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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Lumberfeverlongon Nov 08, 2015 12:54pm
111 Views
Post# 24271301

RE:RE:RE:RE:RE:Based on earnings, we should be at $75-$110

RE:RE:RE:RE:RE:Based on earnings, we should be at $75-$110Agreed. 2016 guidance was in USD. Using the mid point of that guidance I calculate an $85 SP in CAD  at 10x PE and $104 CAD using 12x. These are very conservative valuations for a growth stock.  I think a more normalized PE would be in the range of 20x for a growth stock generating so much free cash flow. All that to say, I'm sticking with this stock until it is north of $160 and I see that happening within the next 12 months. Whatever you do, don't sell at these levels.  If anything, accumulate and be patient.  Don't give your future profits to strangers who have a longer term view of the investing world. GLTA
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