Wesfarmers (WSF)
Wesfarmers on the ASX Stock Exchange
Access the latest stock market reports on Wesfarmers at the bottom of the page.
Is it time to Buy, Sell or Hold Wesfarmers stocks?
Wesfarmers Ltd is one of Australia's largest food and staples retailing companies whose
interests include supermarkets, specialty department stores, general merchandise, liquor outlets, fuel stations,
office supplies, home improvement, gas and distribution processing, electricity generation, insurance, coalmining,
chemicals and fertilisers and industrial and safety product distribution.
Nearly every six Australian citizen would have shopped in one Wesfarmers retail outlets being
Coles, Coles liquor, 1st choice liquor superstores, Vintage cellars and fuel and convenience stores.
On the retail front Wesfarmers owned a number of outlets including target which has 270
locations across Australia and Kmart which has in excess of 180 stores throughout Australia and New Zealand.
Not stopping there, Wesfarmers also has investment interests in Bunnings and Officeworks which
are both the largest retail outlets in their sector and provide some of the greatest bargains in that industry.
There are other interests are not quite as mainstream however generate a good steady cash flow
and that being their resource and energy and insurance product lines. Their resource and energy Holdings comprise
four gas businesses, are power generation business and support services.
Unfortunately 2008 has been a rollercoaster ride from highs around the $40 mark to the recent
lows in 2009 of $15. Prior to that Westfield Group had a significant consolidation from the start of 2005 to 2008
between the levels of 35 and $45. This consolidation period would have driven any investor to the point of
distraction.
|
Wesfarmers Quick Facts (as of Jan 2012)
- Chairman:Mr Bob Every
- MD/CEO: Mr Richard Goyder
- Industry Group: Food & Staples Retailing
- Shares on issue: 1,006,460,744
- Market Cap: $30,494,554,832
- www.wesfarmers.com.au
|
|
|
|