What is happening was slowly going up, past week down 25% Good entry or further down.

I hope the Septics get the $700 billion loan through in the next few days otherwise I can see the FTSE tanking.

Yell sees hard fourth quarter after 9-month sales fall 2 percent


LONDON (Reuters) - Yellow-pages group Yell reported a 2.4 percent decline in nine-month sales at constant exchange rates and a flat core profit on Thursday, and said the current quarter would be tougher.

But the company said its results had been helped by strict control of its operations and its online business and it expected its rate of revenue decline to slow in the first quarter of the next fiscal year, which begins in April.

Like its peers in the local classified directories business, Yell has been caught out by tough credit conditions and a steep decline in advertising spending in the midst of a costly migration from print to digital.

It renegotiated its loan covenants last year.

On Thursday the company said it expected full-year adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to rise about 10 percent to over 800 million pounds, a decline of 2 percent at constant currencies.

It had previously forecast broadly flat core earnings.

"The economic trends in each of our markets show no current sign of returning to growth, and the fourth quarter will undoubtedly be tougher," Chief Executive John Condron said.

Yell operates in Britain, the United States and Spain -- some of the countries hardest hit by the global financial crisis -- as well as Latin America.

Its net debt was 4.3 billion pounds at the end of December, up from 3.8 billion nine months earlier, and 4.7 times annualised pro forma adjusted EBITDA.

http://www.birminghampost.net/birmingham-business/birmingham-business-news/technology-and-innovation/2009/03/11/yell-makes-big-noise-in-mobile-internet-thanks-to-new-deal-with-3-uk-65233-23115564/

http://corporate.yellowbook.com/products/webreach/

Worth a punt at todays price 17p

Debt looks awesome, though - D4E before long.
=Bargepoles
-er, and there's the matter of Options, probably re-written at c.10p to be sure Dirs get a Bonus.....well, not from my money they don't.

Bought some today.. nice.

Bought yesterday wish I had bought more, IMHO the bottom has been reached.

I wished I bought yesterday too.

My target is 20p.

up 10% this am.

Bouncing up again today. Go Yell go.

This is wanting to go higher today.

just picked up a pitiful few--online restricted and so is my cash! but it looks very exciting today, possible interest from google and with results next week, yell employees buying like mad according to gossip on the other side and it can go in my isa! well picked mitzy. check out AVE for a nice breakout and rumours on the other side.

really? ..... to how many were you restricted?
anyway, traffic here today is several times norm, but as this is the last day of trading the fiscal year, hard to know if there is more to it than just book tidying or similar

only 1000 available online.

rubbish! ..... i just bought 15000 on-line via IG with no problem at all .... change your broker or whatever

Well its reached my target of 20p so gl.

it was a cheap way of getting rid of itchy fingers .... been doing too well of recent days - and been banking profits! - so desperate to give some money back before i lose the knack!

Up 41% today not bad

I mean 45% up today

looking back at yesterday's trades, buys heavily outnumbered sells ..... volume was 6.5x norm .... but then it was last trading day of fiscal year - see also AFR