WOW 0.27% $33.51 woolworths group limited

EPS rose 10c to 173.6c. BUT there were less shares in FY11. Note...

  1. DSD
    15,757 Posts.
    EPS rose 10c to 173.6c. BUT there were less shares in FY11. Note that WOW only pay divs amounting to 70% of earnings versus 90% for WES. It does mean WOW have a hellava lot of cash stockpiled. Hence, we can expect divs to increase in FY12. However, am not convinced the huge expenditure into hardware is a good idea. I mean how many cordless drills does one need?
 
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