MYR 0.55% 91.0¢ myer holdings limited

If 800% increase in online sales turn into 800% increase in cash...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,945 Posts.
    lightbulb Created with Sketch. 611
    If 800% increase in online sales turn into 800% increase in cash flow of $192m in the current qtr then valuation is .58c close to Morning Star prediction........(assuming then it goes back to standard sales pattern)

    https://hotcopper.com.au/data/attachments/2142/2142752-146617f215dd46ff45994aaa8d9d6ba6.jpg

    other patterns and variations may also emerge to get that price.......but it seem low price right now.

    Another theory if the revenue increases by 25% each qtr then sp of .60c may be achieved

    https://hotcopper.com.au/data/attachments/2142/2142763-30bc1b745cbccbbaab5e718c0a4ecdb7.jpg

    SO what is management planning.......any news coming out ??????? any announcements?????

    DYOR

    I am in hold pattern
 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
(20min delay)
Last
91.0¢
Change
0.005(0.55%)
Mkt cap ! $762.1M
Open High Low Value Volume
92.0¢ 93.0¢ 91.0¢ $1.270M 1.381M

Buyers (Bids)

No. Vol. Price($)
3 38968 91.0¢
 

Sellers (Offers)

Price($) Vol. No.
92.5¢ 63588 5
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
MYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.