Certainly a worthwhile thought although for MYR I think it isn't realistic to be looking at re-aquiring realestate, wrong point of the cycle by a long shot IMO.
I hold shares in HVN partially for that reason.
Regarding leases being liabilities I would suggest thinking about assets and liabilities a little differently.
For a store that doesn't make a profit of course it's a liability but what about the highly profitable stores?
Clearly not a liability is it?
We really need to see some bold action regarding stores that ARE liabilities.
That's where the value of the leases will start to become apparent, I highly suggest studying the history of HVN and the last 5 odd years of reports, really interesting reading(I'm sooo boring)
A step in the right direction...., page-10
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Last
85.0¢ |
Change
0.005(0.59%) |
Mkt cap ! $707.0M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 84.5¢ | $228.9K | 269.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 4366 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MYR (ASX) Chart |