In the 'Livewire' blog online on Tuesday 10 September 2021, some bloke named John Sevior (apparently founded Airlie Capital Management) says of MYR:"...Pivoting to another major holding in the portfolio, Myer (ASX:MYR) has been under the microscope lately. PMV have increased their holdings..
A challenging business with great history and assets, its high degree of operating leverage places it a position to succeed under the right management, as we have seen with JB Hi-Fi and Nick Scali..."
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This is code for 'don't sell your holding'.
Despite the huge problems for MYR (and JBH/NCK) with the NSW and Greater Melbourne lockdowns, and for MYR, no high-spending international tourists coming in, and no interstate 'girls' shop-a-thons'), MYR has a good long term future, especially if Mr Solomon Lew has more influence.
Ann: Trading Update for FY21, page-50
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Last
87.0¢ |
Change
0.025(2.96%) |
Mkt cap ! $723.6M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 88.0¢ | 84.0¢ | $894.4K | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7358 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 38035 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MYR (ASX) Chart |