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Wesfarmers

Buy Wesfarmers shares

WESFARMERS (WES) Shares

ABOUT WESFARMERS

Wesfarmers Limited is one of the largest listed companies in Australia.

It is a co-operative farmer company with a portfolio that offers a wide selection of products that include apparel and merchandise, home improvement supplies, outdoor living products, office supplies, energy and fertilisers, industrial and safety products and chemicals.

The company operates in Australia and New Zealand. Its shareholder base consists of approximately 484 000 shareholders.

Wesfarmers Limited employs more than 220 000 people, making it one of the largest private employers in Australia.

The company is headquartered in Perth, Western Australia. 

OVERVIEW OF WESFARMERS

  • In 1914 the Westralian Farmers Co-operative Limited is founded by the Farmers’ and Settlers’ Association of Western Australia. It is initially created to buy West Australian Producers’ Union assets in order to provide products and services to the rural community in Western Australia.

  • The company quickly expands and by 1919 it has 65 local co-operative companies serving as agents. By the early 1940’s its portfolio includes grain and fruit exporters, wheat pool purchase agents as well as wool, skin, livestock and produce auctioneers.

  • The company buys Ashburton Transport in 1949 and a year later Gascoyne Trading, one of its biggest competitors, is purchased.

  • These two companies are combined and supplies Western Australia’s northwest areas. It adds refrigerated transport, three road trains and banana carting to its portfolio.

  • In 1984 the company forms Wesfarmers Limited and lists it as a public company on the Australian Securities Exchange, initially retaining 60 percent interests.

  • In 2001 it becomes a freely traded company and starts a series of acquisitions, quickly expanding the business into what it is today.

VISION & VALUES OF WESFARMERS

  • Wesfarmers Limited achieves satisfactory, long-term returns to its shareholders by anticipating the needs of its customers and offering a variety of quality products and services at competitive prices.
  • The company provides a healthy and safe workplace for its employees.
  • It has good relationships with suppliers and sources sustainably and ethically. The company acts with integrity and honesty when conducting business.
  • Wesfarmers Limited aims to have a positive impact on the people and environment by minimizing its environmental footprint, protecting its geographical area and contributing to the communities in which it operates.

MARKET PERFORMANCE OF WESFARMERS

  • Wesfarmers Limited trades on the Australian Securities Exchange under the ASX stock symbol WES.
  • Data analysis for the company’s annual results from continuing operations for 2019 reports a revenue of US Dollar 27,920 million. Earnings before interest and tax is US Dollar 2,974 million.
  • Net profit after tax is US Dollar 1,940 million. Basic earnings are 171.5 cents per share. Operating cash flow is US Dollar 2,718 million. Free cash flow is US Dollar 2,963 million.
  • Equity dividends paid are US Dollar 3,628 million. Dividends per share are 278.0 cents. Operating cash flow is 240,3 cents per share.
  • Total assets are US Dollar 18,333 million and net debt is US Dollar 2,500 million.

Buy WESFARMERS stocks / shares – A Step by Step Guide how to Buy / Purchase WESFARMERS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy WESFARMERS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN WESFARMERS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE WESFARMERS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of WESFARMERS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy WESFARMERS stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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