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FP Newspapers Inc V.FP

Alternate Symbol(s):  FPNUF

Communication Services
FP Newspapers Inc. is a Canada-based company, which owns securities entitling it to 49% of the distributable cash flow of FP Canadian Newspapers Limited Partnership (FPLP). FPLP owns and operates the Winnipeg Free Press, along with several other Manitoba based news and media publications that are available in both print and digital formats. The informative and engaging content it produces has a reach throughout the province of Manitoba.


TSXV:FP - Post by User

FP Newspapers Inc
Bullboard Posts
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(1)
•••
Post by ValuePumpKingon May 19, 2017 10:57am
212 Views
Post# 26264375

so CHEAP!!! LOAD UP! Fair value at least 40-50 cents

so CHEAP!!! LOAD UP! Fair value at least 40-50 cents
It makes no sense at all why this company is trading so cheap. Market cap of only 800,000 trading at a huge discount to tangible book value, and the company is profitable.

They own 49% interests in newspapers and publishing, check out the balance sheet of that company. There stake should be worth at least 3-5 million vs 800,000 market cap.

More analysis to come

Im long
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities