Concordia Healthcare Corp. T.CXR.R

I think its probably all hype

[BullishBaytix]

I have a feeling its all BS. Just the fact they halted the stock for a few hours just to announce they formed a committe to oversee strategtic opportunities ... but they ommited the fact that this group was actually formed WEEKS ago kind of highlights that nothing is happening. I am thinking they did this more to get rid of or just simply scare the shorts and cause the shares to take a jump. The whole share halt was just much ado about nothing. Seems like some sort of ploy by management to simply stop the bleeding and boost the stock a bit. It worked. They knew all sorts of speculation would start aferwards and create a floor under the stock. 
And when you read here on this board there is all sorts of speculation. People arguing back and forth about a buyout price which is meaningless at this point until something comes down the pipeline, but in my opinion its not going to happen, or very minimal chance anyways. Not trying to burst anyones bubble, but thats just how I see it.

[fdfd12]

What did you do with your shares Baytix?

[BullishBaytix]

I sold 1/2 at 41.90... but will likely drop the rest tomorrow. I have changed my thinking about this, and I think I am better to get out with a profit rather than try and hang on based on speculation. If there is a deal then my loss, but I cannot risk this going back to $30 cdn and sitting on it for months and months waiting for it to come back. There are other opportunities out there. 

[fdfd12]

I agree. But I think you should keep 2,000 shares and wait for the HOME RUN

[BullishBaytix]

You might be right , and keeping 2000 could still net me a ton of cash if this does get bought out. All the best to everyone.

[pineapple1]

This post has been removed in accordance with Community Policy

[StockPicker88]

No way MT wants to sell this. It is an absolute failure and complete distructuction of shareholders value at tis level. MT will never be able to raise a penny again. Crazy how u spend 13x to buy a company a few months ago and now u turn around sell it for 10x. Most sensible thing to do is to milk this cow uself. But stockholders hav no patience

[Roller007]

Stock picker:  have you considered the possibility that one of the 60 or so drugs from amco, one is an upcoming real winner and only a previliged few have access to that info.  Its not important what something is worth, it's what someone is willing to pay for it that matters. Cxr overpaid for amco, blackstone will overpay for Cxr.  There are a lot of factors unknown to the

[puma1]

Cinven's trigger point is their purchase price of $US65 less the market P/E decline of at least 15% plus so they would sell en-bloc for $US 50 to $US 55 easy and consider a home run.

[Lattice]

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[Stockcoach1]

Puma1; you're facts are not quite correct. Cinven's shares were not issued at US $65.00....( that was Goldman share financing). Cinven were given 8.4M CXR shares representing US $.7B (or 700,000,000M) as payment. When you divide that out Cinven cost representing the .7B payment was US $82.45 or CAD $110.00 using the exchange rate at the time of purchase. Below is the excerpt from the

[Pj1958]

Stockcoach.... It's even better than that $700,000,000US devided by 8,400,000 is $83.33US... So cinven will want to at least break even. Puma1; you're facts are not quite correct. Cinven's shares were not issued at US $65.00....( that was Goldman share financing). Cinven were given 8.4M CXR shares representing US $.7B (or 700,000,000M) as payment. When you divide that out Cinven

[Stockcoach1]

[/quote] You're right if you divide by 8.4m shares but it's actually 8.49m shares that Cinven was given. So their cost is US $82.45 after all.

[Pj1958]

Stockcoach.... It's even better than that....$700,000,000USD  devided by 8,400,000 shares = $83.33 USD. Cinven will need at least that much to break even.

[Pj1958]

Sorry for the repeat message... It didn't look like it sent the first time Stockcoach.... It's even better than that....$700,000,000USD  devided by 8,400,000 shares = $83.33 USD. Cinven will need at least that much to break even. [/quote]

[puma1]

stockcoach1 - thanks for the correction. I didn't double check and thought they were rolled out on the same terms as the $US 65 bought deal.

[sunshine7]

cxr has developed an international platform which can be used to expand current markets for existing products and new product acquisitions. New product acquisitions will need additional debt be it preferred shares, further dilution or additional loans if larger than cash flow permits. Market has no appetite for increased debt as we saw and so the best solution is private equity investment. There

[Pj1958]

Pineapple .... That's the smartest thing you said in the past 6 months.... Congrats on your conversion quote=pineapple1]Whether investors feel the AMco deal was prudent and necessary or done erroneouosly and in  haste ( i'm in the latter camp), there is no doubting MT and COs conviction. The purchase was made to lessen their exposure to an increasingly volatile US market place

[Roller007]

Bullishbatix: instead of selling at 41-42 tomorrow, is there a way we can make an arrangement where I will pay you $85000 to buy your 2000 shares at any point after Wednesday irrelevant to where the SP is at.   

[sunshine7]

trading was halted by the index due to abnormal trading volumes. Trading resumed briefly until the company issued a halt to address the leak. They provided minimal information as necessary. McCreath made a call to cxr to discover that the committee was formed over 2 weeks ago. It is not unusual that buyout talks are done in secret. I gave the example of Amica as an undervalued stock that woke up