MYR 3.07% 79.0¢ myer holdings limited

myr could have more bleeding if like tol, page-13

  1. 11,121 Posts.
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    mbeard

    Good point.

    It is pretty worrying when a company has total creditors of $487m (which I assume to be bills payable in the short term) and cash on hand of only $122m (which is only 25% of the value of the total creditors).

    They should reduce their dividend and use the funds to pay off some of their bills and loans.

    loki
 
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