The net profit reported as 12 million was after the NON cash write downs of about 56 Million.
Myer still made 1 billion or so of sales at 30% margin
They may write down more this year and have a negative number.
But based on tax, They could possibly write down about 80% of the profit with more NON cash write downs.
I means Myer paid tax on 12m and not 68m, due to the deductions.
Just Minor tweaks to the Business management can make a massive difference to the Numbers.
- Forums
- ASX - By Stock
- MYR
- A Contrarian Buy
A Contrarian Buy, page-124
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYR (ASX) to my watchlist
|
|||||
Last
81.5¢ |
Change
0.005(0.62%) |
Mkt cap ! $677.9M |
Open | High | Low | Value | Volume |
81.5¢ | 82.5¢ | 80.5¢ | $416.2K | 511.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5920 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 4337 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 89790 | 0.800 |
2 | 10012 | 0.790 |
3 | 8177 | 0.780 |
3 | 27820 | 0.770 |
3 | 15405 | 0.765 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 2922 | 1 |
0.820 | 68155 | 3 |
0.825 | 122488 | 5 |
0.830 | 83719 | 3 |
0.840 | 38000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
MYR (ASX) Chart |