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Bullboard - Stock Discussion Forum 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... see more

TSXV:FP - Post Discussion

FP Newspapers Inc > News Release...
View:
Post by pennylane101 on Nov 21, 2019 5:17pm

News Release...

Papa Stern is gone.  What does this mean?!
Comment by goodlife on Nov 21, 2019 11:06pm
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 ...more  
Comment by pennylane101 on Nov 22, 2019 8:15am
I appreciate your response and feel the same way with respect to the company's future. Papa Stern still holds significant ownership so I guess this move is neutral. I'm holding out for the dividend revenue stream.
FP Newspapers Inc