WOW 0.03% $29.88 woolworths group limited

In at $23.50 - not all convinced we have seen the bottom, but...

  1. 37 Posts.
    In at $23.50 - not all convinced we have seen the bottom, but I'm more than happy to buy parcels if it dips further.

    Perfect opportunity to take a medium-LT position in this ripper. IMO O'Brien sent a very clear msg to the market during the strategy. It put him on a pedestal and allowed him to tell the market what he will do differently to Luscombe. I am impressed by the desire to aggressively seek share in F&L and in home improvement, in particular the latter, where WES have significantly more to lose.

    Would like to see the divestment of DSE. O'Brien seems like a dynamic young CEO I think 2Q2012 results will be interesting given he has had the benefit of a good transition period.
 
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