Daytripper Posted March 24, 2010 Share Posted March 24, 2010 I'm looking for some high yield stocks to own for at least 2-3 years. I been looking at Frontier and noticed that Fairfax owned 18.6M shares as of 12/31/2009. That gives me a pretty good confidence level. Any thoughts on this company? Thanks! Tom Link to comment Share on other sites More sharing options...
nodnub Posted March 24, 2010 Share Posted March 24, 2010 I been looking at Frontier and noticed that Fairfax owned 18.6M shares as of 12/31/2009. That gives me a pretty good confidence level. One might have formed a similar confidence level when Fairfax as well as Marty Whitman and other well-known investors were purchasing large chunks of SFK Pulp at prices >$4.00 in 2006. SFK had a high yield then if i recall correctly. Here is the chart if you want to take a look at how that worked out over a 2-3 year period: http://finance.yahoo.com/q/bc?s=SFK-UN.TO&t=my&l=on&z=m&q=l&c= Link to comment Share on other sites More sharing options...
Packer16 Posted March 24, 2010 Share Posted March 24, 2010 Frontier is a good company in a declining industry. I looked at this firm (as I like recurring revenue models and live in one of Frontiers largest markets - Rochester, NY) also but found other similarly priced firms with better growth prospects. Pro-forma the Verizon acquisition, the firm trades 4.3 to 4.6 times FCF and 4.2 to 4.5 times EBITDA. This firm is in a much less commodity driven industry than SFK. Given the declining nature of the revenue stream (primarily residential and business access lines), this inexpensive but not cheap. Other firms who I think are as cheap but also have some growth include SSW, SURW, TWC, CCMM and MCCC. Packer Link to comment Share on other sites More sharing options...
biaggio Posted May 5, 2011 Share Posted May 5, 2011 http://finance.yahoo.com/news/Frontier-Communications-bw-2424331352.html?x=0&.v=1 earnings out this am Link to comment Share on other sites More sharing options...
T-bone1 Posted February 16, 2012 Share Posted February 16, 2012 Results look great (compared to last few quarters). They are cutting the dividend to $0.40 per year (which probably dissapoints some). I'm surprised the stock is down after hours. The business is operating better than expected finally, synergies are rising, and they will not we able to term out their debt at the current advantageous rates. Link to comment Share on other sites More sharing options...
biaggio Posted February 16, 2012 Share Posted February 16, 2012 http://phx.corporate-ir.net/phoenix.zhtml?c=66508&p=irol-secText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDAwMjA1MjAtMTItMDAwMDE1L3htbC9zdWJkb2N1bWVudC8z -company presentation -conference call in progress Link to comment Share on other sites More sharing options...
Myth465 Posted February 17, 2012 Share Posted February 17, 2012 I believe there is already a Frontier thread. can these be merged. Link to comment Share on other sites More sharing options...
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