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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by greatplayon Aug 29, 2016 10:59am
82 Views
Post# 25186706

RE:RE:RE:Great Value

RE:RE:RE:Great ValueI would like to add that difference in simple words: (all in USD); it leads to bigger share price

4.7 BLN (2 big acquisitions) - 3.26 BLN (current deb) = 1.5 BLN

1.5 BLN - 0.5 BLN (write-off/adjustment this month) = 1 BLN

Value at March 2015 (before acquisitions) - 2 BLN

Current stock value: 450 MLN

2 BLN - 450 MLN = 1.55 BLN + 145 mln on hand = 2 BLN

2 + 1 = 3 BLN

Considering the company won't write off again, stock should be worth 3 BLN
Also it makes assumptions that in March 2015 company was worth 2 BLN

$9 * 7 = $63 / share

I believe it was over valued in March 2015 and it's value should have been around 1 - 1.2 BLN

So it leads to 2 - 2.2 BLN, which is $40 - 50 / share




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