ASX:MYR Archives - Money Morning Australia

05/03/2021

Myer Share Price Down 12% after H1 Results (ASX:MYR)

Myer Holdings Ltd [ASX:MYR] shares tanked 12% (at time of writing) after releasing mixed H1 results. Let’s take a quick look at why. It seems investors were left unimpressed with Myer’s H1 results even though statutory net profit...

Carl Wittkopp

10/09/2020

Myer Share Price Down on Results, Still Doing it Tough (ASX:MYR)

One of Australia’s most recognised retailers, Myer Holdings Ltd [ASX:MYR], is doing it tough through 2020. But it’s not all bad, the MYR share price was trading at 22.2 cents at the time of writing, the company is holding its head above water…for now...

Lachlann Tierney

05/06/2020

Kogan Share Price Pushes to New All-Time Highs (ASX:KGN)

At time of writing, the share price of Kogan.com Ltd [ASX:KGN] is up 8.77%, trading at $12.40. The Kogan share price is on a hot streak, bouncing from the March lows and pushing to new all-time highs...

Ryan Clarkson-Ledward

23/05/2020

Target’s Collapse Reinforces Retail Shift — The Decline of Retail

Target, an iconic department store brand, is on its last legs. Controlling entity Wesfarmers confirmed that 167 Target stores will be no more. With 92 set to become refurbished Kmarts and 75 set to close for good. The bigger question though, is whether it is indicative of a broader retail decline...

Carl Wittkopp

18/05/2020

Weekly ASX Market Wrap — Newcrest and Ansell Top Movers Last Week

Last week saw a relatively steady week for the ASX All Ordinaries [XAO]. It opened at 5,488 points, trading up on the Monday only to fall back over the rest of the week with a minor recovery on Friday, closing out the week at 5,492...

Ryan Clarkson-Ledward

11/05/2020

Myer’s Share Price Climbs as Shoppers Flood Stores (ASX:MYR)

This morning has seen Myer Holdings Ltd’s [ASX:MYR] share price further its recent rally. Adding another 10% gain on top of Friday’s surge. The move comes in the wake of a hopeful outlook for retail. As states across the nation begin to ease COVID-19 restrictions...

Carl Wittkopp

11/05/2020

Weekly ASX Market Wrap — APT and MYR Top Movers Last Week

The ASX All Ords was up 274 points overall last week, compared to the week prior. This was recovered on Friday, with the XAO trading up 71.30 points to close out the week. With some luck the All Ords looks to be moving into positive territory...

Lachlann Tierney

06/04/2020

Will Myer Fail? Myer Share Price Looks Ominous (ASX:MYR)

Since the outbreak of the coronavirus pandemic, the Myer share price has plunged over 67%, valuing the company at just $115 million. Myer Holdings Ltd [ASX:MYR] released a business update last month in response to the COVID-19 pandemic...

Lachlann Tierney

12/07/2019

MYR in Holding Pattern: Are Myer Shares Cheap Now?

Today, we look at Myer Holdings Limited [ASX:MYR] efforts to re-jig the business and the impact of buy now-pay later services like Afterpay and Zip. Our conclusion is that Myer shares are potentially cheap, depending on your investment horizon.