Author: Shawn Hickman
Supermarket operator COL delivered a solid result in April with sales growth driven by accelerating inflation, everything looks solid over the next year or two with COL but it will need population growth to expand meaningfully moving forward. The stock is not particularly cheap trading on an Est P/E of 23.9x for 2022 but a sustainable 3.4% fully franked yield makes it relatively easy to be patient if concerns are growing towards much of the ASX.
BHP and Woodside have agreed a deal whereby Woodside will acquire BHP’s Petroleum business. BHP shareholders will receive payment in WPL shares with BHP shareholders set…
