WES 0.74% $70.06 wesfarmers limited

dare one say u are bearish??, page-17

  1. 696 Posts.
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    increases in interest rates will affect retail spending......


    But coal exports will continue to rise as the world ecconomy regains traction

    Bunnings business will thrive as housing prices increase by a further 10% in 2010

    Fertiliser business will experience its expected organic growth

    Office works business will pick up with the comerical property market late 2010



    Alot to like about WES at the momment, trading around a p/e of 15x (market average). I am expecting an earnings upgrade too.


 
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