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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by themangokidon Oct 19, 2015 8:52pm
238 Views
Post# 24206822

RE:RE:RE:RE:RE:RE:Donville on BNN Today

RE:RE:RE:RE:RE:RE:Donville on BNN Todaythey did discus the debt. it was almost like he laughed it off saying (paraphrased)  "yeah, but its trading at 4.3x earnings". you're not going to get a stock trading at 4.3x earnings with a non-levered balance sheet.  I think Donville even said (regardless of p/e multiples) the cash that cxr generates the debt is not something he is worried about.

I cant remember if he spoke of the above during the first segment of the show where he commented on several stocks and their shares decline, or if he commented on the above during the top picks segment.
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