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WES - Wesfarmers Limited

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Bunnings is the powerhouse, and Trade is now 35% of it. Kmart and Officeworks doing well, Catch a mess.



Wesfarmers has the Mount Holland lithium project in Western Australia and said construction of a concentrator at the project was 70 per cent complete. But its share of costs for that business would now be 10 to 20 per cent higher, in line with rising costs across the lithium mining industry.

Rob Scott said it equated to an extra $100 million to $200 million in costs, and the Mt Holland project was a strong long-term investment in a growth category renowned for volatility. “We don’t really care what the lithium price is doing month to month,” he said.
 
Garpal Gumnut said:
WES is into critical metals and many punters are unaware of this aspect of the conglomerate
Click to expand...
Shareholders will get the email; looks like the big reveal will be in a month

A briefing and operational site tour of the Wesfarmers Chemicals, Energy and Fertilisers business will be held over Thursday 23 March 2023 and Friday 24 March 2023.

The briefing presentation will commence at 11:30am AWST / 2:30pm AEDT on Thursday 23 March 2023 and will be webcast and is accessible via our website.

(not quite the WES green?)
 
am more interested in the WES fertilizer and safety-wear sections ( but still watching the fate of Office-Works )

( i hold WES )
 
Was talking with a (healthcare) rep who'd just visited Melbourne. " Gee, there's a lot of companies there ... Sydney just has Woolies "!!
Anyhow, Priceline has just outplaced some of the older team, 20-year vets. New team, new technologies. And Catch has let 20-25+ go ... sales or marketing? Not sure.

"We can't get along without you but, come Monday, we sure will try!"
 
And another bit of the retail dollar

Bunnings will launch a specialty pet-care section offering items ranging from food to toys and bowls for cats, dogs and birds.

The department will launch next month and include close to 1000 new items in a major expansion of its current offering of kennels, mats, bedding and pet doors, as Bunnings seeks a larger slice of the fast-growing $10 billion specialty pet sector.
 
80 pages

This is a notification to advise you of an ASX announcement which has been uploaded to the Wesfarmers Limited website entitled WesCEF Investor briefing and site tours.

To view the announcement, please CLICK HERE
 
...our analyst ... visited .. a briefing and site tour of the Wesfarmers Chemicals, Energy and Fertilisers business.

A key observation from the trip was the scale and market position Wesfarmers has built in chemicals processing. For those not familiar, Wesfarmers owns and operates a collection of world-class facilities in Kwinana including (but not limited to):
  • 3 x nitric acid ammonium nitrate plants,
  • ammonium nitrate prill & emulsion plants,
  • an ammonia plant,
  • 2 x sodium cyanide plants and
  • 1 x sodium cyanide solids plant.
These assets have positioned Wesfarmers as the #1 player in both the Western Australian ammonium nitrate and sodium cyanide markets predominantly supplying the mining industry.

Read more:

WesCEF: An opportunity in lithium - ShareCafe

Airlie FM analyst Vinay Ranjan reports on his recent site tour of the Wesfarmers Chemicals, Energy and Fertilisers (‘WesCEF’) business in Perth, WA.
www.sharecafe.com.au
 

PoliticsNow: Voice failure will 'turn off' foreign investors, Wesfarmers chairman Michael Chaney says​



Corruption isn't just the offer and acceptance of money...
I can think of quite a few industries sh!tting them selves over "FirstNations" Interference.

So what is Wesfarmers getting out of this. Angling for political favours??????
 
it has been done before at other companies , i would hope not ( i hold WES ) , but wouldn't be a total surprise
 
WES has turned its attention to online medical prescriptions business InstantScripts. Street Talk understands the company – via its newly acquired API vehicle – has engaged in bilateral discussions in recent weeks with InstantScripts, which hung up the for-sale sign in October. It is not known, however, whether those talks had progressed.

InstantScripts was founded in 2018 and lets patients obtain express medical scripts in minutes online. It can do scripts for more than 300 medicines, all of which are low-dosage and low clinical risk for ailments including thyroid, urinary tract infections or melatonin for sleep.

The business was founded by Asher Freilich, a healthcare investment banker at Citi and New York’s Piper Jaffray who retrained as a doctor. It is backed by investors including Perennial Private Investments, Microequities Asset Management and Bailador Technology Investments.

When Lazard was brought in to test buyer appetite last year, InstantScripts was making around $50 million annual revenue, had 250,000 active users, and connections to nearly 40 per cent of the pharmacies. It was tipped to fetch a $200 million valuation. As part of that process, InstantScripts presented to private equity firms, insurers, pharmacies, digital healthcare players and even deep-pocketed family offices.

Wesfarmers’ strategic rationale centred on driving traffic to its pharmacies, sources said.
 
Thanks @Dona Ferentes

One would think with all the "good news", that WES would be powering ahead.

On the chart however, sellers have been in control. Awaiting $46 , $42 and even $40. Although the RSI is quite oversold. Powder dry and awaiting an opportunity to top up Australia's largest conglomerate.



gg
 
WES stuck to its price. No bidding war, no sirree.

SILK ENTERS INTO BINDING IMPLEMENTATION DEED WITH AUSTRALIAN PHARMACEUTICAL INDUSTRIES

SILK Laser Australia Limited (ASX:SLA) is pleased to announce that it has entered into a Scheme Implementation Deed with Australian Pharmaceutical Industries Pty Ltd (API) (a wholly-owned subsidiary of Wesfarmers Limited), under which API will acquire 100% of the shares in SILK, by way of scheme of arrangement for cash consideration of $3.35 cash per share.
 
Garpal Gumnut said:
Thanks @Dona Ferentes

One would think with all the "good news", that WES would be powering ahead.
Click to expand...

Bunnings is the engine; a bit of a reveal with a new store soon to open (Preston, Vic) shows they're tweaking the format.
  • The pet aisle has had a highly successful introduction.
  • subtle changes in the paint section, which has been opened up by using lower shelving than in the rest of the warehouse.
  • moving products – boxes, ties, trolleys and packing materials – have been clustered together.
  • new set-up for power garden tools; because these products have gone battery-powered, customers shop by brand rather than comparing 10 different hedge trimmers.
  • expanding the cleaning range gives Bunnings the potential to increase the frequency of customer visits (given many cleaning products are consumable) and tap into different customer groups.
Garpal Gumnut said:
Although the RSI is quite oversold. Powder dry and awaiting an opportunity to top up Australia's largest conglomerate.
Click to expand...
WES has had a good run in mid-June, and is now pushing closer to $50 again .
 

Bunnings Preston? There's already three Bunnings within about 5km of Preston... Maybe it's a Metro Bunnings.
 
Sean K said:
Bunnings Preston? There's already three Bunnings within about 5km of Preston... Maybe it's a Metro Bunnings.
Click to expand...
Maybe they'll close one. But this seems big, as per the gush
18,000 square metres, two levels (the sausage sizzle will be downstairs), sprawling displays and a timber yard to make a tradie weak at the knees
Click to expand...

An inner-city Bunnings opened nearby to where i live, also 2 storey and above car parking, and yes they do seem to differentiate big box versus retail. But trade supply is also integral
 
...this had "inevitable " all over it, especially after a few stores were culled...

Target is being folded into its discount stablemate Kmart, creating a single $10 billion business with the aim of boosting returns, with one IT system and set of management and purchasing.

Target and Kmart will remain separate consumer-facing brands with no impact on floor staff and only a “handful of redundancies”; all changes would occur on the back end of the business.

The two brands would not change their proposition, with Kmart being price-driven and Target more centred on affordable apparel and soft home furnishings.

A fee senior managers are being shuffled, as you'd expect.
 
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