WOW 0.67% $30.20 woolworths group limited

Kaufland, page-17

  1. 2,481 Posts.
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    I'm with you. Everyone has their own tastes with shopping but ALDI has been here a while. It's not exactly a major competition. Their is a place for them but it won't be a major here.

    Amazon is all script value though. It doesn't have any cash, especially after blowing every dime it had on whole foods. It would need to do a large 20bn plus capital raising then take on a large amount of debt to take a stab at Woolies. I don't see it, let alone pulling off such a large raising for a food model that hasn't been proven at all yet.

    Amazon doesn't generate much net cash or profit to service the debt. Not to mention it blows all its spare cash on its expansion model. Alternatively would have to offer WOW holders a script takeover even maybe with an ADR to make it attractive... but honestly who here would want script of Amazon trading at a lofty 250 times earnings and no dividends? No thanks. I'm not into over hyped tech wreck stocks.

    Apple script? Yes please. Amazon, hell no.
 
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