Trading Sentiment Buy Hold Sell, page-2

IMHO it is a buy as the Aldi/ COST potential for damage to WOW and Coles is overdone. WES is more concerned with Bunnings UK a.k.a Homebase to mount a price war with WOW in groceries.

But then we have the Banducci decriment: Banducci inherits a Board highly factionalized with decisions continuing to be made in an undercurrent of do anything that O'Brien would not have done. I think the market has decided Banducci is marginally better than O'Brien but has underperformed with a number of highly questionable decisions.

So selling the gas outlets/ petroleum retail stations to BP Plc and not Caltex Australia was an enormous mistake as although WOW got a good price, the amount of unravelling of the Caltex JV, shop-a-dockets, loyalty card program problems and other issues i.e. ACCC connected with the sale will probably hurt WOW Board operating effectively not to mention increasing the factional hatred in this Board.

The Governance, Risk and Compliance complaints are something to watch out for but IMHO it is a Buy as it has been oversold, almost priced for failure IMHO but pls DYOR.