Few articles in the herald sun today about Myer, slamming the current board and having a massive go at the chairman. Especially the article by Terry McCrann. I must say, I think he's on the money, the current board has to go, chairman everyone. They have destroyed share holder value, just give Sol what he wants and lets get on with making some money. Retail has money to be squeezed out of it, you just need to do it right. The Chinese come in and have endless supplies of money, they love shopping especially in AUS. Just need to find a mix to capitalise on the right demographics so people start opening their wallets in Myer stores.
Would like to hear peoples comments, if you've picked up and read the HS today.
MYR Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)