Strongly disagree, this is not the MYR of 5 years ago.
Online sales of $500m accounting for 15% - 20% of total sales and growing at > 60% p.a. Online sales will be $1bn by 2023 and they will use COVID as excuse to continue to exit underperforming bricks and mortar store.
On any metric as an online player MYR is undervalued at a market cap of only $250m, MYR will be $500m cap within 1 - 2 years.
I provided a comparison a few months on HC when share price was about 20 cents, first stop will be 50 cents and then to $1.
MYR Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
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