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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > NEED TO FIRE ALL EXECUTIVES
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Post by ayowood on Jul 07, 2016 1:49pm

NEED TO FIRE ALL EXECUTIVES

This is the worst management team i have ever seen in my life. IR doesn't respond, no communication. I thought the Wall Street journal said that cxr was still in talks with Apollo! So why haven't we got an update from these clowns?!
Comment by regardless on Jul 07, 2016 1:54pm
i highly doubt that apollo has the money to buy to companys in the same month
Comment by TickerTwit on Jul 07, 2016 2:12pm
Consider yourself extremely fortunate. The worst of corporate management reveals itself by handing all remaining shareholder capital and equity to debtholders. Without warning. .
Comment by Lumberfeverlong on Jul 07, 2016 10:40pm
Hey ticker! why would a company that makes twice as much EBITDA as it needs to pay debt hand over equity to debt holders?  Do you know anything about insolvency laws or restructurings? This company has high leverage, but it is no where near insolvent. It will reduce its debt load from free cash over the next 12 to 18 months and then its debt will be at more normalized levels. At that point ...more  
Comment by Marwood on Jul 08, 2016 12:26am
You should read user postings before you accuse people of being frauds. TickerTwit's posts are honest; he seems like a really decent guy. Don't bash others because of your losses or lack of humour.
Comment by Lattice on Jul 08, 2016 8:52am
This post has been removed in accordance with Community Policy
Comment by TickerTwit on Jul 08, 2016 12:09pm
Thanks for the kind words from both of you. @Lumberfeverlong has been on my 'ignore' list for some time, and I were to guess at the reason, it would be the habit of insulting rather than informing. He/she misunderstood the post in question -- I have seen corporate managers utterly destroy company value and ruin investors (if anyone is curious about examples, message me off-board), and CXR& ...more  
Comment by wallop13 on Jul 07, 2016 2:36pm
It wouldn't make difference. I was in BNK at .60 and people were saying the same sh*t. Next thing I know people are saying $2.00 is not a fair offer.  All they can do is operate the company efficiently and effectively. The buyout is not even within their control and they're not going to give you a blow by blow of any negotiations. Best thing to do is wait for Q2 and calm the F**k down ...more  
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