HELLO ALL,

EVERYTIME THEY FALL OFF THE HIGH WIRE I CONSIDER BUYING YELL. BUT AS YET I HAVEN'T DONE IT!!!!!!!!

I'M NOT REALLY SUR WHETHER THE BUY TIME HAS COME OR WHETHER I'LL FALL TO 4:20.
ANY THOUGHTS?
ALSO, IS THERE A DIVIDENT REINVESTMENT PLAN?

95p now...this will weaken further.

If they are not careful & the sp weakens further, YELL will become a takeover target themselves. Very hard to pick a support level on the graph, imo.

Mountain of debt plus declining business volumes make this a sell imho.

analysts in march had this at 350p, lol.......what a bunch of muppets....and expensive muppets too

how far for this to go to consider buying? hmmm, hard catching a falling knife

Divi date is mid july, assuming they pay it, so might see a little recovery then, but otherwise it's very difficult to predict the bottom, imo.

Daylight robbery by Yell's CEO and COO...


Yell chiefs face investor revolt over big bonuses - Amanda Andrews, Media Business Correspondent

Yell, owner of Yellow Pages, yesterday faced an investor revolt over its bonus payments and calls for its chief executive and chief operating officer to step down, The Times has learnt.

The Association of British Insurers (ABI), whose members control about 20 per cent of the stock market, has issued an amber-top alert, signalling concerns over generous management bonuses at Yell after the 87 per cent drop in the group's share price in the past year. Senior executives have received bonuses worth 110 per cent of their salaries.

The group's market capitalisation has fallen to 484 million - considerably lower that its 3.8 billion debt load.

John Condron, the chief executive, received a performance-related bonus of 935,000, on top of an 850,000 salary. John Davis, the chief financial officer, received a 555,000 bonus on top of 505,000 in basic pay. Both received double-digit salary increases.

watch the intra day reversal on these

slowly taking shape

perking up nicely, should touch 74p intra-day

:-)

:-)

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.

UBS has cut YELL target to 35p. More downtrend for YELL down to 20p.

I still say YELL is a sell. It will go to sub 20p.

I have been shorting this since it was 130p last year. Glad I was right.

27p now.

Looking bleak for this one now:
"Yellow pages publisher Yell has slumped on a warning that it could breach its bank covenants. "As a consequence of increasingly uncertain trading conditions, there is a risk that the group might need to reset its financial covenants with its lenders to avoid a breach of those covenants," it said in its annual report."

Yes, Harry. YELL is 24p now. More weakness will prevail on this kind of news.

just seen ..... glad i was out of these a few weeks back