AMP 0.44% $1.14 amp limited

come on rampers...give us a laugh, page-20

  1. 390 Posts.
    re: scott...amp. It depends on one's time frame. Bell Potters has a reduce with $6.50 price but going on past experience with Bells if it gets to this price I will pick up more shares for a longer term view for my super fund. 12 months dividends of 28c plus 40c capital return will equal to 68c return giving you a 10.46% return which is pretty good in my view. We also have the potential of a possible takeover play which has been surrounding the stock for the past 12-18 months which will only add upside to the stock. I called AMP today to discuss Bell Potters downgrading of the stock and how other analyst valued the results. I was informed that the company plans to grow and will not just be relying on share market performances. Mohl has turned the company around so I feel he will surprise the market. I am happy to accumulate on dips and not worry about day to day 5-10% swings. My view only
 
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