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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Can anyone make any sense of this?
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Post by argentia77 on Jan 11, 2016 6:21pm

Can anyone make any sense of this?

Down 22% since last Wednesday.
Comment by sal_bando on Jan 11, 2016 6:43pm
This finance guy used to work for Nortel. Could that be a problem? https://www.linkedin.com/in/adeelahmad1 He was also the external auditor before that. Hmmmm!
Comment by sal_bando on Jan 11, 2016 6:48pm
Doesn't seem to have much experience in the health care sector. He also worked for Ingram Micro - a tech company or, more accurately, a computer seller. Could that be a problem?
Comment by sunshine7 on Jan 11, 2016 7:05pm
His financial skill sets can be applied regardless of the industry. Most importantly, he has strong international experience and has had 2.4 years with Concordia to learn the industry and show his worth.; This is not a blind hire. They know what he can do and promoted accordingly.
Comment by Stockcoach1 on Jan 11, 2016 7:09pm
Vice President Finance and Controller [Toronto, Canada] Concordia Healthcare Corp. October 2013 – Present (2 years 4 months) I think that after 2.5 years, CEO Thompson knows and trusts him enough to promote him. He is an Indian Expat with past experience in New Delhi, that may be of great benefit. Just because you worked in Nortell  finance doesn't make you responsible for the ...more  
Comment by Slinger14 on Jan 11, 2016 10:48pm
Are you suggesting SP declined 22% in 4 days because of "this finance guy?"  There has been a massive selloff since he new year rang in.  We all know his.  CXR didn't escape this.  It has nothing to do with fundamentals of the company.  Nothing has changed in its business world except that they have actually paid down some debt!  The panic selling in the ...more  
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