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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Cash flow is decreasing Lumber!
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Post by PROtrading on Oct 05, 2016 12:15pm

Cash flow is decreasing Lumber!

Last quarter was just $47M and the company is guiding down for the rest of 2016! So it might have been $200M in the past but it shrunk and will continue to shrink!
 
Why? Because once you jack up the prices to ridiculous levels, the market adapts and finds alternatives.

Lumber are you a TA or Fundamentals based investor here?  Because you really suck at fundamentals and you have shown zero TA competence.
Comment by Lumberfeverlong on Oct 05, 2016 1:45pm
The key component of the short to zero thesis is that this company will run out of money some time soon.  The following shows cash balances at end of 2016 and end of 2017 based on management's revised guidance and assumes no growth despite the pipeline of product launches: End of 2016 Cash Balance: Cash at end of Q2: USD $145M EBITDA for H2: USD $242M 1/2 of Cinven Earn Out: USD $91 ...more  
Comment by PROtrading on Oct 05, 2016 1:50pm
Good effort!  You're already down 17% from your initial estimate for 2016 just a few hours ago, Lumber!  Wow!  It's not $200M it's now $166M?? wow. You're 2017 estimates are based on what?  High or low guidance!?  :-)  LOL And there are DOZENS of good points on the short thesis posts I've seen here and elsewhere. Next?
Comment by Lumberfeverlong on Oct 05, 2016 2:18pm
You are a moron Pro.  You don't even understand the difference between end of year cash balance and excess cash flow.  The $166M at end of 2016 is the cash they will have left at the end of the year and not excess cash flow.  I took mid-point of revised guidance and 2017 excess cash flow based on below will be $224M.  I hope you will be on the wrong side of the trade in a ...more  
Comment by YOLO77 on Oct 05, 2016 5:29pm
This post has been removed in accordance with Community Policy
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