Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

Bullboard (TSX:CXR.R)

View:
Post by meetoo1600on Nov 21, 2017 8:34am

CMA Investigation

It sounds like, with today's press release, the CMA investigation is losing steam. Also sounds like the restructuring deal is not yet completed.  rad10 will shout "I told you so".  ...more  
Comment by 12diabolicalon Nov 21, 2017 6:40am

RE:RE:RE:RE:RE:fairly confident an agreement has NOT been reached.........

I'll save meetoo1600 some time, this question has been fielded by him already, I have read all of his posts.... This was his answer....   RE:Finally some good info. Let's put it this ...more  
Comment by born2tradeon Nov 20, 2017 11:24pm

RE:RE:RE:RE:fairly confident an agreement has NOT been reached.........

If I could ask your opinion. I am close to $5k under on CXR and averaging over $6. If you were in my position, would you average down ? What is the probability the company would go bankrupt? This was ...more  
Comment by meetoo1600on Nov 20, 2017 4:01pm

RE:RE:RE:RE:RE:correct me if I am wrong

You have correctly described the nature of the struggle, and ergo the gamble.  I am not expecting the secured to give up anything, and I never expected that they would.  For the unsecured it ...more  
Comment by rad10on Nov 20, 2017 2:54pm

RE:RE:RE:RE:correct me if I am wrong

Problem is meetoo - your conservative post restructuring value is 1.5 billion - that is only 3/4 of the face value of the debt that they are trying to restructure................. This will be a big ...more  
Comment by meetoo1600on Nov 19, 2017 5:30pm

RE:RE:RE:correct me if I am wrong

You piqued my curiosity, so I spent some time today studying the Yellow Media case.  The pre-restructuring common equity in that case retained 9.174% of the company post-retructuring.  If ...more  
Comment by meetoo1600on Nov 18, 2017 8:20pm

RE:RE:RE:correct me if I am wrong

I wasn't involved in Yellow.  It's just one of a number of cases that I came across.  Read together, there is little that one can discern as a pattern.  Each case is different ...more  
Comment by rad10on Nov 18, 2017 6:48pm

RE:RE:correct me if I am wrong

Good post Meetoo  - I had front row seats at the yellow media restructuring and I am deeply indebted to the ineptitude of Marc Tellier - he is now a McKinsey Consultant which horrifies me!  ...more  
Comment by MrHuloton Nov 18, 2017 3:55pm

RE:RE:correct me if I am wrong

Logical and beautifully articulated thesis, Meetoo.
Comment by meetoo1600on Nov 18, 2017 2:40pm

RE:RE:RE:correct me if I am wrong

You are correct that I am knowledgable in this area, in fact very much so, but it does not necessily mean that the result will be consistent with my analysis, mostly because it is not clear to what ...more  
Comment by rad10on Nov 18, 2017 8:30am

RE:RE:RE:correct me if I am wrong

perhaps a reverse split down the road could preserve a nasdaq listing..................... Just sayin'..............................
Comment by daveinmisson Nov 18, 2017 12:16am

RE:RE:correct me if I am wrong

Excellent analysis meetoo...you have the knowledge to make a plausible case. Thanks for sharing...time will tell as the expression goes.
Comment by meetoo1600on Nov 17, 2017 10:46pm

RE:correct me if I am wrong

daveinmiss, as I have said earlier, there is a wide range of possibility within the range of reasonable outcomes.  One factor that will be taken into consideration by those negotiating is that ...more  
Post by daveinmisson Nov 17, 2017 9:35pm

correct me if I am wrong

It seems to me that Concordia does have maintain a decent price per share valuation to note holders to get them onside. Perhaps as meetoo is inferring, I think, that should be at least $1 per share as ...more  
Comment by 12diabolicalon Nov 17, 2017 9:12am

RE:deafening silence of sedar...................

Just cover already, do you really think the company underwent financial restructuring to bring the share down to .60 and then drop from there? What is the incentive?  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities