AMP 1.35% $1.10 amp limited

Jesus!This is all they can come up with?Whilst hitting us with...

  1. 906 Posts.
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    Jesus!

    This is all they can come up with?

    Whilst hitting us with more bad news that, not only is NIM only 125bps for FY23, but it will be even lower in FY24 with no growth forecast for the bank.

    But don't worry fellow shareholders.....................the new digitial business bank SHOULD be accretive by........wait for it...........2027!!!!

    Whooo Hoooo! Go you good thing!!

    Switching my Sentiment from Buy to Sell. I've had this dog for YEARS, at a weighted average share price of just $1.40, and the share price has never, except for one short period earlier this year, been able to achieve that price. Even after a buy back of something like 8% of its total issued capital. Total dog.

    AMP never fails to snatch defeat from the jaws of victory.
    Last edited by jdon: 16/11/23
 
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