Concordia Healthcare Corp. T.CXR.R

Donville on BNN this morning

[cashflow98]

just called CXR a double within the next 18 months.

[investorken]

Didn't he also say stock is 0.8BV? They should just buy back stock after making the minimum debt payments until 1.0BV... It'll be better for shareholders longer term.

[123Health]

Investorken, at the CIBC conference he was asked about whether they have considered doing stock buybacks and MT kind of chucked and said they will not be doing stock buybacks. I got the strong feeling in the way MT said it (listen to the audiocast)  that there is absolutely no possibility of buying back stock.... EVER. Was day this week was the Donnville stint from?  I'm having

[sunshine7]

Share buybacks are for companies who have nothing better to do with their cash, reduce buyout incentives, and reward shareholders. CXR has lots of better things to do with their cash... debt repayment to market acceptable levels, small tuck in acquisitions, expand markets for existing and 60 new products. The share price will take care of itself.

[investorken]

Thanks for your input 123Health. Yea I listened to the conference the day it happened. I agree with you. am doubtful MT would do buybacks would ever happen but maybe he said that because the stock would bounce off being below BV to above BV quite quickly. If the stock is below BV longer term he might change his thoughts? Who know. Anyways the link to the video is https://www.bnn.ca/Video

[123Health]

Investorken, thank you for your thought provoking commentary and contributing to meaningful discussion on this board.       Azures .... One thing I am sure of  .....  It is never about the numbers themselves ....  it is the reaction to the numbers that will be always more important.