Further digging into MYR & it could be great MT-LT hold from 20-25c range. Trading at $220m MC with P/E 5.6 while most retailers >15-20 or higher. Yes can't compare but MYOR now can reduce major costs greatly (Negotiating lease, reducing staff) & improve in online sales.
FY19 results proves management capability.
From $438m loss to $24.5m NPAT.
EBITA up 7.2%. Understand pandemic changed many things but favoured MYR in reducing major costs & bring improvement in online sales.
MC over $500 would be possible by mid 2021.
Ann: COVID-19 Business Update, page-113
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Last
65.0¢ |
Change
0.020(3.17%) |
Mkt cap ! $530.2M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 65.0¢ | 63.0¢ | $401.5K | 626.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 27785 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 139649 | 7 |
View Market Depth
| Last trade - 13.27pm 20/06/2024 (20 minute delay) ? |
| MYR (ASX) Chart |