Concordia Healthcare Corp. T.CXR.R

Debt in GBP/USD

[sunshine7]

CXR carries 2 GBP denominated liabilities. As of March 31, they were a term loan valued at $685m US and the Cinven performance payout of $198m. Considering UK sales are around $400m out of which expenses are paid in GBP, the FOREX issue is really a non-issue for the coming year.
The balance of the debt appears to be USD.

[ana852456]

We have CXR in Canadian and CXRX in US , nothing in UK stock market.All must be in USD presented .If same debt, sales or expenses occured in GBP , there will be an exchange cours to USD.  There is Canadian GAAP and US GAAP. Now, on TSX the company  can presente on US GAAP also.  We can see the explanation on Notes-liabilities and they must also presente the cours exchange when they

[Lattice]

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[GoldBug024]

Maybe post the whole quote Lattice. Distort and short in full force eh? Again from the conference call but without the convenient omissions from Liartice: -------------------------------------------------------------------------------- Martin Landry, GMP Securities - Analyst [72] -------------------------------------------------------------------------------- But if euro weakens or strengthens

[GoldBug024]

GB revenue to pay off GB debt until.pound recovers. Same Q4 conference call Liartice: David Common, JPMorgan - Analyst [38] -------------------------------------------------------------------------------- Great, thank you. Could I ask -- maybe this is a question for John. Just things that you would be thinking about or we're supposed to think about just with all these headlines on Brexit. Then

[Lattice]

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[puma1]

spot on Lettuce to catch the weighting of Euro vs UK income, but you kind of forgot to mention for those people who don't know u r a paid liar that the gross margin is in the 70% range. Shifts in costing u idiot have a fraction of the weight of the sales side hedge. But then again, u love just telling half the story and that way waste everyone's time.

[Lattice]

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[visionaryfool]

I'd disagree with this. The stock was trading at $30.50ish range on the day of the Brexit vote when the pound was trading 1.45 to 1.47 range. If the vote had gone remain, stock would've been trading at $33 to $36 range as the pound would've been north of 1.50 instead of the current 1.30. You've saved some money but 40% is a bit rich. I suspect closer to 15% to 20%. Brexit has and

[Lattice]

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[wallop13]

Without Brexit the stock would be 33 to 36. Visionaryfool is correct. You might as well cover your short while you are ahead Lattice. Why fight seasonality? The short party is over here. No filing will be made here any time soon, so quit that dribble.

[visionaryfool]

I'd love to read some of these reports you have. Care to point me to the authors or better yet share them? A number of longs on the board have freely posted the various analyst reports.

[Lattice]

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[CookieMonster]

Looks like the Pound has bottomed.  Horizon Pharma is up 30% off its bottom.  Cxr due fome some catch up!

[visionaryfool]

For someone who usually writes somewhat coherrently, I gotta say this is hard to understand. I asked for the short reports and not sure what you're saying. I've made it fairly clear that I'm interested in knowledge and understanding the short side. You assume my life is on this board and that I would read every post on here religiously - you're mistaken. If someone had posted

[visionaryfool]

Forgot to mention, for the Pacific Square Research Report, if memory serves right, they alleged that PwC was going to retract or modify their opinon even AFTER the had signed it. So I would've called them liers and cheats because they clearly have no clue on how the audit process works.

[Lumberfeverlong]

Tell us Lettuce, what will cause this company to vet become insolvent when it generates twice as much cash flow than it needs to service its debt. Enlighten us. 

[puma1]

ooops says Lettuce, better stop talking the line on costs vs revenues becasue the logical inconsistency was pegged - so here we go again , the Lettuce response  is to change the subject of the debate when the glaring and remarkably simple distortions of your garbage arguement are pointed out. you are a liar, because you don't even care about the short arguement or position let

[puma1]

hey Lettuce, you have generated pages of waste posts on this huge costing problem with their Euro based input costs. you even made it sound like one of your poison arrow hits to the heart you had such a love affair with the thread see again  below  -  when you look at the most basic  weighting of their input costs and gross margin, they could be producing it all in the

[ana852456]

It is not important if the product was bought in EURO. It depend only were CXR has to pay the liability! If this liability is paid in UK , UK will be not keeping EURO in place. CXR can switch liability in EURO with another in British pound. They have a strong CPA on the board. Im am sure that he is not sleeping! My forecast for EU , after all that In read, is that EU can fall apart. In this

[Lattice]

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