AMP 0.37% $1.34 amp limited

Ann: AMP Limited Q3 19 AUM and cashflows update, page-91

  1. 3,699 Posts.
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    I hold as I eventually value can be gained from this point. I don’t think it will e quick I think some posters are delusional.

    I hold as I have said before as I think the current strategy will fail and the business will be bought by someone or some others at higher price than today and I can a decent return from where we are. If I am wrong and the strategy works then great, I get a decent return.

    So so I hold as lost 70% of my purchase value and I may be making the mistake of riding all the way down or staying in for a true recovery in price if not the business.

    AMP Capital is fine. It was the suggestion that it was the industry benchmark I questioned. There is no metric to support this.

    You can pump and then dump it all you like. There will continue to be selling in the $1.80 to $1.90 range as some $800m bought in at $1.60 and can take a quick 15% profit.
 
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