SIP 1.55% $1.31 sigma pharmaceuticals limited

'Pharmaceutical Wholesaling is still the cash cow "One of the...

  1. 438 Posts.
    'Pharmaceutical Wholesaling is still the cash cow "

    One of the reasons my attention turned to Sigma was watching the vans pull up at the discount chemist across the road and the number of boxes from sigma pharmaceuticals that were delivered there.
    Directly opposite them,next to my place of business, is an Amcal chemist,both do a brisk trade,a lot of elderly people in my area.
    I recognize the above is anecdotal,but it did arose my curiosity.
    I am a big believer in bums on seats ,or in this case ,pills in mouth, i.e watching where and what people are buying,so i started research on SIP and after the cash raising in september-october, and seeing share price go below $1,I decided to invest.
    Unless there is the mother of all disasters with this stock ,I am in for the long term,I have a modest amount at present.
    We may see short term pain ,and if that is how i see it ,short term,I may well invest more if the price falls significantly.
 
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Currently unlisted public company.

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