jazzmoo Posted July 3, 2006 Share Posted July 3, 2006 Woolworths must think it is a very big company indeed. Not only do they think the law doesn't apply to them as evidenced by their response to being found guilty of offences under the trade practices act over the weekend, they also must have some sway with the ASX. They face potential fines of $40-$60 million dollars and not so much as a peep out of them this morning -- and when I queried this with the ASX, their response was "Woolworths does not believe this to be material". Well, for starters I don't think the ACCC and Federal Court agree. And I'm sure many a company has said that in the past -- nevertheless, this seems to be a gross understatement by both Woolworths and the ASX for letting them get away with at least acknowledging to the market that they have been found gulity and do face fines. I have seen the ASX ride companies for a lot less. Interesting. Link to comment Share on other sites More sharing options...
rubba81 Posted September 8, 2006 Share Posted September 8, 2006 head and shoulders pattern? Link to comment Share on other sites More sharing options...
sally1 Posted February 18, 2007 Share Posted February 18, 2007 In for the long haul, http://www.sharescene.com/html/emoticons/wacko.gif Link to comment Share on other sites More sharing options...
jbeatty Posted March 5, 2007 Share Posted March 5, 2007 Amazing! WOW still fighting the ASX correction. I'm out for now, but, I suspect, not for very long! http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
jazzmoo Posted March 6, 2007 Share Posted March 6, 2007 In reply to: jbeatty on Monday 05/03/07 03:06pm PE ratio around 27. Danger Will Robinson, Danger. Or if the robot had been a share trader.... Sell Will Robinson, Sell. And then Danger, etc... Link to comment Share on other sites More sharing options...
jaolsa Posted April 16, 2007 Share Posted April 16, 2007 In reply to: jazzmoo on Wednesday 07/03/07 09:40am fundies are a real worry......wow is up 2.8% today.......sitting on a pe of about 29 for a food and vegie store. insane. pump pump pump and wooosh. Link to comment Share on other sites More sharing options...
AJ_ Posted April 16, 2007 Share Posted April 16, 2007 now up 3% .. does seem a litlle crazy ! Link to comment Share on other sites More sharing options...
jaolsa Posted April 16, 2007 Share Posted April 16, 2007 In reply to: AJ_ on Monday 16/04/07 02:51pm aj......to short or not to short.......i promised myself to sit on the sidelines for the next couple of days but it is just sooooo tempting. Link to comment Share on other sites More sharing options...
farmer fred Posted April 16, 2007 Share Posted April 16, 2007 In reply to: jaolsa on Monday 16/04/07 03:09pm Third quarter sales out tomorrow. They do have a habit of suprising on the upside. Link to comment Share on other sites More sharing options...
henrietta Posted April 16, 2007 Share Posted April 16, 2007 Hmmmmmm ........ thought I did well to sell at $28 (having owned them from the float !!??) I guess the Coles factor has made a big impact with possible attractive add-ons for Woolies. The company is well run but the figures don't really add up. I think I'd be watching this one pretty closely from now on. Cheers and good luck. J Link to comment Share on other sites More sharing options...
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