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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by themangokidon Oct 26, 2015 8:15am
137 Views
Post# 24226086

RE:RE:Going to be a big day

RE:RE:Going to be a big dayplus, also could be a result of the shares outstanding being more than anticipated (i'm not sure if the share count via the equity offering is actually any more or exactly what they expected; just spitballing here) or of the added cost of the debt than originally planned. Maybe its management setting the expectations a little lower, to take into account unforeseen bumps in the road.

either way, shareprice is cheap considering 2016 eps guidance, high single digits organic growth and debt being significantly reduced by 2016's end.

I get the feeling its not going to be an immediate bounce back to the glory days though rather than a choppy climb, which is ok but may be disappointing to fellas expecting $100 yesterday. either way, as long as valuation is low and eps estimates keep rising year over year, I'll remain a shareholder.
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