Wesfarmers' Struggles with Future Retail Uncertainty | ASX 2 of 100

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In this video I go over the workings of Wesfarmers and their growth during 2020 and their potential struggles moving into 2021 and how this could affect their bottom line and difficulties balancing their ... balance sheet.

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A few things making this video surprised me, the fact that they are in the resource sector, which I had no idea about and also the lack of cash on the balance sheet despite the fact they continue to pay out dividends. I'm rather conservative and maybe expected them to hold onto more cash than they had, which was negative in 2019.

But if you're looking at how they manage their cash, you could argue it's alright because their EBIT could pay for the interest on the debt beyond multiples of 10 so depends where you land on things. Although they are strong and reliable in the brands they have, the growth prospect is really low and I would not be betting on them for future growth; nor for dividends... actually what other solid options of which are diverse do I really have?
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Please bring back this series! Love these videos

jakehand
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what are your thoughts on Black berry stocks ? love the content btw :)

alatinasautia
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