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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Most on this board
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Post by Gashole1 on Sep 18, 2016 10:44am

Most on this board

Are full of poop. You cannot beleive what anyone says. My $5 target is coming ever closer. At that point someone will bid $15 and take it over. its getting to be a no brainer to buy at these levels. The shares are becoming the smallest part of the purchase for a potential bidder the lower they go. But those of you hoping for a $25 US bid are out to lunch, same people that hoped for a $75 bid a few months back. Its emotional when you hold the shares. Someone will buy this. Wait and see. Those who bought this at $25 plus are gong to lose money.
Comment by patenright11 on Sep 18, 2016 11:12am
This post has been removed in accordance with Community Policy
Comment by patenright11 on Sep 18, 2016 11:17am
This post has been removed in accordance with Community Policy
Comment by Craigbad on Sep 18, 2016 11:18am
A 6.4 ebitda multiple is more than fair for a company with declining sales, unproven track record, multiple lawsuits and regulatory headwinds. By the way , that would only cover the debt, 0 for shareholders. Any other litlle slip would drive the debt to ebitda multiple HIGHER and debtholders would get scraps. Thats why the debt is tanking, its forward looking.
Comment by patenright11 on Sep 18, 2016 11:27am
This post has been removed in accordance with Community Policy
Comment by Marky1 on Sep 18, 2016 3:02pm
I agree with you Gashole! I feel like a company like Blackstone,who made a bid for Concordia in April and then walked away, may have another look at our company and figure" hey, we can now acquire this company ar 1/3 price now plus we get cash and receivables thrown in almost equal to our purchase price".  I'm going to call Schwarzman at Blackstone tomorrow and tell him to wake ...more  
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