Warning to avoid Woolworths

[Daily Investor]

Warning to avoid Woolworths

Prominent analysts warned South African investors to avoid Woolworths as it failed to resolve its clothing business problems and is facing increasing competition in its food division.

 

[Hemi300c]

I avoid them in any event because the anc has 20% shares in them through a PIC "investment" in about 2015.

 

[kolaval]

You okes better start spending, I don't want to have to go to Checkers.

 

[kolaval]

I avoid them in any event because the anc has 20% shares in them through a PIC "investment" in about 2015.

 

[cr@zydude]

I avoid them in any event because the anc has 20% shares in them through a PIC "investment" in about 2015.

You must have a tough time buying anything in SA if you avoid companies which the PIC owns shares in.