Subscribe to our newsletter
×
Sign up to receive our regular updates and stay informed
Myer shares soar on DJs takeover talk

Myer shares soar on DJs takeover talk

SYDNEY MORNING HERALD | Daniel Mueller, portfolio manager at Vertium Asset Management, was sceptical about the merits of any merger, noting the retailers were trying to get out of leases not increase their footprints. “Some of the leases Myer is in are very long. You can’t go: ‘I’ll take over and hand the keys back […]

Read More
09, April 2018
Australian equities | Australian shares
Westfield’s $3.3 billion incentive to ‘crush’ Myer in deadly pincer move

Westfield’s $3.3 billion incentive to ‘crush’ Myer in deadly pincer move

NEWS.COM.AU | Myer is likely to be “crushed” in the not-too-distant future by a deadly “pincer move” in part orchestrated by the embattled department store’s own landlord, an equities analyst has warned. Daniel Mueller from Vertium Asset Management has likened Myer’s situation — and potential competition from Westfield owner Scentre Group — to that of struggling US […]

Read More
01, March 2018
Australian equities | Australian shares
Myer: Winter is coming

Myer: Winter is coming

DANIEL MUELLER | What do Amazon, Buffett and Sydney CBD retail have in common? You know about Amazon and its potential to destroy retailers. While Amazon’s Australian launch last December was somewhat underwhelming, one could consider it a ‘soft’ launch. Whether it’s next year or next decade, odds are Amazon will get its offering right. […]

Read More
27, February 2018
Australian equities | Australian shares
Myer profit warning a gift for Solomon Lew

Myer profit warning a gift for Solomon Lew

THE AUSTRALIAN | Daniel Mueller, portfolio manager at Vertium Asset Management, said the Myer downgrade was “very concerning” as it was so close to Christmas. “Historically, this is a key trading period where retailers make a large percentage of their profits for the year. Management usually waits until after this period to report any weakness, […]

Read More
18, December 2017
Australian equities | Australian shares