Author Topic: Woolworths  (Read 2635 times)

AVM

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Woolworths
« on: May 06, 2013, 02:31:28 pm »
I'd meant to top up my holdings a couple of weeks back, but wasn't paying enough attention. Now we've had a sharp rise. It still looks like fair value to me, even at a p/e of 25, but I'm wondering if we'll see another dip like we had in early April to take advantage of. It is for my long term portfolio so I know timing isn't as important here.

Any thoughts on retailers in general? SHP is also well below it's January levels, though at a p/e of 27 I just can't bring myself to buy :o