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George Weston Limited (WN.TO)

Toronto - Toronto Delayed Price. Currency in CAD
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121.97-0.13 (-0.11%)
At close: 4:00PM EDT
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  • Isn't Empire Sobey food chain much cheaper than George Weston? it is trading ridiculous low and less than the price it paid to acquire Safeway. Common sense tell me that a stable food retailer cannot loss half its market value cause buying out a competitior and with a record of increasing dividend of 7 to 8 % a yr since 1996. The one time write off of acquired cost will pass and earning will reappear. P/E will be around less than 10, much better buy than George Weston.
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