Yesterday, Global Yellow Pages announced that the company will cease publications of the trademark Yellow Pages directories as the group turns it focus to property development in New Zealand. I welcome the news as I really believe the only way Global Yellow Pages can grow its shareholder value and its stock price is through FOCUS.
Global Yellow Pages has been involved in so many businesses before: trade directories, digital advertisements, river taxis, property, ice-cream to almost securing a deal with a coffee chain to serve popiah with coffee! There has been so much diversity of the company’s business that I believe it is hard to focus on a niche. Now that the company is choosing to focus on property development in New Zealand where there is no much competition there, I believe it is only positive for the company and its shareholders.

I like the fact that Global Yellow Pages …