Concordia Healthcare Corp. T.CXR.R

RE:RE:Q2 numbers

[puma1]

Chou, here are the first comments on thr RBC update. They should report solid numbers.

puma1 wrote: and to remind - these reductions since June are 95% Brexit related; the operations are intact but no one expected the UK vote to go no.

such is investing!

puma1 wrote: as mentioned, RBC released their Preview and they expect CXR to report $US 1.26 of adj EBITDA for the quarter. consensus is $US 1.49.

you can see the BNN headline already -


anyway, for anyone who cares about the facts, the walkaway from the Preview is that they are still projecting the company to AVERAGE CDN$ 7.60 PER SHARE A YEAR..

we are trading at a 3.15 times multiple which is about a 5th of the market multiple and a 3rd the pharma averages.