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?

nice and heavy today for you holders,i mite be looking again soon at this one.
hope the price stays flat,but i can`t see it .

Once the 10/10 refits are out of the way there may be a change upward, but for the next 6 months, more of the same I think.

well thats a shock seawall ,,my be a good chance of a cheap buy .

I am usually wrong.............

strange one this wlw,just look at there position ,brand name. i think they my be just selling the wrong stuff ?.

Possibly.

Years ago things were different, but that was before Kingfisher interferred.

The range is somewhat different now, and I personnaly feel they do not do much outside of DVD's and the like.

Nowadays they tend to be seasonal other than that, so over a long period of years they can see what they have done and how things are going.

What else can they do though?

Most of there stores are in places where the punters walk into and out of, apart from the Big W. That limits what they can sell that's portable. they may do well to sell online like Argos.

I like the shares, but did not bother this time as the price did not go low enough for a buy in.

May buy in for the christamas results, which will show a profit and may be more exciting but that would be a short holding.

You seem to be doing well with other areas, whereas I am sitting on Oil & Gas mainly at the moment.

8 September 2004

Woolworths Group plc
Interim Results Announcement
For the 26 weeks ended 31 July 2004

Financial Performance

- First half loss (before tax and goodwill amortisation) reduced by
5.7% to 32.9m (H1 2003: 34.9m), which includes 3.5m of costs
associated with the 10/10 refit programme
- First half loss before tax reduced by 5.5% to 34.4m (H1 2003:
36.4m)
- Group sales up by 5.9% to 1,110.8m (H1 2003: 1,049.4m)
- Like-for-like sales at Woolworths Mainchain up 0.5% and by 0.4% at
Woolworths big W
- Woolworths gross margin improved by 60 basis points
- 8.3% increase in interim dividend to 0.39p per share (H1 2003:
0.36p)
- Significant increase in capital expenditure to 39.8m (H1 2003:
23.8m) driven by investment in 10/10 stores and the accelerated
rollout of the Kingstore till system
- Net debt for the period down to 131.8m (H1 2003: 142.9m)

Operational Highlights

- 40 stores trading in the 10/10 format, representing approximately
8% of Mainchain space
- Kingstore system in 550 stores by half-year; rollout complete by
mid October
- Continued product and range development driving margin growth
- Christmas planning well advanced, with set up three weeks earlier
than last year
- Review of big W sites making good progress
- EUK contract renewed with Tesco and WH Smith signed as new third
party customer
- VCI/BBC Worldwide Joint Venture announced

Trevor Bish-Jones, Chief Executive of Woolworths Group plc commented:

"In the first six months of this financial year, the Group has
continued to make progress, with better systems, better buying and
cost control underpinning the improvement in our margin. We are well
placed to continue to deliver an improved performance over the key
Christmas trading period and have a successful store investment
programme in place which will drive growth in the business over the
medium term".


For further information contact:

Christopher Rogers, Finance Director
020 7706 5883

Nicole Lander, Corporate Affairs
020 7706 5653

Kate Inverarity, Tulchan Communications
020 7353 4200

Alexia Latham, Tulchan Communications
020 7353 4200

To download the full Interim Results Announcement in Adobe PDF or
Microsoft Word visit:
http://www.woolworthsgroupplc.com/investors/reports_results.htm

Our website address is:
http://www.woolworthsgroupplc.com


The key words for me are "..over the medium term" I am not excited!

watch you dont blow yourself up sitting on them to!!!!!!!!!.yer i am doing not to bad,looking for a decent return on eid,cash,,next fingers crossed.looking to buy in to some others,but i have not got all my selections sorted yet,a lot depends on the final price of mtn,so that my give me time to narrow my choice.
very slow today.

Well, Next has been a good performer.

5 on the sahes over 12 months is exellent, if you bought enough, the beers are on you.

MTN looks good for 260p again, if the rumours hardenb up a bit, but what about BFP?

Road to no where just now.

dont talk to me about bfp,i am in for 1.06 remember,its a fair price,but its still a loss.i mite have to take a hit.i will keep you posted on that one.i see my umbro sales are up,i forgot all about today!!!!!!!!!

We all have to take the odd hit, to keep going.

They may recover, they get taken over.

I am into RTO for the same result, but I will wait till the dust settles to see what happens.

BFP I hold a few, but I did pare these down just before the last drop.

Some you win..........

Would`nt you know it. I got out this morning along with a large amount of others and the SP goes up - guess I`ll be back in soon as thats "The Wonder of Woolies"!

The rang will be 39p to 49p over the next 6 months imho, so don't despair.

It's a waiting game to get in at the right price.

Anything below 42p is right, but do what you think is right.

The interims rwally don't do a lot for me, but there is a real promise of 'Jam tomorrow' here if you can wait.

its going well now sw.

Less of the wonder of woolies more the slow crawl of woolies LOL
up a bit more now - everybody 1....2.....3....PUSH!!!!
(Well gotta get it moving somehow!)

As I said, I am usually wrong!

It bothered me that they would not say as all other retails eem to have done that August was not too good.

Declining to comment means is was not good in my book.

going great today,sadly i am not in but good luck you holders . 50 pence mite not be to far away,,as for 39/41 range,,,,thats gone for sure!!!!!!!!!!!!!

I hope you're right Dave, another run at 40p I could do without.

i would not mind,but my coins have run dry,you will br ok wiyh that 45 looks cheap,christmas sales at these stores account for 25% of yearly sales and they will do really well.