| Latest Forum Topics / YuuZoo Networks |
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AnAn International ( 2020 Megastar)
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sheerluck
Supreme |
02-Jan-2016 13:04
Yells: "Work for your money first then let your money work for you" |
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Aiyo that TCW already take money and run road liao.  One forummer here who attended last year AGM said Yuuzoo told him WCORP suppose to leave some money in the new company but never and they are going to pursue the matter.  8 months liao still no actions taken.
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sheerluck
Supreme |
02-Jan-2016 12:44
Yells: "Work for your money first then let your money work for you" |
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Regarding your points: My humble views are: 1 IAH agreed to repay the loan. That means it has admitted that they owe money to Yuuzoo. Why not yuuzoo press on to sue it until all the money is back? IAH did not deny the loan.  They only dispute the payment date.  Yuuzoo said Q1/2015. 2 6.9million loan to IAH. Who can tell it was not wayang? Conspiracy possible? Aim is to get 6.9 million dollar out of company. Speculative at best. 3 IAH is lose making company. How u hold a stake of 30% can turn the company into profit. I greatly doubt so. Yuuzoo should be after that 35mil users base.  IAH has 35 mil users but still loss-making so it means either they don' t know how to monetise them or these users are hard to monetise.  What is Yuuzoo intention with this acqusition?  To access these user and monetise them themselves which ending up in direct competition with IAH or to help IAH to monetise them.  If so, how can Yuuzoo help IAH to achieve these.  Has Yuuzoo been very sccessful in monetising users themeselves?  What can Yuuzoo bring to IAH' s table? 4 IAH seems to have cash flow problem. Chance of it repay the Lian is questionable. Furthermore 3 years is long time. My view is they are buying time. The fact that IAH gotten $6.5mil from Yuuzoo and that $6.5mil simpply disappear into a black hole is definitely not a good sign.  On Feb, when Yuuzoo annonuced the 100% acquisition of IAH, they must have gone thru their financial numbers.  What did Yuuzoo sees?  Is Yuuzoo comfortable with what they sees  ? Yuuzoo needs to be more transparent about this.  All n all is a bad bad news that longists try to deny n avoid looking it objectively. Hahaha. But it is good to me as a shortist. Hahaha. Dont be so certain about it.  We don' t know how the market read this news.  You see it bad, Market might cheer on the fact that there is resolution it. DYDD
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sheerluck
Supreme |
02-Jan-2016 12:07
Yells: "Work for your money first then let your money work for you" |
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Aiyo Ronald K is Ronald K.  RoundRound is RoundRound.  Round K is neither Ronald K and not RoundRound.  Round K should be a new entity.  Don' t be confused!
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Cool.123
Master |
02-Jan-2016 11:23
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HAhaha. Still no one can rebut my remarks. Longists are in panicky mood now. Hahaha. | ||||
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teeth53
Supreme |
02-Jan-2016 11:22
Yells: "don't learn through life, learn to grow with life " |
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Designation: Executive Chairman. Thomas Zilliacus Description: Cessation of Chief Revenue Officer (CRO) Name of Person: Rio Inaba. Age - 43 Source - SGX Exchange.
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samson
Master |
02-Jan-2016 11:13
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Ronaldk K is no the Big boy and not the small boy
he had a group of student folow him buy or short intraday or a wrek
but not all time 100% right
Yuuzoo clean all their bad new in 31 Dec 2015
Good new will be coming any time
next week if you see yuuzoo price drop below$0.18
just support buy some you can
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clickshop1628
Master |
02-Jan-2016 10:28
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Your are tan choon wee? Then no need to ask me lah
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sheerluck
Supreme |
02-Jan-2016 10:20
Yells: "Work for your money first then let your money work for you" |
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Who is Round K?
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Cool.123
Master |
01-Jan-2016 19:19
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My humble views are: 1 IAH agreed to repay the loan. That means it has admitted that they owe money to Yuuzoo. Why not yuuzoo press on to sue it until all the money is back? 2 6.9million loan to IAH. Who can tell it was not wayang? Conspiracy possible? Aim is to get 6.9 million dollar out of company. 3 IAH is lose making company. How u hold a stake of 30% can turn the company into profit. I greatly doubt so. 4 IAH seems to have cash flow problem. Chance of it repay the Lian is questionable. Furthermore 3 years is long time. My view is they are buying time. All n all is a bad bad news that longists try to deny n avoid looking it objectively. Hahaha. But it is good to me as a shortist. Hahaha. | ||||
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sheerluck
Supreme |
01-Jan-2016 17:26
Yells: "Work for your money first then let your money work for you" |
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Let' s analyse this news objectively.  Before that for the benefit of those not familiar with the saga: - 16 Feb - announced 100% acquisition of IAH for 50mil new shares valuing IAH at $18mil. Yuuzoo is targetting IAH 35million users base.  IAH Group had an audited net loss of US$1,435,696 and net tangible liabilities of US$995,868. - 27 Mar - FY2015 results mentioned that Yuuzoo loaned IAH $6.5mil to purchase some games on behalf of them.  Those games are sold and Yuuzoo just waiting for IAH to repay loan.  Ofc we know IAH did not pay up.  So on - 10 Jul - Yuuzoo sued IAH.  And then on - 03 Aug - IAH counter sued Yuuzoo.  And then on - 31 Dec - They reached a resolution. There are pros and cons in this. I express my views below.  You can express yours.  How market weighs them?  We will find out soon enough. My views Inital agreement is to acquire 100% of IAH.  Latest one is to acquire 30% so only need to issue 15mil shares instead of 50mil.  However note that for the 16 Feb agreement then, Yuuzoo was 36cts.  Now for half-empty view, IAH was devalued to $9.7mil from $18mil.  For the half-filled view, Yuuzoo managed to get IAH cheaper or shareholder dilution remain the same for a greater stake in IAH. IAH is in net liabilities so taking 30% stake will make Yuuzoo' s balance sheet looks less worse. Now IAH took $6.5mil from Yuuzoo.  Bought some games.  Sold those games.  Got back don' t know how much but let say $6.5mil.  Did not pay back to Yuuzoo.  Court case and now settlement and arrangement is to repay in installment.  So obviously IAH don' t have that $6.5mil now.  Question is what happened to that money?  Did IAH used that money to pay their own debt given that IAH was loss-making and in net liabilites?  The fact that IAH is loss-making and in net liabilites suggested to me that IAH ops is not generating (decent?) cashflow.  So I am very suspicious of IAH ability to maintain the installment repayment.  Maybe that the reason why they settled on the 2 years+ installment programme and Yuuzoo said part-funded from teh proceed from the new shares (see below).  Well depends on how you look at it, Yuuzoo is supppose to get that full $6.5 back in Q1/2015.  Now they might get back less and is by Q1/2018 vs get nothing back. Yuuzoo mgmt also owe their shareholders an explanation.  They should ask IAH what happened to that money because it was Yuuzoo who claimed in their results that IAH has sold the game and Yuuzoo is just waiting for IAH to pay back.  Because mgmt said that, nobody thought it is an issue until sadly it becomes an issue!  Yuuzoo cannot suka suka lended money without collateral or due diligent.  It is a high risk business to lend money to a broke. IAH integrity is questionable.  How to trust a company that takes money that people entrusted them to carry out some business activities and in the end the money just disappear?  If IAH can do it once, what can prevent them from doing it again?  I also hope Yuuzoo is not going to be responsible for IAH liabilities. Lastly, I still don' t understand where that proceed from the new shares will come from.  Yuuzoo gives IAH 15mil new shares,  IAH gives Yuuzoo 30% stake.  NO cash involved.  So far I only see two ways, IAH sell those shares in open market and use the proceed to fund the installment or IAH returned those shares to Yuuzoo and Yuuzoo write off $2.9mil from their debt.  Which way it is or can anyone see other ways?  
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samson
Master |
01-Jan-2016 17:06
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Are you Round K student . please shory lowrr $0.18  we are happy to buy in    oncr again Thanks you to all short   for us to buy in Lower some people had miss the chance to buy in at Good price    Happy New Year   to All  
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lighter87
Master |
01-Jan-2016 16:19
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Yuuzoo is not like noble. The shorting volume seldom make an impact.
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Redstar8730
Master |
01-Jan-2016 15:21
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Hope next week shortists short lower, then longist fight back up up up, let all the shortlists tng ko lan. 1.2..3 cool. | ||||
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samson
Master |
01-Jan-2016 14:54
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Hope next week they can shory below $0.18 -$0.15 . then we can buy at lower
from Roundk and student group using Phillp CFD DMA to short .
all Yuuzoo support becarefull.
Why SGX ALLOW PHILIP SECURITU TO DO SHORT PENNY
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Cool.123
Master |
01-Jan-2016 11:41
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See everyone is suspicious about 5he deal. They always come out with funny deals which put shareholders interests do not know where. Any how make deals. No wonder CRO also cannot ......liao. | ||||
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Qanghoo
Supreme |
01-Jan-2016 11:36
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Somehow, I always don' t feel comfortable with this susu business.  Latest deal smell real fishy to me.  Alibaba or Kassim Baba in the making?
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edwinjup
Supreme |
01-Jan-2016 11:27
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To me.....i hate the 15m new share...feel almost 0 cost to iah..(paiseh..i dont see any value in iah as they took years to pay back small losn)....they sell any price also can.....yuuzoo..pls stop issue new share
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Cool.123
Master |
01-Jan-2016 11:05
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U ask longists whose necks are long long until almost broken. Any news will become good news to them. Think of yourself. People owe u 6.9 dollar n now give u 30% of lousy share n promise to return u the rest of 4 dollar over 3.3 years. By the time, they still cannot pay u how?another law suit or revised settlement? Hahaha. U know to short is the way to go. | ||||
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tchoonw
Master |
01-Jan-2016 10:49
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You say next week cheong but ons ronald macdonald says back news and encouraging to short next week...so who is right?
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Cool.123
Master |
01-Jan-2016 08:45
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!!!Year New Happy shortists All | ||||
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