AMP 0.00% $1.29 amp limited

hartleys broker - accumulate, page-12

  1. 1,944 Posts.
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    "AXA appears to be a good acquisition for them"


    That has proved to be so. Additionally Mitsu UFJ is collaboration is looking good and adding further ground.

    Back to $20 odd dollars may be a pipe dream a this time (to say the least), however by FY end we may see somewhere in the $6's should the outlook figures/projections hold up.

    As I said previously, chugging along quite nicely, nothing outlandish which in my book is good. What IMO also is a plus, is that they are doing all this in the present fiscal environment.

    As AMP makes slow and steady inroads to the Asian personal markets it may be prove quite lucrative in the future.

    Until then 2-3 steps forward with 1 step back for consolidation is quite fine by me. I'm quite happy to continue on this route.

 
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