look, this is not rocket science.
Coles lost 4% same store sales this result. Aldi is just treading water regardless of the best intentions of diatribe from our German sympathiser-ggtrain.
basically it means that Woolies will be in the range of 3 to 4% same store sales.
OK you then may say, you then have price discounting and food deflation to consider.
not at all- Coles were discounting to match Woolies certainly up to the reporting period-31/12/16.
food deflation was only 0.9% anyway.
ps- it means that WOW will leap 10% to 15% on the day of results and keep going up with broker upgrades.
this is a money for jam scenario playing out on a colossal scale, as analysts are too stupid to see past their noses, let alone the forest for the trees.
cheers crazypunter
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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. |
---|---|---|
$29.93 | 145 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9896 | 30.470 |
2 | 29098 | 30.460 |
3 | 19546 | 30.450 |
3 | 31437 | 30.430 |
3 | 30990 | 30.420 |
Price($) | Vol. | No. |
---|---|---|
30.480 | 3424 | 2 |
30.510 | 4695 | 1 |
30.540 | 52567 | 3 |
30.560 | 64531 | 5 |
30.570 | 11231 | 2 |
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WOW (ASX) Chart |