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91.5¢ myer holdings limited

A Contrarian Buy, page-59

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Beardy

2,449 Posts.

45

19/01/18

09:41

Post #: 30404971
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Originally posted by Berger978456 ↑

So far the MYR plan hasn't done wonders for the stock price or sales - however it also hasn't been a complete failure with pretty massive growth in online sales. Foot traffic is still down, but thats not surprising in a tough retail environment. U.S is a few years ahead of us, and Walmart for example have had some blockbuster results with changing the way they do things. So there are positives and there is certainly a catalyst for change and improvements to be made with respect to MYR foot traffic, sales and profitability.

Additionally Solomon Lew is a bit of an X Factor and certainly someone not to be fobbed off as many are doing on this thread. Solomon Lew in his own words "knows retail" - if he makes a play for board seats or takes a bigger chunk of MYR then in the immortal words of Yazz from 1988 - "the only way is up".

Ofcourse this is just my opinion and I dont care if anyone buys or sells on any of my posts...my thesis is rock solid and only time will tell who is right. But I'm near 100% conviction in my thesis.

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So Berger, you equate Myer with Walmart ?

MYR Price at posting: 64.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 91.5¢		Change 0.030(3.39%)		Mkt cap ! $766.3M

Open	High	Low	Value	Volume
90.0¢	91.5¢	88.0¢	$1.461M	1.617M

Buyers (Bids)

No.	Vol.	Price($)
1	11174	90.5¢

Sellers (Offers)

Price($)	Vol.	No.
91.5¢	11765	2

View Market Depth

No.	Vol.	Price($)
1	11174	0.905
5	40010	0.900
2	38036	0.890
1	15	0.860
3	12132	0.850

Price($)	Vol.	No.
0.915	11765	2
0.920	95318	9
0.925	83877	7
0.930	53146	4
0.935	11175	1

Last trade - 16.10pm 14/10/2024 (20 minute delay)

MYR (ASX) Chart

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