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
- 12 Sep 2004 11:55
- 8 of 3776
Tomorrow should see another healthy price rise, where no doubt the buying will continue or the big news that everyone is waiting on is broken.
daves dazzlers
- 12 Sep 2004 13:47
- 9 of 3776
looks like another good one mactavish,it seems strange whan the ftse is on a roll,{at the moment}there is some good value still to be found,,,out there . dd
EWRobson
- 12 Sep 2004 19:10
- 10 of 3776
mac
Have been following YOO for some time. I was in too late a year ago when the share was driven too high by media hype. It has since come back to a third of those levels. Fortunately, I switched into a very profitable investment with ASOS (ASC). With the interim results soon (last year 19th September - I've not seen this year's date) and your news of an impending contract, I suspect its time to re-establish a position. Not too sure about the gambling and dating initiatives. I also expect the Government initiatives (including the voting trials) are more prestigious than profit-making in the short term. What impressed me was the acquisition of the Sony subsiduary with a Sony director going on to the board of YOO.
As always its a problem of what to sell. My policy is to go for emerging companies and present holdings are ASC (65%), Alizyme (AZM, 25%), Earthport (EPO, 10%). ASC results are Friday and announcements expected include own brand fashions of young ladies; AZM results are later this month followed by press and investor briefings which point to progress with drugs and hopefully their obesity blockbuster; EPO have been having a bad press but are over-sold. (See bb's on each, if interested). I expect ASC to be also up on Monday and I may switch part of the holding; also part of EPO as it may be some time before price recovery is soon. I mention my own dilemma as the investment decision is a question of the relative merits of the share you are buying and what you already hold.
Anyway, maney thanks MAC for the insights. Any thoughts on whether profitability or positive cashflow will be signalled? Goldfinger: please explain your 'high beta'; I suspect linked to volatility.
Eric
mactavish
- 12 Sep 2004 21:22
- 11 of 3776
Well last year Yoo showed a loss, but this year they should be in profit, my guess would be 500k with turnover up to about 7million. There should be no need to ask shareholders for any more cash. Do not forget Dr. sinclair has bought 300k at 55p and gave them to charity now that must tell you something.
EWRobson
- 12 Sep 2004 21:48
- 12 of 3776
mac
Many thanks for quick response - I'll hit the market first thing. Yoo have bought several million of turnover; loss of 3m last second half. Probably good enough if they are forecasting profits, or even positve cash flow, in second half. More recent than Dr Sinclair, Forsight Tecnology increased their stake and Noe, a director, purchased shares in May when price was over 40p. Both must have seen them as fair value. I am interested how much a share can fall when there is little news and relatively small sales; clearly the mm's, but it is puzzling how the institutions forget the price they have bought at and don't average out their holdings. Significant volume in last half hour on Friday so one wonders how the market will open.
Eric
mactavish
- 13 Sep 2004 07:24
- 13 of 3776
Yoomedia PLC
13 September 2004
News Release
13 September 2004
YooMedia and ICTV to trial broadband TV on ntl platform
BroadbandTV Group, the recently formed joint venture between YooMedia and ICTV,
is to break new ground in UK interactive television by pioneering broadband
quality interactivity in a trial with ntl, the UK's leading digital cable TV
provider.
ICTV's HeadendWare (R) technology allows for far richer content within the
interactive broadcast stream than conventional interactive TV platforms because
it uses the techniques and tools that define high-end web experiences. Its
capabilities, which will be made available through ntl's existing standard cable
set-top boxes, include Flash and Shockwave (R) animation and high quality
streaming audio and full motion video.
YooMedia's chief executive, David Docherty, describes the difference in quality
as similar to that between dial-up Internet and broadband Internet. 'It has the
potential to transform the interactive experience for the viewer in the same way
that broadband transformed the Internet experience for web-users,' he said.
Mike McGrail, chief executive of ICTV, said: 'Until now, interactive television
has lacked the vivid quality of linear television or the best of the worldwide
web. Our technology gives BroadbandTV Group the opportunity to create a new
elite class of interactive services.'
BroadbandTV has also created a Partner Programme for broadcasters and content
providers to familiarise themselves with the possibilities opened up by the
HeadendWare (R) technology. Initial Development Partners include the BBC and
MTV.
Under the trial, BroadbandTV services will be made available to selected ntl
customers in 2005.
YooMedia
David Docherty, chief executive, 020 7462 0870
Powerscourt PR
John Murray, partner, 020 7236 5630
ICTV
Mike McGrail, chief executive, +1 408 364 9200
Paul Schneider PR
Paul Schneider, Principal, +1 215 702 9784
About BroadbandTV Group
BroadbandTV Group Limited is a UK joint venture company, equally held by
YooMedia plc (
www.yoomedia.com
) and ICTV Inc. (
www.ictv.com
). BroadbandTV Group
creates an exclusive partnership between the two companies for the purposes of
providing a complete next-generation interactive TV solution for the UK market.
The joint venture brings together YooMedia's expertise and track record in
delivering interactive media with ICTV's proprietary Headendware interactive TV
platform. BroadbandTV delivers the best broadband content, re-defining
interactivity on TV.
This information is provided by RNS
The company news service from the London Stock Exchange
mactavish
- 13 Sep 2004 08:16
- 14 of 3776
Yoo is already up 2.75p this morning so far. Steady buying going on.
EWRobson
- 13 Sep 2004 08:20
- 15 of 3776
mac
News release is clearly a very positive business move - broadband TV must be far better for interactive as with the Internet. Minor impact on financials next year (trials only) but should be very positive thereafter as it rolls out. Confirms YOO leadership in this market. Significant buying this morning. Feeling somewhat frustrated as I couldn't buy on line as market wouldn't accept even small orders. Eventually bought through my broker (Stocktrade) at 8.7.58 by which time the price was already up to 23p. Still, buying price is already 24p. Remembering last year, the price could soar with positve press comment, particularly if interims are good - have you seen a date for these; last year was 16th Sept. Well done for getting in when you did - envy, envy!
Eric
mactavish
- 13 Sep 2004 15:34
- 16 of 3776
The interims should be some time this month, last year it was the 19th September, maybe there will be another announcement with them hopefully. Anyway good luck.
rkausar
- 13 Sep 2004 16:35
- 17 of 3776
Is it too late to buy now?????
mactavish
- 13 Sep 2004 16:42
- 18 of 3776
Expect more buying tomorrow as a few mentions in the press are likely plus the interims are due this month which should be good. I would buy first thing tomorrow as there were a lot of buyers still buying at 27p.
mactavish
- 13 Sep 2004 21:53
- 19 of 3776
Ruth Garrett Stockmarket Report.
Interactive services group YooMedia saw its share price soar almost 30%, after its joint venture with ICTV, BroadbandTV, announced an agreement with NTL. The venture will trial interactive services with greater bandwidth on the cable TV provider's services from 2005. The company compared the difference between current interactive TV offerings and its new technology as similar to the difference between a dial-up modem and broadband for internet services. The shares gained 5.75p to 26p.
EWRobson
- 13 Sep 2004 22:11
- 20 of 3776
rkauser and others wondering whether to buy YOO at current level, 27p
Tremendous buying momentum today with over 250 trades, volume buys to sells of 2:1 but far more buy trades offset partly by larger sells. Worth looking at graph for prices last year: took off in September on interim results. These showed only 400K of revenue but there was a range of technology and partnership announcements. We could well be in the same boat this year. There should be further rises tomorrow with inevitable press comment following the announcement - this opens up vistas stretching into the future, though again little in the way of short-term revenues. However, the acquisitions, particularly Sony Leisure, give a significant jump in revenue. mactavish is confident about positive revenue. If that is the case then I would expect the graph to be emulated up to 60p or more. The least we are looking for is a recovery to the 40 to 50p that Dr Sinclair and others were buying at early in the year.
Congratulations again to mac - here's a wee dram to you! What impresses me most is that you spotted the buy volume last Friday and got straight in. How come? Suggest others purchase tomorrow morning first thing. It was difficult to trade on line this morning (see comment above) and you could be wise to be straight onto your dealer at 8 a.m. The pattern today was a strong rise first thing, then an easing of the price around 9 a.m. on profit taking; then a continued rise during the day. Still a buy in my view up to 35p (i.e. pre the interims, with further potential then). Good luck!
Eric
mactavish
- 14 Sep 2004 00:19
- 21 of 3776
Been looking at Yoo for quite a while now, felt this was the right time to get in after all the drops in price. Over the last few weeks there has been large buys going thru', someone was getting a lot of shares on the cheap. A small rise on thursday made up my mind.
mactavish
- 14 Sep 2004 08:28
- 22 of 3776
Shares in Yoomedia, the interactive media group, leapt 5p to 26p on its entering a trial with NTL, the cable group, through a joint venture unit.
From "The Times"
mactavish
- 14 Sep 2004 09:18
- 23 of 3776
Up another 3p today still buying at 30p.
expert
- 14 Sep 2004 10:39
- 24 of 3776
Does any one have any idea what day the interim is?
rkausar
- 14 Sep 2004 10:42
- 25 of 3776
lots of selling going through, everyones taking their profits today!!!
EWRobson
- 14 Sep 2004 16:52
- 26 of 3776
Another high volume day with 3.5M shares traded, not far short of 3% of the equity, as yesterday. Buying and selling volumes nearly equal, so there are still a lot of new, probably, buyers around and understandably some taking advantage of the 50% jump in price. Trading pattern was interesting: good buying opportunity in the first hour; price getting over-heated in second hour without significant volume; sellers then attracted in bringing price down. No interim date announcement on News but was 19th Sept last year so must be imminent. Still a buying opportunity.
Eric
mactavish
- 14 Sep 2004 18:46
- 27 of 3776
Notable constant gainers over four days includes Yoomedia, up almost 60% at 27.5p as investors enjoy news of the company's imminent trials of broadband TV.