Concordia Healthcare Corp. T.CXR.R

If you cut 2016 ebitda to $560 mln......

[CookieMonster]

The interest charges on the debt is roughly $220 mln.  Capex and taxes are minimal.

[Beckysboss]

  The shorts are running a campaign of FUD (fear, uncertainty , doubt) just before earnings because they know this likely their last gasp.  Cohodes probably had the Business Insider article set up to go and decided the market looked vulnerable ,  talk about insiders knowing earnings are going to be bad,  blah, blah, blah,  release the article and get the retail shorters to

[Equalizer]

Im just following big money.... took out a short position at 24 - over 100k share!!! started covering today, still have probably 70% of that left to cover  Took everyone for a ride as retail investor.... was part of NHC held like an idiot leanrt how to short and this is my first culprit.... hopefully we open at 13 tmrw i will be insta rich 

[Craigbad]

I think people are putting too much blame on the shorts and losing sight of whats actually going on in an effort to not admit to themselves they may have made a mistake. Too much scapegoating going on here. With the news today that a major US player is dropping 2 of Concordias drugs on top of recent news that the Nhs also recommended doctors stop prescribing a Concordia drug and Fda uncertainty

[Equalizer]

Agreed.. how can you argue with these numbers  Assets : 5.198 Billion , Liabilities 4.112 Billion  that leaves 1.086 Billion in equity and with 100 mill shares float @ 19 we have 1.9 Billion so even if the company were to liquadate its assets pay back debt investors wouldnt be left with anything right?

[CookieMonster]

Who is talking liquidation????   The existing business generates very good free cash flow.  For the record, there is 52.4 mln. Shares outstanding fully diluted.  You must take out Cinven's stake to get the float.  You sound like Trump!

[Steve911]

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[Equalizer]

sh** sooo assuming no more revenue market value is .969 Billion even though we have 1.08 Billion in equity after liabilites....fu** dont trust anyone... i tthink i should have covered all of it today  

[CookieMonster]

No, the float is less.  Subtract Cinven's shares.

[Steve911]

This post has been removed in accordance with Community Policy

[CookieMonster]

So float is 44 mln. Shares.