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Not many people appear to follow this company. At least not on HC. But if you look at daily share volume it attracts quite a bit of attention. And the trend is good.

I first noticed this stock when it was announced that one of Wesfarmer senior execs was leaving to take over Emeco. Well methinks, you can bet your bottom dollar on Wesfarmers management. It exudes a culture of corporate excellence and every senior exec is probably very capable of running almost any company. so I started accumalating for our SMSF.

Despite the good run up, I expect to see another 50% by the end of the calender year, and possibly start of a dividend program. The new CEO has cleaned house of old habits and practices, sold off non-core operations, and will now profit drive the company through efficiency improvements and cost cutting.

The Wesfarmers way. I rate it a buy now and a long term buy.