Avoid or invest in Woolworths ?

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  • Опубликовано: 7 май 2024
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Комментарии • 25

  • @anderson6379
    @anderson6379 2 месяца назад +4

    Great to see a sponsor has stepped up, well done, well deserved

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      Thanks my friend, appreciate the support 🙏🏻🙏🏻

  • @anderson6379
    @anderson6379 2 месяца назад +2

    The substantial changes in debt reduction, revenues, profits and cash flows. Is them having offloaded David Jones. Used the cash inflows to pay down the debt (well done management team), but less branches to sponge cash, so drops in operating cash flows and revenues etc. Will be watching where their operating margins arrive at, post David Jones offload. Different discussion, but they should have never gone to Australia to begin with, no competitive advantage there. Just glad they came to their senses after so much shareholder value destruction. I'm here for the reset, let's see how they do going forward. Good review - thanks

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      Absolutely, thanks for adding value in the comments and sharing important insights . 👏🏻👏🏻

  • @lesliecusens-hr5yv
    @lesliecusens-hr5yv 2 месяца назад +2

    sold Woolies today, slowly reducing wherever I can in anticipation of 28th and 29th May!! Might finally get shares I have wanted as the JSE tumbles, and then WHL faces the possibility of winter load shedding ahead.. great show,tks

    • @louisreynhardt
      @louisreynhardt  2 месяца назад

      Interesting, thanks for watching and for sharing your insight. Appreciate the support. Hope you made some decent money on your sale. All the best

  • @mornecoetzee735
    @mornecoetzee735 2 месяца назад +3

    Can you do a video on Sasol or Renergen, with a long term outlook.

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      Absolutely, I actually held on to Sasol for a while in the past. Maybe you will enjoy this very old video of mine. I will make an updated version.
      ruclips.net/video/8T4Gcm1FMkA/видео.htmlsi=_g-q_hTNmqMb53Ym

    • @murraylouw1163
      @murraylouw1163 2 месяца назад

      Yes please, Sasol, Renergen and Purple!!!

  • @Ohole
    @Ohole 2 месяца назад +4

    Ever since they did the whole lgbtq thing I said nope!

  • @melissaoosthuizen3467
    @melissaoosthuizen3467 2 месяца назад +2

    Im not surprised. Theyre clothe quality is down down.

  • @sergioshort
    @sergioshort 2 месяца назад +2

    I guess the sale on David Jones in Australia has had a huge negative impact as well. Probably why the assets & liabilities reduced so drastically

    • @louisreynhardt
      @louisreynhardt  2 месяца назад

      Absolutely, that was the assets held for sale. Huge impact on the balance sheet.

  • @Ohole
    @Ohole 2 месяца назад +2

    No we didn’t 😢

  • @nobody5277
    @nobody5277 2 месяца назад +2

    Do you still use EasyEquities? Im concerned with the recent purple group downfall.

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      Yes, I do. The latest results of Purple group was actually quite impressive. You should check it out.

    • @nobody5277
      @nobody5277 2 месяца назад +1

      @louisreynhardt thanks I didn't want to be the only one investing while it's crashing lol. Throwing away hard earned money

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      @nobody5277 Did you buy shares in the company ?

    • @nobody5277
      @nobody5277 2 месяца назад

      @@louisreynhardt no I didn't. I'm just concerned as PurpleGroup is a parent company of EasyEquities. I'm still learning about investing so I just want to make sure. I'll be sure to watch all your videos for tips!

    • @murraylouw1163
      @murraylouw1163 2 месяца назад

      Louis I already had shares in Purple, the value fell by more than 50% from there on, haven't sold any would you suggest investing in purple group a bit more

  • @GoatOnDecks
    @GoatOnDecks 2 месяца назад +2

    excellent video. I like to buy when there's blood in the street, that's why I choose woolies.

    • @louisreynhardt
      @louisreynhardt  2 месяца назад +1

      Great way to look at it. 💪🏻Thanks for sharing