Woolworths - australischer Supermarkt - 500 Beiträge pro Seite

[R-BgO]

...mit derzeit knapp 5% Dividendenrendite und knapp 40% EK-Rendite.

Habe mir mal ein paar zugelegt.

[emmas76]

Antwort auf Beitrag Nr.: 42.532.717 von R-BgO am 30.12.11 11:05:03

Interesant.....

[Silberpfeil1]

Kannst Du bitte kurz konkretisieren, wie sich die EK-Rendite von 40% berechnet?

Auf den ersten Blick habe ich etwas von durchschnittlich 28% gefunden, aber vielleicht meinen wir beide etwas Unterschiedliches?

Danke und Gruß

Silberpfeil

[R-BgO]

Antwort auf Beitrag Nr.: 42.533.416 von Silberpfeil1 am 30.12.11 13:42:41

Ich rechne -vereinfacht- immer so; Daten aus dem Annual Report:

EK-Rendite = Gewinn / (EK Ultimo - Gewinn) = 2,124 Mrd. AUD / (7,593 Mrd. AUD - 2,124 Mrd. AUD) = 38,8%


Da steckt die Annahme drin, dass das Jahresend-EK aus dem Jahresanfangs-EK und dem Gewinnentstanden ist. Feinheiten wie Gewinnausschüttungen ignoriere ich.

[R-BgO]

Woolworths to create SCA Property Group

Friday 5th October 2012
In line with Woolworths’ strategy to maximise shareholder value
SCA Property Group portfolio independently valued at $1.4 billion
Shareholders to vote at Woolworths AGM


Woolworths Limited (Woolworths) today announced a proposal to create Shopping Centres Australasia Property Group (SCA Property Group), a newly established Real Estate Investment Trust (REIT) owning a portfolio of quality Australian and New Zealand shopping centres.

SCA Property Group will be created via an in-specie distribution to Woolworths shareholders (the Distribution) and related offer to investors. The financial impact is not expected to be material due to the relatively small size of SCA Property Group when compared to Woolworths’ total business.

Woolworths will transfer its current ownership of 69 neighbourhood, sub-regional and freestanding shopping centres to SCA Group. These centres have been independently valued by Cushman & Wakefield, Colliers International New Zealand Limited and Savills Australia in the aggregate at $1,406 million. All but one of the properties have been developed or redeveloped by Woolworths and a Woolworths Group business is the anchor tenant for each property.

Woolworths’ CEO Grant O'Brien said the creation of SCA Property Group signaled further progress against Woolworths’ strategic priorities: “The creation of SCA Property Group is in line with our strategy to act on the Company’s portfolio to maximise shareholder value.

“Woolworths has determined that creating SCA Property Group is the best option to reduce the quantum of property held on the Woolworths balance sheet, make better use of Woolworths’ capital, and release value to shareholders. We are focused on growing earnings from our core retail business. Reducing the capital invested in property will allow Woolworths to focus on other growth options,"Mr O’Brien said.

Woolworths Shareholders will receive one stapled unit in SCA Property Group (Stapled Units) for every five Woolworths Shares that they hold on 30 November 2012. In addition to the Distribution, SCA Property Group is undertaking a public offer of 337.3 million Stapled Units to raise between $425 million and $506 million (the Offer) which will be used to partially fund the acquisition of the portfolio.

Woolworths will not acquire Stapled Units under the Offer. Woolworths will have no ownership interest in SCA Property Group following completion of the Distribution and the Offer. SCA Property Group will be an independent entity with its own Board and management team.

Historically, Woolworths enters into long term leases over its premises rather than holding property assets. During the Global Financial Crisis, Woolworths increased its involvement in the development of retail centres using its own balance sheet. Woolworths has decided to transfer certain property assets into a more appropriate vehicle allowing for better alignment with the core retailing business.

A resolution to approve the Distribution via a capital reduction will be put to Woolworths shareholders at the Annual General Meeting on 22 November 2012. The Woolworths Board unanimously recommends shareholders vote in favour of the capital reduction resolution.

Philip Clark AM will be Chairman of SCA Property Group. Anthony Mellowes, currently Head of Asset Management and Group Property Operations at Woolworths, will become Chief Executive Officer of SCA Property Group on an interim basis. Kerry Shambly, currently Manager of the Capital Transactions Group at Woolworths will become Chief Financial Officer. Both Mr Mellowes and Ms Shambly will also be executive directors of SCA Property Group. The majority independent Board will also include James Hodgkinson, Dr Ian Pollard, Philip Redmond, and Belinda Robson as Independent Non-Executive Directors.

Assuming approval of the resolution, SCA Property Group is scheduled to commence trading on the ASX on 26 November 2012 on a conditional and deferred settlement basis.

Woolworths has published an Explanatory Memorandum for shareholders on the proposal to create SCA Property Group, which is available from the Shareholder Centre on the Woolworths Limited website www.woolworthslimited.com.au. A Product Disclosure Statement issued by Shopping Centres Australasia Property Group RE Limited (ABN 47 158 809 851) (PDS) in relation to the offer is available at www.scapropertyoffer.com.au.

[R-BgO]

Erträge haben sich nett weiterentwickelt, derzeit noch 3,7% dividendenrendite

[R-BgO]

von SPIEGEL-Online

Discounter: Aldi mischt Konkurrenz in Australien auf


Auch in Australien ist Aldi erfolgreich: Erstmals legte der deutsche Discounter dort seinen Gewinn offen - die Zahlen zeigen, wie Aldi anderen Supermarktketten Marktanteile abjagt.

Der deutsche Discounter Aldi konnte in Australien seinen Gewinn deutlich steigern. Unter dem Druck der Konkurrenz legten die Deutschen erstmals Zahlen über ihre Aktivitäten in dem Land vor. Mit mehr als 370 Läden an der australischen Ostküste hat das Unternehmen seinen Vorsteuergewinn zwischen 2010 und 2013 mehr als verdoppelt. Dies geht aus einer Aldi-Stellungnahme vor einem Steuerausschuss im Parlament in Canberra hervor, die am Montag bekanntwurde.

Die traditionellen Supermarktketten Woolworths und Coles betrachten den Rivalen mit Argwohn. Aldi ist seit 2001 in Australien und hat dort inzwischen einen Marktanteil von elf Prozent und 9000 Mitarbeiter. Aldi Australien gehört zur Aldi-Süd-Gruppe.

Der Chef des Coles-Mutternunternehmens Wesfarmers, Richard Goyder, hatte im Juni verlangt, dass die Steuerzahlungen von Aldi unter die Lupe genommen werden sollten. Das Unternehmen ist eine Gesellschaft mit beschränkter Haftung nach australischem Recht und muss seine Zahlen deshalb nicht offenlegen. Auch in Deutschland gilt Aldi als verschwiegen. Weil der Milliardenkonzern nicht börsennotiert ist, muss er viele Zahlen nicht offenlegen, die über Unternehmen ähnlicher Größe bekannt sind.

Aldi Australien steigerte seinen Gewinn vor Steuern nach diesen Angaben zwischen 2010 und 2013 von 121 auf 261 Millionen australische Dollar (von 81 auf 174 Millionen Euro nach aktuellem Kurs). Der Discounter habe die übliche Steuerrate von rund 30 Prozent gezahlt und damit 82 Millionen australische Dollar an Steuern, schrieb Aldi-Australasia-Chef Thomas Daunt in einem Brief vom 3. Juli 2015 an den Ausschuss. "100 Prozent unserer Gewinne haben wir wieder in Australien investiert", betonte Daunt.

Daunt will den Druck auf die Konkurrenz weiter erhöhen. Das Unternehmen plane 120 neue Läden in Süd- und Westaustralien mit rund 2000 neuen Jobs. Er verwies auf eine Untersuchung der Verbraucherorganisation Choice vom Juni, wonach ein typischer Einkaufskorb bei Aldi bis zu 50 Prozent billiger sei als bei anderen Anbietern. Aldi greift derzeit auch auf anderen Auslandsmärkten - etwa in Großbritannien und in den USA - verstärkt einheimische Einzelhändler an.

[R-BgO]

Newbrook: Short Woolworths Ltd.

Newbrook is short Woolworths Ltd, a popular short among many funds. Woolsworth an operator of more than 3,000 supermarket stores across Australia and New Zealand. 79% of revenue and 86% of operating profits are derived from the company’s Australian Food, Liquor, and Petrol business.

There are four key reasons why Newbrook believes Woolworths is a compelling short play. Firstly, competition. The company is facing increasing pressure from Aldi the German-based hard discounter chain, which is stirring up retail markets around the world. A typical basket of goods from Aldi is 15% to 20% cheaper than a similar basket from Woolworths. As a result, the German group has already grabbed a 10% share of Australia's grocery market. Also, Woolworths' closest competitor and number two in the grocery market, Coles is gradually stealing market share from its larger competitor, while driving margin expansion. This brings me onto the second reason Newbrook believes Woolworths is a compelling short.

Over the past few years, Coles has made several mistakes, allowing Woolworths to push ahead and achieve abnormal profit margins. With Coles staging a comeback, Woolworths' profit margins are likely to come under pressure. Woolworths' EBITDAR margin was more than 50% above the global public company average during 2014.

Thirdly, Woolworths is currently progressing through a management transition. During June, the CEO announced his resignation. With sales coming under pressure, Newbrook believes that a new CEO could push for a new level of price leadership in the market that would result in a material downward revision to earnings and margins expectations.

And lastly, Newbrook is concerned about Woolworths' level of free cash flow, or lack of it. Over the last seven years, Woolworths’ free cash flow has been less than 50% of earnings as capital expenditures have greatly exceeded depreciation. This has been mainly driven by the company's ill-fated efforts to organically build a home improvement business. The company started investing capital into this plan in 2008, yet this business is currently on pace to have its worst money-losing year since inception.

[R-BgO]

Antwort auf Beitrag Nr.: 50.428.170 von R-BgO am 18.08.15 19:10:47

das hat ihnen das Geschäftsjahr gründlich versaut:

http://www.woolworthslimited.com.au/page/The_Newsroom/Latest…

...erster Verlust, seit ich dabei bin.

[R-BgO]

Antwort auf Beitrag Nr.: 53.208.156 von R-BgO am 05.09.16 12:31:08

• Short Woolworth’s in Australia

• Largest grocer but weaker as compared to Coles

• Aldi now competing with 400 stores too

• Woolworth’s now pursuing a restructuring, but too little too late? Needs a 3G makeover a la Heinz Kraft

• At 3.5% operating margin with single-digit sales declines worth AUD $14.50, down 40%

• Consumers today want either a premium product or the lowest cost – everything in between is getting squeezed

• Low cost is powerful (see Ryanair) but hard to execute

o Need a simple concept, ruthless execution, and a loop wherein scale widens the moat

o If you find a great business like this, hold on for the long term


Read more: http://www.marketfolly.com/2016/10/leah-zell-long-bim-short-…

[R-BgO]

Antwort auf Beitrag Nr.: 53.596.431 von R-BgO am 01.11.16 14:52:32

mit knapp 30% Verlust geschmissen,

ein Erinnerungsstück behalten

[R-BgO]

ein Jahr seitwärts, nix verpasst...

[R-BgO]

aktuelles KGV 21,5

[R-BgO]

Halbjahr unauffällig

[R-BgO]

Ganzjährig gut, aber trotzdem für einen Retailer zu teuer