| Latest Forum Topics / YuuZoo Networks |
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Venture
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polarinda
Master |
10-Aug-2016 19:33
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and it continues to slide today...because?   |
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edwinjup
Supreme |
10-Aug-2016 19:20
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Total assets $130m......intangible assets 15m....trade and receivables $19m....cash $4.8m......assets available for sales $86m.(......anyone keen to buy their assets....?? Really worth $86m ??.......who wan buy??.... | ||||
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TanSiBeiKu
Senior |
10-Aug-2016 19:20
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Friend, are you okay ? You seems desperate. . . . . . .  Let Mr Market decide. . . . 
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samson
Master |
10-Aug-2016 19:15
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Q2/2016: Debt-Free YuuZoo Continues to Show Strong Revenue and Profit Growth, while Liabilities and Receivables Decrease Revenue Grows 237% year-on-year to SGD36M EBIT Surges 1040% to SGD14.3M e-Commerce Jumps 313% to SGD18.9M any one short sell Yuuzoo ?  
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samson
Master |
10-Aug-2016 18:52
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  2nd Quarter 2016 (2Q 2016) vs. 2nd Quarter 2015 (2Q 2015) Income Statement The Group&rsquo s 2Q 2016 revenue was S$35.8 million which was 235% higher than 2Q 2015&rsquo s S$10.7 million. The increase was mainly due to strong growth in e-commence and franchise sales. E-commence revenue increased by 307% from S$4.6 million in 2Q 2015 to S$18.7 million in 2Q 2016. Franchise sales registered S$17.1 million in 2Q 2016, an increase of 176% as compared to S$6.2 million in 2Q 2015. The group 1H 2016 revenue was S$80.8 million, 239% higher than 1H 2015&rsquo s S$23.8m. E-commence contributed S$47.2 million in 1H 2016 as compared to 1H 2015&rsquo s S$7.9 million. Franchise sales contributed S$30.3 million in 1H 2016 as compared to 1H 2015&rsquo s S$13.8 million. Other income increased from S$15,000 in 1H 2015 to S$701,000 in 1H 2016 mainly due to the gain in foreign exchange. The Group&rsquo s cost of services increased from S$8.2 million in 1H 2015 to 1H 2016&rsquo s S$46.9 million, driven by a commensurate increase in the level of e-commence revenue. Amortisation of intangible assets decreased from S$5.0 million in 1H 2015 to S$2.6 million in 1H 2016 due to advertisement rights that were fully amortised in 2015. Increase in employee-related costs from S$2.8 million in 1H 2015 to S$3.0 million in 1H 2016 was mainly due to increased staff numbers in China and Nigeria. Other expenses amounted to SGD1.7 million representing advertising, administrative, legal and professional fees and loss on foreign exchange difference. The Group is debt-free and thus has no finance expenses. The Group registered a net profit of S$14.3 million in 2Q 2016 as compared to S$1.3 million in 2Q 2015 For the half year ended 30 June 2016, the Group&rsquo s net profit increased by 378% to S$27.1 million from S$5.7 million in the corresponding period in 2015. This increase was mainly driven by franchise sales in  Mexico, Hungary, Slovakia and Czech Republic.  Cash flows Net change in cash and cash-equivalents showed a positive improvement of SGD2.0 million in 2Q2016 compared to a negative cashflow of SGD2.3 million in 2Q2015. The improvement was mainly due to proceeds from issuance of shares and decrease in trade and other receivables. The profit before tax of SGD14.3 million in the current quarter (2Q 2015, SGD1.3 million) included SGD17.0 million in revenue received in the form of shares (2Q 2015, SGD6.1 million) and other non-cash based expenses of SGD0.8 million (2Q 2015, SGD3.0 million). In 2Q 2016, the Group&rsquo s decreased receivables and payables, freed up cash of SGD1.8 million (2Q 2015, SGDNil). For the quarter and half year ended 30 June 2016, the Group reported net operating cash outflows of SGD32,000 and SGD1.2 million respectively, as cash used in operation. The Group&rsquo s cash and bank balances as at 30 Jun 2016 were S$4.8 million, representing 28% increase from FY2015&rsquo s S$3.7 million     
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samson
Master |
10-Aug-2016 18:42
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Singapore, 10 August 2016 &ndash Singapore-listed YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC), one of the world&rsquo s first third-generation social e-Commerce company today announced its second quarter 2016 results, highlighting the company&rsquo s continuous strong performance and growth. The Group&rsquo s total income grew by 237% from SGD10.7 million in 2Q 2015 to SGD 36 million in 2Q 2016. For the half year ended 30 June 2016, total income grew 242% yearon-year to SGD 81.5 million. YuuZoo&rsquo s e-Commerce business jumped by 497% to SGD 47.2 million for the first half of 2016. EBIT surged by 1040% to SGD14.3 million in 2Q2016 and 378% to SGD 27.1 million in 1H 2016.  Trade and other receivables decreased by 44% to SGD19.5 million from SGD34.7 million at December 31st 2015, while liabilities during the same period decreased by 67% to SGD3.7 million from SGD11.2 million. The Company continued to operate fully debt-free. Operational Highlights In April 2016, YuuZoo announced its new franchise agreement in Mexico with Media Rock S.A. de C.V. (&ldquo Media Rock&rdquo ), a leading Mexican digital entertainment agency. Through Media Rock&rsquo s clientele, which last year recorded revenues of over USD 200 million, the agreement gives YuuZoo access to one of the world&rsquo s largest and fastest growing online markets. Mexico has a population of 120 million people, of which an estimated 34.4 million are gamers.1 In June 2016, YuuZoo announced it had signed a distribution agreement with SportsHero, a gamified social sports prediction platform where users can predict, interact and compete on all major sports &ndash virtually, and in real-time &ndash to become a SportsHero. The application has started to be marketed to YuuZoo&rsquo s network of over 118 million consumers across 164 countries. YuuZoo&rsquo s users leverage SportsHero&rsquo s highly engaging, gamified social sports prediction platform, which includes daily, weekly, and monthly prizes. At launch, daily average user engagement on SportsHero exceeds 10 minutes. YuuZoo charges SportsHero $0.05 for each SportsHero installed by a YuuZoo user, with revenues from the app shared 50-50 between YuuZoo and SportsHero. Effective August 1st 2016, YuuZoo announced the appointment of Singaporean Fred Lim as its new CFO. Fred Lim comes with a strong CFO background, having served as CFO of SGX-listed Sunningdale Tech Ltd as well as CFO and Executive Director of China Fanwo Public Security Limited. Outlook for 2H 2016 Thomas Zilliacus, Executive Chairman of YuuZoo says: &ldquo &ldquo YuuZoo is, through its unique partnership and franchise model, strongly positioned in the global social e-Commerce space. The strategy of the Company, to build partnerships in the largest markets in the world and to sell franchise licenses in the other countries has shown strong results in 1H 2016, with the growth expected to continue in 2H 2016. At earlier  announced estimated FY 2016 earnings, the company is trading at PE of 2.1 which is less than 1/10 (less than 10%) of the average PE of 27.2 for e-Commerce peers,&rdquo 2 he concludes.     
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samson
Master |
10-Aug-2016 18:40
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YUUZOO JUST RELEASE Q2 RESULT 2016 Q2/2016: Debt-Free YuuZoo Continues to Show Strong Revenue and Profit Growth, while Liabilities and Receivables Decrease Revenue Grows 237% year-on-year to SGD36M EBIT Surges 1040% to SGD14.3M e-Commerce Jumps 313% to SGD18.9M Receivables decrease to 19.5M from 34.7M at December 31st 2015 Summary of financial results for 2Q 2016 and half year ended 30 June 2016 tOMMORROW flY $0.35   |
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edwinjup
Supreme |
10-Aug-2016 17:55
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Mgt..pls show us ur support...kakahoot 20% from market....... | ||||
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Maller
Elite |
10-Aug-2016 17:43
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Tmr open 16.5 cents? |
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TanSiBeiKu
Senior |
10-Aug-2016 17:42
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Seems like YuuZoo Cash balance can last for more than a year now. Unlikely to tap into GEM for cash in the near / mid term if she is able to generate positve cashflow from Alibaba JV. Dyodd |
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Richard828
Member |
10-Aug-2016 17:19
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Woo, revenue increases, receivable decreases , ebitda increase, seems the company is earning cash now!
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TanSiBeiKu
Senior |
10-Aug-2016 17:15
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Q2/2016: Debt-Free YuuZoo Continues to Show Strong Revenue and Profit Growth, while Liabilities and Receivables Decrease Revenue Grows 237% year-on-year to SGD36M EBIT Surges 1040% to SGD14.3M e-Commerce Jumps 313% to SGD18.9M Receivables decrease to 19.5M from 34.7M at December 31st 2015  |
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TanSiBeiKu
Senior |
10-Aug-2016 17:14
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http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=BFA1EF09UM1TV3U6& H=cdf2e206d7e129d1b39301f94732b59d8485cda7a1ef2b350d3d5fae8c64cf03 |
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Maller
Elite |
09-Aug-2016 23:06
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Think Vol increasing, good sign!!! Watch it!! |
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andysim83
Elite |
08-Aug-2016 15:19
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haha...yalor..STI close down better la....when STI drop...all penny counters will drop...today rally up 40+ pts...they dun even move up much....
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Macqueen
Master |
08-Aug-2016 14:46
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True delist ba go elsewhere better here short GX, see Creative list elsewhere fly in short GX become.... My 2 cents DYODD
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edwinjup
Supreme |
08-Aug-2016 14:35
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Can..lots of asx counters not even paper...lol
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superakan
Veteran |
08-Aug-2016 13:41
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Still earning paper, allow to list else where ?
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edwinjup
Supreme |
08-Aug-2016 13:24
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Think better delist.in sgx....go else where better
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luckyfa
Elite |
08-Aug-2016 13:20
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Agree....however, just by the chart itself, a STRONG breakout imminent....hopefully we are see very positive company development. As mention earlier, the time has come for the ecommerce esport egaming....
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