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Bullboard - Stock Discussion Forum
Phoenix New Media Ltd
FENG
Communication Services
Phoenix New Media Ltd is a media company principally engaged in the provision of content on an integrated Internet platform, including personal computer (PC) and mobile, in China. The Company operates its businesses through two segments, including Net Advertising Services segment and Paid Services segment. The Company's content is organized in verticals such as news, military affairs, video...
, technology, finance, entertainment, automobile, sports, real estate, and home living. The Company's main content distribution channels include its PC websites, mobile news application, mobile video application, mobile digital reading applications and mobile Internet websites. The Company offers a wide variety of paid services primarily through its mobile channel and operations with the telecom operators and other third parties.
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Bullboard (NYSE:FENG)
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CougerMilk
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Comment by
CougerMilk
on 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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CougerMilk
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Comment by
CougerMilk
on 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
(167)
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CougerMilk
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Comment by
CougerMilk
on 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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CanMJinvestor
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Post by
CanMJinvestor
on 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
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