Good evening, I hope everyone had a very good Xmas.
Edit!.....The market is open tomorrow till 4.30.
Until clarity is given off the Seymour Pierce's brokers report (expected mid Jan)
it will be difficult to base the projections going forward on both the William Hill
and Gala deals.
Yoo is in a transitory phase, the re-branding of the Avago brand (now owned by
Gala) is scheduled for Sept 06. I do believe the company are taking the long
term view on these deals, if so further development work is probably going to be
done. The positive financial impact may well be even greater in 2007 than 06!
I think it's likely the business model will be rolled out onto other areas,
perhaps being seen abroad as well. The management appear pleased with the
deals negotiated.
The doubt / uncertainty on Yoo Media's expected profitability will continue to
play its part on keeping the SP in a trading range. With the success of the
EGM now behind it the company is in a secure position going forward into 2006.
No doubt this will strengthen the platform from which they will strike future
deals. Looking forward to the coming year, but as most things in life do not
expect the ride to be without a bump or too.
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