I agree that UBS' opinion, a bailed-out Swiss bank turned asset manager should continue to be widely discredited. They probably just want to short WOW and WES.
I would go with the facts and WOW's disclosures/ WES (Coles)'s disclosures compared to Aldi's non-disclosures. Aldi do not pay tax in Australia and might end up like 7Eleven. Have Fair Work audited their wages and salaries payments?
A Swiss bank from a Swiss banking system known for non-disclosure might be a reputable source for making opinions from disreputable organisations known for non-disclosure but they got themselves, UBS wrong during 2009-2010.
I think UBS is a roundly discredited source of opinions.
Any Reason For The Drop ?, page-63
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