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.
Further digging into MYR & it could be great MT-LT hold from...
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Last
63.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $524.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1022 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 1211 | 1 |
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| Last trade - 09.50am 20/06/2024 (20 minute delay) ? |
| MYR (ASX) Chart |
Day chart unavailable