Share prices of US Yellow Pages take a beating..but what about Canada and Singapore.

Barbara Shecter, Financial Post Published: Tuesday, February 19, 2008 filed this report that Canada Yellow Pages avoids U.S. blues as the U.S. directories feel recession pinch, fuelled by no doubt the issue of sub prime problem.

In Singapore, the Yellow Pages Share price has dropped to 84cts from the high of S$1.46 about 6 months ago. In the SE Asia region, most of them are still in Telco hands and not traded. In Thailand, it is traded under CS Loxinfo and the shares is still not performing that well. The revenue from the main book did not meet up with the target.

Well, we should be optimistic of the future as the Canadian Yellow Pages Marc Tellier Yellow Pages president and CEO, said that he believes the company is well-positioned for 2008, and after full-year results came out last week.

The US subprime problem has hit the advertisers' confidence and thus revenues are hard to be met. The stock prices has slided due to predictions by some analyste that the use of newspapers and print directories would drop by 10% in 2008.

The Yellow Pages Income Fund (YLOun/TSX) (canadian yellow pages) felled nearly 15%, from $14, even though the year end results were out since last week. For 2008, the online revenue is expected to grow by some 30%. Marc Tellier, Yellow Pages CEO, said he believed the company is "well-positioned for strong performance in 2008."

In US market, the Directories publ isher Idearc Media (IAR/NYSE), a Verizon spinoff, predicted lower revenues and softer margins and stock price has dropped by 50% In Europe, the U.K., Yell Group PLC (YELL/ LSE), the sales growth forecast is not moving towards its target resulting in the stock prices fallen by 38% since last year!

What do you think that the revenues of the Yellow Pages around this Asian region?