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72.3¢ myer holdings limited

MYR owns zero property. All of Myer's previously owned property...

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vagabond84

962 Posts.

204

28/03/20

22:26

Post #: 43753746
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Originally posted by Oscar09: ↑

Any idea if they have any property assets left.
or are they just a leasing retailer holding cash.

if they are just holding cash, why would they try hard to continue street retailing.

much of the old school retail has been decimated, and Myer have struggled to capture an angle.

successful retailers have to be made up of specialties, look at UNIQLO.

always packed, good products, good prices, great service, good positions.

i don't know what I would even go to Myer for these days, general department stores just aren't focussed enough on anything in particular. Myer is obviously a lifestyle company for many execs, a shareholders nightmare, full of people hoping/praying that this can't be the scam that it's turning out to be.

floated to mug punters on glamorous sentiment at a MC of $2.6 billions, with no strategy to succeed in a new environment . KKR from memory. Smart ass white collar thieves.

its like 90 percent of the specs, but on a bigger scale.
the rot needs to stop. The fund managers should put half their billion $$ profits in trust for 10 years, and if it flunks that money bails out long suffering shareholders.

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MYR owns zero property. All of Myer's previously owned property were sold off by their previous private equity owners.

MYR Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 72.3¢		Change 0.008(1.05%)		Mkt cap ! $598.9M

Open	High	Low	Value	Volume
74.5¢	74.5¢	72.0¢	$229.4K	316.9K

Buyers (Bids)

No.	Vol.	Price($)
12	27071	72.0¢

Sellers (Offers)

Price($)	Vol.	No.
72.5¢	30634	17

View Market Depth

No.	Vol.	Price($)
13	33357	0.720
13	81299	0.715
14	40162	0.710
7	59824	0.705
15	148107	0.700

Price($)	Vol.	No.
0.725	21753	17
0.730	36317	8
0.735	78328	8
0.740	71348	11
0.745	83033	5

Last trade - 15.22pm 03/05/2024 (20 minute delay)


Last 72.5¢			Change 0.008 ( 0.68 %)
Open	High		Low	Volume
73.0¢	73.0¢		72.0¢	126373
Last updated 15.39pm 03/05/2024 ?

MYR (ASX) Chart