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.

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?

On what grounds do you suppose the transaction to be with borrowed money, pray?

The charge northwards has taken hold today and looks like 2p could be within reach. Shorts closing.

Just coming up to the AGM in a couple of weeks time. Should get some decent info by then.

Well bid over 2p now so breakout until AGM Iguess.

55011, Annual Report p 94, Total net debt 2200m. (it's also on p1 in large figures, down from 2765m last year (2011).).
Yel made a profit of £565m, but that doesn't all go to reduce the debt which has built up over recent times, as their business model falls from under their feet.

News (yesterday) DYOR Revenue down 15% last Quarter.

+ + + + + + + + + + I don't Yel Management knows which way is UP. + + + + +

They are changing their name and EPIC - a sure sign they hope to bury the past, but I suspect they are throwing off much "Goodwill" as the new name will be seen as the successor, whatever Co-Speak tries to say.

Have you held long-term?.

Well, we did indeed get the info. As to whether it can be judged to have been "decent" only time will tell.

Its all over then.

Time you started a new thread, mitzy!!!

"Shareholders approve change of name to hibu plc [Stock ticker HIBU]

Yell Group plc ("Yell"), a leading provider of digital services, announces that it has received the approval of shareholders at its Annual General Meeting today to change the name of the Group to hibu plc. Yell expects the change to be effective from 08:00 BST Monday July 30 2012. hibu will be the Group's new corporate identity and the brand name for new digital products as they come to market."

lol Harry.

What the heck has happened to this today. Yet another one Miss Piggy with her Rose Coloured Spectacles bought into and failed.

i'm truly amazed you have a pot left with which to invest

If that was referring to moi then good luck to you to. You never know when your pot will be under the bed.

3 monkies - did I read on another thread you had taken your investment fund away from the professionals because you thought you could do better? I guess we all think the same but hasn't there ever been a point where you realised that been in charge of your own money wasn't necessarily a good thing? you seem to have had amazing success in buying every crap stock going. Not only success in buying but great success in hanging on with grim determination no matter how low the SP travels.

PS If you want to make some money back, you could do worse than consider BLVN at 70p, CEY at 80p if you can get in at those prices. Both are on chart breakouts. Just a silly thought really, no advice intended. Ta da.

3m - i have lost a fortune in my time, especially when the dotcom bubble burst ..... even then i only partially learnt my lesson .... however, being on this board, i find myself repeating the mantra so often that it has pretty much taken root in my own psyche thank goodness

incidentally, the best investment i ever made by a country mile was the total chance (fluke) purchase of a small freehold in w11 back in 1978

Cheers chuckles and cynic. I don't think I will be investing any more for a long time if ever. Time to let the wounds heal and get on with living. I don't think things can get any worse or perhaps they can!!!

3 monkies - why not drip feed a set amount each month into a solid dividend paying company until you have enough invested in that company, then continue drip feeding into a different company, and so on. Good luck
2517

Thanks for your advice George, at the moment the pot is empty as well as you can imagine but I may think about it eventully. Good luck to you to.

Update on restructuring process

On 30 July 2012, hibu plc announced that as part of the process of addressing its capital structure, it was seeking to form a co-ordinating committee of lenders.

hibu has now formally constituted the co-ordinating committee of lenders with the following members:

Alcentra Limited

GE Corporate Finance Bank SAS

Gruss Asset Management LLP

GSO Capital Partners

QP SFM Capital Holdings Limited

The Royal Bank of Scotland plc