deutsche upgrades sip to buy, page-4

I think that it is very hopeful that Sigma will win the tender with pharmacy alliance, given that API played the wrong card when it was announced and they had the box seat.

I find it is interesting that Sigma can allude to such a large upside on the possiblility of winning the tender, yet API who chose to cease trading with members of the pharmacy alliance in a take it or leave it approach can make no mention of it despite their share price dropping significantly in the same period SIP has soared.

Maybe there is something I am missing, but I do regret not buying more SIP when I had the chance 3 days ago.

If Sigma is successful in winning the tender, it should be roughly equivelant to reversing the effect of the loss of Pfizer business in my opinion.