Ann: AXX: Sigma, Chemist Warehouse merger raises comp.concerns, page-23

lol yeh CWH franchises do nothing lol I wonder what Priceline and Terry white do

the fact that :

1. 70 percent of pharmacy lines are sold in woollies and Cole’s
2. Sigma/CWG franchises account for 16 percent of the market

Pharmacies are not owned by these distributors they supply to them. To say franchisee are unhappy with terms of a franchisor means there is 84 percent of other pharmacies that have other franchisers and they can go join them

To say that Sigma/CWG will increase prices when the other 84 percent of pharmacies can offer cheaper prices and in turn are hurting themselves. Plain stupidity

To say customer health is impacted and reduce services is just plain stupid. The distributors are not going to hold back patient products when there is 84 percent of other pharmacies to take that business from them

The issues are piss poor and the market knows it and this will continue to rally