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23/03/16
21:05
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Originally posted by HSP
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SP reached the highest in 6 years
P/E=19 (API P/E=21)
Recently updated, Sigma is pleased to announce the finalisation of a new long term supply contract with the My Chemist / Chemist Warehouse Group. The new arrangements are effective from 1 January 2016.
surely would help profits for coming years
My Chemist / Chemist Warehouse are the busiest shops as I noticed
API down 2.5%
SIP up 3.5%
switching signal from API to SIP
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Breakout. Note underlying earnings is 5.9 cents PE of 20 is $1.20 approx.
5 percent growth appears to be a low target.
Aspen deal is over there maybe partners other generic. Also BOOTS dying for a strategic partner to launch in australia.
API has a great franchise being priceline. The beauty sector exposure is a great part of the business.