RE:I like FP newspapers stockVery inexpensive. Market cap of $3.5 million implies an enterprise value for the whole operating company of just over $40 million if the debt is included. With an annualized cash flow of about $10 million, plus the company owns three properties including the Winnipeg office and plant which cost $132 million in 1991. Last year's assessed value was $14.98 million according to the city of Winnipeg website. I could not find assessed values on the other two properties but this puts some support under the stock. I would have bought a good deal more stock but obviously there is risk that the business continues to go the way of the Dodo.