WES 1.34% $71.00 wesfarmers limited

The discussion is over:1) earnings growth will return2) the...

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  1. 869 Posts.
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    The discussion is over:

    1) earnings growth will return
    2) the stock will re-rate as a result of point 1)
    3) mathematically, when a business is not capital intensive and generates such high returns on capital employed, and we have passed peak capex...the FCF starts flying in the door
    4) the stock will also re-rate as a result of point 3) because everyone was super bearish on WES
    5) de-risked from FY23TD trading update
    6) re-rating from humble, rational, and skilled executive team - especially relative to all the dogs on the ASX
    Last edited by 2sigma: 26/08/22
 
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