Post by
ryehigh2014 on Oct 31, 2016 10:09pm
Still on sidelines
Still on sidelines until Q3 (although im aching to jump in). Can't wait to see how close/far my model was.
The market will either be blind sided or is telling you something. Can't take a position without knowing financial position.
What we do know:
- New CEO will be announced in Q3 (if not forget about it)
- GBPUSD depreciated by .10 since Q2
- Provisions for CMA?
Condition of sales in Q3 and what portion derived from AmCo.
Comment by
Juice004 on Oct 31, 2016 11:41pm
We also know that they reiterated guidance early in September and that the full payment to Cinven will be met by Feb 2017
Comment by
lnvestor198 on Oct 31, 2016 11:51pm
Juicey, They didn't reiterate guidance in a september pr - In fact they gave a profit warning
Comment by
MustardTiger88 on Oct 31, 2016 11:56pm
Yeah I remember reading one of their recent communications and there were definitely hints of a troubled Q3. These idiots destroyed their own company so fast it's mind boggling. Disclosure: I'm long and seriously regret ever letting this garbage touch my portfolio.
Comment by
Juice004 on Nov 01, 2016 12:12am
Really? Did you miss this on Sep 16th? I don't make stuff up Concordia International Comments on Health Service Medical Supplies (Costs) Bill https://finance.yahoo.com/news/concordia-international-comments-health-medical-140100049.html