Ann: Full Year Results Announcement, page-39

Easy as pie: do not sell retail gasoline outlets, discount to erode WES/ Coles market share and stave off AMZN, Masters should have been sold in an orderly fashion must sooner and when liquidated, should have been outsourced to a company with knowledge of Australian sites and not American sites, Big W should be sold now b4 another Masters.

Wesfarmers is much better at some of these things such as Bunnings (Masters), discount retail (BigW) and getting out of poor business units. The Shell/ Coles Express tie-up appears from the accounts much better handled than the WOW/ CTX and now WOW/BP botched job. Even XOM/ 7Eleven looks far more successful and they are selling it at the bottom. Look at CTX, formerly $28s/ $29s now $32s, $33s, United Petroleum can't be sold for nothing as the cycle is at the bottom but it will be IPO'd or trade sold when market recovers.

No CEO either South African or English or American will do what is outlined and more's the pity for WOW sholders.