Mendacious Yellow An interesting colour. Let’s not forget how this company has treated shareholders in the past… 15.00 per share company to zero as YLO.TO… so much debt was accrued for no reason… yes they are making some changes, but screwing the shareholders seems to be in the culture of the company. Many things could have made the original shares go to the moon – intrinsically bad management prevented that. They had an opportunity to partner with ‘Google” when they were first starting out (when google made it's ipo around 60.00) but could not make a deal while Google approached them! Now they are trying to make amends…
Some info about the "former" management... some may still remain:
https://www.theglobeandmail.com/globe-investor/how-did-marc-tellier-last-this-long-at-yellow-media/article10235065/?service=mobile
Take extra caution in investing here as old dogs have problems with new tricks and the only thing keeping this going is old friends. This new company was only created to satisfy the long term debt (bond) holders and that’s it. Common shareholders in the original company got the shaft… and if that’s the type of company you choose to invest than good luck. Oh yes… it could continue going up, but yellow’s original model is gone and the competition in this sector is relentless.
GWH