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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

Bullboard Posts
Comment by BigA!on Sep 17, 2012 10:51am
466 Views
Post# 20375444

RE: goodwill exceeds market cap

RE: goodwill exceeds market cap

Agree on additional paper loss coming. Mgmt addressed on the call that some segments are bleeding and they are considering whether to shoot the losers and focus on winners. If they shoot losers goodwill adjs will come in, as well as additional restructuring costs. Mgmt also highlighted under performance at Blue Water, which is not surprising considering the negative posts on medical review sites and the suspension of the main guy, Sanjeev- https://www.cpso.on.ca/docsearch/details.aspx?view=1&id=%2071599

Anyone have thoughts here? Also, mgmt portrayed the cancelation of Life mark shares as a good thing, but considering the under performance by such a substantial amount one has to question what is going on.

Bullboard Posts