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Originally Posted by winner69
Board looks tired and the whole strategy is based on a 2 company duopoly which requires minimal effort. Recommend they replace the fossils with a few leading edge supermarket retailer advisors.
In saying that it looks attractive to enter at these prices for a turn around. Question is how long will that take. I am guessing 6-18 months.
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Originally Posted by macduffy
Still a bit too early for me. Technically-wise, the SP is still going sideways and the RSI is weak. Fundamentally, the company doesn't seem to have turned the Masters hardware business around yet and competitive pressure in the supermarket business intensifies. I'll watch and wait meanwhile.
It hasn't finished its downtrend yet - but when it does, and despite all the current bad press - may well be worth considering. Meanwhile, still watching and waiting!
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Originally Posted by macduffy
It hasn't finished its downtrend yet - but when it does, and despite all the current bad press - may well be worth considering. Meanwhile, still watching and waiting!
Business Spectator had a chart analysis. I love Fibs .... we could be at the turning point, if not suppose $23 is the next step down
Woolworths’ price chart might provide some useful insight into how the market views the issue over coming weeks. This week’s low has stopped at the 78.6 per cent retracement of the 2011-14 rally. This is the last of the major Fibonacci retracement levels. A good way to look at these levels is not so much as support that will stop a market falling but more as potentially significant turning points if the market does happen to stop at them.
For longer-term investors using a weekly chart like the one below, ‘stopping’ means a trend change evidenced by the weekly candles starting to make higher lows and higher highs. If the low around this 78.6 per cent retracement remains intact and subsequent weeks’ candles move
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Lot been written about what's wrong at WOW
Here is one from the SMH
http://www.smh.com.au/business/comme...19-ghsbze.html
Seems strange they keeping the sacked boss on in these times of turmoil. Should have gone somewhere out of the way until he reaches the age of entitlement (like special projects)
Board has to take most of the blame. Not much retail experience and it shows. Again they have known the boss has to go and no succession plan.
WOW needs to give up on Masters. Bite the bullet and write off billions and pay Lowes out. They say maybe $1 billion cash left after liquidating.
Use that to fix the Woolworths supermarkets and get back to basics, even with Aldi, Costco et al around
Soon will be a good time to get in I reckon
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Member
Originally Posted by winner69
Lot been written about what's wrong at WOW
Here is one from the SMH
http://www.smh.com.au/business/comme...19-ghsbze.html
Seems strange they keeping the sacked boss on in these times of turmoil. Should have gone somewhere out of the way until he reaches the age of entitlement (like special projects)
Board has to take most of the blame. Not much retail experience and it shows. Again they have known the boss has to go and no succession plan.
WOW needs to give up on Masters. Bite the bullet and write off billions and pay Lowes out. They say maybe $1 billion cash left after liquidating.
Use that to fix the Woolworths supermarkets and get back to basics, even with Aldi, Costco et al around
Soon will be a good time to get in I reckon
In summary, they're pretty f**ked up atm.
With Aldi going 'Fresh' as well, WOW and Coles agan have to up their game.
Agree soon will be a good time to get in. (well, top up for me)
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Soon..???
3 years; very soon.?
5 years;not so soon.?
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Member
Originally Posted by percy
Soon..???
3 years; very soon.?
5 years;not so soon.?
Soon = 6 months to 5 years
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Markets a forward looking.
So when they quit Masters and a new boss in the hot seat
And when the squiggly line says so
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Then again a Walmart or an Asda could come and tak them out of their misery
Sad for business that still makes billions every year
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