MYR 0.00% 96.5¢ myer holdings limited

Yea I dont know how goodwill impairment works with debt...

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    Yea I dont know how goodwill impairment works with debt convenant. Any idea? I remember PBG was doing similar things but actually sold some brands. I am very interested in MYR but cant really value it at the moment. Whats your intrinsic value? Taking out all goodwill doesnt help because sales drop is 6%... i mean 1-2% is still ok but 6% for expensive retail is damaging. But I guess they have high chance of cycling it positively next FY. At the moment it is worth more like $0.350. Bit tricky this situation.
    Last edited by Didak: 23/02/18
 
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