YLO - Yellow Media (Toronto Stock Exchange) - Page 42

On the positive side it will be hard for them to find another 2 billion to write down.

Bullwinkle - thats what I kept telling myself too - and quarter after quarter they found a new way to screw us.  I'm finally out of this turkey as of Tuesday having sold the majority of my last pitiful

holdings in the last Thursday - Friday runup to 11 cents - Marc Tellier wiped out my total net worth in the markets last year ( combined with my own greed and stupidity in not seeing what

ZE saw so clearly ) - my hat's off to you ZE having read all the 820 posts in this forum in the last two days.   

However to get back to your point - these numbers come from Globe Investor and TD Waterhouse on the balance sheet of Yellow Pages -  those two little entries for Goodwill and Intangible Assets that YLO likes to have lots of and that only really exist in fantasyland.  (rounded off since they are just nonsense anyway)

December 31,  2007 - 8.5 Billion $

December 31,  2011 - 4.5 Billion $ wrote off Billions

now he wrote off 2.9 Billion $ more in last weeks earnings announcement

Which still leave a further 1.6 Billion $ he can write off.

Plus the problem of the 1.5 B of debt most of which comes due next year.

Let's not even get into the .5 Billion $ they lost on the Autotrader sale, the billion $ they  squandered on Canpages (now closed), and

the 26% raise they voted themselves for doing all this.  I'm just surprised Mr. Marc P.Tellier and Co didn't vote themselves a performance bonus as well for their swell job.

Please don't underestimate the abilities of Mr. Marc Tellier to find new ways to screw you - he hasn't let us down yet - it's really the only thing he's good at - any he stays awake nights doing it.

There should also be an investigation as to the counting of the proxies in last weeks voting - that worked out conveniently for Mr. Tellier and the BOD didn't it? - I know I voted several hundred thousand shares against every proposal and every Director they wanted.

Frankly the kind of things I've seen with this stock I expect from penny pump and dump mines - but not from a national company -  as perfect hindsight - much too late - I would not touch this company again at any price. 

That was a little bit of tongue in cheek comment.  I meant that they don't have 2B left to write off.

Not that they couldn't find some other way to screw things up.

the #1 red flag that made NO SENSE was the debt..

anyways...

i think these a bottoms

mouser...for the love of everything good, are you still in this?!

Have you been able to recover your losses?

Quote:

Originally Posted by davidstlukas 

mouser...for the love of everything good, are you still in this?!

 

Have you been able to recover your losses?

LOL,,,,Mouser has been out of town and with little internet access, so might take him some time to answer your cry,,,,

also i think Mouser was playing the preferred shares but not the common. 

i think it will touch 0.04

that will be the bottom

it has to be...

there nothing left if it isnt

k im in 1K

will wait for 0.035 to 0.04 for another 2K

WOWW..i havw SOO many shares of YLO..aahhahaah!!!

this is sooo funny

who knew i can get like 25000 shares ahahahah

anyone else buying

so we are all certain of a bankrupcy:

Rating Action
On May 10, 2012, Standard & Poor's Ratings Services lowered its long-term
corporate credit rating on Montreal-based Yellow Media Inc. by two notches to
'CCC' from 'B-'.

At the same time, Standard & Poor's lowered its issue-level rating on the
company's senior unsecured debt to 'CCC' (the same as the corporate credit
rating on Yellow Media) from 'B-'. The recovery rating on the debt is
unchanged at '4', indicating our expectation of average (30%-50%) recovery in
the event of a default. Standard & Poor's also lowered its issue-level rating
on Yellow Media's subordinated debt to 'CC' (two notches below the corporate
credit rating on the company) from 'CCC'. The recovery rating on this debt is
unchanged at '6', indicating our expectation of negligible (0%-10%) recovery
in a default situation.

In addition, we lowered the ratings on the company's preferred shares
outstanding to 'D' (default) from 'C', owing to the nonpayment of dividends on
these securities when due.

Finally, we are keeping all our ratings on the company on CreditWatch, where
they were placed with negative implications Dec. 5, 2011. At March 31, 2012,
the company had about C$2 billion of gross debt and about C$732 million of
preferred shares outstanding.

Desjardins strips price target on Yellow Media to a penny

‎
 

come one chapter 11....lets see that 50% stock rise

Quote:

Originally Posted by ze20001984 

i think it will touch 0.04

 

that will be the bottom

 

it has to be...

 

there nothing left if it isnt

Ze -  Don't know what to wish for - You've been right all along -  but I've gotten the shaft from this stock so many times I'm super paranoid about it - I think it's just going to keep sinking till it disappears - so I won't be buying.

Unless I can take delivery of the stock certificates - set fire to them - and shove them up Mr. Marc Te**er's a*s which is their rightful home in my opinion.

its going to 0

i just wanna play the bounce...from Ceo being fired...(but they cancelled a share holders meeting..meaning...they will burn this guy to shit!!

that being said...the CEO is a monster...and as a monster he should do anything to make yella stay afloat

meaning he should file chap 11, and sell assests ASAP...incl red flag

im looking to the company to do last ditch efforts of survival like a last grasp of air...as it crashs to 0

no one should have bough from .50 and above...

nd anything below waas red flags...

now we are at the bottom...bottom bc there is NOTHING left

but last ditch efforts to sell assests and company...

actually im gunno wait for tomorrow at 0.04

that sounds more like a bottom

0.03 is an odd number and wont get picked up...no one will put orders

0.02 and 0.01 means the company is worth nothing

so 0.04 is the bottom

Still amaze me that PPL would even look at this when the TSX or venture has over 1500 stock tickers to play with,, and some of them are bullish,,,$$$,,,

Quote:

Originally Posted by ze20001984 

actually im gunno wait for tomorrow at 0.04

 

that sounds more like a bottom

 

0.03 is an odd number and wont get picked up...no one will put orders

 

0.02 and 0.01 means the company is worth nothing

 

so 0.04 is the bottom

Well Ze you've been right all along just as much as I've been wrong so why should that change now?

One thing we agree on is M. Tellier - and I think he is a very well paid monster so he has good reason to stretch it out (like a lawyer bleeding the estate dry).

Reminds me of Marvin Marshall the CEO of Bramalea when it was falling apart - guided the company with shrewd manipulations right off the end of a cliff -  - paid himself $20,000 a week right up to the bankruptcy and then found a way to continue doing it with a subsiduary for months more - right up till the courts pulled the life support it was on.

Hope he didn't suffer - poor lad!

again i think 0.04 is the bottom

based on digts alone...

the later we buy it the more likely the moves will be made in the fire sale

I won't even consider touching this until there are actually real signs of the company gaining strength, which isn't happening anytime too soon.

Stay away........ Haven't we learned enough yet about this!

It won't be gaining strength anytime soon. Yellow Pages is banking on its digital assets to stay afloat and Mediative is not doing well as they had expected. 

NOT LOOKING FOR STENGTH

YLO IS DEAD!!

im looking for a fire sale

0.04 is the bottom

lets it get there