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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by denlepon Mar 23, 2016 6:11pm
329 Views
Post# 24695135

RE:RE:earnings

RE:RE:earningsNothing new. Results pretty much in line with expectation and guidance reaffirmed like they did in a presentation in January et February and the presentation already on their website since a couple of weeks. I should reassure the most nervous investors but it is still a show me for some investors. Each new quarter should give confidance in their guidance. The worst is behind us but it will take tikes to reach a PE of 10 because of the debt. But at curent price it's at 7.8 PE of ltw and less than 5 times next year guidance. It's a bargain for patient investors as long as they deliver according to guidance but the Streets remain sceptics of guidance following what append to VRX . peobably a pop tomorrow but I will be surprise if it goes over the price of 45$ cdn that it was trading last week. Personnaly, I continue to accumulate on each drop Under 40$ cdn. It's not without any risks but I think the riks reward is favourable and when all the dust about VRX will be gone. it should trade at least at 65$cdn a year from now (only 8 times earnings of 2016, if they deliver guidance)
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