RE:RE:Is the earn out not a good thing?
MirrorWorldMan wrote: Yes. It is a good thing. Sales forecasts were correct. Things are progressing well
I can't believe some people here are still in denial. Jacking up prices can only work so long. MirrorWOrldMan, If you mean pricing pressure is progressing well for the shorties then you are right. IMS data volume falls, Concordia raises prices. For this company is was always about taking price because their products are old and being replaced by newer generics. Shorts knew this. If pricing can be pressured it is toast for Concordia because they do no R&D. Their new product launches are just reformulations and repackaging old products and that is why they never give any PR's on them. I knew back in April that North American portfolio would be sinking (when I got out thanks to reuben and other critics) but never did I foresee the games in the UK which are even bolder. They have price gouged some products it is clear, but If they have engaged in anti-competitive conduct such as Latice has suggested (and he/she seems to be connected to the Financial Times as well as why post that this reporter is a stud?) then this could be the final blow to this company and I would exercise caution if you think there will be a rebound. Thompson is the laughing stalk of Bay Street (and probably Wall Street too) and no institutions are going to buy in to junk up their portfolios for the last quarter (or can they as another poster said their debt to EBITDA is way to high).
Previous posts of mine...
RE:RE:uncertainty
DeathPool wrote: Ruben1234 I have been following along your discussion with Izy, Krug and Dorsia Capital and I do get Dorsia's thesis that there may be a little more to why CXR and Valeant are trading in concert. I agree with Dorsia that both rely heavily on "adjusted eps based on the idea that depreciation is not a real expense" but writing them off as "not real" under the idea that Donnatel will be an enduring product I object to, especially if the FDA is in a fasttracking gneerics mood. I am obviously not a forensic accountant but it seems like you have some expertise on this thread that is going on the other board (I can not post to this board as I am not a member). Does anyone own the tail assets here for Donnatel or is Dorsia Capital just blowing smoke?
ruben12345 wrote: I believe pricing is THE discussion to have here. The prices CXR uses may be below average but they aren't the lowest. if the entire industry will be forced to bring proces down by 25%, CXR will be history. This may happen as these concern products that are off patent, had reduced to low price levels, but given limited compettion, were jacked up by a few players. I believe neither camps know the answer. I do believe the uncertainty, read, continuity of VRX and CXR is that uncertain through this issue that the current shareprice makes sesne. Until we know we are equally close to a double from here or another 50% drop
Read more at https://www.stockhouse.com/companies/bullboard#VUFPpYP5JAcWEOGx.99