Concordia Healthcare Corp. T.CXR.R

Concordia Top Picks from Ryan Modesto

[kawagamajoe]

Concordia is being priced as if it is going out of business (below book value), yet generating strong cash flows and being diversified geographically. Only 40 percent of revenues come from the U.S., where many investors are concerned about politicians making operations difficult for these companies. Debt is a risk, but management is confident in being able to pay it down and no single product makes up more than 10 percent of revenues.

https://www.bnn.ca/News/2016/03/03/Top-Picks-from-Ryan-Modesto-Savaria-Andrew-Peller-and-Concordia-Healthcare.aspx?spMailingID=12733621&spUserID=MTE3ODc3MDA3MDg1S0&spJobID=703095798&spReportId=NzAzMDk1Nzk4S0

[Lumberfeverlong]

It is important to underline also that only 10% of sales is subject to U.S. government reimbursement plans so the U.S. regulatory risk is minimal.  I know a thing or two about companies going out of business.  This is the exact opposite.  CXR is a cash generating machine with great growth potential.  In 12 months, those who haven't stuck around or sold will be kicking