acquisition, YooMedia will operate
PokerzoneTV, the new name for the existing Game-In TV channel.
YooMedia will provide interactive services for this channel through
the red button on Sky and via mobile devices.
The Group also strengthened its Mobile division in July, through the
acquisition of Whoosh Group Ltd, an award-winning mobile phone
marketing and technology company, with patent-protected and
proprietary solutions. Whoosh has brought a strong and growing
reputation in the innovative use of the mobile phone as a return path
for television. As well as the BBC and ITV, YooMedia mobile has
recently won contracts from Sky One and Sky Travel, and soon will
enable viewers watching Sky Sports in more than 30,000 licensed
premises to interact with the programming.
We are also expanding our mobile portfolio with video and text dating
via mobile phones, and by increasing our SMS and next generation
mobile gaming presence.
Each of our business units has performed well during the year and
all of them are strongly poised for growth. YooMedia is now well
positioned to exploit developments in broadband TV technology,
which allows for a much richer interactive experience on digital
television platforms, not least through our joint venture with ICTV,
which is trialling broadband television on ntls cable network.
Our board was strengthened by the arrival of John Swingewood, the
guiding light of DITG, as deputy chairman, and his colleague Jeremy
Fenn, as a non-executive director. On the management front, we
gained the expertise of Neil MacDonald, who has become deputy
chief executive of the enlarged group.
As a result of the merger with DITG, a number of your directors
stepped down from the board and I would like to thank Bernard
Fairman, Lord Evans, Andrew Fearon, Eddie Abrams and Paul
Stacey (as secretary) for the great contribution they have each made
to the growth and development of YooMedia. Eddie Abrams, of
course, remains a key figure in the senior management of the Group.
I would also like to note, with immense regret, the tragic, untimely
death of Martin Graham-Scott in a car accident during the summer
of 2004. He came to the Group upon the acquisition of Fancy a
Flutter and Im pleased to report that the business which he created
is now prospering within our gambling division.
In summary, the leap forward we made by merging with DITG has
taken YooMedia to a new level, building on the progress we had
already made over the past couple of years. The merger has lived up
to our expectations and the two businesses are already integrated,
resulting in benefits in terms of scale and synergy. We look forward
with relish to the opportunities ahead.
paulmasterson1
- 17 Jun 2005 19:49
- 1578 of 3776
Hi All,
Anyone who posts on 'other' YOO BB's, has my permission to copy my last post to those BB's.
Also "monthly revenues in excess of 8m", and turning a monthly profit within the next 3 months, there is no way YOO should be 17.6m.
Cheers,
PM
The Gull
- 17 Jun 2005 20:11
- 1579 of 3776
EWr I public
Lets hope the overhang is lifting to make way for clear skys.
As ever, more trading days are needed.
+450m shares in issue
-166m (saying 100% of shares taken before relisting including Scottish!)
-------
+284m
- 45m (Lloyds, Superannuation & Perpetual)
-------
+239m
-120m (DITG portion locked in until 2006)
-------
+119m
- 30m (max bought buy ordinary share holders in the last 2 months)
- 30m (institutions of less than 3% guess and the only debatable number here)
-------
60m shares not placed
paulmasterson1
- 17 Jun 2005 20:24
- 1580 of 3776
The Gull Hi,
Thanks for those figures, which make it even more amazing that 49,510,555 were traded today !!
Also Directors hold a few ....
Following these purchases Leo Noe has a beneficial interest in 16,100,000 Ordinary Shares and Michael Sinclair has a beneficial interest in 26,700,660 Ordinary Shares, representing 3.43 and 5.69 per cent respectively of the current issued share capital of he Company.
Monday should see more solid gains, maybe .5p a day will do for now, until the price gets back to 8p-9p, and the day traders will push it there.
Cheers,
PM
The Gull
- 17 Jun 2005 21:36
- 1581 of 3776
Hi Paul
-Thats what I could work out at around 17.5p in Feb 05. My opinion is also about 20-30m to go. But just an opinion.
+My opinion is also a present market cap of 18.4m. Then what was DITG bought for & what was the value of the company 'YooMedia' before it bought DITG?
-My opinion is also that L Noe is one of the top 180 richest people in ... & 100k to such a person is...to a A Another.
-Why is it that fancy a flutter is, at present, not accessble through the YooMedia website?
?When does the patent pending become patented? What are the chances of someome else having innovated upon this patent in the interim? What if the licence to the patent was held by..... in a personal capacity on and behalf of.... ?
A well what the f.... a planet to saviour & let the future bear the truth.
paulmasterson1
- 18 Jun 2005 08:30
- 1582 of 3776
The Gull Hi,
That 20m - 30m will go easily on Monday :)
Prior to DITG YOO was a 750,000 P.A small company, now it is an 8m per month company, and growing at rates 99% of other companies would be jealous of, and looking to be making a monthly profit within 3 months.
I expext L.Noe and The Dr to buy more and more, until the price recovers to 8p, and RNS on monday as per yesterdays is probable.
Fancy a Flutter is available through the Yoomedia Website, from this link, although it seems to be 'experiencing problems', not good for a Saturday !
http://www.yoomedia.com/gaming.html
Patents take a long time to aquire, several(5 or more) years in fact, so when were they applied for ?
Loads of product rollouts ahead, on all platforms something is happening, revenues will increase, profit will increase, and by the end of the year, Yoomedia may well meet or exceed it's targets, contrary to the 'trading update' of last Thursday, but the Management can only go on current revenues for that 'trading update', not what they might hope to see after all those extra's are in place, so the directors will continue to buy at these levels, because they can see roughly the same picture as me, growth and profit, more than before, and more than current.
Cheers,
PM
Dil
- 18 Jun 2005 08:30
- 1583 of 3776
Someone ask that bullshitter Paul if he knows the difference between profit and cash flow positive.
And would you believe this bunch after recent events ?
paulmasterson1
- 18 Jun 2005 08:43
- 1584 of 3776
Still not listening to personal abuse and YOO bashing.
Dil - 18 Jun'05 - 08:30 - 1582 of 1582 (Filtered)
paulmasterson1
- 18 Jun 2005 09:25
- 1585 of 3776
As I said earlier, the only losers at this price are the MM's, because they paid you a lot more for these shares, and if any of EVO's stock(they are the one's holding the price down) is from the placing they are selling them at 4p when they paid 15p for them !!!!
Also why is YOO now only valued at 17.6m, when they paid 28m for DITG, and have transformed that company from loss making, with big loans, into break even in FOUR MONTHS, and a smidgen away from profit making in SEVEN MONTHS.
The value will return very soon, no fund manager will miss those facts :)
Further to the announcement on 10 November 2004, YooMedia plc ('the Company'), the interactive entertainment and media group, today announces it has agreed to acquire the entire issued and to be issued share capitals of DITG and TGC. The total consideration for the Acquisitions is up to 28 million, to be satisfied by the issue of up to 120 million Consideration Shares (including Deferred Consideration Shares), the payment of approximately 5.3 million in cash and the repayment of loans due to certain of the Vendors from the Target Group totalling approximately 4.7 million.
In addition, YooMedia plc proposes to raise 25 million (gross) by way of a conditional placing of a further 166,666,667 Placing Shares in the Company at 15 pence per Ordinary Share. The Placing has been fully underwritten by Evolution Securities. Of this gross amount, approximately 10 million will be used to provide funds for the payment of the cash element of the Acquisitions and the balance, net of transaction expenses, is for ongoing working capital requirements for the Enlarged Group.
Cheers,
PM
Dil
- 18 Jun 2005 09:56
- 1586 of 3776
And if you believe the mm's are losers then your a bigger pratt than I first took you for.
moneyplus
- 18 Jun 2005 11:06
- 1587 of 3776
Dil it's a beautiful day down in Devon--you're probably right but it's all a gamble on the market these days NLR is performing well with the US gambling regs hanging over it while YOO has bombed. All I'm going to do is enjoy the weather and take my chances-losses are too big to cash in. cheers MP
wayne300808
- 18 Jun 2005 11:57
- 1588 of 3776
wayne300808
- 18 Jun 2005 12:00
- 1589 of 3776
Top Director Buys Sharecast 17th June 05
InterContinental Hotels Group (IHG)
Director name: Mr David G C Webster
Amount purchased: 30,000 @ 686.90p
Value: 206,070
Yoomedia (YOO)
Director name: Mr Leopold Noe
Amount purchased: 2,500,000 @ 4.40p
Value: 110,000
Mice Group (MEG)
Director name: Mr John Moxon
Amount purchased: 377,000 @ 26.50p
Value: 99,905
Yoomedia (YOO)
Director name: Dr Michael Sinclair
Amount purchased: 1,000,000 @ 4.40p
Value: 44,000