WOW 0.09% $32.98 woolworths group limited

rethinking woolworths, page-73

  1. 9,544 Posts.
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    My support for WOW on HC is self-evident. I was expecting EPS to increase 7-8%. Wegot 5%. But what smashed SP was the subdued forecast of '2-6%'. If we take the middle figure this eans WOW will grow at about 4%. It may not sound a lot but extrapolated over several years big difference between 4 & 8%.

    The worst time to hold a stock is when there is a change of leadership. New CEOs invariably love to water down expectations and reveal skeletons left in the cupboard by their predecessor (happened when Wal King left LEI). I am betting WOW will hit their forecast 2-6% growth close to the upper limit.
 
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