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WOW! can it hit $20.oo?, page-36

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nickbou

2,214 Posts.

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20/06/18

12:10

Post #: 33823812
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Originally posted by JCoure ↑

With a plastic bag ban, WOW may have just marked its profits and earnings down something significant. I would say one of the major differentiators between WOW, Coles and the discounts such as Aldi was the plastic bags.

I think their profits will decrease markedly and it could cause the WOW earnings to go into a downturn.

Some retailers that tried this in Europe saw their earnings fall 30% such as Sainsbury and Carrefour before a recovery so WOW at $20 is on th cards IMHO but pls DYODD.

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Single use plastic bags are being banned in QLD from 01/07 for ALL supermarkets. This has been the case in S.A. for some time now. Not sure about other states

WOW Price at posting: $29.40 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $32.83		Change 0.240(0.74%)		Mkt cap ! $39.98B

Open	High	Low	Value	Volume
$32.58	$32.84	$32.52	$9.249M	282.7K

Buyers (Bids)

No.	Vol.	Price($)
2	746	$32.83

Sellers (Offers)

Price($)	Vol.	No.
$32.84	3979	16

View Market Depth

No.	Vol.	Price($)
5	962	32.810
11	2595	32.800
4	1952	32.790
12	4045	32.780
9	2646	32.770

Price($)	Vol.	No.
32.820	739	4
32.830	2848	6
32.840	4526	8
32.850	2715	10
32.860	5265	8

Last trade - 11.04am 17/06/2024 (20 minute delay)


Last $32.81			Change 0.240 ( 0.42 %)
Open	High		Low	Volume
$32.57	$32.84		$32.52	41561
Last updated 11.22am 17/06/2024 ?

WOW (ASX) Chart