Ann: COVID-19 Business Update, page-88

Whether its Christmas in July
or Christmas in December.....
also agree MYR heading North to 0.50

today's price action & 6% decline was hard to watch,
in part because every other man & his dog was up so much in the last few days

but if you think of the positives, there's a lot to like

Likes
- Since Low of approx 11c, Price rising steady & increasing volume
- Jobkeeper, Scomo & Canberra paying Myer Salaries
- Jobkeeper, pumping Billions into consumer pockets & into MYR stores
- Leases, change of power dynamic, MYR now holds the cards for lease renegotiation
- Competitors on the High St / DJ's are doing it really tough, high debt
- Highly motivated shareholders, Solly Lew etc
- Experienced international CEO, who's done it before & knows how to win

Dislikes
- I'm a holder, so do your own research...
but a second Corona outbreak would be a setback,
Australia has been smart & lucky so far & I don't see this happening in a major way

If MYR can be one of the last men standing in retail, like Clint Eastwood, they should have a fistful of dollars