the drivers of myr achieveing higher sales and improved sp or divis in the future are dead!
cons:
low wage growth.
job insecurity.
tighter finance from banks for consumers to spend up big whilst still trying to manage increased cost of living expenses.
falling housing mkt.
more competition with advanced online prescence.
low customer service .
boring brands dont resinate with consumers ie poor product offering.
board retail exp.
higher rents/costs.
balance sheet.
lack of consumer engagement.
reduced nationwide store footprint and engagement.
pros:
the brand.
conclusion:
never buy a business from private equity.
sentiment:
imho avoid as better stocks elsewhere but DYOR.
high risk.
MYR Price at posting:
53.5¢ Sentiment: Sell Disclosure: Not Held
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