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.

But of course the market has changed since then hasn't it.

Now now guys - no need to gloat or rub salt into the wound

So you have a different opinion to those with a heavy investment in Yoo and who believe in them - and who knows what might happen yet ???

Hi, there . First time here. I enjoy your posts Scripophilist. One of the joys of trading is that as soon as a position's bad ditch it and go the other way. Yooomedia's rubbish in my opinion and could go the same way as Sanctury. I wonder if you have any views on Pursuit Dynamics, I thought they too were a load of rubbish but now the gits have gone up after a successful placing, I sometimes wonder about these institutions, . You might find some stupid enough to bail out this pile of rubbish, yoomedia as well.

Thanks to Triggertv.


The shorters should be really worried.

Today's news, provides huge credibility to last weeks rumours of a takeover approach for the whole of Yoomedia.

During the last three months the Board has conducted an in-depth review of the Company's activities. This has resulted in a decision to explore strategic
alternatives for its Dating division following preliminary approaches from third
parties. The significant value of the Dating business is, in the Director's
opinion, obscured in the Company as a whole. Such alternatives are expected to
provide both increased marketing opportunities for the division and strengthen
the Company's balance sheet.

It appears, several weeks ago, one of the potential suitors for Yoomedia dating, decided the 3G Video Dating was so valuable, it was worth offering the Yoomedia board 20p a share, for the entire company. This was dismissed as opportunistic by Mr Sinclair and Mr Macdonald.

Now visit the Yahoo dating portal. Great, yes? But look closely and what is it missing? Yes, Yoo have something Yahoo don't have!

http://www.dateline.co.uk/mobile/

Then there's the small matter of the Dateline brand name, established for 40 years and a huge database of active singles.

Now I believe, after the dust settled on the rejected offer, the Yoomedia board realised a substantial sum of money could be raised by selling a chunk of the equity of the dating division, in exchange for a large lump sum.

This is what's going to happen. No cash call or placement. Sorry shorters, your barking up the wrong tree. Let's examine the evidence.

Such alternatives are expected to provide both increased marketing opportunities for the division and strengthen the Company's balance sheet.

No placement, no cash call. That's a fact. Do you need it stamped on your foreheads??

So 20p a share for the whole company, valued YOO at 100m. 25% of the equity in Yoomedia dating, could be sold to a large dating player like Yahoo, who will be absoulutely gagging to get Yoomedia's, exclusive, 3G mobile, video dating technology onto thier dating portal. Take another look at the Yahoo portal. It's missing only one thing, yes?

http://www.dateline.co.uk/mobile/

So how much will a 25% stake in Yoomedia dating be worth? Well with several interested party's knocking on the door, we may see a price of 15m to 20m, for a 25% stake. No, that is not pie in the sky. How much money could Yahoo earn from this technology, by placing on thier dating portals, on a global basis?

Shorters will burn!

That has to be the funniest post I have ever read on a bb. I am sure the 'shorters' as you mention must be panic stricken after the shares fell 25% in one day and the company announced it had run out of cash. Scary stuff for somebody that is short I think you will agree. ROFL!

However, I think dellusion has come to the fore here especially as most of the negative postings on the this thread whom have persistantly warned on the problems and been proven correct many times. Also they have not come from shorters but just people warning unwary investors to avoid this cash eating machine like the plague. How many warnings does it take?

BTW, Any sale of any business will be a firesale as everybody knows they are desperate for cash and any competitior wanting to take them over would probably wait to get a cheaper price from the liquidators.

The RNS was more positive than negative overall but too many focused on the delay to the positive cash-flow. We are only talking about a delay of a quarter, this is no big deal for a company like YOO especially when you bear in mind the amount of work that has gone into setting up new deals, this costs money and the returns take a while. Plus the terms of the WH deal have been improved, I believe that is worth the small extra waiting time.

My attitude to YOO has not altered after this RNS, and as someone else said earlier it's very likely they are getting the 'bad' news out now so that when the imminent good news starts to flow it won't be encumbered by any skeletons.

The shorts had a good day today, albeit more by good luck than any professional judgement or expertise. I don't mind the shorters generally, they have their place but it is totally unacceptable to have to put up with their constant and infantile gloating and personal attacks on others like we have had today. Thank heavens for the 'Filter' facility.

Regardless of what happens with the SP in the short term I still believe the company will pay handsomely in the mid/long term.

I don't understand how anyone can see this as a negative announcement

- the issue of william hill which has dragged results all year has now been resolved and will lead to profit in 06 - what a result!

- dateline is worth signinficantly more if sold/spun off - it only cost yoomedia 650,000 - what a result - could be worth as much as yoo's current share price on its own - what a result!

- what other businesses are there that are worth similar amounts?

Surely this means - no more concerns over falling profits/losses and huge upside moving forward

Time to buy

mactavish...you are dangerous, this type of stock attracts relatively new traders/investors and you are misleading them.

you metion all the deals announced however the RNS' never seem to have values or terms metioned.

Today is a final warning of an imminent cash call....how plain can it be.

Yahoo buying some part of it...aye right do you think even if they were interested they would not wait until the comapny has finally run out of money for good and buy it on the cheap......

your lack of balanced opinion on this would be amusing if it were not for so many people probably listening to your nonsense.....

Treblewide

Learn to read.

Thanks.

During the last three months the Board has conducted an in-depth review of the Company's activities. This has resulted in a decision to explore strategic
alternatives for its Dating division following preliminary approaches from third
parties. The significant value of the Dating business is, in the Director's
opinion, obscured in the Company as a whole. Such alternatives are expected to
provide both increased marketing opportunities for the division and strengthen
the Company's balance sheet.

thanks ipublic.....yip the city like me seem to believe it...hence the 20% mark down on open this morning...debt mountain.....very little working capital left...still miles away from cash flow positive despite assurances.......

wood and trees old boy..........cash call soon

IPublic

Learn to read a balance sheet.

Thanks.

FWIW I agree with Treblewide, Trying to put a positive spin on a company that has already lost over 45m, is technically insolvant and needs to raise more cash and one that has openly admitted that, is grossly irresponsible.

Board directors are not paid to be negative so no statement coming from them is exactly going to say, OMG we are in real trouble. They are going to try and put as positive a spin on it as possible.

At the end of the day this company has a dreadful record and now needs more cash urgently. In order to raise more it now needs to sell of its best assets, its a desperate situation.

Well, it looks to be all buy buy buy at the moment, and all at the full ask, with 7.25 still on the offer - tick up soon - a good day so far, with the de-rampers from yesterday ( tanking to 5p - 6p etc ) with egg on their face once again.

Dateline deal could be struck by the end of the week, stay out at today's giveaway price at your cost - all the newsflow is out there, and 2006 is only a stones throw away now - not even long to wait for the most impatient on the baord, a good timely reminder of what we have here:-

1) Deal to be struck soon re sale of Dateline - which will unmask its true value.

2) 5 year contract with William Hill, on improved terms, ready to kick start games and gambling into profit in 2006, the reason for this years under performance, which has been well documented in two RNS's

3) Onging NHS Direct contract, to be migrated onto Freeview in the very near future.

4) Integration for Yoomedia's iTV and data casting services into Freeview, the fasting growing DTV choice in the UK, deals struck with Gemstar ( 40% owned by Rupert Murdoch's News Corp - parent to BSKYB and SKY International )

5) Pending long term partnership for Channel 5/Endemol, already extended from its initial 13 week trial on BSKYB Channel 279.

6) Technology under its belt to make Freeview a 2 way interactive experience - very important when you take into account this is going to end up with the biggest slice of the UK DTV market, and broadcasters will not want to leave out these viewers in taking part in interactive cash transactions.

7) Are the first in partnership with NTL to bring Broadband TV into homes, in live trials - Both BT and BSKYB will not acheive this until the end of 2006 - an amazing coup for Yoomedia, and some fantastic names taking part in the trial MTV to mention but one, also ITN - the biggest independent provider of news in the UK.

8) One of the chosen few to provide interactive services to BBC, ITV, Channel 4 and Channel 5 - all mainstream broadcasters, who as advertising revenues dwindle due to their now being 425+ independent broadcasters fighting for a share of advertising revenues, will be looking to increase interactive revenues from the broadcast stream - it is already happening, with over 3,000,000 people already taking part in Celador's Walkaway game on WWTBAM - incidentally, Yoomedia are the only company capable of providing this time-stamped SMS technology to enable Walkaway to work.

9) The only third party red button operator on the BSKYB platform, and already used by over 13 broadcasters for red button services, very good for those broadcasters who do not wish their competitor BSKYB to see their interactive transactions - one of the very reasons William Hill chose Yoomedia as a partner on Channel 425, as BSKYB is one of their main competitors regarding interactive gambling.

That is why many are not in panic after yesterday, and that is why the bargain hunters have been out in force today.

Listen to the shorters at your peril - they may be on top now, but they will be the losers long term.

Now lets see all the shorters come out and call me a ramper - but let them give you some facts as to why the company is going to fail.

Regards

hi im new to this, but i bought some yoo shares after reading shares mag at 10.25 and I bought some more yesterday after they dropped as I believe that they will be a sucess based upon what ive read about them and i hope to make a nice few pennies out of them !!

Its been very interesting reading all your comments about Yoo, keep it up.

"but let them give you some facts as to why the company is going to fail."

It's got no money to keep paying the bills. I'd say that outweighs any prospects it has. Call me a raving looney but I'd say having enough money is quite an important thing and more important than another loss making deal.

Having posted about the potential problems of this investment when it was priced at ten times it recent low you can imagine my embarassment at seeing repeated profit warnings and the subsequent price collapse.

At the end of the day no amount of name calling is going to avoid the issue that the company is in big trouble and having already burnt through 45m of shareholders cash, I would reckon burning through a little more probably is not below the ability of this company.

Rather than trying to ramp up the prospects; if you were a sensible shareholder, especially one that has met the management, you should have been straight on the phone them and asking them hard questions about how they are going to turn things around.

No amount of posting on a free internet forum will change the prospects of this company. But getting management to make something of the remaining business they have would be a much more positive move.

here here!

During the course of business many approaches are made to Yoo, occasonally some are received which really gets their attention!

So it is with the "Dating Division". The board are having to sit down and give serious consideration to the offers and decide on the best way forward.
They have a number of options to explore on the whole or part of the division from an outright sale, floating the division off independently, a joint venture tie in or a combination of the later.

One thing is clear, the worth of the division is not reflected in the SP at all. No doubt it will come as a surprise to many
the numbers being put on the table for this part of Yoo Media.

This is no fire sale, far from it!

What price would you put on it then?

Bought not so long ago for 650k I think you said, how much do you think it is worth?

Any mention in SHARES today?