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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Possibility for the turnaround catalyst.
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Post by Buriedincxr1 on Sep 19, 2016 4:27pm

Possibility for the turnaround catalyst.

If any reduction in the cinven payment can be negotiated or if by some miracle they can actually pay it out right in October, the share price can double.   This Payment as of now is pretty much the market cap of Concordia.  So so sad.  
The other scenario is just to keep this unprecedented SP slide to zero by Halloween.  Anothe 6% down day.  Never seen a chart blow up like this with no fradulant activity
Comment by patenright11 on Sep 19, 2016 5:12pm
This post has been removed in accordance with Community Policy
Comment by Craigbad on Sep 19, 2016 5:34pm
You should let Rbc know. Lattice was nice enough to post this excert from Rbc's downgrade today. We anticipate that Concordia may draw on its revolver in order to pay a portion of its contingent consideration, but we do not believe management will draw more than 30% of the $200MM. We believe investors could react negatively to a revolver drawdown that approaches the 30% threshold ...more  
Comment by marxath on Sep 19, 2016 7:12pm
Holy smokes! I never thought  there would be anyone bagworthy enough to succeed Sunshine and Roller, but low and behold - enter Patent, Patent, will you follow Titanica into the depths all the while crying foul, or will you wake up and realize that the forces at work here are virtually uncounterable and capable of testing the moxi of even the most ridiculous of crusaders?
Comment by Craigbad on Sep 19, 2016 7:26pm
Lets not forget funnytrader and marky1 (RIP mid $20s down to $9?) with friends ready to gobble up 20 million shares and phone calls to Blackstone to talk the Ceo into buying Costa Concordia. Hopefully there's  a dcb for juniorbull and paten, they seem to be lashing out rather early in their positions. We don't need that kind of negativity on this board.
Comment by fundtrader on Sep 19, 2016 7:58pm
stop dreaming...my average is close to 7$ a share now...unfortunately i couldnt by today cause i was travelling..but tomorrow is another day...looling to buy at 5.00$ us...no one on their right minds would think that this is going to trade here but it did and i am glad to get this so cheap...
Comment by Chemdog on Sep 19, 2016 7:59pm
yea i might throw some more money at this just to piss off LATICE haha
Comment by Lumberfeverlong on Sep 19, 2016 7:53pm
Craigbad aka select 1011 as rechristened I'm sure, you and lattice do nothing out of the goodness of your hearts. You are sociopath swines. The unwarranted free fall in the sp is making everyone covering this cautious thanks to your continuous short and distort campaign. I have already provided this board with a year-end cash balance assuming mid point of guidance and full repayment of cinven ...more  
Comment by Craigbad on Sep 19, 2016 8:23pm
I near fell off my chair Lumber! The fact that you think 2 people posting publicly available information on a bullboard a handfull of people read has made major bank analysts cautious and is causing them to continuously revise down target prices is priceless. When i posted management would have to guide down before last earnings, I probably made MT nervous and caused that too? I believe it was you ...more  
Comment by Lumberfeverlong on Sep 19, 2016 10:51pm
Whatever old man. You wouldn't be spending so much time on this board if you didn't think you could influence the market. [/quote]
Comment by Craigbad on Sep 19, 2016 11:08pm
Do you know why Rbc is predicting they'll draw down on the revolver and you still have them flush with cash? ........I do Spend a little more time on DD and a little less on lashing out, you just might figure it out. [/quote]
Comment by Lumberfeverlong on Sep 20, 2016 7:37am
First, RBC said that they might draw on the revolver and not that they will as you state. There could be a whole host of other reasons to draw on the revolver, including as part of an overall deal to take out the higher interest notes.  If you have more intell, then share it with the board rather than just spreading innuendo. [/quote]
Comment by Speakinthetruth on Sep 19, 2016 5:16pm
No fraudulent activity. That's a good one. 
Comment by Buriedincxr1 on Sep 19, 2016 6:45pm
I really don't see any other possible short term catalyst here.  Buyouts and financing at the current share price are totally out of the question.    The irony is that this very scenario reversed will put further downward pressure on the SP and force the revolver loan to be used at which point it's game over for real.  There is also the possibility that the revolver ...more  
Comment by juniorbullalive on Sep 19, 2016 6:47pm
This post has been removed in accordance with Community Policy
Comment by Buriedincxr1 on Sep 19, 2016 6:49pm
The markets don't care about short term.  They price in their long term view 
Comment by Register123 on Sep 20, 2016 8:46am
The best turnaround catalyst in my view would be the submission of Mark Thompson's resignation ...........I think you would see a jump in the share price almost immediately, with perhaps another boost if a replacement CEO with a good reputation is found and he/she outlines a solid plan to bail this company out of their predicaments......
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