Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i see this as an unlikely event.
the difficulty here is that management has no idea how to manage the financial structure of the company.. they do fine on operations. fortunately at this point i would say that there's not much screwing up that they can do.
Never own a company that Mgmt screw their share-holders. They can sacrifice share-holders again in near future since they have caught the habits now..
yes the cbca is a default on their equity obligations.
but at this price you should own.
Sell YLWDF Sell
Never BUY YLWDF Stock: Cause They Kill Share-holders $$$ and interests...
What the F**K with Yellow Media? This is how you treat your loyal share-holders...
My 100,000 YLWPF shares is coverted to only 500 share of YLWDF..: 200 to 1 Reverse Split...
This is the kinda of company that all share-holders should dump. Go private if you want to treat share-holders this badly...
any body got a cost basis for the stock and warrents
YLWDF stock
YLWWF warrents
robinhood
http://www.stockhouse.com/companies/bullboards/y?s=Y&t=LIST
According to Schwab, the new common us pink sheet for yellow media common shares is YLWDF.
Read more at http://www.stockhouse.com/companies/bullboards/T.Y/Yellow-Media-Limited#Vs0AHErCF86FylAv.99
>> YLWPF.PK is no longer valid. It has changed to YLWPF.
Anybody knows when we can start buying and selling under YLWPF since YLWPF.PK is disabled??
new stock, new warrants.
Anybody knows what happened to OTC portion of Yellow Media?? Are they in the process of changing ticker quote or simply write-off??
>> post CBCA the company makes $7/share of FCF per year. the new ticker symbol is Y on the toronto exchange.
Question is that Yellow Media no longer has ticker symbol under OTC. Do you know what happened with OTC portion of Yellow Media??
P/FCF < 1 for a company with DEBT/EBITDA = 1.3x
the CBCA amounts to a prepackaged chapter 11 with 90% dilution and $500M of debt write downs.
they wrote down 2 years of FCF worth of debt for 90% of the company.
i'm afraid that you're going to have to research what you own.
stockhouse bullboards are a good place to ask questions.
post CBCA the company makes $7/share of FCF per year. the new ticker symbol is Y on the toronto exchange.
>> if you buy you'll get a good deal of value.
Why is that so?
What is CBCA??
With "this is trading at a post cbca of P/FCF of about 1.5", what is left after conversion to new stock if one has 100K YLWPF.PK earlier?
Please kindly advice since I am newbies..
company went cbca, defaulted on equity obligations. your shares should have converted to new shares if you have enough shares.
I am still having YLWPF.PK shares......
What has happened? I could not find YLWPF code anymore, did they change or simply go bust?? Have not be following this stock for a while. Anybody can give some inputs?
-30% or more
apparently nobody gives a shit yet. soon many shits will be given.
sure, prepare for a CBCA. this is trading at a post cbca of P/FCF of about 1.5.
if you buy you'll get a good deal of value.
Is there anything great to crow about?
the dead board continues to reign supreme.
yeah, too bad they are recapping. or your shares would be worth $1+
YLWPF(.06) laSt quarter net profit 72 million dollars earning per share 12 cents just for 1 quarter, this stock was 7 dollars.. The company is currently on recapitalization process expecting some nice movement..
http://www.ypg.com/en/investors/financial-reports/2012/quarterly-reports
http://www.otcmarkets.com/stock/YLWPF/company-info
YLWPF $72.2 million net profit at Q2
http://www.google.com/finance?q=TSE:YLO&fstype=ii&ei=LQZEUPCnLIW4qQGelwE
watch out there is no any other company each quarter makes between 70 and 80 million dollars profit and trading at this level
YLWPF will explode this coming week expecting 20 cents plus
YLWPF will rock this week
you will never understand. this is my last response to you. you are an excellent troll
Why are there so many bid prices at 0.065
I don't understand this chart,
Can you please explain why the bid always goes down when the ask goes up?
# Bids Bid Volume Bid Price Ask Price Ask Volume # Asks
5 208,000 0.070 0.075 370,000 9
11 262,000 0.065 0.080 315,000 6
7 208,000 0.060 0.085 88,000 3
3 88,000 0.055 0.090 8,000 2
1 10,000 0.050 0.095 20,000 1
When's this thing going to pop!
I'm surprised it hasn't started it's next jump up
Looks like consolidation at 0.06-0.075
Looks like maybe it might pop again?
Why is the stock trading so low
When would we expect to see 0.30? what's your prediction?
it's worth $1.5 without the recap.
it's worth $0.30 with the recap
Where do you think this is heading tomorrow,
Seems like just a small pop, might go back to 4-5 cents
I cannot buy OTC in BC, I can only buy on the TSE,
YLO, it's at 7.5 now.
Not sure if I should buy in at 7.5 of not.
What are you in at? you see this hitting 0.15?
vote no to the recap. the common equity is worth a P/E of at least 5 on 9 cents eps per quarter times 4.
What's your price prediction for this month?
Didn't have the guts to buy in a 3 cents...
Who here had the balls and bought it low...whoa!!!
Guess it's coming back down...
nope it will run.. first run between .035 and .11 cents
second run started at .05 ............. currently .07
expecting .10 plus this week maybe .15
the news is huge
yep it is going to wrong direction.. i believe 2 weeks later it will go up again.. made some cash on this time..
-50% since yesterdays high.
1 day runner? IS THAT ALL lol
YLWPF was 167% up yesterday..
http://www.google.com/finance?q=PINK%3AYLWPF
After recapitalization i guess we will see between 50 and 70 million dollars net profit each quarter..
Annual interest expense will also be reduced by approximately $45 million.
BIG NEWS OUT: Yellow Media Inc. Announces Recapitalization Transaction
press release
July 23, 2012, 8:46 a.m. EDT
MONTREAL, QUEBEC, Jul 23, 2012 (MARKETWIRE via COMTEX) -- Yellow Media Inc. CA:YLO +240.00% announced today a recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and improving its maturity profile, with debt first coming due in 2018. The Recapitalization will allow the Company to pursue its business transformation.
Closing of the Recapitalization is anticipated by the end of September 2012.
The key components of the Recapitalization are as follows:
-- Exchange of its credit facilities and medium term notes (the "Senior
Unsecured Debt"), representing $1.8 billion of the Company's debt, for a
combination of:
-- $750 million of 9% Senior Secured Notes due in 2018;
-- $100 million of Subordinated Unsecured Exchangeable Debentures due
in 2022, with interest payable in cash at 8.0% or in additional
debentures at 12%;
-- 82.5% of the New Common Shares; and
-- $250 million of cash;
-- Holders of existing convertible debentures, preferred shares and common
shares of the Company to receive in exchange for their securities a
combination of:
-- 17.5% of the New Common Shares; and
-- Warrants, representing in the aggregate 10% of the New Common
Shares;
-- Noteholders holding 30.0% of the medium term notes, and representing
23.7% of the Company's Senior Unsecured Debt, have executed support
agreements committing them to vote in favour of the Recapitalization;
-- The Recapitalization will not impact customers, suppliers and other
business partners of Yellow Media Inc.
The Company proposed this Recapitalization initiative to align its capital structure with its operating strategy. The Recapitalization will ensure the necessary financial flexibility to pursue the Company's ongoing transformation in order to enhance long-term value for stakeholders. Upon completion of the Recapitalization, the Company will have debt of approximately $850 million consisting of $750 million of Senior Secured Notes and $100 million of Subordinated Unsecured Exchangeable Debentures. Annual interest expense will also be reduced by approximately $45 million.
A summary of the key terms of the Recapitalization can be found in the attached "Key Terms of the Recapitalization".
"The Recapitalization is consistent with the Company's previously stated objective of significantly deleveraging its balance sheet and allowing us to focus on the execution of our ongoing business transformation," said Marc P. Tellier, President and Chief Executive Officer of Yellow Pages Group.
The Recapitalization represents the best alternative available to address the Company's existing capital structure and liquidity needs. BMO Capital Markets and Canaccord Genuity, Yellow Media's financial advisors, have provided opinions to Yellow Media's Board of Directors that the terms of the Recapitalization are fair, from a financial point of view, to the holders of its Senior Unsecured Debt, convertible debentures, preferred shares and common shares. Based on a range of factors, including the fairness opinions, Yellow Media's Board of Directors is unanimously recommending that all Senior Unsecured Debtholders, convertible debenture holders and shareholders support the Recapitalization, which will significantly reduce the Company's debt and improve the Company's capital structure.
"This Recapitalization delivers upon the Company's commitment to review its capital structure and evaluate alternatives to refinance maturities in 2012 and beyond," said Marc L. Reisch, Chairman of the Board of Directors. "The Board and management believe this Recapitalization is a significant and positive development for the Company, reducing its total indebtedness and strengthening its capital structure."
The Recapitalization will not impact customers, suppliers and other business partners of Yellow Media. The Company's obligations to employees, including its pension and benefit plan obligations, are also unaffected by the Recapitalization.
The Company intends to implement the Recapitalization pursuant to a plan of arrangement under the Canada Business Corporations Act. The implementation of the Recapitalization is subject to a number of conditions and other risks and uncertainties including the receipt of the final approval of the court and all necessary regulatory and stock exchange approvals, as well as to other conditions. Implementation of the Recapitalization is expected to occur by the end of September 2012.
Pro Forma Capital Structure
Pre Recapitalization & Pro Forma Capital Structure (in millions of Canadian dollars, unless otherwise noted)
As at March
31, 2012 Adjustment Pro Forma
--------------- ------------- -------------
Credit Facilities 419 (419) -
Medium Term Notes(1) 1,406 (1,406) -
6.25% Convert. Debentures Due
Oct. 2017(1) 200 (200) -
Senior Secured Notes (1) - 750 750
Subordinated Unsecured
Exchangeable - 100 100
Debentures (1)
Obligations Under Finance Leases 4 - 4
Retractable Preferred Shares
(Series 1 & 2)(1) 403 (403) -
--------------- ------------- -------------
Total Debt 2,431 (1,577) 854
Perpetual Preferred Shares
(Series 3, 5 & 7)(1) 329 (329) -
Cash (310) 250 (60)
--------------- ------------- -------------
Total Net Debt and Preferred
Shares 2,450 (1,656) 794
-------------------------------------------
Number of Common Shares
Outstanding (millions) 520 (495) 26
Number of Warrants (millions) - 3 3
Financial Ratios
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Net Debt/LTM EBITDA(2,3) 2.7x 1.3x
Total Debt/LTM EBITDA(2,3) 3.2x 1.4x
Fixed Charge Coverage(3) 5.1x 8.4x
(1) Face Value
(2) Excluding Preferred Shares
(3) LTM EBITDA excludes the contribution of LesPAC. Latest twelve month
EBITDA is a non-IFRS measure and may not be comparable with similar
measures used by other publicly traded companies
Support of Recapitalization
Noteholders holding 30.0% of the Company's outstanding medium term notes, and representing 23.7% of the Company's Senior Unsecured Debt, have executed a support agreement with, among others, Yellow Media whereby they have agreed, subject to certain conditions, to vote in favour of and support the Recapitalization. Noteholders are represented by Moelis & Company as financial advisors and Bennett Jones LLP as legal advisors.
The Company will solicit additional support from credit facility lenders and noteholders for the Recapitalization.
Meetings
The Company will apply to the Commercial Division of the Superior Court of Quebec in Montreal for an interim order in connection with the Recapitalization pursuant to which order the Company will call (i) a meeting of the affected unsecured debtholders of the Company, comprising of the credit facility lenders, the holders of the medium term notes and the holders of convertible debentures that have elected to opt-out of the shareholder vote, and (ii) a meeting of the shareholders of the Company, comprising of the holders of preferred shares and common shares and the holders of the convertible debentures that have not elected to opt-out of the shareholder vote, in both cases to obtain their support of the plan of arrangement under the Canada Business Corporations Act implementing the Recapitalization. Details of the Recapitalization will be provided in a Management Proxy Circular expected to be distributed to Senior Unsecured Debtholders, convertible debenture holders and shareholders at the beginning of August 2012. The meetings are expected to be held on September 6, 2012 at Palais Des Congres de Montreal.
Yellow Media's legal advisors for the Recapitalization are Stikeman Elliott LLP and Russell Hill Advisory Services Inc.
New Board of Directors
A search committee of up to five members has been established to select the new Board of Directors of Yellow Media Inc. Marc P. Tellier and Marc L. Reisch have been designated by Yellow Media Inc. to serve on the search committee, and two members have been designated by the initial consenting noteholders.
The new Board of Directors will consist of nine members, one of whom shall be Marc P. Tellier. The new Board of Directors will also include a minimum of two members of the existing Board of Directors of the Company. The candidates selected will be announced via press release prior to the debtholders' and shareholders' meetings.
Further Information
Further information about the Recapitalization will be available on SEDAR ( www.sedar.com ) and the Company's website ( www.ypg.com ).
A Questions & Answers ( http://www.ypg.com/images/ckeditor/files/Project_York_Website_Q&A_Final.pdf ) document specific to the Recapitalization has also been made available on the Company's website.
The Company expects to supplement information in the Management Proxy Circular relating to the meetings to be held in connection with the Recapitalization and otherwise to communicate information relating thereto by way of news release, the Company's website, mailing or otherwise.
U.S. Securities Laws Matters
This press release is neither an offer nor a solicitation of an offer to purchase any securities, nor is this press release an offer or solicitation of an offer to sell any securities. None of new securities to be offered as part of the Recapitalization have been nor will be registered under the U.S. Securities Exchange Act of 1933, as amended, or any securities laws of any State of the United States and, as such, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the U.S. Securities Exchange Act of 1933 and applicable state laws.
Investor Conference Call
Yellow Media Inc. will hold an analyst and media call at 10:30 a.m. (Eastern Time) on July 23, 2012 to discuss the recapitalization transaction. The call may be accessed by dialing (416) 340-8018 within the Toronto area, or 1 866 223-7781 outside of Toronto. The call will be simultaneously webcast on the Company's website at http://www.ypg.com/en/yellow-media-conference-call-webcast .
The conference call will be archived in the Investor Center of the website at www.ypg.com . A playback of the call can also be accessed from July 23 to July 31, 2012 by dialing (905) 694-9451 from within the Toronto area, or 1 800 408-3053 outside Toronto. The conference passcode is 9739302.
About Yellow Media Inc.
Yellow Media Inc. CA:YLO +240.00% is a leading media and marketing solutions company in Canada. The Company owns and operates some of Canada's leading properties and publications including Yellow Pages(TM) print directories, YellowPages.ca(TM), Canada411.ca and RedFlagDeals.com(TM). Its online destinations reach approximately 8 million unique visitors monthly and its mobile applications for finding local businesses and deals have been downloaded more than 4 million times. Yellow Media Inc. is also a leader in national digital advertising through Mediative, a digital advertising and marketing solutions provider to national agencies and advertisers. For more information, visit www.ypg.com .
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements (including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) about the objectives, strategies, financial conditions, results of operations and businesses of the Company. These statements are forward-looking as they are based on our current expectations, as at July 23, 2012, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 6 of our February 9, 2012 Management's Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. The implementation of the Recapitalization is subject to a number of conditions to be provided in the plan of arrangement under the Canada Business Corporations Act, and other risks and uncertainties including, without limitation, court and any required regulatory approvals (including stock exchange approvals). Accordingly, there can be no assurance that the Recapitalization will occur, or that it will occur on the terms and conditions contemplated in this news release. The Recapitalization could be modified, restructured or terminated.
Key Terms of the Recapitalization
All amounts are in Canadian dollars, unless otherwise noted.
Parties Affected by the Recapitalization
The following stakeholders of Yellow Media will be affected by the Recapitalization:
-- Holders of all the unsecured medium term notes of Yellow Media, being:
-- 6.50% unsecured medium term notes, Series 9, due July 10, 2013;
-- 6.85% unsecured medium term notes, Series 8, due December 3, 2013;
-- 5.71% unsecured medium term notes, Series 2, due April 21, 2014;
-- 7.30% unsecured medium term notes, Series 7, due February 2, 2015;
-- 5.25% unsecured medium term notes, Series 4, due February 15, 2016;
-- 5.85% unsecured medium term notes, Series 3, due November 18, 2019;
-- 7.75% unsecured medium term notes, Series 10, due March 2, 2020; and
-- 6.25% unsecured medium term notes, Series 5, due February 15, 2036;
-- Lenders under the senior unsecured credit facility agreement of Yellow
Media dated September 28, 2011;
-- Holders of the 6.25% convertible unsecured subordinated debentures of
Yellow Media due October 1, 2017;
-- Holders of all series of preferred shares of Yellow Media; and
-- Holders of common shares of Yellow Media
Treatment of Holders of Existing Credit Facilities and Medium Term Notes (collectively, the "Senior Unsecured Debt")
Recapitalization The holders of the Senior Unsecured Debt shall receive
their pro rata share, based on the principal amount of
their Senior Unsecured Debt, of:
Consideration per
Total Consideration $1,000
($ millions, except ($, except share
share information) information)
---------------------------------------
6-year Senior $750 $423
Secured Notes
10-year Subordinated $100 $56
Unsecured
Exchangeable
Debentures
Cash $250 $141
New Common Shares 21,295,090 12.001
Treatment of Accrued and unpaid cash-pay interest on the existing credit
Accrued facilities and medium term notes up to but not including
Interest the Plan Effective Date shall be paid in cash on the Plan
Effective Date.
Treatment of Holders of Existing Convertible Debentures, Preferred and Common Shares (collectively, the "Equity Securities")
Each holder of Equity Securities will receive:
New Common Shares Warrants
Consideration per $1,000
of Face Value of Existing
Convertible Debentures 0.62500 0.35714
Consideration per 100
Existing Series 1, 2, 3
or 5 Preferred Shares 6.25000 3.57143
Consideration per 100
Existing Series 7
Preferred Shares 1.87500 1.07143
Consideration per 100
Existing Common Shares 0.50000 0.28571
No separate payment will be made for interest or unpaid dividends
on the Equity Securities.
Summary Table of Treatment of Affected Parties
Pursuant to the Recapitalization and as described above, the Senior Unsecured Debtholders, debentureholders and shareholders of Yellow Media are to be allocated and issued, approximately, the amount of cash, the principal amount of Senior Secured Notes and Subordinated Unsecured Exchangeable Debentures, and the number of New Common Shares and Warrants presented in the following table:
Senior
Subordinated
Senior Unsecured New
Cash Secured Exchangeable Common
Payment Notes Debentures Shares Warrants
($ ($ ($ (# (#
millions) millions) millions) millions) millions)
------------------------------------------------------------
Lenders 52 156 21 4.4 -
Noteholders 198 594 79 16.9 -
Debentureholders - - - 0.1 0.1
Preferred
Shareholders - - - 1.8 1.0
Common
Shareholders - - - 2.6 1.5
------------------------------------------------------------
Total 250 750 100 25.8 2.6
------------------------------------------------------------
Terms of the Senior Secured Notes
Issuer Yellow Media Inc.
Notes Offered C$750,000,000 Senior Secured Notes due November
30, 2018
Guarantors The Senior Secured Notes will be guaranteed by
Yellow Pages Group Co., Canpages Inc., YPG (USA)
Holdings, Inc., Yellow Pages Group, LLC, Wall2Wall
Media Inc., and Yellow Media Ltd. (which will
become the parent company of Yellow Media Inc. on
the Plan Effective Date).
Interest Rate and Payment 9.0% per annum, payable quarterly in arrears in
Dates cash on the last day of February, May, August and
November of each year, commencing on November 30,
2012.
Collateral The Senior Secured Notes shall be secured by a
first-priority lien on all of the property of the
Company and the Guarantors, whether owned at the
issue date or thereafter acquired, subject to
certain exclusions as defined in the Indenture
governing the Senior Secured Notes.
Mandatory Repayment The Company will use an amount equivalent to 70%
of Consolidated Excess Cash Flow (as such term
will be defined in the Indenture governing the
Senior Secured Notes) for the immediately
preceding two fiscal quarters of Yellow Media
Ltd., on a semi-annual basis on the last day of
May and November of each year, commencing on May
31, 2013, to redeem the Senior Secured Notes at
par from holders on a pro rata basis.
Optional Redemption The Senior Secured Notes can be redeemable, upon
not less than 30 nor more than 60 days' prior
notice:
a) prior to May 31, 2017 at 105% of face value,
plus accrued and unpaid interest, if any, to
the date of redemption; and
b) commencing on May 31, 2017 at 100% of face
value, plus accrued and unpaid interest, if
any, to the date of redemption.
Terms of the Subordinated Unsecured Exchangeable Debentures
Issuer Yellow Media Inc.
Notes Offered C$100,000,000 Subordinated Unsecured Exchangeable
Debentures due November 30, 2022
Guarantors The Subordinated Unsecured Exchangeable Debentures
will be guaranteed by Yellow Pages Group Co.,
Canpages Inc., YPG (USA) Holdings, Inc., Yellow
Pages Group, LLC, Wall2Wall Media Inc., and Yellow
Media Ltd. (which will become the parent company
of Yellow Media Inc. on the Plan Effective Date).
Interest Rate and Payment 8.0% per annum payable semi-annually in arrears in
Dates cash or, at the Company's option, 12.0% per annum
payable semi-annually in debentures, on the last
day of May and November of each year, commencing
on November 30, 2012.
Exchange Privilege The Subordinated Unsecured Exchangeable Debentures
shall be exchangeable into common shares of Yellow
Media Ltd. by the holder at any time at the
initial conversion price of C$21.95 per share of
Yellow Media Ltd.
Maturity The principal amount of Subordinated Unsecured
Exchangeable Debentures outstanding at maturity
shall be payable in cash.
Optional Redemption Provided that the Senior Secured Notes have been
repaid in full at the date of redemption, the
Subordinated Unsecured Exchangeable Debentures can
be redeemed, upon not less than 30 nor more than
60 days' prior notice:
a) prior to May 31, 2021 at 110% of face value,
plus accrued and unpaid interest if any, to
the date of redemption; and
b) commencing on May 31, 2021 at 100% of face
value, plus accrued and unpaid interest, if
any, to the date of redemption.
Terms of the Warrants
Number of Warrants 2,581,223 Warrants
Each Warrant will be exercisable for one common
share of Yellow Media Ltd. at the Exercise Price
(as defined below) for a period of 10 years.
The Warrants will have standard anti-dilution
protection and adjustments for dividends.
Exercise Price C$31.67 per common share of Yellow Media Ltd.
Warrant Exercise Each Warrant will entitle the holder thereof to
acquire one common share, upon exercise and
payment of the Exercise Price subject to
adjustments.
Other Matters
Listing and Trading The common shares, including common shares
issuable upon the exercise of the Warrants will be
freely tradable in Canada upon issuance, and in
addition to the common shares, the Company will
seek to have the Subordinated Unsecured
Exchangeable Debentures and the Warrants listed on
the Toronto Stock Exchange.
Fractional Securities No fractional common shares or warrants will be
issued. Any fractional securities that would
otherwise have been issued shall be rounded down
to the nearest whole number.
Approval The Plan of Arrangement will be subject to Court
approval following meetings of holders of Senior
Unsecured Debt and Equity Securities, as may be
determined by the Court. Holders of existing
convertible debentures who so elect shall be
entitled to vote as holders of Senior Unsecured
Debt (all non-electing holders of convertible
debentures shall vote as holders of Equity
Securities).
Contacts:
Investor Relations
Pierre Van Gheluwe
Treasurer
(514) 934-4325
pierre.vangheluwe@ypg.com
Media
Andre Leblanc
Director, Marketing Communications
(514) 934-7359
andre.leblanc@ypg.com
Institutional Security Holders
BMO Capital Markets Transaction Hotline
(416) 359-4306
Toll free.: (855) 666-4361
Canaccord Genuity Transaction Hotline
(416) 687-5517
Toll free.: (855) 333-5517
SOURCE: Yellow Media Inc.
mailto:pierre.vangheluwe@ypg.com
mailto:andre.leblanc@ypg.com
it should be .055
yes i said but the company reorganized after reorganization debt will be reduced to 734 million from 1.8 billion.. it will be positive profitable company..
Followers
|
6
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
202
|
Created
|
03/08/09
|
Type
|
Free
|
Moderators |
Yellow Media Inc. (TSX: YLO) is Canada's #1 Internet company and leading performance media and marketing solutions company through its network of companies that includes Yellow Pages Group (YPG) and Canpages. The Corporation serves Canadian businesses and consumers nationwide.
Yellow Media Inc. owns and operates some of Canada's leading properties and publications including Yellow Pages™ directories, YellowPages.ca™, Canada411.ca™, et RedFlagDeals.com. Its online destinations reach approximately 9 million of unique visitors monthly and its mobile applications for finding local businesses, deals and vehicles have been downloaded over 3 million times.
Yellow Media Inc. is also a leader in national digital advertising through Mediative, a digital advertising and marketing solutions provider to national agencies and advertisers. In addition, the Corporation owns Wall2Wall Media ("W2W"), a YPG company that manages activities, publications and services related to the real estate, employment and hospital news print and online verticals.
More than 80% of the Corporation's revenue derives from the directory segment of its business. This segment generates revenues from the sale of print and online telephone directory advertising to a diversified advertiser base of over 365,000 advertisers (excluding Canpages), representing almost 35% of all businesses in the Corporation's markets.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |