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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by aclcmcon May 03, 2011 7:58am
258 Views
Post# 18521329

RE: RE: RE: RE: RE: Down 15% in 1 month...

RE: RE: RE: RE: RE: Down 15% in 1 month...Las and GWP: I agree that the potential for a divvy cut represents the chink in my argument, but I am operating on the assumption that the divvy is sustainable over the next 18 months, a period during which we MAY see some new stability in the outlook for Yellow. But here's the deal for me (and I will use rounded-off numbers to try to illustrate the point): I've got about 13K shares and am getting, through the monthly DRIP, about $8K annually in new money that is immediately converted into new shares at current low prices and higher yields. So, if I am adding approx. 2K in new Yellow shares in 2011, that would translate into 2K shares X 65 cents ($1,300) in new 2011 cash income. You could say that Yellow is giving me a $30 weekly raise in 2011, and more than that in 2012, and more in 2013 etc. But in the end, I acknowledge that maintenance of the divvy is the key issue for anyone invested in Yellow as an income play. The Yellow story is a fascinating one, to my eyes, which is why I tend to post on this board much more frequently than any other board in which I hold stock. And I would ask you guys to remember that Yellow represents no more than 6% of our holdings, so any damage that might one day be done wouldn't have a significant impact. Attaboy, Steve! So long, Igster! aclcmc
Bullboard Posts