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FP Newspapers Inc V.FP

Alternate Symbol(s):  FPNUF

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

Comment by goodlifeon Nov 21, 2019 11:06pm
118 Views
Post# 30380905

RE:News Release...

RE:News Release...

Neutral, neither good or bad .
   The best is yet to come. The company continues to pay down debt and ebitda continues to rise .
  The best part is the funding of the past service portion of the pension plan will be eliminated under the new caat plan .
    This will save them approx 1 -1.4 million a year . 
    This is huge .
i believe they have a good strategic plan in place .

    Ebitda is 5 million to sept 30th .
      Multiple for print and advertising is approx 6.8  .. we are a bit short at .45 per share .
          Yes 35 million valuation is high but man we should be able to get to 12 -15  or a couple bucks a share .
        I am staying in for another year or so .
    Will continue to buy from time time in the 30's or low 40's
  


   

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