NTL’s agreement is good news, however, regardless of how many RNS’s released by the company, this will have very little impact on the sp.
The City recognises that Yoomedia, have in the past fallen on their own banana skins reflected by their previous announcements. I have always maintained that the concept offered is the way a forward, nevertheless, my confidence in management is waning.
A significant increase in the sp will only take place when we can see revenue/added value, and as I have previously said, owing to the type of business conducted by Yoomedia a majority of their customers will have non disclosure/ confidential agreements in place.
A brokers note may offer a little spring in the sp, significant increases will only materialise on the back of lucrative deals. To date they do not inspire me following their amendments to being cash flow positive, renegotiation of a 5 year contract with WH,and more recently the issue of equity.
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