RE:RE:RE:The Great Canadian Corporate Disaster of Our time.....Everything is always worse than it sounds with Concordia. You bought what?
rsmerchi wrote: I bought some. Trades a 0.25 times sales ... or price-to-sales if you like. Trades at 0.5 times adjusted EBITDA. Trades at 0.8 times adjusted earnings. No debt maturies for 5-years. Market value is less than that of the Net Net Assets...Benjamin Graham would say that is a buy. It is either bankrupt or a quadruple. THings are never as bad as they seem. And, things are never as great as they seem. The truth usually lies somewhere in the middle. So, I will wait for a double in the share price.