WOW 0.70% $34.21 woolworths group limited

KKR, page-34

  1. 34,414 Posts.
    lightbulb Created with Sketch. 891
    Why would KKR want an Australian commercial property company that sells a few groceries at inflated prices.

    WOW uses its so called highly expensive groceries as a ruse for paying a dividend heavily levered on commercial property reserve projections. That resembles Tesco's valuations and asset revaluations, most global standards don't allow such "accounting" policies?

    KKR may have run out of other ideas for Private Equity takeovers.

    KKR's intentions in Taking WOW might be true, but there are cash flow businesses in the U.S. that look better for KKR. I doubt KKR will TO WOW.
    Last edited by JCoure: 28/06/15
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
(20min delay)
Last
$34.21
Change
-0.240(0.70%)
Mkt cap ! $41.79B
Open High Low Value Volume
$34.63 $34.68 $34.10 $56.69M 1.657M

Buyers (Bids)

No. Vol. Price($)
2 2212 $34.20
 

Sellers (Offers)

Price($) Vol. No.
$34.22 671 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
WOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.