Myer net cash $186Mln. Mkt cap 521.5Mln at todays price of 63.5cents. Enterprise value at 335Mln. Without paying tax, it’s earning is 85mln. So if you use this metric, I can buy the whole of Myer by borrowing from bank and pay my bank debt off in 4 years time. What business of this size that you can payoff in 4 years? Is Myer undervalued? Significantly!!
(todays share price action is an accumulation behaviour. I bought more at 60.5cts today. Next leg up we will see it in the 70s soon).
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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($) | Vol. | No. |
---|---|---|
87.0¢ | 38035 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7358 | 0.860 |
5 | 34171 | 0.855 |
2 | 19572 | 0.850 |
1 | 1000 | 0.835 |
2 | 2336 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 38035 | 3 |
0.875 | 7358 | 1 |
0.880 | 94253 | 17 |
0.885 | 43177 | 4 |
0.890 | 68445 | 6 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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MYR (ASX) Chart |