Woolworths Holdings (JSE: WHL) share price, discussion & sentiment

Spent an hour on the latest results, balance sheet's not terrible honestly

honestly the premium grocery angle is what keeps me in this, picks up the high-income crowd that's less price sensitive than the rest. fashion side's been rough but if they can stabilize that without bleeding cash from the core business then you've got something solid longer term. woolies at R53 feels reasonable for what they control in the market.

Woolies got that Springbok resilience, never backing down

grocery cashflow is the real backbone here, keeps the lights on while fashion sorts itself out. at these levels you're getting paid to wait with the dividend while country road and the clothing side find their feet again, that's the play for me longterm.

honestly though, the grocery side is solid even when everything else tanks, people are just trading down to picks n pay instead of paying whl prices. but if they can get fashion and country road turning around, theres real upside sitting here at these levels.

ngl the defensive play here is solid, grocery business is recession-proof even when everything else tanks. at R52.70 whl still got that dividend yield working for you and the fashion side is starting to show some life again. long game pays off with these guys imo

@jozi_janet true, people need their food regardless lol

@jozi_janet exactly, people still gotta eat lol

down again, but groceries aint going nowhere

R65 by end of q2 easily

whl closing at r52.90 is honestly not terrible given the retail headwinds we're seeing. groceries holding up better than fashion right now but country road and the local clothing division need to turn around. long term the premium grocery moat is still there, just waiting for inflation to ease up a bit so consumers stop trading down to checkers and spar.

@jozi_janet ya the fashion turnaround is real, supermarket just keeps printing

Woolies fashion turning around, supermarket staying solid ngl

Did some homework on WHL, fashion recovery looking decent hey

Let's gooo green is green baby!

WHL up 1.53% today but trading on a P/E around 18x which feels stretched given the retail headwinds and margin pressure we're seeing. Dividend yield sitting around 3.5% is decent, but I need to see revenue growth accelerate before getting excited at these levels.

did some homework, whl's grocery side still lekker solid ngl

R52.53 now, holding steady!

algos having a field day with this one hey

R52.98 now! Come on!