i think even if it does turn around, it will take time to achieve it and for market sentiment to turn.
they are olening less stores and investing in both cost cutting and store refurbs to try ti capture market share, both of which will affect already narrow margins.
i agree wth the aldi / lidi threat being a major systematic headwind that wow will struggle to overcome and that market share is inevitable.
the smaller players like harris farm and iga are also competing for everyday groceries, as are the organic gorcery players like macro, about life, thomas dux, etc.
i bought into wow around 23 a few months back then found better opportunities for growth and dividend elsewhere so got out without a loss of note.
i think at some stage wow will mount a turnaround like qan has already done and like bhp is doing now because it shares a great ceo/ cfo just like qan and bhp do, but i think that the turnaround will be off a sub-$20 sp, so i am staying away until it becomes more of a bargain.
sorry to be negative but i try to post equally on those shares i dont currently own to provide balance to the forum. and i may well be wrong.
- Forums
- ASX - By Stock
- WOW
- Aldi's the 'fresh food store'
Aldi's the 'fresh food store', page-62
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WOW (ASX) to my watchlist
(20min delay)
|
|||||
Last
$30.21 |
Change
-0.110(0.36%) |
Mkt cap ! $43.04B |
Open | High | Low | Value | Volume |
$30.37 | $30.67 | $30.13 | $79.09M | 2.609M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2527 | $30.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.22 | 3000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9896 | 30.470 |
2 | 29098 | 30.460 |
3 | 19546 | 30.450 |
3 | 31437 | 30.430 |
3 | 30990 | 30.420 |
Price($) | Vol. | No. |
---|---|---|
30.480 | 3424 | 2 |
30.510 | 4695 | 1 |
30.540 | 52567 | 3 |
30.560 | 64531 | 5 |
30.570 | 11231 | 2 |
Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
Featured News
WOW (ASX) Chart |