WOW 0.23% $30.27 woolworths group limited

Dick Smith telling lit like it is, page-3

  1. 5,577 Posts.
    Lets be honest WOW is looking at the toughest landscape it has seen in decades in regards to competition. I'm not a investor in this area but from a local perspective Aldi is wrecking Woolworths in South Australia, and the only problem for Aldi at the moment is they struggle to find good locations. For example the deep Eastern Suburbs there is no Aldi. Aldi is still expanding at an enormous rate which will definitely hit the profits of WES and WOW eventually, and even worse local producers. I'm not a fan of DS but he is well equipped in this field for a reason.
    Last edited by Askari: 10/11/16
 
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