Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Some thoughts
View:
Post by greatplay on Nov 07, 2016 5:02pm

Some thoughts

Most shorters made a kill today, what I mean, they have been covering around 2.05 all day long...
Why? volume talks... Anybody expected good quarter, not really, but it was a bit worse than I expected... Why? Current CEO, didn't much care (most companies back numbers to a certain degree) and the coming CEO didn't want to be part of it, until he becomes CEO.

One thing I didn't like in Earnings release: one statement: "stakeholders", not shareholders...
They don't care about shareholders at the moment... and it's really easy solve the problem... just do buyback of 5-10 mln shares (company has $470MLN cash) - 4.5 times of company current share value. And stock will be around $6-8 a share at least.

At the present moment shareholders aren't their concern, at least outgoing CEO's view... Now, with new CEO, we will see...  I have 0 doubt that company will prosper, but a question is, will their stock be around? I think, yes; in couple days we will see, where stock price will go...
Comment by CNInvesting on Nov 07, 2016 10:17pm
Thankfully I've been out of this stock for a good while now. By now, after such decline, you'd think that nobody on this board would still spew nonsense about the company's prospects.   1. Why would they ever do a buyback of the shares ? You said it yourself, shareholders don't matter anymore, Any forme of asset left, especially cash, will go to debt holders and maybe a ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities