WES 0.44% $70.68 wesfarmers limited

Ann: Agreement to Sell Insurance Broking and Prem, page-20

  1. 9,741 Posts.
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    re: Ann: Agreement to Sell Insurance Broking ... Etherazor,agri business so diversified even i wont try and guess a sector,but to say imo what would make sense is some type of food produce that can be supported thru coles stores while maybe opening up export markets eg china's new free trade zone experiment is opening up some interesting food export opportunities.
    CrazyP,i agree your sentiments re acquisition so we/I can only rely on managements ability and the record is quite good imo,otherwise i agree with baracka's and rameez sentiments,i hold both but more wes.
    ps i'm glad they sold the insurance business and imo banking (bank license) and agri business (i have confidence in management to pick a sensible agri business that fits in with coles and exports)sounds sensible and interesting because of coles customer base,business connections and food produce volumes to support entry to export or expand exports whatever.
 
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