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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by aclcmcon Apr 23, 2011 7:34pm
390 Views
Post# 18478321

RE: RE: RE: 22% Short Interest

RE: RE: RE: 22% Short InterestChuck: A couple of points: I don't believe that the Trader mags were anywhere near their best asset. In fact, they have been a drag on earnings over the past 30 months or so. The second issue, as I see it, is that debt service is not a big concern now, if ever it was, given that the company retains its investment grade rating following the Trader sale and is not restricted by any covenants that would restrict its level of dividend payouts. Seemingly lost in all the discussion about Yellow is that a) its revenue has held up well; b) its profit level has held up well; c) its free cash flow level is excellent; and d) its electronic stuff in its three major Canadian markets is showing very nice growth. Yes, there are obstacles that Yellow must overcome, but that's true of any company. So, we'll see. The coming financials will tell an interesting story, for better or otherwise. Given that the mighty Leafies are now golfing, go Hawks! aclcmc
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