WOW 0.53% $29.80 woolworths group limited

Bunnings loss will be Masters gain, page-3

  1. 257 Posts.
    Masters will take a large piece of cake from hardware market in a decent way soon or later as it has nothing to lose except keep growing.
    Regarding food and drink area,I do not even give a damn to other small competitors like aldi,Costco.
    Put it simple,we have 4 big banks in the market ,the other small finance companies do not have chances to challenge them. Among those big 4,although CBA is the largest,the other 3 are still making good progress on profits. To me WOW is in better situation compare to them as it has dominant almost half the market. It is a monster which can squeeze profits from other competitors easily.As long as it does not make stupid mistakes,that is why we call it 'mum&dad'stock because it's high stability.
    Again this is not a stock suitable of day traders,we will be rewarded by our patience.
 
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