Getting punished ..., page-17

Where to from here?

Just a few guesstimates but I'd guess that;

1. Every year we hear how this company is on the mend but underlying profits keep falling
2. A loss is a loss whether it is less of a loss than last year or not
3. The only thing sustaining the share price at the moment is the promise of a capital return
4. More pain on the way for this company based on their continued and sustained loss of adviser, clients and FUM
5. Inflows to North do not add up. Looks like these are mostly from other AMP funds meaning it is a dubious statement to say that this is the shining star in AMP
6. Settlment of adviser class action in a few months will blow a hole in the balance sheet drive the share price down to around $0.70c IMO

As usual, I could be wrong but I think this stock will settle at about $0.60c over the next few years.

PS If they keep "streamlining" this business there will be nothing left!