MYER HOLDINGS LIMITED (ASX:MYR) - Next stop, bankruptcy!, 36541344, page-10 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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59 Posts.

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17/11/18

09:00

Post #: 36541344
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Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

that's a good summary thanks KittyBoomBoom the best thing for MYR will be for Solomon to asap become Chairman of the Board. I have already sent my proxy to Solomon. Best Wishes to You All. Lets hope that MYR can be saved.

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

Originally posted by kittyboomboom: ↑

You can bet your a** that Sol was on the phone to the ASX when that one liner came out from Myer, it was a disgracefully vague response considering it was pretty damn clear sales figures had been leaked.
They were always going to be leaked, Sol is not going to give them an inch and he shouldn't!
He had already raised the issue of not doing quarterly sales updates, did anyone honestly think it wasn't going to happen?
I was actually expecting MYR to release the sales figures even though they said they wouldn't to not give Sol any more ammunition.
It is becoming increasingly clear the board of MYR is acting in complete self interest in everything they do, and yes I know people will pounce and say so is Sol but he is a SHAREHOLDER, he is not paid a cent by MYR and will make his money in MYR the same way we will, his interests are totally aligned with ours in that respect.
Directors can whinge all they want but there is nothing stopping them from buying big chunks of MYR shares, some of those guys have pretty deep pockets, they never pour a cent into MYR shares, I bet if they did all of a sudden they would follow Sol's playbook completely to actually improve the business.

Ps: MYR board of directors are aiming for slow incremental improvements, Sol doesn't make any money unless this thing multibags! 3 bagger and he barely breaks even, he is going to be aiming for much better than breaking even

Expand

MYR Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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Last 79.5¢		Change -0.005(0.63%)		Mkt cap ! $661.3M

Open	High	Low	Value	Volume
80.0¢	80.5¢	79.0¢	$1.501M	1.886M

Buyers (Bids)

No.	Vol.	Price($)
3	85372	79.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.5¢	28840	1

View Market Depth

No.	Vol.	Price($)
3	85372	0.790
3	41158	0.785
9	37584	0.780
1	20000	0.775
2	15000	0.770

Price($)	Vol.	No.
0.795	28840	1
0.800	40071	2
0.805	77289	6
0.810	61732	6
0.815	55769	3

Last trade - 16.10pm 16/07/2024 (20 minute delay)

MYR (ASX) Chart