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Why fundies are selling Coles, Apple and Amcor
Aggregated Source: ChinaTechNews.com

Selling: Coles, James Hardie Industries, Amcor

Increased margin pressures from higher labour, energy, rental, transport and interest costs were the key theme of the recent reporting season, says Golowenko.

“We’ve recently reduced exposure in Coles Group reflective of these rising cost pressures, along with what seemingly continues to be the ‘beyond time, beyond budget’ build-out of their back-end fulfilment and distribution centres,” says Golowenko.

Why fundies are selling Coles, Apple and Amcor comes via ChinaTechNews.com.

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