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96.5¢ myer holdings limited

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DeltaHedge

198 Posts.

14

22/02/18

14:11

Post #: 31258978
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Originally posted by ChippyDude ↑

Talking rough numbers here, not exact.

But Myer have about 1 Billion worth of sales at the Till per year, on about 30% margin.

In fact I think its over 1 Billion and over 30% margin, but say 300 Million profit at the till.

220 Million of that goes to rent on the space, So even a tweak to how rent could be negotiated down a bit or else Sub-let would boost the bottom line.

With the Billion of sales at the Tills, even just a 10% improvement in Margin = 100 Million bucks.

That wouldnt create any more costs, just be like 100 Million extra profit.

Based on that, I suspect Umbers, Hounsell and Lew all play online Solitare together on the same team.

Although all seem to be enemies of each other in the Media, like Hounsell hates, umbers, Lew hates Umbers and Hounsell bla bla.

What if they are all just gearing for a pre planned agenda. Where in the end they all win.

I mean if Myer contracts its rent 10 years ahead, how come it only plans its business 5 mins ahead.

I reckon Umbers was given the aganda of setting Myer up for a TO, Lew mabe wanted to derail that and make a coin off it on the way.

But either way, just some mildly Ok news could send MYR for a 50% run.

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MYR Price at posting: 48.8¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 96.5¢		Change 0.000(0.00%)		Mkt cap ! $808.2M

Open	High	Low	Value	Volume
97.0¢	98.5¢	95.5¢	$667.2K	685.1K

Buyers (Bids)

No.	Vol.	Price($)
3	8756	96.0¢

Sellers (Offers)

Price($)	Vol.	No.
98.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
3	8756	0.960
1	7964	0.955
1	5263	0.950
3	16867	0.940
4	32848	0.920

Price($)	Vol.	No.
0.980	10000	1
0.985	100000	1
0.990	64100	6
0.995	102097	6
1.000	236602	15

Last trade - 16.10pm 18/11/2024 (20 minute delay)

MYR (ASX) Chart