MYR myer holdings limited

I'm still trying to justify how MYR is trading on a PE as low as...

  1. 153 Posts.
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    I'm still trying to justify how MYR is trading on a PE as low as 7 vs KGN of 72, that is really funny and irrational. Especially considering that Kogan has No real retail presence apart from being know as an online cheapskate shop. MYR has retail stores and shop signage in every major Australian shopping mall, constantly advertising, a great presence and brand, yet 10% of El chepo KGN's PE, what a complete an utter mismatch to reality. Just goes to show that emotion and flock mentality rule is place, not good sense and reason.
 
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