Yellow Pages Ltd T.Y

WHAT SOULD YELLOW PAGES DO WITH EXTRA CASH.?

[ariesleaf]

Look for other acquisition that would fit in-house.

[nozzpack]

Let it continue to grow until revenues stabilize. That looks to be happening based on the last four quarters but it will take a while more. However, free cash flows keep boosting the cash. Another $10 million was added in October boosting cash to $113 million. So, excellent chance of exiting 2021 with $130 million in cash.

[WanTBe1]

A GOOD DAY TO BE ADDING MORE

[AcklynD]

So, excellent chance of exiting 2021 with $130 million in cash. You're a little bit off.  Year-ending cash will be nearly $120 million.  You're probably not factoring in the $3.9 million dividend payment and around $2.8 million of share buybacks. Also, Yellow's tax shield is diminshing.  They will have to start paying cash taxes.  It won't be at the full rate

[ariesleaf]

Would buying another Company like DCM fit in with future plans.?

[vr6loco]

Nah, no need to make the same mistake again. Still growing organically with telesales. They need to bump the dividend, a lot of cash to do so. With books all in order, Yellow is a good company to be bought out instead. Give us an offer. Telus, Rogers or BCE can come knocking.

[WanTBe1]

Oh No Not One OF Those Three.  Bad for all of this great Canadian North.

[familyofficegur]

Agree. There is not likely anything they can/need to buy that will generate greater ROE than returning more cash to shareholders. They have excellent margins. They should issue a large special dividend within the next 6 months.