Post by
fdfd12 on Apr 30, 2016 7:44am
There will NOT BE A BUYOUT
I have said this since they one.
CXR is worth $100US on EPS value $6.50 * 15
and worth at least 10X EV/EBITDA which is $61.50US.
With the stock trading at $24US before all this talk last week, no
company will offer even $60US.
They will offer MAX $45US which is almost a double from the $24.
CXR will never accept $45US and NO DEAL will be done.
The market knows that and the shorts are busy.
Comment by
Roller007 on Apr 30, 2016 8:08am
Fdfd: agree and hats why the takeout will happen when it's trading closer to 50 cad. This level can be easily reached with a few strategic news releases. Soon the longs will be in charge here, the Trojan horse has been planted and the short are too busy drinking and celebrating. The stock market seems to always work things out correctly with time.
Comment by
DeltaVega on Apr 30, 2016 8:17am
So sense or sign of a BO. Stock will move with VRX and rest of pharma. 2 weeks is ER. We will be manipulated back to SP of $30. If we blow out Q1 Guidance, we will move up 10-15%. If we dont meet it, we will move down by same %. A debt re-payment will give us 5%. Im not very optimistic anymore.
Comment by
Hostilemakeover on Apr 30, 2016 9:02am
CXR will never get a chance to take a $45US offer because nobody will offer that much. Sadly, we will watch the SP hover around the $30CAN for a long time. This turd is so intertwined with VRX, our focus should be on minimizing losses with this turd, for those of us that are in at a SP north of $45US.
Comment by
SkyeCairns on Apr 30, 2016 9:08am
There's too much info coming out of the company not to be a buy out. Its just the price they will get will displease most shareholders. I'd say 50% premium on the selling price when news broke (50% on CAD 30) would be a gift.
Comment by
pineapple1 on Apr 30, 2016 11:02am
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Comment by
cavinsin on Apr 30, 2016 11:23am
Pineapple, fdfd12, MT is not desperate, things are moving in right direction, strategically, as planed, in my opinion, and price buyout will be little higher then what both of you forecasting, Listen to the tunes, and read between lines. Great rewards for the longs ahead.
Comment by
Lattice on Apr 30, 2016 1:28pm
This post has been removed in accordance with Community Policy