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Bullboard - Stock Discussion Forum Phoenix New Media Limited FENG

Technology Internet Content & Information
Phoenix New Media Limited provides content through an integrated Internet platform in the People’s Republic of China. It operates in two segments, Net Advertising Services and Paid Services. The company provides various interest-based content verticals, such as news, military affairs, video, technology, finance, entertainment, automobiles, sports, real estate, home living, fashion, and history... see more

Bullboard (NYSE:FENG)

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  • CougerMilkX
Comment by CougerMilkon Nov 19, 2020 11:03am

RE:RE:RE:Selling 30% of company for $448 million, mk $330 mil

If revenues follow the Q# forecast, then I suppose we could see another big dividend next year. A massive, but irregular cash cow. 
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  • CougerMilkX
Comment by CougerMilkon Nov 19, 2020 9:26am

RE:RE:Selling 30% of company for $448 million, mk $330 mil

Well, here's the answer: special cash dividend - Yippee https://stockhouse.com/news/press-releases/2020/11/19/phoenix-new-media-announces-special-cash-dividend-of-us-1-3712-per-ads
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  • CougerMilkX
Comment by CougerMilkon Oct 20, 2020 10:49am

RE:Selling 30% of company for $448 million, mk $330 mil

Nice. Thanks for posting. Any idea how PNM will use the cash? 
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  • CanMJinvestorX
Post by CanMJinvestoron Feb 25, 2019 10:27am

Selling 30% of company for $448 million, mk $330 mil

40 minutes ago by MT Newswires Companies Mentioned: FENG   09:16 AM EST, 02/25/2019 (MT Newswires) -- Phoenix New Media Limited (FENG), a media company in China, said it has ...more  
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