COL 0.88% $18.34 coles group limited.

News: COL UPDATE 1-Australia's Coles posts flat half-year earnings hurt by underpayment costs, page-26

  1. 57 Posts.
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    that’s very unlikely to happen with ALDI growing and with the possibility of being as big as a COL and WOW in the next 10 years making it more competitive! Corona virus will fuel more people to eat at home and keep people away from populated areas like restaurants and fast food courts so I expect the average shop at Coles and Woolworths to increase and they will see an uptake in delivery orders! I’m guessing you missed out on the opportunity to purchase shares when they dropped to around c, $14. But the market caught on pretty quick that Coles was one of the picks on the market that won’t be heavily affected by the virus. I still believe Coles is still a buy at current prices and long term the company is looking very attractive and has some great cost cutting strategies to further increase profits.
 
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