The next catalyst here will probably be earnings. To many bears think Covid induced e-commerce is temporary. In my mind we just hit the fast forward button.
The other aspect is the stupid HomeBuilder scheme. Just look at the housing start numbers and the shortages in housing materials. Timber framing costs are through the roof at the moent. This will feed through into furniture and homewares over the next 6 months. Mydeal will be a beneficiary.
MYD Price at posting:
91.0¢ Sentiment: Buy Disclosure: Held
