I think you are getting warm BellGuide3124.
The big boys WES and COL will scramble for equivalent position once either enters the healthcare space. Disclosing profit downgrade and operational problems buys a bit of time for the new CEO to outline his blueprint.
SIG will complete their final logistics warehouse next year and I would expect another sale/leaseback deal to recoup all cap ex and put the business back into industry growth mode and a dividend payout mindset.
There will always be challenges in this sector, but looking a couple of years out I really don't see the SP anywhere near the current price. A re-rate is very likely irrespective of M & A activity.
GLTASH
Major Underperformer, page-32
Add SIG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.25 |
Change
0.010(0.81%) |
Mkt cap ! $2.039B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $5.727M | 4.595M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 423716 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 216702 | 13 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.25 |
Change
0.010 ( 0.87 %) |
||||
| Open | High | Low | Volume | ||
| $1.24 | $1.26 | $1.23 | 1001253 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| SIG (ASX) Chart |