WOW 0.67% $30.20 woolworths group limited

well CP sometimes the underdog is the best , retail is...

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    well CP sometimes the underdog is the best , retail is interesting Aldi is great if you like mediocrity and limited choice, Coles strategy seemed to revolve around price discovery, the marked down lines , deleted lines near use by date items, a lot more appealing than the old Woolie (reduced 14c) but Woolies have changed their strategy. (p.s. I really enjoy bargain buying and rarely by unless its really cheap Coles shoppers could do better than Aldi but a flexible approach is required)

    other retailers like Supercheap Auto have a structure not dissimilar to Coles very aggressive competitive pricing or so it seems to me, Bunnings are good but doesnt seem to have the surprise factor it had before,, I think its possible the declining $Aus is impacting purchasing power as it will the grocery business---- its not loyalty that creates buy Australian its generally "profit"

    well they are my thoughts, for these businesses cash flow is king and margins are related to turnover its all relative with stocks ,like real estate , the best does not mean the best profit margin as a trader.

    so I buy to sell , a traders life.

    WOW is a forever hold stock for me, have been down 25% at times not worried and do not trade it carry it at my cost as I do every stock i retain never for a Tax loss
 
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$30.20
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