AMP 0.71% $1.05 amp limited

Hi AllFor those who have followed AMP since its darkest days...

  1. 865 Posts.
    Hi All

    For those who have followed AMP since its darkest days have not been dissapointed..I'm over $350K up since 05/03 on the AMP/HHG double and currently am still holding 20KAMP/40K HHG.

    DO NOT SELL OUT ON THE DIPS this morning..if anything buy as the smart ones are doing...The market wanted all the money now and is dissapointed 28c + 40c cap return!!! Dont worry about that... in fact the bottom line was 8% above expectation and Andrew used the smaller than expected div as a counterbalance. See,,you dont want the share price to run to hard too fast..especially if you want a preditor to take its first bite. Mohl is playing the market at its own game...

    the divs/capital return by the time the interim payment is made (10/05) will be something like this:-

    *14c final div (04/05)
    *40c cap return (06/05)
    *~17c interim div (10/05)
    * ~14c special div (return HHG buyback ~8-10/05)

    Total of ~85c over the next 6-8 months

    Cheers and good luck...remember patience with AMP!!
 
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