Yes, you are right, Mango5. It is not a 'gospel number' but it does help find the cream from the... Well you know what.
And I still stand by my statement, WOW over WES any day.
Compare their ROA's. One is below 10% and the over is above 20%. (I'll let you guess which ones are what.)
Btw, this does not mean that WOW will outperform WES. There are too many fools playing the market for sanity to prevail. (No offence HC's, that comment is not intended for anyone here - HC's are doing the right thing by trying to learn off each other.)
It is a great little task comparing WES to WOW to determine which one is the better value. I personally think that the only thing WES has on WOW is that it is invested into the resource sector (diversified).
Do you know anything else where WES outshines WOW (besides the grow in today's/yesterday's retail figures!)
:-)
WOW Price at posting:
$24.60 Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)