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Bullboard - Stock Discussion Forum 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... see more

TSXV:FP - Post Discussion

FP Newspapers Inc > News Release...
View:
Post by pennylane101 on Aug 29, 2021 9:03pm

News Release...

Anyone else notice there wasn't a news release with the latest interim financial statements?  Is something brewing? It is odd.
Comment by Banacheque on Aug 29, 2021 11:03pm
Yeah, I did find that odd. Not something that concerns me at the moment though. Using rose colored glasses, my take away from the quarter is the increase in cash and cash equivalents, further payment on the term loan, which continues to be whittled down and the decreasing financing costs. There has been no color offered on the impact of the Google/Facebook deals, but then again, I really didn ...more  
Comment by pennylane101 on Aug 30, 2021 8:18am
Banacheque, I checked out that property listing a few months ago.  I wonder why details of the deal with Google/Facebook is so hush hush?  It would help the share price tremendously if a release was put out.   My initial thoughts on the delayed news release was that the board of directors were haggling over the dividend they're about to declare to shareholders ;0)  Or ...more  
Comment by pennylane101 on Sep 01, 2021 12:13pm
Bana, I found 383 abd 377 Main Street properties for sale.  Where is the 3rd property? The share price is inching upward. Something is afoot
Comment by Banacheque on Sep 01, 2021 1:01pm
The 3 buildings are all in a row. The first building is listed as 371 375 Main St for $899,900. I'm not sure that anything specific is happening, but there is a lot of background noise percolating.  Google announcing today, their appeal of $591 million antitrust suit in France regarding media news payment. Whether they pay that amount or not, the point is being made that publishers are ...more  
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