Added to YB: 2025-02-20
Pitch date: 2025-02-18
DALN [bullish]
DallasNews Corporation
+172.89%
current return
Author Info
Tiehack Capital searches the globe for extremely mispriced assets in the overlooked and forgotten areas of the stock market (OTC, nanocap, microcap, etc.) This often comes in the form of special situations (liquidations, recapitalizations, bankruptcies, etc.) and deep value stocks. They run a concentrated portfolio (10-20 stocks) and command a large margin of safety. Sign up for the newsletter.
Company Info
DallasNews Corporation, together with its subsidiaries, publishes and sells newspapers in Texas. The company operates The Dallas Morning News, a newspaper; dallasnews.
Market Cap
$24.8M
Pitch Price
$6.05
Price Target
12.00 (-27%)
Dividend
N/A
EV/EBITDA
7.38
P/E
232.00
EV/Sales
0.28
Sector
Media
Category
turnaround
DallasNews Corporation - $DALN
DALN: Selling Plano facility, cutting 60% print staff for $5M savings. Digital subs growing, print stabilizing. $19M cash, $25-40M property value. Downside protected at $6.25. New shareholders (Hoffmann, Covista, Carlson Ridge) may pursue strategic moves. $10-12 PT, potential $3-5 special dividend.
Read full article (7 min)