woolworths and shoprite

[partridge1]

Aaah well there comes a time - and even if the timing is not "right" as in optimal , I am selling. It strikes me that the main reason I am selling this share is that it is effectively a business in dissaray - with the albatros of Ozzie - hanging over it - and this ongoing battle to actually make an impact on clothing. Heaven knows who the buyers are but I am tired of seeing them getting it so consistently wrong.

So how about some shoprite - not cheap and with (?) all that money tied up in Angola? heck at least its a business with a clear idea of what its trying to do. And nothing in Oz!( at least that I know of)    

[partridge1]

nd looking at the just published update and the out of SA results for shoprite... the question to be answered now  is ....?

[partridge1]

Well ,okay, I admit, as regards shoprite , having a clear idea , as I said below , is clearly not the same as executing effectively - but the price is starting to look attractive. But not attractive enough to buy. Not yet, for me anyway.

[Preston]

R120, you can start to nibble

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@partridge1 wrote:

Well ,okay, I admit, as regards shoprite , having a clear idea , as I said below , is clearly not the same as executing effectively - but the price is starting to look attractive. But not attractive enough to buy. Not yet, for me anyway.

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