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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by CookieMonsteron May 31, 2016 1:56pm
114 Views
Post# 24919967

RE:will this down trend continue tomorrow? thoughts?

RE:will this down trend continue tomorrow? thoughts?The should be trading at $40 U.S. On a fundamental basis and then pause on further buyout news.  It wouldn't shock me if CXR also brought in a strategic investor that would buy a chuck of the company at a nice premium.  The could use the funds to pay down some debt and use funds to accelerate product acquisitions.  Product acquisitions are very attractive right now!  I'm thinking someone like CPP or Fairfax.  It would be a good move all the way around, especially for the long-term.  Might have better upside this way.  Better growth and fixed balance sheet = multiple rerated higher.  The company could then pay a higher dividend too.
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