MYR 4.09% 82.0¢ myer holdings limited

Mate your extrapolating out the latest figures with no...

  1. 3,555 Posts.
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    Mate your extrapolating out the latest figures with no consideration for mean reversion.

    Stock markets are basically a human emotion indicator and that's what results in the huge swings and the over valuations and the under valuations. Right now MYR is driven by a sentiment and narrative that it is finished with no consideration of the fundamentals of the business. Which is solid but granted declining sales, very low EV to MC and profitable.

    Look past the narrative
 
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