MYR 4.09% 82.0¢ myer holdings limited

Valuation, page-3

  1. 6,299 Posts.
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    Well I am puzzled as to what is it. On the one hand, whilst retail is not the hottest thing at the moment, at todays SP of $2 even, even if the dividend is reduced to 7 cents per half year, ( and thats a big if) its still a 10% dividend yield. And also we have these comments in the press about it potentially being a takeover play. So the price comes down now to $2, duhhh. !!! What am I missing here.
 
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