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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > I reiterate...
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Post by sunshine7 on Mar 18, 2016 11:28am

I reiterate...

CXR would not have added 100 sales folks to the previous 75 assigned to US Donnatal product if they were concerned about earnings. This is not the behaviour of a company that is concerned about debt payment risk or meeting guidance. IMO they will meet guidance next Wed and CXR SP will surpass VRX.
Comment by DeathPool on Mar 18, 2016 11:39am
Sunshine7, Most pharma sales reps have commission based compensation packages.  Its like Future Shop increasing their sales force - no sales, no comp and nothing lost.  Sorry, I just don't see adding sales reps as a valid argument that supports an optimistic report.  Just my opinion.
Comment by visionaryfool on Mar 18, 2016 11:55am
Sunshine7 has a point. Yes, sales reps are commision based and they wouldn't join a company where the prospects of selling a drug are low. This is NOT like Futureshop where your commissions are shitty and your market is limited to whoever comes to you. A good sales rep can walk away with six figures easily and increasing them allows you to talk to more doctors. I'm excited for the call ...more  
Comment by DeathPool on Mar 18, 2016 12:22pm
Visionary.   Point taken.  The comparison to Future Shop where I was alluding to when they doubled their sales force months before closing stores was an unfair comparison to make.  But I still maintain my position that an increase in sales force is not a compelling argument that in any way supports that we will meet guidance.  I have been following the cafepharma message board ...more  
Comment by JustforFun7 on Mar 18, 2016 12:11pm
even if they dont meet guidance...as long as they show an ability to pay downdebt and the new business numers dont look too bad, there is a lot of upside to this.  What he says  will have as much as impact as the numbers.  Lots of info needed.  JFF7
Comment by Windsorman on Mar 18, 2016 1:37pm
I agree totally with your premise. Expect CEO to emphasize that the debt is managable and is being reduced each quarter. I expect the revenue numbers to be inline with guidance and positive outlook. I have been buying the last couple days as Valeant effect has desimated CRX shares. Great long term investment IMHO. GLTA
Comment by Health123 on Mar 18, 2016 1:55pm
Is the CEO now doing the CC?   I thought Borkowski was slated to do it.  [ quote=Windsorman]I agree totally with your premise. Expect CEO to emphasize that the debt is managable and is being reduced each quarter. I expect the revenue numbers to be inline with guidance and positive outlook. I have been buying the last couple days as Valeant effect has desimated CRX shares. Great long ...more  
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