Concordia Healthcare Corp. T.CXR.R

Cashflow (not bad)

[greatplay]

Results aren't good, company lost money, I had a feeling they are making them.

I'm correct, company made money, not a lot. Last Quarter's balance sheet had 145MLN and now 162MLN, only 17MLN, but that tells me that company isn't bleeding cash and it was  a reason why company didn't drawn even $1 from $200MLN.

Shorters were saying company will draw more than 30%, didn't happen even 1%....

Cashflow is the best test to filter numbers, because companies use it to get around current and future income taxes (Donald Trump)... It creates competitive advantage in future to have a loss today, financial games... Unfortunately investors get caught in them.

Yes, I'm aware they still have to pay a earnout, but most likely it will be negotiated as total write-off or 0.50 on a $1, or something like that.

Positive cashflow is the reason why company was able to secure $330 MLN.

North American assets are bleeding, but they are still worth something; on another hand European assets are worth a lot....

[greatplay]

I haven't seen any comments... it's pretty good, means that forum is taken over by shorts... contrarian indicator... and yesterday we had capitulation

[TraderBen]

I have heard from you a few times now that we have had capitulation.  Hmmmmm...    Even if we did get it there needs to be a catalyst to send it upwards and in CXRX's case there isn't  And the Q3 was disastrous.  Loss of $1.47 per share.  Unsecured creditors are likely to cents on the dollar now.  The disclosure and visibility of this company is the worst

[greatplay]

True; it behaves like a garbage, but it has a positive cash-flow each quarter... This quarter it increased 17MLN; not a lot, but for some companies, it's a dream