MYR 5.88% 63.0¢ myer holdings limited

And there I was ready to sell the lot at 48.5c. Fortunately I...

  1. 2,291 Posts.
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    And there I was ready to sell the lot at 48.5c. Fortunately I pulled my sell order in time.

    Congrats to all who built a position at 40c or better. You have nailed it.

    I expect MYR to fluff around at current price for a week building a pennant as people digest and then take off again on another leg. MYR profits may be modest, but the old girl has duration and acting boldly in recession to destroy its rivals is in its DNA. It has the liquidity for the task.

    I don't hold high hopes for subletting to car dealers. Would have to compete with the malls who have significant vacancies of their own. I would rather see MYR fill its stores with fresh attractive quality stock - avoid the throw-away rubbish other dept stores are offering and keep smiling!

    My sentiment moves from hold to buy.

    Ash
 
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Last
63.0¢
Change
0.035(5.88%)
Mkt cap ! $488.6M
Open High Low Value Volume
58.5¢ 63.5¢ 58.5¢ $4.029M 6.603M

Buyers (Bids)

No. Vol. Price($)
4 76983 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 74762 3
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Last update - 16.10pm 25/03/2019 (20 minute delay) ?
(live)
Last
63.0¢
  Change
0.035 ( 5.88 %)
Open High Low Volume
58.5¢ 63.5¢ 58.5¢ 2739006
Last updated 16.09pm 25/03/2019 (live) ?
MYR (ASX) Chart
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