Yes I have been wrong. amp is doing well under the current board and ceo. Not too much money has been lost. And the cfo leaving recently was no reason to worry about things.
‘And debt is something to ignore. Whether there is one or two billion of debt does not matter. RCman says so and squizz ignores it. It is only 5 years of profit currently.
As for the class actions? Amp will win every legal action. Even though so far they have been on the wrong side of all legal cases over the last 5 years.
and only 49% of shareholders voted against the remuneration report at the AGM.
and yes amp are cutting costs…they say so…but all cost ratios say otherwise.
clearly I have been and I am an idiot in not realizing how much this is worth.
ummmmm…no…I cannot believe I have hung onbelieving.
AMP Price at posting:
$1.11 Sentiment: None Disclosure: Held
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