WOW 0.38% $34.17 woolworths group limited

against the retail tide, page-5

  1. 1,976 Posts.
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    Yeah, I agree with all that has been posted. I was relieved to unload WES last Thurs for high 18's....60c profit might not seem like much to some but it helps pay the bills.

    If WOW are:

    recession proof by nature of their product,
    well-managed,(plus subtly cautious & self-reflective)
    in a minimal debt situation,
    expanding with more stores in difficult times,

    and their major competitor (for obvious debt-related reasons) isn't looking too flash,

    then maybe they will continue to modestly swim against the tide; especially if the doom and gloom continues this week against the Obama-hope factor backdrop.....safety-first is the new catch-cry of 2009. Still a lot of money out their to return to the share-market; I just think some of it might be going the WOW-way.
    \ymime
 
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