too much debt, but we expect levels to fall in 18 monthshttps://www.theglobeandmail.com/globe-investor/investment-ideas/three-top-stock-picks-from-donville-kents-jason-donville/article26875463/
Concordia trades on 4.3x 2016 cash earnings and below our projected end of 2016 BVPS. The company is carrying too much debt, but we expect levels to fall quickly in the coming 18 months.