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One 13 year old stabs a staff member so the rest if us can't be trusted with knives.
COL - Coles Group
- Thread starter Joe Blow
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- cgj col coles group
Craton
Mostly passive, contrarian.
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So how many times has this occurred exactly?
Talk about a knee jerk reaction.
From what I understand this is under review though.
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COL keeps making new 52 week highs.
Higer highs, and higher lows.
just the way I like it.
And it occasionally pays a dividend.
Mick
Higer highs, and higher lows.
just the way I like it.
And it occasionally pays a dividend.
Mick
Dona Ferentes
Did the Thessalonians write back?
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Dona Ferentes
Did the Thessalonians write back?
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Dona Ferentes
Did the Thessalonians write back?
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$20.60
The supermarket division had shoppers flocking to its stores after a strike left shelves empty at its main rival Woolworths.
Australia’s second-biggest supermarket chain benefited from its larger rival’s stumble in December, investing heavily to get stock on shelves to meet increased demand. It gained about $120 million in sales and $20 million in extra earnings in the half.
Coles group sales increased 3.7 per cent to $23.03 billon, well above the 3.3 per cent expected by the market, with growth in supermarkets sales jumping 4.3 per cent. Its liquor business sales posted moderate growth of just 0.8 per cent.
This outpaced Woolworths, which on Wednesday reported 2.7 per cent growth in its local supermarkets.
.
and margins at 5.7 per cent up from 5.3 per cent in the half (was 5.2 per cent at Woolworths) were healthy - but not too healthy - otherwise the 'theiving bastards' brigade and outraged TV talking heads get all fired up.
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I hold COL and sold out of WOW a few years back, I just think COL carries less baggage than some of the others.
WOW is really struggling competing with Coles and now Aldi, also Big W is an Albatross around it's neck.$20.60
The supermarket division had shoppers flocking to its stores after a strike left shelves empty at its main rival Woolworths.
Australia’s second-biggest supermarket chain benefited from its larger rival’s stumble in December, investing heavily to get stock on shelves to meet increased demand. It gained about $120 million in sales and $20 million in extra earnings in the half.
Coles group sales increased 3.7 per cent to $23.03 billon, well above the 3.3 per cent expected by the market, with growth in supermarkets sales jumping 4.3 per cent. Its liquor business sales posted moderate growth of just 0.8 per cent.
This outpaced Woolworths, which on Wednesday reported 2.7 per cent growth in its local supermarkets.
.
and margins at 5.7 per cent up from 5.3 per cent in the half (was 5.2 per cent at Woolworths) were healthy - but not too healthy - otherwise the 'theiving bastards' brigade and outraged TV talking heads get all fired up.
I still don't regret offloading WOW and am still holding COL.
My guess is COL will continue to eat WOW's lunch, while Aldi mops up the crumbs.
Dona Ferentes
Did the Thessalonians write back?
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I'm still in the green, in a red market. Lol
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that isn't hard for me , my holding was a result of holding WES at the demerger , but sold about half of them ( @ $18.43 ) to help buy this farm ( in April 2023 )
i wonder how long before parity ( equal share prices ) with WOW
( i hold COL and WOW both at no cash risk )
PS i reduced WOW in April 2023 @ $39.12 .. just comparing after nearly two years
It has been reported today (12/03/25) via News Corp media that Morgan Stanley’s Melinda Baxter upgrades Coles Group to Overweight and lifts her target price 18 per cent to $21.70 as she now expects Coles to trade at the same price-to-earnings multiple as Woolworths.
Kind regards
rcw1
Kind regards
rcw1
Garpal Gumnut
Ross Island Hotel
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Indeed, bloke.
I am a Coles shopper. I ventured in to Woolies today and was surprised how much more expensive basic foodstuffs were over Coles. Woolies seem to be doing well attracting the well to do rather than grubs such as I. I had to leave before starting my shop as an appointment I had was brought forward.
Nobody bothered to check me on the way out, unheard of at Coles, as the latter don't trust my class of people at all. So COL are doing better than WOW in Townsville, whether they are making more profit before tax I have no idea.
I would also not trust the opinion of any broker as they probably have a large customer/fund wishing to divest their holdings to the masses. The best way to do that is to pluck some dodgy figure out of reports and flog it via Newscorp.
gg
Well well well, you wouldn't dream of it ... rcw1 is Cole's man too
@Garpal Gumnut , rcw1 was wondering why rcw1 liked you so much ... you get three ticks for that
Yeah bloke, broker opinions always good for a giggle.
kind regards
rcw1
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i don't ALWAYS discount broker's opinions , but i do look closely at the company , the broker's logic , etc etc BEFORE reaching for the walletWell well well, you wouldn't dream of it ... rcw1 is Cole's man too
@Garpal Gumnut , rcw1 was wondering why rcw1 liked you so much ... you get three ticks for that
Yeah bloke, broker opinions always good for a giggle.
kind regards
rcw1
one thing to remember is .. unless you pay the bucks , for that analysis , what you read is likely to be stale , and the market might have already made most of the move
as an ex-Woiolworths employee ( granted it was 50 years ago ) COL is the better shopping experience in my opinion , add in my limited but wide-ranging experience with retail ( and wholesale distribution ) , a trip to WOW ( or Big W ) just makes me sigh in dismay
Dona Ferentes
Did the Thessalonians write back?
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The competition regulator published a long-awaited report that found Woolworths and Coles were some of the most profitable supermarket retailers in the world and found little evidence of price gouging
Dona Ferentes
Did the Thessalonians write back?
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Coles will permanently retire the Vintage Cellars and First Choice Liquor Market chains after a successful four-month trial of rolling out the Liquorland brand to other parts of its alcohol retailing business.
The change is the most significant since Coles entered the business in 1981 with the acquisition of Liquorland and Vintage Cellars. Next month, it will begin to roll out the branding to its 984 stores, renaming Vintage Cellars and First Choice as Liquorland Cellars and Liquorland Warehouse respectively.
clumsy ..... but they're coming a distant second
The change is the most significant since Coles entered the business in 1981 with the acquisition of Liquorland and Vintage Cellars. Next month, it will begin to roll out the branding to its 984 stores, renaming Vintage Cellars and First Choice as Liquorland Cellars and Liquorland Warehouse respectively.
clumsy ..... but they're coming a distant second
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Dona Ferentes
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yes, Dan's and BWS are inside Woolworths, and #1
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Thanks
While i like Dan Murphy, i lately prefer to visit First Choice Liquor Market Maroochydore..better pricing and huge choice but not as good as Dan for rare European bottles
