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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Lumberfeverlongon May 15, 2016 9:20pm
170 Views
Post# 24875511

RE:RE:RE:RE:RE:RE:RE:PREDICTION on SP for this week?

RE:RE:RE:RE:RE:RE:RE:PREDICTION on SP for this week?Hey Subshine, just to clarify further for our meaty friend, NorthernCapital, CXR is only spending approximately 50% of EBITDA to MEET its debt obligations. The rest is free cash that they can use for other purposes, including paying for tuck-in acquisitions as the one they just announced. Exceptionally, this year they have a significant earn out payment to make for the Amco acquisition (I believe about $200 mm), but they will still have cash left over to bring debt down further. This is a cash generating machine.  The shorts seem to have begun to leave the building, unless they changed their aliases such as to NorthernCapital and misspell intentionally to appear innocuous. I'm in for 14,000 shares and I'm not selling until this stock is well over $100 CAD again.  I see that happening within the next 12 months after we have a couple of more solid quarters and once some significant debt repayments have been made. Good luck to all longs and may the shorts go the way of the dark side which they embody in this unfolding story. 
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