AMP 0.87% $1.14 amp limited

alpha.. why takeitover when it will fall apart? Alpha, This...

  1. 144 Posts.
    alpha.. why takeitover when it will fall apart? Alpha,
    This scenario has nothing to do with a bull or bear market,but about good management in good companies being able to grow its wealth purely by being astute business people.Australia is not a third world country and if you agree with this statement then it stands to reason that its wealth will grow.So if you believe that then you must also believe in the growth of its good private enterprise companies.AMP is not one of them.WES is one.The rise of its share price will come as its profits continue to rise,albeit not as quickly if we were in a bull market,but rise all the same.AMP however relies on its wealth more if we had a bull market,hence if your scenario is correct,no future for AMP exists,also because management is clueless as how to fix their problems ie;reducing the size of the company to grow the company,to make more profit...its a joke.
 
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