Is Roger Montgomery buying Woolworths?
Roger Montgomery has said many times that Woolworths scores a very high Montgomery Quality Rating. Whilst the current market price doesn’t offer WOW at a bargain price, it does represent a rare opportunity to buy one of Australia’s highest quality businesses. So what is Roger’s 2010, 2011 and 2012 Value.able intrinsic valuations for Woolworths? In this appearance on Your Money Your Call Roger also shares his insights on the impact of the Mineral Resources Rent Tax on the intrinsic valuations of Australia’s resources companies. Watch the interview.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
rowan
:
roger so a response isn’t required in this q?
rowan
:
roger your posting in the other threads but not this one?
Roger Montgomery
:
Hi Rowan,
Responding to wherever comments are left and a response is required. Perhaps I have missed a couple of q’s.
rowan
:
hey roger,
I take it you have been busy or forgotten about this thread?
rowan
:
hey roger,
How did you cash flow ratios come up woolworths?
rowan
:
look forward to hearing your thoughts roger. Here is woolworths counter : http://www.theaustralian.com.au/business/woolies-denies-it-is-propping-up-earnings/story-e6frg8zx-1225968562432
rowan
:
Hey roger ,
what is your thought on this report by merrill lynch about woolworths ?
http://www.theaustralian.com.au/business/opinion/woolworths-cops-flak-on-cash/story-e6frg9io-1225968126889
Roger Montgomery
:
I track a bunch of cash flow ratios that are constantly being updated and I will confirm the numbers on my return.