MYR 2.27% 64.5¢ myer holdings limited

Myer board vulnerable to Lew after it loses kingmaker's protection, page-29

  1. 5,864 Posts.
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    I see a pattern of peaks and troughs of 23 day cycle........today is 23rd day...........

    I expect that with relaxed c-19 conditions and long weekend, the
    -MYR registers should Cha-Ching $$$$$$$$$$.......
    - Cost Reduced: Rents negotiated cost reduced.....
    - Staff: job keeper payments having less of a dent on the balance sheet.
    - E Business:- online sales news numbers out soon........
    - OZ to follow USA upmarket trend Retail SP (eg Macys 9.5% + 11%,+ 4.5%)
    - Competitors: closing shops, gaining monopoly in the market segment
    - Will keep it for 12 months to save CGT......second wave of C19 should also pas under in such way

    If I am incorrect I am incorrect....but I have taken a punt today..............

    Next week should be green and positive...IMO (DYOR)

    https://hotcopper.com.au/data/attachments/2206/2206040-ca589a2e63fa71ddb42e7e2ea828e815.jpg

    Wish me luck!
 
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