I am really looking forward to the half year report and dividend notification. I think it is an exciting time for Myer shareholders in general with another potential creep by young Solly and some business changes upcoming. I think the dividend will be around 4 cents but with upside of being 5 or 6 (if at top end of trading update) cents to show confidence in the business performance and resilience/strength. I think Myers next move is a deep push into the mid dollar range now (which will cool off but she’ll trade in a higher range).. successful turnaround has been executed and special dividends if they sell the 3 owned brands. Can’t forget mr solly might eventually put on his big boy pants and do a take over. Best value stock on the stock market even at these level in my opinion. However, no doubt there’ll be a big sell off since I took the time to set up an account and say this.. good luck everyone!!
MYR Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held
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