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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by retiredcfon Dec 10, 2015 7:54am
115 Views
Post# 24372119

Campbell Comments

Campbell CommentsAnd despite our frustration, if he sold out at $80 or above, you've got to give him credit for doing a good job as a fund manager. GLTA

CXR-T 2015-12-09 COMMENT Bruce Campbell (2)

He still likes this and is pretty sure he will be back in the name down the road. The big issue the street is focused on is their debt level. The debt is $3.5 billion, which is a fairly high amount of their cash flow. They are going to pay that down over time. The street is fairly neutral to lukewarm on the company, but as they prove out that they can pay down this debt and that they are doing so, it will give the stock a higher multiple and the stock will move up into the $80 range.


Price:
$49.840
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No

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