I know we not allowed to name specific other stocks but abit of face value comparison between MYR and a few other popular retailers in aus especially online only, we know i am talking about, makes MYR look quite cheap.
MC of other well known online only Asx retailer has about similar online sales numbers but market cap over 1B,
old retailer of MYR with a brand name that is synonymous with Aus retailer, is less than 3 times valuation of a new comer that has similar online sales numbers but no stores (so total rev about 1/6th Myrs) and EbItda about a third of MYR.
what in the asx is going on. Why does the market only focus on newbies and forget the old time brands that have made it thru thick and thin with proven track record.
MYR Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
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