Longer term department stores are doomed. Sure, trade this stock for short term fluctuations but its not an investment grade stock by any means. Ultimately the only way is down. Future is bleak for MYR. I'd be very surprised if the price is above 30c in 6 months. I'll return and apologise if I'm wrong.
MYR Price at posting:
40.0¢ Sentiment: Sell Disclosure: Not Held
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