Concordia Healthcare Corp. T.CXR.R

cxr price is too low , hostile takeover is imminent

[fundtrader]

Trading at less then 1 x pe market is at 7 * pe huge disconnect here. CXR has almost 140 million in cash and almost 200 million in Recievables. Almost a billion $$ in revenue and 550 million in ebidita .Market cap under 400 million $ and almost 30 % of float is short . ( approx 13 million shares need to be covered)

[Ellesse]

Black Stone might come back and will buy the company for $18.00 in cash... No more.... Final deal....

[fundtrader]

u wish....Apollo offer was made when the shares were trading at 24 $ us..I know a lot of things have changed since then but i dont think you could buy a 900 million to 1 billion $ in revenue with 550 million + Ebidita for 800 million $...you are kidding yourself..

[PROtrading]

You know that Blackstone Group is a really odd type of company don't you?  It's a private equity, US Hedge Fund listed on the NYSE stock exchange.  When I have some time, I need to do more digging there. As a student of the street games, I love to see large players "playing". Why earth would they offer any premiums?  Pay extra over trading to inherit all the law

[Register123]

My take: 1) I think shareholders would be open to either a hostile or friendly takeover. It  would likely be worthwhile for a company to try a hostile takeover if MT and the Board are resistant to one as I suspect many major shareholders have had it with managment and the Board. 2) I think it is in MT's best interest to accept a reasonable takeover offer.....He was forced to sell a

[Craigbad]

Just a friendly response 1) legacy pharma drugs command 5 times ebitda....the debt target is 6.4 IF everything goes well. That tells me the shares are essentially worth nothing let alone a premium. I'm unaware of any blockbuster drugs with patent protection in the Cxr portfolio. 2) MT makes $9 million a year. He can ride this out for a few years and probably live comfortably. 3) check the

[argentia77]

The thing is, other than blowing more hot air, there's zero chance Thompson is going to make a material announcement on BNN next Friday, assuimg he even shows up. If there is any important news of a merger, sale, new partner/capital, or whatever, that kind of announcement will be made at the end of day after trading has closed between now and next Thursday. Then he could go on TV and talk

[visionaryfool]

I agree with you here... either its gona be good news.. .or bad news. IMHO, it'd be REALLY stuppid for him to show up and try to defend the Company while continuing to say "strategic review is ongoing". So, I think there WILL be some sort of announcement next week, either good, or bad. Only time will tell.

[Craigbad]

I would have to lean toward the strategic review closing. There is no way they would have deal signed on the dotted line and book a Tv interview 2 weeks in advance. It would have to be disclosed as it would be VERY material and people who sold during the period it sat around could likely sue. They do however have control as to when they can close the strategic review and would likely want to do

[Dasani20]

Except...why would he agree to go on LIVE TV to announce bad news if he is fully aware he is going to get hammered if he does.  Why not have comms release a BS statement?   If there is any bad news then this company is going straight to zero - no damage control will save it. It is for this very reason that I think there may be meh or good news. 

[MoparHellcat]

This post has been removed in accordance with Community Policy

[Craigbad]

Be sure to research the following subjects: donnatal fda approved?  Price gouging loophole exposed debt to ebitda lawsuits generic competition out of patent firing on all cylinders business performing as expected asset write downs overpaid overleveraged legacy pharma cayman islands margin call scripts declining private jet $9 million salary bagholder cocaine

[puma1]

and the Hedge funds that now own more than a quarter of the float would take that in a flash - as they say, Steve Cohen rents stocks for about a qtr and he loaded up a few weeks ago.

[PROtrading]

Steven Cohen's Point72 is no dummy.  He loaded up in April actually and was interested in this but with the recent events and combo of: 1. Misguidance 2. Pre-programmed insider selling by one of the only large insider holding 3. Transfers of shares to a dark company in an unregulated tax haven. Does anyone here with ANY intelligence really think that he would take on Concordia now with

[Lesalpes29]

Pauvre con...pro.. He bought most of his shares August 12th

[Stockslut1]

This post has been removed in accordance with Community Policy

[Dasani20]

I can assure you that those lawsuits will yield to nothing. 

[Craigbad]

So you don't think saying in a press release that the business is performing as expected one week and the next week revising down guidance and writing off $567 million in assets can be proven to be misleading investors in court? Many investors on this board were convinced this meant guidance was on track and suffered huge losses. I think its pretty cut and dry.