I think it is a reasonable result, and I am no lover of Myer.
3 notes
- Jobkeeper and other shutdown based cost reductions were material to the result. What happens when they disappear.
- The positive cashflow was equal to the reduction in inventory. That is a one-off. If they increase inventory, where does the cash come from?
- The move to online didn't come with a decrease to cost (or increase in margin if you prefer). That is worry some. We know they can't really compete online but this seems well below expectation.
I think it is a reasonable result, and I am no lover of Myer. 3...
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Last
60.0¢ |
Change
-0.015(2.44%) |
Mkt cap ! $1.036B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 60.0¢ | $16.61M | 27.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 2196860 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 39085 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |