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.

At long last; announcement just released that debt re-purchase starts tomorrow.

Perked things up a bit.

Todays adquisition marks a new way of thinking on management to become a leader in the emerging local eMarketplace, and improved their own website on need of that.

Yell acquires Moonfruit for £18m

Yell has confirmed the acquisition of Moonfruit Limited, the UK DIY website and online shop builder.

The total cash consideration for the acquisition is approximately £18 million, funded out of Yell's cash reserves. Retention bonuses of up to £5.2 million will be paid to key Moonfruit management after two years, provided that they remain exclusively employed by Yell.

The deal is a significant move in Yell's ongoing transformation from its established position in providing print and online advertising for small and medium-sized enterprises (SMEs) to become a leading player in the emerging local eMarketplace.

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Another one down the pan, would think I will be dead and buried before this recovers if it ever does!!! A bit less for my family to inherit more to the point a lot less for me to enjoy whilst here.

it never ceases to amaze that so many of you guys are perpetually caught like rabbits in headlights .... the warnings here (and elsewhere) have been signalled loud and clear for months, but still you hang on to your shares as if they are liferafts ..... for goodness sake, if it's not already too late, learn to bite bullets as well as to bank profits

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sp 1.45 pence - Yikes! (=that's four for sixpence.)

cynic - while I don't hold this skinned rabbit, I think I understand my own motives with other buys. We Brits like to support the guy, who against the odds wins through. We distrust the man that is Success all through life, believing he's ill-equi to deal with disaster "when" it befalls.
-The Logic in buying Yel is simple - kick the backsides of Dirs, so they know there is no tomorrow - they should be on 4-months' notice and others should be prepared to jump-in. It's not a difficult business to understand and that advertising has gone into the Internet should be seen as an opportunity for YEL to cut costs and do likelwise......sure I know they have a website, but it's DULL- certainly not a bright yellow, representing the dawn of a new age. Indeed it's much like a printed copy without the convenience of being able to stand on it (Remember the ads?).
+They should do a series of viral ads and IF they want my input, pay me for the next phase of their campaign.... which will be surprisingly cheap. (there's a thought!)
A modest fee (20% of Boards Gross salary) and a bonus based on the sp rise ( in a year's time) will do nicely.... and if shareholders vote for it, I'll stay on as chairman untill my ideas too become overtaken...in 9years, maybe.

However, I suspect this bunch of old-fathers are Dull enough to believe the Market will rescue them and someone will come and offer £1 a share and they will retire in Glory.
-This is reminiscent of Woolworths, where the 14 Directrors couldn't even be bothered to visit their stores on a weekly basis (ideally staying there!), so they were out of touch with the buying Public. (I lost a "small car" on WLW).

Sadly YEL punters take the same view as Dirs....and are hoping Markets+Directors (and their hangers-on) will have a really good recovery, back to levels 5-years ago. But the truth is that no-one needs YELL - folk use the internet search which isn't YELL and their purchase of Moonfruit (Web design, DYOR), shows they haven't understood the solution to the problem.

Recovery?
Some hope.

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Worth a punt at 1p imo.

what on earth for? .... better to give the money to charity and increase your chances of going to heaven

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I noticed that mnamreh.

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i have no idea what the spread is, but in any case, you'ld have to buy an awful lot of shares to stand any chance of scalping enough even to pay for a decent dinner - or perhaps a quality cardboard box

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Am I right in thinking this purchase of "Moonfruit" - see RNS is with "borrowed" money ? That being the case, who is supporting this company and whya re they lending it money???
-OR- could this be the start of something big?