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80.0¢ myer holdings limited

what a vote of confidence, page-7

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daz1982

2,622 Posts.

57

30/07/15

16:57

Post #: 15722991
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Originally posted by wasko ↑

I think David Jones is a good example of the fact that there is still a place for well run department stores in Australia. I have had my eye on Myer for awhile, there was no way I was going to buy this stock while the ex CEO was still on-board. He is gone now, tick. The new CEO seems to be operating under the principle of less words, more action. Good on him. I bought this stock because I like the changes they are making, specifically better financing arrangements, less permanent staff (more flexibility) and better revenue per square metre (losing under-performing brands). You can't turn around a ship this large overnight, however you don't wait to buy after the benefits of such an approach have been realised as you miss out on the price appreciation in between.

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Couldn't agree more from what I've heard and seen Richard Umbers is very switched on. The real results will start to show this new financial year.

MYR Price at posting: $1.24 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 80.0¢		Change 0.000(0.00%)		Mkt cap ! $665.4M

Open	High	Low	Value	Volume
80.5¢	80.5¢	78.5¢	$1.432M	1.793M

Buyers (Bids)

No.	Vol.	Price($)
2	4773	79.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	4773	0.795
2	10694	0.790
6	67393	0.785
3	30220	0.780
2	90000	0.775

Price($)	Vol.	No.
0.800	50000	1
0.805	8694	2
0.810	46300	5
0.815	12269	1
0.820	59983	11

Last trade - 16.10pm 15/07/2024 (20 minute delay)

MYR (ASX) Chart

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