IMO, Myer just needs to focus on selling clothing that people want. Desirable clothes that look nice and are exclusive to Myer. None of the building an ice skating rink in the middle of a store, or sponsoring Katy Perry concerts nonsense, like they did under Umbers. Their sales decline is only running at about 3% a year, so if they start selling stuff that people want, it shouldn't be a hard task to reverse that 3% slide, stabilising sales. And at the current price, even a stabilisation of sales and earnings makes the stock look fairly cheap.
IMO, Myer just needs to focus on selling clothing that people...
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Last
61.5¢ |
Change
-0.020(3.15%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.0¢ | 61.0¢ | $4.251M | 6.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 493668 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 81300 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |