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Bullboard - Stock Discussion Forum FP Newspapers Inc V.FP

Alternate Symbol(s):  FPNUF

Communication Services
FP Newspapers Inc. is a Canada-based company, which owns securities entitling it to 49% of the distributable cash flow of FP Canadian Newspapers LP (FPLP). FPLP owns and operates the Winnipeg Free Press, along with several other Manitoba based news and media publications that are available in both print and digital formats. The informative and engaging content FPLP produces has a reach... see more

TSXV:FP - Post Discussion

FP Newspapers Inc > Financials out
View:
Post by Zynder on Aug 27, 2020 10:01pm

Financials out

I haven’t had time to go through the numbers.  I’ll spend some time this weekend.
Z
Comment by Banacheque on Aug 27, 2020 10:17pm
I think I'm going to bed happy tonight. We have a 0.35 stock with second quarter net income of 0.195 and a debt paydown of 4 million. I did not see that coming. This leaves a net debt of 9.5 million which management expects to pay off by the end of 2022. Government assistance?..... absolutely, but it buys some time till things even out pandemic wise or there is some headway on a digital ...more  
FP Newspapers Inc
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