WOOLWORTHS GROUP (WOW) Shares
ABOUT WOOLWORTHS GROUP
Woolworths Group Limited is the largest supermarket chain in Australia. Its portfolio consists of nearly 3 300 stores in numerous locations across Australia and New Zealand. It operates through Australian Foods (1 024 stores), New Zealand Food (180 stores), Endeavor Drinks (1 577 stores) and Big W (183 stores).
It also offers financial services and insurance, as well as approximately 330 hotels – Australia’s largest hotel and gaming poker machine operator.
Woolworths Group Limited employs approximately 205 000 people serving its 29 million customers.
The company has nearly 445 000 shareholders and is headquartered in Bella Vista, New South Wales, Australia.
The company has no affiliation with Woolworths companies in the United States, South Africa or the United Kingdom.
OVERVIEW OF WOOLWORTHS GROUP
The company is founded in 1976 as a small engineering company, Wholohan Grill and Partners. In 1987 it buys the Australian interests of an American engineering company, Worley.
The company changes its name from Wholohan Grill and Partners to Worley. It soon expands to Malaysia, Thailand, Brunei and Singapore.
During the 1990’s the company’s portfolio grows to include power, environment, minerals and metals, as well as infrastructure divisions.
By 2000 Worley has 30 offices and more than 3 000 employees across the globe. It lists as a public company on the Australian Securities Exchange that same year.
The company buys several businesses located in Canada, China and Oman. In 2004 Parsons E&C is purchased and the company is renamed WorleyParsons.
More acquisitions follow through the next couple of years, including Jones & Jones, Watkins & Godwin, HG Engineering as well as Gas Cleaning Technologies, expanding its geographical range considerably.
In 2007 it buys the largest Canadian engineering company, Colt Companies.
One of its latest acquisitions is Jacob’s Energy, Chemicals and Resources business for a price of $ 3.3 billion in 2018. In 2019 WorleyParsons announces that it would change its name to Worley.
VISION & VALUES OF WOOLWORTHS GROUP
- WorleyParsons Limited values its corporate responsibilities and acts with integrity, honesty and ethics.
- It supports communities around the globe and its vision is to make a positive impact in the areas in which it operates.
- The company follows a climate change program and contributes to organizations.
- Through the Worley Foundation, the company supports high-impact community projects world-wide, assisting with financial contributions, volunteering, fundraisers and investments.
MARKET PERFORMANCE OF WOOLWORTHS GROUP
- WorleyParsons Limited trades on the Australian Securities Exchange under the ASX stock symbol WOR.
- Data analysis for the company’s annual results for 2019 reports an aggregated revenue of $ 6,439.1 million.
- EBITDA is $ 308.1 million and EBITA margin is 4.8 percent. NPATA is $ 172.3 million and net profit margin is 2.7 percent.
- Cash flow from operations is $ 236.3 million. Return on equity is $ 5.1 percent. Basic earnings are 36.4 cents per share and dividends are 27.5 cents per share.
Buy WOOLWORTHS GROUP stocks / shares – ? A Step by Step Guide how to Buy / Purchase WOOLWORTHS GROUP 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 WOOLWORTHS GROUP 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 WOOLWORTHS GROUP 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 $5 stock, multiply 100 by $5 to get $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 WOOLWORTHS GROUP 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 WOOLWORTHS GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy WOOLWORTHS GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?