WOW 0.67% $30.20 woolworths group limited

WOW Chart, page-18

  1. 164 Posts.
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    many things has been said about the new comer before, it was Aldi, followed by Costco, then Amazon which is supposed th be the most formidable player, yet Woolworth is getting bigger ever. All you have to do is look at Walmart in US how it was a leader to underdog and now resurge to be a major ?tech player (what ?) in US grocery market, with lots of doomdays about it before.

    this is the power of a market leader, with Return on investment fund over 20%, you would find it attractive hence many players want to join in. Wow will definitely be affected to very tiny bit over the coming years but it won’t make it sheds any tear for years to come.

    there is a capital return coming up next month, with 1.7billions to kill before next election and about 1.4 billions share outstanding, so do expect the share price to stay or higher before the announcement.


    Last edited by slingz: 12/03/19
 
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