CK-you will probably find that the AGM on the 27/11 will actually instill a lot of confidence into WOW holders.i know that you are a fanatic on tls and so am i,but tls have buckley"s chance of any real growth,but are only good for paying out divs.on a 90% payout ratio.that"s totally different to wow,they are at 68%payout,and at 4.2%FF,with more than a likely chance of massive earnings growth once the supply network gets the upgrade.
as you say the Q1 results were not up to coles same store,but even if they run at 3% for the whole FY(which is very unlikely anyway),at your resistance level of $33,still makes them an absolute bargain.
you must remember that wes had a shocker today,and they own coles which had twice sales same store results as wow.
so what are you saying- essential grocery retail in ausland is in total collapse mode at the moment.
cheers crazypunter
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$34.30 |
Change
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Mkt cap ! $41.90B | |||
| Open | High | Low | Value | Volume |
| $34.25 | $34.43 | $34.09 | $79.23M | 2.311M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5941 | $34.14 |
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| Price($) | Vol. | No. |
|---|---|---|
| $34.31 | 578 | 1 |
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