Let’s start afresh - it is about future price which is about current perception of profit

The conversations are getting a bit wayward on some of the threads.

Here are some thoughts. 

1. The future value of AMP shares are not determined or that greatly influenced by the bonus structure of the new CEO as this will not produce more profit. If you believe this is true, offer him $40m for a tripling of share price.

2. The sale of the insurance business is crystallizing a loss of value. I think the price is low and sale premature. I accept there was a loss before the sale. People looking for $5 a share assumed no loss.

3. AMP may need to use the excess capital to either settle class actions or pay client remediation. They have not guaranteed the payment of spare cash to shareholders. 

4. If you want to establish a fair value look carefully at the data available about future profits and the look for upside and risk. Then look at break up value, I know this is obvious but it seems to be lacking from some comments. It isthis,not the bonus of the new ceo that will help determine value. 

5, shorting and charting analysis has its value but............go back to point 4 if you want to establish reasonable value.