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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Oakville - show some leadership please provide an update
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Post by rad10 on Sep 03, 2016 7:51am

Oakville - show some leadership please provide an update

Impossible to speak to anyone at head office in Oakville - there is a bunker mentality.  Not a good strategy IMHO.  Yes there have been a series of unfortunate events Brexit, Hillary campaign, FDA renewed interest in Donnatal and generic competition for Nilandron, but these are beyond company control.

Time to show some genuine leadership and issue an update.
Comment by Craigbad on Sep 03, 2016 9:04am
They did issue two updates before their earnings release. If you read them and think another one would help, you are probably beyond help. That is part of the problem, if you read the releases you would think business was great, brexit has very little impact and generics are having no real impact on their business. It was clear to anyone who dug into the numbers things weren't as they were ...more  
Comment by rad10 on Sep 03, 2016 9:11am
Dont you think with the release of the CFO every bit of bad news was thrown into the last quarter?  (OK half a billion is a lot of bad news) I would not be short CXR at this point  (10 bucks and change).
Comment by LaticelnExile on Sep 03, 2016 10:46am
This post has been removed in accordance with Community Policy
Comment by LaticelnExile on Sep 03, 2016 11:12am
This post has been removed in accordance with Community Policy
Comment by rad10 on Sep 03, 2016 1:35pm
Tx lattice-i-e - I will look it up.  I didn't know Brit NHS inventory was in the public domain. The difference between concordia and bobilis was I could see bobilis coming!  The direct to patient marketing and the clearly laser "miracle" cure.  I do a lot of pain management and have had their promotional literature dropped off by desperate patients at the office.   ...more  
Comment by GenericAdvocate on Sep 03, 2016 11:36am
Latice,  Third-party pharmaceutical data base called Medi-Span indicates what generics are up in the cue from the fda.  I'm not sure if you get your information from that site.  When management said the new generics on the scene were "unexpected" I almost spit out my coffee.   Maybe I should suggest that he purchase a subscription to Medi-Span before Q3 ?   ...more  
Comment by Marky1 on Sep 03, 2016 9:19am
Rad...I so agree with you !  Their email address is......info@concordiarx.com        Please everyone write to the company...in the Subject line write.       For Mr. Mark Thompson....then write your letter telling him to get his act together and defend his company...I do every day....Have a nice long weekend y'all!!!
Comment by LaticelnExile on Sep 03, 2016 10:01am
This post has been removed in accordance with Community Policy
Comment by Lemerson on Sep 03, 2016 6:09pm
I email them every other day telling them to get Mark Thompson to resign, too late for this management team to get their act together. All there doing is keeping the share price down. I recommend everyone email them demanding his resignation
Comment by Marky1 on Sep 03, 2016 6:24pm
Emerson...I like you write them every day...People who have been calling...They do answer but you have to keep trying....The operators name is Raphaella...really nice person and she is the one who gets the emails and forwards them to the people who you want them to receive....
Comment by LaticelnExile on Sep 03, 2016 10:52pm
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Comment by Register123 on Sep 03, 2016 3:21pm
With respect, what kind of update do you expect them to give at this point....? I am no fan of CEO Mark Thompson, but they have done about as much as they can do to date from what I can tell: 1)  CXR provided an update on August 3, which reads in part: "We remain highly confident in our business prospects going forward," said Concordia Chairman and CEO Mark Thompson. " ...more  
Comment by Marky1 on Sep 03, 2016 3:40pm
great post register...on monday what ill be askingb mr. t to do....sir..your company has over 50 new products in the pipeline...why dont they give a date, the product and how this product will help the eps....also mr. bordowski is known to be a fan of deleveraging the company that he works for as their cfo...in a market press release you could mention these points....should be boosters for the ...more  
Comment by LaticelnExile on Sep 03, 2016 4:19pm
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Comment by rad10 on Sep 03, 2016 4:44pm
you are too charitable register - On August the 3rd it is business as usually and then less than 10 days later there is a half billion dollar write down; projected revenue is adjusted down by 200 million. This is NOT OK - and the reason every two bob legal firm is salivating.. Longs need tea and sympathy - lets hear about the new product releases etc etc.  They don't even answer the ...more  
Comment by Register123 on Sep 06, 2016 5:01pm
Your comment is a good one and I agree with it. That is why I think the Board has to ask Mark Thompson to resign as Chairman and CEO if no takeout deal is cut this month...... Regarding my previous post: I was simply making the point that there is not much more CXR can say at this point given they are apparently in a blackout period due to their strategic review.......If the company is sold this ...more  
Comment by Marky1 on Sep 06, 2016 5:24pm
I too have been calling every day....They do eventually answer if you keep calling...Adam Peeler ext. is 240 ...leave messages....Don't give up...Too much is at stake...Lots of tears flowing...GLTA
Comment by visionaryfool on Sep 06, 2016 5:43pm
Did you get anything useful out of them?