Interesting perspective, kitty.
A mature department store business attracts investment mainly for its dividend, so I consider your claim a bold one. 18-24 months of no dividend would see the share price at the end about where it is today. even with vigorous share buybacks.
I don't see the balance sheet needing that level of repair. MYR has already been re-capitalised and intangibles halved.
Perhaps you could enlighten us as to why you read things this way.
(I am not particularly a divvy-hunter)
Ash
ps. and I am bewildered about where the value goes when a shirt that costs $3 to make in Vietnam retails for $80.
Interesting perspective, kitty. A mature department store...
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Last
60.0¢ |
Change
-0.015(2.44%) |
Mkt cap ! $1.036B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 60.0¢ | $16.61M | 27.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 2196860 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 39085 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |