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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > NHC reported today... down 20%
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Post by visionaryfool on May 11, 2016 11:13am

NHC reported today... down 20%

After they beat earnings by good margin and hinted at up'ing their forecast in July.

WTF is going on? It makes me think regardless of what happens on Friday, good or bad results, this is gona tank. Depressing agh. I hope you all bought your downside protection.
Comment by CNInvesting on May 11, 2016 11:26am
They didn't beat earnings, they increased revenues 35% by comparison to Q1 2015. Earnings are slightly lower to what was expected ( loss of 0.07$ vs 0.04$).  The problem is just psychological. Everybody is thinking for the short-term. The real ''bad'' news is that they weren't able to get all their AR from 2015 in time. So what, they'll get them in the coming ...more  
Comment by rtftech16 on May 11, 2016 11:42am
They beat analyst Q1 revenue estimates 
Comment by visionaryfool on May 11, 2016 11:42am
Sorry meant to say they beat revenue. Yeah I agree on the drama around these stocks. Nothing fundamental but the negative reaction is nuts.
Comment by Stockcoach1 on May 11, 2016 12:10pm
I'm sick and tired of everyone including BNN continuously using the words "another roll up company". as some kind of a contagious plague. WTF is wrong with that concept? The cost and risk of failure is much greater with doing a start up, then buying an existing proven business,,,,,especially when it comes to inventing new drugs. All these parrots have no brains and just keep ...more  
Comment by ohwhatanight on May 11, 2016 12:39pm
Most  big companies do with all the time....  the buyout becomes  Accreitve at the big companies multiple  which  is higher than the company they are taking over.   On top of that there are redundancies that are discarded and opportunities  to  grow.   CXR having an international  distribution abitlity is a key stratgegic advantage  that they ...more  
Comment by springisnear on May 11, 2016 11:42am
they DID NOT beat earnings. there ya go. 
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