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ASX investor profile picture
ShareShack user name hidden until logged in November 16
Myer looks like it’s had its day. An outdated business model. What does that say about the retail sector in general? Should one invest in it all? What about other sectors in a potential Australian recession?
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ASX investor profile picture
ShareShack user name hidden until logged in August 06
Here's the list of volume spike trades of interest in today's scan (for trading day ending 06-Aug-2018):


Personal disclosure - No direct positions thus far in these companies.
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ASX investor profile picture
ShareShack user name hidden until logged in March 21
Myer appears clueless what to do and a train wreck in slow motion under current Board. Got to think Solomon Lew will be successful in clearing the Board out- question is whether he will mount a takeover for Myer if it’s share price continues to plunge.

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ASX investor profile picture
ShareShack user name hidden until logged in March 09
Myer has just been dumped out of the ASX 200. Unbelievable for a company that was at one time worth more than $2.0 billion.

Share price is down a further 6% today.

One would have to think with Solomon Lew being a major shareholder through Premier and him agitating the way he is for a change in the whole Board, that there must be value to be created with better management.

He seems to think the problem with Myer is not the disruption from on-line, but rather that there's no one with relevant retail experience on the Board.

Makes sense as without appropriately skilled management, a business has no chance, especially in a highly competitive environment.
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