Yes, newB, the broker recommendations all have a higher one-year target- lowest by the big brokers is 60c:
http://www.fnarena.com/dsp_recommendations.cfm?searchsymbol=sip
roboshan, the Harrison's Group failure sure smacked SIP, but if Sigma's online capex spend can increase penetration, then it can mitigate failures by walk-in pharmacies.
Re the buy-back, it must make SIP attractive to private equity (in my view, PE would make a good suitor for SIP, because PE could distribute to Coles and Woolies), because buy-backs cut market cap. Share price fall + buy back- SIP must be on a few lists to run a ruler over.
Gee, the market is rough on this fella at the moment share price wise.
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