Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > ROLLER, There will NOT BE A BUYOUT
View:
Post by fdfd12 on May 31, 2016 5:59pm

ROLLER, There will NOT BE A BUYOUT

I have said this time and time again.
No one will give CXR 65USD when it is trading at $31USD.

CXR is worth at least $65USD.

If the stock gets to $42-45US, then a $65USD offer makes sense.

For KKR or whomever to offer $65USD for
a stock trading at $31 is NUTS.
The top heads of KKR will be chopped if they offer that.

CXR needs to get closer to $65USD or else will not be bought out.

PS: Guys don't say silly things like "I hope it drops $5 so I can get my traders back".

Say "I hope KKR is stupid enought to offer us $65USD tomorrow morning".
Comment by CookieMonster on May 31, 2016 6:22pm
Valeant to hold Q1 conf. Call on June 7th.
Comment by Roller007 on May 31, 2016 6:28pm
Fdfd12:  the buyout is not in question.  It's the announcement date that is.  Done deal, sealed and ready to be delivered.  I'm guessing the price closer to 50usd.    
Comment by fdfd12 on May 31, 2016 6:33pm
$50USD is very possible. That is fine for a stock greatly undervalued and trading at $31USD. Only problem is that I don't think MT will go for $50USD. That is my opinion. I hope I see it tomorrow morning with the CAD $ dropping .05 the same day of the announcement.
Comment by Lattice on May 31, 2016 6:42pm
This post has been removed in accordance with Community Policy
Comment by pineapple1 on May 31, 2016 7:27pm
This post has been removed in accordance with Community Policy
Comment by WillyWally on May 31, 2016 7:44pm
Hey Lattice, I agree with you there is no done deal buyout... but what  fiduciary responsibility are you talking about? There is no such thing as long as the talks are informal. Offers can be made in informal ways until they're finalized. But as you know I'm not one of those believing in this fairy tale of a buyout, although I think there is a considerable chance a buyout occurs ...more  
Comment by Asphalt20 on May 31, 2016 8:11pm
Please don't beat me up on this because I am long on CXR, but I can't help but think that if there was a deal at $50US it would have been leaked to the market LONG ago, and CXR would be trading at $60CDN,not $40.
Comment by fdfd12 on May 31, 2016 8:18pm
I am the one who gave it 5 stars
Comment by relaxxxxxxo66 on May 31, 2016 8:36pm
CXR,has no chance with this missing management, too bad, Vxr with all the media and B.S. about new CEO and payouts, and CXR getting no credit for being clean is a JOKE! IS THIS STOCK WORTH THE  BULL S----------------T!
Comment by Lesalpes29 on May 31, 2016 8:39pm
Not relaxed yet mr relaxxx
Comment by relaxxxxxxo66 on May 31, 2016 8:42pm
SO, what is wrong with CXR, what is it they are not telling us that the purchasers are SEEING! The company makes money ,shows a great quarter, talk of great future, but VXR is more likeable B.S.!
Comment by curiousbuild on May 31, 2016 8:48pm
what's wrong? Current sentiment on health care stocks, debt although it's payable nicely, Valeant saga, Brexit/Bremain drama for few more weeks and uncertainty with takeover which we all know is not appreciated by market.. This takeover saga puts more pressure on investor sentiment than all above.. CB
Comment by Lesalpes29 on May 31, 2016 8:55pm
Ok CB lot of uncertainty and bad sentiments, is it enough to see 50usd accepted?
Comment by curiousbuild on May 31, 2016 9:02pm
I personally would be ok with $50USD, big funds have longer time horizon so let shareholders decide instead of bod and MT throwing away if there is one at $50. Look at Monsanto its share price went higher aftet bod demand higher bid from Bayer.. I don't what OSC and SEC regulations are when it comes to disclosures on this type of rumours and negotiations though.. CB
Comment by Lesalpes29 on May 31, 2016 9:12pm
We Will see it soon if an offer is on the table. Hope to see more positives sentiments around cxr and an offer, if it's 50usd or more, Will help. And and me to I Will be ok with an offer at 50usd... But I'm not Cinven or MT or Roller my votes won't have a big impact on the result!
Comment by Lesalpes29 on May 31, 2016 9:14pm
We Will see it soon if an offer is on the table. Hope to see more positives sentiments around cxr and an offer, if it's 50usd or more, Will help. And and me to I Will be ok with an offer at 50usd... But I'm not Cinven or MT or Roller my votes won't have a big impact on the result!
Comment by Lesalpes29 on May 31, 2016 7:33pm
50usd will be accepted...
Comment by sunshine7 on May 31, 2016 8:17pm
By cinven, another PE company who bought their shares at $65 USD and own 15% of cxr? Not a chance unless they maintain an interest.
Comment by Lesalpes29 on May 31, 2016 8:31pm
I think the same sunshine, no chance that an offer at 50usd Will be accepted... My post was more a question than an affirmation...
Comment by curiousbuild on May 31, 2016 8:41pm
The company should disclose whats on table otherwise shorts will drive this down again and MT will be remembered as chicken feeder.. They cant refuse a deal without letting shareholders know.. at least a corporate update would be wise.. $65 USD is a sweet dream, I don't think CXRX will reach that in a year with current environment. Funds will be underwater for a long time and will put more ...more  
Comment by regardless on May 31, 2016 8:44pm
exactly why there is no deal....if there was something is always leaked ...also, he has to disclose an offer...since there has been no disclosure, there is no deal
Comment by Lesalpes29 on May 31, 2016 8:47pm
After a bad day like today every body want to sell this Nice company for 50usd a share... Crazy no?
Comment by cavinsin on May 31, 2016 7:28pm
FDFD it doesn't need to be at $ 65US to be bought out, It will be bought out, but not near number you suggesting, I am thinking $ 50-55US max. Will see soon I guess
Comment by cavinsin on May 31, 2016 7:33pm
sorry I didn't read the other two responses to yours, glad to see few others think same as I do,
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities