re: Ann: Agreement to Sell Insurance Broking ... ok-i"ve got a big foot in both wow and wes.just because i like the diversification of wes,i am not confident about their next purchase,because the sp is too high at the moment compared to possible risk of a bad purchase,especially if it is overseas.
another thorn in the side is target,which just announced a "homebrand" type label to its shelves,which will tend to compete with its own kmart customers.this will not save the pathetic track record of this store.
also,with their foot well and truly in resources,what happens if the china syndrome eventuates.
that said,coles is an absolute success,bunnings and officeworks keep performing,and they do invest in lots of good aussie staples in the agri business.
after my rant,am i going to sell and with my profit invest more in wow.no way.
thanks for reading
crazypunter
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Ann: Agreement to Sell Insurance Broking and Prem, page-24
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