Medipal Holdings Upside to New High with Trend Non Confirmations Maturing

Director, Pearl Hill Advisors

Nicholas Tanner

Director

Pearl Hill Advisors

Equity Bottom-Up

<p>Medipal was formed in 2000 following the merger of 3 drug wholesalers (Kuraya, Sanseido and Tokyo Pharmaceutical). It has since merged with a number of other regional wholesalers. Drug wholesaling now accounts for 68% of sales and the company has branched out to offer not just drug wholesaling services. Its 50.1% held subsidiary Paltac (8283) distributes cosmetic, OTC drugs and daily necessities to retailers across Japan as well as operating warehouse facilities. This accounts for 31% of sales…</p>

Medipal was formed in 2000 following the merger of 3 drug wholesalers (Kuraya, Sanseido and Tokyo Pharmaceutical). It has since merged with a number of other regional wholesalers. Drug wholesaling now accounts for 68% of sales and the company has branched out to offer not just drug wholesaling services. Its 50.1% held subsidiary Paltac (8283) distributes cosmetic, OTC drugs and daily necessities to retailers across Japan as well as operating warehouse facilities. This accounts for 31% of sales…

Medipal (7459) Oversold on Announcement Takeda Will Reduce Stake by 1%. Buy Here