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Thoughts on retailers PMV & WES please

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Thoughts on retailers PMV & WES please

Hi guys im interested in both westfarmers and premier group What are your thoughts on these companies and do you think it is best to wait till they report before considering buying due to the fact many retailers might struggle Cheers Tony

Answer

Hi Tony,

We like both companies and we hold them across two of our portfolios, Wesfarmers (WES) in the Income Portfolio and Premier (PMV) in our Emerging Companies Portfolios. Whether or not to buy pre or post results comes down to risk tolerance. We are holding both ahead of their respective results.

Reporting season can feel like a lottery at times but a well constructed portfolio should come out relatively unscathed even though a miss or two is likely.

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Wesfarmers Ltd (WES)
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