OMN 1.74% 87.5¢ onemarket limited

Concept stock orphan, page-90

  1. 12,929 Posts.
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    Unsurprised by the OMN gains, again massively oversold IMHO, have no idea why OMN's SP went below $1.30, IMHO it is still worth double.

    The NPAs are only just starting and it only takes one retailer per FMCG sector for traction in signing more NPAs across that FMCG sub-sector. Fashion is another possibility and electricals.

    Walmart, Safeways, Ahold, Costco, Walgreens, Metro, Tesco, Sainsburys, Migros, Carrefour, Kroger are all attempting to gain traction in using retail technology but in faction fights and M&A on top of them along with competing interests of the commercial property gangs across the stores, there is no ability of them to actually gain competitive advantage in retail technology.

    Only Sainsburys in England seems to have done well of late taking over Asda and genuinely showing abilities to gain traction in the grocery sector.

    WES and WOW are clearly just up in SP due to getting rid of Bunnings UK and Masters. Now they are suffering due to the plastic bag ban.
 
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Currently unlisted public company.

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