57cps in 07 using 10 pct growth

If they manage to grow EPS again by 10%, we get a figure of 57 cps!

Using a P/E of 20 for a cash cow such as this with high certainty of tonnes of CASH FLOW each yr from an ever expanding fin services and SUPER industry, and I come to $11.40.

If corporate earnings continue to grow and inflation is contained, the market can still boom well into next yr albeit with a couple of large profit taking sessions along the way of course.

In this type of investment environment AMP can trade on a P/E as high as 20-25

With 57 cps, and P/E 22 for example, I get $12.54

The quality of fundamentals (Excellent cash flow + EPS growth + return on equity great too), and the continual increase of divvys and the annual capital return, as well as being the market leader, afford the stock such a high P/E.

I expect the company to continue growth at this pace

The pictures looking good for AMP!

I think $12.00 by mid year easy !

***Dont forget that 'inflows' this forst half might be higher than usual given that its the last time ppl can make contributions in2 super up $1 million dollars!!!!!

It should be a big first half!

theres a lot of UPSIDE imo!