it's nothing to do with margin, but rather increase in comparable same store sales.
as per last result, even though Woolies took a hammering on net profit, they turned sales around.
OK-so what does this mean?
Coles reports on AUG 17 and Wollies on the 23rd.
if Coles comparable same store sales even declines by just 0.5%, mortgage your house and put it on WOW.
it basically means Woolies is on an unstoppable roll.
ps- it could mean $30 SP regardless of divvy. all WOW management has to do is keep divvy at 3% FF which will not impact EPS anyway.
cheers crazypunter
it's nothing to do with margin, but rather increase in...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$29.89 |
Change
0.010(0.03%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.11 | $30.19 | $29.79 | $71.33M | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 585 | $29.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.93 | 145 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |
