{"id":17456,"date":"2018-11-22T00:44:58","date_gmt":"2018-11-22T00:44:58","guid":{"rendered":"http:\/\/thepatientinvestor.com\/?p=17456"},"modified":"2018-11-22T00:44:58","modified_gmt":"2018-11-22T00:44:58","slug":"coles-group-limited-col","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2018\/11\/22\/coles-group-limited-col\/","title":{"rendered":"Coles Group Limited (COL)"},"content":{"rendered":"<p>Coles commenced trading on the ASX on 21 November 2018, after the spin-off from Wesfarmers was approved by the Supreme Court of WA.<\/p>\n<p>Trading is initially on a deferred settlement basis, with the demerger expected to be implemented on 28 November 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coles commenced trading on the ASX on 21 November 2018, after the spin-off from Wesfarmers was approved by the Supreme Court of WA. Trading is initially on a deferred settlement basis, with the demerger expected to be implemented on 28 November 2018.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,3799],"tags":[3962,3961],"class_list":["post-17456","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-asx-growth","tag-col","tag-coles-group-limited"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Coles Group Limited (COL) - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coles Group Limited (COL) - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Coles commenced trading on the ASX on 21 November 2018, after the spin-off from Wesfarmers was approved by the Supreme Court of WA. 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The group has an extensive store network of about 2,500 store outlets, with about 110,000 employees. We reduced our fair value estimate by 8%, to A$15.05, based on\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17930,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/02\/27\/coles-group-ltd-col\/","url_meta":{"origin":17456,"position":1},"title":"Coles Group Ltd (COL)","author":"Colin Twiggs","date":"February 27, 2019","format":false,"excerpt":"Stock: Coles Group Ltd Exchange: ASX Symbol: COL Date: February 27, 2019 Latest price: $11.53 Market Cap: $15.38 bn Fair Value Estimate: $10.90 Forward P\/E: N\/A Fair Value Payback: N\/A Financial Y\/E: June 30 Rating: Hold Sector: Consumer Staples Industry: Food Retail Investment Theme: Dividends & Growth Structural Trends: N\/A\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17466,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/11\/22\/wesfarmers-coles-demerger\/","url_meta":{"origin":17456,"position":2},"title":"Wesfarmers &#8211; Coles Demerger","author":"Colin Twiggs","date":"November 22, 2018","format":false,"excerpt":"Wesfarmers announced their intention to demerge Coles, along with senior leadership changes, on 16 March 2018. Wesfarmers will retain 15 per cent of Coles and 50 per cent of flybuys. Eligible shareholders will receive one Coles share for every Wesfarmers share that they hold. \"Demerging Coles enhances Wesfarmers\u2019 prospects of\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43642,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/08\/23\/woolies-families-face-increasing-financial-pressure\/","url_meta":{"origin":17456,"position":3},"title":"Woolies: Families face increasing financial pressure","author":"Colin Twiggs","date":"August 23, 2023","format":false,"excerpt":"From The Age: Food sales at Woolworths\u2019 Australian supermarkets jumped by 5 per cent to $48 billion in the 12 months to June, while sales rose 8 per cent to $4.8 billion at Big W. But the company said trading conditions at the discounter have changed \u201cdramatically\u201d since the December\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17928,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/02\/26\/wesfarmers-ltd-wes-2\/","url_meta":{"origin":17456,"position":4},"title":"Wesfarmers Ltd (WES)","author":"Colin Twiggs","date":"February 26, 2019","format":false,"excerpt":"Stock: Wesfarmers Ltd Exchange: ASX Symbol: WES Date: February 26, 2019 Latest price: $32.70 Market Cap: $36.957 bn Fair Value Estimate: $28.25 Forward P\/E: 16.4 Fair Value Payback: N\/A Financial Y\/E: June 30 Rating: Sell Sector: Consumer Cyclical Industry: Home Improvement Stores Investment Theme: Growth & Dividends Structural Trends: N\/A\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17003,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/09\/12\/wesfarmers-ltd-wes\/","url_meta":{"origin":17456,"position":5},"title":"Wesfarmers Ltd (WES)","author":"Colin Twiggs","date":"September 12, 2018","format":false,"excerpt":"Stock: Wesfarmers Ltd Symbol: WES Exchange: ASX Financial Year-end: 30 June Latest price: $51.34 Market cap: $58.1 billion AUD Date: 11 September 2018 Sector: Consumer Staples Industry: Food & Staples Retailing Investment Theme: Dividends & Growth Company Profile From its origin in 1914 as a Western Australian farmers' cooperative, Wesfarmers\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/17456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=17456"}],"version-history":[{"count":1,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/17456\/revisions"}],"predecessor-version":[{"id":17457,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/17456\/revisions\/17457"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=17456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=17456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=17456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}