Have no fear long term Sigma investors......after next years guild agreement we should see Sip off to the races.....for now $1.40ish is its maximal potential i think whilst it now sits at its very lows [at a pe of 9.5x to 10x in a sector at 13x].....for a company that produces profit of 80 odd million this is quite humourous....indeed i would hate to short it now at these levels as to not loose ones gonadicals..probably the same people who shorted CSL a few months back and got hammered.....The biggest molocules [eg dianne 35 and lipitor] will come off patent in 18m-2yrs representing a massive profit for sip,markets always price in news early ....unfortunately i believe an overseas preditor will strike early and take advantage of sips low price.....why?....just ask yourself how many pharmaceutical companies trade specific to the country they are based in [sip has a small foreign customer base]....Generic Companies like Ranbaxy,Dr Reddys,Milan,Roche,Teva etc etc....all trade on a world wide scale......knowing this Sigma represents a very low cost entry into Australia and produces a massive customer base at the drop of a hat........just hang in there i say....as it tests its lows.....these are my opinions only and should not be used as means to buy or sell sip shares
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