Good brief analysis on margins, page-5

JC- if a correction occurs then WOW is the most unlikely to be affected.
just like during the GFC, it held up.

the reason is simple- if times are tough, the last thing people skimp on is essentials like food and groceries especially at discount prices.

in fact , all those wombats who buy Organic food and the like will come flooding back to common sense -cheap Woolies products.

ps- i myself "feel" that our market will have a major correction shortly and don't ask me why, but you yourself know that i have a gift for such predictions.

that's why copious amounts of money from instos will flood into the coffers of WOW, as it is perceived to be indestructible.

but pls DYOR and when done-tell me i'm dreamin' , if you are game.

cheers crazypunter