Interesting that people are getting so behind Yoomedia. Yes I agree that they have made some good gains on the back of potential NTL agreements, but if you look at the 12 month picture, in Jan, the shares were over 55p, so unless you have been lucky or a day trader, many shareholders will be sat at 50% losses at the moment.
Shares finished down 1.5 today following some profit taking. So for the interims: will PBT be +or- (2.3) losses for the six months to Sep 30?
Any guesses....
Well a couple of broker forecasts say that they will be in profit and that turnover will be up. I heard someone mention 500k profit and turnover 7m. I think the interims are being held up for big announce ment to be realeased at the same time. Todays price drop was due to profit taking and a little tree shake from the MMs.
David,
I agree with you that there will be an improvement in turnover (c.£4m) but there is no way in hell the company will be in positive territory for 2004 1H. I think EBITDA will be around £3m loss and PBT more than that. Thats why I gave people a spread on (£2.3m)
For the future I think that the company is well positioned serving Sky and iTV. I think 2H 2004, Revenues will be well in excess of £10m and possibly reach breakeven? May be the 1H 2005 until we reach that point.
But things look good following 6 acquisitions since December and is able to serve Gaming, Chat, Games and Dating markets. The only way is up? Well just maybe....
(AFX UK Focus) 2004-10-07 08:33 GMT:
UK smallcap opening - Yoomedia jumps after Shares Magazine tips as 'buy'
Article layout: reformatted
LONDON (AFX) - Yoomedia was the top gainer in the FTSE Small Cap index in
opening deals, rising 4-1/2 pence to 25, after Shares Magazine tipped the stock
as a 'buy'.
sm/vjt/
Opening market report
Stocks
Quotes from the tip in Shares Mag.
1."Play of the week" and at theses prices "dirt cheap" (yes thats DIRT CHEAP)
2. MMTV seen as awesome buy and YOO's "ticket" into the "enormous area of government"
3. Mentions MMTV £15m NHS contract - "likely to be expanded into patient appointment" (yes that EXPANDED)
4. I-public will merge with MMTV
5.Gambling will "fuel YOOmedias extremely rapid growth gross revenues could hit £12m this year £23m in 2005"
6."YOO owns 35% of the serious dating market"
7. Revenues from dating £2.8m 2004, £7.7m expected 2005 (YES thats £7.7m!!!!!!!)
8.Predicts maiden profits of £2.6m 2005 and possibly £6m 2006 - resulting in a PE of 6 (YES thats 6!!!!!!!)
Another good week for YOOMEDIA, a lot of small investors are buying in so they will be in for the long term. Here is a little information about YOO.
YooMedia plc is a UK based interactive entertainment group that manages dating, gaming, games and chat businesses across the core interactive technologies of digital TV, the internet and mobile phone.
Our brands include Dateline, which along with sister brands Club Sirius and Avenues form the UK’s largest and most established dating business; FancyaFlutter, one of the leading fixed odds gaming portals on the web and Sky Interactive; YooPlay, the only games channel available on all four UK digital TV platforms; and YooChat, the only interactive TV chat service in the UK.
YooMedia has also pioneered the use of mobile phones for real time audience interaction with TV and radio programmes. Our TriggerTV and Whoosh technologies, which are exclusive to YooMedia and protected by international patents, have been responsible for powering the audience mobile phone component for some of the highest rated programmes on the BBC, ITV, Five, Fox Entertainment and the Cartoon Network.
Our public sector arm, iPublic, has been selected by the government as the only dedicated interactive TV company for the E-voting Framework.
YooMedia’s partners include Sony Digital, which has a substantial shareholding in the group and a representative on the board.
All this pushing of a small company sounds like 'blowing' to me, where people try to inflate the price of a company they own so they can sell out of their shares. This is an illegal practice in Australia.
I'm always amazed that if a company is so good, why anyone would tell others about it? Surely the logical approach would be to purchase as much stock as you can at as low a price as possible and enjoy the stream of dividends that this miracle company brings.
FancyaFlutter is YooMedia’s leading consumer brand in the UK gaming market.
Operating both on Sky Active and the Web, FancyaFlutter features bingo-style fixed odds games that are as much about pure entertainment as they are about winning. With a minimum stake of just 20p, players can win as much as £500,000 on its bingo-style, keno and dice-style games.
FancyaFlutter is constantly developing new titles and exciting competitions. In Spring of 2004 FancyaFlutter struck an agreement with Fremantle Media to create games based on their popular TV titles including Baywatch, Call My Bluff and Blockbusters.
More exciting news followed in August when FancyaFlutter announced it had acquired a license to become an independent bookmaker. This move gives YooMedia and FancyaFlutter room to expand its reach into the UK gaming market and independently develop the infrastructure to support its gaming businesses.
Much of the new FancyaFlutter support infrastructure will be co-located in Maidstone, Kent and sit alongside the YooMedia Dating call centre and support teams,
Key events 2004:
Winter:
Spring:
Summer:
Autumn: YooMedia purchase's FancyaFlutter
FancyaFlutter Licenses Fremantle Media show titles
YooMedia acquires UK bookmaker license
New TV portal to be launched on Sky Active
Transactional Web Site to be launched
Sky piles it high and sells it cheap
BSkyB has lowered the bar for entry into the world of DTV with a new £39.99 all-inclusive package to be sold on supermarket shelves.
This comprises one or two months' included viewing on selected packages plus standard installation of a free Sky box and minidish.
The Sky Starter Pack is hitting the shelves of 1,000 Argos and Woolworth's stores across the UK in good time for Christmas. The launch will be supported by significant in-store marketing activity, national press advertising and listings in each of the retailers' Christmas gift guides.
From November, the offer will be available in around 60 of Tesco's largest "Tesco Extra" format stores.
This is the first time that Sky has packaged its pay-TV product on a full commercial basis in such a way that it can be purchased and offered conveniently as a gift.
All the recipient of the gift need do is call Sky, quote the unique reference number inside each Starter Pack and provide some basic details regarding purchase.
Jon Florsheim, BSkyB's Managing Director, Sales, Marketing and Interactive,said: "The Sky Starter Pack makes our product available in a convenient form through mass-merchandise retailers for the first time."
Yes, gambling is a huge growth sector for the next 10 years, thanks to the deregulation of the gambling industry, currently in the process of being bought forward, as announced by the Culture Secretary, Tessa Jowell. Through our gambling division 'Fancy A Flutter', Yoomedia recently aquired a fully independant bookmakers license. In time, I expect Yoomedia's gambling products, to expand into a fully operational bookmakers business. Through digital television, the internet and mobile phones.
The final sell trade for the day, was actually above mid price, at 28.05p. Yes, above mid! Have not seen that for a long time.
Yoomedia PLC
19 October 2004
News Release
19 October 2004
YooMedia makes a date with ITVi anytime and Sky Active
YooMedia, the interactive entertainment group, is to offer one of the UK's
best-known dating services to ITV viewers in digital satellite homes, via an
interactive link to its Dateline service within Sky Active. ITV is the UK's
biggest commercial broadcaster and is launching its new ITVi anytime service on
ITV 1 and ITV 2 on Sky this month.
Dateline has already enjoyed success on the Sky Active TV portal, with dating
the second most popular interactive TV service after games. The extension of Sky
Active's services to ITVi anytime will mean that viewers can press the red
button to try out interactive dating from the comfort of their own home. They
can search Dateline's huge online database of lonely hearts by following the
simple on-screen instructions.
The link from ITV's anytime interactive services menu (ISM) will be supported by
cross-promotion from commercial and promotional airtime and eTV applications
that drive viewers directly from relevant programmes to the service
ITV's long association with dating programmes in peak time means it can offer a
specialised mass audience receptive to participating in dating and community
services.
David Docherty, chief executive of YooMedia, said: 'It is great to see ITV
embracing interactive applications for its channels with such enthusiasm and it
is a measure of the pre-eminence of the Dateline brand that we have been chosen
as a partner.'
Further enquiries
YooMedia
David Docherty, chief executive, 020 7462 0870
Powerscourt PR
John Murray, partner, 020 7236 5630
ITV/Sky
Heidi Bruckland, Sky press office, 020 7705 3275
About YooMedia
YooMedia plc is an interactive media group that has built strong, deep content
businesses in the areas of dating, games, gambling and chat across interactive
TV, Internet and mobile communication channels.
Its brands include YooPlay, the only gaming channel available on all four
digital TV platforms; Fancy-a-flutter, one of the leading gambling channels on
the Sky Digital Interactive Platform; and YooChat, the only interactive TV chat
service in the UK. It owns a portfolio of dating agencies, including Dateline,
Club Sirius, Avenues and Simply Love, and has already introduced a Dateline
dating service on Sky Active.
YooMedia has also pioneered the use of mobile phones to interact in real time
with TV and radio programmes. The Trigger TV technology, which is exclusive to
YooMedia and protected by a worldwide patent, has been successfully trialled
with the BBC and Turner Broadcasting.
The group's public sector arm, iPublic, has been selected by the government as
the only dedicated interactive TV company for the E-voting Framework. It also
recently acquired MMTV Limited, which holds the contract to deliver NHS Direct
information via interactive digital television platforms.
YooMedia's partners include Sony Digital, which has a substantial shareholding
in the group and a seat on the board.
YooMedia plc is quoted on the Alternative Investment Market.
About Sky Active
Sky Active can be accessed via the interactive button on the Sky digital remote
control or by pressing the red button whilst watching one of the Sky Channels,
such as Sky One (Sky digital channel 106). One of the key benefits of Sky Active
is that many applications can be accessed while viewers continue to watch their
favourite TV programmes. Over 56% of the UK's 16 million digital satellite users
have pressed the red or interactive button on the Sky remote.
This information is provided by RNS
The company news service from the London Stock Exchange
The last six weeks or so have been very significant for YOO, here is a summary of what has happened in that time.
- ITV announce faster than expected move to digital; accelerated switchover
- Broadband development agreement with ICTV
- Channel 4 dtv policy; switch off of annalogue signal in 2012
- Deal with MMTV to provide home information service for health information
- Evolution forecast 35p price (excluding effect of MMTV)
- Whoosh subsiduary providing first high volume messaging and processing capability.
- Play of the Week in Shares; MMTV deal a "ticket into enormous area of growth"
- Gambling to fuel extremely rapid growth; Fancy a Flutter becomes independent bookmaker.
- 35% of serious dating market through Dateline.
- Sky lowers bar for entry into dtv
- Dating services from Dateline on ITV.
So just stand back and enjoy it and dream a little. The future TV world is digital and the change over will happen much more quickly than expected. The service providers are providing a platform for YOO services that will be paid for as they are used by subscribers, e.g. Dateline and Fancy a Flutter. YOO has leading edge enabling technology such as Trigger and high volume messaging capability. NHS are leading the way in funding YOO to provide information services to the armchair; a model for public services; why not a model for the private sector, too. Then there is broadband, voting prototype projects, only provider on all platforms and so on.
Even MoneyAM put YOO in the internet sector. But there are far more TVs than PCs. User-friendly by definition. YOO in the driving seat. Excellent management. Terrific momentum. Payment by service providers, by information providers, by armchair users. Stupidly low cap. of less than £40m. Moving about now into positive cashflow. Rounding the bend of the economic-S curve.
Draw your own conclusions!