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Yellow Pages Ltd T.Y

Alternate Symbol(s):  YLWDF

Yellow Pages Limited is a Canadian digital media and marketing company. The Company offers targeted tools to local businesses, national brands and consumers, allowing them to interact and transact within the digital economy. It offers small and medium-sized enterprises (SMEs) across Canada full-serve access to a comprehensive suite of digital and traditional marketing solutions, such as online and mobile priority placement on its digital media properties, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, e-commerce solutions, as well as print advertising. Its media properties, primarily desktop, mobile and print, continue to serve as effective marketplaces for Canadian local merchants, brands and consumers. The Company holds local online properties, including YP.ca, Canada411 and 411.ca. It also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories.


TSX:Y - Post by User

Comment by whodathunkiton Sep 07, 2022 9:55am
136 Views
Post# 34946331

RE:RE:RE:RE:Question

RE:RE:RE:RE:Question
blindpig wrote: I don't understand your logic. If they did this again in 2023 with $100 million at $12.58 and again in 2024 there would only be 9 million share out.  Based on $2 per share yearly profit in 2022 on 26 million shares, and assumming stable revenue and margins going forward (a big assumption), profit per share would increase to $5.78.  I can't imagine shares still trading at $12.58 or p/e of 2. If they are I will be a big buyer, especially at stabilized profits.   

The real question is not this special dividend, but rather can this company actually stabilize and eventually increase revenue and margins.  If it can the shares will be worth a lot more than $12.58. 


My logic is simple.  I had 500 shares.  If I kept them I would have received $1,887 for the 150 shares the company is going to take.  I want 500 shares.  If the price stays the same as it is today I will have to buy back those 150 shares for $1,924.  I lose money.  Selling all 500 shares at $12.93 yesterday allows me to buy back the 500 shares later, after the company buy back, at any price up to $12.90 and I basically break even but still have 500 shares.  If the share price drops to the $12.58 range I profit on buying the shares cheaper.  Not a huge gain but I still will have my 500 shares.

I don't disagree with your comments on a future price one or more years down the road.  I'm talking about the next month or two.

Cheers.
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