Is it time to buy, page-72

The bear case is easy since the stock has sold off. What is difficult is the bull case.

I listened to De Ferrari speak last week. He does seem confident of a turnaround for the brand. I believe he will offer products and services to the finicky needs of clients. No longer does one product suit all. It will be a lot of work for AMP but the final result should be good. Many players are exiting wealth management but AMP is not. So to the remaining and future FUM, will it be "once bitten twice shy" or "lightning never strikes twice" -time will tell.

I've opened a position at $1.64 for the first time as it looks an okayish entry point. A move above $1.80 will confirm this but I suspect it will bounce around 1.6-1.80 for a while with possibly another drop as claims wash through investors' brains by March next year.