Further digging into MYR & it could be great MT-LT hold from 20-25c range. Trading at $220m MC with P/E 5.6 while most retailers >15-20 or higher. Yes can't compare but MYOR now can reduce major costs greatly (Negotiating lease, reducing staff) & improve in online sales.
FY19 results proves management capability.
From $438m loss to $24.5m NPAT.
EBITA up 7.2%. Understand pandemic changed many things but favoured MYR in reducing major costs & bring improvement in online sales.
MC over $500 would be possible by mid 2021.
Further digging into MYR & it could be great MT-LT hold from...
Add MYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.5¢ |
Change
-0.030(3.92%) |
Mkt cap ! $611.3M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 75.5¢ | 73.5¢ | $263.7K | 354.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21826 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 29070 | 2 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
|
|||||
|
Last
74.3¢ |
Change
-0.030 ( 2.32 %) |
||||
| Open | High | Low | Volume | ||
| 75.0¢ | 75.0¢ | 74.0¢ | 64161 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| MYR (ASX) Chart |