yeah-the whole problem with WOW is that they are in desperation mode to claw back flagging sales from coles.don't get me wrong,i actually shop at woolies because at the moment they are suicidal,trying to get some sort of momentum going.they have incredible offers ,spend a hundred and get a $10 discount on your next shop,or the one i really like,if you buy smallgoods or seafood,you get $10 off my actual favorite beer-james boags premium at bws which happens to be on sale to new years day.
so why do i think that they are a dog of an investment-they might get the slight increase in sales that the ceo and management want as to guarantee their excessive salaries,but the actual profit bottom line,that is ROE ,is in decline.
that's why i see a lot of real hurt coming for mom and dad investors.they buy in with all the fanfare leading up to the feb15 result,and hey presto,it"s all gone in a blink .
all the best anyway
cheers crazypunter
Getting in., page-57
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$34.17 |
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Mkt cap ! $41.74B | |||
| Open | High | Low | Value | Volume |
| $34.33 | $34.69 | $34.07 | $77.40M | 2.258M |
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|---|---|---|
| 1 | 2923 | $34.17 |
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|---|---|---|
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