Hibu Share Discussion Threads

[13matt13] 14/2/2014 10:32

FF,

If hsg have so much damning evidence against hibi BOD then they need to get this out to the media, we can then they a trial by media, this is what will apply the pressure on G`ment bodies to investigate these villians.

It is no good just sitting on evidence get it out then force/challenge the company
via the media to a respond to the allegations of wrong doing.

[ep0ch] 13/2/2014 21:45

freddie, any particular reason why you feel the need to tell the whole world what's going on?

[freddie ferret] 13/2/2014 18:55

13matt13

The fact of the matter is a HUGE amount is going on in the HSG, research (which is kept secret), preparation of a variety of different types of legal cases, liaison with the media, liaison with MPs, liaison with a variety of different UK investigating authorities, liaison with the administrator, liaison with US investigating authorities. It is the research and legal departments you have most to fear from. This matter is now humongously large, like you would not believe it. The information that it is turning up has gone from the ridiculous to the absurd, things that we could not even believe might have been possible, such simple things, such stupid things are truly the case. It's childish the way these people have operated.

[themoocha] 12/2/2014 13:10

13matt13

Matt - HSG would have it out there in the media, HSG clearly have nothing on Hibu.

Whilst I agree that we would like a bit more coverage in the national press the simple fact is that Hibu have a marketing budget of £60 million. In terms of suppressing news this is a big carrot to dangle in front of any editor. But as with so many things times change and things are happening behind the scenes that I think will leave an editor with no choice but to publish the facts/evidence.

We just have to be patient. Rremember this is the company who was going to have all this sown up in September (if my memory serves me right). I certainly don't remember them saying it could possibly be February 2014 and yet here we are and they still have not completed it.

All down to HSG fighting the cause.

TM

[13matt13] 10/2/2014 07:13

Very Very Good news for hibu, bad for us fotmer holders.

"Yellow Media Captures Digital Market after Going through Debt Restructuring

Yellow Media was the go-to publisher for business directory phone books. However after going through a debt restructuring, the Montreal-based business managed to capitalize on digital advertising. All the localized businesses that use to advertise primarily in phone books are now advertising online with Yellow Media Ltd.

Revenue since the restructuring has grown four-fold. Aravinca Galappatthige, an analyst with Canaccord Genuity Group, stated:

"They're definitely past the danger point. There's a lot more upside."
Yellow Media was taken over by creditors in 2012 after they were unable to cover all their payments. Now they are creating an online marketing blueprint for business directories throughout Europe to follow. For example, Hibu Plc, which is headquartered in the UK, is currently going through a debt restructuring and looking to capture a second chance within the digital market.

Yellow Media has been so successful recently that they've grown 230% since December 20, 2013. The percentage of revenue coming from digital media grew from 34% to 43%, and profit rose from $22.2 million to $41.8 million.

Yellow Media still produces and distributes a physically published yellow pages by request from customers. According to Paul Sweeney, the director of North American research for Bloomberg Industries, the reason Yellow Media was able to make the jump to digital so quickly was because they were able to capitalize on the business relationships they already had.

Being the primary business directory, they had business relationships with small town mom-and-pop shops all over the country. They still have a sales force of approximately 1,000 sales people working to maintain those relationships and build new ones. They currently work with over 300,000 merchants who use them for advertising.

Yellow Media has been able to repay approximately $153 million (Canadian) in debt during the 2013 calendar year. While enjoying their recent growth, they are actively working to reestablish relationships that suffered due to their financial problems."

[13matt13] 10/2/2014 07:11

Very Very Good news for hibu, bad for us fotmer holders.

"Yellow Media Captures Digital Market after Going through Debt Restructuring

inShare
1

Yellow Media was the go-to publisher for business directory phone books. However after going through a debt restructuring, the Montreal-based business managed to capitalize on digital advertising. All the localized businesses that use to advertise primarily in phone books are now advertising online with Yellow Media Ltd.

Revenue since the restructuring has grown four-fold. Aravinca Galappatthige, an analyst with Canaccord Genuity Group, stated:

"They're definitely past the danger point. There's a lot more upside."
Yellow Media was taken over by creditors in 2012 after they were unable to cover all their payments. Now they are creating an online marketing blueprint for business directories throughout Europe to follow. For example, Hibu Plc, which is headquartered in the UK, is currently going through a debt restructuring and looking to capture a second chance within the digital market.

Yellow Media has been so successful recently that they've grown 230% since December 20, 2013. The percentage of revenue coming from digital media grew from 34% to 43%, and profit rose from $22.2 million to $41.8 million.

Yellow Media still produces and distributes a physically published yellow pages by request from customers. According to Paul Sweeney, the director of North American research for Bloomberg Industries, the reason Yellow Media was able to make the jump to digital so quickly was because they were able to capitalize on the business relationships they already had.

Being the primary business directory, they had business relationships with small town mom-and-pop shops all over the country. They still have a sales force of approximately 1,000 sales people working to maintain those relationships and build new ones. They currently work with over 300,000 merchants who use them for advertising.

Yellow Media has been able to repay approximately $153 million (Canadian) in debt during the 2013 calendar year. While enjoying their recent growth, they are actively working to reestablish relationships that suffered due to their financial problems."

[knigel] 30/1/2014 08:42

Perhaps you should have set up the action group!

[13matt13] 30/1/2014 08:08

Hibu will get re-listed wthin 2 years, thats how the debt holders/owners will make billions out of it.

For us shareholders we need to aim for new shares in the company before the re-float of the company on the markets. It would cost them nothing now just a paper IOU, at around one share for every 2 held. The bond holders have seen one third written off i.e £800m leaving 1.5b debt,

[13matt13] 30/1/2014 08:06

Of course this will get re-listed wthin 2 years, thats how the debt holders/owners will make billions out of it.

For us shareholders we need to aim for new shares in the company before the re-float of the company on the markets. It would cost them nothing now just a paper IOU, at around one share for every 2 held. The bond holders have seen one third written i.e £800m leaving 1.5b debt.

[risk1] 29/1/2014 23:04

Good luck with that is there any chance that this will get relisted or shall i write it off now?

[jamrol] 29/1/2014 20:14

if HIBU comes out of restructure I will be the first to short it!!

[13matt13] 29/1/2014 11:28

Follow up on earlier post, thought this is of interest to see how YP have restructured in Canada, the new Shareholders ( senior bondholders ) have seen their shares rocket .Rather than the utter contempt hibu has shown to their UK shareholders they could have offered some shares in their relaunched UK company. Uk shareholders in hibu kept their shares because they believed in the digital future of hibu . What is happening with the Canadian YP has proved their judgement to be right.

"Yellow Media Ltd., Canada's publisher of business directories, has cracked the Internet code.

The Montreal-based company has rebounded from a debt restructuring to surge almost fourfold in the past year as it captures digital advertising from the plumbers and lawyers that once filled its yellow-pages phone books.

"They're definitely past the danger point," Aravinda Galappatthige, an analyst with Canaccord Genuity Group Inc., said in a Jan. 9 phone interview. "There's a lot more upside."

Yellow Media, which was taken over by creditors in 2012, offers a possible blueprint for counterparts in Europe, such as U.K.'s Hibu Plc, that are undergoing restructurings of their own. The U.S.'s YP, bought by Cerberus Capital Management LP from AT&T Inc. for $950 million in 2012, is also trying to reinvent itself as a digital-services company as it fends off Internet giants such as Google Inc.

Yellow Media has jumped 230 percent since Dec. 20, 2012, when it completed a recapitalization program in which senior bondholders had their debt converted to shares of a new company. The deal reduced the publisher's debt by about $1.5 billion Canadian. The company fell 0.4 percent to $22.64 in Toronto Tuesday."

hxxp://www.montrealgazette.com/business/Yellow+Media+shows+peers+digital/9439466/story.html

[13matt13] 29/1/2014 11:27

Epoch,

Exactly, this is why a big move is underway to get the press to put pressure on the BOD & G`ment, it is now or never.

HSG should also be getting any information that is detrimental about hibu BOD & SOA across to the press ASAP.

Follow up on earlier post, thought this is of interest to see how YP have restructured in Canada, the new Shareholders ( senior bondholders ) have seen their shares rocket .Rather than the utter contempt hibu has shown to their UK shareholders they could have offered some shares in their relaunched UK company. Uk shareholders in hibu kept their shares because they believed in the digital future of hibu . What is happening with the Canadian YP has proved their judgement to be right.

"Yellow Media Ltd., Canada's publisher of business directories, has cracked the Internet code.

The Montreal-based company has rebounded from a debt restructuring to surge almost fourfold in the past year as it captures digital advertising from the plumbers and lawyers that once filled its yellow-pages phone books.

"They're definitely past the danger point," Aravinda Galappatthige, an analyst with Canaccord Genuity Group Inc., said in a Jan. 9 phone interview. "There's a lot more upside."

Yellow Media, which was taken over by creditors in 2012, offers a possible blueprint for counterparts in Europe, such as U.K.'s Hibu Plc, that are undergoing restructurings of their own. The U.S.'s YP, bought by Cerberus Capital Management LP from AT&T Inc. for $950 million in 2012, is also trying to reinvent itself as a digital-services company as it fends off Internet giants such as Google Inc.

Yellow Media has jumped 230 percent since Dec. 20, 2012, when it completed a recapitalization program in which senior bondholders had their debt converted to shares of a new company. The deal reduced the publisher's debt by about $1.5 billion Canadian. The company fell 0.4 percent to $22.64 in Toronto Tuesday."

hxxp://www.montrealgazette.com/business/Yellow+Media+shows+peers+digital/9439466/story.html

[ep0ch] 29/1/2014 11:02

You sound like it's good news?? Some people have lost almost their entire life savings of £228,000!

[13matt13] 29/1/2014 10:38

The latest development which I was waiting for. Looks like the end game is near!

Hibu Inc., the publisher of "Yellowbook" phone directories in the U.S., filed for bankruptcy court protection to aid the U.K. restructuring that began this month.

The company, based in Reading, England, owes creditors more than $1 billion, according to a Chapter 15 filing in Central Islip, New York, that seeks to block lawsuits and organize creditors in the U.S. Hibu, which also prints yellow pages in the U.K. and Spain, began reorganizing in U.K. courts on Jan. 17 after earnings fell on competition from the Internet.

Directory publishers such as Hibu are moving away from print as businesses shift advertising online. Canada'sYellow Media Ltd. (Y) rebounded from a debt restructuring to surge almost fourfold in the past year as it captured digital ad sales. The U.S.'s YP, bought by Cerberus Capital Management LP from AT&T Inc. for $950 million in 2012, changed its brand from Yellow Pages and now generates more than $1 billion a year in digital-advertising revenue, according to the company's website.

Before court proceedings began, Hibu negotiated a restructuring in July that would reduce its debt by 800 million pounds ($1.3 billion) while giving lenders control of the company, formerly known as Yell.

Profit before interest, tax, depreciation and amortization for the year to March 2013 dropped to 283 million pounds from 461.3 million pounds for the same period in 2012, the company reported July 25.

In addition to the U.K., U.S. and Spain, Hibu has operations in Argentina, Chile and Peru.

The case is In re Hibu Inc., 14-bk-70323, U.S. Bankruptcy Court, Eastern District of New York (Central Islip).

To contact the reporters on this story: Tiffany Kary in New York at [e-mail]; Dawn McCarty in Wilmington at [e-mail]

To contact the editor responsible for this story: Andrew Dunn at [e-mail]

[13matt13] 29/1/2014 10:37

The latest development which I was waiting for. Looks like the end game is near!

Hibu Inc., the publisher of "Yellowbook" phone directories in the U.S., filed for bankruptcy court protection to aid the U.K. restructuring that began this month.

The company, based in Reading, England, owes creditors more than $1 billion, according to a Chapter 15 filing in Central Islip, New York, that seeks to block lawsuits and organize creditors in the U.S. Hibu, which also prints yellow pages in the U.K. and Spain, began reorganizing in U.K. courts on Jan. 17 after earnings fell on competition from the Internet.

Directory publishers such as Hibu are moving away from print as businesses shift advertising online. Canada'sYellow Media Ltd. (Y) rebounded from a debt restructuring to surge almost fourfold in the past year as it captured digital ad sales. The U.S.'s YP, bought by Cerberus Capital Management LP from AT&T Inc. for $950 million in 2012, changed its brand from Yellow Pages and now generates more than $1 billion a year in digital-advertising revenue, according to the company's website.

Before court proceedings began, Hibu negotiated a restructuring in July that would reduce its debt by 800 million pounds ($1.3 billion) while giving lenders control of the company, formerly known as Yell.

Profit before interest, tax, depreciation and amortization for the year to March 2013 dropped to 283 million pounds from 461.3 million pounds for the same period in 2012, the company reported July 25.

In addition to the U.K., U.S. and Spain, Hibu has operations in Argentina, Chile and Peru.

The case is In re Hibu Inc., 14-bk-70323, U.S. Bankruptcy Court, Eastern District of New York (Central Islip).

To contact the reporters on this story: Tiffany Kary in New York at [e-mail]; Dawn McCarty in Wilmington at [e-mail]

To contact the editor responsible for this story: Andrew Dunn at [e-mail]

[fatfish] 28/1/2014 19:28

totally agree

[themoocha] 28/1/2014 16:26

Orches - bide your time, you may have to declare it as a profit.

[orchestralis] 28/1/2014 16:13

Can I claim Hibu as a CGT loss in 2013 or is there still any chance of getting some money back?

[freddie ferret] 28/1/2014 15:53

It's five newspaper stories two in the Independent, one in the Mail (this is money), one in the Times and one in the Evening Standard.