WLD 2.78% 3.7¢ wellard limited

The Turnaround has Begun, page-40

  1. 3,442 Posts.
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    There's a big ol' squad cheering on this dog.

    No mention by anyone (other than from the one doubter, @cheplan) of several headwinds.

    AUD has risen substantially  the last few months - bad
    Class action almost guaranteed - bad
    Oil price is high - bad
    Qatar loss of 2022 WC - potential black swan, would smack Gulf sheep exports

    There is a huuuuuuuuuge gap to close between WLD's last result and even the hint of profitability, let alone good profits.  If WLD get their act together and macro factors are favourable, swell, you'll probably do fine, but that is a very long way from guaranteed
 
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