What is happening was slowly going up, past week down 25% Good entry or further down.

I hope the Septics get the $700 billion loan through in the next few days otherwise I can see the FTSE tanking.

Sorry down - 10.84%

OIL - not entirely sure you're right sticky, as everything one reads indicates that with or without libya, the world is burning more oil than it is producing ..... to my mind, that indicates that "proper" companies like AFR, TLW, PMO etc become ever more enticing targets ..... mug punters also think that applies to E&P companies with prospects of questionable value but nothing actually found, or the likes of HAWK and EOG that produce 3 barrels a day, which of course it does not


reminder to self - must check who is drilling off angola; lots of activity there

Never been a bubble that aint burst cyners and you know that. Im specifically pointing the finger at these smaller oileys where all the kids on advfn have their life savings invested.

I feee sorry for them.

in that case you and i are pretty much in accord

Where to now ??

6p coming

Looks like bad day for YELL today.

I'm thinking they could fall to as low as 3p Bernard.

IMHO Friday close 5p then.

Very much so B.

Yell song
http://www.youtube.com/watch?v=ZxDJ6_v3Tlo

not good.

5-4-3-2-1 as the song goes.

OR 12345 if I caught a fish alive. Kids song when you were in infants. remember it Bernard. I do. my be a bit older than you .

Yell nearing suspension

Well wrong who would have thought it would rise 10% today.

Short YELL before results Tuesday. Easy money.

RNS results better than expected sp up 5%

StockMarketWire.com
Yellow pages publisher Yell reported group revenue of 1.877bn for the year to end-March, down 12.4% on the prior year. Profit after tax of 46.7m was down 0.1m.

Digital media revenue grew 9.4% to 457m or 24.3% of revenue (2010 - 19.6%).

Print revenues fell by 18.6% to 1.317bn.

EBITDA of 513.6m was down 106.0m.

Free cash flow was 264.7m, while net debt fell by 329.5m to 2.765bn.

Digital media advertisers grew by 4.5% to 902,000 and digital media average revenue per advertiser was up by 9.2% to 528.

Live customer websites increased by 192,000 to 230,000.

Internet Yellow Pages visitors were at 55.8m in March.

Print advertisers were down by 9.4% to 1,195,000 and print revenue per advertiser was down by 9.9% to 1.063bn.

Mike Pocock, CEO, said: 'In the face of ongoing tough market conditions, we have continued to make good progress with our digital media offering, bringing new products to the market, increasing consumer usage and increasing revenues. Our market positions in print remain strong and print revenues, though still under pressure, continue to generate significant cash flow. Over the year, Yell has generated over 260m of cash and reduced net debt by almost 330m.

'Our strategic review is now well advanced and our extensive and thorough work to date strengthens the confidence we expressed in February. We will leverage our key assets, primarily our strong brands and customer relationships, to benefit from the large and fast growing digital market. We will provide new services and solutions that both cement our place as a champion of the SME and provide material new value to the consumer. Partnerships with key players will play an important part in accelerating this growth. Our strong market positions and profitable businesses in print and local search will nevertheless remain important for some time. Our existing operating model will also be strengthened and streamlined on a group wide basis to support these new opportunities.

'The digital marketplace is already twice the size of the total print market and some ten times larger than the segments of the print market Yell traditionally addressed. Small shares of this fast growing and highly fragmented market can mean very significant, profitable growth. This is what we intend to deliver, whilst nurturing our print business for the strong cash flows it will continue to provide for years to come.

'We look forward to presenting our strategy conclusions in early July which will demonstrate why we believe Yell can look forward to a good and prosperous future.'