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SIG - Sigma Healthcare

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So the question begs, has the train bolted or are there still legs in this?

I would have thought Chemist Warehouse would have made a bigger dent in to SIP, unless they have some arrangement that I'm not seeing?
 
JTLP said:
So the question begs, has the train bolted or are there still legs in this?

I would have thought Chemist Warehouse would have made a bigger dent in to SIP, unless they have some arrangement that I'm not seeing?
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Chemist Warehouse still buy drugs from SIP :) in fact chemist warehouse drive a lot of SIP volume
can't see why they SIP cant play in Chemist Warehouse area as well, since the new CEO took over he negotiate pretty good term in favour of SIP

like TLS supplies lines to a lot of ISP and in the broadband market themselves
they can use the pricing knowledge to their advantages.

It takes time but this CEO will make SIP in a decent force to reckon with :)
 
ROE said:
Chemist Warehouse still buy drugs from SIP :) in fact chemist warehouse drive a lot of SIP volume
can't see why they SIP cant play in Chemist Warehouse area as well, since the new CEO took over he negotiate pretty good term in favour of SIP

like TLS supplies lines to a lot of ISP and in the broadband market themselves
they can use the pricing knowledge to their advantages.

It takes time but this CEO will make SIP in a decent force to reckon with :)
Click to expand...

Thank you - I was always of the belief that Chemist Warehouse parallel imported a lot of their goods and delivered them at cut-throat margins. Interesting to see how SIP goes then :)
 
Full year report released today, still not seeing the full benefit of the acquisitions and changes to the company, these will show up next FY for the full year. None the less a satisfactory result, a reinstatement of the divvy as expected and a special divvy to make up for the one we missed.

Steady as she goes, I like the way this company is building slowly but steadily.
 
Well it's been going a lot quicker the past 3 months, with the price having jumped 70% on increased volume.
 
piggybank said:
Congratulations Galumay on the mark up on your original investment. If only it was the case all the time;):D
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Tru dat, mind you a few multi baggers in the portfolio really help, you dont need a lot of them - although more would always be nice!
 
On May 4th, 2017, Sigma Pharmaceuticals Limited changed its ASX code from SIP to SIG.
 
On May 8th, 2017, Sigma Pharmaceuticals Limited changed its name to Sigma Healthcare Limited.
 
Busting up
 

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notting said:
Busting up
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Gone from legal action against its biggest customer to commercial negotiation... not a bad sign. Remember this was the issued that dropped it from $1.20 to sub 80c.

I have a small trading position in the high 80s that is now finally coming good. Hopefully the uptrend continues and the gap gets closed.
 
Very happy I overcame any biases at play and held on when they dropped. I came close to selling as even at sub-80c I was well in profit.
 
Anyone know what Sigma's hospital and ADF distribution business is?

Is it what they say in terms of distributing to Hospitals and the ADF? Or do they set up a pharmacy on a few sites there?

Thanks.
 
Under the radar? Not a lot of announcement forthcoming from the company. Maybe Mr. Hooper has positioned this company nicely. Financial year report should be out this month as it was 23 March last year. Boss was looking for 5% growth in EBIT. Chart looking possible for a renewed trend up. I could be in for 10k worth pending price action. Will see.

Outlook
“We confirm our previous guidance of at least 5% underlying EBIT growth for FY18, even though it will be off a bigger base than initially anticipated,” said Mr Hooper.

Mr Hooper continued, “The year ahead will not be without its challenges as we continue to bear the full cost of our reinvestment plans that will start to incrementally contribute to results, skewed towards the end of FY18 and into FY19. So to still expect deliver on our guidance is pleasing.”
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Thought to post this screen shot before supply comes in to meet. Some larger buy orders in for some speculation or knowing?

Untitled.png
 
As expected supply arrived in numbers. God bless their souls. It is a great morning to sell.
 
Taking some risk here that an EOY report isn't going to be detrimental to the share price. Thursday coming week.
 

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