Analysis of Mineral Resources, Woolworths, Wesfarmers, Qantas
Fund Manager Chris Pedersen discusses Mineral Resources, Woolworths Group, Wesfarmers and Qantas Airways.
Watch Now
Wesfarmers — a diversified corporation
From its origins in 1914 as a Western Australian farmers’ cooperative, Wesfarmers has grown into one of Australia’s largest listed companies. With headquarters in Western Australia, its diverse business operations cover: home improvement and outdoor living; apparel and general merchandise; office supplies; and an Industrials division with businesses in chemicals, energy and fertilisers, and industrial and safety products. Wesfarmers is one of Australia’s largest employers and has a shareholder base of approximately 484,000.
The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.
The company aims to achieve this by:
anticipating the needs of our customers and delivering competitive goods and services;
looking after our team members and providing a safe, fulfilling work environment;
engaging fairly with our suppliers, and sourcing ethically and sustainably;
supporting the communities in which we operate;
taking care of the environment; and
acting with integrity and honesty in all of our dealings.
Fund Manager Chris Pedersen discusses Mineral Resources, Woolworths Group, Wesfarmers and Qantas Airways.
Watch Now
Fund Manager Chris Pedersen discusses markets leading up to the new year, Brambles, Wesfarmers and ASX.
Watch Now
Scott Kelly, Manager of the DNR Capital Australian Equities Income Portfolio, provides an update on his firm's outlook for dividends in the Australian equity market.
Watch Now
Wesfarmers (ASX:WES) has announced an agreement to sell its Coregas business to a subsidiary of Nippon Sanso Holdings Corporation for $770m.
Read More
In defiance of prevailing market trends characterized by sluggish retail sales and dwindling profits, Wesfarmers, propelled by the stellar performance of its Kmart retail group comprising Kmart and Target, has announced a commendable uptick in its interim dividend.
Read More
In the face of industry-wide concerns and cutbacks, Wesfarmers (ASX:WES) has demonstrated unwavering confidence in its lithium venture, as evidenced by its recent interim results announcement.
Read More
Shareholders in Wesfarmers (ASX:WES), the conglomerate that owns Bunnings, Kmart/Target, Officeworks, and a range of industrial enterprises, are set to receive a higher dividend for the fiscal year ending in June, even in the face of a second-half earnings deceleration.
Read More
After saying it would be disciplined in spending capital, Wesfarmers has surprised by announcing a decision to match the $3.35 per share offer by EC Healthcare for SILK Laser.
Read More
Wesfarmers CEO Ron Scott got a lot of publicity Tuesday for comments about the endtimes of government handouts and ultra-low interest rates.
Read More
There’s significant expansion afoot in WA’s lithium industry as companies ignore the nervous nellies and plough on with exploration and processing plans.
Read More
Airlie FM analyst Vinay Ranjan reports on his recent site tour of the Wesfarmers Chemicals, Energy and Fertilisers (‘WesCEF’) business in Perth, WA.
Read More
A setback for Wesfarmers at its jointly-owned Mount Holland lithium project in WA, with production delayed by around six months and costs jumping by anywhere up to 20%.
Read More
Covid lockdowns saw Wesfarmers post a 2.9% drop in annual profit for the year to June, with unwanted assistance from supply chain bottlenecks and emerging cost pressures.
Read More