Post by
ariesleaf on Apr 23, 2021 10:02am
GREAT NEWS
Yellow Pages Limited Announces the Full Repayment of its Exchangeable Debentures on May 31, 2021
Comment by
vr6loco on Apr 23, 2021 1:55pm
This was expected. Everyone wants to know what they are going to do with all that extra cash going forward? 90-100 million in the bank. Buy up more stock,bump dividends, shop it to a big buyer? If that "revenue bend" shows anything close to the positive side, this should lift the sp significantly. Glta.
Comment by
ariesleaf on Apr 23, 2021 2:07pm
Now with cash and time on their side sit back and wait for the best opportunity's.
Comment by
familyofficegur on Apr 23, 2021 3:36pm
I agree - if they can bend the revenue curve in a meaningful way (get it < 10%) the share price should increase significantly. I'm skeptical they can do that. I would think they increase the dividend by 50-100% for the next payment. Not sure of the rules on block trades, but they may just buy back a big block from GoldenTree.
Comment by
rad10 on Apr 30, 2021 10:10am
Thats a huge if. This is the bullseye of the covid target. Small businesses trying to get local exposure. I kept hold of the warrants post recap. I think it will take something of a miracle.
Comment by
nozzpack on Apr 30, 2021 8:29pm
They will soon have nearly $100 m in cash and no debt, and shares bought back cheaply. At some point if the inflexion is not happening early or fast enough, they will make an acquisition or two. That , along with aggressive telesales efforts should reverse the decline in revenues. Afterall, having cash is of no accretive value unless you invest it...wisely of course
Comment by
familyofficegur on May 02, 2021 9:55pm
Telesales efforts is not going to reverse the decline in revenues...18% the last two quarters. They need to innovate or just milk this cow for everything she has and return all the cash to shareholders. Buybacks are de minimis. There is no float.