Speed of Woolworths turnaround is surprising
Morgans Financial Limited
Morgans Financial Limited
In this presentation, Vince Pezzullo, Deputy Head of Equities for Perpetual Equity Investment Company (PIC), reviews the portfolio including its largest position, Woolworths: “Woolworths had a decent first half. We’re actually surprised at the speed of the turnaround. It’s been quite remarkable in the space of nine months.“ He also comments that the data confirms his view that the value of the franchise is very high and that there is a cohort of shoppers that will return for the right offer. Vince also reviews other core positions including Suncorp, Sky, Medibank and Clydesdale, as well as three global stocks:
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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5 stocks mentioned
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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