This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

WOW - Woolworths Group

Jump to new
shouldaindex said:
The worry is that companies like Carrefour and Tesco in Europe have been decimated (SP about -60%) from similar competition that is happening here. .
Click to expand...
with margin far far lower than the 6% quoted, but the computation might be different
 
Yes, the one graph I read saw them in the 4-5% range.

So WOW would have to take a 40% haircut on margin to be comparative, that would leave EPS at about 110c, a bit further down than 140c extrapolated from the recent announcement of -30% EBITDA.
 
Keep thinking it would have resumed it's down trend but seems to be showing a bit of strength right hear at this 23.20 level
 
notting said:
Keep thinking it would have resumed it's down trend but seems to be showing a bit of strength right hear at this 23.20 level
Click to expand...

If you are right about the strength then in my opinion presently a move up towards $25.50 - $26.00 is possible short term but still in a down trend at the moment.

I would need to see the stock clear $27 before I would look at saying the down move is complete just my opinion though.
 
Keep in mind fundamental information.

1H Profit Guidance is -28 to -35%.

Projecting this to full year EPS would be around about 1.30 - 1.40 EPS.

Judge your fair value from there.
 
shouldaindex said:
Keep in mind fundamental information.

1H Profit Guidance is -28 to -35%.

Projecting this to full year EPS would be around about 1.30 - 1.40 EPS.

Judge your fair value from there.
Click to expand...

Not so useful when the price action indicates something is be brewing under the surface for no public reason what so ever as announced today -


In such a case that so called fundamental information vs price action is saying something very different.
 
Yeah but not much uncanny strength action before the KKR 'rumors' this had odd stength to me prior to today's news rumors which made it compelling.
 
Rumours is about right.. its all Second Hand News. In my Dreams KKR or someone will take over. I'll Never Go Back Again to buy more than the small amount I have, still i Don't Stop reading reports about it.

Things won't improve until some of the management are told "Go Your Own Way". I don't want to see the Songbird on those stupid cheep cheap coles ads, most of tee problems seem to be with The Chain of command. We keep being told how we'll love products at Coles, why arent people saying to Woolworths You Make Loving Fun?

Anyway I Don't Want To Know too much til theres some solid news, but Oh Daddy a takeover would be sweet. I was in Big W the other day, and the price of potash was about $5 more than what i could get at bunnings, so i asked what was in it, Gold Dust Woman?
 
It was a very short term opportunity. whether or not the the thing plays out is not relevant. The insiders could have found out through various means that there was interest. But you don't know the depth of the knowledge the insiders had. They may have been hoping for a full tilt. If it is only for Big W then that ain't helping anything.
But why would anyone want to buy that?
It would be hard to see WOW in the hands of foreigners too, FIRB risk.
 
Position taken here.

notting said:
Keep thinking it would have resumed it's down trend but seems to be showing a bit of strength right hear at this 23.20 level
Click to expand...

Out on the news. An educated gamble like any position.
 
Wouldn't want to be holding through any earnings announcements.

But if you're backing in a Big W or Masters sale, AGM is on Thursday.
 
Well what a great state of affairs, it looks as though Woolies has fallen into the same hole, Coles did pre Westfarmers takeover.

https://au.news.yahoo.com/thewest/business/national/a/30202897/woolies-chair-reassures-shareholders/

The part ,that made my eyes roll back in my head is copied below.


Gordon Cairns admitted Woolworths' food and grocery prices were two to three per cent dearer than Coles.

But after pouring $300 million so far into lowering prices, Woolworths is just as cheap as its main rival, he told shareholders at the company's annual general meeting in Sydney on Thursday.

But he also repeated warnings that this ongoing investment in lowering prices will hurt the company's profit margins.

Mr Cairns, who has been a Woolworths supplier since 1987 and appointed the company's chairman in August, said he has seen its good days and not so good days.


Why the hell you would would have a supplier appointed chairman, or in any position of influence, is crazy.
 
Sounds like they're sticking with Big W, probably because earnings are down 50% from recent years and see chance to fatten it up before a sale.

They still want to be the no.2 in home improvement but don't want to keep losing 200m, so sounds like reducing Masters ownership and possibly expanding their other brands.

Supermarket margins down 30% we'll see what rebasement level leads to revenue growth, hard to say this early.
 
sptrawler said:
There should be some law about conflict of interest, with regard company management, same as politicians.
Click to expand...
Mate, there are laws for conflict of interest and director's duties etc. What do you think the 'Duties and Powers' (Chapter 2D.1) of the Corporations Act is all about?
 
You must log in or register to reply here.

Similar threads

OZXX - Global X Australia ex Financials & Resources ETF
Replies
1
Views
1K
divs4ever
Electricity investments
Replies
8
Views
579
Smurf1976
  • Article
Resources for Systematic/Algorithmic Trading
Replies
12
Views
2K
Richard Dale
What are the two main types of market analysis and how can we combine them?
2
Replies
31
Views
4K
tech/a
February 2025
2 3
Replies
59
Views
5K
ducati916
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...