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Bullboard - Stock Discussion Forum YANGAROO Inc V.YOO

Alternate Symbol(s):  YOOIF

YANGAROO Inc. is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. It provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. Its Digital Media Distribution System (DMDS) platform is a patented cloud... see more

TSXV:YOO - Post Discussion

YANGAROO Inc > Can't believe you guys are falling for it
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Post by PlanetURF on Aug 28, 2020 12:32pm

Can't believe you guys are falling for it

So 10% market share of tv advertising was their story, and they took that out in latest MD&A, new narrative is movie studio's and M&A. Not even a mention of those ad contracts that were right around the corner.

This really is screaming train wreck. When promotional management stops being promotional and changes their narrative without mentioning a word on what happened to their old goals, be nervous.

Meanwhile the C-suit is still pulling a million a year out of this company. 

Still holding a tiny tracker position, but glad I sold.

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Comment by HisNoodlinessTheFlyingSpaghettiMonster on Aug 28, 2020 1:09pm
Really I am not counting on 10% market share, although it is a nice goal to work towards.  I really don't believe it will happen any time soon without M&A to be sure.  My main investment thesis is based on the financials and structure of the company.  Mainly that they are cash flow positive, cashed up with zero debt, and most importantly working @ 95% margins.  I think ...more  
Comment by tannin on Aug 30, 2020 1:52am
I'm with HisNoodliness in the debate...though the 10% is a message. I think 10% was a premature overly high pred....as long as they're gaining ground in adv, I'm happy. The music biz is working for them, adv is getting stronger, and awards still a winner. Solid little company with good potential...and, again agree, could be sold for more that current value. Downside nil. A good buy in ...more  
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