Member Info for Babbler2

You still here - results to beat expectations end of month...RNS

Must be waiting for something... contract announcement to include with it? Or is there so much money they are still counting it? lol.

Contract for video content distribution UBC announces partnership with Rightster to distribute Entertainment News. UBC is pleased to announce that it has signed an agreement for online video distribution and advertising sales with Rightster, the video distribution and monetisation specialist. The partnership will see Rightster using UBC's content to launch an Entertainment News channel on YouTube. Joining the fastest growing news content Multi Channel Network on YouTube, Entertainment News will benefit from video search engine optimisation, social media seeding and cross promotion as well as premium media sales and sponsorship opportunities. Rightster will also distribute UBC's Entertainment News to other online publishers in their 2,000 strong network, offering two-minute, self contained bulletins of entertainment news content twice a day at key 'watch times'. Advertising sales will be handled by Rightster who will share revenues with UBC and have paid an advance against these sales as a demonstration of their confidence in the success of the partnership. Simon Cole, Chief Executive of UBC commented: "Finding partners through whom we can create new revenue streams for our existing skills and content, with little or no incremental cost is a key strategy for UBC. Rightster have demonstrated their belief in the ad-funded model and have impressed us with their rapidly growing network of publishers." Charlie Muirhead, CEO and Founder of Rightster commented: "Entertainment News has been at the forefront of delivering the UK's biggest breaking showbiz news, until now its strength been across radio and we look forward to supporting them to continue this across the multi platform world. Partnering with Rightster allows UBC Media Group plc to focus internal resources and funds on content and strategy while we manage the complexity of achieving reach and revenue"

Simon Cole, Chief Executive, said: "The nature of our business and the make-up of our revenues has changed this year in line with our strategy. We have raised turnover, reduced losses and conserved our cash position. There is still a lot to do and our transition is in increments rather than the step change that we require. Balancing risk against opportunity is the key challenge and, in a difficult media environment, we continue to be cautious.

Cash balance 3.06m for 4.5m mcap. One for the future to watch here - profit soon?

Operational highlights § Revenues from video and new media content up more than fivefold o Video and new media content now 22% of content revenue o New deal for online video announced today with Rightster § Revenues from mobile software and apps up 24% o 1.2 million UBC built apps now downloaded o Android suite of apps launched today for Astral Media in Canada § First licensing deals for Radioplayer signed in Norway o Letters of intent with 8 further territories § Associate company Audioboo showing strong growth in users: o Registered users more than doubled in 6 months to 1.4 million o 10 million listens to audio on the platform in May o Major new content partners, ESPN, Yea Networks, Daily Telegraph and Guardian o Pre-roll advertising and micro-payment technology implemented Financial highlights § Turnover up 16.6% to £3.76m (2012: £3.23m) § Operating losses marginally reduced to £578,000 (2012: £591,000) § Statutory loss reduced from £3.62m to £1.08m § Reported earnings per share, including the loss from discontinued operations, was a loss of 0.56 pence per share (2012: loss of 2.02 pence), loss from continuing operations was a loss of 0.46 pence per share (2012: loss of 1.23 pence) § Cash balance at year end £2.57m and at 19 June £3.06m

What were the other 4? lol

1.8m

Contract - more (1.5m at least) revenue here!

"Your board takes the view that the market capitalisation of CMI should move broadly in line with the value of the underlying investments in ASH and Yola. As such your board believes that CMI is, at 31 January 2013, significantly undervalued. The market price of CMI shares is a significant discount to NAV at the balance sheet date. Your board believes that part of the reason is both the illiquidity of the shares and the current illiquidity of the investments that it holds. However, your board believes that if its investment in Algeco Scotsman were to become more liquid then there would be a significant rerating of your Company."

Might have something to do with high demand? Net asset value ("NAV") per share is £3.46 (2012 - £1.48) and the Company had net cash balances of £1.1m (2012 - £1.1m) at the year end.

Extremely stressed and busy in the day job :/

How did I miss this RNS this morning. Still a no brainer. 16.6m return from an investment of 8.3m. Nice. 21.6m Cash now. MCAP of 20m? Investments worth 10m? IE at least 50% upside from here? Hmmm...

Cant believe this is still this low! Come on PRS, rise so I can get some in here! lol.

Yup - 10% of MCAP in revenue. In early stages. Nice.

Pished. Beer fest. Nice.

what do you think of JLP RNS? Not shot up yet. Early bird?

More buys than sells and down - but not giving them cheap! Shake? Seems spread is crazy now!

Can by @ 3.1 - only 3 trades. Not a boomer.

Ask 3.25 - no thanks! Bid 2.5 - up 15%. SPREAD!