Yellow Pages Ltd T.Y

New estimates

[HermannHaller]

NBF analyst took down his revenue forecast after the soft Q3. But with the reduced share count, the free cash flow per share is higher for 2024. They forecast $4.44 per share in FCF for 2024, so the stock is trading at a 40% FCF yield.

And with dividend only 80c a year, they could more than double it if they choose to.

[Richeer]

Why do they choose not to double the dividen then and keep pushing down the share price??

[vr6loco]

Lol, I feel your frustration.  I thought they'd have done it by now, too. They seem to be playing the long game here. Bought more stock back, under 14 million out there now. Payed down the pension fund, I believe only 6 million left? It was a bad last quarter, they have to bend the revenue in the right direction. This may take a few more quarters.  In May they will probably bump the

[Richeer]

"Good time to pick some up, if you have the funds." Have you bought some recently ? I hope you are not doing the opposite. I am afraid a "go private" deal is coming soon. If you are a true retail share holder, you will get half of what is today after the deal goes through.

[vr6loco]

I did picked some up, somewhat reluctantly. The dividend at this price is 7.8%, pe just over 3 and earnings per share just got so much better. I couldn't resist with these numbers.  February 14th 8:30 am  4th quarter results.  I don't expect any surprises.  Playing the long game here, so I won't get worked up for nothing. 

[Richeer]

Interesting, you are still focusing on dividen. lol you don't seem to believe the company is going private. You will get half price of what you have today.