must admit i dont really understand the strong rise over the oast 3mo and have been caught by surprise. it was up over 27.00 recently.
the increased competitive pressures in food retail will surely hurt wow long term and thus the earnings and divi will suffer. this will start to be a problem within 12-18mo once amazon rolls out and if other players enter too.
wow will survive and adjust but earnings will be under pressure after an already prolonged period of price decreases and margin compression combined with disastrous forays into masters etc.
im sorry to say but as a long term growth investor i wouldnt buy this despite the excellent looking chart.
i guess its ok for a retiree or as a small % of a defensive portfolio but i cant see it back over $30 in the next year or in 5 years.
must admit i dont really understand the strong rise over the...
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |
