MYR 1.27% 80.0¢ myer holdings limited

Ann: Myer Half Year Results (1H2018), page-139

  1. 3,808 Posts.
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    Clearly you've never read a MYR annual report......
    Guess that means you've also missed the fact the leases are heavily weighted to profitable stores?
    This has been a terrible investment for me obviously but some of the suggestions coming out are just plain headline informed drivel IMO.
    Capraisings to pay $20m in debt for a business with an underlying profit of $40m for a half?
    Solly has played this thing like a fiddle, take this statement below about the board:

    He said this week: "It's now just a matter of how and when we replace them."

    Convinced the whole world MYR is going bankrupt LOL
 
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