WES 0.14% $71.28 wesfarmers limited

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  1. 57 Posts.
    great article by Stephen Bartholomeusz at the spectator today. Bartho has written:

    http://www.businessspectator.com.au/bs.nsf/Article/Wesfarmers-Coles-Woolworths-retail-pd20091023-X43WT?OpenDocument&src=sph

    definitely a must read.

    he called it 2 months ago with:

    http://www.businessspectator.com.au/bs.nsf/Article/Too-soon-to-hammer-Wesfarmers-pd20090831-VFBX3?OpenDocument

    i'm surprised over the continued skepticism about WES and it's alleged "unwise decision making." Just because they're not traditional retailers, doesn't mean they don't know how to do business. I threw this price jump in the face of my management lecturers today. being typical academics and supposed "authorities" on the subject of managers should stick to their fields of expertise they spewed back the obligatory bilge about "flavour of the day stocks" but i laugh all the way to the bank.

    i'm a long time supporter, great news for the WES devoted.
 
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