Concordia Healthcare Corp. T.CXR.R

No impact on CXR

[Stockcoach1]

No Impact

Brexit has no impact on Concordia’s prospects as its product sales will continue as usual, Chief Executive Officer Mark Thompson said in an e-mail. Revenue in British pounds can be used to pay British debt, he said.

[Kays123]

Thank you for is post Stockcoach. I wish the company and MT did more to update retail investors like me on impacts of such events as Brexit, and the strategic review of options comedy. Kay

[Cowtownskier]

UK debt is 25% of their total debt UK revenues are 60%. Math doesnt work = broken 

[donaldspice]

AMCO revenues are 60%. Of that 60% British business make up 1/3.

[donaldspice]

From which source did this come from?

[Stockcoach1]

Bloomberg - posted about 3 hours ago. 

[Roller007]

Guys, MT can say anything he wants, even if it's obviously incorrect.  Why you ask and how can he do so.    The answer is because we will never Find out the real effect of Brexit on Cxr nor will we prove the fact that he just emailed an incorrect statement because we will not see Q2 results nor will anyone else.  Can you figure out how that's possible? 

[cavinsin]

Roller007 I kind of agree with you, however, some time things don't go in the right direction, 90 percent of what happened to CXR stock price , was completely out of management control, Hillary, VRX, Brexit, shorts etc. Talking about being in wrong place at wrong time. I hope you are correct and trust your information is accurate, will see any day now. Thanks for very aggressive fight against

[Roller007]

Canvinish: exactly because the derailing of the SP was not due management is why I think they have to pull the cord on Cxr.  I fight on here inspite of being underwater by millions on Cxr because I only see lots of blood and fear especially today, the end is near.  

[sunshine7]

I concur. CXR should not be on the market at this time. It will thrive under PE. Sooner the better.

[yycish1027]

Couple situations here. 1. He cannot say anything negative because that would destroy the sp. 2. He knew he was on record now and it later on the fact turns out differently, he would loss all his credibility. 3. Just like RBC reports says, the bo price would probably set after brexit.

[SoFullofShitt]

This post has been removed in accordance with Community Policy

[Pj1958]

Shitty.... A member for 2 weeks ..... 3 posts and 2 ignores.... Doesn't that tell you something .... How can you have 2 ignores with 3 posts..... What a loser.

[Fiery707]

There's impact. Revenue in British pounds (GBP) get translated into USD for financial reporting. Seeing how GBP/USD exchange rate plunged and will likely stay low in the short term, revenue will be negatively impacted by GBP depreciation. It has nothing to do with GBP debt.

[adamchess]

Actually, MT is correct, seing as any GBP cash flow will be used to pay off GBP debt in the foreseeable future. Performance bonus payments due to Cinven in 2016/17 are presumably also in GBP. There will also be an accounting translation gain for the GBP debt. So the net effect on operations is unchanged except for the esthetics of GBP revenues and cash flows translated into US funds for FS. 

[Hateshorts]

there is impact. Can you send me the email in private