On the Thursday Edition of the Morning Mail, David is joined by Senior Research Analyst Tony Wilson.
We discuss the retail sector this morning. The challenges for the sector, highlighted on previous editions of the Morning Mail, still remain. We focus on JB Hi Fi Ltd which has pulled back in price (following the recent completion of their Off Market Share Buy Back) in line with the broader equity market. The stock is currently trading close to Tony’s target entry price.
Tony also provides a brief comment on Wesfarmers Ltd following his re-assessment of his long term coal price assumptions.
