Concordia Healthcare Corp. T.CXR.R

Hedging and Quarterly earnings

[ohwhatanight]

If CXR made a decision not to hedge their british pound exposure thats fine.  They just had to do a better job of selling that in confernence call.  They seeemed completely not prepared to deal with such a simple question.  
All that aside we should have first quarter earnings in only seven weeks.  Second week of May.  Debt repayment and earnings that signify meeting their projections should set us on our way!! GLTA

[MichaelSilvia1]

This post has been removed in accordance with Community Policy

[Health123]

I think a more accurate statement is that management has shown their "lack of" global experience.   The pumpers on this site can not reputiate this fact:  GBP FX issues will not be favorable in Q1.   It was surprising no one started laughing after that statement Kreppner made  Revenues don't equal expenses unless your net income is zero.  And AMCo's

[Kazinsky]

I tend to agre with you.  There will be no "wash" as management suggested as we sit in the third week of March we already know that the GBP/EUR has been decreasing steaily in 2016.   It will likely continue that trend until the Brexit vote.  Then who knows.   KAZ

[cassius15]

What part of "their earnings in Euros cover their costs" do you not understand? or are you just short? 

[sunshine7]

ok. Seems there are a few smart people here to put some numbers to the issue. USD vs bp is off by 7% but euro is up vs USD by a bit less. Now euro is up vs bp by 10% this quarter. There, sharpen your pencils and come up with some numbers if you can:)

[sunshine7]

Let me get it started without much research. Say $400M in sales from GB and 5% loss from forex issues. That is $20M loss from a total revenue of $1B. Remind me again how this is significant enough to drop the SP 10-20%?

[dudsywow]

RBC's new estimate to account for Fx headwinds lowers 2016 EBITDA from $618M to $608M; a drop of $10M (or around $0.20/share impact).

[sunshine7]

Thank you for adding clarity to this emotional issue (for some). Insignificant and definitely a distraction.

[Health123]

Interesting how you can come to this conclusion when the rest of the world has to wait for the numbers to be revealed in Q1!  (You missed some variables in your calculations BTW).    As for Brexit the implications extend beyond f(x) and will affect trade trade agreements the UK has with the rest of Europe, supply chain issues, margins etc and all is yet to be seen ...  (as

[MustardTiger88]

Because people are irrational, emotional, imbeciles.

[ohwhatanight]

I am no expert but I do listen to quite a few earnings calls.  I've never heard one that has been this low energy.  I mean they should be very proud of the accomplisshments in 2015.  They sounded as if they posted dismal results.  I believe the stock is down because of this uncertainty..    1 st quarter results will give everyone more clartity whether there was

[PROtrading]

OK, you sound legit.  Hard to tell on a bullboard infested with multialias shorters! But not to defend "low energy", we all have the odd bad day!

[ohwhatanight]

I rack my brains daily trying to understand why SP is at this increbily low level.  Close to 52 week low when their earnings and guidance were quite good.  I have scoured news releases and all their presentations which have also always reaffirmed guidance.  So why does the market not believe the story?  I like to read peoples ideas whether they are positive or negative.  I

[relaxxxxxxo66]

Experts all love cxr and agree until VRX shows a bit of class in the business, cxr will suffer or until the next quarter the profits from cxr will tell  the tale then hang on to your hat.