WOW 0.66% $37.80 woolworths group limited

is it going to get re-rated?

  1. 3,567 Posts.
    The WOW business has delivered another great result and the growth prospects have never looked better. With the good market conditions does anyone think this stock will get re-rated to around the $14 mark?

    I read a report saying they're going to save $4bn in costs over the next few years. Thats massive for WOW among all the other projects they are doing. Expansion into more fuel + further growth in house should see 10%+ EPS growth for the next few years.

    The weekly chart looks awesome and suggests we are due for another major run. It might not happen this week but over the next month or so it looks good (plus there is a 20c dividend next week).

    Cheers,
    Munch,
 
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Last
$37.80
Change
-0.250(0.66%)
Mkt cap ! $47.67B
Open High Low Value Volume
$38.00 $38.30 $37.78 $69.11M 1.821M

Buyers (Bids)

No. Vol. Price($)
4 36301 $37.80
 

Sellers (Offers)

Price($) Vol. No.
$37.83 1262 3
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Last trade - 16.10pm 13/11/2019 (20 minute delay) ?
(live)
Last
$37.80
  Change
-0.250 ( 0.62 %)
Open High Low Volume
$38.03 $38.30 $37.79 580050
Last updated 15.59pm 13/11/2019 (live) ?
WOW (ASX) Chart
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