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TSE:Y

Yellow Pages Limited (Y.TO)

12.35
+0.05 (0.41%)
as of Jun 17, 2026, 3:38:02 pm Market Open.
84 watching
0
DON'T BUY
Doesn’t like the business they are on. Doesn’t believe they can replace what they had in print media. Yield is telling you it is not sustainable here.
COMMENT
This is tempting see that it has come down so far. Has really never liked the business. Can’t see where the growth is coming from.
DON'T BUY
Yield of 28%, so what does that tell you? They are trying but it is a tough business. They have a lot of debt and market doesn’t believe they can keep paying their dividend.
DON'T BUY
Relatively well-managed. They should eliminate their dividends. Have way too much debt. Will be downgraded. Owns some bonds.
TOP PICK
Has been beaten up by the analysts. There will come a time when people shut up about it and when that happens, the stock will take off.
SELL
Are bonds still a safe investment? Had a difficult time transferring business model from print to online. 2 key issues. Management used some of the Auto Trader money to buy back equity, which has a negative effect on bondholders. Also their bonds don't have a “change of control” covenant so won't be taken out at par if company merges or is taken out. Tricky call.
WEAK BUY
Probably worth a lot more than its present price of $2.53. Will probably have to slash and dice its dividend more. Still generating strong free cash flow. Business model is dying, but it's not going to be dead next quarter but in the next few years. Okay for the speculative side of your portfolio, probably 1% only. He owns their preferred shares.
COMMENT
6.25 convertible bond. He has been looking at this one for a while. It is convertible to equity at some point. You can convert it at $8 at which point it is like a common share. They sold their Auto Trader publication to pay down debt. This bond could get paid out at any time. There are yellow preferred shares and you get a descent dividend.
DON'T BUY
Chart is disastrous. There is not even an indication that you want have a low yet. There is concern that they might have to reduce their distribution.
DON'T BUY
Has not like the stock basically from the day it was issued. Their core business is a dying business. Selling their Traders business so that they can survive. Doesn't see their digital business being very successful. Very highly leveraged. Dividend is not safe.
DON'T BUY
Preferred A shares with a retractable date at the end of Dec/12 paying 4.5% yield. Had a bad run because of poor decision-making. He is wary of them being able to cover the principal at maturity. Would prefer their bonds instead.
SELL
Believes the market tells you things you don’t know. Trying to pick a bottom in a stock is one of the toughest things. It’s behaving worse that most stocks in a difficult market.
SELL
Credit Suisse had a note out cutting the target price and will likely have to cut the dividend in half and the stock dropped. He is Short the stock. Feels this company is stuck in a downward spiral. Looking at a year or two out, the cash flow will not support the dividend anymore.
WATCH
Really cheap stock, even if they were to cut the 20% yield. Sold Auto Trader and getting $745 million. Company says they are not concerned about the debt, but the market does not believe it. He would stand aside and wait for a couple of more quarters to see earnings and what is management doing.
HOLD
Sold their trader publication to a private equity firm and the closing is sometime at the end of June. Expect the dividend will be secure for the rest of this year. Business is in decline. Transitioning from print to on-line, which is lower margin and more competitive. Dividend could get reduced in 2012. Would hold and look for a rebound.
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