WES 0.44% $70.68 wesfarmers limited

What are the other options that WES could acquire at a discount...

  1. 1,001 Posts.
    lightbulb Created with Sketch. 658
    What are the other options that WES could acquire at a discount with far greater earnings?

    Some of the companies I've thought would be great add ons include

    Retail:
    JBHIFI , Babcor

    Resources:
    IGO , Ozminerals

    Building:
    Reece

    I know what you're saying but I trust that management in seeking this deal (API) believe that the offer is at a discount and that they have a plan to grow API at a faster rate than the present management who is largely influenced by SOL.

    I like the fact that at a retail level Chemist Warehouse are a dominant number one and with a planned IPO this year circa $5B AUD gives an indication that WES must believe API with the WES touch can get growing towards this size therefore having somewhat of a duopoly in the market.

    To be honest my only alarm bell ringing is why SOL have agreed to sell. Robert Millner likes to hold onto businesses long term and must believe SOL is getting a good deal so you have to ask what is motivating SOL to sell.
 
watchlist Created with Sketch. Add WES (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.