SIP sigma pharmaceuticals limited

major class action group forming, page-2

  1. 36 Posts.
    Read the presentation:

    Unique vertically integrated and diversified business
    model with leading market positions in:
    C Generics C significant market share
    C OTC/Consumer C largest Australian owned OTC portfolio
    C Medical C largest Australian owned supplier of
    prescription pharmaceuticals
    C Manufacturing C largest pharmaceutical manufacturer in
    Australia
    C Wholesale C one of three full line wholesalers, market
    share in excess of 30%
    C Retail Banner C Sigma owns Australias 2 largest retail
    pharmacy banners in Amcal and Guardian, strong brand
    recognition

    Such a large company just worth 46.5c? Even if the company suffer a large impairment loss, it doesn't affect the business (This is once-off loss)

    Also the report said $309m goodwill impairment from merger announcement to scheme date (which is takeover premium)

    I don't think SIP will drop below 43c, if so I will use 500k buy SIP, anyone willing to sold me at this level?

    DYOR
 
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Currently unlisted public company.

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