MYR 0.61% 82.0¢ myer holdings limited

Has this puppy finally turned?, page-13

  1. 268 Posts.
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    I hear what your'e saying Riskup, but I suspect you may be in this for a quick buck. Indeed you were like me earlier this year on MYR - a short term trade and you made some money. I'm talking about ever eternal and hopeful investors watching their money disappear year after year and still convinced (or trying to convince themselves) that it could turn out to be a good investment.

    Lousy customer service levels in MYR are no secret to anybody in this country. It has been this way for years. Why buy a business like that?

    Better off waiting until management have proven that they really care about the business and wait and watch for a bit of a turnaround. You may miss the initial gain, but if the business really turns around, that initial gain won't matter. The risk by then would probably have decreased significantly, too...
 
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30 60445 81.5¢
 

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82.0¢ 15737 11
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