Anyone notice the exratordinary volumes yesterday? (10/5/2004)

48 million!!!

Many more buys than sells.

That and the price held out only losing a fraction of a penny.

No Easter Eggs in sight in my local store.

May be one reason but............

Any ideas people?

Sw,you would hope people would of cashed in well before after all its been in the up 50s for some time now,why would they still keep hold of them prior to an exchange of all the paper work.

After all look at the sells on wensaday.

No small position holders left in here,,lucky sods!

come on wlw u can do it 30p

I agree with respect to the heavy trades yesterday even.

Tons of sells.

280 million changed hands today.

Most are buys.

Maybe there is a reason for that?

New lurker?

At around 40p it is not a bargain imo.

Agree sw but 30 pence would be.Plenty of talk of 26p a week or 2 before apex came on the scene.

a lot of money lost in this stock. hedgies would have been all over it for the 3p flip (great performance annualised - eg. 55 to 58.2p roughly 5% over lets say 3 months = 20% annualised!). big gapping wounds today....

Hmm........

Yes prop.

Not good for anyone really.

In hope now that Trevor is allowed to get on with his recovery of the WLW business without distraction.

Dave I think 26 p will never be seen again.

A simple lowering ogf the base rate(!) will do the trick.

Its that simple.

Enter the Consevative Government.

Speculators did not clean up at Woolies (Robert Cole) Times Business)


At 41p Woolies looks excellent value. Buy; Rolls-Royce shares offer sound value. Hold; SSL International's p/e ratio is 19 and dividend yield only 2 per cent.

http://business.timesonline.co.uk/article/0,,8211-1570395,00.html

Nice positive item regarding long term prospects.

Its still a winner for me sw long term,,touch wood and the horse shoe and the bunny foot.
I will stick to my target of 26 if it comes off great.

Looks today like intstutions are selling out, p[robably what they bought while the negatiations were under way, so they are taking a hit.

It will affect the price, but dave...................26p????

I dont think so.

Look at around 36p and sell off in 4 years at around 90p to a pound is what I think.

The divi will be reinstated now by the way, so............ take that into account on the price.

No - not Woolies....must be strong, no more retailers, no
adding to the portfolio, no more bargain basement buys, not until
I get rid of FCCN, must resist.......

(phew that was close, it all got very tempting for a minute)

Seriously, it's sad really I like Woolies.....oh and Dave, it's ok
you can put my foot down now - cheers me-dear
;>)

It's been good to me, so I am sentimental, and will probably buy back in again, only this time keep them.

They will find the focus I think, and I bet they eventually take Tesco over in the future.

Will it be before the latest aseroid hits in 2036?

Well I can not answer that as I probably wont be around then.

Be warned, if I am, I will look like Mr Burns.

"Smithers......................."

LOL :>)

26,

You heard it here first,fight the urge,,,,,,,,,,,,fight the urge!!

It seems that even that Evil character now owns Woolies and didn;t take Dave's advice to fight that urge!

"On the other hand I have hoovered up 1 million shares in Woolworths (WLW) at 39p as I think the market over-reacted to the Apax bid withdrawal and I can see another stalker emerging in due course. I see that Nick Bubb disagrees with me and he is the retail guru but then he does read the Guardian so he can't get everything right."

I think EK is right to do this at 39p.

I'll phone him tomorrow and say so..........

he may be right but i will wait for a few more sessions to decide.

there was a comment inm the times that somerfield was down because of hedgie margin calls in WLW. we could have told them that from this board!