Australia's largest stock trading and investment forum Australia's #1 stock forum

WOW

Click for more information

0.19%

$31.90 woolworths group limited

I'm guessing Aldi, Costco and Amazon all shut their mouths and...

First 314 Last

Share
Profile

Follow
LukeinSA

217 Posts.

66

17/04/24

14:44

Post #: 73389214
Share

Originally posted by ROEROC: ↑

whatever it is their cost of doing business also gone up (higher wages, IT, rental, electricity, thief, the list is endless) so their net margin has not gone up much to call them profiteering

let say a banana used to cost $1 a kilo and woolies make net 4c profit

let say it now gone to $1.50 they still only make 6c profits, they have not make extra 50c on top to 54c profit, if they do then it profiteering but
the fact is their net margin barely move over years on year telling you they are not profiteering.

it political grand standing, and they just pick some scape goat

where is Aldi? where is Costco and Amazon? Aldi net profit margin is higher than Coles and Woolies
so if you want to know who profiteering it is Aldi out of the lot

Expand

I'm guessing Aldi, Costco and Amazon all shut their mouths and just focused on business ?
Woolworths put themselves up in lights during the Voice vote and then were all over the TV around Australia day (for all the wrong reasons).
Easy Target.

WOW Price at posting: $31.83 Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 17 more messages in this thread...

First 314 Last

Add WOW (ASX) to my watchlist

(20min delay)
Last $31.90		Change 0.060(0.19%)		Mkt cap ! $38.96B

Open	High	Low	Value	Volume
$31.82	$31.90	$31.70	$49.83M	1.564M

Buyers (Bids)

No.	Vol.	Price($)
1	528	$31.86

Sellers (Offers)

Price($)	Vol.	No.
$31.91	1000	1

View Market Depth

No.	Vol.	Price($)
2	355	31.850
1	771	31.810
2	947	31.800
1	748	31.780
1	7238	31.770

Price($)	Vol.	No.
31.910	1000	1
31.920	8997	3
31.940	8738	3
31.950	768	1
31.960	7238	1

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last $31.85			Change 0.060 ( 0.11 %)
Open	High		Low	Volume
$31.81	$31.87		$31.70	199950
Last updated 15.59pm 30/04/2024 ?

WOW (ASX) Chart