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Ann: Wesfarmers Update , page-13

  1. 482 Posts.
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    Stabilo,

    Your criticism of the announcement:

    "That statement was very poor: "satisfactory returns" to shareholders over 5 years."

    Indicates you are not fully up to speed with the Wesfarmers philosophy. Suggest you do more research which should reveal that their PRIME objective is to:

    "Our goal is to ensure that Wesfarmers continues to provide investors with satisfactory returns over the long-term"

    Gee! so the announcement actually saying they expect Coles to "continue to gain momentum" and meet our primary reason for being (satisfactory returns over the long-term).


 
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