Dona Ferentes
Pengurus pengatur
- Joined
- 11 January 2016
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slowing sales a reality post Covid ... consumption brought forward?? Changing consumer habits?
Coles continued to experience elevated sales as a result of COVID-19 which saw the prior trends of basket consolidation and fewer shopping trips persist during the half, however, transactions were supported in December by international border restrictions which saw more Australians stay at home over the Christmas holiday period.
It does ask the question, whether the Australian market place is big enough for two major food chains?clawed its way up on today's numbers (not as bad as anticipated); still under $16
Yes. (ACCC will ensure at least that)It does ask the question, whether the Australian market place is big enough for two major food chains?
Diversification for me. Tick. More resources by AFI or similar. Tick.I have divested WOW and COL, put the proceeds into AFI. Reason being they pay a better dividend and have more resources to dedicate on who has the best business model.
Held onto my COL since the spin out, but let them go recently. Got $18.02, then they fell last week.11 July to 4 Dec. Long gap so my two cents ....
Could WES look back to take back Col under its wings while courting with WOW?
I think a major investor has dumped Vanguard, (bloody day trader!) I am seeing these notices all over the place at the moment.Vanguard does not think so however. So they are unloading.
I think not. I am guessing they can see a way to improve Priceline et al. COL they may have fixed...dunno just a thought. Their meat is still yucko, but so is Woolies now as well. Coles have a darn nice $5 dark fruit cake but!Could WES look back to take back Col under its wings while courting with WOW?
Nope, dumped WOW on the 17the Nov. I am sure they have been told to F off by a substantial investor.if Vanguard wants to bulk up on WOW well good for them
State Street Corporation 21st September acquired 48,788,952 - 5.05% voting power for MTS. I have noticed a number of State Street purchases. I am thinking someone has dumped Vanguard and moved to State Street. Just a thought!did anyone bulk up on MTS
“The first half of FY22 has been one of the most challenging halves we have experienced in recent memory due to the far-reaching impacts of the COVID Delta strain and its impact on our end-to-end stock flow and operating rhythm,” said Woolworths chief executive Brad Banducci.
“Sales growth in Australian Food is positive on a one-year basis and strong on a two-year basis but moderated in Q2 following the easing of restrictions in NSW and Victoria.
“However, the ongoing material costs of operating in a COVID environment has impacted our expected earnings in the first half. COVID has had a significant impact on costs, even more so than last year due to the combination of both direct COVID-related costs, together with the indirect impacts from disruption caused by COVID.
“This includes the significant disruptions we have seen across the end-to-end supply chain, and the material inefficiency this causes in our stores, distribution centres and transportation.“
Couple of annual reports meaning at least two years . That is a real good long term strategy.i was going to wait for a couple of annual reports to be tabled before i consider putting actual cash into COL shares ( the holding i have was courtesy of the WES spin-off )
as far as i am concerned these are truly unusual times , and am not sure how things will pan out if major shopping malls start to die ( in theory COL should do slightly better if that happens , but i think MTS might be a winner if that trend happened )
i also note WOW-supplier alliances tend to be the 'kiss of the vampire ' for the small guy , which i why i gambled on FIJ recently and their COL placement agreement ( which i hope will be mutually beneficial )
Looking into one year travel of the stock price, it looks like after December sales, there is a trend to go down.
Is that happening today and over last week ?
Supermarkets are seeing shortages of food, particularly fresh fruit and vegetables and meat products, as staff come down with COVID-19 at their warehouses and in stores.
@Dona Ferentes - may be it is time for the local butcher to float an IPOI've been watching COL and WOW go down, pretty much in sync (though MTS hasn't) and have attributed it to the costs associated with Covid. And specifically Omicron.
How Omicron is shutting down huge swathes of Australia's economy
The rapid spread of the Omicron variant is hitting the heart of the economy as an unprecedented shortage of workers throws the supply of goods and services into chaos.www.abc.net.au
The HR juggle with staff shortages, of absent staff, losing significant percentage of workers either isolating from the virus or in isolation due to close contact, is eating in to operations.
And the supply line issues; of producing then processing then getting it to customer. Trucking is badly hit. Processing lines are hit.
Interestingly, the smaller distribution networks aren't as impacted. Less complex logistics. Our local butcher is doing well, as is the corner store (yup, we still have one)
i dumped MTS a fair while back ( mid 2015 and below $1.20 ) before the bought the hardware wreckage from WOW , in hindsight that was obviously a mistake ( but i still make some )I've been watching COL and WOW go down, pretty much in sync (though MTS hasn't) and have attributed it to the costs associated with Covid. And specifically Omicron.
How Omicron is shutting down huge swathes of Australia's economy
The rapid spread of the Omicron variant is hitting the heart of the economy as an unprecedented shortage of workers throws the supply of goods and services into chaos.www.abc.net.au
The HR juggle with staff shortages, of absent staff, losing significant percentage of workers either isolating from the virus or in isolation due to close contact, is eating in to operations.
And the supply line issues; of producing then processing then getting it to customer. Trucking is badly hit. Processing lines are hit.
Interestingly, the smaller distribution networks aren't as impacted. Less complex logistics. Our local butcher is doing well, as is the corner store (yup, we still have one)
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