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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by WillyWallyon Jul 08, 2016 11:18am
72 Views
Post# 25035282

RE:RE:RE:RE:Buy back or dividend

RE:RE:RE:RE:Buy back or dividendI personally don't care about short term perception. I do care about financial strenght. The company would be stronger with less debt, shorts can manipulate the stock price but not the balance sheet. 

wordless wrote: Their dividend amounts to approx ~$15milUSD per year... Although I don't disagree with you, cutting the dividend now would give shorties more ammo that this is a 'distressed' Company... What they can't afford a messily $15mil dividend anymore? At this point, they should stay the course. No matter how the spin a stop in the dividend, it will likely be viewed as a sign of weakness (at least in the short run).

WillyWally wrote: I'd personally focus all available cash on the debt first. Forget about dividends and share buyback.


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