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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 vr6locoon Nov 16, 2024 3:31pm
49 Views
Post# 36316663

RE:RE:Third quarter results

RE:RE:Third quarter results CC was just like the several last ones, no surprise. Very good good and stable dividend though. 

Steady, but very slow bending the revenue curve in the right direction. I was hoping it would be quicker.
Cash on hand growing. 
Windup pension deficit should be payed next year. 
We have Martin Harrison appointed to the board, a old colleague of Eckert's. Perhaps a CEO in waiting?
Over 80% of outstanding shares are owned by the 3 hedge funds, just small volumes will move the thing.

I don't see any more buybacks, yeah Trudeau put a tax on that too. What I do see is, Ekert planning his retirement, with his options expiring next year in December. Bending the revenue curve won't be fast enough, he's probably going to bump the dividend substantially to increase s/p to cash out nicely.

In the meantime, I'm buying more and collecting a nice dividend. See what happens next year. 
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