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?

its as near give or take as 40p.

Actually I think 42.75p is the new bottom, been there twice and bounced off again.

Christmas looks promising.

If you hold then well done.

Most of my cash is tied now till they hit the next gusher.

Luck sb

Sw,i dont hold any wlw but i think i saw it at 46 so going well.

Currently UP a WHOLE PENNY!!!!
Can I stand the pressure, excitement and anticipation of possibly
sometime soon hitting 47p a share???
;>)

hopefully xmas should be good but i wont hold my breath as i feel people are to busy fretting about the price of oil to spend there dosh W?HAT DO YOU THINK?

Old retail stocks,come of age in december 25% is it of sales in one month,new format stores,with a bright future,,then again is the home shopper deserting the high street,,surly not at christmas !!

BabyKitCat
Can't see the average Mum struggling to get all the Christmas
selection boxes she needs and all the toys and struggle home to
hide them away before the kids get home from school worrying a great
deal about the price of oil somehow - it's a question of perspective
and for most people who don't trade shares etc, that doesn't go beyond
filling stockings and stomachs this time of year. So personally NO
I can't see the vast majority of the Woolies customer base being
bothered at all about the price of oil.

What bothers me is the extent of the price cutting and offers - have they
got it right (will sales volumes offset the low margins?) or will they
be working incredibly hard and not actually making a lot?

Analysis visit today must have gone well - up to 47p!
Note for the diary - Xmas trading update due Jan 15th

stockbunny I think you have given this a really good revieew above.

The price is healthy at the moment seems back in favour.

I would have bought in a while ago at 42 and a few buts but like dave, had everything tied so not I have missed this bus.

I will try to join in agin sometime I am sure as this has done me proud since I started trading.

Good luck and health to your enemies enemies.

Good to hear from you SeaWallWalker - Be Lucky!!
:>)

STOCKBUNNY :-)
im in at 43 so will have to see how xmas bears up traded this stock a few times in the past 2 years and made a few here n there.
but like u say will the price cuts have the opposite effect on the results, its alright getting the customers through the door but it aint no good if if you slash the profit margin down and theres no extra customers to support it.

I think it was a 40 million loss at half time, this sort of loss is usual as the profits are made in the run up to christmas. Everyone on the high street seems to be selling the same christmassy stuff as WLW. If they are cutting the prices, that 40 million will take a lot of making up and then there is the nett profit to be made.
I do not hold WLW but am interested in the investment logic here. Am I on the wrong track with my thinking?
opto

My view yes opto,i like wlw for what is,not a holder at the moment,but would like a dabble 42ish,but in know hurry.

optomistic I have channel traded WLW on occasion and done well out of them.

This year post finals, I have not bought in.

Why?

I have been a little concerned that things did not look right, but I could not put a finger on it till the interims.

They refused to answer whether or not, like other retailers, the summer had put a dampener on recent trading.

I could not understand why that was not answered yes or no, even after it had been researched.

I stayed out, and it seemed for a while that many others had too.

Previous highs, post reports, have not yet been reached although there is a chance they will on the run up the Christmmas, as usual they will not be sustained especiallypre trading statement and interims.

It seems now, the market may have forgotten the absence of answers.

I would come in now if the price was right, but would sell prior to the finals, just in case!

I agree the defict is a big one to make up, and I agree that many other retailers are doing the same tricks and WLW to shift stock.

Depends on the public as to what happens, but I feel those who buy every year from them will continue to do so.

Those who have deserted the likes of WH Smith are not likely to return in such a short time of, new to them, strategy.

In the short term WLW should be alright but the spring could well bring a watershed.

All imho, dyor etc.

Hello Stockbunny see you made a post in the Traders Room but I cant get in (too young)!
What do you feel about 6 times more buys than sells to-day and a drop in SP I tried to help to-day by buying a CD by Maroon 5 !

Morning OakApples!
A wave of concern appears to be flowing through many of the retailers
that possibly wont be put to rest until post-Christmas when the figures
come in. Some situations are odd (I also hold FCCN for my sins, and that
is going up today...why?...goodness knows!) but other like WLW are having
a rough ride - it's a case of buckle up and sit tight for January.
:>)

It's a buy at these prices imo.

I sincerly hope this price holds or falls to 36p while cash is injected into my account.

Errr could we go for the 'hold' option if that's OK with you
SeaWallWalker - a drop to 36p will not make the bunny smile!
;>)

Yes but............ 36p to 48 p when the Jnauary Trading statement comes out saying they have had a record Christmas?

LOL nice idea but I've been in for a while - got in at 34p, so would
prefer to see it hold at 43p or so and then head up from there
on a good trading update in Jan! (Infernal Optimist you see!)
:>)

I know, with me it's wishful thinking and annoyance that I have all my cash in the sb account tied at present.

If only they can hold it down at this price I would be happy.

Had to do the same with HNR at their low early this week, and that low went lower by the time I bought, so I am hoping for a bit of deja vous.