MYR 1.27% 80.0¢ myer holdings limited

Will Myer breach debt covenants?, page-60

  1. 2,251 Posts.
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    If you want to be an investor and not just another speculator you need balls of steel backed up by use of the old noggin.

    With the lease obligations as well as the debt and the changing retail landscape, this one goes into my I don't know basket - watch and wait.

    I hear a lot of strong views not backed up by much.

    The case of Sears should be frightening to holders because unlike MYR they still had the buildings - even selling them off all that land couldn't save them.

    As always I have most interested in why I may be wrong. Can any holders explain why this is a buy - how the situation is different from their peers in the U.S?
 
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