MYR 0.00% 80.0¢ myer holdings limited

Watch out!, page-65

  1. 4,263 Posts.
    lightbulb Created with Sketch. 11
    whoevers interested has to contend with debt abt 150m,
    rental contracts and the current depressed operating conditions of low wage growth poor sales and o/seas competition via other stores/brands and more established online presence
    this shld hold bk any big t/o premium/mutiple.
    might be case some parties interested in different parts of the business not whole lot.

    imo long term future value is in online business and enhancing the myr brand via online channels
    with a vastly reduced store footprint and headcount all levels
    sales and distribution will have to be fully automated start to finish
 
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