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
- 15 Nov 2005 21:39
- 2941 of 3776
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
Treblewide
- 15 Nov 2005 21:53
- 2942 of 3776
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.....
iPublic
- 15 Nov 2005 22:44
- 2943 of 3776
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.
Treblewide
- 15 Nov 2005 22:55
- 2944 of 3776
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
Scripophilist
- 16 Nov 2005 07:30
- 2945 of 3776
IPublic
Learn to read a balance sheet.
Thanks.
Scripophilist
- 16 Nov 2005 07:36
- 2946 of 3776
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.
mactavish
- 16 Nov 2005 15:08
- 2947 of 3776
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
mengelbretson
- 16 Nov 2005 17:15
- 2948 of 3776
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.
Scripophilist
- 16 Nov 2005 18:00
- 2949 of 3776
"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.
Treblewide
- 16 Nov 2005 18:01
- 2950 of 3776
here here!
mactavish
- 16 Nov 2005 20:13
- 2951 of 3776
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!
Scripophilist
- 16 Nov 2005 20:29
- 2952 of 3776
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?
someuwin
- 17 Nov 2005 07:35
- 2953 of 3776
Any mention in SHARES today?
Dil
- 17 Nov 2005 12:30
- 2954 of 3776
Don't ask Treb .... he can't read !!!!
ROFLMAO
Scripophilist
- 17 Nov 2005 13:00
- 2955 of 3776
This share is so well 'researched' I was looking for an instant answer. Surely the value is on every YOO shareholders lips?
M4rt
- 17 Nov 2005 13:56
- 2956 of 3776
More than the price I bought them at, in my opinion and that will do me for now. At the end of the day i am in this for the long run so the only bit of the last RNS relevant to me was the good news regarding the WH deal. Granted the cash flo is a slight worry but it really does not out way all the good news that has been coming in. I am still sitting on profit for this share so i am quite happy to hold for the time being, and if the cash flow becomes a real problem then i must admit i see the worst case senario being that they will have to sell out for 20p a share.
Dil
- 17 Nov 2005 14:15
- 2957 of 3776
M4rt ,you missed the point out .... before the 2.
Regards
mactavish
- 17 Nov 2005 14:18
- 2958 of 3776
Trading Update
RNS Number:3010U
William Hill PLC
17 November 2005
William Hill PLC
Trading Update
William Hill PLC reported on 5 September 2005 that the Group (excluding Stanley
Retail Betting) experienced growth in gross win and costs of 5.5% and 2.5%,
respectively, in the 9 weeks ended 30 August 2005.
Since the last trading update, the Group has in common with other bookmakers
experienced mixed sporting results that have held back growth in gross win.
Excluding Stanley Retail Betting, in the 18 weeks ended 1 November 2005, gross
win in the Retail and Telephone channels was broadly flat and in the Interactive
channel was up 16%.
Operating costs (before exceptional items) continue to be tightly managed and
are expected to increase for the Group (excluding Stanley Retail Betting) by
between 4% and 5% for the full year in line with previous guidance.
Whilst the outturn for the year ending 27 December 2005 will depend on sporting
results in the next 6 weeks, the Board currently expects that profit before
interest, tax and exceptional items for the enlarged Group will be in the range
#230m - #240m for the full year.
The integration of Stanley Retail Betting is going well with pricing and risk
management disciplines already harmonised, the physical re-branding of licensed
betting offices well advanced, and the early trials of upgraded in-shop
technology proving successful. The integration exercise is on track to be
completed by 31 March 2006.
Other operational programmes are progressing smoothly with new electronic point
of sale and text systems installed in over 85% of the William Hill estate. The
technology is delivering encouraging improvements in labour productivity and
will ultimately improve our ability to capture and settle bets faster.
Accordingly, the Board maintains a positive view for the Group for 2006 and
beyond.
M4rt
- 17 Nov 2005 14:21
- 2959 of 3776
LOL, Dil thats quite witty!!
mactavish
- 17 Nov 2005 14:26
- 2960 of 3776
Note, Interactive Channel up 16% and the early trials of upgraded in-shop technology proving successful. The integration exercise is on track to be completed by 31 March 2006.