I have shopped in both Priceline and CW stores.
Always busy at both type of stores.
Normal pharmacies just can't compete on the range of products and convenience. Pharmacies are protected like doctors hence the guild will keep trying to protect small pharmacies.
Personally wife loves Priceline. Often buying extra stuff you don't intend on buying like at woolies.
I have more on API then SIG. SIG was just a value buy maybe a trap.
SIG is strong in logistics and looking beyond pharmacy. Similar to MTS. Hence its attraction of Allan Gray and co.
I assume SIG will not just be about medicines in the future. Not sure why MTS doesn't take them out given wholesale margins at MTS are half that of SIG.
Or is it a matter of time just waiting for full recovery in MTS. Currently at $2.70s with low debt.
MTS sorts out stabilises groceries and its hardware business performs then they will be looking for acquisition. Wholesale medicine? Part of their fixed retail costs subsidised by CSO.
Think Big.
I have shopped in both Priceline and CW stores. Always busy at...
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Last
$2.89 |
Change
0.110(3.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.92 | $2.76 | $22.11M | 7.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 509791 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 226186 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
