WOW 0.65% $30.02 woolworths group limited

Have been watching WOW for a while now. While half of my head...

  1. 12 Posts.
    Have been watching WOW for a while now. While half of my head says they are approaching "good value" the other half says "stay away... there are no green shoots to suggest a recovery is around the corner." So I'm sticking with "stay away" for now.

    Third quarter sales are out soon and consensus suggests it will be a negative result.

    Still scratching my head as to why they chose an internal candidate for CEO and not someone from outside to put a broom through the place.

    Haven't looked at a chart for WOW for a while but just had a look at a 2 year one. It's pretty brutal. Share price has almost halved ($40 to $20) in only two years.

    But will keep a close eye on it. At the first sign of a turn around I'll be keen to dive in.
 
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