on fundamentals pe at approx. 20.0 is a little higher than average, yield including franking credits a bit under 6%, average analysts recommendations - hold. they are fairly reasonable set of figures for this stock considering the low interest rate environment.
future business outlook- whatever you make of the prospects for - Bunnings with increased competition - Coles food stores - going gangbusters - K mart - discretioary consumer spending, but at the low end. - Target - they have had the managers in their now that did such a great job with the supermakets, should be an improvement on previous I think. consumer discretionary at the low end. - Officeworks - the coal mines - not such a big part of the total.
on the technical - they do look to be sliding down after a couple of highs over the last 3 months
Flemster can you tell me is it just Huntley's recommendation to sell that has triggered your interest to short WES ?
