YELLOW PAGES LTD (PK) (YLWDF)

Yellow Media Ltd. changed to Yellow Pages Ltd.:

http://otce.finra.org/DailyList

Scooped up some warrants in the $4.50s/4.60s today. $Y.to sitting on its 50-Week moving average. Thinking this might be a bottom forming.

If not, expect to see low-$16s (CDN).

When can we expect this mushroom to grow ???
robin

Next week #Y.to will shine

I want to see these warrants at $10 before month's end

$YLWWF ftw

$Y.to Daily Chart. Looks like it's almost go time. Gotta bust out of this wedge for big gains. Should be heading to $30 shortly.

thank you
robinhood

Warrants should go up roughly 1.3x the amount Y.to goes up. Conversion price is $28.16/share (Canadian $).


Here's a link to all the details for the warrants. This is where the warrant price chart comes from: http://www.ypg.com/images/ckeditor/files/Warrant%20Indenture%20(SEDAR%20Version).pdf


I think you're good in both the common stock as well as the warrants. I just prefer the up-side on the warrants more, especially now that it seems there is a significant arbitrage value in them at Y's current price.

i thing i've got it
should i sell my stock and buy the warrents
ylwdf 249.00 shares
ylwwf 141.00 shares
+some in my wife ira
do you have a cost basis for the stock and warreants at conversion
robinhood
thank you

Warrants are good until December 20, 2022. On the left it shows how many years there are until expiration, and on the top it shows Y.to's share price. Right now, Y.to's share price is ~$25, so this chart is saying the warrants should be trading at roughly $10/share since there's over 8 years left until expiration. As of today, the warrants are still in the mid-$8s.

I'm almost entirely invested in the warrants as they make up roughly 80% of my portfolio.


Chart (priced in Canadian $s)

tell me more about the warrant chart
how do you read it ???
it dosent make any sence to me
when do they expire
robinhood
thank you

Looking primed to take out the 52-week high. Let's go Yellow, I wanna see blue-sky break-out territory before April

$Y.to ($YLWDF) ... $Y/WT.to ($YLWWF)


Warrant Reference Guide:

Daily chart seems to have reset. Looking for this to continue its up-trend from here. Y.to heading to $30 in the next few weeks

Hopefully a low-volume touch to the 50-day is all this stock needs to regain its glory. It's about .45 away.

Otherwise, we will likely need Q1 results to show additional digital growth/revenue improvement to light a fire under it once again.

Scooped up some more warrants today to add to my already large position:
YLWWF - 12:49:23
Bought 100s @ $7.4428 - Total: $744.28
YLWWF - 10:21:59
Bought 100s @ $7.4472 - Total: $751.72

Such a large disparity between Y.to and the warrants. Even with Y.to at $24, the warrants should be valued at ~$10. Seeing them at $8.25 and down 7% for no apparent reason makes me sad :(

Yellow Media Updating API:


YellowAPI: Helping Developers Reach Their Innovation Potential
We like to call it Canada’s local API. YellowAPI which is the public API for Yellow Pages Group, offers a gateway to the largest geocoded business listing database in the country. It gives developers around the world access to our database of 1.5 million business listings for use within their application. We currently have over 3,000 developers on the YellowAPI roster. Some great examples of how YellowAPI has been used for app development includes Poynt, AroundMe, Wikitude and AutoFocus.ca.

A big part of YellowAPI’s program is developer outreach. We partnered with HackDays to support local hackathons and sponsored local development meet-ups such as DevTO, HTML Toronto, and TorontoJS. We continue that outreach momentum by supporting initiatives such as HackerNest Construct hackathon in Toronto, McHacks hackathon and ConFoo developer conference in Montreal. Look for Yellow Pages Group and YellowAPI in more tech events this year!

Now, we’re upgrading YellowAPI’s content. Last year, we started testing the Deals API (powered by one of our web properties, RedFlagDeals.com) and as of today we’re making it available by invite-only beta. The Deals API is just as complete as the Places API and taps into the coupons and deals data curated by RedFlagDeals.com’s editorial team and forum members (affectionately known as RFDers). It also aggregates neighbourhood deals from YellowPages.ca and other prominent Canadian deal destination sites. With tens of thousands of active deals and coupons Canada-wide, updated 24/7, Deals API is among the most authoritative API of its kind.

Developers can leverage YellowAPI by finding deals/coupons near a geocode, nationally, or by a YellowPages.ca listing ID. Results can be restricted by category, content type, and/or keywords. Documentation and SDKs are available on YellowAPI.com and access can be requested through YellowAPI developer console.

With YellowAPI, we provide the tools to help make your ideas a reality. It’s all about getting the right information to bring your app to life with accurate results that range from hyperlocal to nationwide.

- See more at: http://yellowpagesblog.ca/2014/yellowapi/#content

Friday's Inverted Hammer Candle has been confirmed. Up-trend still underway. New Highs on their way imo

Glen - thanks so much for diving into the details and sharing!

i think this was a great quarter. higher prices on the way.




the biggest thing in the entire report for me was the new advertiser count went up. i've been tracking this on a quarter by quarter basis so that i can actually calculate quarterly numbers instead of TTM.

Q4 2013 was "Blockbuster"

2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4
5750 2750 3750 4750 3450 450 3250 6450
If you multiply Q42013's numbers by ARPA, they won ~$21M of recurring business this last quarter.
Read more at http://www.stockhouse.com/companies/bullboard/t.y/yellow-media-limited#vP6XBFPFjvXvQ5Bm.99

i think this was a great quarter. higher prices on the way.




the biggest thing in the entire report for me was the new advertiser count went up. i've been tracking this on a quarter by quarter basis so that i can actually calculate quarterly numbers instead of TTM.

Q4 2013 was "Blockbuster"

2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4
5750 2750 3750 4750 3450 450 3250 6450
If you multiply Q42013's numbers by ARPA, they won ~$21M of recurring business this last quarter.
Read more at http://www.stockhouse.com/companies/bullboard/t.y/yellow-media-limited#vP6XBFPFjvXvQ5Bm.99

Conference Call underway:

To participate in the conference call:
North America, dial 1-866-225-2055


The call will also be broadcast live at: http://www.ypg.com/en/investors/financial-reports/2013/quarterly-reports/fourth-quarter-webcast.

Why Yellow Media Shares Went Red
By Brian Pacampara - February 13, 2014 | See also: Y


Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of digital and print media company Yellow Media (TSX:Y) plunged about 10% on Thursday after its quarterly results disappointed Bay Street.

So what: The stock has soared over the past six months on optimism over the company’s digital transformation, but today’s Q4 results — EBITDA plunged 36% to $91.3 million as revenue sank 10% to $238 million — are forcing Mr. Market to sober up a bit. In fact, operating margins narrowed to 38.3% versus 53.6% in the year-ago period, suggesting that the transition is becoming more expensive than analysts had expected.

Now what: Management remains bullish about its longer-term digital growth prospects. “Yellow Media is strongly positioned to proceed with the second phase of its digital transformation,” said President and CEO Julien Billot. “Our end goal is to grow Yellow Media into a sustainable local digital media company by extending the reach of our brand, attracting new digital audiences, better addressing our advertisers’ needs and investing in our employees.”

Of course, when you couple the uncertainty surrounding Yellow Media’s restructuring with its still-red hot stock price — up more than 100% since October — the risk/reward tradeoff remains rather unappealing.


Source: http://www.fool.ca/2014/02/13/why-yellow-media-shares-went-red/?source=c75yhocs0040001

Yellow Media Limited Reports Full Year and Fourth Quarter 2013 Financial Results

MONTREAL, QUEBEC--(Marketwired - Feb. 13, 2014) - Yellow Media Limited (TSX:Y)

2013 full year digital revenues grow 10.6% year-over-year to reach $406.3 million. For the fourth quarter of 2013, digital revenues represented 45.1% of total revenues

Strong adoption of our digital products and services, as advertiser penetration of the Yellow Pages 360° Solution increases to 27.1% as at December 31, 2013 compared to 16.5% last year

2013 free cash flow grows 38.4% year-over-year to reach $274.6 million. The Company further strengthens its balance sheet, reducing net debt by 32% to $533.1 million as at December 31, 2013 compared to $781.7 million last year

Company records net earnings of $176.5 million in 2013, which compares to net earnings of $182.4 million in 2012 before impairment charges and gain on settlement of debt
Yellow Media Limited (TSX:Y) (the "Company") releases full year and fourth quarter 2013 operational and financial results, ending the first phase of digital transformation with continued digital revenue growth and a strengthened capital structure. Yellow Media, a Canadian digital media company, champions the neighbourhood economy by fostering strong business relationships between local businesses and consumers.

Full Year 2013 Financial Results

Revenues in 2013 decreased to $971.8 million, representing a 12.3% year-over-year decline. On a comparable basis, when adjusting for the discontinuation of Canpages directories in 2012, revenues decreased by 10.7% versus last year's results. This decrease is primarily impacted by lower print revenues, as larger advertisers reduce their print advertising spend, alongside a lower advertiser count among smaller, low-spend advertisers.

Digital revenues in 2013 increased 10.6% to $406.3 million, as compared to $367.2 million last year. On a comparable basis, when adjusting for the discontinuation of Canpages directories in 2012, digital revenues grew 12.5% year-over-year. Growth in digital revenues is mainly due to the active migration of traditional media advertisers towards digital products and services and continued adoption of the Yellow Pages™ 360º Solution across Yellow Pages Group's ("YPG's") sales channels.

As at December 31, 2013, the penetration of the Yellow Pages 360º Solution offering among YPG's advertiser base, which is defined as advertisers who purchase three product categories or more, grew to 27.1%. This compares to 16.5% at the end of the same period last year.

Print revenues declined steadily to reach $565.4 million during 2013, decreasing 23.6% compared to the same period in 2012, as expected.

EBITDA declined to $416.1 million in 2013, as compared to $569.4 million the year prior. The EBITDA margin in 2013 decreased to 42.8% versus 51.4% in 2012, primarily due to revenue pressure, a change in product mix and investments required to advance the Company's digital transformation.

For the year ending December 31, 2013, the Company recorded net earnings of $176.5 million. This compares to a $2 billion net loss for the same period last year. In 2012, the Company recorded an impairment charge of $3.3 billion on its goodwill, and certain of its intangible assets and property, plant and equipment, as well as a gain on settlement of debt of $978.6 million pursuant to its recapitalization. When adjusting for the impairment charge and gain on settlement of debt, the Company recorded net earnings of $182.4 million in 2012. This decrease is due primarily to lower EBITDA, partly offset by lower financial charges, a lower depreciation and amortization expense, and lower restructuring and special charges.

For the year ending December 31, 2013, the Company recorded basic earnings per share of $6.34, which compares to basic earnings per share of $5.76 in 2012 before the impairment charge and gain on settlement of debt.

Free cash flow in 2013 increased to $274.6 million, which compares to $198.3 million in 2012. The increase in free cash flow is attributable to a favourable change in working capital, lower interest and income taxes paid and lower restructuring and special charges, partly offset by higher capital expenditures and lower EBITDA. Capital expenditures in 2013 totaled $66.1 million, up from $40.2 million last year.

"2013 marked the completion of Yellow Media's first phase of digital transformation, where we made significant investments to strengthen our digital foundation," said Ginette Maillé, Chief Financial Officer of Yellow Media. "The Company will continue investing in its digital transformation in 2014, while also executing projects that improve the efficiency of the organization and support long-term profitability."

As at December 31, 2013, Yellow Media had reduced net debt to $533.1 million. This compares to $781.7 million of net debt as at December 31, 2012. In 2013, the Company repaid $153.4 million of its 9.25% Senior Secured Notes, exceeding the minimum mandatory requirement of $100 million.

Fourth Quarter 2013 Financial Results

Revenues for the fourth quarter ended December 31, 2013 decreased 10% to $238 million, compared to $264.4 million in the last quarter of 2012.

Digital revenues for the fourth quarter ended December 31, 2013 grew 7.7% to $107.4 million, compared to $99.7 million for the same period last year.

Digital revenues represented 45.1% of total revenues during the fourth quarter of 2013, up from 37.7% during the same period in 2012. Print revenues declined steadily to reach $130.6 million during the fourth quarter of 2013, decreasing 20.7% compared to the same period in 2012.

EBITDA declined to $91.3 million during the fourth quarter of 2013, compared to $141.7 million the year prior.

The EBITDA margin decreased to 38.3% for the fourth quarter of 2013, compared to 53.6% for the same period last year. The EBITDA margin for the fourth quarter of 2013 was impacted by revenue pressure, a change in product mix, investments required to advance the Company's digital transformation, and non-recurring provisions related to a legal dispute and sales tax assessments. The EBITDA margin for the fourth quarter of 2012 was impacted by a non-cash benefit related to the amendment of our employees' pension and post-retirement benefit plans. Excluding these non-recurring elements, the EBITDA margin for the fourth quarter of 2013 decreased to 41.2%, compared to 48.0% for the same period last year on the same basis.

For the quarter ending December 31, 2013, the Company recorded net earnings of $31 million. This compares to net earnings of $821.9 million for the same period last year. During the fourth quarter of 2012, the Company recorded a $300 million impairment charge related to certain of its intangible assets and property, plant and equipment, as well as a gain on settlement of debt of $994.9 million pursuant to its recapitalization. When adjusting for the impairment charge and gain on settlement of debt, the Company recorded net earnings of $27.6 million in the fourth quarter of 2012. The increase is due primarily to lower financial charges and a lower provision for income taxes, partly offset by lower EBITDA.

For the quarter ending December 31, 2013, the Company recorded basic earnings per share of $1.11, which compares to basic earnings per share of $0.83 for the quarter ending December 31, 2012 before the impairment charge and gain on settlement of debt.

Free cash flow for the fourth quarter of 2013 increased to $74.2 million, compared to $48 million last year. This increase results from a favorable change in working capital and lower interest and income taxes paid, partly offset by lower EBITDA.

Operational Update

"Yellow Media is strongly positioned to proceed with the second phase of its digital transformation, and will make targeted strategic investments throughout 2014 to promote long-term revenue growth and profitability," said Julien Billot, President and Chief Executive Officer of Yellow Media. "We are currently conducting a full business review to guide our efforts and investments in the short-to-medium term. Our end goal is to grow Yellow Media into a sustainable local digital media company by extending the reach of our brand, attracting new digital audiences, better addressing our advertisers' needs and investing in our employees."

Strengthening our Brand Image

The Company extended its advertising campaign to promote the download and use of the Yellow Pages mobile application, targeting over 260,000 millennials across university campuses in Toronto, Vancouver and Montreal.

YPG launched Shop The Neighbourhood™ across the Greater Toronto Area, an event buoyed by a multimedia campaign to promote local shopping and support small businesses. This initiative took place on November 30, 2013, attracting over 1,800 local businesses and offering over 2,000 exclusive deals across our digital properties. The campaign also garnered support from all levels of government and local celebrities.

The Company will continue developing national and local advertising campaigns throughout 2014 to increase brand awareness with both consumers and advertisers, as well as underscore the brand's digital transformation.
Enhancing our Properties to Reach an Increasing Number of Canadian Shoppers

YPG launched a ShopWise iPad application, alongside a new version of its mobile application, to help Canadians shop more efficiently through a digitally-responsive e-flyer experience and easier-to-find geo-localized deals and savings.

The Company continued to deploy its Online Merchant Management tool, which improves the quality, completeness and relevance of its content by eliminating all duplicate and stale business listings.

In 2014, the Company will continue developing accurate, reliable and enriched local content to strengthen the user experience, improve user engagement and boost the relevance of its digital properties. The Company will invest in key traffic and distribution partnerships to further expand its partner eco-system and grow local audiences.
Providing Advertisers with Valuable Digital Marketing Products and Services

Mobile priority placement remains the Company's fastest growing digital product offering, with advertiser penetration having increased to 14.9% as at December 31, 2013 compared to 8% at the end of the same period in 2012.

YPG extended its value proposition to local businesses by providing them with presence across social media. YPG is now able to use advertisers' business content, which includes location, contact information, websites and images, to automatically generate and update basic Facebook® business pages.

The Company will provide advertisers with more comprehensive social media advertising campaigns in 2014. A new digital display advertising service will also be launched, and existing products and services will be repackaged into new offerings to enhance advertisers' digital presence and stimulate ROI.
Attracting and Retaining a Growing Number of Advertisers

Total advertiser count was 276,000 as at December 31, 2013, compared to 309,000 at the end of the same period last year.

Advertiser acquisition for the twelve month period ended December 31, 2013 stood at 13,600. Advertiser acquisition improved slightly versus the twelve month period ended September 30, 2013, where 11,900 new advertisers were acquired.

The Company will continue rolling out its national acquisition strategy throughout 2014. New programs, processes and technologies will also be implemented to help its sales channels find and attract new advertisers, enhance lead nurturing, and improve conversions.
Investing in its Employees

The Company has aligned its workforce with the realities of its digital transformation, transferring resources from its legacy operations towards its digital platform. In 2013, the Company hired approximately 200 professionals within the domains of information technology and digital media.

The Company will continue investing in its workforce and anticipates hiring an additional 200 professionals within information technology and digital media in 2014. The Company will also invest in developing a stronger digital culture, offering training programs, tools and resources to elevate digital literacy and promote change management across all facets of the organization.
Investor Conference Call

Yellow Media Limited will hold an analyst and media call at 1:00 p.m. (Eastern Time) on February 13, 2014 to discuss the full year and fourth quarter 2013 results. The call may be accessed by dialing (416) 340-2218 within the Toronto area, or 1 866 225-2055 outside of Toronto.

The call will be simultaneously webcast on the Company's website at
http://www.ypg.com/en/investors/financial-reports/2013/quarterly-reports/fourth-quarter-webcast

The conference call will be archived in the Investors section of the site at www.ypg.com.

A playback of the call can also be accessed from February 13 to February 20, 2014 by dialing (905) 694-9451 within the Toronto area, or 1 800 408-3053 outside Toronto.

The conference passcode is 4993633.

One heck of a candle on Y.to ... Guess they really wanted to fill that gap from the end of November.

Let's hope there are some good take-aways from the conference call later today. Need a strong close to negate that awful candle.

Digital seems to be growing nicely. All- in-all it seemed like a solid quarter & 2014 should be a profitable year for shareholders.

Missed the Earnings Announcement Date from last Thursday ... Glen any thoughts on Q4 results?

I have a quite large position (~75% of my portfolio, but will certainly be looking to add on any weakness).


Yellow Media Announces 2013 Fourth Quarter and Year-End Results Release Date
Conference Call at 1 p.m. (Eastern Time)


MONTREAL, QUEBEC--(Marketwired - Feb. 6, 2014) - Yellow Media (TSX:Y) announces that it will issue its 2013 fourth quarter results, for the period covering October 1 to December 31, 2013, and 2013 full year results on February 13, 2014. A conference call will be held on the same day at 1:00 p.m. (Eastern Time) to discuss the results.

The call will also be broadcast live at: http://www.ypg.com/en/investors/financial-reports/2013/quarterly-reports/fourth-quarter-webcast.

To participate in the conference call:

Toronto and overseas, dial (416) 340-2218
North America, dial 1 866 225-2055
To access the replay facility (between February 13 and February 20, 2014):

Toronto and overseas, dial (905) 694-9451
North America, dial 1 800 408-3053
Enter access code 4993633.

The replay of the conference call will also be available in the Investors section of the Company's Web site at www.ypg.com.

y.wt should get around 1.8x the return that you get on Y

Glen, I'm about a 50/50 split right now between YLWDF and YLWWF. I noticed on your most recent post on your website you were 90% Y.to and only 10% in the warrants.

Do you feel the common is a better buy at these prices? I would think the warrants have more up-side as Y.to gets closer to the strike price. Any input would be appreciated. Thanks!

Another significant move today in both the stock and the warrants. She's setting new 52-week highs on a regular basis now.

Glen did you inject some Modafinil into this stock?? LOL!!

thanks. there's more to come.

Glen, just want to say congrats on the great LT call. There was a ton of division, and uncertainty, and panic at times. I remember you talking about how your father detested YLO back in the day.

Patience and stones has won out here. I traded it some and did fine, but would have done much better holding all.

yep. fun fun..

Y.TO -- $23.60
Y/WT.TO -- $8.25

Warrants good until December 20, 2022:

New 52-week high for Y.TO ... looking for the warrants to follow suit. Glad I loaded up on the dip :) Thanks Glen!!

http://www.ypg.com/images/ckeditor/files/Warrant%20Indenture%20(SEDAR%20Version).pdf

Glen, do you have a break-down handy that explains the Warrants and their exercise share value? Thanks in advance!

100% higher. Next 12 months. ttyl

monster volume today....

volume b4 price :)

http://stockcharts.com/freecharts/gallery.html?s=y.to

probably liquidations happening over the course of the rest of the year because bond funds 80% owned this stock at EOY last year and are forced sellers.

What's with the volume today? any news I missed?

EV/EBITDA and P/LFCF is still cheap, especially considering the interest rate they are paying on their net debt.

http://seekingalpha.com/article/1545892-yellow-media-canada-s-largest-internet-company-buy-hand-over-fist

Patrick Lauzon to Leave Mediative
Print Version
Montreal (Quebec), July 4, 2013 – Mediative, a digital marketing division of Yellow Pages Group servicing national agencies and advertisers, announced today that Patrick Lauzon, President, will be leaving the company to pursue other interests.
“Patrick’s entrepreneurial background and expertise in start-up businesses helped us grow Mediative from a simple incubator idea into a full-fledged digital marketing powerhouse with some of North America’s largest brands as clients. We greatly appreciate his contribution over the years to our ongoing digital transformation,” said Doug A. Clarke, Senior Vice-President, Salesof Yellow Pages Group, parent company of Mediative.
Jean-Philippe Gauthier, Chief Operating Officer of Mediative, will assume Patrick’s responsibilities on an interim basis.
About Mediative
Mediative is one of North America's largest integrated advertising and digital marketing companies, specializing in maximizing the online presence of some of the world's most respected brands. Mediative covers all print, search, display and social networks to drive performance marketing for clients from brand awareness to lead generation and sales. The company also integrates data, media networks and technology to help advertisers, publishers and retailers connect with audiences. Mediative has over 150 employees across four Canadian offices: Montreal, Toronto, Kelowna and Vancouver. Mediative is a division of Yellow Pages Group.
Media
Fiona Story
Senior Manager, Public Relations
Tel.: (514) 934-2672
fiona.story@ypg.com
Investors
Amanda Di Gironimo
Senior Manager, Investor Relations
Tel.: (514) 934-2680
amanda.digironimo@ypg.com

please support me:
http://globalspeculation.wufoo.com/forms/yellow-media-ceo-glen-bradford/

thanks for your sharing your thoughts/efforts/due diligence!

holding warrants YLWWF from $2.10, enjoying the nice breakout on Y.TO

http://stockcharts.com/freecharts/gallery.html?s=y.to

good luck to us!

and i'm mod.

fourth of five

third of five messages

going for mod

yellow media crushes earnings

in time.

Hardly any volume... everybody is staying away.... 200:1 RS is painful lesson from Yellow Media.... They screw their business and then, they screw share-holders...