The companies listed all doubled their earnings or EBIT this FYH1.
Myer is a better company... than both Kogan and Redbubble with a much broader consumer base.
Myer had 170m online sales PCP x that by 110% - 120% online sales, = $400m first half online sales Myer had 100m EBIT PCP x that by 110% - 120% = 200m + EBIT
If all these other companies have done it.... don't you think Myer has a better chance of doing it given its massive online marketing influx it has pushed? Its stores have also seen massive foot traffic since reopen, as have all other retailers according to ABS stats we are 10 % above PCP's.
It has been ranked in the top 7 online analytics for retail stores for the past 12 months.
Anyway I shouldn't have to provide the specific numbers, if you are holding Myer you should know.
If Myer announces a 5c dividend, then the companies value is 1b + easily. 5c x 800m shares = 40m paid out to share holders. EBIT of 200m - 80m in tax = 120m in NPAT - 40m dividend - 70m in debt = DEBT FREE AND HAPPY f*ING SHARE HOLDERS.
I believe they will make it happen, if it was going to happen then this is the half year to do it! If not then this ship will surely sink lol.
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