Intelligent Investor

MYOB Limited

By · 1 Jun 2001
By ·
1 Jun 2001
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Recommendation

MYOB Group Limited - MYO
Current price
$3.40 at 16:35 (09 May 2019)

Price at review
$0.66 at (01 June 2001)
All Prices are in AUD ($)
Everyone should be out of MYOB since our last recommendation in issue 75 (Stop Loss Sell - $1.46) and that's a good thing. The company recently issued a nasty profit warning. Continue to STEER CLEAR until the prospects improve or MYOB hits bargain basement levels.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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