WOW 0.70% $34.21 woolworths group limited

dividend, page-16

  1. 70 Posts.
    I stand corrected, it was down to sub $25 in Feb 2012. At that time it was getting a bagging in favour of Wesfarmers who were taking a bigger portion of food and beverage share. It was also getting drubbed because of Dick Smiths and its Big W stores. Its been one of my best earners but $24.78 to $36.05 in 13 mths = 45.48% increase. Have we really had price inflation, i don't think so (to my understanding staples are actually decreasing and we all know interest rates are falling), and i believe Coles is still pulling larger increases (lets face it, Coles was a hell of a long way behind. I know there is more money in the market now, but was the share price really that far off the mark. I look also at CSL (30.15 to 66.5, 120.5%) and Caltex ($12.35 to 21.17, 71.1%) over the same period. It worries me, it really does.
 
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