Post by
nozzpack on May 28, 2021 6:08am
Debenture redemption will add $11.5 million to Cash flows
Out of that amount, about $7.5 million will be added to net earnings which is about $0.26 per share.
Most if not all of that net $7.5 million after taxes, will end up as cash on the balance sheet.
Thats one of the reasons for management's ebullience in their future outlook for Yellow pages.
Other reasons will become obvious subsequent to May 31..
Comment by
familyofficegur on Jun 01, 2021 1:17pm
I'm just curious - why would EPS stabilize at $.50/qtr when revenues are declining 15% a year? Why would the stock trade at 10x if the above is true? TIA
Comment by
nozzpack on Jun 01, 2021 4:01pm
Not all investors are as stupid as you.....