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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > retail investors have been had
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Post by f_the_bankers on Apr 26, 2016 9:57am

retail investors have been had

this stock is a sham. management can suck it. no one gives a cr@p about their "adjusted earnings" just another fraud.
Comment by visionaryfool on Apr 26, 2016 10:00am
Q1 earnings will be interesting as it should not many 1 time adjustments for adjusted EPS.
Comment by f_the_bankers on Apr 26, 2016 10:02am
cxr lost money last quarter. not many people realize that when the company and banks state "adjusted earnings". how much of their projected earnings for 2017, 2018, and on are "adjusted pie-in-the-sky earnings"?
Comment by sunshine7 on Apr 26, 2016 10:08am
working the other side now fbanker? With 29% of trade value short traded and an equal amount long traded for flipping, there is no shortage of penny flippers who profit (or lose) in either direction on the tails of the real managers - the market making algo guys.
Comment by f_the_bankers on Apr 26, 2016 10:18am
oh, the market making algo guys... yeah, i forgot about that boogeyman.
Comment by visionaryfool on Apr 26, 2016 10:08am
Adjusted earnings have already been addressed in a previous post. CXR is NOT losing money, I suggest you figure out the difference between EPS and cash EPS. If you add back just the amortization of $75M, the company is cash flow positive. Stop making asinine statements as it shows your level of knowledge with regards to accounting.
Comment by f_the_bankers on Apr 26, 2016 10:15am
perhaps i don't know all there is to know about accounting, but what i do know is this company is opportunistically choosing to report the most optimistic numbers. they also had how much in goodwill on their balance sheet? $800,000,000?!  i don't care what financial black magic they're able to come up with to report adjusted profit. USE GAAP!
Comment by Lattice on Apr 26, 2016 10:40am
This post has been removed in accordance with Community Policy
Comment by DeltaVega on Apr 26, 2016 10:02am
Does anyone know what Guidance for Q1 2016 is????
Comment by visionaryfool on Apr 26, 2016 10:50am
According to yahoo finance, CXRX has an estimate of $1.53/share currently for Q1. Lattice, I disagree with you on adjusted EPS vs. GAAP EPS. GAAP EPS is much easier to manipulate than adjusted EPS. I'm OK with the Company using Adjusted EPS if the items in the adjustments are either non-cash or do not reflect expenses going forward. I don't agree with all the adjustments either but ...more  
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