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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > What Concordia Healthcare needs to do "right now"?
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Post by HedgeFunder on Sep 07, 2016 1:43pm

What Concordia Healthcare needs to do "right now"?

1. Go public and say that you're reorganizing your board and looking for a new CEO.
2. State a drafted version of a strategic plan, subject to review by new Board and new CEO.
3. Give traders a timeline - how long will restructuring take?
4. What plans do you have to increase sales and lower debt?
5. Communicate with the public on a weekly basis (and always focus on positive, while acknowledging negative).

This should be enough "for this week." Earnings "trust" takes time. Example is Valeant.
Comment by MirrorWorldMan on Sep 07, 2016 2:10pm
Restructuring (ie layoffs, streamlining & cost cutting) is a possible deliverable from the Strategic Review, given the time frame invested so far. Sales Force may go. The bit about transparent shareholder relations is more of a long term culture change and may come over time.  Immediately, I see selling of assets as well to raise money and pay down debt. Maybe some Licensing of drugs to ...more  
Comment by PROtrading on Sep 07, 2016 2:27pm
Are you for real???  The ship is on fire and you really think this can be solved with layoffs of the crew in the engine room and a new coat of paint somewhere?? Maybe a new flag on the ship huh? It's the FREAKING BRIDGE of this ship that needs to be wiped and have someone credible come in to see if there is anything salvageable before this thing hits the rocks!!!  Pearson got the ...more  
Comment by notwrong on Sep 07, 2016 2:39pm
This post has been removed in accordance with Community Policy
Comment by Lumberfeverlong on Sep 07, 2016 3:17pm
You our know you can't just start selling a generic drug. It too requires FDA approval for bioequivalency, although much faster than a patented drug. Anyway, Cxr should license other companies' patented drugs and market those internationally for a royalty give its large distribution network now. That is a more likely licensing deal for them. 
Comment by PROtrading on Sep 07, 2016 3:22pm
And you do know that one way to end price gouging by drug companies is for government to fast-track approval of generics. The headwinds are so strong here that as has you piss in the wind with your armchair CEO ideas, it's coating you all yellow.
Comment by Equalizer on Sep 07, 2016 4:26pm
You should read an enitre FDA document, there is no such thing as fast track, generics must undergo testing, clinical trials, pages of supporting evidence, chemical composition. All the trials before FDA approval must take years to complete just to protect the public from errors in chemistry and unkown factors  FDA is no joke these guys have shut businesses down due to long processes and ...more  
Comment by Lumberfeverlong on Sep 07, 2016 4:48pm
Nice to have a former short on the long side. I'm sure we will have plenty more soon...
Comment by PROtrading on Sep 07, 2016 6:16pm
Guys, the landscape of generics today will be quite different than the landscape of generics in two year especially on a Clinton win.  Serious investors (not all of us daytraders) look multiyear in advance and plan for the future. This is what I'm talking about https://www.managedhealthcareconnect.com/content/fda-generic-approval-backlog-under-fire-clinton-plan-targets-drug-prices ...more  
Comment by Register123 on Sep 07, 2016 4:06pm
1) Sell the company to a private equity firm or pharma company for a much as you can get per share. 2) If the above deal is not competed by the end of September, the Board should ask CEO Mark Thompson to resign as Chairman and CEO and replace him.....According to Montrusco Bolton, Mr. Thompson has been raking in a very large compensation package for himself, so attracting a high quality CEO ...more  
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