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The Major Supermarkets

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The Major Supermarkets

Hi MM,

Good reports thank you.  Do you like WOW and WES and what would be the buy in price?

Cheers, Jill

Answer

Hi Jill,

We like both WES and WOW as businesses but at todays levels we’re neutral hence we took profit on the former in our Active Income Portfolio a few weeks ago. We would reconsider both 10-15% lower. We prefer Metcash (MTS) at current levels.

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Wesfarmers (WES)
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