The KMART group has gone nuts with a huge beat. As it was I went shopping in Kmart on Saturday...prior to this I had visited Beacon Lighting for some bedside lamps and just couldn't stomach paying more than $100 for each lamp. On the recommendation of my wife visted Kmart and found on teen bedside lamps for under $30 each....Says is it all right there - A hope where the consumer perceives excellent value for money.
The Health division is already the third largest contributor of revenue so will be fascinating to see what WES has in store.
I really hope this year that with the massive balance sheet Rob Scott pulls off another large future facing acquisition in a similar vein to Mt Holland....My preference would be in the gas space with fields in the Perth Permian Basin and the companies there under serious M&A it could be the time to flex some WES muscle to power WESCEF into the future.
WES Price at posting:
$48.70 Sentiment: Buy Disclosure: Held
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