ASX:MYR Archives

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.

Lachlann Tierney

10/04/2019

A Look at the Myer Share Price: Can it Keep Going Up?

At time of writing, the share price of Myer Holdings Limited [ASX:MYR] is up a further 1.74%, trading at 70 cents. The Myer share price took off at the beginning of March (where the arrow is): Source: tradingview.com…

Lachlann Tierney

06/03/2019

Myer Share Price Up in a Big Way on Results Release

The latest news out of the company is its first half 2019 results which run through to 26 January 2019, and reveal that sales are down 2.8%, but underlying net profit was up 3.1% for a better than expected result.

Lachlann Tierney

19/11/2018

Myer Share Price Falls Again as It Confirms Sales Dip

After coming out of a trading halt, the share price of Myer Holdings Ltd [ASX:MYR] has fallen by 6.1%, trading at $0.42. The trading halt yesterday came in relation to an article in The Australian Financial Review (AFR),…

Shae Russell

07/04/2016

Why are Myer Shares Falling?

Myer shares have rallied from $1.00 per share to around $1.25 two weeks ago. It appears investors think David Jones’ increased turnover will show up in Myer’s first-half results. Once the results were announced on 17 March, the share price fell back to around $1.11.