AGM is later in the week so interesting to see how the voting on the rem reports go as well as some of the new changes for the CEO package.
Last year the DJ corporate strategy was still being worked so it will be interesting to see if Myer starts to consider other options as well that offset the loss of this if nothing other than shoring up its defences and altering perceptions that it is a potential take over target. The board would have to at least be demonstrating this rather than waiting for a bidder to emerge.
Unlikely to be any further details on trading unless some further insights come through at a deeper level. Store sales are interesting but it's their digital details that are the most interesting IMO to track as it is the omnichannel results that it is the gauge of whether they will be successful or not. In terms of traffic the new site has done well but how this gets monetised is the key.
MYR Price at posting:
$1.77 Sentiment: Hold Disclosure: Held
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