MYR 0.55% 91.0¢ myer holdings limited

Ann: Becoming a substantial holder from MUFG, page-75

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  1. 5,946 Posts.
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    Less competition (Closure of DJ) for MYR.......equates to better presence of MYR S so more sales.......

    Can someone please confirm that their FCC was up from $64m FY18-19, to $211 by Dec 2019........I assume the EOFY would be even higher.......

    800% online sales growth on last reported $292m online sales
    H12020 online sales were $162 therefore with growth of 800% >> $162 x 8= $1296m
    H12020 reported sales of $1607m less online sales = 1607-162=$1445
    Based on this total sales $1445 + $1296m= $2,741m by 1Q2020
    Sales upto 1Q202 + 2Q2020 = $2741m+ $129= $2,870m
    Total sales in 2019 were $2991m
    And then Q2-2020 AFR reported very high retail sales,
    Overall I expect revenue to fall 4%
    with some risk to higher salaries.
    (I'll be checking my theory once the results come out soon)

    Waiting for the report, which should come soon
 
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