WOW 0.50% $30.35 woolworths group limited

Ann: Update on Operating Model Review-WOW.AX, page-67

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  1. 9,304 Posts.
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    Now is a good time to sell WOW and re examine every 12 months. Aldi is main competitor grabbing market share of business from both Coles and Wow. Closing stores is not the answer unless they use the sites for other subsidiaries otherwise ALDI will grab the sites and eat into more food sales. The main advantage is Coles and Wow is their control over the best sites and Aldi don't need the best sites to make money and if Wow sells the worse sites then that will be a bad move.

    Sell and buy in after sp drops below $20 is my opinion but DYOR.
    Last edited by Gillysrooms: 26/07/16
 
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