similar to AGL, AMP going through demergers.Similar to AGL,...

similar to AGL, AMP going through demergers.
Similar to AGL, historic news flow has been very negative for a long time.
Similar to AGL, underlying business value has been declining.

When all the above occur, the market despairs, and share price can drop significantly below the weakened underlying intrinsic value.

That is the time to start to strike.

There is a margin of safety because the market is despairing (which is magnified by a macro strong market).

Hence my interest again in AMP.
At $1 ball park share price, for me it stacks to take a position from which I can dollar average downwards.

My 1st positions are usually quite small (including AMP at less than 1% of the portfolio). So lots of room to dollar average downwards and not blow up overall portfolio risk.

That's why I am not fearful.

My conservative break up value of AMP is around $1.30.
Further the share price drops below this price, the more confidence I have to allocate more funds.

If AMP share price dropped to around 80c because of severe macro market weakness I would significantly increase my position.

I play like the casino operators: play the odds, but never over expose one to any individual odd.

And by the way Broker Report Share Price Targets: are usually just 12 months forecast, as an owner in a share my view point is much longer than 12 months