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$29.89 woolworths group limited

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10/03/19

10:31

Post #: 37711429
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Originally posted by CaptainBarnacles: ↑

The dist centre seems to be of a sm size that could support 140 Aldi supermarkets, but the cost of the centre seems much higher than an equivalent Aldi DC. Does anybody know what Sq meterage of sales area, or how many stores could be serviced by the new DC. The article says there are 12 stores underway.

I saw that Romania has a DC half the size, and that Romanian sales were about E 2 bill in 2017, so such a DC might be able to handle over $7b AUD of sales, assuming success at a very rough stab?

I'm also surprised that Kaufland are not leasing more. $459m being spent on the DC. And they are buying sites rather than arranging leases. They seem very confident, but from what I can see - this is their first time outside Europe with Kaufland stores (unlike LIDL - which has been in the USA).

They sound like a cross between Big W / Kmart / Target and Safeway / Coles to me. They apparently have a focus on fresh food as part of that. Will be interesting to see if they inject further price competition into the Aussie market. I hope so.

The market doesn't seem fussed about the latest update to me all the same.

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are you short on this?

WOW Price at posting: $30.25 Sentiment: None Disclosure: Not Held
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(20min delay)
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

Last trade - 16.10pm 22/11/2024 (20 minute delay)

WOW (ASX) Chart