MYR myer holdings limited

low risk high return, page-58

  1. 109 Posts.
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    I sold out at 35.5 today. Held from 46c.
    I was in the optimistic camp but yesterday's news of a tie up with KordaMenta shook my confidence. KordaMentha is a cursed organisation and whatever they have touched in my knowledge has turned to dust for shareholders. I do not trust these people ever wanting a good outcome for the retail shareholders. Now I fear that voluntary administration could be the next step on the advise of these vultures.
    All the best to all who hold the stock and hope it recovers for you. I thought it was better taking a 25% loss vs risking all my capital
 
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