But they don't own the soul pattinson pharmacies or the...

But they don't own the soul pattinson pharmacies or the priceline pharmacies. Pharmacists own pharmacies and soul pattinson's and priceline are marketing groups who provide management services. (Except for a limited number of possible grandfathered stores)

API does own the non-pharmacy Pricelines which are in direct competition with Target, Kmart. Woolworths, Coles and other pharmacies.

Priceline deals with consumables which would be subject to economic conditions more so than medicines, Cosmetics,Gifts, Perfumes etc (in my opinion)

From the Sigma Annual Financial report announced today

Reported revenue has ...decreased by ..$60,000,000 odd due to Pfizer effects and Gross profit grew by $26,000,000 odd due to market share gains.

Does this mean API also dropped by a similar margin on both factors????

If so it will be a disappointing full year effect and I will be proven wrong. However, there still may be value in the share for those who are holding