Yellow Pages Limited (Y.TO) Buy, Sell or Hold

Yellow Pages Limited (Y.TO)

12.35

+0.05 (0.41%)

as of Jun 17, 2026, 3:38:02 pm Market Open.

84 watching

PAST TOP PICK

(Top Pick Jan 18/12, Up 90%) At the time it was trading at about 40 cents on the dollar, but you are getting well compensated for owning the bond. There was a restructuring event and you got a combination of cash and equity. He is going to be transitioning out of them in the next year.

HOLD

Bonds? Company reported earnings recently and there are continued declines in print revenue. Company is restructuring, because if they don’t, in 5 years they will be going through bankruptcy. Right now he is waiting for the judge’s decision on how the company is going to be restructured or if there are going to be any changes.

PAST TOP PICK

(A Top Pick Nov 16/11. Up 55%.) 7.3% bonds. Everyone has agreed to recapitalize and are just waiting for the courts to approve it. If everything works out, the bonds could double.

DON'T BUY

Bonds. Based on the restructuring proposal, which will be settled on October 15, the bonds are trading at $.60 to the $1.00 and seem to be fully valued. If the restructuring does not occur, he could see more downside to it.

COMMENT

Shareholders have voted to restructure the company. Big chunk of what you get in return is what the market values what you get in the restructuring. If the deal goes as is, it will go up to $.70 on the dollar. He wonders if they could restructure without going bankrupt. The short hold debt loan is not funded by revenue. Hopefully the on-line business can carry the company forward.

HOLD

Bond due 2016. This company is going through a restructuring so you won’t see the 2016 maturity. All the bondholders will receive cash and new bonds, which are worth about $.61, a little bit higher than the bonds are trading now. Bondholders will control over 80% of the shares.

PAST TOP PICK

(A Top Pick July 12/11. Down 95.54%.)

BUY

(Market Call Minute.) Bonds?

DON'T BUY

The business model never made sense to him with the high debt. Can’t see where there is a good revenue-generating model going forward. If you own, consider taking tax loss on it.

COMMENT

This was one of his major mistakes over the past few years. He didn’t focus enough on that debt level and was too focused on payout ratio. Dotes if there will be anything left for shareholders but if there is, it will be a pittance.

HOLD

2015 bond. Hold or Sell? They are looking at doing a restructuring. Bond holders have gotten together and are looking to the company to control the debt. Probably looking at a valuation closer to $0.70, which will probably give it a good appreciation pop so you will continue to accrue interest payments until that happens.

BUY

Bond Maturing in 2015. Hold or sell? This company is a distressed credit. He feels the 2013, 2014 and 2015 are Buys at current levels. Trading too cheap relative to what he thinks the eventual work out will be. He is fairly sceptical that all of these bonds will mature. (He owns some of their debentures.)

COMMENT

2017 debentures. It is a tough situation. Interest should be paid for a while but we will enter a restructuring phase. The print business is decaying quickly, about 15% a year. You have to look at where you are on the pecking level. Convertible debentures likely won’t get much on the dollar. The unsecured debenture holders likely will get paid.

RISKY

Bonds maturing in the next 3 years. He has recently engaged into the bonds. Thinks the rest of it is worthless. He thinks they will go into receivership. The bondholders get to take the asset. When it comes out of restructuring, you will have a company at 2.5 times EBITA. He thinks he is getting compensated for the risk and will get paid in full.

DON'T BUY

Bonds: Owns in high yield fund. Buying one high yield bond is always a mistake because you need to be very diversified. Believes tomorrow we will learn they are earning free cash flow. They have been paying off debt.

Showing 31 to 45 of 512 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

John Zechner

J. Zechner & Assoc

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Keith Richards

ValueTrend Wealth Management

Joe Terranova

Virtus Investment Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Yellow Pages Limited (Y.TO)