Having a semi monopoly enables one to minimise in put costs & manage margins - expect WES has this potential!
Could it improve on this with:
1. Product rationalisation? 2. Product longetivity - specify longer lasting components? 3. Improved durability to push out recycling timeline? 4. Improve environmental footprint e.g. replace foam packaging with cardboard?
Meanwhile expect WES is well placed to benefit from: 1. Baby Boomers excesses & their economic support to their kids by being just behind the Banks as mortgage lenders! 2. Recent high levels of immigration!
These two will likely enable WES to defy any potential negative impact of the decreasing per Capita Wealth that appears to be trending at present!
Suspect WES have plenty of potential improve performance, rationalse product, reduce their environmental footprint to the benefit of a growing customer base while further benefiting Shareholders!
WES Price at posting:
$67.14 Sentiment: Hold Disclosure: Held
(20min delay)