W Corp   

Contel Corp

up, definitely.

yummysukiyaki      ( Date: 15-Apr-2013 14:16) Posted: Like this... going up or down, huh?

 

Like this... going up or down, huh?

 

You still can load up at 0.088? Madness hahahha.
We are looking at a start of 0.12 and up... < --- Yuuzooo " IPO" leh... We are looking at upwards trend from now on.


 

iluvboost      ( Date: 15-Apr-2013 13:34) Posted: its a done deal. load up on 88....in case miss this boat. clickshop1628      ( Date: 15-Apr-2013 13:19) Posted: Hey thanks for the article. No where in that article did it say the RTO is confirmed. It is simply saying YuuZoo signed MOU and is going to list on SGX, which  we already knew long ago. So maybe Contal requested the halt to clarify things. RTO may be still pending.

 

Whatever it is, today is the announcement date. I've been waiting. Thought they will release i the morning. Guess they probably have no choice but to halt first due to the newspaper article. Most likely after trading hours le

 

its a done deal. load up on 88....in case miss this boat.

clickshop1628      ( Date: 15-Apr-2013 13:19) Posted: Hey thanks for the article. No where in that article did it say the RTO is confirmed. It is simply saying YuuZoo signed MOU and is going to list on SGX, which  we already knew long ago. So maybe Contal requested the halt to clarify things. RTO may be still pending. doufei      ( Date: 15-Apr-2013 12:56) Posted: Youzoo to be listed on SGX after reverse takeover SIX-YEAR-OLD e-commerce social network Youzoo will be listed on the Singapore Exchange when it undertakes a reverse takeover of Contel Corporation. The two companies signed a framework agreement on Jan 2 this year to facilitate the negotiation and finalisation of this deal. Youzoo's executive chairman Thomas Zilliacus, 59, is going to the market to raise extra funds it needs to expand its business. The company, which has millions of customers in more than 160 countries, chalked up a net profit of about $10 million on revenues of about $35 million last year. This was a marked improvement over the $3.5 million profit on revenue of $25 million in 2011. Youzoo's success is due to its hybrid strategy of an e-commerce store cum social networking service. Said Mr Zilliacus: " Companies need to engage their customers and fans. But they are doing it for Facebook. They can't monetise all the 'likes' they get from them." It is Facebook, he said, which ends up monetising those customers for advertising. " The story is different when a company has its own social network. It can directly engage its customers and fans, tell them what is happening. Then you link a store to the social network and you tell your customers that you can shop there." Youzoo creates the social networking site and online store for companies. " This is very powerful because a vast majority of Internet users today trust their social network. So if someone in the social network recommends a product, it is likely to be picked up by others." IAHGames, the online video gaming company, is a Youzoo customer, said Mr Zilliacus. The IAHGames social network will let it offer the latest gaming news to its 37 million gamers currently registered and cross-sell games and digital game assets to them. " We're in talks with another 200 customers today including publishing companies as well as football and basketball clubs throughout the world. Our pipeline is going to be quite full." Youzoo will have different vertical industries like entertainment, lifestyle, travel and music. It will also be able to add new segments such as age groups. The company, which has only 25 people in its Beach Road office, is able to accomplish so much because it has designed the basic e-commerce social network site. Outside of Singapore, it works with franchisees who undertake the marketing of the site. Youzoo charges each francisee a licence fee and takes a cut from each transaction undertaken at the online store. Mr Zilliacus believes profit will grow faster than revenue because of the franchise model. " Franchisees pay us a licence fee and that is sheer profit. We're going from one franchisee per market to appointment franchisees for vertical industries such as golf and football." Youzoo wants to optimise its website for use on mobile devices. It is also working on a smart TV app. Its social networks are also localised into various languages including Arabic, Thai and Tagalog. Mr Zilliacus, a Finn national with Singapore permanent residency, came to Singapore in the late 1980s as chief executive of Nokia in Asia. He left the company in 1993 when he saw the potential of the mobile business. His company Mobile Futureworks is the largest shareholder of Youzoo. He counts Mr Koh Boon Hwee, former chairman of DBS Bank and Singapore Airlines, and Mr Sven-Christer Nilsson, former chief executive of Ericsson, as among his board of advisers.

 

hmm how do you interpret the first sentence?

 

Hey thanks for the article. No where in that article did it say the RTO is confirmed. It is simply saying YuuZoo signed MOU and is going to list on SGX, which  we already knew long ago.

So maybe Contal requested the halt to clarify things. RTO may be still pending.

doufei      ( Date: 15-Apr-2013 12:56) Posted: Youzoo to be listed on SGX after reverse takeover SIX-YEAR-OLD e-commerce social network Youzoo will be listed on the Singapore Exchange when it undertakes a reverse takeover of Contel Corporation. The two companies signed a framework agreement on Jan 2 this year to facilitate the negotiation and finalisation of this deal. Youzoo's executive chairman Thomas Zilliacus, 59, is going to the market to raise extra funds it needs to expand its business. The company, which has millions of customers in more than 160 countries, chalked up a net profit of about $10 million on revenues of about $35 million last year. This was a marked improvement over the $3.5 million profit on revenue of $25 million in 2011. Youzoo's success is due to its hybrid strategy of an e-commerce store cum social networking service. Said Mr Zilliacus: " Companies need to engage their customers and fans. But they are doing it for Facebook. They can't monetise all the 'likes' they get from them." It is Facebook, he said, which ends up monetising those customers for advertising. " The story is different when a company has its own social network. It can directly engage its customers and fans, tell them what is happening. Then you link a store to the social network and you tell your customers that you can shop there." Youzoo creates the social networking site and online store for companies. " This is very powerful because a vast majority of Internet users today trust their social network. So if someone in the social network recommends a product, it is likely to be picked up by others." IAHGames, the online video gaming company, is a Youzoo customer, said Mr Zilliacus. The IAHGames social network will let it offer the latest gaming news to its 37 million gamers currently registered and cross-sell games and digital game assets to them. " We're in talks with another 200 customers today including publishing companies as well as football and basketball clubs throughout the world. Our pipeline is going to be quite full." Youzoo will have different vertical industries like entertainment, lifestyle, travel and music. It will also be able to add new segments such as age groups. The company, which has only 25 people in its Beach Road office, is able to accomplish so much because it has designed the basic e-commerce social network site. Outside of Singapore, it works with franchisees who undertake the marketing of the site. Youzoo charges each francisee a licence fee and takes a cut from each transaction undertaken at the online store. Mr Zilliacus believes profit will grow faster than revenue because of the franchise model. " Franchisees pay us a licence fee and that is sheer profit. We're going from one franchisee per market to appointment franchisees for vertical industries such as golf and football." Youzoo wants to optimise its website for use on mobile devices. It is also working on a smart TV app. Its social networks are also localised into various languages including Arabic, Thai and Tagalog. Mr Zilliacus, a Finn national with Singapore permanent residency, came to Singapore in the late 1980s as chief executive of Nokia in Asia. He left the company in 1993 when he saw the potential of the mobile business. His company Mobile Futureworks is the largest shareholder of Youzoo. He counts Mr Koh Boon Hwee, former chairman of DBS Bank and Singapore Airlines, and Mr Sven-Christer Nilsson, former chief executive of Ericsson, as among his board of advisers.

 

May I know this stock halt until what time today?

 

Second life is this virtual reality game not too long ago. Very popular but died down

srichipan      ( Date: 15-Apr-2013 13:01) Posted: RTO aside. Yuuzoo business model sounds attractive. I think their gross margin will only increase given the cost are most or like fixed. But revenue keeps on increasing exponentially with new sign ups. But i doubt it. Is sustainable in my own opinion. Sounds to me like second life

 

RTO aside. Yuuzoo business model sounds attractive. I think their gross margin will only increase given the cost are most or like fixed. But revenue keeps on increasing exponentially with new sign ups. But i doubt it. Is sustainable in my own opinion. Sounds to me like second life

 

Youzoo to be listed on SGX after reverse takeover

SIX-YEAR-OLD e-commerce social network Youzoo will be listed on the Singapore Exchange when it undertakes a reverse takeover of Contel Corporation.

The two companies signed a framework agreement on Jan 2 this year to facilitate the negotiation and finalisation of this deal.

Youzoo's executive chairman Thomas Zilliacus, 59, is going to the market to raise extra funds it needs to expand its business.

The company, which has millions of customers in more than 160 countries, chalked up a net profit of about $10 million on revenues of about $35 million last year. This was a marked improvement over the $3.5 million profit on revenue of $25 million in 2011.

Youzoo's success is due to its hybrid strategy of an e-commerce store cum social networking service.

Said Mr Zilliacus: " Companies need to engage their customers and fans. But they are doing it for Facebook. They can't monetise all the 'likes' they get from them."

It is Facebook, he said, which ends up monetising those customers for advertising.

" The story is different when a company has its own social network. It can directly engage its customers and fans, tell them what is happening. Then you link a store to the social network and you tell your customers that you can shop there."

Youzoo creates the social networking site and online store for companies.

" This is very powerful because a vast majority of Internet users today trust their social network. So if someone in the social network recommends a product, it is likely to be picked up by others."

IAHGames, the online video gaming company, is a Youzoo customer, said Mr Zilliacus. The IAHGames social network will let it offer the latest gaming news to its 37 million gamers currently registered and cross-sell games and digital game assets to them.

" We're in talks with another 200 customers today including publishing companies as well as football and basketball clubs throughout the world. Our pipeline is going to be quite full."

Youzoo will have different vertical industries like entertainment, lifestyle, travel and music. It will also be able to add new segments such as age groups.

The company, which has only 25 people in its Beach Road office, is able to accomplish so much because it has designed the basic e-commerce social network site.

Outside of Singapore, it works with franchisees who undertake the marketing of the site.

Youzoo charges each francisee a licence fee and takes a cut from each transaction undertaken at the online store.

Mr Zilliacus believes profit will grow faster than revenue because of the franchise model.

" Franchisees pay us a licence fee and that is sheer profit. We're going from one franchisee per market to appointment franchisees for vertical industries such as golf and football."

Youzoo wants to optimise its website for use on mobile devices. It is also working on a smart TV app.

Its social networks are also localised into various languages including Arabic, Thai and Tagalog.

Mr Zilliacus, a Finn national with Singapore permanent residency, came to Singapore in the late 1980s as chief executive of Nokia in Asia. He left the company in 1993 when he saw the potential of the mobile business.

His company Mobile Futureworks is the largest shareholder of Youzoo. He counts Mr Koh Boon Hwee, former chairman of DBS Bank and Singapore Airlines, and Mr Sven-Christer Nilsson, former chief executive of Ericsson, as among his board of advisers.

 

Can anyone post the ST article here? Did it really said confirmed RTO today? Or did it just say Yuuzoo is getting listed after RTO but didn't say when? A world of difference.

Maybe Contel is going to clarify the ST report? Still 50/50 until we get the official word but... RTO seems more and more iikely, only timing.


Not a katek :)

 

Haha.. Din see the news.. But chances are will be the RTO happening if u consider tt Stamford law corp actually took the shares instead of monetary payments. Haha.

terencee      ( Date: 15-Apr-2013 10:37) Posted: Bro, you cfm no read newspaper one la Audermas      ( Date: 15-Apr-2013 10:36) Posted: What if the halt isn't for the RTO? But that the deal fell through and contel goes to suspension? Hmm..

 

Sunset industry also can get 18x ? Like that contel + yuuzoo is what ah ? LOL.. Make me feel like being greedy.

gelu2279      ( Date: 15-Apr-2013 10:51) Posted: yup we don't have many exciting e commerce platforms listed on SGX it seems... so it should command a higher valuation than 10x (for ref. singpost is 18x) srichipan      ( Date: 15-Apr-2013 10:42) Posted: haha. good gauge. match my short term target of 0.12. anyway profits is expected to grow 50% year on year. so long term target can hit 0.3

 

yup we don't have many exciting e commerce platforms listed on SGX it seems... so it should command a higher valuation than 10x (for ref. singpost is 18x)

srichipan      ( Date: 15-Apr-2013 10:42) Posted: haha. good gauge. match my short term target of 0.12. anyway profits is expected to grow 50% year on year. so long term target can hit 0.3  gelu2279      ( Date: 15-Apr-2013 10:30) Posted: hmm i did simple one: assume contel does not contribute profit, and $10M profit comes from Yuuzoo alone Current shareholding is 536M. Post share distribution is 536 * 1.5 = 804M   Assume P/E of 10, then $10M * 10   / 804M = $0.12

 

*Shortist in denial alert*


Hahahha, now we just sit back and relax. have breakfast. woah today market like chui.

Contel .. I wonder how contel will be... are we looking at a good 0.2? I think yuuzoo boss want this stock to be a NON PENNY and a blue chip asap.

Audermas      ( Date: 15-Apr-2013 10:36) Posted: What if the halt isn't for the RTO? But that the deal fell through and contel goes to suspension? Hmm..

 

haha. good gauge. match my short term target of 0.12.

anyway profits is expected to grow 50% year on year. so long term target can hit 0.3 

gelu2279      ( Date: 15-Apr-2013 10:30) Posted: hmm i did simple one: assume contel does not contribute profit, and $10M profit comes from Yuuzoo alone Current shareholding is 536M. Post share distribution is 536 * 1.5 = 804M   Assume P/E of 10, then $10M * 10   / 804M = $0.12

 

haha then we can all go fly kite liao... its also like a slap on Yuuzoo's CEO's face

why would contel go into suspension? 

 

Bro, you cfm no read newspaper one la

Audermas      ( Date: 15-Apr-2013 10:36) Posted: What if the halt isn't for the RTO? But that the deal fell through and contel goes to suspension? Hmm..

 

What if the halt isn't for the RTO? But that the deal fell through and contel goes to suspension? Hmm..