my apologies -Coles combined with liquor earns 49%.
and petrol earns 10%.
i must admit i made a mistake- General merchandise(Kmart, Officeworks and Target) is the culprit at 16% , but nonetheless, Bunnings is only still 18% (home improvement.)
basically , it just means that the WES management have no cure to stop terminal bleeding from their biggest investment-Coles.
you also must remember that Bunnings are way over the limit of saturation for an OZ entity ,that is why they are pussy footing around buying up new sites since Masters.
ps- Amazon is a massive threat-Home Depot in the US at recent results has tanked 3.5%.
so what should holders do to avert stress and loss of capital?
well, believe it or not, there are Crazier people than me here on the forum, so steer well clear of them , as all you have to do is dodge 99% of stray bullets and you might end up making a buck.
cheers crazypunter
WES Price at posting:
$40.48 Sentiment: None Disclosure: Not Held
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