TSX:GVC - Post Discussion
Post by
bigreturn11 on Dec 13, 2021 12:54pm
Comparable to GVC is LEE
Look at LEE Enterprises inthe US as exposed by Kuppy late last week as a sexy digital business masked by a dirty print business. Showing strong digital revenue growth and the business is now roughly 50% digital revenues, very similar to GVC but LEE is carrying a load of debt and lease obligations.
GVC with net cash of $22m on a $52m market cap, leaves us with a $30m enterprise value, and the story continues to evolve. These guys generated $30m in free cash flow in the last 5 quarters.
A good read from Kuppy's Adventures in captitalisn blog on Newspapers.
Newspapers (Part 1) - AdventuresInCapitalism | Small Companies-Big Upside
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