ASX Shares Myer may go up (MYR)

Discussion in 'Shares & Funds' started by MyDarlinghurst, 24th Oct, 2017.

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  1. MyDarlinghurst

    MyDarlinghurst Well-Known Member

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    now Solly Lew is whipping the CEO's butt we may see a rise in Myer
    I have just bought 10,000 shares

    I'm predicting it to hit $1

    Go Solly !
     
  2. tvadera

    tvadera Well-Known Member

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    Vic

    I recently traded MYR shares at the start of the year, entered at 1 and exited at 1.28 I guess. Recently I entered again at 0.86 and waiting for some miracle to save this store (takeover or turnaround in MYR strategy). Amazon is entering Australia and it poses serious challenge to Myr and other retailers. I would exit if it reaches 1$ or higher.

    What's your plan with MYR?
     
  3. MyDarlinghurst

    MyDarlinghurst Well-Known Member

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    I'm hoping now Solomon has put the pressure on the Myer Board that they will hit a $1
     
  4. devank

    devank Well-Known Member

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    Got a small parcel (7% of total) at 74 cents.
    Most my holdings don't give any dividends. Myer's dividend is good.

    I thought it is hammered enough due to Amazon effect.
     
  5. MyDarlinghurst

    MyDarlinghurst Well-Known Member

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    Sydney NSW
    Looks like it's slowly rising... the new CEO said he bought 25 million shares so he is ready .

    Solomon Lew is on his back so he maybe working a bit harder

    I'm hoping the price rises this year to $1 at least.