WES 1.15% $69.32 wesfarmers limited

myer float to buy or not to buy, page-2

  1. 486 Posts.
    ZARA,
    Tough call, and I'm not sure asking WES fans will provide a useful answer:

    > WES fans will be hoping MYER becomes the meat in the sandwich between TARGET at the lower edge and DJs at the upper edge

    > Uhder private equity, MYER has certainy improved from the basket-case it was, BUT the performance improvement has largely been through cost reduction.

    > Now the key question is: Can they achieve profitable growth as a public company? By stealing market share from DJs, Target, and specialty fashion retailers, or because their timing will let them grow with economic recovery in 2010?
 
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