Forum Archive Index - October 2003

["Morgy 40" <morgy40@hotmail.com>]

Winner69

I caught  something on CNBC today that said there same store sales were the same but they had less stores, the story was they were tryiing to hide the bad news soemwhere in the accounts, shock me !!!, same thieves different side of the tasman.

Regards

 

Morgy

>From: "winner69 ."

>Reply-To: sharechat@sharechat.co.nz

>To: sharechat@sharechat.co.nz

>Subject: [sharechat] WOW.ASX

>Date: Thu, 02 Oct 2003 07:59:18 +0000

>

>Woolworths in Aust reaffirms earnings guidance for the year but CEO

>mentions that the Australia retail scene is a bit volatile and the

>share price takes a hammering

>

>Now down to $11.40 which is 12% off the highs of a few months ago

>

>Now at a respectable p/e of 16 odd - not much a premium to the

>market when earnings are growing consistently at double digit rates

>

>Share in a definite downtrend at the moment but one worth while

>keeping an eye on for a buying opportunity when the price starts

>picking up

>

>Snoopy has done some good work on WOW on the message board - have a

>look

>

>_________________________________________________________________

>Hot chart ringtones and polyphonics. Go to

>http://ninemsn.com.au/mobilemania/default.asp

>

>

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