AMP 1.32% $1.15 amp limited

How and Why AMP will recover from this and get back to $5 in a few years. No Astral., page-3

  1. 7,302 Posts.
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    amp FUM to market cap 23-1
    perpetual FUM to market cap 15-1

    so AMP valued significantly less.
    furthermore wealth division around 50% of the business. still have amp bank and amp capital

    then need to subtract debt of course

    big 4 banks all exiting wealth management, these clients will have to go somewhere.

    if AMP can fix its internal mismanagement, they have the critical mass to do well.

    underlying demand not going away
    Last edited by noomxx: 17/07/19
 
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