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.
mactavish
- 01 Aug 2005 22:52
- 2228 of 3776
Should be an interesting day for YOO tomorrow this in the market report in the Daily Mail 2nd August
Talk of pending deals helped Yoomedia improve p to 5p. Word is that one could involve a TV Poker channel and another a leading mobile phone company. Yoomedia owns Dateline, an online dating agency, and apparently wants to send pictures of clients dates to mobile phones as well as posting them on the internet.
mactavish
- 02 Aug 2005 00:09
- 2229 of 3776
MEETING WITH DR SINCLAIR
Dr Michael Sinclair was an extremely nice gentleman who was 100% open with the three of us. He answered most of the questions we asked without, at any point, giving out price sensitive information. He stated clearly that he has been involved with many companies in the past some of which have clearly been market leaders but never before has he been involved in a company that has the potential to be the market leader WORLDWIDE. Never before has he been as enthusiastic about a company as he is about Yoomedia.
1. Are rumours about a MBO true? The share price has been depressed for a while and certain investors are suspicious.
There is absolutely no truth in this whatsoever.
2. There seems to be a lack of communication with investors. We are hearing news from third parties eg dateline, pokechannel etc. The website communication is poor. Perhaps emailing this news to investors would keep them updated.
It is our policy only to issue an RNS when the news really is very significant for us. We are not like other companies that issue RNS every week simply for the sake of issuing them. Thats why when YOO issue an RNS, you can believe it is VERY significant. I accept that the website could be updated more regularly and these pieces of news could appear there. I will look into this as well as emailing investors. Poker channel was a great tie up and significant but probably not VERY significant. Our divisions are extremely busy and we sign hundreds of deals a year we cannot possibly release an RNS for all of them.
3. Are you disappointed with the current state of the share price?
Of course all shareholders will be disappointed with the current shareprice. I have always maintained that the aim of the company must be to generate profits the share price will the always follow. To generate profits is our aim.
4. The Trading statement about games and gambling was a surprise and a disappointment. How does the partnership with William Hill work, we do not really know much about the partnership, and the how Yoomedia derive their revenues from this partnership.
We really had to make the statement. I am of course disappointed with the reaction of the market to the Trading Statement and the resulting share price. The reason for the warning, and many astute investors have worked it out, is the contribution from William Hill. The William Hill contract was a very very significant contract. This would have made a significant contribution to Games and gambling. Unfortunately for YOO, William Hill buying Stanley leisure changed matters as Stanley Leisure were and are committed to Alphameric to the end of the year. This means that we cannot supply our services until the end of the year. However, it also means that the contract is potentially a bigger one than we originally thought as the William Hill group is now bigger. They have a 5 year commitment to us and these revenues should start coming in at the beginning of 2006.
(IMO this is very significant. They are EBIDTA positive despite no contribution from William Hill. Alphameric made a mint out of Stanley Leisure so you can imagine how much YOO will make next year once they are out of the way)
5. Why did David Docherty leave? Was it because of the underperformance of Gambling and Games?
DITG has been a massive boost to the company and the synergy with YOO has advanced YOO to a much higher level than otherwise possible. Certainly, the cost savings to the businesses has been larger than we anticipated as the two businesses complement each other well. David Docherty was a man of vision and must take a great deal of credit for where the company is today. However, the aim of the company is to generate cash. To generate cash, the most important and most fundamental aspect to a sound business is to concentrate on the core businesses. David Docherty, who is a close personal friend of Sinclair, had lots of ideas about various aspects of the business. However, when all the company divisions were analysed, it seemed that Neil McDonald who was in charge of the core divisions, was outperforming the rest and the decision was taken to make him the MD. Neil McDonald is a very driven individual and prides himself on delivering the goods.
6. How confident is he of executing the stated objectives for the rest of the year, as detailed in the trading statement, by year end. What impact might this have on 2006 EPS? Are we still going be cashflow positive by Q3?
The main aims of the group was to be EBIDTA positive by March and we have achieved that. The second aim was to continue to be EBIDTA positive and we have achieved that. That is a big turnaround from losing 800k a month in November 2004. Obviously the aim is to be cash flow positive by Q3. Interim results should be released early September.
7. What are Yoomedia's international plans?
The reason for the rapid development of digital and interactive television in the UK has simply been as a result of SKY and Rupert Murdoch. We see the USA as our biggest overseas potential market. I have contacts there and now that Rupert Murdoch has set his sights over there, we see that as a big opportunity for us. We are looking at the USA especially in view of the fact that certain aspects of gambling will be deregulated next year. I would be very surprised if YOOmedia were not a major player in exploiting the interactive market there.
8. How is the 'Broadband TV' trial with NTL/ICTV going?
The NTL Executive we initially gave the presentation to started dancing on our boardroom table when he saw our presentation. The trial started but unfortunately he has since left the company. We then had to go through the whole process again. There are trials ongoing most notably in Glasgow and feel that this is a significant opportunity for YOO in the future.
9. Will the NHS contract be rolled out on Cable and Freeview? It would appear Ipublic has disappeared from the website, no news was given about this happening, are we to assume that Ipublic has been closed ???, and if so, why were shareholders not told ??
We are working on it. iPublic is an important part of YOOs future strategy. It certainly has not disappeared. The interactive NHS Direct section accessed by the red button on SKY has been a huge success. We are responsible for the whole interactive component on SKY and is accessed by thousands of SKY viewers. We are in the stages of commercializing it and this should happen over the course of next year. We believe interactive television has a significant part to play as far as the health sector is concerned and was one of the reasons I got involved with Yoomedia.
10. How is the relationship of YOO with ITV?
We have an excellent relationship with 11 TV channels and ITV is one of them.
11.Is YOO still in Celadors plans and specifically WWTBAM? We know that Celador will be rolling out WWTBAM worldwide, will YOO be involved? Is MIG taking business away from YOO?
We have a strong relationship with Celador and I would be very surprised if Yoomedia did not figure in Celadors plans for international rollout of WWTBAM? MIG provides different technology to us. We have the patent for time-stamping technology.
12. What is happening at fancy-aflutter online, the site has been down for a while now, is it going to relaunch?
There is a limit to how many sites we are allowed to maintain. Nobody has lost any money by FAF not being online. It is being incorporated into the other fixed-odd gaming sites and will attempt to streamline this aspect of the business. The website will be updated soon. FAF was much more important to YOO for its tie up with SONY.
There were a few other questions that Paul and Graham asked but I am knackered so they can fill in the gaps. This information was worth 100 RNSs to me. I reiterate, this was a much more positive meeting than I had hoped from a very calm, open and honest chap. I am very confident in YOOs future.
mactavish
- 02 Aug 2005 08:01
- 2230 of 3776
Courtsey of Paul Smith.
think the Ginger Magician has covered all the important points from the questions asked by all three of us at todays meeting with Dr Sinclair, I can't think of anything else not covered.
I can't speak for Ginger Magician and Graham, but from my own personal point of view, I never went to this meeting in a negative manner, and attended because it is not often you get the chance to spend a couple of hours of quality time with the Chairman of a company you hold an investment with, and I wanted to hear first hand the answers to the questions that I had emailed The Ginger Magician.
I like to think that right from the start of my investment with Yoomedia two years ago, I share the same vision as Dr Sinclair, in that iTV is going to be one of the major growth sectors over the next few years, and Yoomedia, as one of the leading players at present, turning over in the region of 10 million per month, will be there to take advantage of this growing market, here in the UK, and later, internationally, and probably firstly in the USA.
Dr Sinclair has been involved with many other companies that have had a lot of success on a countrywide basis, in the UK, USA and Far East, he made it very clear that his involvment with Yoomedia is his most exciting business venture to date, as it is the first company he has been involved with that has the potential to become successful on an international basis - and with the companies average employee age being 30 - the drive is there to make this happen.
I was also pleased to hear, that although Dr Sinclair has major investments in other companies, it is Yoomedia where all his energy is directed at present.
I will make no secret of the fact that I left the meeting 100% happy with my investment decision, and that Yoomedia is in the safe hands of a Chairman with great future vision, and to that end, have no qualms about leaving my investment where it is for the forseeable future as I have always declared on this BB, with my personal feelings of significant growth during the next five years, but as always, DYOR so that you can be as comfortable with your investment as I am, even in these times of a depressed shareprice, that is dictated by a market that I believe currently, for whatever reason, is not able to value these shares where they should be, which is more than 5p.
You also have to have great admiration, for a Chairman who put himself out to travel out of London to meet us at a location of our choice, to re-assure us that nothing really has changed since the 15p placing last November, apart from the fact, that cost savings to the enlarged group, are significantly better than first declared in the region of 1 million, and a profit warning that had to be issued, due to the fact that revenues will be delayed from the 5 year contract with William Hill, becuase of circumstances that no one could have forseen, in that William Hill decided to buy out Stanley Leisure, which basically means, when the revenues start to kick in now in 2006, the contract will be larger !!!!!!!!!, draw your own conclusions from that information.
On the decision to reverse takeover DITG, Dr Sinclair made it quite clear to us that given the chance to go back in time, he would do the same again, the two companies compliment each other, Yoomedia were ahead of the mobile game, and DITG were ahead in the iTV market, DITG have brought studio facillties and broadcast channels, as well as a significant client in William Hlll to the Yoomedia stable. The enlarged company will make it very difficult for others to muscle in on their market, starting such a new company from scratch now would be complex, and with patented technology that the YES divison has, will always make Yoomedia first choice for certain iTV situations where real time interaction is needed with all viewers, digital and anologue.
Also, we were all given a card from " Mike " , which contained all the contact information to personally get hold of him, including a mobile number, this is not the action of a chairman running scared from investors in his company, who made it quite clear to all three of us, his door is wide open to us anytime, where he will treat us no different to anyone else, private investor or institution.
In all, a reassuring meeting, and personally, I am pleased to be in on what I believe has been a ground floor oportunity investment, and a great opportunity now for any new investor to be able to buy into an established company, with such great potential, at such a low price of just over 5p.
I will leave you with this thought as my pillow now beckons me at this silly hour of the morning - 2 years ago, Yoomedia were turning over 300,000 per annum and burning in the region of 500,000 per month , they now turn over near on 300,000 per day - and are cash positive, that is some kind of achievement in my opinion, I would not even like to predict what the figures might be in five years time, but think they will be significantly greater than they are now.
Regards
Paul
robstuff
- 02 Aug 2005 09:17
- 2231 of 3776
Although very guarded, it sounds positive. Where are the negative posters now? The sp seems to have been boosted by your meeting guys!
Scripophilist
- 02 Aug 2005 10:19
- 2232 of 3776
LOL! If you are refering to me I think I was posting when it was 20p four times the price it is currently at. You are right to question the management they need to get their finger out. They can release as many products as they like but need to make them profitable if they are to have any impact.
Currently profits are just thin air and hope, nothing else. I am surprised nobody questioned how they managed to blow through over 45m of shareholders capital. That would have been a cutting question.
mactavish
- 02 Aug 2005 10:21
- 2233 of 3776
RNS Number:5958P
Yoomedia PLC
02 August 2005
2 August 2005
YooMedia launches mobile gaming channel
YooMedia plc, the interactive media group, today announces that it has launched
one of the UK's first mobile gaming channels - linked to its Avago TV channel
and website.
It is one of the first examples of a UK media company allowing for seamless
interactivity with viewers and players across all mainstream digital media -
television, the internet and mobile.
The service is available to the vast majority of UK mobile phone customers
regardless of network provider(i) The new Avago mobile gaming channel will
feature many popular games including Roulette, Virtual Horse Racing, Keno, Spin
To Win, Slots and Roll 'Em, with both play for fun and play for real options.
Avago mobile channel players will also be able to use their Avago mobile
accounts to play games on their TVs (Sky Channel 181) and the Internet
(www.avago.tv). Similarly, Avago TV members will be able to use their accounts
to access the new mobile games.
Neil MacDonald, Group Managing Director of YooMedia, said:
"This is an important development because we have created a truly interactive
integrated gaming brand that sits equally across TV, the web and mobile.
Moreover, our players can use a single account and e-wallet to make playing
Avago games a seamless experience whether they are at home in front of the TV,
on the internet or even on the train. This launch is one step in a series of
planned developments for Avago that are designed to increase its presence and
profile in the UK market."
Marketing of the new mobile gaming channel will commence immediately and
continue through year end 2005. It is anticipated that the financial benefits of
the enhanced services will accrue in 2006.
The new Avago mobile casino games can be loaded by accessing avago.tv on mobile
phone web browsers or by visiting www.avago.tv/mobile.
Contact:
Neil MacDonald
YooMedia plc
T: +44 (0) 20 7462 0870
John Murray
Powerscourt PR
T: +44 (0) 20 7236 5615
About Yoomedia
YooMedia is a leading provider of commercial TV, iTV, internet and mobile
content and services to the UK media market. The Company is British-owned and
specialises in the gaming and dating sectors with leading brands including
Avago, the interactive gambling brand, and Dateline, the UK's most established
dating and introductions company. YooMedia delivers its services over broadcast
TV channels, iTV portals, mobile content portals and websites.
YooMedia holds a full UK Bookmakers license and is the company behind several
leading broadcast and interactive gambling channels on the Sky platform
including Avago, Channel 425 (in partnership with William Hill, the UK's largest
Bookmaker) and The Poker Channel (Sky channel 265 in partnership with The Poker
Channel Ltd.)
Yoomedia plc is quoted on the Alternative Investment Market.
www.yoomedia.com
--------------------------
(i)Handsets need to be GPRS/WAP enabled. Source: Mobile Data Association,
January 2005 (53m mobile phone subscribers in the UK). CSFB, Mobile Data 2005
(86% of handsets are GPRS/WAP enabled)
This information is provided by RNS
The company news service from the London Stock Exchange
robstuff
- 02 Aug 2005 10:51
- 2234 of 3776
Scrip I'm very new to this share, could you explain to me how they blew 45m. Thank's
mactavish
- 02 Aug 2005 11:03
- 2235 of 3776
This launch is one step in a series of
planned developments for Avago that are designed to increase its presence and
profile in the UK market.'
Scripophilist
- 02 Aug 2005 11:09
- 2236 of 3776
Dil
- 02 Aug 2005 12:15
- 2237 of 3776
Wake up you plonkers ... no one fcuking watches AVAGO , thats why its loss making and its mobile offering will be the same imo.
mactavish
- 02 Aug 2005 12:37
- 2238 of 3776
What a man that Dil is not. They even wrote a song about him.
Du
Koenntest du schwimmen
Wie Delphine
Delphine es tun
Niemand gibt uns eine chance
Doch wir koennen siegen
Fuer immer und immer
Und wir sind dann Helden
Fuer einen tag
Ich
Ich bin dann Koenig
Und Du
Du Koenigin
Auch wenn sie
Unschlagbar scheinen
Werden wir Helden
Fuer einen tag
Wir sind dann wir
An diesem tag
Ich
Ich glaub' das zu traeumen
die Mauer
Im Ruecken war kalt
Schuesse peitschen die Luft
Doch wir kuessen
Als ob nichts geschieht
Und die scham fiel auf ihre seite
Oh, wir koennen sie schlagen
Fuer alle Zeiten
Dann sind wir Helden
Nur diesen tag
Dann sind wir Helden
Dann sind wir Helden
Dann sind wir Helden
paulmasterson1
- 02 Aug 2005 12:37
- 2239 of 3776
Hi All,
Good to see YOO putting some news out, and as I said a few weeks back, these are still a bargain, and 8p could well be passed easily now, just like I said it would back then, just took a couple of weeks longer, but my 100% will arrive soon, again as I said it would, then I will decide whether to sell or not :)
Cheers,
PM
ateeq180
- 02 Aug 2005 12:42
- 2240 of 3776
Dil why are you jealous of the ride,if it does fall at the end of the day we make our own decisions to invest in a stock ,and lots of people i dont think will take your advice,thats for sure,also if you are a proffesional trader these f words does not sound good to a person who wants to be respected.i find this sad.
Dil
- 02 Aug 2005 12:43
- 2241 of 3776
I see Hinge and Bracket are still posting bullsh*t .
Dil
- 02 Aug 2005 12:44
- 2242 of 3776
Ateeq ... what advice are you referring to ?
mactavish
- 02 Aug 2005 12:57
- 2243 of 3776
Courtsey of Paul Smith.
How many companies currently run off your tongue that can suppy a seamless integration between PC, Mobile & TV, the three biggest worldwide mediums.
Well, personally, I can't think of any, apart from Yoomedia of course.
Yoomedia currently provide the NHS direct service on the SKY active portal, this will become more interactive with the general public sometime next year.
Dr Sinclair explained this part of the company indepth to us, he openly admitted with his background in medicine, that it was this part of the company that drew him to get involved.
Already, a very successful pilot has taken place, where 10 patients were able to access a virtual consultant, whereby by use of a keyboard, they input their questions and concerns about future operations they were to undertake, it was discovered that whether that patient needed a new hip, a heart operation, or cancer treatment, mosy of their questions were generic.
Once the questions were input, 10 people simultaneaously were able to have a one and a half hour consultation, simultaneously via their TV, all given anonomymity
Amazing cost saving benefits here to an already overstretched NHS service, one virtual consulatnt doing the work to 10 consultants.
We were told that the next step in NHS direct, was for everybody to access to all their medical records via the service, as well as any appointments they have for services, your own virtual NHS information box.
This should be implemented next year.
With todays news, I would imagine the same logic will apply to NHS direct, as seamless integration with all us, via mobile, TV and Internet, so if Dr So and So is off sick and can't make your appointment, somehow you will be contactable, on the other hand, missed appointments cause the NHS a severe amount of money each year, this should be virtually eliminated, as the NHS will be able to easily get hold of you, whether you are at home, on the train, or in the hairdressers.
For the attention of Mr Sensible:-
More info on the William Hill 5 year contract, due to the unforseen take over of the Stanley Leisure Group, who already had an ongoing contract in place, due to expire in December, this has prevented from what i understand a seamless rollout of channel 425 services, to include fixed odds betting terminals in the William Hill high street shops, now some 600 shops more than the original contract.( makes the few months wait worthwhile for what is to come next year )
Yoomedia have the upper hand over the other provider due to the 425 channel already being in place.
I wouldn't be at all surprised, after todays VERY SIGNIFICANT ANNOUNCEMENT, to see the same seamless integration that now exists for Yooemedia's AVAGO brand , being introduced for the WILLIM HILL brand.
2006 is I am certain going to be the year for Yooemdia, where it is all going to start happening.
I have never had the nerve to broadacst my own thoughts as to where I see the shareprice being at the end of my five year minimum holding period, but I will put my cards on the table for all to see, right here and now, my starting point is a conservative 3.00 - I can now hear a lot of people rolling about in fits of laughter - but - take a look at SPORTINGBET - you could have bought into this company for 20p within the last three years, and sold at over 3.00 in recent times - why do you think SPORTINGBET once wanted to get into bed with YOOMEDIA - look at YOOMEDIA now, seamless integration from one e-wallet over PC, TV and Mobile with there AVAGO Brand - not long now until YOOMEDIA become the biggest interactive gaming company - and not only do they have there own brand, with a full licensed bookmaker service under theit belt, but they are about to emabark on a five year contract to provide interactive services to WILLIAM HILL, with the added advantage of 1600 high street outlets.
It really does not take a genius to see where Yoomedia are now going to be in next few years, and who knows, Avago could just be such a tempting aquisition to WILLIAM HILL in the future.
Regards
Paul
queen1
- 02 Aug 2005 13:15
- 2244 of 3776
Sad - That about sums dil up ateeq180 - spot on.
Dil
- 02 Aug 2005 13:17
- 2245 of 3776
Muppets are out in force today ... school hols ?
queen1
- 02 Aug 2005 13:28
- 2246 of 3776
So what does that make you dil, in your little self-obsessed ego-bubble - the puppet master? Oh no, sorry I forgot. You're just a gloating tosser. My mistake.
kalsi69
- 02 Aug 2005 13:54
- 2247 of 3776
Ohh I think you ve taken a hit today Dil, your 1p rights issues, looks like have let you down, markets opposing you, see I told u so.......