WOW 0.65% $30.02 woolworths group limited

Woolworths Turnaround?, page-20

  1. 839 Posts.
    Short answer Crazy . No . I don't believe the current management team has the for-sight to turn this around in the short to mid term. Time is the enemy for WOW right now .

    Monkeys can make sound decisions when business is good and the market is heading north . It's a totally different kettle of fish when your on the nose with shareholders and internal staff . I'm of the belief that the current management team have never experienced tough times in their tenior at WOW . Their decisions tend to be cultural rather than practical .

    I expect that the SP will continue to slide for a while yet . Happy to be proven wrong but I don't believe we've seen the bottom yet.
 
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