WOW 0.65% $30.02 woolworths group limited

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  1. 5,760 Posts.
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    MD- Wow has no future even after the Masters cleanup.

    also- Coles has no real future either.

    it"s nothing to do with Aldi or Costco, but rather that Woolies only has one choice to get same store sales up again, and that is to cut margin drastically.

    in other words, we have the "mother" of a price war looming which ironically will be great for the OZ economy just like low petrol prices, but will translate to "blood on the streets" for those unfortunate enough to being content in blissful ignorance and keep 'Holding' on to pipe dreams.

    cheers the guru-crazypunter
 
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