Wesfarmers (WSF)
Wesfarmers on the ASX Stock
Exchange
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Wesfarmers
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Wesfarmers Ltd is one of
Australia's largest food and staples retailing companies whose
interests include supermarkets, specialty department stores,
general merchandise, liquor outlets, fuel stations, office
supplies, home improvement, gas and distribution processing,
electricity generation, insurance, coalmining, chemicals and
fertilisers and industrial and safety product
distribution.
Nearly every six Australian
citizen would have shopped in one Wesfarmers retail outlets
being Coles, Coles liquor, 1st choice liquor superstores,
Vintage cellars and fuel and convenience stores.
On the retail front Wesfarmers
owned a number of outlets including target which has 270
locations across Australia and Kmart which has in excess of 180
stores throughout Australia and New Zealand.
Not stopping there, Wesfarmers
also has investment interests in Bunnings and Officeworks which
are both the largest retail outlets in their sector and provide
some of the greatest bargains in that industry.
There are other interests are not
quite as mainstream however generate a good steady cash flow
and that being their resource and energy and insurance product
lines. Their resource and energy Holdings comprise four gas
businesses, are power generation business and support
services.
Unfortunately 2008 has been a
rollercoaster ride from highs around the $40 mark to the recent
lows in 2009 of $15. Prior to that Westfield Group had a
significant consolidation from the start of 2005 to 2008
between the levels of 35 and $45. This consolidation period
would have driven any investor to the point of distraction.
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Wesfarmers Quick Facts (as of
1 February
2009)
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Chairman:Mr Bob Every
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MD/CEO: Mr Richard Goyder
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Industry Group: Food & Staples
Retailing
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Shares on
issue: 663,568,925
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Market
Cap: $10,285,318,338
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www.wesfarmers.com.au
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