Myer – Vertium Asset Management https://vertium.com.au Tue, 26 Feb 2019 04:50:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 Myer shares soar on DJs takeover talk https://vertium.com.au/myer-shares-soar-on-djs-takeover-talk/ https://vertium.com.au/myer-shares-soar-on-djs-takeover-talk/#respond Mon, 09 Apr 2018 00:28:21 +0000 http://vertium.com.au/?p=2591 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 […]

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]]> https://vertium.com.au/myer-shares-soar-on-djs-takeover-talk/feed/ 0 Westfield’s $3.3 billion incentive to ‘crush’ Myer in deadly pincer move https://vertium.com.au/westfields-3-3-billion-incentive-to-crush-myer-in-deadly-pincer-move/ https://vertium.com.au/westfields-3-3-billion-incentive-to-crush-myer-in-deadly-pincer-move/#respond Wed, 28 Feb 2018 21:47:44 +0000 http://vertium.com.au/?p=2548 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 […]

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]]> https://vertium.com.au/westfields-3-3-billion-incentive-to-crush-myer-in-deadly-pincer-move/feed/ 0 Myer: Winter is coming https://vertium.com.au/myer-winter-is-coming/ https://vertium.com.au/myer-winter-is-coming/#respond Tue, 27 Feb 2018 04:38:59 +0000 http://vertium.com.au/?p=2544 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. […]

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]]> https://vertium.com.au/myer-winter-is-coming/feed/ 0 Myer profit warning a gift for Solomon Lew https://vertium.com.au/myer-profit-warning-a-gift-for-solomon-lew/ https://vertium.com.au/myer-profit-warning-a-gift-for-solomon-lew/#respond Sun, 17 Dec 2017 22:06:38 +0000 http://vertium.com.au/?p=2401 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, […]

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